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How Iranian Energy Subsidies Fuel Crypto Mining - And Why It’s Breaking the Grid

How Iranian Energy Subsidies Fuel Crypto Mining - And Why It’s Breaking the Grid

Caius Merrow Jan, 7 2026 0

Iran subsidizes electricity for crypto mining at pennies per kWh, creating massive profits while millions face daily blackouts. This is how the state exploits energy policy to bypass sanctions - and who pays the real cost.

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