CoinDesk Podcast Network
THE MINING POD: Bitcoin Mining in Iran w/ Masih Alavi
May 6, 2025
Join Masih Alavi, CEO of ViraMiner and expert on Iran's Bitcoin mining scene, as he unpacks the underground world of crypto in his homeland. With only 5 MW of legal mining versus a staggering 2 GW stealthily operating, he reveals how outdated hardware helps Iranians navigate sanctions. Alavi discusses why high tariffs drive miners underground, their ingenious methods to stay hidden, and the surprising reality that 18 million Iranians own crypto assets despite a challenging landscape. Tune in for an eye-opening look at resilience in the face of adversity!
51:08
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Iran hosts only 5 MW of legal bitcoin mining operations, while an estimated 2 GW thrive illegally, driven by economic hardships.
- The government's rigid regulations and high tariffs push miners underground, complicating the legal landscape for cryptocurrency operations in Iran.
Deep dives
Rakuten's Big Give Week Savings
Rakuten is hosting a special event called Big Give Week, offering shoppers a remarkable 15% cash back at a variety of well-known brands including Expedia, Ray-Ban, and Stanley. This annual event presents a unique opportunity for consumers to maximize their savings while purchasing the products they love. Users benefit significantly by earning cash back on top of existing deals, making shopping not just a necessity but a rewarding experience. With the event ending on May 12th, shoppers are encouraged to join Rakuten for free and take advantage of a welcome bonus, emphasizing the urgency to capitalize on these savings.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
