War Hits IRGC Bitcoin Ops, Power Returns

INTELLIGENCE SUMMARY

War Hits IRGC Bitcoin Ops, Power Returns Iran’s blackouts were heavily driven by IRGC-linked crypto mining draining the grid. After 2026 strikes disrupted those energy-hungry ops, power demand dropped; leading to temporary stability and even surplus electricity despite the war. Crypto mining (incl. IRGC-linked farms) consumed huge power (~2,000 MW). In some estimates, mining caused ~20% of Iran’s power deficit. Electricity was extremely cheap → highly profitable Bitcoin mining. Crypto beca