Iran Threatens Retaliation Over Infrastructure Damage, Bitcoin Markets on High Alert
Iran's hardline activist Ali Gholhaki has warned that if Iran's energy infrastructure suffers extensive damage from US or Israeli strikes, Tehran will target critical infrastructure across the region and in Israel. The statement comes from a single voice, not official government channels.
The power grid of Iran is closely tied to its crypto ecosystem, with subsidized electricity making it one of the more cost-competitive mining jurisdictions on the planet. If damage to the power grid occurs, it would disrupt Bitcoin's global hash rate, leading to a short-term drop in computational power securing the network.
The Nobitex incident in June 2025 showed how fragile Iran's digital financial infrastructure is to external pressure. A pro-Israel group hacked the Iranian crypto exchange for roughly $90 million, exposing the country's reliance on stablecoins and peer-to-peer crypto trading as tools to route around international sanctions.