According to the source, 95% of Iran's crypto miners operate illegally, straining the national power grid. Source: X post dated Nov 2, 2025. Iran has previously curtailed electricity to crypto mining centers during peak demand to protect the grid, indicating elevated enforcement risk during stress periods. Source: Reuters, June 2022. For traders, curtailments can introduce short-term BTC hashrate variability and subsequent difficulty adjustments that affect block intervals and fee dynamics; Bitcoin difficulty adjusts roughly every 2016 blocks. Sources: Bitcoin.org protocol documentation; Reuters, June 2022. Actionable watchlist: monitor BTC hashrate and mempool fees, miner revenue per TH/s, and upcoming difficulty estimates for signs of network impact tied to Iran's grid strain and illegal mining prevalence. Sources: Bitcoin.org protocol documentation; X post dated Nov 2, 2025.

According to @BitMEXResearch, a tiny minority in Bitcoin can relax an incentive-incompatible network relay limit regardless of majority preferences, while a significant minority can still enforce existing consensus rules, source: @BitMEXResearch. For traders, this asymmetry signals potential shifts in mempool relay behavior and fee dynamics that can impact BTC confirmation times and short-term liquidity conditions, source: @BitMEXResearch. Actionable focus includes monitoring relay-policy discussions, client policy updates, and on-chain fee spikes as early indicators of policy divergence that may widen BTC perpetual spreads and alter options skew, source: @BitMEXResearch.