Data: Iran's Bitcoin hash rate plummeted 77% within the quarter

Golden Finance reported that on April 8, according to the latest report from Hashrate Index, amid the ongoing conflict involving the United States and Israel, Iran’s Bitcoin hashrate saw a sharp drop over the past quarter, although this war has not dragged down global hashrate.
Luxor Technology marketing director Ian Fielburt said in a report released on Monday that Iran’s Bitcoin hashrate decreased quarter-over-quarter by roughly 7 EH/s (exahashes per second). The Hashrate Index hashrate heatmap shows that the country’s current hashrate is only about 2 EH/s.
Fielburt noted that although the regional conflict has clearly impacted Iran’s hashrate, it could have triggered a ripple effect on neighboring countries such as the UAE and Oman, but so far those countries have not been affected.
He said, “The impact is limited to within Iran; the hashrates in neighboring countries like the UAE and Oman remain stable. Global hashrate is still maintained at around 1000 EH/s, because no single region’s hashrate scale is large enough to threaten the continued operation of the Bitcoin network. Regional hashrate disruptions only cause hashrate to be reallocated rather than disappear completely.”
After the U.S. and Israel launched strikes against Iran in February this year, the Middle East conflict continued to escalate, and both sides immediately carried out retaliatory attacks. On Tuesday, US-Iran ceasefire talks entered into a two-week truce. Estimates suggest that Iran currently has 427,000 active Bitcoin mining rigs.