Bitcoin Mining Costs Vary Widely: Europe vs. Iran Highlights Geopolitical Impact

New research reveals stark variations in Bitcoin mining costs across the globe, highlighting the significant influence of energy prices and geopolitical dynamics. In 2025, Bitcoin miners face dramatically different realities based on electricity costs, government regulations, and subsidies. While Iran offers remarkably low mining costs at around $1,300 per Bitcoin, European countries grapple with exorbitant prices exceeding $300,000, creating a widening gap in profitability. This disparity has major implications for the future of Bitcoin mining as operations move toward regions with lower electricity costs.