[Data: Iran's Bitcoin Hashrate Plummets 77% in a Quarter] According to a report by Hashrate Index on April 8, as reported by Jinse Finance, Iran's Bitcoin hashrate experienced a significant drop over the past quarter amidst ongoing conflicts with the United States and Israel. However, this conflict has not impacted global hashrate levels. Ian Philpott, Marketing Director at Luxor Technology, stated in a report released on Monday that Iran's Bitcoin hashrate decreased by approximately 7 EH/s (exahashes per second) quarter-on-quarter. Hashrate Index's heatmap data shows that the country's current hashrate is only about 2 EH/s. Philpott noted that while regional conflicts have clearly impacted Iran's hashrate and could have potentially caused a ripple effect on neighboring countries like the UAE and Oman, these countries have not been affected so far. He stated: 'The impact is confined to within Iran. Neighboring countries such as the UAE and Oman have maintained stable hashrates. Global hashrate remains at around 1,000 EH/s, as no single region's hashrate is large enough to threaten the continued operation of the Bitcoin network. Regional hashrate disruptions only lead to redistribution, not complete disappearance.' In February of this year, after the U.S. and Israel launched strikes on Iran, conflicts in the Middle East escalated, with both sides engaging in retaliatory attacks. On Tuesday, the U.S. and Iran reached a two-week ceasefire agreement. It is estimated that Iran currently has 427,000 active Bitcoin mining machines.