Cryptocurrency Mining in Iraq: Laws, Risks, and Reality in 2025

When you hear cryptocurrency mining Iraq, the practice of using hardware to validate blockchain transactions within Iraq’s legal and energy environment. Also known as Bitcoin mining in Iraq, it’s not a hobby—it’s a high-risk gamble with no safety net. Unlike countries with clear rules and cheap power, Iraq offers none of that. There’s no official law saying mining is legal. There’s also no law saying it’s illegal. That gray zone means you’re on your own.

The real problem isn’t the law—it’s the power. Iraq’s grid is unstable. Cities face daily blackouts. Even if you get a generator, diesel costs more than the Bitcoin you might mine in a week. Miners who tried it in 2023 reported losing money after just 30 days. And that’s before you factor in the scams. Fake mining rigs, phishing sites pretending to be Iraqi crypto hubs, and social media groups promising "easy profits" are everywhere. These aren’t just bad deals—they’re designed to steal your money and your hardware.

There’s no government support, no tax breaks, no mining zones. No one is helping you. If your rig breaks, you fix it yourself. If the electricity cuts, you lose your earnings. If you get caught with a high-wattage setup, local authorities might seize it—or worse, ask for a "fee" to look the other way. The few who still mine do it in secret, often in basements or remote homes, running rigs only at night when power is slightly more stable. It’s not mining. It’s survival.

What you’ll find in the posts below aren’t guides on how to start. They’re warnings. Real stories from people who tried it. Scam alerts. Power cost breakdowns. And the truth about why mining in Iraq doesn’t work—even if you have the hardware, the skills, and the courage. This isn’t about profit. It’s about avoiding disaster.