US Bitcoin Miners Slow as Winter Storm Hits Power Grids

Bitcoin mining activity in the United States slowed during a winter storm this week as operators curtailed power use or faced grid disruptions, pushing network block times higher and briefly reducing overall hashrate The slowdown appeared most visible among U.S.-based mining pools, as extreme weather strained electricity systems across several regions, according to public network data on Mining Pool Stats. The most pronounced storm-related impact appeared at Foundry USA and Luxor, both of which have sig ...