X @Wu Blockchain

The US winter storm "Fernan" has swept the nation, causing Foundry USA's Bitcoin mining pool hashrate to drop approximately 60% since Friday. The storm led to ~200 EH/s offline, slowing Bitcoin block production to 12 minutes. Foundry USA currently controls ~198 EH/s, accounting for 23% of global pool hashrate. Other US pools are also affected, with miners adjusting energy usage to reduce grid load. The storm has caused power outages for over 1 million residents. https://t.co/fvQfGSIG2M ...