X @The Block
The Block·2026-01-26 17:47

RT Naga Avan-Nomayo (@JeSuisNaga)A winter storm just slowed Bitcoin itself, at least for now.❄️ U.S. storm Fernan has left more than one million residents without power.⚡️ To ease the power grid stress, U.S. miner curtailments knocked ~200 EH/s offline, pushing block times toward 12+ minutes as miners powered down.🏭 Extreme weather conditions impacted Foundry USA, the largest bitcoin mining pool by hashrate, as its computing power dropped by ~60% since Friday. Other U.S.-focused pools were not spared either ...