Winter Storm Fernan triggered widespread mining curtailments in the U.S., with Foundry USA taking roughly 200 EH/s offline.
A severe winter storm has forced US miners to curtail operations, dragging bitcoin’s hashrate, output and miner margins to their weakest levels in months.
The Bitcoin mining industry runs on long-term thinking, operational efficiency and resilience. These are exactly the qualities entrepreneurs need to build companies that last.
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Bitcoin’s hash rate fell 10% after a winter storm knocked U.S. mining operations offline, highlighting weather risks to the ...
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