Winter Storm Fernan triggered widespread mining curtailments in the U.S., with Foundry USA taking roughly 200 EH/s offline.
The temporary loss of mining power underscores academic concerns that geographic and pool concentration can magnify infrastructure failures, though markets showed little immediate reaction.
A U.S. winter storm briefly touched Bitcoin’s pulse.
Extreme cold led miners to curb their electricity use, briefly cutting hashrate as grid stress spread across several regions.
The fallout from the arctic blast that swept across the US is prompting some large-scale Bitcoin mining companies to shutter parts of their energy-intensive operations as electricity costs surge.
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Foundry USA slashes hashrate in preparation for severe winter conditions
Foundry shut down some of its hashrate in preparation for the snowstorm in the USA.
Bitcoin depends on the community to survive. Without the web of miners and developers, the mainnet is as good as dead.
NiceHash says two untagged Bitcoin blocks tied to “lottery” speculation were mined during internal testing, underscoring how ...
CKpool developer and administrator Con Kolivas announced on X the launch of a new solo BTC pool located in Brisbane, Australia. The goal of this Bitcoin mining pool is to service Oceania and ...
Bitcoin was designed to be decentralized. No individual, company, or government was meant to control it. This idea is at the ...
This article is for informational purposes only and is not a financial promotion. It does not recommend any provider, product ...
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