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US Winter Storm Weighs on Bitcoin Mining Network, Cryptoquant Finds
- Bitcoin
Cryptokeeper
- 0
- 1 minute read
Bitcoin mining took a direct hit from January’s U.S. winter storm, with Cryptoquant data showing sharp declines in hashrate, production, and miner revenue across the network. Bitcoin Mining Production Falls to Post-Halving Lows According to Cryptoquant researchers, several large U.S.-based mining firms curtailed operations as severe weather disrupted power availability, accelerating a networkwide hashrate drawdown […]
