Several US-based Bitcoin (BTC) mining pools have curtailed operations in response to extreme winter weather that strained electricity grids across the country.
The reductions came as an Arctic cold snap brought subfreezing temperatures across large parts of the United States.
According to TheMinerMag, 2 major Bitcoin mining pools serving North America collectively cut over 110 exahashes per second (EH/s) of hashrate in late January 2026.
Foundry USA, the world’s largest Bitcoin mining pool, saw a sharp drop in hashrate. It fell from nearly 340 EH/s to around 242 EH/s late last week.
Luxor
The reductions came as an Arctic cold snap brought subfreezing temperatures across large parts of the United States.
According to TheMinerMag, 2 major Bitcoin mining pools serving North America collectively cut over 110 exahashes per second (EH/s) of hashrate in late January 2026.
Foundry USA, the world’s largest Bitcoin mining pool, saw a sharp drop in hashrate. It fell from nearly 340 EH/s to around 242 EH/s late last week.
Luxor
19 days ago
