A severe Arctic blast sweeping across the United States has forced Bitcoin miners to take more than 110 exahashes per second of computing power offline, temporarily slowing block production to 12 minutes as operators curtail operations to ease strain on regional power grids, according to The Miner Mag.
The widespread shutdowns mark one of the largest coordinated mining curtailments since the 2021 Texas grid crisis, with FoundryUSA’s hashrate dropping nearly 60% since Friday.
Real-time data from Mining Pool Stats shows FoundryUSA’s hashrate fell from approximately 340 EH/s to roughly 242 EH/s