Bitcoin’s network hashrate fell to its lowest level in seven months over the weekend as a powerful winter storm swept across the United States, forcing miners to scale back operations amid surging energy demand and widespread power disruptions.
Key Takeaways:
A US winter storm pushed Bitcoin’s hashrate to a seven-month low as miners curtailed operations to ease grid strain.
Network power fell over 40% before partially recovering.
Miners scaled back operations to help stabilize electricity grids.
https://finance.yahoo.com/...
Key Takeaways:
A US winter storm pushed Bitcoin’s hashrate to a seven-month low as miners curtailed operations to ease grid strain.
Network power fell over 40% before partially recovering.
Miners scaled back operations to help stabilize electricity grids.
https://finance.yahoo.com/...
17 days ago