Wednesday, 30 Sep, 2026

US Winter Storm Plunges Bitcoin Hashrate to Seven-Month Low as Miners Curtail Operations to Stabilize Local Grids

WASHINGTON — A fierce and expansive winter storm that swept across large swathes of the United States over the weekend triggered an immediate crisis for the nation’s power infrastructure, forcing a massive portion of the domestic Bitcoin mining fleet to voluntarily power down. The unprecedented curtailment drained the global blockchain network of a significant fraction […]