Bitcoin mining facility during a severe winter storm, highlighting energy grid strain and production cuts.
Blockchain News

Bitcoin Mining Giants Slash Output as Brutal Winter Storm Grips US Power Grids

United States, February 2025: A brutal winter storm paralyzed major Bitcoin mining operations across the United States in mid-January, forcing industry giants to dramatically curtail production to prevent regional power grid collapses. This event exposed a critical vulnerability in the world’s largest cryptocurrency network, which now relies heavily on American energy infrastructure and weather patterns. […]

Bitcoin mining facility during a US winter storm, illustrating the shift from mining to selling electricity.
Blockchain News

Bitcoin Miners Seize Stunning 150% Profit Surge by Powering Down During US Winter Storm

United States, February 2025: A powerful winter storm sweeping across the United States has triggered a remarkable and strategic pivot within the cryptocurrency industry. Rather than powering their energy-intensive computers to mine Bitcoin, numerous mining operations have chosen to shut down entirely, selling their pre-purchased electricity back to the strained power grid. This decisive move, […]

Foundry USA Bitcoin mining facility impacted by winter storm Fern, showing a 60% hashrate drop.
Blockchain News

Foundry USA Hashrate Plummets 60% as Ferocious Winter Storm Fern Cripples US Bitcoin Mining

United States, February 2025: The North American Bitcoin mining landscape faces a significant operational shock as Foundry USA hashrate has collapsed by approximately 60% in the wake of Winter Storm Fern. The severe weather system, sweeping across vast portions of the United States, has triggered widespread power disruptions, forcing major mining firms to voluntarily curtail […]