Bitcoin mining facility during severe winter storm showing impact on hashrate operations
Blockchain News

Bitcoin Hashrate Plummets: How a Devastating US Winter Storm Crippled Mining Operations

United States, February 2025: A severe winter storm sweeping across major regions of the United States has triggered a significant decline in Bitcoin’s global hashrate, exposing the cryptocurrency network’s vulnerability to extreme weather events. The unprecedented weather system, bringing freezing temperatures, heavy snowfall, and ice accumulation, has forced Bitcoin mining operations in affected states to […]

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 […]