1. The National Weather Service has reported blizzard conditions from the Midwest to the Northeast, with a cold snap that will result in below-freezing temperatures in about 80% of the United States. Bitcoin miners will be affected. Riot Blockchain said that it was closing down its Rockdale facility in Texas because of extreme weather conditions. Core Scientific said it would be “participating in multiple power curtailments to help stabilize the electrical grid.” It is expected that the bitcoin network-wide hashrate will drop temporarily.(The Block)
Global Crypto Mining News (Dec 19 to Dec 25)
Global Crypto Mining News (Dec 19 to Dec 25)
Global Crypto Mining News (Dec 19 to Dec 25)
1. The National Weather Service has reported blizzard conditions from the Midwest to the Northeast, with a cold snap that will result in below-freezing temperatures in about 80% of the United States. Bitcoin miners will be affected. Riot Blockchain said that it was closing down its Rockdale facility in Texas because of extreme weather conditions. Core Scientific said it would be “participating in multiple power curtailments to help stabilize the electrical grid.” It is expected that the bitcoin network-wide hashrate will drop temporarily.(The Block)