Bitcoin Hash Rate Recovers After 38% Drop During Arctic Blast

Bitcoin’s hash rate plunged about 38% leading to the holiday weekend as extreme weather pushed crypto miners in affected areas to voluntarily cut power or to completely shut down operations to ease stress on struggling power grids. The massive winter storm, which caused a blizzard-like “bomb cyclone,” left about 1,400,000 homes and businesses from Texas … Continue reading Bitcoin Hash Rate Recovers After 38% Drop During Arctic Blast