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The U.S. winter storm "Fernan" has swept the nation, causing the hashrate of Foundry USA's Bitcoin mining pool to drop by approximately 60% since Friday.
The storm caused a disconnection of ~200 EH/s, slowing Bitcoin block production to 12 minutes. Foundry USA currently controls ~198 EH/s, which represents 23% of the global pool hashrate. Other U.S. pools have also been affected, with miners adjusting energy usage to reduce the network load. The storm has caused power outages to over 1 million residents. link
The U.S. winter storm "Fernan" has swept the nation, causing the hashrate of Foundry USA's Bitcoin mining pool to drop by approximately 60% since Friday.
The storm caused a disconnection of ~200 EH/s, slowing Bitcoin block production to 12 minutes. Foundry USA currently controls ~198 EH/s, which represents 23% of the global pool hashrate. Other U.S. pools have also been affected, with miners adjusting energy usage to reduce the network load. The storm has caused power outages to over 1 million residents. link