Bitcoin Block Time Slows Amid US Winter Storm, Miner Operations Curtail
A severe winter storm in the U.S. has impacted Bitcoin mining operations, leading to a slowdown in block production. According to reports, many Bitcoin miners have curtailed their activities in response to the storm. This operational adjustment has resulted in a reduction in the hashrate of the Foundry USA pool. The curtailment of mining operations and the reduced hashrate have collectively contributed to a slower block time for the Bitcoin network. The development highlights the reliance of Bitcoin mining on stable energy infrastructure.
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