Bitcoin Mining: Texas Freeze Leads to Slowdown Impacting 34% of Hash Rate

Bitcoin mining has taken a severe hit in the state of Texas as it grapples with extreme weather conditions. A drop in temperature has resulted in mining centers not being able to use enough power for a significant level of hash rate. Sentiment Result : Negative

Bitcoin mining has taken a severe hit in the state of Texas as it grapples with extreme weather conditions. A drop in temperature has resulted in mining centers not being able to use enough power for a significant level of hash rate.