Bitcoin mining hashrate declines more than 30% amid America's big winter storm

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Bitcoin mining hashrate declines more than 30% amid America's big winter storm
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The continuing blizzard in the US has had a drastic impact on Bitcoin miners, causing many of them to shut down.

The ongoing blizzard has created a unique set of challenges for bitcoin miners in the US.

Thousands of homes and businesses nationwide were without power this holiday weekend amid an Arctic blast and winter storm that tore down power lines with winds and heavy snow and dropped temperatures dangerously low, leaving at least 22 people dead, CNNA major shake-up is happening on the Bitcoin network with the hashrate — a measure of how much computing power is being used to process transactions — dropping significantly.

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