🚨 BITCOIN MINERS ARE SHUTTING DOWN ACROSS THE U.S.
Bitcoin’s hashrate dropped fast, from 1.13 ZH/s to 690 EH/s in just two days.
This means many miners turned off their machines.
Usually, a drop like this happens because miners give up due to losses (capitulation).
👉 This time is different.
The main reason is a severe cold storm in the U.S.
The U.S. controls about one-third of all Bitcoin mining worldwide.
Extreme cold:
Puts huge stress on power grids
Causes electricity prices to jump
Makes mining too expensive to run
Because of this, many miners were forced to shut down temporarily.
⚠️ If the cold weather continues, some miners may:
Sell Bitcoin ($BTC)
Use that money to pay fixed costs like electricity, loans, and maintenance
This could create short-term selling pressure, even though the problem is weather-related, not a failure of Bitcoin itself.$BTC
