When the massive winter storm swept across the United States over the weekend, putting a freeze on power grids from Texas to ...
The fallout from the arctic blast that swept across the US is prompting some large-scale Bitcoin mining companies to shutter parts of their energy-intensive operations as electricity costs surge.
Shares of most bitcoin miners who have shifted business plans to AI infrastructure fell after Nvidia announced a fresh $2 ...
Extreme cold led miners to curb their electricity use, briefly cutting hashrate as grid stress spread across several regions.
The temporary loss of mining power underscores academic concerns that geographic and pool concentration can magnify infrastructure failures, though markets showed little immediate reaction.