Winter storm in the US affects grid load increase, leading to extended BTC block generation time, miners forced to reduce mining

Odaily News Extreme weather conditions in the United States have caused most Bitcoin mining activities in the country to voluntarily halt. The hash rate of the Foundry USA mining pool alone has dropped by approximately 60% since last Friday. The total hash rate of major US mining pools has decreased by about 200 EH/s, leading to Bitcoin block production times extending to over 12 minutes. Foundry USA's hash rate has fallen from a recent peak of nearly 328 EH/s to around 139 EH/s. (The Block)