PANews
PANews|Jan 26, 2026 01:37
[Foundry USA Bitcoin Mining Pool Hashrate Drops by About 60% Since Last Friday Due to U.S. Winter Storm] According to a report by Cointelegraph, the Foundry USA Bitcoin mining pool's hashrate has dropped by about 60% since last Friday due to the impact of the U.S. winter storm 'Fern.' Data shows that its hashrate has decreased by nearly 200 EH/s, currently maintaining approximately 198 EH/s, which accounts for 23% of the global mining pool's total hashrate. This reduction has temporarily extended its block production time to about 12 minutes. The storm has swept across multiple regions in the U.S., leaving over a million residents without power. Other mining pools serving U.S. users, including Luxor, have also implemented hashrate reductions to alleviate pressure on the power grid infrastructure. Bitcoin mining, as a controllable load resource, can shut down during peak grid demand and resume operations during low demand, thereby helping to balance the grid load. The current storm is affecting parts of the southeastern, northeastern, and midwestern United States.
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