The post Extreme Cold Cuts US Bitcoin Hashrate Amid Grid Stress appeared on BitcoinEthereumNews.com.

Several US-based Bitcoin (BTC) mining pools have curtailed operations in response to extreme winter weather that strained electricity grids across the country. The reductions came as an Arctic cold snap brought subfreezing temperatures across large parts of the United States. Sponsored Sponsored Arctic Weather Triggers Sharp Bitcoin Hashrate Pullback According to TheMinerMag, 2 major Bitcoin mining pools serving North America collectively cut over 110 exahashes per second (EH/s) of hashrate in late January 2026. Foundry USA, the world’s largest Bitcoin mining pool, saw a sharp drop in hashrate. It fell from nearly 340 EH/s to around 242 EH/s late last week. Luxor also recorded a decline, with its hashrate sliding from roughly 45 EH/s to 26 EH/s. Smaller pullbacks were observed at Antpool and Binance Pool as well. These figures have since fallen further. “Bitcoin hashrate on FoundryUSA alone is down by nearly 200 EH/s, or 60%, since Friday amid continued curtailment. Temporary block production has slowed down to 12 minutes,” TheMinerMag wrote. Data from the Hashrate Index shows that Foundry still controls approximately 163.5 EH/s of hashing power. It accounts for about 22.59% of the total Bitcoin network hashrate. Luxor’s share stands at 3.01%, with its hashrate falling to roughly 21.9 EH/s. Bitcoin Mining Pools. Source: Hashrate Index The widespread decline in hashrate coincides with a severe Arctic freeze that has brought snow, ice, and extreme cold, sharply increasing heating demand. Power grids in multiple states came under strain, prompting operators to issue conservation requests. Sponsored Sponsored According to the BBC, the winter storm has left at least three people dead and knocked out power to hundreds of thousands of homes. Schools and roads were closed nationwide, and flights were canceled as “life-threatening” conditions stretched from Texas to New England. In a post on X (formerly Twitter), Matthew Sigel, Head of digital…

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Filed under: News - @ January 26, 2026 5:25 am