Bitcoin Hashrate Slides as Texas Miners Curtail Hashpower to Bolster the Grid

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Bitcoin’s total hashrate tapped a low of 170 exahash per second (EH/s) on Dec. 25, as reports noted that bitcoin miners in Texas curtailed their hashpower during a massive winter freeze. Statistics show that close to 100 exahash dropped off the network but rebounded from the 170 EH/s low to 240 EH/s by 12:00 p.m. (ET). Texas Bitcoin Miners Curtail Computational Power After reaching 272 exahash per second (EH/s) on Dec. 24, 2022, the network’s hashrate plunged during the early hours the very next day as it dropped to 170 EH/s. A myriad of reports detail that because of the
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Author: coinmaker

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