The severe cold snap in the United States has caused the first negative adjustment to bitcoin mining difficulty since September 2024, according to mining company Luxor. In January, a powerful arctic blast caused temperatures to plummet in the US, increasing demand for electricity and driving up energy prices. This forced many BTC miners to slow down their operations, leading to a drop in mining difficulty.
The article United States: This weather phenomenon causes Bitcoin mining difficulty to plummet appeared first on Cointribune.
