Winter Storm Frenan Cripples Foundry USA's Mining Hashrate by 60%

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A severe winter storm, dubbed Frenan, has swept across the United States, causing significant disruptions to Bitcoin mining operations. Foundry USA, a major player in the industry, experienced a dramatic 60% drop in its hashrate, impacting the overall Bitcoin network's block production efficiency. This event underscores the vulnerability of large-scale mining to extreme weather and energy grid instability.

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