Due to the impact of winter storms in the United States, Foundry USA Bitcoin mining pool's hash rate has decreased by approximately 60%

According to Cointelegraph, due to the impact of the winter storm "Fern" in the United States, the Foundry USA Bitcoin mining pool has reduced its hash rate by about 60% since last Friday. Data shows that its hash rate has decreased by nearly 200 EH/s and currently controls about 198 EH/s, accounting for 23% of the total global mining pool hash rate. This reduction has led to an extended block time of approximately 12 minutes.

The storm has swept across many parts of the United States, causing over a million residents to lose power. Other mining pools serving U.S. users, including Luxor, have also implemented hash rate reductions to alleviate pressure on the grid infrastructure. Bitcoin miners, as controllable load resources, can shut down during peak grid demand and turn on during low demand, helping to balance the grid load. The current storm is affecting parts of the southeastern, northeastern, and midwestern United States.