Bitcoin miners are making millions by shutting down because of a massive US winter storm
A storm, a spike in power prices, and a wave of voluntary shutoffs turned block times into a lesson in miner incentives.
All about Bitcoin and crypto mining, from hashrates and hardware to environmental impact.
A storm, a spike in power prices, and a wave of voluntary shutoffs turned block times into a lesson in miner incentives.

If it ever activates, it’s opt-in and slow, because Bitcoin’s real constraint is coordination, not cryptography.

The biggest drop since 2021 is backward-looking, and CoinWarz’s projected 12% snapback will confirm if miners are returning.