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Bitcoin Hashrate Drops Over 39% as U.S. Ice Storm Disrupts BTC Mining

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Bitcoin Hashrate Drops Over 39% as U.S. Ice Storm Disrupts BTC Mining

The Bitcoin hashrate has dropped sharply over the past two days, likely due to the severe ice storm in the U.S., which has temporarily reduced mining activity. Hashrate, a key measure of Bitcoin’s network security and participation, typically declines during periods of miner capitulation.

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