Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Gachapin
on 26/12/2022, 19:13:28 UTC
could the hashrate drop have to do with Texas miner shut down to support the power grid due to cold weather?

Could be, could be, dear Watson.
Just don’t forget that they are losing money[?] in the process. It’s a very thin line between miners shutting down, difficulty re-adjusting, and mining again with a smaller difficulty.

fwiw I read somewhere that miners shutting down to support the grid get financially compensated for that...