A US winter storm knocked Bitcoin hashrate to a 7‑month low as miners powered 
down to ease grid stress, even as BTC, ETH and SOL prices stayed relatively 
calm. Bitcoin’s (BTC) mining network just endured a stark reminder that it…

Bitcoin hashrate slumps 40% in two days as US winter storm hits miners

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A fierce winter storm that swept much of the US over the weekend forced large 
parts of the Bitcoin mining fleet to cut power, leaving the network much 
weaker for a short time. Related Reading: Bitcoin Whales Are Back: 104K BTC 
Added As $1M Transfers Surge Reports say power outages and extreme weather 
pushed some operators to pause or slow their rigs so local grids could 
breathe. The result was a dramatic, though temporary, fall in the total mining 
power securing the blockchain. Miners Adjust Power Use According to mining 
operators on the ground, the pause was intentional. Many farms turned down 
machines to reduce strain on regional utilities when demand spiked and 
generation dropped. Abundant Mines, a crypto mining firm headquartered in 
Oregon, said roughly 40% of global mining capacity went offline in a 24-hour 
window. That kind of quick scaling back is possible because miners can shut 
down and restart hardware rapidly, which in some regions acts like a big, 
flexible electrical load that can be trimmed when needed. Bitcoin Hashrate 
Just Dropped Below 700 EH/s The likely cause: the winter storm impacting Texas 
&amp; the southeast, where a large share of US mining happens. Power outages and 
voluntary grid-stabilization measures have taken miners offline. What this 
means: &#8211; Fewer miners online… pic.twitter.com/j0lv7bU9JN — Abundant Mines 
(@AbundantMines) January 25, 2026 Hashrate Drop And Quick Recovery Based on 
reports from mining trackers, network hashrate fell sharply starting Friday 
and hit a low not seen in seven months by Sunday, dropping to about 663 EH/s. 
Within a day or so, as crews worked and weather systems moved on, the figure 
climbed back toward 854 EH/s. Hashrate Index estimates the US supplies nearly 
38% of worldwide mining power, so disruptions in the country show up fast in 
global totals. A federal Energy Information Administration report noted there 
are more than 130 dedicated crypto mining sites across the US, meaning storms 
that affect broad regions can hit mining supply in a big way. Bitcoin Price 
Action Price moved with the headlines but not in a straight line. Based on 
reports, Bitcoin traded around $88,300 through the volatility, with swings 
linked to both weather and wider geopolitical strains. BTCUSD now trading at 
87,866. Chart: TradingView The market had earlier seen lifts up near $96,000 
during episodes of geopolitical tension, while other stretches brought softer 
prices as macro risks grew. Traders watched carefully; the temporary hashrate 
dip raised questions about short-term miner revenue, yet it did not trigger a 
major crash in market value. As the winter storm hits the US, Bitcoin mining 
companies curtail operations to support the power grid. Their daily Bitcoin 
production was hit significantly in the last few days. CLSK: 22 bitcoin -&gt; 12 
Bitcoin RIOT: 16 -&gt; 3 MARA: 45 -&gt; 7 (more volatile as it mines &#8220;solo&#8221;)… 
pic.twitter.com/SzgcbtgQ5V — Julio Moreno (@jjcmoreno) January 26, 2026 Big 
Miners Felt The Impact Analytics firms noted output from some big US miners 
fell sharply. Marathon Digital’s daily production was down from 45 coins to 
seven in one day, and IREN moved from 18 to six, data compiled by market 
trackers showed. Related Reading: XRP Showing Strength, Analyst Points To $4 
Potential CryptoQuant flagged slower daily digs from several major operators 
as the storm hit. In Texas, reports say miners worked with grid managers to 
help balance supply and demand, using their machines to soak up extra power 
when available and to step back when the grid was under strain. Featured image 
from Pexels, chart from TradingView

US Storm Smashes Bitcoin Mining Power, Sending Hash Rates Tumbling

The review could reshape regulatory frameworks, influence market dynamics, and 
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