Bitcoin Mining Struggles in Texas Amid Rising Power Costs from Arctic Freeze
It is considered the coldest month in the United States in January. In the first month of 2025, the country suffered the explosion of the Arctic, which led to the average temperature of Dharsus and other states dropped to 11 degrees Celsius. Data suggestion The country’s current cold weather is affected Bitcoin mining The industry is serious. Let us know how to destroy the mining industry in the Arctic explosion.
US Bitcoin mining and Texas characters
The United States is an outstanding participant in the BTC mining industry. It controls at least 36 % of the global Bitcoin mining industry. It is important that more than 17 % of the mining industry in the central and southern United States can handle more than 17 %.
How to destroy BTC mining in cold weather
The Arctic explosion reduces the average temperature of several mining -friendly states such as the United States in the United States. On January 22, the temperature in Texas fell to zero degrees Celsius as low as zero. Most families in the United States depend on their electric heating system to protect themselves from cold violations. Naturally, in the cold month, the cost of electricity increases.
This situation is worse, the winter storm destroyed cheap power supply, such as wind and solar. This forces the country to be seriously dependent on natural gas. Too many natural gas-the infamous price fluctuation-make the power production process very expensive.
Rising electricity prices and BTC mining close
With the rise of natural gas prices, the average electricity prices rose sharply in January in January due to the rise in demand and the decline in supply. With the rise of power prices, the profitability of mining has decreased. It is reported that miners in Texas, east and southeast faced more economically mining time in January. The difficulty of adjustment of Bitcoin shows that due to the rise in electricity prices, many Bitcoin miners have closed their mining business.
The chart shows that the Bitcoin market experienced the first negative difficulty adjustment within four months on January 26, 2025.
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What is the next step of Bitcoin mining?
Experts believe that once the weather in a mining -friendly area like Texas is returning to normal, the situation will return to normal.
Texas is famous for its hot summer and gentle to cool winter. The state usually experiences spring (from March to May), summer (June to August), autumn (from September to November) and winter (from December to February).
The Arctic explosion in January 2025 exposed the vulnerability of Bitcoin mining to extreme weather. As the temperature rises, mining operations are expected to recover. However, the incident emphasized that miners need to closely monitor energy costs and weather risks.
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Frequently Asked Questions Answers
Encryption involves solving complex problems on the blockchain to verify transactions and obtain cryptocurrency rewards.
The profitability depends on hardware costs, electricity, encryption prices and network difficulties. Use the mining calculator to estimate the income.
Challenges include high power costs, hardware costs, calories/noise, competition and regulatory issues of large farms.
