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⛏️ Important update on the Bitcoin mining process: Foundry USA calls for voting on BIP-110
Foundry USA Pool, which controls 33% of the world’s Bitcoin hash rate, urges miners to vote in support of the BIP-110 improvement proposal. Currently, signals of support for the proposal are extremely weak, at less than 1% since the voting process began.
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📊 Impact: 📈 High
🏷️ BITCOIN
#Bitcoin #BIP110 #Mining #FoundryUSA #CryptoUpgrade
🔗 Source: https://cryptobriefing.com/foundry-usa-bip-110-miner-vote/
Foundry USA Pool, which controls 33% of the world’s Bitcoin hash rate, urges miners to vote in support of the BIP-110 improvement proposal. Currently, signals of support for the proposal are extremely weak, at less than 1% since the voting process began.
━━━━━━━━━━━━━━
📊 Impact: 📈 High
🏷️ BITCOIN
#Bitcoin #BIP110 #Mining #FoundryUSA #CryptoUpgrade
🔗 Source: https://cryptobriefing.com/foundry-usa-bip-110-miner-vote/
⚡️ Foundry USA hash rate plummets 60%: American miners voluntarily shut down to ensure power supply during winter storm 'Fern'
The world's largest Bitcoin mining pool Foundry USA has experienced a significant decrease in hash rate — since January 23, its hash rate has fallen by nearly 200 EH/s. This is not due to market panic, but rather the challenges posed by extreme weather.❄️
What happened?
The winter storm 'Fern' swept across the United States, causing over 1 million people to lose power. In this situation, cryptocurrency mining companies acted as 'regulators' of the power grid: they proactively shut down to prioritize electricity supply for essential infrastructure such as residential housing and hospitals.
Key data:
🔹 Foundry USA's hash rate dropped by approximately 60%.
🔹 Nevertheless, the pool still accounts for 22% of the global hash rate (approximately 198 EH/s).
🔹 The storm's path extended up to 3000 kilometers.
Why is this important?
This once again proves the flexibility of mining. Mining companies are not only energy consumers but also guardians of grid stability, capable of alleviating energy crises at critical moments. Once the weather improves, the hash rate is expected to rebound quickly.
Keep a close eye on network difficulty adjustments, as this may impact short-term mining profits!📉⛏
#Bitcoin #比特幣 #挖礦 #FoundryUSA #BTC
The world's largest Bitcoin mining pool Foundry USA has experienced a significant decrease in hash rate — since January 23, its hash rate has fallen by nearly 200 EH/s. This is not due to market panic, but rather the challenges posed by extreme weather.❄️
What happened?
The winter storm 'Fern' swept across the United States, causing over 1 million people to lose power. In this situation, cryptocurrency mining companies acted as 'regulators' of the power grid: they proactively shut down to prioritize electricity supply for essential infrastructure such as residential housing and hospitals.
Key data:
🔹 Foundry USA's hash rate dropped by approximately 60%.
🔹 Nevertheless, the pool still accounts for 22% of the global hash rate (approximately 198 EH/s).
🔹 The storm's path extended up to 3000 kilometers.
Why is this important?
This once again proves the flexibility of mining. Mining companies are not only energy consumers but also guardians of grid stability, capable of alleviating energy crises at critical moments. Once the weather improves, the hash rate is expected to rebound quickly.
Keep a close eye on network difficulty adjustments, as this may impact short-term mining profits!📉⛏
#Bitcoin #比特幣 #挖礦 #FoundryUSA #BTC
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