đŸ”„ Texas Heatwave Sparks 15.8% Plunge in Bitcoin Hashrate

🌐 Just days after geopolitical tensions shook the crypto space, Bitcoin’s hashrate has now tumbled by nearly 16%, marking its sharpest decline in almost 3 years.

📉 What’s causing it?

This time, it’s not market panic — it’s Texas heat.

With record-breaking temperatures, major Bitcoin miners in Texas are being forced to power down operations to stabilize the grid and manage energy demands.

🛰 Add in U.S. airstrikes on Iran, and you have a perfect storm disrupting both infrastructure and investor sentiment.

💡 Why it matters:

▫ A reduced hashrate can increase network vulnerability.

▫ It reflects the growing interdependence of energy, climate, and crypto.

▫ It's a strong reminder that Bitcoin mining isn’t just digital — it's deeply physical.

📊 As the climate and global tensions evolve, mining resilience and energy innovation will become the next big frontier.

#Bitcoin #Crypto #Hashrate #Texas #Blockchain

https://coingape.com/texas-heatwave-triggers-15-8-drop-in-bitcoin-hashrate/