Bitcoin hashrate recovers after cold weather shut down miners

Days after freezing temperatures across the United States put a strain on the country’s electricity grid, causing a temporary drop in hash rate, the Bitcoin network hash rate has once more reached normal levels, as reported by Cointelegraph.

According to reports, Bitcoin miners in Texas, which contributes significantly to the hash rate of the nation, voluntarily reduced their output to return power to the grid so that locals could continue to heat their homes, Cointelegraph noted.

Cointelegraph further noted that Bitcoin’s hash rate, which typically ranges between 225 and 300 Exahashes per second (EH/s), appears to have been affected by the disruptions. On December 25, this decreased to 170.60 EH/s.