Once upon a frosty, gloomy day, there was a Bitcoin mining pool named Foundry USA. This hefty pool was the king of coins, the biggest mining showpiece around. But alas! Like all great tragedians meeting their icy dreadfuls, Foundry was struck by the tempestuous wrath of a sumptuous American winter storm.
Foundry USA’s Horrific Hashrate Hiccup
Collect your mittens, folks! A colossal chunk of ice named a winter storm decided to play havoc with the United States. And as any snooty winter visitor might, it brought along a suitably suave cherry of Arctic chill, turning everything upside down. Planes skidded off the sky, and lights danced out of homes, leaving more than 800,000 whippanauts in the chilly dark.
In the midst of this uproarious madness, the Bitcoin blockchain, our dear digital deuce, blushed a chilly blue. The righteous Bitcoin Hashrate, usually as steady as a humdrum hymn, now scurried down like cockles in a damp seaside breeze. American miners, those paragons of patience, had to slash their power use – the kind that makes light bulbs blink at the flick of a switch!
Turns out Foundry, the grand dame of Bitcoin pools, had its celebrated computing prowess tumble from some majestic, never-before-seen 340 exahashes per second to a pitiful 139 exahashes per second! Quite the plummet, wouldn’t you say?
Before this winter debacle danced its way across the land, Foundry ruled over Antpool like a gargantuan gold giant. But now, with a shrug of the shoulders and a haughty tumble of almost 60% in its Hashrate, it’s sipping tea with Antpool, the cheeky little percent lower-ranker. Foundry’s withdrawal of power caused quite a stir, impacting systems more widely than one might expect.
The neat number of Bitcoin Hashrate, previously swaggering around 1,118 EH/s, stooped down, momentarily, to a mere 668 EH/s. Though it’s climbed some since then, it’s still wallowing in the lowlands at 776 EH/s, shy of its boisterous 30% self. This meant blocks were processing at a painstakingly poor pace, dragging into the 12.28 minutes territory, rather than the speed of a sprightly 10 minutes.
But fear not, the storm was simply but a hiccup in Bitcoin’s grand plan. Even if Foundry USA hibernates a bit longer than planned, Bitcoin has the smarts of its creator, Satoshi Nakamoto, built in; it will shuffle its little feet and adjust the “Difficulty” level to stay steady on track for efficient block-making.
Thus, the Blockchain might puff up its chest and lower its Difficulty setting by a whopping 18% to buffer the chill.
BTC Price
Current whispers from the trading streets reveal Bitcoin coyly nestled around $87,700, taking a gentle little stumble of 5.7% in the span of the week. A curious sight!
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2026-01-27 07:57