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Bitcoin Hashrate Slides As Foundry USA Loses 200 EH/s In US Cold Snap

The United States winter storm has significantly impacted Bitcoin mining, with Foundry USA, the world's largest mining pool, losing nearly 60% of its hashrate—dropping from 340 EH/s to 139 EH/s. This disruption contributed to a sharp decline in the total Bitcoin network hashrate, which fell from around 1,118 EH/s to a low of 668 EH/s. As a result, average block time has slowed to 12.28 minutes, exceeding the target 10-minute interval. The network is expected to adjust its Difficulty metric in response, with an estimated 18% reduction to compensate for the loss in mining power. Meanwhile, Bitcoin's price has declined 5.7% over the past week to around $87,700.

bitcoinistAyer 07:23

Bitcoin Hashrate Slides As Foundry USA Loses 200 EH/s In US Cold Snap

bitcoinistAyer 07:23

BNB Chain’s Fermi hard fork goes live as on-chain activity returns to 2021 levels

BNB Chain activated its Fermi hard fork on 14 January 2026, significantly reducing block times from 0.75 to 0.45 seconds to enhance network performance. This upgrade, including BEP-619 and BEP-590, addresses growing strain as on-chain activity returns to 2021 levels with 2–3 million daily active addresses. However, total value locked remains at $7bn, far below its $20bn peak, creating higher risks of congestion and transaction issues. Fermi aims to ensure stability and faster finality for DeFi and trading amid increased user activity with thinner liquidity.

ambcrypto01/14 02:56

BNB Chain’s Fermi hard fork goes live as on-chain activity returns to 2021 levels

ambcrypto01/14 02:56

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