US Storm Smashes Bitcoin Mining Power, Sending Hash Rates Tumbling
A fierce winter storm– Fewer miners online… pic.twitter.com/j0lv7bU9JN
MARA: 45 –> 7 (more volatile as it mines “solo”)… pic.twitter.com/SzgcbtgQ5V
— Julio Moreno (@jjcmoreno) January 26, 2026
Big Miners Felt The Impact
Analytics firms noted output from some big US miners fell sharply. Marathon Digital’s daily production was down from 45 coins to seven in one day, and IREN moved from 18 to six, data compiled by market trackers showed.
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CryptoQuant flagged slower daily digs from several major operators as the storm hit. In Texas, reports say miners worked with grid managers to help balance supply and demand, using their machines to soak up extra power when available and to step back when the grid was under strain.
Featured image from Pexels, chart from TradingView
