Bitcoin miners have powered down to ease the load on the grid in the past, such as in 2022, when Texas miners curtailed their activities amid a major winter storm.
A winter storm threatening to pelt most of the southern US with ice and heavy snow this weekend could see Bitcoin miners curtail their operations until the front has passed.
American weather forecasting company AccuWeather reported on Thursday that a “massive winter storm” could extend for 1,800 miles from far west Texas to the mid-Atlantic coast, cutting power, preventing travel in over a dozen states and affecting upwards of 60 million people.
When large storms have caused havoc to power grids in the past, Bitcoin miners have powered down to ease the load on the grid. In 2022, when a major winter storm hit Texas, crypto miners across the state voluntarily curtailed their activities.
