Key Takeaways On June 30, the Energy Department issued emergency orders to the PJM grid to prevent blackouts. High power prices forced Bitcoin miners to curtail operations, cutting global hashrate. Investors are tracking PJM grid data and hashrate trends ahead of a mid-July heat wave from July 14–19. High Prices Trigger Miner Curtailments A record-setting heat dome that recently blanketed the eastern United States and forced the U.S. Department of Energy to issue emergency orders put the heat on bitcoin miners operating within or drawing power from the regions affected by the directive. The department’s directive authorized the PJM Interconnection …
Bitcoin
Crypto
Is XRP heading above $10 or is there something else to the story? Ripple’s cross-border token is among the most polarizing, often being the …
Vitalik Buterin says almost every major piece of Ethereum will be replaced over the next three to four years: the cryptography, the execution engine, the …
