While the ongoing snow storms in the US have caused many problems across the country, it seems to have made Bitcoin miners’ jobs easier. Because the difficulty of Bitcoin mining because of the storms 30 percent drastically decreased.

bitcoin difficulty of miningIt is measured by a value called Hashrate. The hashrate difficulty, which was 230 EH/s before the storm, dropped from 230 EH/s to 155 EH/s. This means that systems can decode hashrates more easily.

What is hash rate? What does it have to do with Bitcoin mining?

hash rate or hashrate, called hash power, is how many guesses are needed per second. Normally, each new Bitcoin blog appears every 10 minutes or so. To maintain this balance, depending on the number of miners, drop hashrate or rises. The more miners there are, the higher the hashrate.

According to CoinMetrics data, 230,000,000,000,000,000,000 (230 trillion), this figure dropped to 155,000,000,000,000,000,000 (155 trillion) after the storm. As the miners who found the hash value earned themselves Bitcoin, miners’ chances of making a profit increased at a similar rate.

The US National Weather Service recently issued a warning regarding the blizzard, which left many areas of the US without power and killed 22 people so far. After this warning, miners in the US cessation of its activitiessome miners were also immediately without electricity.