Hello crypto readers,today we're going to update whats happening in the crypto world
• Bitcoin miners stopped their machines
• Montana,South Dakota and Wyoming have already seen Wind chills below minus 50 degrees Fahrenheit in the past days
We do not deal well with these variations,many miners turned off their machines because everything is frozen even the price of bitcoin.
Blizzard in the US,what would make bitcoin miners turn of the machines? Because of the extreme cold that has been happening in the recent days ,the population starts to user more energy,and we all know that miners look for energy at the lowest possible cost,so there is no energy left over or in the price of electricity.
Soon these same miners tend to Go to another place where electricity is cheaper and where the climate can cooperate more.
If you Just entered this universe cryptographic, don't worry, the bitcoin network regulates itself,If the wole US freezes,people in other parts of the words start mining bitcoin to compensate for those who stopped, bitcoin does not depend on geographic location to continue.
Obviously of course we don't wan't that but it's just a way to see how the bitcoin network Works.
my sincere condolences to everyone affected by this blizzard.
If you want to go beyond the tip, I'll leave the reference link of my favorite bitcoin Faucet where you make your account and log in every hour to solve a captcha in exchange for BITCOIN satoshi, thanks for Reading this Far, have a great journey through the universe cryptographic.
https://yescoiner.com/?ref=3278093
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