The miner produced only 147 BTC in December, compared to 198 BTC in November, because of the snow blizzard that hit Texas.
The bitcoin mining giant – Argo Blockchain – mined 147 BTC in December, roughly 25% less than the production levels registered in November.
“While our mining results for December were lower than anticipated, the primary driver was the winter storm which led us to curtail operations at Helios. We made this decision in order to not only reduce power usage on the grid, but also to prioritize the needs of the local community and safety of our Helios employees.
The Lone Star State, which rarely experiences cold weather, saw temperatures falling below freezing around the Christmas holidays. The local power grid struggled to cope with the challenge, and the US Department of Energy declared an energy emergency in the region. The climate stabilized in the following days, meaning that domestic BTC miners could restore their previous production capacity.
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