A winter storm sweeps across the continental United States, causing Bitcoin mining companies to face operational restrictions and a significant decline in output

According to Cointelegraph, the latest data shows that the impact of the winter storm in January on Bitcoin mining operations in the United States has become more pronounced.

The data indicates that during the storm, the daily output of publicly listed mining companies significantly decreased. The storm swept across much of the continental United States, forcing miners to scale back operations under pressure from the power grid, snow accumulation, ice, and extreme cold weather, highlighting the close relationship between mining activities and the state of the energy market.

Data shared by CryptoQuant's research director Julio Moreno shows that in the weeks leading up to the storm, the daily output of publicly listed mining companies tracked by CryptoQuant typically ranged between 70 to 90 Bitcoins, while during the peak of the storm, this number dropped to about 30 to 40 Bitcoins per day.