This week the air in Texas has warmed up to 40 degrees Celsius. Due to the extreme heat, mining companies were forced to turn off the equipment.
According to Bloomberg, the giants Argo and Riot have suspended the work of their miners. According to the head of the Texas Blockchain Association, Lee Bratcher, the companies turned off the equipment to reduce the load on the state's power grid.
Abnormal heat is expected throughout Texas, at least until the end of this week.
Last Friday, the state's power consumption reached a record high of 78,206 MW, as temperatures soared to 37 degrees. This week it will exceed 40 degrees, weather forecasters predict.
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The Texas Power Supply Council (ERCOT) monitors the work of miners and forces companies to turn off some equipment if there are risks to the region's power system and the supply of social facilities.
Bitcoin hashrate has been falling since the beginning of July.
The suspension of Argo and Riot equipment in Texas was one of the reasons for the reduction in computing power.
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The network hashrate dropped to 204 EH/s on July 12.