According to Cointelegraph, multiple bitcoin miners reported a drop in bitcoin production in June, mainly due to power restrictions in Texas. The Texas Electric Reliability Council launched the 4CP (Four Coincident Peak) program to optimize power distribution and reduce system costs by managing peak demand on the grid during four key months of summer (June, July, August, and September). Among them:
Riot Platforms mined 450 bitcoins in June, down 12% from 514 in May.
MARA Holdings saw a 25% drop in production in June, with mining producing 211 bitcoins, down from 282 in May.
Due to the launch of a power management plan in Texas, the output of several mining companies fell in June
2025-07-04 03:40:54
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