Texas bitcoin mining operations faced a challenging June 2025 due to heatwaves, power curtailments, and severe flooding. Major mining companies like Riot Platforms, Marathon Digital, and Cipher Mining experienced a decline in bitcoin production, ranging from 7% to 25%, primarily due to voluntary power reductions under Texas's grid management programs and the devastating floods. The widespread disruption caused a drop in the global Bitcoin hashrate, signaling potential instability. Despite the overall downturn, CleanSpark saw an increase in its bitcoin production, and new companies are still entering the mining market.
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