Texas bitcoin mining faced a challenging June 2025 due to intense heatwaves, power curtailments driven by the state's 4CP program, and devastating floods. These factors led to significant declines in bitcoin production for major mining companies like Riot Platforms, Marathon Digital, and Cipher Mining, with drops ranging from 7% to 25%. The curtailments were largely voluntary, as miners sought to avoid high energy costs and support grid stability during peak demand. The challenges also impacted the broader Bitcoin network, causing a drop in global hashrate. However, some companies like CleanSpark bucked the trend, increasing their bitcoin production, and new companies continue to enter the market, signaling continued interest in bitcoin mining.
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