Mining devices #البيتكوين stop working in #البيتكوين :

Mining devices #أمريكا stop working in #أمريكا : A sharp drop in the mining rate (Hashrate) by nearly 40% over two days due to a snowstorm hitting the United States, forcing miners to turn off their devices to save electricity or because of rising energy costs amid fears they might have to sell their Bitcoin reserves to cover expenses.
This time, the story isn't "resignation" from miners because the price is down; it's a "force of nature" — a terrifying snowstorm in America that froze devices and put power grids on the edge.
Why does this news scare the market? Let's understand together.
America is the "big mine": About (1/3) of the world's Bitcoin mining is located in America. When it goes offline, the "network security" weakens temporarily, which gives a negative impression to investors.
The risk of forced selling: Miners have fixed expenses ((salaries, rents, debts)). If their devices stay offline and don't produce new Bitcoin, they will have to open the "piggy bank" and sell some of their stored Bitcoin to pay their bills. This creates a sudden "selling pressure" on the price.
Bad timing: The storm is coming, and Bitcoin is already struggling around the 90,000 level. Any new influx of miners could easily break the price downward.
What you need to understand, my sad trader friend 🥸:
"The snow froze the mining devices" — miners in America are now caught between two fires: the cold and expensive electricity, and the ongoing expenses. If this storm lasts long, we might see a "Bitcoin dump" in the market from miners to cover their losses, which will cause a quick price drop. Watch the "Hashrate": if it starts to rise again, it means the storm has subsided and miners are back to work. If it continues to fall, it indicates a "strong sell-off" is coming from the mining community. Stay alert!