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Recently, I noticed something interesting in Bitcoin metrics: the hash rate plummeted nearly 20% last week due to the extreme weather conditions that hit the United States. It dropped to an average of 835 EH/s, with a low of 690 EH/s, which was quite drastic.
Obviously, the price also felt the impact, falling 4.45% to hover around $88,735. There was quite a bit of volatility between $83,216 and $91,147 that week.
The interesting part is that while all this was happening, Cango Inc., the miner listed on the NYSE, reported mining 115.4 BTC during that period. They now hold around 7,758 BTC. It's interesting to see how some operations manage to maintain production even when extreme weather hits the network. The ticker symbol is CANG if anyone wants to keep a close eye on their movements.