As the world battles with soaring air temperatures that have engulfed multiple countries around the globe and are breaking century-long meteorological records in some of them, Bitcoin ( BTC ) miners are feeling the heat as well. Due to an extreme heatwave in Texas, the computing power needed to operate the powerful machines used for mining Bitcoin has dropped to its lowest levels since the Chinese government’s ban on cryptocurrency mining in May 2022, Bloomberg’s David Pan reported on July 21. Towering inferno for Bitcoin miners After the ban, Texas displaced China as one of the major Bitcoin mining hubs...