It's fascinating watching Bitcoin respond to both the crashing price and the winter storm in the US.
You can clearly see a major but very short term deviation in hashrate to the downside during the days the US was dealing with the bitter cold. Miner curtailment, helping to stabilize the grid against power outages, likely reduced how many people lost power and saved lives.
Now that the worst of the winter storm is over, curtailment is ending and mining is resuming. It is also interesting to see the overall hashrate decline much more modestly since the October high, in the prices on the open market, while the price fell 50% typical hashrate has only reduced by what looks like 15%.
This shows the resiliency of the heartbeat of the Bitcoin network, that things are working just fine and IMO the price will most likely recover and each new a ATH before long.
