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This weeks mining data highlights: Bitcoin price hits a new high; Canggu holds its second shareholders meeting to focus on computing power + energy
Odaily News Week 29, 2025 (July 11-July 17):
1. According to cloverpool, the average computing power of the entire Bitcoin network is 895 EH/s, the highest is 1029 EH/s, and the lowest is 822 EH/s, which is a decrease of 2.38% from the average computing power last week (917 EH/s).
2. According to cloverpool, the block height is 905,184 and the block time is 12:42:34 on July 12. The average block time is 10 minutes and 8 seconds. The mining difficulty is 126.27 T, which is 7.96% higher than the previous adjustment cycle.
3. According to blockchain.com, the average price of Bitcoin was $118,068, with a maximum of $113,231 and a minimum of $115,212, up 8.22% from last weeks average price ($109,096).
4. Mining news worth noting include:
(1) Cangu held its second special shareholders meeting to complete the transformation of Bitcoin assets and go all in on the strategic direction of “computing power + energy”;
(2) Antalpha, a Bitcoin mining ecosystem financial technology platform, announced the appointment of Derar Islim as Chief Operating Officer (COO) and CEO of the Americas and EMEA regions;
(3) France plans to use surplus nuclear power for Bitcoin mining;
(4) Kazakhstan hopes to establish a national crypto asset reserve to store confiscated digital assets. If companies mine on behalf of the state, some assets can be included in the reserve through taxation or other means;
(5) BTC Digital strategically shifted to Ethereum and no longer held Bitcoin, and completed a $6 million financing.
Data partner: Cango Inc. (CANG), a Bitcoin mining company listed on the New York Stock Exchange.
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