Odaily Odaily News, Week 36, 2025 (August 30-September 4):
1. According to cloverpool, the average computing power of the entire Bitcoin network is 973 EH/s, with a maximum of 1064 EH/s and a minimum of 851 EH/s, a decrease of -0.54% from the average computing power last week (978 EH/s).
2. According to blockchain.com, the average price of Bitcoin was $110,023, with a maximum of $112,643 and a minimum of $107,250, a decrease of 2.68% from last week's average price ($113,048).
3. Important mining news worth noting include:
(1) American Bitcoin was listed on the U.S. stock market and expanded its Bitcoin mining business from 10 EH/s to 24 EH/s;
(2) JPMorgan Chase: The total market capitalization of 13 US-listed Bitcoin mining companies hit a record high in August, up 23% month-on-month;
(3) Cango released its Q2 financial report, with strong revenue and profit performance. The book losses from two one-time accounting adjustments were not actual business losses. The company is targeting the high-value scenario of "AI computing power and energy synergy" in the long term.
Data partner: Cango Inc. (CANG), a Bitcoin mining company listed on the New York Stock Exchange.
