This week's top mining news highlights: Ethiopia explores Bitcoin mining strategies; Two independent miners each produce a block and receive approximately $300,000 in rewards.

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Odaily Odaily News, Week 4 of 2026 (January 16 - January 22):

1. According to Cloverpool, the average hashrate of the Bitcoin network is 1039 EH/s, with a high of 1164 EH/s and a low of 947 EH/s, up 3.4% from the average hashrate of last week (1005 EH/s).

2. According to blockchain.com, the average price of Bitcoin was $92,872, with a high of $95,830 and a low of $87,156, up 0.61% from the average price of the previous week ($92,312).

3. Notable mining news includes:

(1) Ethiopia seeks partners to explore Bitcoin mining strategies;

(2) Two independent miners each produced blocks this week and received approximately $300,000 in rewards;

(3) NIP Group disclosed that the initial Bitcoin mining operation produced 151.4 BTC;

(4) Bitdeer sold 146.8 BTC this week, reducing its Bitcoin holdings to approximately 1502 BTC;

Data partner: Cango Inc. (CANG), a NYSE-listed Bitcoin mining company.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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