This week's mining data highlights: Bitcoin price hits a new high; Canggu holds its second shareholders' meeting to focus on computing power + energy
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Planet News: In the 29th week of 2025 (July 11-17): 1. According to Cloverpool, the average Bitcoin network hash rate is 895 EH/s, with a maximum of 1029 EH/s and a minimum of 822 EH/s, a 2.38% decrease from the previous week's average hash rate (917 EH/s). 2. According to Cloverpool, block height 905,184 was mined on July 12 at 12:42:34, with an average block time of 10 minutes and 8 seconds, and a mining difficulty of 126.27 T, a 7.96% increase from the previous adjustment period. 3. According to Blockchain.com, the average Bitcoin price is $118,068, with a high of $113,231 and a low of $115,212, an 8.22% increase from the previous week's average price ($109,096). 4. Notable mining news includes: (1) Cango held its second special shareholders' meeting, completing the Bitcoin asset transformation and focusing on the "computing power + energy" strategy; (2) Bitcoin mining ecosystem financial technology platform Antalpha announced the appointment of Derar Islim as Chief Operating Officer (COO) and CEO of the Americas and EMEA regions; (3) France plans to use nuclear power surplus for Bitcoin mining; (4) Kazakhstan hopes to establish a national crypto asset reserve to store confiscated digital assets, with potential for mining companies to contribute assets through taxation; (5) BTC Digital shifts strategy towards Ethereum, no longer holding Bitcoin, and completes $6 million in financing. Data collaboration partner: NYSE-listed Bitcoin mining company Cango Inc. (CANG).
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