Odaily Planet Daily News, Week 25, 2025 (June 13-June 19):
1. According to cloverpool, the average computing power of the entire Bitcoin network is 865 EH/s, the highest is 949 EH/s, and the lowest is 742 EH/s, which is 6.68% lower than the average computing power last week (927 EH/s).
2. According to cloverpool, the block height 901,152 was produced at 09:46:44 on June 14, with an average block production time of 10 minutes and 25 seconds, and the mining difficulty is 126.41 T, which is 0.45% lower than the previous adjustment cycle.
3. According to blockchain.com, the average price of Bitcoin is US$105,603, the highest is US$108,952, and the lowest is US$102,664, which is 0.99% lower than the average price last week (US$106,660).
4. Mining news worth noting include:
(1) Ivan Chebeskov, an official of the Russian Ministry of Finance, revealed that although cryptocurrency mining regulations have been issued by the end of 2024, 70% of mining companies are still not registered with the Federal Tax Service.
(2) Bitcoin mining company Bitdeer announced that it will issue $300 million in principal convertible senior notes due in 2031 to qualified institutional buyers through a private placement. The company also plans to grant the initial purchasers of the notes an option to purchase an additional $45 million in principal within 13 days of the initial issuance of the notes.
Data partner: Cango Inc. (CANG), a Bitcoin mining company listed on the New York Stock Exchange.