Odaily Planet Daily News, Week 26, 2025 (June 27-July 3):
1. According to cloverpool, the average computing power of the entire Bitcoin network is 860 EH/s, the highest is 995 EH/s, and the lowest is 723 EH/s, which is 3.77% higher than the average computing power last week (829 EH/s).
2. According to cloverpool, the block height 903,168 was produced at 13:23:16 on June 29, with an average block production time of 9 minutes and 26 seconds, and the mining difficulty is 116.96 T, which is 7.48% lower than the previous adjustment cycle.
3. According to blockchain.com, the average price of Bitcoin is US$107,356, the highest is US$110,590, and the lowest is US$105,120, which is 2.94% higher than the average price last week (US$104,287).
4. Mining news worth noting include:
(1) Bitcoin mining company Bit Digital raised $150 million to purchase ETH and will withdraw from BTC mining later;
(2) French listed company Crypto Blockchain Industries announced that it will implement a non-dilutive shareholder loan of up to 20 million euros (about 23.4 million US dollars), and the proceeds will be used to purchase Bitcoin and mining equipment.
(3) US listed company NIP Group (NASDAQ: NIPG) announced its entry into the Bitcoin mining field. NIP Group has signed a final asset purchase agreement to acquire cryptocurrency mining machines from Fortune Peak Limited and Apex Cyber Capital Limited for Bitcoin mining, with a total computing power of 3.11 EH/s and an estimated monthly output of about 60 Bitcoins. At present, NIP Group has established a dedicated digital computing department to manage the operation of the acquired products.
Data partner: Cango Inc. (CANG), a Bitcoin mining company listed on the New York Stock Exchange.