Mining News of the Week: Cango CEO Paul In Exclusive Interview Reveals Future Development Focus on Green Power and HPC

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Mining News of the Week: Cango CEO Paul In Exclusive Interview Reveals Future Development Focus on Green Power and HPC

08-01 04:01

Odaily Planet Daily News, Week 31, 2025 (July 25-31):

1. According to cloverpool, the average computing power of the entire Bitcoin network is 902 EH/s, with a maximum of 1004 EH/s and a minimum of 710 EH/s, a decrease of 1.48% from the average computing power last week (916 EH/s).

2. According to blockchain.com, the average price of Bitcoin was $118,171, with a maximum of $119,839 and a minimum of $115,500, down 0.19% from last week's average price ($118,394).

3. Important mining news worth noting include:

(1) In an interview, Paul, CEO of Cango, revealed that the company will develop in the direction of green electricity and HPC in the future.

(2) Mining company Argo Blockchain received a delisting notice from Nasdaq due to its low stock price;

(3) Bitdeer disclosed that it produced 63.1 BTC in the past week, and its total Bitcoin holdings increased to 1,637.8;

(4) The privacy coin Monero faces the possibility of its network being taken over by the mining pool Qubic.

Data partner: Cango Inc. (CANG), a Bitcoin mining company listed on the New York Stock Exchange.

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