This week's mining data highlights: Bitcoin price hits a new high; Canggu holds its second shareholders' meeting to focus on computing power + energy

Odaily Planet Daily News, Week 29, 2025 (July 11-July 17): 1. According to cloverpool, the average computing power of the entire Bitcoin network is 895 EH/s, with a maximum of 1029 EH/s and a minimum of 822 EH/s, which is 2.38% lower than the average computing power last week (917 EH/s). 2. According to cloverpool, the block height 905,184 was produced at 12:42:34 on July 12, with an average block production time of 10 minutes and 8 seconds, and the mining difficulty is 126.27 T, which is 7.96% higher than the previous adjustment cycle. 3. According to blockchain.com, the average price of Bitcoin is US$118,068, with a maximum of US$113,231 and a minimum of US$115,212, which is 8.22% higher than the average price last week (US$109,096). 4. Mining news worth noting include: (1) Cango held its second special shareholders' meeting to complete the transformation of Bitcoin assets and all-in the strategic direction of "computing power + energy"; (2) Antalpha, a Bitcoin mining ecosystem financial technology platform, announced the appointment of Derar Islim as the company's Chief Operating Officer (COO) and CEO of the Americas and EMEA regions; (3) France plans to use surplus nuclear power for Bitcoin mining; (4) Kazakhstan hopes to establish a national crypto asset reserve to store confiscated digital assets. If companies mine on behalf of the country, some assets can be included in the reserve through taxation and other forms; (5) BTC Digital strategically shifted to Ethereum and no longer held Bitcoin, and completed a $6 million financing. Data partner: Cango Inc. (CANG), a Bitcoin mining company listed on the New York Stock Exchange.