Odaily Planet Daily News, Week 34, 2025 (August 15-21):

1. According to cloverpool, the average computing power of the entire Bitcoin network is 908 EH/s, with a maximum of 1042 EH/s and a minimum of 746 EH/s, a decrease of 5.88% from the average computing power last week (965 EH/s).

2. According to blockchain.com, the average price of Bitcoin was $116,297, with a maximum of $119,340 and a minimum of $111,964, down 2.18% from last week's average price ($118,888).

3. Important mining news worth noting include:

(1) Google increased its stake in Bitcoin mining company TeraWulf to 14%, becoming the company's largest shareholder;

(2) American Bitcoin, a mining company backed by the Trump family, plans to acquire companies in Asia to establish a Bitcoin treasury. It has begun contacting investors regarding potential acquisitions and is currently planning to acquire a listed company in Japan and may simultaneously enter the Hong Kong market.

(3) Thumzup plans to acquire Dogehash in an all-stock deal to develop Dogecoin and Litecoin mining operations.

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