Odaily Planet Daily News, Week 42, 2025 (October 3-9):
1. According to cloverpool, the average computing power of the entire Bitcoin network is 1012 EH/s, with a maximum of 1117 EH/s and a minimum of 885 EH/s, a decrease of 4.57% from the average computing power last week (1061 EH/s).
2. According to blockchain.com, the average price of Bitcoin was $122,630, with a maximum of $126,296 and a minimum of $119,328, up 8.98% from last week's average price ($112,523).
3. Important mining news worth noting include:
(1) Bitcoin mining company IREN announced the completion of the pricing of $875 million of convertible senior bonds with a coupon rate of 0.00% and due in 2031;
(2) JPMorgan Chase: The total market value of 14 US-listed Bitcoin mining companies reached US$56 billion in September, a record high.
Data partner: Cango Inc. (CANG), a Bitcoin mining company listed on the New York Stock Exchange.
