This week's selected mining data news: Bitcoin price hits a new high; Canaan holds its second shareholders' meeting focusing on hashrate + energy direction.

CoinWorld news, Week 29 of 2025 (July 11 - July 17):
1. According to cloverpool, the average Bitcoin network hashrate is 895 EH/s, with a maximum of 1029 EH/s and a minimum of 822 EH/s, a decrease of 2.38% compared to last week's average hashrate (917 EH/s).
2. According to cloverpool, block height 905,184 was mined at 12:42:34 on July 12, with an average block time of 10 minutes and 8 seconds, and mining difficulty at 126.27 T, an increase of 7.96% compared to the last adjustment period.
3. According to blockchain.com, the average price of Bitcoin is $118,068, with a maximum of $113,231 and a minimum of $115,212, an increase of 8.22% compared to last week's average price ($109,096).
4. Notable news in the mining industry includes:
(1) Canaan held its second special shareholders' meeting, completing the transformation of Bitcoin assets and committing to an all-in strategy of 'hashrate + energy';
(2) Bitcoin mining ecosystem fintech platform Antalpha announced the appointment of Derar Islim as the Chief Operating Officer (COO) and CEO for the Americas and EMEA regions;
(3) France plans to use surplus nuclear power for Bitcoin mining;
(4) Kazakhstan aims to establish a national crypto asset reserve for confiscated digital assets, with some assets potentially included in the reserve through taxation if companies mine on behalf of the state;
(5) BTC Digital is shifting its strategy to Ethereum and will no longer hold Bitcoin, having completed a $6 million financing.
Data partner: NYSE-listed Bitcoin mining company Cango Inc. (CANG) Canaan.