CoinWorld news, Week 35 of 2025 (August 22 - August 29): 1. According to Cloverpool, the average Bitcoin network hash rate is 978 EH/s, with a maximum of 1057 EH/s and a minimum of 909 EH/s, which is an increase of 4.71% compared to last week's average hash rate (934 EH/s). 2. According to blockchain.com, the average price of Bitcoin is $113,048, with a maximum of $117,417 and a minimum of $108,670, which is a decrease of 2.79% compared to last week's average price ($116,297). 3. Noteworthy mining news includes: (1) Coinbase is becoming the preferred lending institution for Bitcoin mining companies; (2) Bitcoin mining company Hut 8 has launched a $1 billion financing plan; (3) The publicly listed Bitcoin mining company Hyperscale Data will retain all mined BTC and will no longer sell; Data partner: NYSE-listed Bitcoin mining company Cango Inc. (CANG) and CanGu.
