The Bitcoin network's average hash rate surged by 8.39% to 1,080 EH/s during the week of October 10-16, 2025, according to AiCoin data. Despite this increase in mining activity, Bitcoin's average price fell by 6.35% to $114,838 over the same period.
In related mining developments, Canaan Inc. announced the termination of its ADR program and plans to list its common shares on the NYSE. Bitmain reported producing 92 BTC in September, boosting its total holdings to 1,582 BTC. Additionally, Tianci has signed an agreement with BTC Digital to invest $5 million in mining equipment.
Bitcoin Hash Rate Climbs 8.39% Amid Price Decline
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