Mining data highlights this week: HCW reiterates Cangu buy rating, raising target price to $8
Source: Odaily
Time: 2025-09-12 14:40:08
Odaily Planet Daily News Week 37, 2025 (September 5-September 12): 1. According to cloverpool, the average computing power of Bitcoin across the entire network is 1045 EH/s, with a maximum of 1149 EH/s and a minimum of 946 EH/s, an increase of 7.53% from the average computing power last week (972 EH/s). 2. According to blockchain.com, the average price of Bitcoin is US$111,481, the highest is US$115,554, and the lowest is US$109,993, up 1.32% from the average price last week (US$110,022). 3. Mining news worth paying attention to: (1) American Bitcoin, a related Bitcoin mining company related to the Trump family, triggered a temporary suspension of volatility; (2) Cangu was optimistic by financial analysts of the US analytical agency HCW, which raised its target price to $8.00, and emphasized in its latest research report that Cango's strategic transformation to Bitcoin mining and its potential long-term growth prospects; (3) The S&P 500 refused to include Strategy in its main benchmark index. Data partner: Cango Inc. (CANG) Cangu, a Bitcoin mining company listed on the New York Stock Exchange.