**[Weekly Mining Data Highlights: Bitcoin Hits a Low of $108,670, Weekly Average Price Drops 2.79%; Network Hashrate Increases 4.71%]**
Odaily Planet Daily Report - Week 35 of 2025 (August 22 - August 29):
1. According to Cloverpool, Bitcoin's average network hashrate reached 978 EH/s, with a peak of 1057 EH/s and a low of 909 EH/s, representing a 4.71% increase compared to last week's average hashrate (934 EH/s).
2. According to Blockchain.com, Bitcoin's average price was $113,048, with a high of $117,417 and a low of $108,670, marking a 2.79% decrease 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) Publicly listed Bitcoin mining company Hyperscale Data will retain all mined BTC and cease selling its mining output.
**Data Partner:** NYSE-listed Bitcoin mining company Cango Inc. (CANG).