This week's top mining news: Bitcoin miners' cost line breached, selling pressure may become a short-term variable

BTC-0,26%

Odaily Planet Daily Report for Week 6 of 2026 (January 30 - February 5):

  1. According to cloverpool, the average hash rate of the Bitcoin network is 912 EH/s, with a peak of 1000 EH/s and a low of 831 EH/s, up 9.28% from last week’s average hash rate of 835 EH/s.

  2. According to blockchain.com, the average price of Bitcoin is $78,781, with a high of $84,599 and a low of $62,182, down 11.22% from last week’s average price of $88,735.

  3. Notable mining industry news:

(1) Some S21 series miners and Shima miners have reached shutdown prices;

(2) Bitcoin miner cost line has been breached, and selling pressure may become a short-term variable;

(3) Bitcoin mining company Cango released its January monthly report, with a total Bitcoin holding of 7,474.6 coins.

Data partner: Cango Inc. (CANG), a Bitcoin mining company listed on the NYSE, Cangu.

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