This Week's Top Mining News: Bitcoin Mining firms have sold over 15,000 BTC since last October; Morgan Stanley provides a $500 million loan to Bitcoin mining firm Core Scientific
Svmuu News, Week 10 of 2026 (February 27–March 5): 1.According to Cloverpool, the network-wide average hash rate for Bitcoin was 1,025 EH/s, with a peak of 1,193 EH/s and a low of 933 EH/s, down 2.9% from last week’s average (1,055 EH/s).2. According to blockchain.com, the average price of Bitcoin was $67,986, with a high of $74,100 and a low of $63,019, representing a 1.8% increase from last week’s average price ($66,740). 3. Notable mining news includes: (1) Bitcoin Mining firms have sold over 15,000 BTC since last October, signaling a shift in the industry’s coin-holding strategy; (2) Bitcoin Mining firm TeraWulf reports a 20% revenue increase in 2025, with net losses widening to $661 million, accelerating its transition to AI and HPC businesses;(3) Morgan Stanley provided a $500 million loan to Core Scientific (Bitcoin). Data partner: Cango Inc. (CANG), a mining company listed on the NYSE (Bitcoin).
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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