Odaily Planet Daily Report for Week 9 of 2026 (February 20 - February 27):
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According to Cloverpool, the average hash rate of the Bitcoin network is 1055 EH/s, with a peak of 1184 EH/s and a low of 854 EH/s, up 0.89% from last week’s average hash rate of 1045 EH/s.
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According to blockchain.com, the average price of Bitcoin is $68,046, with a high of $70,020 and a low of $62,534.61, down 1.9% from last week’s average price of $68,046.
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Notable mining industry news:
(1) U.S. listed Bitcoin mining company Abits Group raised $2.1 million through a rights offering;
(2) Bitcoin miner Hive’s revenue increased by 219% year-over-year, but net loss was $91 million due to accelerated depreciation;
(3) Bitcoin miner IREN will be included in the MSCI US Index;
Data partner: Cango Inc. (CANG), a Nasdaq-listed Bitcoin mining company.
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