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This weeks mining data highlights: Bitcoin price hits a new high; Canggu holds its second shareholders meeting to focus on computing power + energy
Odaily News Week 29, 2025 (July 11-July 17):
1. According to cloverpool, the average computing power of the entire Bitcoin network is 895 EH/s, the highest is 1029 EH/s, and the lowest is 822 EH/s, which is a decrease of 2.38% from the average computing power last week (917 EH/s).
2. According to cloverpool, the block height is 905,184 and the block time is 12:42:34 on July 12. The average block time is 10 minutes and 8 seconds. The mining difficulty is 126.27 T, which is 7.96% higher than the previous adjustment cycle.
3. According to blockchain.com, the average price of Bitcoin was $118,068, with a maximum of $113,231 and a minimum of $115,212, up 8.22% from last weeks average price ($109,096).
4. Mining news worth noting include:
(1) Cangu held its second special shareholders meeting to complete the transformation of Bitcoin assets and go all in on the strategic direction of “computing power + energy”;
(2) Antalpha, a Bitcoin mining ecosystem financial technology platform, announced the appointment of Derar Islim as Chief Operating Officer (COO) and CEO of the Americas and EMEA regions;
(3) France plans to use surplus nuclear power for Bitcoin mining;
(4) Kazakhstan hopes to establish a national crypto asset reserve to store confiscated digital assets. If companies mine on behalf of the state, some assets can be included in the reserve through taxation or other means;
(5) BTC Digital strategically shifted to Ethereum and no longer held Bitcoin, and completed a $6 million financing.
Data partner: Cango Inc. (CANG), a Bitcoin mining company listed on the New York Stock Exchange.
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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.
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