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This Week's Top Mining News: U.S.-listed mining company Abits Group raises $2.1 million through a rights offering (Bitcoin); mining company IREN to be included in the MSCI U.S. Index (Bitcoin)
Svmuu News, Week 9 of 2026 (February 20–27): 1.According to Cloverpool, the network-wide average hash rate for Bitcoin was 1,055 EH/s, with a peak of 1,184 EH/s and a low of 854 EH/s, representing a 0.89% increase from last week’s average hash rate (1,045 EH/s).2. According to blockchain.com, the average price of Bitcoin was $68,046, with a high of $70,020 and a low of $62,534.61, marking a 1.9% decrease from last week’s average price ($68,046).3. Notable mining industry news includes: (1) Abits Group, a mining company listed on the U.S. stock market (Bitcoin), raised $2.1 million through a rights offering; (2) Hive, a mining company listed on the Bitcoin, reported a 219% year-over-year increase in revenue but posted a net loss of $91 million due to accelerated depreciation;(3) Mining firm IREN (Bitcoin) will be included in the MSCI U.S. Index; Data partner: Cango Inc. (CANG), a mining company listed on the NYSE (Bitcoin).
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