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- 10:59HIVE Digital mining power reaches 23 EH/s, with its bitcoin output providing funding for AI transformationChainCatcher reported that HIVE Digital Technologies (HIVE) stated that as it ramps up production to generate revenue and fund the expansion of its artificial intelligence (AI) computing infrastructure, its bitcoin mining hashrate has reached 23 EH/s. HIVE's mining hashrate has grown by 283% this year and is expected to reach 25 EH/s by the end of this month, thanks to the full deployment of hardware at its 100 MW hydroelectric park in Paraguay, which is powered by the Itaipu hydroelectric plant. In May, HIVE's mining hashrate had already reached 10 EH/s. Meanwhile, HIVE is converting some of its bitcoin mining facilities into liquid-cooled data centers suitable for AI. The company stated that after additional facilities in Toronto and Sweden are completed, its total number of GPUs is expected to increase from about 5,000 currently to 36,000 by the end of 2026. Data shows that HIVE currently holds about 2,201 bitcoins in its treasury, making it the 34th largest digital asset treasury company. .
- 10:47Weekly trading volume of the decentralized contract exchange Sun Wukong increased by 30% week-on-weekAccording to ChainCatcher, citing official social media sources, the world's first Chinese decentralized contract exchange, Sun Wukong, recorded a trading volume of over 710 million USDT last week, representing a 30% week-on-week increase. The platform's cumulative trading volume has now surpassed 3.5 billion USDT. In addition, more than 2,100 new users joined yesterday, a 136% increase compared to the previous period. On the afternoon of November 3, Sun Wukong held a community AMA, focusing on discussions around the project's name and narrative. The project community spokesperson stated that Sun Wukong is an Eastern cultural symbol representing "unyielding spirit, courage to challenge, and rebirth against the odds." As the project's name, it aligns with the decentralized freedom and rebellious spirit, while also strengthening the community's emotional identity.
- 10:46Bitcoin mining company Cango produced approximately 602.6 bitcoins in October, with total holdings reaching 6,412.6 bitcoins.Jinse Finance reported that crypto mining company Cango released its October production and mining update. This month, Cango mined a total of 602.6 bitcoins, bringing its total bitcoin holdings to 6,412.6.