星球日报|Oct 31, 2025 04:03
**[Weekly Mining Data Highlights: Riot Achieves $104.5 Million Net Profit in Q3]**
Odaily Planet Daily News - Week 43 of 2025 (October 24 - October 30):
1. According to (blockchain.com), Bitcoin's average price was $112,055, with a high of $116,410 and a low of $106,279, marking a 3.59% increase compared to last week's average price ($108,171).
2. Noteworthy mining news includes:
(1) Riot achieved a net profit of $104.5 million in Q3, with record-breaking revenue reversing the previous quarter's losses;
(2) Phoenix Group released its Q3 report, holding 682 BTC and 642,000 SOL;
(3) Canaan Technology announced a 4.5MW contract in Japan, deploying its Avalon water-cooled Bitcoin mining machines;
(4) Bitdeer’s Bitcoin holdings surpassed 2,180 BTC, with last week's mining output reaching 123.4 BTC.
Data partner: NYSE-listed Bitcoin mining company Cango Inc. (CANG).
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