Bitcoin Mining Weekly Digest: TeraWulf Completes $1.035B Equity Offering

Gate News message, April 24 — During the week of April 11-17, 2026, Bitcoin's network-wide average hash rate stood at 935 EH/s, down 4.43% from the previous week's 978.9 EH/s, with peaks reaching 1,064 EH/s and lows of 815 EH/s. Bitcoin's average price was $76,048.3, up 3.9% from the prior week's $68,863, with a high of $79,523 and low of $73,741.5.

Key mining developments included mining companies pivoting from Bitcoin to AI, with Keel and Hive stock prices rising. Alcoa announced plans to sell idle smelting facilities to NYDIG, accelerating Bitcoin miners' expansion into energy infrastructure. TeraWulf completed an equity offering raising approximately $1.035 billion, marking continued capital deployment in the sector. Data sourced from Cloverpool, blockchain.com, and Cango Inc. (CANG).