Foundry Zcash Pool Launches with Multiple Institutional Zcash Miners and ~30% of Network Hashrate - Business Wire

Bitcoin’s network hashrate has climbed to a seven-month high despite major publicly traded miners shifting capacity toward artificial intelligence, suggesting other operators are replacing lost computing power and intensifying competition among remaining network miners. According to BlocksBridge Consulting’s latest Miner Weekly newsletter, Bitcoin’s seven-day average hashrate has recovered above 1 zettahash per second (ZH/s), equivalent to 1,000 exahashes per second (EH/s), its highest level since March 3. Hashrate measures the computing power securing the Bitcoin network. The recovery suggests that miners still operating on the network are seeing little relief from competition, despite the industry’s ongoing transition to AI workloads. Bitcoin’s mining difficulty increased 5.92% on Oct. 16, with BlocksBridge projecting another 5.16% increase at the next adjustment. If the estimate holds, difficulty will have risen roughly 11.4% across two consecutive adjustments. “That’s hardly the breathing room remaining miners might have expected from the AI migration,” BlocksBridge wrote, referring to the growing competition facing operators that have continued mining Bitcoin.

Bitcoin’s rising hashrate represents an “indirect bullish signal” from institutional investors that are backing several public Bitcoin miners, according to analytics platform CryptoQuant’s founder and CEO, Ki Young Ju. “Higher hashrate means stronger security and better fundamentals as a store of value,” wrote Ju in a Thursday X post, adding that he sees this as a bullish signal since public miners are largely backed by traditional finance (TradFi) institutions. Hashrate is a measure of the computational power of a blockchain network, indicating how many hash calculations are performed per second. Bitcoin’s (BTC) hashrate has recovered by about 45% from the summer’s lows, from about 726 exahashes per second (EH/s) in July to roughly 1,050 EH/s on Wednesday, according to CryptoQuant data. The recovery is seen by Ju as an institutional endorsement of Bitcoin’s security and long-term value as well as generally seen as a sign of confidence from BTC miners. Still, global hashrate remained below its peak of 1,305 EH/s clocked in October 2025, when Bitcoin’s price was trading above $111,000. It was last trading at roughly $81,843 as Thursday’s US equities markets opened.

Canada holds a competitive advantage in Asian LNG markets, benefiting from shorter shipping routes, abundant natural gas, and lower-emission projects. Canada is set to reach 33 million tonnes of annual LNG export capacity by 2030, following LNG Canada's Phase 2 expansion and the addition of Cedar LNG and Woodfibre.

AtlanticNova ScotiaNew BrunswickPrince Edward Island Newfoundland and LabradorCalgaryLethbridgeKitchenerGuelphNorthern OntarioSudburyNorth BaySault Ste. MarieTimminsOttawaKingstonBrockvillePembrokeReginaYorktonSaskatoonPrince AlbertTorontoWatchWeatherPeelHamiltonDurhamYorkHaltonNiagaraQueen's ParkToronto City HallIn PicturesVancouverVancouver IslandCanadaLocal SpotlightRoyal FamilyPoliticsNanosPower PlayQuestion PeriodFederal Election 2025WorldMideast ConflictRussia-Ukraine WarWatchLatestCaptured on CameraPoliticsLifestyleConsumerHealthExplainedEntertainmentTechnologyDeception DecodedAutosEnvironmentBusinessInflationReal EstateAutos

ManitobaA Springfield farmer's decision to plant less wheat in favour of crops like soybeans is paying off with a bumper crop. Fields are yielding up to 60 bushels per acreJura McIlraith · CBC News · Posted: Oct 22, 2026 6:00 AM EDT | Last Updated: 7 hours agoListen to this articleEstimated 3 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Manitoba farmer Andrew James decided to plant more soybeans this year, and that has paid off with a bumper crop. (Jura McIlraith/CBC)A Springfield farmer's decision to plant less wheat in favour of crops like soybeans is paying off with a bumper crop. Heavy rain, variable weather and high fuel costs created a worrisome season for Manitoba farmers, but things have worked out for some. For Andrew James, who farms in the rural municipality of Springfield east of Winnipeg, that's looking like average soybean yields of more than 60 bushels an acre. That is "absolutely exceptional," he said Friday. "As a farmer, I'm not budgeting those yields. I'm budgeting like 45. So, to get a bump like that is absolutely awesome.

The use of weight loss drugs, known as GLP-1s, has increased in popularity in recent yearsBeauty giant L'Oreal says the rise of weight loss drugs has affected beauty and skin care sales, as it designs products to specifically target some side effects of rapid weight loss. The company's head Nicolas Hieronimus said the beauty market was proving resilient in a challenging global context, and that the use of GLP-1s was "a very important phenomenon for us". He told an investor call that the rise in their use was "having an impact on beauty consumption and skin care consumption in particular". L'Oreal, which owns other popular brands including Maybelline and La Roche-Posay, announced on Thursday that sales in the three months to September rose by 7.7%, above analyst expectations. The use of GLP-1s has boomed in popularity in recent years, after drugs developed to treat diabetes such as Ozempic, Wegovy and Mounjaro were found to also lead to significant weight loss because they supress the appetite. While it is not caused by GLP-1 drugs directly, rapid weight loss can, for some people, come with a side effect of loose skin - including around the face.