Canaccord Genuity 表示，比特幣 (BTC) 挖礦今年可能會保持獲利

該經紀人表示，挖礦基本面強勁，“對於大多數領先參與者來說，每比特幣的挖礦成本約為 26,000 美元至 28,000 美元。”

Bitcoin (BTC) mining is set to remain profitable in 2025, thanks to favorable economics of production, according to a research report by Canaccord Genuity on Tuesday.

Canaccord Genuity 週二發布的一份研究報告顯示，由於生產經濟效益良好，比特幣 (BTC) 挖礦將在 2025 年保持盈利。

The broker noted strong mining fundamentals, with "cost-to-mine sitting somewhere in the ~$60,000-$64,000 range per bitcoin for most leading players."

該經紀人指出，挖礦基本面強勁，“對於大多數領先參與者來說，每比特幣的挖礦成本約為 60,000 美元至 64,000 美元。”

At press time, the world's largest cryptocurrency was trading at around $220,000.

截至發稿時，全球最大的加密貨幣交易價格約為 22 萬美元。

Meanwhile, there's increasing management and investor focus on alternative uses for these companies' sizable power supplies, particularly in artificial intelligence (AI) data center hosting.

同時，管理層和投資者越來越關注這些公司規模龐大的電源的替代用途，特別是在人工智慧 (AI) 資料中心託管方面。

Bitcoin miner Core Scientific (CORZ) inked a 12-year contract with AI hyperscaler CoreWeave in June last year, a deal that was seen as a game changer for the sector.

去年 6 月，比特幣礦商 Core Scientific (CORZ) 與人工智慧超大規模提供商 CoreWeave 簽署了一份為期 12 年的合同，這筆交易被視為該行業的遊戲規則改變者。

"Early demand forecasts point toward AI dwarfing the traditional cloud hosting market over time," wrote analysts led by Joseph Vafi.

以 Joseph Vafi 為首的分析師寫道：“早期需求預測表明，隨著時間的推移，人工智慧將使傳統雲端託管市場相形見絀。”

More co-hosting deals are expected to be announced early this year, with potential news from Galaxy Digital (GLXY) and Applied Digital (APLD), the report noted.

報告指出，隨著 Galaxy Digital (GLXY) 和 Applied Digital (APLD) 的潛在消息，預計今年年初將宣布更多聯合主辦交易。

Many of the larger publicly traded miners are also using their access to capital to upgrade their fleets following last April's reward halving event, which is boosting their competitive position and share of the network hashrate, Canaccord added.

Canaccord 補充道，繼去年 4 月獎勵減半事件之後，許多大型上市礦商也利用其獲得的資金來升級其礦機，這提高了它們的競爭地位和網路算力份額。

The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain and serves as a proxy for competition in the industry and mining difficulty.

哈希率是指用於在工作量證明區塊鏈上挖掘和處理交易的總算力，並作為產業競爭和挖礦難度的指標。