比特幣（BTC）礦業股逆勢上漲，經歷上漲

比特幣（BTC）最近一直在橫盤整理，陷入狹窄的價格通道內——當然這並不是許多投資者所希望的令人興奮的增長。

Bitcoin (BTC) price action has been anything but exciting over the past few months, with the world’s largest cryptocurrency remaining stuck within a narrow price channel and showing little sign of breaking out either way.

過去幾個月，比特幣 (BTC) 的價格走勢一點也不令人興奮，全球最大的加密貨幣仍陷於狹窄的價格通道內，幾乎沒有任何突破的跡象。

However, while Bitcoin price may be boring investors, the same cannot be said for Bitcoin mining stocks, which are experiencing a pump that is defying the trend and making up for the lack of excitement in BTC price.

然而，雖然比特幣價格可能令投資者感到無聊，但比特幣礦業股卻並非如此，它們正在經歷逆勢上漲，彌補了比特幣價格缺乏興奮的情況。

According to a recent report by JP Morgan, nearly all of the 14 miners had performed better than Bitcoin in the first two weeks of June. Core Scientific was the leader, increasing 117%, while Bitcoin fell by over 3% in value during that same two week span.

根據摩根大通最近的報告，6 月前兩週，幾乎所有 14 家礦商的表現都比比特幣好。 Core Scientific 處於領先地位，上漲了 117%，而比特幣的價值在同一兩週內下跌了 3% 以上。

A key driver of the surge seems to be the prospect of diversification for mining companies. According to JP Morgan, the recent deal between Core Scientific (CORZ) and CoreWeave, an AI firm, sparked investor enthusiasm.

礦業公司多元化的前景似乎是這一成長的關鍵驅動力。摩根大通表示，Core Scientific (CORZ) 與人工智慧公司 CoreWeave 最近的交易激發了投資者的熱情。

This partnership suggests that the mining companies are exploring ways to generate revenue and expand beyond just mining Bitcoin, which could lead to more stable and attractive investment opportunities.

這種合作關係表明，礦業公司正在探索創造收入方式，並不僅僅局限於開採比特幣，這可能會帶來更穩定、更有吸引力的投資機會。

The report also highlighted that US-listed Bitcoin mining stocks reached a record total market cap of $22.8 billion in June, underscoring the growing investor interest in this sector.

該報告也強調，6 月在美國上市的比特幣礦業股總市值達到創紀錄的 228 億美元，突顯投資人對該產業的興趣日益濃厚。

"Mining stocks outperformed Bitcoin last week, spurred by Trump’s announcement of his intent to make the U.S. a mining powerhouse. Bitfarms led the charge with a 34% increase, followed by CleanSpark with a 19% gain," noted brn analyst Valentin Fournier.

brn 分析師Valentin Fournier 表示：「受川普宣布打算讓美國成為礦業強國的刺激，礦業股上週表現優於比特幣。Bitfarms 漲幅居前，漲幅達34%，CleanSpark 漲幅居前，漲幅達19 %。

"Over the past week, we observed a decrease in miners' reserves, along with declines in HashPrice (rewards for computing power) and Hashrate (computing power). This trend suggests that mining power is diminishing as older mining devices become unprofitable and are repurposed for other uses, such as AI," he noted.

「在過去的一周裡，我們觀察到礦工的儲備減少，同時HashPrice（計算能力獎勵）和Hashrate（計算能力）也下降。這一趨勢表明，隨著舊挖礦設備變得無利可圖並被重新利用，挖礦能力正在減弱。

Given this backdrop, here are some of the standout Bitcoin mining stocks that are surging despite the lack of excitement in BTC price.

在這種背景下，以下是一些出色的比特幣礦業股票，儘管比特幣價格缺乏興奮，但它們仍在飆升。

Marathon Digital Holdings (MARA) is aggressively expanding its mining capacity to capitalize on crypto growth, which includes recent expansion efforts in Texas.

Marathon Digital Holdings (MARA) 正在積極擴大其採礦能力，以利用加密貨幣的成長，其中包括最近在德州的擴張努力。

Its hashrate is expected to double to 50 EH/s in 2024, and recent data center acquisitions have boosted its mining capacity to over 1 gigawatt.

預計到 2024 年，其算力將翻一番，達到 50 EH/s，最近的資料中心收購已將其採礦能力提高到超過 1 吉瓦。

Recently, Marathon announced the receipt of 1,250 Antminer S19J Pro bitcoin miners, which are being deployed at its Texas facility to boost capacity.

最近，Marathon 宣布收到 1,250 台 Antminer S19J Pro 比特幣礦機，這些礦機正在德州工廠部署，以提高產能。

Riot Blockchain (RIOT) also has major hash rate expansion plans underway, and is growing via acquisitions. Their focus on sustainable mining practices could be another reason for investor attraction.

Riot Blockchain (RIOT) 也正在進行重大算力擴張計劃，並透過收購實現成長。他們對永續採礦實踐的關注可能是吸引投資者的另一個原因。

The company recently announced the acquisition of Essentia Partners, a provider of renewable energy tax equity financing, in a move to further its sustainable bitcoin mining strategy.

該公司最近宣布收購再生能源稅收股權融資供應商 Essentia Partners，以進一步推進其永續比特幣挖礦策略。

Bitfarms Ltd. (BITF) also recently announced expansion efforts, with an agreement for a $3.7 million deal to bring up to 120 MW of power online via a new site in Sharon, Pennsylvania.

Bitfarms Ltd. (BITF) 最近也宣布了擴張計劃，簽署了一項價值 370 萬美元的協議，透過賓州沙龍的一個新站點提供高達 120 兆瓦的電力。

With this deal, Bitfarms is set to increase its total power capacity by 170% to 648 MW in 2025, up from 240 MW currently.

透過這筆交易，Bitfarms 計劃在 2025 年將其總發電量從目前的 240 兆瓦增加到 648 兆瓦。

CleanSpark Inc. (CLSK) just announced the acquisition of five new Bitcoin mining facilities in Georgia, adding 60 MW of infrastructure.

CleanSpark Inc. (CLSK) 剛剛宣佈在喬治亞州收購五個新的比特幣挖礦設施，增加了 60 兆瓦的基礎設施。

The company also said it is expected to increase its operating hashrate to over 20 EH/s by month's end using already purchased hardware.

該公司還表示，預計使用已購買的硬件，到月底將其營運算力提高到 20 EH/s 以上。

"This achievement underscores our commitment to scaling efficiently and sustainably and we are excited to bring these facilities into the CleanSpark way of mining bitcoin. We are confident in our continued ability to drive shareholder value and innovation in the bitcoin mining industry," said CEO Zach Bradford in a statement.

「這項成就強調了我們對高效和永續擴展的承諾，我們很高興將這些設施引入CleanSpark 比特幣挖礦方式。我們對我們持續推動比特幣挖礦業股東價值和創新的能力充滿信心，」執行長扎克(Zach) 表示布拉德福德在一份聲明中。

The inherent volatility of Bitcoin mining stocks remains a critical factor to consider, with key considerations including energy costs, increased mining difficulty post-Bitcoin halving (April 2024), and the regulatory environment.

比特幣礦業股票的固有波動性仍然是需要考慮的關鍵因素，其中關鍵考慮因素包括能源成本、比特幣減半（2024 年 4 月）後採礦難度的增加以及監管環境。