比特幣哈希拉特達到歷史高度，超過943 EH/s

比特幣的哈希底層始終高，表明網絡的採礦生態系統再次很強。

The hashrate of Bitcoin is at an all-time high, indicating that the mining ecosystem of the network is strong once again. According to recent data, the hashrate has exceeded 943 exahashes per second (EH/s), reflecting an increase in computing power employed by miners worldwide. This new record high is a testament to the growing seriousness of the mining activity even after the recent fourth halving decreased block rewards by half.

比特幣的哈希底層始終高，表明網絡的採礦生態系統再次很強。根據最近的數據，哈希拉特（Hashrate）每秒（EH/s）超過943個exahashes，這反映了全球礦工使用的計算能力的增加。這個新的記錄高分證明了即使最近的第四次減少了一半，即使在最近的第四次減少了一半後，採礦活動的嚴重性也會變得嚴重。

In the past, hashrate increases have been accompanied by multi-year bull markets in the price of Bitcoin. Although the price movement is still volatile, the fact that the hashrate is continually increasing shows that miners are confident in the system and willing to continue investing in infrastructural support, albeit at reduced profit margins.

過去，哈希拉特的增加伴隨著比特幣價格的多年牛市。儘管價格變動仍在波動，但哈希酸鹽不斷增加的事實表明，礦工對該系統充滿信心，並願意繼續在基礎設施支持方面進行投資，儘管利潤率降低了。

The most significant increases in hashrate seem to have occurred between 2021 and 2024, with the recent shift taking the network beyond 0.9 billion TH/s. Another important aspect that the chart highlights is the expanding productivity and size of the mines.

哈希拉特的最顯著增加似乎是在2021年至2024年之間發生的，最近的轉變使網絡超過9億TH/s。圖表突出顯示的另一個重要方面是礦山的生產率和規模不斷提高。

Meanwhile, the price of Bitcoin has recently reached almost $110,000, narrowing the gap between the growth of the hashrate and the price. This relationship provides further support to the idea that increasing hashrate is both an indication of confidence and a consequence of growing market capitalization.

同時，比特幣的價格最近達到了近110,000美元，從而縮小了橋樑的增長與價格之間的差距。這種關係提供了進一步的支持，即增加哈希既是信心的跡象，也表明了日益增長的市值。

Mining Power Reaches Peak Before Dropping 75 EH/s

採礦能力在降低75 EH/s之前達到峰值

The hashrate of Bitcoin reached an all-time high of 943 EH/s on May 31, highlighting the immense computing power used on the network. This occurred several weeks after the fourth halving in April 2024, which halved the block reward and reset profitability levels for miners.

5月31日，比特幣的哈希拉特（Hashrate）達到了943 EH/s的歷史高度，突出了網絡上使用的巨大計算能力。這發生在2024年4月的第四個減半後幾週，這使礦工的獎勵獎勵和重置盈利水平減半。

However, the trend changed quickly. According to Hashrate Index data, the seven-day simple moving average has declined to 868 EH/s, a loss of 75 EH/s. The drop was triggered by an increase in difficulty on May 30 that bumped the target to 126.98 trillion, rendering miners needing more energy and computing to find a valid block. This pushed changes in mining economics, especially for smaller operations that had tighter margins.

但是，趨勢迅速變化。根據Hashrate指數數據，七天的簡單移動平均線已下降到868 EH/s，損失為75 EH/s。 5月30日的難度增加，將目標撞到了126.98萬億，降低了下降，這使礦工需要更多的能量和計算才能找到有效的塊。這推動了採礦經濟學的變化，尤其是對於較小利潤率的較小業務的變化。

Difficulty Spike and Falling Hashprice Pressure Miners

困難尖峰和降落礦工下降

Moreover, it had adverse effects on miner profitability. Hashprice, revenue per PH/s, fell by 7.53%, losing $57.12 on May 29 to $52.82. This decrease in revenue came at a time when the requirements of operations went up since they were more difficult. Miners faced smaller rewards, shrinking margins, and higher power costs, which did not encourage inefficient operations to stay online.

此外，它對礦工的盈利能力產生了不利影響。 HashPrice，每ph/s的收入下降了7.53％，5月29日損失了57.12美元，至52.82美元。收入的下降是在運營需求增加的時候，因為它們更加困難。礦工面臨較小的獎勵，利潤率縮小和更高的電力成本，這並不鼓勵效率低下的運營保持在線。

The block time is being averaged at 10 minutes and 23 seconds, slower than the desired 10 minutes. This kind of lag is a sign that the network is straining to maintain the current hashrate levels. If the block times remain elevated, the subsequent difficulty drop can reduce the mining difficulty by around 3.72%, leaving the remaining miners off the hook.

塊時間在10分鐘23秒時進行平均，比所需的10分鐘慢。這種滯後表明該網絡正在努力維持當前的哈希底水平。如果砌塊時間保持升高，隨後的難度下降會使採礦難度降低約3.72％，使剩餘的礦工脫離鉤子。