儘管有獲利問題，比特幣挖礦業再次繁榮

在市場動盪的情況下，比特幣礦業公司正在縮減營運規模，以應對 4 月減半事件後收入利潤下降的情況。由於礦工努力應對補貼減少和生產成本上升的問題，該網路的哈希率已從 650 EH/s 的歷史最高值下降至 586 EH/s。然而，新的比特幣應用程式（例如 Ordinals 和 Runes）的出現，透過增加鏈上活動和交易費用帶來了一線希望，礦工也從中受益。

Bitcoin Mining Rebounds Amidst Profitability Challenges

比特幣挖礦在獲利挑戰中反彈

New York, May 13, 2024 - Following a temporary setback in April, Bitcoin mining companies are ramping up their operations as profitability improves, according to a recent report by Coinshares.

紐約，2024 年 5 月 13 日 - 根據 Coinshares 最近的一份報告，比特幣礦業公司在 4 月經歷暫時挫折後，隨著盈利能力的提高，正在加強營運。

The Bitcoin network's hash rate, a measure of the computational power dedicated to mining, had declined sharply since reaching an all-time high of 650 exahashes per second (EH/s) in April. However, as of May 11, the seven-day rolling average has rebounded to 586 EH/s, indicating increased activity from miners.

比特幣網路的哈希率（衡量專用於挖礦的運算能力的指標）自 4 月達到每秒 650 exahashes (EH/s) 的歷史最高點以來急劇下降。然而，截至 5 月 11 日，7 天滾動平均值已反彈至 586 EH/s，顯示礦工活動增加。

This resurgence comes after a challenging period for miners following the Bitcoin halving on April 19. The halving, which occurs every four years, reduces the block reward for miners by half, impacting their profitability.

這種復甦是在4 月19 日比特幣減半之後，礦工經歷了一段充滿挑戰的時期之後出現的。 。

Publicly listed Bitcoin miners reported an average BTC production cost of $53,000 per coin immediately after the halving, according to Coinshares. This was a significant increase compared to the pre-halving level, making it difficult for some miners to operate profitably.

據 Coinshares 稱，公開上市的比特幣礦商報告稱，減半後，每枚比特幣的平均生產成本為 53,000 美元。與減半前的水平相比，這是一個顯著的增長，使得一些礦商難以獲利。

However, the recent uptick in Bitcoin's price to around $63,000 has improved the profitability landscape for miners. Coinshares highlights that miners are employing various strategies to mitigate the effects of the halving, including optimizing energy costs, increasing mining efficiency, and securing favorable hardware procurement terms.

然而，最近比特幣價格上漲至 63,000 美元左右，改善了礦商的獲利前景。 Coinshares 強調，礦商正在採用各種策略來減輕減半的影響，包括優化能源成本、提高挖礦效率以及確保有利的硬體採購條款。

Despite the profitability challenges, some publicly listed miners, such as Marathon Digital and Riot Platforms, reported that they were able to partially offset the impact of the halving by curtailing a portion of their hash rate.

儘管獲利能力面臨挑戰，但一些公開上市的礦商（例如 Marathon Digital 和 Riot Platforms）表示，他們能夠透過削減部分算力來部分抵消減半的影響。

Further support for the mining industry has come from the emergence of new Bitcoin applications like Ordinals and Runes. These applications have boosted on-chain activity and transaction fees, providing an additional revenue stream for miners.

Ordinals 和 Runes 等新比特幣應用程式的出現對採礦業提供了進一步的支援。這些應用程式增加了鏈上活動和交易費用，為礦工提供了額外的收入來源。

Ki Young Ju, CEO of CryptoQuant, estimates that transaction fees now account for 7% of miner income, up from 1% two years ago. This diversification of revenue sources helps to cushion the impact of fluctuations in block rewards.

CryptoQuant 執行長 Ki Young Ju 估計，交易費用目前佔礦工收入的 7%，高於兩年前的 1%。這種收入來源的多元化有助於緩解區塊獎勵波動的影響。

The mining industry is also facing a changing landscape, with some miners seeking alternative revenue streams and new markets. For example, Hive Blockchain Technologies recently announced plans to expand into Ethereum mining and cloud services.

採礦業也面臨著不斷變化的格局，一些礦商正在尋求替代收入來源和新市場。例如，Hive Blockchain Technologies 最近宣布計劃擴展到以太坊挖礦和雲端服務領域。

Overall, while the halving presented a temporary setback for Bitcoin miners, the industry is adapting and rebounding. Improved profitability, cost-cutting measures, and the emergence of new revenue streams suggest that Bitcoin mining remains a viable endeavor for the foreseeable future.

總體而言，雖然減半給比特幣礦商帶來了暫時的挫折，但該行業正在適應和反彈。獲利能力的提高、成本削減措施以及新收入來源的出現表明，在可預見的未來，比特幣挖礦仍然是一項可行的努力。