比特币（BTC）矿业股逆势上涨，经历上涨

比特币（BTC）最近一直在横盘整理，陷入狭窄的价格通道内——当然这并不是许多投资者所希望的令人兴奋的增长。

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.

过去几个月，比特币 (BTC) 的价格走势一点也不令人兴奋，全球最大的加密货币仍陷于狭窄的价格通道内，几乎没有任何突破的迹象。

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，虽然比特币价格可能令投资者感到无聊，但比特币矿业股却并非如此，它们正在经历逆势上涨，弥补了比特币价格缺乏兴奋的情况。

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.

根据摩根大通最近的一份报告，6 月前两周，几乎所有 14 家矿商的表现都好于比特币。 Core Scientific 处于领先地位，上涨了 117%，而比特币的价值在同一两周内下跌了 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.

矿业公司多元化的前景似乎是这一增长的关键驱动力。摩根大通表示，Core Scientific (CORZ) 与人工智能公司 CoreWeave 最近的交易激发了投资者的热情。

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.

这种合作关系表明，矿业公司正在探索创收方式，并不仅仅局限于开采比特币，这可能会带来更稳定、更有吸引力的投资机会。

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.

该报告还强调，6 月份在美国上市的比特币矿业股总市值达到创纪录的 228 亿美元，突显投资者对该行业的兴趣日益浓厚。

"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 分析师 Valentin Fournier 表示：“受特朗普宣布打算让美国成为矿业强国的刺激，矿业股上周表现优于比特币。Bitfarms 涨幅居前，涨幅达 34%，CleanSpark 涨幅居前，涨幅达 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.

“在过去的一周里，我们观察到矿工的储备减少，同时 HashPrice（计算能力奖励）和 Hashrate（计算能力）也下降。这一趋势表明，随着旧挖矿设备变得无利可图并被重新利用，挖矿能力正在减弱。用于其他用途，例如人工智能，”他指出。

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

在这种背景下，以下是一些出色的比特币矿业股票，尽管比特币价格缺乏兴奋，但它们仍在飙升。

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) 正在积极扩大其采矿能力，以利用加密货币的增长，其中包括最近在德克萨斯州的扩张努力。

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.

预计到 2024 年，其算力将翻一番，达到 50 EH/s，最近的数据中心收购已将其采矿能力提高到超过 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 比特币矿机，这些矿机正在其德克萨斯州工厂部署，以提高产能。

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) 也正在进行重大算力扩张计划，并通过收购实现增长。他们对可持续采矿实践的关注可能是吸引投资者的另一个原因。

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.

该公司最近宣布收购可再生能源税收股权融资提供商 Essentia Partners，以进一步推进其可持续比特币挖矿战略。

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) 最近也宣布了扩张计划，签署了一项价值 370 万美元的协议，通过宾夕法尼亚州沙龙的一个新站点提供高达 120 兆瓦的电力。

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

通过这笔交易，Bitfarms 计划到 2025 年将其总发电量从目前的 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) 刚刚宣布在佐治亚州收购五个新的比特币挖矿设施，增加了 60 兆瓦的基础设施。

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.

该公司还表示，预计使用已购买的硬件，到月底将其运营算力提高到 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.

“这一成就强调了我们对高效和可持续扩展的承诺，我们很高兴将这些设施引入 CleanSpark 比特币挖矿方式。我们对我们持续推动比特币挖矿行业股东价值和创新的能力充满信心，”首席执行官扎克 (Zach) 表示布拉德福德在一份声明中。

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.

比特币矿业股票的固有波动性仍然是需要考虑的关键因素，其中关键考虑因素包括能源成本、比特币减半（2024 年 4 月）后采矿难度的增加以及监管环境。