杰富瑞：比特币的未来可能与美国大选结果息息相关

特朗普最近才转向加密货币，但这可能会在短期内影响比特币的价格，具体取决于谁赢得 11 月的美国大选

Investment bank Jefferies highlighted the recent shift in former U.S. President Donald Trump's stance on cryptocurrencies in a research report on Monday.

投资银行杰富瑞 (Jefferies) 在周一的一份研究报告中强调了美国前总统唐纳德·特朗普 (Donald Trump) 最近对加密货币立场的转变。

According to the report, Trump's overtures to the crypto industry, such as promising to install crypto-friendly regulators, could impact the price of bitcoin in the near term.

该报告称，特朗普对加密行业的提议，例如承诺建立对加密货币友好的监管机构，可能会在短期内影响比特币的价格。

The report notes that Trump's presence at the Bitcoin Nashville conference and his statements on bitcoin could influence its price, especially considering his promise to maintain a strategic bitcoin reserve and never sell the government's seized bitcoin.

报告指出，特朗普出席比特币纳什维尔会议以及他关于比特币的言论可能会影响比特币的价格，特别是考虑到他承诺维持比特币战略储备，并且永远不会出售政府扣押的比特币。

Jefferies also highlighted Trump's pledges to create a crypto industry presidential advisory council and to make the U.S. the "crypto capital of the planet." This positive shift in Trump's crypto policy is recent, but it could impact the price of bitcoin in the coming months, especially in relation to the outcome of the U.S. presidential election in November.

杰弗里斯还强调了特朗普承诺成立一个加密行业总统顾问委员会，并使美国成为“地球的加密之都”。特朗普加密货币政策的这一积极转变是最近发生的，但它可能会在未来几个月影响比特币的价格，特别是与 11 月美国总统大选的结果相关。

The report also includes updates on bitcoin mining, with observations on the halving and hashrate changes.

该报告还包括比特币挖矿的最新情况，以及对减半和算力变化的观察。

It highlights that bitcoin has gained around 5% since the halving in April, while the network hashrate dropped 8% in total over May and June.

报告强调，自 4 月份减半以来，比特币已上涨约 5%，而 5 月和 6 月网络算力总计下降了 8%。

As a result, the profitability of mining is better than anticipated earlier this year, with mining revenue per exahash down 40-45% compared to expectations of a 50% decrease.

因此，挖矿的盈利能力好于今年早些时候的预期，每Exahash的挖矿收入下降了40-45%，而预期则下降了50%。

Jefferies notes that larger bitcoin miners are still expanding their operations, with orders to significantly increase their installed hashrate. Hashrate serves as a proxy for competition in the industry and mining difficulty.

杰富瑞指出，较大的比特币矿商仍在扩大其业务，并接到命令大幅提高其安装的算力。算力是行业竞争和挖矿难度的指标。

The report also discusses the ongoing consolidation in the bitcoin mining sector, highlighting CleanSpark's (CLSK) agreement to acquire GRIID (GRDI) and Riot Platforms' (RIOT) public offer for Bitfarm (BITF), which was later rejected.

该报告还讨论了比特币挖矿行业正在进行的整合，重点介绍了 CleanSpark (CLSK) 收购 GRIID (GRDI) 的协议以及 Riot Platforms (RIOT) 对 Bitfarm (BITF) 的公开报价，但该报价后来被拒绝。

According to the report, comments from mining firm executives suggest that more M&A activity is likely in the sector, with access to power being valued more highly than mining fleets.

该报告称，矿业公司高管的评论表明，该行业可能会出现更多并购活动，因为获得电力的价值比矿船队更高。