尽管存在盈利问题，比特币挖矿业再次繁荣

在市场动荡的情况下，比特币矿业公司正在缩减运营规模，以应对 4 月份减半事件后收入利润下降的情况。由于矿工努力应对补贴减少和生产成本上升的问题，该网络的哈希率已从 650 EH/s 的历史最高值下降至 586 EH/s。然而，新的比特币应用程序（例如 Ordinals 和 Runes）的出现，通过增加链上活动和交易费用带来了一线希望，矿工也从中受益。

Bitcoin Mining Rebounds Amidst Profitability Challenges

比特币挖矿在盈利挑战中反弹

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.

纽约，2024 年 5 月 13 日 - 根据 Coinshares 最近的一份报告，比特币矿业公司在 4 月份经历暂时挫折后，随着盈利能力的提高，正在加大运营力度。

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.

比特币网络的哈希率（衡量专用于挖矿的计算能力的指标）自 4 月份达到每秒 650 exahashes (EH/s) 的历史最高点以来急剧下降。然而，截至 5 月 11 日，7 天滚动平均值已反弹至 586 EH/s，表明矿工活动有所增加。

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.

这种复苏是在 4 月 19 日比特币减半之后，矿工经历了一段充满挑战的时期之后出现的。每四年一次的减半使矿工的区块奖励减少了一半，影响了他们的盈利能力。

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.

据 Coinshares 称，公开上市的比特币矿商报告称，减半后，每枚比特币的平均生产成本为 53,000 美元。与减半前的水平相比，这是一个显着的增长，使得一些矿商难以盈利。

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，最近比特币价格上涨至 63,000 美元左右，改善了矿商的盈利前景。 Coinshares 强调，矿商正在采用各种策略来减轻减半的影响，包括优化能源成本、提高挖矿效率以及确保有利的硬件采购条款。

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.

尽管盈利能力面临挑战，但一些公开上市的矿商（例如 Marathon Digital 和 Riot Platforms）表示，他们能够通过削减部分算力来部分抵消减半的影响。

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 等新比特币应用程序的出现对采矿业提供了进一步的支持。这些应用程序增加了链上活动和交易费用，为矿工提供了额外的收入来源。

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 首席执行官 Ki Young Ju 估计，交易费用目前占矿工收入的 7%，高于两年前的 1%。这种收入来源的多元化有助于缓解区块奖励波动的影响。

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.

采矿业也面临着不断变化的格局，一些矿商正在寻求替代收入来源和新市场。例如，Hive Blockchain Technologies 最近宣布计划扩展到以太坊挖矿和云服务领域。

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.

总体而言，虽然减半给比特币矿商带来了暂时的挫折，但该行业正在适应和反弹。盈利能力的提高、成本削减措施以及新收入来源的出现表明，在可预见的未来，比特币挖矿仍然是一项可行的努力。