印度的比特币采矿：探索水力发电的潜力

印度是世界上人口最多的国家，是多元化，生动和庞大的。不仅是人口，而且在土地面积方面

Bhutan, a tiny sovereign kingdom sandwiched between two Asian giants—China and India, is quietly stacking up Bitcoin—the digital gold, all thanks to its rivers. Yes, you heard that right!

不丹是一个小主权王国，夹在两个亚洲巨人之间 - 中国和印度，正在悄悄地堆叠比特币 - 数字黄金，这要归功于其河流。是的，您听说没错！

The unique topography of Bhutan allows the kingdom to strategically place its Bitcoin mining centers next to hydroelectric power plants that operate on its four major rivers—Amo Chu, Wang Chu, Punat Sang Chu & Mangde Chu. In less than five years, Bhutan has amassed over $1 Billion in Bitcoin, generating a range of 55-75 BTC per week from its mining operations.

不丹的独特地形使王国能够从战略上将其比特币采矿中心放在其在其四个主要河流上运行的水力发电厂旁边，即Aamo Chu，Wang Chu，Punat Sang Chu＆Mangde Chu。在不到五年的时间里，不丹已经积累了超过10亿美元的比特币，其采矿业务每周产生55-75 BTC的范围。

Interestingly, all four major rivers of Bhutan merge into Brahmaputra river basin and enter India to form different rivers and its tributaries. But then what about India and why is she not utilizing her natural resources to mine Bitcoins?

有趣的是，不丹的所有主要河流都合并为婆罗门河流域，进入印度形成不同的河流及其支流。但是，印度呢，为什么她不利用自己的自然资源来开采比特币？

India, the most populous nation in the world, is diverse, vivid and massive; not just by her population but also in terms of land area, topography and varied languages, culture as well as faith. From the arid plains of Rajasthan to the hilly terrain of Arunachal Pradesh, India encompasses 3.28 million square kilometers and is blessed with 10 perennial rivers including the holy Ganges and a flourishing ecosystem that has survived since ancient times.

印度是世界上人口最多的国家，是多元化，生动和庞大的。不仅是她的人口，而且在土地领域，地形和各种语言，文化和信仰方面。从拉贾斯坦邦的干旱平原到印度阿鲁纳恰尔邦的丘陵地形，拥有328万平方公里的公里，并幸运地拥有10个多年生河流，包括圣恒河和一个繁荣的生态系统，这些生态系统自远古时代就幸存下来。

Owing to her geographical location & perennially fierce rivers, India ranks 5th globally when it comes to installed hydropower generation. Just like her Himalayan neighbor Bhutan, she too has the potential to mine bitcoins and become a major player in this niche industry in the coming years.

由于她的地理位置和常年凶猛的河流，印度在安装水力发电一代方面排名全球第五。就像她的喜马拉雅邻居不丹一样，她也有潜力开采比特币，并在未来几年成为这个利基行业的主要参与者。

But unlike her neighbor, India has a rather “hush-hush” approach towards cryptocurrencies in general and therefore niche sectors like bitcoin mining have remained largely neglected. While Bhutan possesses a substantial $1 Billion in bitcoin holdings, India's cryptocurrency journey is hindered by high taxes and blanket bans.

但是，与她的邻居不同，印度对加密货币采取了一种相当“安静的”方法，因此，像比特币采矿这样的利基市场仍然在很大程度上被忽略了。尽管不丹拥有10亿美元的比特币控股，但印度的加密货币旅程受到高税和毯子禁令的阻碍。

In this article, we will dissect the Bitcoin mining operations of Bhutan, revisit her unique topography and understand how India can also utilize her rivers to mine the digital gold.

在本文中，我们将剖析不丹的比特币采矿业务，重新审视其独特的地形，并了解印度如何利用她的河流来开采数字黄金。

What is Bitcoin Mining and why it is a lucrative business?

什么是比特币采矿，为什么它是一项有利可图的业务？

Bitcoin mining is a process in blockchain networks that helps in the confirmation and finalization of transactions. The miners use a specialized, high-powered computer system to mine the coins. The main work of crypto miners is to secure the network, verify the transaction, & circulate new coins.

比特币挖掘是区块链网络中的一个过程，有助于交易的确认和完成。矿工使用专门的高功率计算机系统来开采硬币。加密矿工的主要工作是确保网络，验证交易并循环新硬币。

Being a niche sector, Bitcoin mining is quite a profitable business as the collective market cap of the top 5 private Bitcoin mining firms worldwide is a staggering $1377 billion. To name a few, MARA Holdings, Riot Blockchain & Core Scientific are US-based crypto mining companies with annual turnovers of $338 billion, $376 billion, and $558 billion, respectively.

作为利基市场，比特币采矿是一项盈利的业务，​​因为全球前5家私人比特币矿业公司的集体市值是一笔惊人的13770亿美元。仅举几例，Mara Holdings，Riot Blockchain和Core Scientific是总部位于美国的加密矿业公司，年营业额分别为3380亿美元，3760亿美元和5580亿美元。

Why is Bitcoin Mining Expensive?

为什么比特币开采昂贵？

Bitcoin/Crypto mining farms are large industrial setups. They are usually located in remote areas where electricity setups are arranged with high-speed internet, efficient cooling systems, and ventilation. This is because bitcoin mining generates computing power equivalent to 3.7 million supercomputers.

比特币/加密矿业农场是大型工业设置。它们通常位于偏远地区，在那里电力设置与高速互联网，有效的冷却系统和通风。这是因为比特币挖掘产生的计算能力相当于370万个超级计算机。

According to experts, the mining facility should also provide protection from outdoor conditions and have proper security measures. It is for this reason, storage facilities and warehouses operate mining farms because of the above-mentioned requirements.

根据专家的说法，采矿设施还应提供防止室外状况的保护，并采取适当的安全措施。因此，由于上述要求，存储设施和仓库经营采矿农场。

Some major Bitcoin Mining Firms Around The Globe

全球一些主要的比特币采矿公司

There are many other countries that are leading in the Bitcoin mining endeavor. U.S. is at the forefront, boasting a formidable infrastructure and readily available capital, making it an exceptionally appealing destination for institutional miners seeking profitable opportunities.

还有许多其他国家领导比特币采矿业。美国处于最前沿，拥有强大的基础设施和随时可用的资本，这使其成为寻求盈利机会的机构矿工的极具吸引力的目的地。

That’s why the top 4 miners in the top 5 spots are taken by companies based in the U.S.A. Let’s have a look at the top five Bitcoin mining companies’ list.

这就是为什么在美国的公司中排名前5位的前4名矿工的原因，让我们看看前五名比特币矿业公司的清单。

MARA Holdings (Market Cap $410 Billion)

Mara Holdings（市值4100亿美元）

At first is MARA Holdings, a firm established in Florida, which is regarded as one of the largest bitcoin miners globally with a market cap of $410 billion. It is also the second largest corporate holder of Bitcoin.

起初是在佛罗里达州成立的一家公司Mara Holdings，该公司在全球最大的比特币矿工之一，市值为4100亿美元。它也是比特币的第二大公司持有人。

Riot Blockchain (Market Cap $398 Billion)

防暴区块链（市值3980亿美元）

Keeping close is Riot Blockchain, the largest Bitcoin mining plant in North America in terms of developed capacity. The total market cap of Riot Blockchain is $398 billion.

在发达能力方面，彻底的区块链是RIOT区块链，这是北美最大的比特币采矿厂。 RIOT区块链的总市值为3980亿美元。

Core Scientific (Market Cap $239.53 Billion)

核心科学（市值2395.3亿美元）

Then we have Core Scientific, which has facilities in 7 U.S. states. Core Scientific’s market capitalization was $239.53 billion in February 2025. Due to this, Core Scientific is now the 3702nd most valuable firm in the world.

然后，我们拥有核心科学，该科学在美国7个州设有设施。核心科学的市值在2025年2月为2395.3亿美元。因此，核心科学现在是世界上第3702位最有价值的公司。

Bitdeer (Market Cap $219.37 Billion)

比特（市值2193.7亿美元）

The 4th spot is taken by Bitdeer Technology Group, a Singapore-based company. The market capitalization of Bitdeer Technologies Group was $219.37 billion in February 2025.

第四名是由新加坡公司Bitdeer Technology Group取得的。 Bitdeer Technologies Group的市值为2025年2月的213.7亿美元。

Clean Spark (Market Cap $2

清洁火花（市值2美元