比特币的网络达到了一个新的里程碑，每秒的哈希速率超过1000个

这一新记录表明，确保比特币区块链的计算能力大大增加。

Bitcoin’s network reached a new milestone, now boasting a hash rate of over 1,000 exahashes per second (1 Zetahash per second) according to data from Cloverpool. This new record marks a significant increase in the computational power securing Bitcoin’s blockchain.

根据Cloverpool的数据，比特币的网络达到了一个新的里程碑，现在拥有每秒超过1,000个Exahashes（每秒1 Zetahash）的哈希速率。这一新记录标志着确保比特币区块链的计算能力的显着增加。

Record High Despite Financial Strain on Miners

尽管矿工的财务压力很高，但记录得很高

This growth in Bitcoin’s hash rate indicates a surge in mining participation and technological improvements in the industry. As of April, the hash reached one sextillion hashes per second. This provides more computing power to the network and contributes to its security.

比特币哈希率的这种增长表明，采矿参与和行业的技术进步激增。截至4月，哈希每秒达到了四分之一的哈希。这为网络提供了更多的计算能力，并有助于其安全性。

However, despite these advancements in network strength, Bitcoin miners are facing increasing financial strain. According to Newhedge, a blockchain analytics platform, the revenue of Bitcoin miners plummeted almost 40% year-over-year, shifting from $2 billion in March 2024 to $1.2 billion in March 2025. This is mainly due to the Bitcoin halving in April 2024, cutting block rewards from 6.25 to 3.125 BTC per block. This decrease has made transaction fees increasingly crucial for miners, yet low fees and empty blocks have put further strain on their operations.

但是，尽管网络强度取得了这些进步，但比特币矿工仍面临日益增加的财务压力。根据区块链分析平台Newhedge的数据，比特币矿工的收入跌至近40％同比，从2024年3月的20亿美元转移到2025年3月的12亿美元。这主要是由于2024年4月的比特币在2024年4月减少了，削减块从6.25降低到3.125 btc btc btc btc btc btc btc。这种减少使交易费用对矿工越来越重要，但是低费用和空的块使他们的运营进一步压力。

Miner Sell-Offs Amid Struggles

在挣扎中销售的矿工抛售

According to TheMinerMag, publicly traded mining companies sold over 40% of their own Bitcoin production in March 2025, the largest liquidation rate since October 2024. This is a shift from the post-halving accumulation strategy miners have favored in the past. The struggling hash price conditions and rising market competition led HIVE, Bitfarms, and Ionic Digital to sell more Bitcoin than they mined in the month of March.

根据Theminermag的说法，公开交易的矿业公司在2025年3月售出了自己的比特币生产的40％以上，这是自2024年10月以来最大的清算率。这与矿工过去的备用后累积策略相比，矿工在过去曾受到青睐。挣扎的哈希价格状况和市场竞争上升的竞争使Hive，Bitfarms和Ionic Digital销售比3月份开采更多的比特币。

The sell-off immediately affected Bitcoin’s market price, which recorded a 2.3% drop in March, following a larger 17.39% correction in February. The release of mining reserves to fund operations creates downward market pressure, which may worsen market conditions.

该抛售立即影响了比特币的市场价格，该市场价格在2月份的17.39％的更正后，在3月下降了2.3％。释放采矿储备以资助运营会造成下降的市场压力，这可能会使市场状况恶化。

In addition to financial pressures, U.S.-based Bitcoin miners are contending with trade tariffs that could significantly affect their profitability. Tariffs on mining hardware, particularly those introduced under the Trump administration, have raised the cost of importing essential equipment. According to BullifyX, these tariffs could increase the cost of mining components, further squeezing miners’ profit margins.

除了财务压力外，总部位于美国的比特币矿工还与可能会严重影响其盈利能力的贸易关税竞争。对采矿硬件的关税，尤其是特朗普政府下引入的硬件，已经提高了进口基本设备的成本。根据Bullifyx的说法，这些关税可能会增加采矿组件的成本，进一步挤压矿工的利润率。