比特幣（BTC）哈希拉特（BTC）達到833 E/s的新歷史高度，預先安裝礦業硬件預購開始下降

Hashrate測量用於通過採礦來確保比特幣網絡的計算能力，而更高的哈希材料表示更大的網絡安全性。

Bitcoin (BTC) hashrate has achieved another all-time high, with seven-day moving average jumping to 833 exahashes per second (EH/s), according to Glassnode data. This marks a 9% increase from 767 EH/s in the past few days.

根據GlassNode的數據，比特幣（BTC）哈希拉特實現了另一個歷史最高的高度，七天的移動平均值躍升至每秒833個Exahashes（EH/s）。這標誌著過去幾天的767 EH/s增長9％。

However, pre-orders for mining hardware are declining following the pre-halving surge, Miner Mag reports. Many mining firms had stocked up on equipment in anticipation of this event, ensuring their operations remained competitive throughout the next difficulty adjustment period. But as mining hardware pre-orders begin to slow down, analysts expect a slowdown in hashrate growth.

但是，在預先安裝前的激增後，採礦硬件的預訂正在下降。許多采礦公司在預期這一活動時已經庫存設備，確保其運營在下一個難度調整期間保持競爭力。但是，隨著採礦硬件預購開始放慢速度，分析師預計哈希酸鹽增長會有所放緩。

Hashrate measures the computational power used to secure the bitcoin network through mining, and a higher hashrate signifies greater network security.

Hashrate測量用於通過採礦來確保比特幣網絡的計算能力，而更高的哈希材料表示更大的網絡安全性。

According to The Miner Mag, the network has seen a significant rise in hashrate over the past 18 months, largely driven by institutional investment in mining infrastructure.

根據礦工MAG的說法，在過去的18個月中，該網絡的哈希酸鹽幅度顯著增加，這在很大程度上是由機構投資在採礦基礎設施上的驅動。

The surge was ahead of bitcoin’s April 2024 halving, which occurs approximately every four years and reduces the block reward by 50%. Since the halving, the hashrate has increased by more than 40%, indicating continued expansion in mining operations.

激增距離比特幣2024年4月的減半，大約每四年發生一次，並將塊獎勵降低50％。自減半以來，哈希酸鹽增加了40％以上，表明採礦業務的持續擴展。

However, the rise in hashrate has coincided with mining profitability remaining relatively flat in recent months. One primary factor is historically low transaction fees, which have reduced miner earnings.

但是，哈希拉特的上升與近幾個月來採礦盈利能力保持相對平坦。一個主要因素是歷史上低的交易費用，這減少了礦工的收入。

In the bitcoin mempool, a high-priority transaction currently costs just 5 sat/vB ($0.69)—one of the lowest fee levels in recent years. With fewer transactions generating fees, miners are earning less from transaction fees, making it harder to offset operational costs.

在比特幣Mempool中，一項高優先級交易目前僅售5 SAT/VB（0.69美元），這是近年來費用最低水平之一。隨著交易產生費用的較少，礦工的收入減少了交易費用，因此很難抵消運營成本。

The bitcoin network’s long-term economic model relies on transaction fees gradually replacing the block subsidy as the primary source of miner revenue, but the current market dynamics pose challenges to this model.

比特幣網絡的長期經濟模型依賴於交易費用逐漸取代了礦工收入的主要來源，但是當前的市場動態對此模型構成了挑戰。

Looking ahead, the next difficulty adjustment is scheduled in four days and is projected to increase by over 6%, taking it to an all-time high and putting further pressure on miners.

展望未來，下一個難度調整計劃在四天內進行，預計將增加6％以上，使其達到歷史最高水平，並向礦工施加了進一步的壓力。