比特幣 (BTC) 網路算力創下 1000 EH/s 的歷史新高，反映出機構興趣的上升

比特幣網路的哈希率於 1 月 3 日創下歷史新高，短暫達到每秒 1,000 exahashes (EH/s)。

Bitcoin's network hashrate reached a record high on Jan 3, briefly hitting 1,000 exahashes per second (EH/s), data from CoinWarz showed. This is up from the 510 EH/s recorded in January 2024. At press time, the hashrate has settled around 780 EH/s.

CoinWarz 的數據顯示，比特幣的網路算力在 1 月 3 日創下歷史新高，一度達到每秒 1,000 exahashes (EH/s)。這高於 2024 年 1 月記錄的 510 EH/s。

The hashrate, a measure of the computational power dedicated to the Bitcoin network by miners, serves as a key indicator of the blockchain's health and security. As more miners join the network, they collectively increase the hashrate, making it more difficult for bad actors to manipulate the blockchain.

哈希率是衡量礦工專用於比特幣網路的運算能力的指標，是區塊鏈健康和安全的關鍵指標。隨著越來越多的礦工加入網絡，他們共同提高了算力，使不良行為者更難操縱區塊鏈。

Bitcoin miners have continued to expand their operations despite the April halving, which saw the mining reward decrease from 6.25 BTC to 3.125 BTC per block. Several mining companies, such as Riot Platforms and CleanSpark, increased their production capacity to maintain profitability.

儘管 4 月減半，挖礦獎勵從每塊 6.25 BTC 降至 3.125 BTC，但比特幣礦工仍在繼續擴大營運。 Riot Platforms 和 CleanSpark 等多家礦業公司提高了產能以維持獲利能力。

A Dec 10 report by JPMorgan noted that some miners acquired turnkey facilities to quickly boost their hashrate and secure reliable power supplies. Moreover, many mining companies focused on adding Bitcoin to their balance sheets, contributing to their long-term strategies.

摩根大通 12 月 10 日的一份報告指出，一些礦商購買了交鑰匙設施，以快速提高算力並確保可靠的電力供應。此外，許多礦業公司專注於將比特幣添加到其資產負債表中，為其長期策略做出貢獻。

Major miners, including Marathon, Riot Platforms, and CleanSpark, hold Bitcoin treasuries valued at around $4.4 billion, $1.7 billion, and $910 million, respectively, according to BitcoinTreasuries.net.

根據 BitcoinTreasuries.net 的數據，Marathon、Riot Platforms 和 CleanSpark 等主要礦商持有的比特幣公債價值分別約為 44 億美元、17 億美元和 9.1 億美元。

The increasing Bitcoin hashrate also aligns with the rising institutional interest in the cryptocurrency market. As of November, Bitcoin exchange-traded funds (ETFs) had surpassed $100 billion in net assets, according to data from Bloomberg Intelligence.

比特幣算力的增加也與機構對加密貨幣市場興趣的增加一致。根據 Bloomberg Intelligence 的數據，截至 11 月，比特幣交易所交易基金 (ETF) 的淨資產已超過 1,000 億美元。

Sygnum, an asset manager, highlighted the importance of a secure Bitcoin network as more institutional capital flows into cryptocurrency. Improved regulatory clarity in the United States has further encouraged large investors, such as pension funds and sovereign wealth funds, to include Bitcoin in their portfolios.

資產管理公司 Sygnum 強調了隨著越來越多的機構資本流入加密貨幣，安全的比特幣網路的重要性。美國監管透明度的提高進一步鼓勵退休基金和主權財富基金等大型投資者將比特幣納入其投資組合。

Bitcoin mining companies have seen adjusted valuations as they expand their operations and hold valuable assets. According to JPMorgan, the miners' power assets and Bitcoin treasuries contributed significantly to their value.

隨著比特幣礦業公司擴大業務並持有有價值的資產，它們的估值也發生了調整。摩根大通表示，礦商的電力資產和比特幣國債對其價值做出了重大貢獻。

For instance, MicroStrategy traded at a 2.4x multiple of its Bitcoin holdings' value as of December 10, showcasing the role of BTC assets in shaping market valuations.

例如，截至 12 月 10 日，MicroStrategy 的交易價格是其持有的比特幣價值的 2.4 倍，顯示了 BTC 資產在影響市場估值方面的作用。