由於比特幣價格上漲和交易費用增加，比特幣礦商 11 月利潤顯著

儘管仍低於減半前的水平，但加密貨幣採礦業經歷了顯著的上升，上市礦商的市值躍升了 52%

Bitcoin miners saw substantial profits in November as the cryptocurrency's rally and increased transaction fees boosted their revenue.

隨著加密貨幣的上漲和交易費用的增加增加了他們的收入，比特幣礦商在 11 月獲得了可觀的利潤。

While still below pre-halving levels, the cryptocurrency mining sector experienced a notable uptick, particularly in the second half of the month. According to JPMorgan, publicly listed miners saw their combined market cap jump 52%.

雖然仍低於減半前的水平，但加密貨幣採礦業經歷了顯著的成長，特別是在下半月。據摩根大通稱，公開上市礦商的總市值躍升了 52%。

Bitcoin miners earned $52,000 daily per exahash (EH/s) in November, reflecting a 24% increase from October, analysts noted.

分析師指出，11 月比特幣礦工每天每 exahash (EH/s) 賺取 52,000 美元，較 10 月增長 24%。

Bitcoin's Recent Gains Aided Miners

比特幣近期的上漲有利於礦工

This boost came as Bitcoin reached new heights, notably on November 5 around the US presidential election. This activity led to a surge in transaction fees, offering miners much-needed hashprice relief, a key measure of mining profitability, Coindesk reported.

隨著比特幣達到新的高度，特別是在 11 月 5 日美國總統大選前後，比特幣出現了這種提振。根據 Coindesk 報導，這項活動導致交易費用激增，為礦工提供了急需的哈希價格減免，這是衡量挖礦盈利能力的關鍵指標。

The overall network hashrate, which indicates the total computational power dedicated to mining, grew 4% month-on-month to 731 EH/s. However, the growth in mining difficulty outpaced this increase, rising by 7% from October.

整體網路算力（表示專用於挖礦的總算力）較上季成長 4%，達到 731 EH/s。然而，挖礦難度的成長超過了這一增幅，較 10 月增加了 7%。

Publicly traded Bitcoin miners also reaped the benefits of November's rally. The combined market capitalization of 14 miners tracked by JPMorgan jumped to $36.2 billion, a 52% increase from the previous month.

公開交易的比特幣礦商也從 11 月的上漲中獲益。摩根大通追蹤的 14 家礦商總市值躍升至 362 億美元，季增 52%。

These gains highlighted the growing investor confidence in the sector amid renewed optimism about Bitcoin's performance. At the time of publication, the top cryptocurrency was trading at $95,654. The figure represents a 1.56% drop and less than 1% increase in the past day and week, respectively.

這些漲幅凸顯了投資者對該行業信心的增強，因為人們對比特幣的表現重新感到樂觀。截至本文發佈時，頂級加密貨幣的交易價格為 95,654 美元。該數字代表過去一天和一周分別下降了 1.56% 和不到 1% 的漲幅。

Bitcoin's annualized volatility rose to 62% in November, compared to 42% in October amid heightened market activity. Analysts attribute this uptick to the cryptocurrency's strong price movement during the month.

由於市場活動加劇，11 月比特幣的年化波動率升至 62%，而 10 月為 42%。分析師將這一上漲歸因於本月加密貨幣的強勁價格走勢。

The report paints an optimistic picture of Bitcoin mining's near-term future, though challenges remain. Notably, despite the revenue boost in November, profitability is still around 50% below pre-halving levels.

該報告對比特幣挖礦的近期未來描繪了一幅樂觀的圖景，儘管挑戰仍然存在。值得注意的是，儘管 11 月的收入有所增長，但盈利能力仍比減半前的水平低 50% 左右。

As Bitcoin continues to evolve, the interplay between hashrate growth, transaction fees, and market dynamics will remain critical for miners navigating this volatile landscape.

隨著比特幣的不斷發展，算力成長、交易費用和市場動態之間的相互作用對於礦工在這個動盪的環境中航行仍然至關重要。

Most recently, Bitcoin miner MARA Holdings framed the need for the United States to stay ahead in Bitcoin holdings and mining operations as a critical national security imperative due to growing global competition.

最近，比特幣礦商 MARA Holdings 認為，由於全球競爭日益激烈，美國在比特幣持有和挖礦業務方面保持領先地位是一項至關重要的國家安全當務之急。

The country reportedly holds an estimated 200,000 Bitcoin ahead of China's 190,000 BTC holdings. Compared to gold, the US has 8,133 metric tonnes versus China's 2,264 tonnes.

據報道，該國估計持有 20 萬枚比特幣，而中國則持有 19 萬枚比特幣。與黃金相比，美國有 8,133 噸，而中國有 2,264 噸。

Meanwhile, HIVE Digital Technologies posted a significant expansion of its BTC mining capabilities, having ordered 5,000 new miners.

同時，HIVE Digital Technologies 宣布大幅擴展其 BTC 挖礦能力，訂購了 5,000 台新礦機。