金融世界正在目睹地震轉變

本週，有兩個重大發展正在震撼加密景觀。西弗吉尼亞州的開創性比特幣戰略儲備法案正在揮舞

The world of finance is witnessing a seismic shift, and this week, two major developments are unfolding that threaten to reshape the crypto landscape. In a move that has both critics and supporters buzzing, West Virginia lawmakers are advancing a bill to allow the state treasury to hold up to 10% of its long-term public funds in Bitcoin (BTC).

金融世界正在見證地震般的轉變，本週，有兩個重大的發展有可能重塑加密貨幣景觀。西弗吉尼亞州立法者既有批評家和支持者的舉動，也正在提出一項法案，以允許國家財政部擁有多達10％的長期公共資金在比特幣（BTC）中。

On the other hand, Bitcoin mining behemoth Bitfarms has secured a massive $300 million loan to fuel its pivot from traditional mining to high-performance computing (HPC) and artificial intelligence (AI).

另一方面，比特幣採礦龐然大物Bitfarms獲得了3億美元的貸款，以促進其從傳統採礦到高性能計算（HPC）和人工智能（AI）的樞紐。

These developments signal a deeper integration of digital assets into mainstream finance, but are they calculated strategies or reckless gambles? Let's take a closer look.

這些發展表明，將數字資產更深地集成到主流金融中，但是它們是計算出的策略還是魯ck賭？讓我們仔細看一下。

West Virginia's Bitcoin Bill: A Political Move or Financial Foolishness?

西弗吉尼亞州的比特幣法案：政治舉動還是經濟愚蠢？

西弗吉尼亞州的比特幣法案：政治舉動還是經濟愚蠢？

In an attempt to take a stand against what he sees as federal overreach and promote financial sovereignty, State Senator Chris Rose is spearheading the legislation that would permit the state treasury to diversify its portfolio with Bitcoin.

為了反對他認為聯邦超越並促進金融主權的立場，州參議員克里斯·羅斯（Chris Rose）率先率先構成了將允許州財政部用比特幣多樣化其投資組合的立法。

"People want decentralized currency. They want freedom," Rose stated during a lively committee hearing, where he faced pushback from members of the House Judiciary Committee.

羅斯在一場活潑的委員會聽證會上說：“人們想要分散的貨幣。他們想要自由。”

The bill, which passed the Senate but faces an uphill battle in the House, aims to allow the state to invest funds from its pensions and severance tax reserves into Bitcoin, alongside traditional assets like gold and silver. However, critics argue that Bitcoin's notorious volatility makes it an incredibly risky investment for public funds.

該法案通過了參議院，但面臨眾議院的艱苦戰鬥，旨在允許該州從其養老金和遣散費稅收儲備中投資於比特幣，以及黃金和銀等傳統資產。但是，批評家認為，比特幣臭名昭著的波動率使它成為公共資金的極具風險投資。

Despite its long-term trajectory and potential as a hedge against inflation, Bitcoin's history of sharp price swings leaves many skeptical about its reliability as a government-held asset.

儘管具有長期的軌跡和潛在的對沖通貨膨脹的對沖，但比特幣的急劇價格波動的歷史使許多人對其作為政府擁有的資產的可靠性持懷疑態度。

"I don't think we have the appetite to put taxpayer money in an asset class that is known for its volatility," said House Minority Whip Sam Blitzstein, voicing his concerns.

眾議院少數民族鞭子薩姆·布利茨斯坦（Sam Blitzstein）說：“我認為我們沒有將納稅人的錢投入以其波動性而聞名的資產類別的胃口。”

However, those supporting the bill highlight the urgency of exploring new financial avenues.

但是，那些支持該法案的人強調了探索新金融途徑的緊迫性。

"We're at a crossroads economically in this country and in this state," said House Majority Leader Charles Gray. He believes that the state needs to be "open to new ideas" and isn't necessarily "closing the door" on the bill.

眾議院多數黨領袖查爾斯·格雷（Charles Gray）說：“我們在這個國家和該州經濟上處於經濟狀態。”他認為，國家需要“對新想法開放”，不一定要“關閉門”。

The bill's passage would align the state with a growing trend among U.S. states exploring Bitcoin reserves as a hedge against inflation and centralized monetary policies. While Texas and Arizona have passed similar legislation, most attempts have stalled in legislative limbo.

該法案的通過將使該州與美國探索比特幣儲備的趨勢的日益增長的趨勢保持一致，以此作為抵制通貨膨脹和集中貨幣政策的對沖。儘管得克薩斯州和亞利桑那州也通過了類似的立法，但大多數嘗試都陷入了立法困境。

Governor Patrick Morrisey has been vocal about his support for blockchain innovations and new technologies, which could add further momentum to the bill's progress.

州長帕特里克·莫里西（Patrick Morrisey）一直對他對區塊鏈創新和新技術的支持表示坦率，這可能會進一步增加該法案的進步。

"I think it's a no-brainer. We should be investing in Bitcoin. It's the future of money," Morrisey stated during a recent interview.

莫里西在最近的一次採訪中說：“我認為這很容易。我們應該投資比特幣。這是金錢的未來。”

Yet, financial experts like Mark Zandi, chief economist at Moody's Analytics, remain unconvinced. He describes the bill as a "risky proposition" that could destabilize the state's finances.

然而，穆迪（Moody's Analytics）的首席經濟學家馬克·贊迪（Mark Zandi）等財務專家仍然不相信。他將該法案描述為一種“冒險的主張”，可能破壞該州的財務狀況。

"I think it's a bad idea. Bitcoin is an incredibly risky asset, and it's not clear that the state of West Virginia can afford to take on that risk," Zandi remarked.

贊迪說：“我認為這是一個壞主意。比特幣是一項極具風險的資產，尚不清楚西弗吉尼亞州能夠承受這種風險。”

As the House prepares to vote on the bill, the coming weeks will be crucial in determining whether West Virginia will become a pioneer in state-backed Bitcoin reserves or whether this move will backfire in the face of regulatory scrutiny and price volatility.

當眾議院準備對該法案進行投票時，未來幾週對於確定西弗吉尼亞州是否將成為州支持的比特幣儲備的先驅，或者這一舉動是否會在面對監管審查和價格波動的情況下適得其反。

Bitfarms Secures $300 Million Loan for HPC Pivot After Halving Weighs on Miners

Bitfarms在減半後對HPC Pivot的3億美元貸款對礦工進行了重量

Bitfarms在減半後對HPC Pivot的3億美元貸款對礦工進行了重量

In a staggering development, Bitcoin mining firm Bitfarms has secured a $300 million loan from Macquarie Group to develop its Panther Creek HPC data center and pivot from traditional mining to AI infrastructure.

在一個驚人的開發中，比特幣採礦公司Bitfarms從Macquarie Group獲得了3億美元的貸款，以開發其Panther Creek HPC數據中心，並從傳統採礦到AI基礎設施。

This move comes amid shrinking Bitcoin mining profitability post-halving, forcing miners to diversify revenue streams. With AI-driven computing emerging as the next gold rush, Bitfarms is positioning itself at the forefront.

這一舉動是在持久後縮小比特幣採礦盈利能力的情況下，迫使礦工多樣化的收入來源。隨著下一個淘金熱的出現，AI驅動的計算出現了，Bitfarms將自己定位在最前沿。

Panther Creek will offer nearly 500 megawatts of capacity, attracting AI firms and cloud computing clients seeking high-performance data processing solutions.

Panther Creek將提供近500兆瓦的能力，吸引AI公司和雲計算客戶尋求高性能數據處理解決方案的客戶。

This pivot highlights a broader industry trend, with miners retooling their GPU infrastructure to cater to the surging demand for AI workloads. Companies like Hive Digital (NASDAQ:HIVE) and Core Scientific (NYSE:CORE) are already integrating AI services into their operations, signaling that the intersection of blockchain and artificial intelligence is just beginning.

這種樞紐凸顯了更廣泛的行業趨勢，礦工重新裝修了其GPU基礎設施，以滿足對AI工作量的需求。像Hive Digital（NASDAQ：HIVE）和Core Scientific（NYSE：CORE）這樣的公司已經將AI服務集成到其運營中，這表明區塊鍊和人工智能的交集才剛剛開始。

However, regulatory hurdles could delay Bitfarms' expansion plans, and securing energy infrastructure approvals might take years.

但是，監管障礙可能會延遲Bitfarms的擴張計劃，並確保能源基礎設施批准可能需要數年。

Despite these challenges, Bitfarms is consolidating its resources to focus on the booming AI market. The company recently acquired Stronghold Digital Mining and sold its Paraguay site as part of this strategy.

儘管面臨這些挑戰，但Bitfarms仍在整合其資源，以專注於蓬勃發展的AI市場。該公司最近收購了據點數字採礦，並作為此策略的一部分出售了巴拉圭網站。

Overall, both West Virginia's Bitcoin bill and Bitfarms' AI pivot highlight a broader push for financial evolution through digital assets. While one involves state-level adoption and regulatory battles, the other showcases the adaptability of private firms navigating an ever-changing industry.

總體而言，西弗吉尼亞州的比特幣法案和Bitfarms的AI樞紐都強調了通過數字資產的更廣泛的推動。雖然一種涉及州級的採用和監管鬥爭，但另一個展示了私營公司在不斷變化的行業中的適應性。

Both moves are undeniably bold and it remains to be seen

這兩個舉動都無可否認是大膽的，還有待觀察