Nicehash 和數位挖礦解決方案展示了 2024 年比特幣挖礦行業前所未有的成長

2024 年，比特幣挖礦業務經歷了驚人的成長，到年底網路算力峰值達到每秒 808 exahash (EH/s)

Bitcoin mining reached historic milestones in 2024, but it also faced significant challenges, according to an extensive report sponsored by Nicehash and authored by Digital Mining Solutions and Bitcoinminingstock.io.

根據由 Nicehash 贊助、Digital Mining Solutions 和 Bitcoinminingstock.io 撰寫的一份詳盡報告，比特幣挖礦在 2024 年達到了歷史性里程碑，但也面臨重大挑戰。

The comprehensive study sheds light on unprecedented network expansion, advancements in hardware efficiency, and major economic transitions.

這項綜合研究揭示了前所未有的網路擴張、硬體效率的進步以及重大經濟轉型。

Bitcoin’s hashrate reached 808 exahash per second (EH/s) by year-end, with miners contributing nearly 300 EH/s to the network—surpassing all previous records. However, this rapid growth came with challenges.

到年底，比特幣的算力達到每秒 808 exahash (EH/s)，礦工向網路貢獻了近 300 EH/s，超越了之前的所有記錄。然而，這種快速成長也帶來了挑戰。

The fourth bitcoin halving event in April reduced the block subsidy from 6.25 BTC to 3.125 BTC, putting considerable pressure on miners' profitability.

4 月第四次比特幣減半事件將區塊補貼從 6.25 BTC 減少至 3.125 BTC，給礦工的獲利帶來了不小的壓力。

Bitcoin's price crossed the $100,000 threshold in 2024, closing the year at $93,400—an increase of 121.3% from January. This surge brought its market capitalization to $2 trillion, outpacing silver and making bitcoin the seventh-largest global asset.

比特幣的價格在 2024 年突破 10 萬美元大關，年底達到 93,400 美元，較 1 月增長 121.3%。這一飆升使其市值達到 2 兆美元，超過白銀，使比特幣成為全球第七大資產。

Despite this rally, mining economics were strained post-halving. The hashprice—a metric reflecting miners' revenue—dropped to a record low of $38 per petahash per day (PH/day) before rebounding to $55 PH/day by December.

儘管出現這種反彈，但減半後礦業經濟仍然緊張。哈希價格（反映礦工收入的指標）跌至每天每 petahash（PH/天）38 美元的歷史新低，然後在 12 月反彈至 55 美元/天。

Key Takeaways from the Bitcoin Mining Report

比特幣挖礦報告的主要要點

Transaction fees spiked during the halving, accounting for 139.8% of block rewards on April 19. While this temporarily offset miners' revenue declines, the drop in hashprice highlighted the sector's vulnerabilities.

減半期間交易費用飆升，佔 4 月 19 日區塊獎勵的 139.8%。

The ASIC (application-specific integrated circuit) hardware market saw the release of 30 new models in 2024, with a focus on hydro-cooling and standardized designs. However, network efficiency plateaued due to deployment delays.

ASIC（專用積體電路）硬體市場將在 2024 年發布 30 個新型號，重點是水冷和標準化設計。然而，由於部署延遲，網路效率陷入停滯。

The Bitmain Antminer S21 series, for instance, represented just 4.1% of the network by year-end, with tangible efficiency improvements anticipated in 2025.

例如，截至年底，比特大陸 Antminer S21 系列僅佔網路的 4.1%，預計到 2025 年將實現實際的效率提升。

Falling ASIC prices mirrored broader market challenges. Mid-generation machines with efficiency levels between 25 and 38 joules per terahash (J/T) lost up to 97.5% of their value, underscoring the difficulties faced by hosting-based miners.

ASIC 價格下跌反映了更廣泛的市場挑戰。效率水準在 25 至 38 焦耳每太拉哈希 (J/T) 之間的中代機器損失了高達 97.5% 的價值，凸顯了基於託管的礦工所面臨的困難。

The United States remained the leading bitcoin mining hub, commanding 38% of global hashrate. At the same time, emerging regions like Ethiopia and South America gained momentum by harnessing renewable energy.

美國仍是領先的比特幣挖礦中心，佔全球算力的 38%。同時，埃塞俄比亞和南美等新興地區透過利用再生能源獲得了動力。

Ethiopia, driven by hydropower, contributed 2.5% to global hashrate—a development highlighted in the report.

衣索比亞在水力發電的推動下，為全球算力貢獻了 2.5%——報告中強調了這一發展。

Miners also explored new frontiers, diversifying into high-performance computing (HPC) and artificial intelligence (AI). U.S.-based operations began repurposing mining facilities for AI workloads to mitigate inconsistent mining returns.

礦工也探索新領域，涉足高效能運算（HPC）和人工智慧（AI）領域。總部位於美國的公司開始重新利用採礦設施來處理人工智慧工作負載，以減少採礦回報不一致的情況。

The Digital Mining Solutions and Bitcoinminingstock.io report anticipates further growth propelled by technological innovation and strategic diversification. As bitcoin mining evolves, operators must prioritize adaptability and resilience to contend with economic challenges and regulatory complexities.

數位採礦解決方案和 Bitcoinminingstock.io 報告預計，技術創新和策略多元化將推動進一步成長。隨著比特幣挖礦的發展，營運商必須優先考慮適應性和彈性，以應對經濟挑戰和監管複雜性。