十一月美國大選之後，多黴素價格的上漲非常強勁，以至於採礦產品提供商無法跟上需求。

總部位於中國的Intchains Group提供了Altcoin採礦產品並收購了以太坊的加密貨幣，並於週四下午報告了全年收益結果。

The U.S. presidential elections in November 2024 had an unexpected impact on the cryptocurrency market, particularly on Dogecoin, leading to such high demand for mining products that one provider couldn't keep up.

2024年11月，美國總統大選對加密貨幣市場產生了意想不到的影響，尤其是對Dogecoin的影響，導致對採礦產品的需求很高，因此一個提供商無法跟上。

China-based Intchains Group (AD: ICG), which provides altcoin mining products and cryptocurrency, reported full-year earnings results Thursday afternoon. The company reported non-GAAP adjusted net income of $8.3 million for the year on revenue of $38.6 million, up 242.7% from the prior year.

總部位於中國的Intchains Group（AD：ICG）提供了Altcoin採礦產品和加密貨幣，在周四下午報告了全年收益結果。該公司報告的年度非GAAP調整後的淨收入為830萬美元，收入為3860萬美元，比上一年增長了242.7％。

The company also sold 2,681,500 units of ASIC chips in 2024, an 84% year-over-year increase. Of that, 1,705,408 units were sold in the fourth quarter, up significantly from the prior-year quarter's 423,040 units.

該公司還在2024年出售了2,681,500輛ASIC芯片，同比增長84％。其中，第四季度售出了1,705,408個單位，比去年季度的423,040輛售出。

“The cryptocurrency market showed strong performance in Q4 2024, with growing optimism from major financial institutions about its prospects for 2025," Qiang Ding, CEO and board chairman, said in a press release. “Riding this momentum, Dogecoin saw solid price growth during the quarter. As a leading supplier of Dogecoin mining machines, the Company also delivered satisfactory operational results in Q4 2024.”

“加密貨幣市場在第四季度2024年表現出強勁的表現，主要金融機構對2025年的前景的樂觀情緒越來越樂觀，”首席執行官兼董事長Qiang ding在新聞稿中說：“在這一勢頭上，DogeCoin在該季度中穩定的價格增長了。作為季度的穩定價格。

In fact, the demand for Dogecoin mining rigs rose so strongly in the weeks following President Donald Trump's victory that Intchains initially underestimated the extent of that demand and found itself scrambling to fill the incoming orders for its rigs.

實際上，在唐納德·特朗普（Donald Trump）的勝利之後的幾週內，對狗狗銷售鑽機的需求越來越強烈，該鑽機最初低估了該需求的程度，並發現自己爭先恐後地填補了其鑽機的傳入命令。

"As a result, a meaningful portion of the orders that the company received for Dogecoin miners during 4Q24 was not fulfilled until 1Q25, with the impact of these orders seen in the $5.1m of contract liabilities on its year-end 2024 balance sheet," Benchmark equity analysts Mark Palmer wrote in a note to clients.

“結果，該公司在4q24期間為Dogecoin礦工收到的有意義的部分直到2000年第1季度才履行，而這些訂單在510萬美元的合同債務中的影響是其年終的2024年資產負債表，” Benchmark Equity分析師Mark Mark Palmer在給客戶的註釋中寫道。

Shortly after winning the election, Trump announced Elon Musk would lead the Department of Government Efficiency, or DOGE, which was later made official on Jan. 20, 2025.

贏得選舉後不久，特朗普宣布，埃隆·馬斯克（Elon Musk）將領導政府效率部或門檻，後來於2025年1月20日被正式宣布。

After trading around the $0.15 area, that Nov. 12 announcement led to a spike in Dogecoin's price to a high of just above $0.47 and helped push the token's market cap past $60 billion. Dogecoin has since dropped 40% over the past three months and trades around $20 at publication time, according to The Block's DOGE price data.

在售價約0.15美元的地區之後，11月12日的公告導致Dogecoin的價格高達略高於0.47美元，並幫助將令牌的市值推高了600億美元。此後，Dogecoin在過去三個月中下降了40％，根據該街區的Doge Price數據，在出版時交易約20美元。

"The upshot is that ICG, which during 4Q24 posted revenue of $10.2m (up 109% y/y), is well positioned to report a healthy sequential jump in its top line when it releases its 1Q25 results a few months hence," Palmer said.

帕爾默說：“結果是，在4Q24期間，ICG的收入為10020萬美元（增長109％/y），在幾個月後釋放其1q25結果時，在其最高點上有一個健康的依次跳躍。”

As of Dec. 31, 2024, the fair value of Intchains Group's cryptocurrency assets other than stablecoins was $20.4 million, primarily comprised of approximately 5,702 ETH-based cryptocurrencies. The company also anticipates "significant contributions" from its new AE BOX series of mining rigs for Aleo (ALEO), the native cryptocurrency of the Aleo blockchain, which it launched on Feb. 7.

截至2024年12月31日，Intchains集團除Stablecoins以外的加密貨幣資產的公允價值為2040萬美元，主要由約5,702個基於ETH的加密貨幣組成。該公司還預計，其新的AE Box系列採礦鑽機（Aleo）（Aleo）（ALEO）是Aleo區塊鏈的本地加密貨幣（Aleo）的“重大貢獻”，該鑽機於2月7日推出。

"Management noted that a user of one of its Aleo mining rigs could expect to generate a daily profit of $15-20, a return that compares favorably to the less than $10 in daily profit currently generated by most bitcoin miners," Palmer said. "Given the many crypto miners who gravitate to the tokens and rigs that provide the best returns, management said Aleo mining’s profitability had already been driving strong demand for ICG’s rig."

帕爾默說：“管理層指出，其ALEO礦業鑽機之一的用戶可能會預期產生的每日利潤為15-20美元，這一收益比大多數比特幣礦工當前產生的每日利潤不到10美元。” “鑑於許多加密礦工傾向於提供最佳回報的令牌和鑽機，管理層表示，Aleo Mining的盈利能力已經在推動了對ICG鑽機的強勁需求。”

Benchmark reiterated a "buy" rating on Intchains's stock with a price target of $11. The stock traded at $3.79 per share and had a $227 million market cap as of publication time, according to The Block's ICG price data.

Benchmark重申了對Intchains股票的“買入”評級，目標價為11美元。根據該公司的ICG價格數據，該股票以每股3.79美元的價格交易，截至出版時間為2.27億美元。