主權國家推動比特幣算力飆升

Marathon Digital Holdings 執行長 Fred Thiel 暗示主權國家可能參與比特幣哈希率的飆升，暗示這些國家可能出於利潤之外的原因開採比特幣，可能是為了確保其貨幣儲備。這個有趣的觀點表明，哈希率的增加可能不僅由商業實體驅動，還受到地緣政治考慮的推動。

Sovereign Nations Fuel Bitcoin's Meteoric Hash Rate Surge: Industry Expert Insights

主權國家推動比特幣算力飆升：產業專家見解

The Bitcoin network has witnessed an unprecedented surge in its hash rate, a critical metric indicative of the computing power dedicated to processing transactions and maintaining the blockchain's integrity. According to the latest data from Glassnode, the 7-day moving average hash rate has skyrocketed to an impressive 620 EH/s, approaching all-time highs.

比特幣網路的哈希率出現了前所未有的飆升，這是一個關鍵指標，表明專用於處理交易和維護區塊鏈完整性的運算能力。根據Glassnode的最新數據，7天移動平均算力已飆升至令人印象深刻的620 EH/s，接近歷史新高。

This remarkable increase in hash rate signifies a growing computational power securing the Bitcoin network. Notably, the upcoming difficulty adjustment, scheduled for April 10, is projected to exceed 3%, further emphasizing the heightened computational power safeguarding the network. This adjustment precedes the much-anticipated Bitcoin halving event slated for April 20, where miners' block rewards will be halved by 50%.

哈希率的顯著增長意味著保護比特幣網路的運算能力不斷增強。值得注意的是，定於 4 月 10 日進行的難度調整預計將超過 3%，進一步強調了保護網路的運算能力的增強。這項調整是在 4 月 20 日備受期待的比特幣減半事件之前進行的，屆時礦工的區塊獎勵將減半 50%。

In a thought-provoking interview on Anthony Pompiliano's podcast, Marathon Digital Holdings CEO Fred Thiel shared his insightful perspective on the hash rate surge. Thiel postulates that sovereign nations are actively contributing to this global upswing, a development with potentially profound implications.

在 Anthony Pompiliano 播客的一次發人深省的採訪中，Marathon Digital Holdings 執行長 Fred Thiel 分享了他對哈希率激增的深刻見解。蒂爾認為，主權國家正在積極為全球經濟成長做出貢獻，而這項發展具有潛在的深遠影響。

"Sovereign nations seeking entry into Bitcoin mining are initially motivated by financial considerations but ultimately prioritize cash reserves and treasury management," Thiel explained. He further noted that these entities are willing to engage in mining even with potentially lower profits, in contrast to businesses primarily focused on profit generation from Bitcoin mining.

蒂爾解釋說：“尋求進入比特幣挖礦的主權國家最初是出於財務考慮，但最終會優先考慮現金儲備和財務管理。”他進一步指出，即使利潤可能較低，這些實體也願意參與挖礦，這與主要專注於比特幣挖礦產生利潤的企業形成鮮明對比。

CryptoSlate's analysis offers a compelling perspective, highlighting the possibility of a hash rate correction following the halving event due to older miners becoming unprofitable and disconnecting from the network. However, if a significant correction fails to materialize, it could be attributed to sovereign nations engaging in mining without profitability concerns, potentially leveraging their access to abundant and inexpensive renewable energy sources.

CryptoSlate 的分析提供了令人信服的觀點，強調了由於舊礦工變得無利可圖並與網路斷開連接而導致減半事件後哈希率修正的可能性。然而，如果重大調整未能實現，則可能是由於主權國家在沒有盈利能力擔憂的情況下從事採礦業，從而可能利用其獲得豐富且廉價的可再生能源的機會。

Furthermore, the proliferation of application-specific integrated circuits (ASICs) designed specifically for Bitcoin mining has contributed to the increasing hash rate. These specialized devices offer superior computational efficiency compared to traditional CPUs or GPUs, further boosting the network's processing power.

此外，專為比特幣挖礦設計的專用積體電路（ASIC）的激增也促進了哈希率的提高。與傳統 CPU 或 GPU 相比，這些專用設備可提供卓越的運算效率，進一步提升網路的處理能力。

Sovereign nations' involvement in Bitcoin mining aligns with the growing acceptance of cryptocurrencies as legitimate investment assets. El Salvador's adoption of Bitcoin as legal tender in 2021 marked a pivotal moment, signaling a shift in the global perception of digital currencies. Since then, other nations have explored the potential benefits of Bitcoin and blockchain technology, with some considering establishing national digital currencies.

主權國家參與比特幣挖礦與人們日益接受加密貨幣作為合法投資資產是一致的。薩爾瓦多於 2021 年採用比特幣作為法定貨幣標誌著一個關鍵時刻，標誌著全球對數位貨幣看法的轉變。從那時起，其他國家就探索了比特幣和區塊鏈技術的潛在好處，其中一些國家考慮建立國家數位貨幣。

The surge in Bitcoin's hash rate reflects the growing confidence in the network's security and resilience. As sovereign nations embrace Bitcoin and blockchain technology, the cryptocurrency ecosystem is poised for further expansion and mainstream adoption. The upcoming halving event, coupled with the increasing involvement of sovereign nations, underscores Bitcoin's maturation and its potential to reshape global finance and economic systems.

比特幣哈希率的飆升反映出人們對網路安全性和彈性的信心不斷增強。隨著主權國家擁抱比特幣和區塊鏈技術，加密貨幣生態系統有望進一步擴張和主流採用。即將到來的減半事件，加上主權國家越來越多的參與，凸顯了比特幣的成熟及其重塑全球金融和經濟體系的潛力。