華爾街比特幣礦工獲利能力在 12 月反彈中飆升

12 月份，加密貨幣挖礦產業的經濟出現了顯著改善，挖礦獲利能力達到七個月以來的最高水準。哈希價格是公開上市的華爾街比特幣礦商每日獲利能力的關鍵指標，自 11 月底以來上漲了 5%。

After a seven-month low in November, crypto mining profitability surged in December due to a rally in major cryptocurrencies.

在 11 月觸及七個月低點後，由於主要加密貨幣的上漲，加密貨幣挖礦獲利能力在 12 月大幅上升。

Bitcoin has climbed 40% since early November, reaching historic highs above $107,000, while altcoins, such as the BGB utility token, have soared by 120% this December.

自 11 月初以來，比特幣已上漲 40%，達到 107,000 美元以上的歷史高位，而 BGB 實用代幣等山寨幣今年 12 月已飆升 120%。

The hashprice, a key metric for daily profitability of the publicly listed Wall Street Bitcoin Miners, has increased by 5% since November's end.

哈希價格是公開上市的華爾街比特幣礦商每日獲利能力的關鍵指標，自 11 月底以來已上漲 5%。

"We note miners earned about $57,300 in daily block reward revenue per EH/s over the first two weeks of December," wrote Reginald Smith and Charles Pearce, analysts at JPMorgan, in a Monday note to clients.

摩根大通分析師雷金納德·史密斯和查爾斯·皮爾斯在周一給客戶的報告中寫道：「我們注意到，12 月的前兩週，礦工每EH/s 的每日區塊獎勵收入約為57,300 美元。

Bitcoin miners have significantly reduced their holdings, selling over 140,000 BTC (valued at $13.72 billion) in December. This has decreased their total holdings from 2.08 million to 1.95 million BTC. Despite this substantial sell-off, Bitcoin's price has remained resilient, experiencing only minor pullbacks.

比特幣礦商大幅減持，12 月出售了超過 14 萬個比特幣（價值 137.2 億美元）。這使得他們的總持有量從 208 萬枚減少至 195 萬枚。儘管遭到大幅拋售，比特幣的價格仍然保持彈性，僅經歷了小幅回檔。

So far in December, #Bitcoin miners have sold over 140,000 $BTC, totaling $13.72 billion! pic.twitter.com/1g3sCo6uJM

12 月到目前為止，#Bitcoin 礦工已售出超過 14 萬美元 BTC，總計 137.2 億美元！ pic.twitter.com/1g3sCo6uJM

Moreover, eight Wall Street miners reported lower BTC production in November, as the rising mining difficulty levels posed challenges for miners.

此外，八家華爾街礦商報告 11 月 BTC 產量下降，因為採礦難度的上升給礦商帶來了挑戰。

For instance, as Bitcoin was also testing its all-time highs in November, eight Wall Street miners reported lower BTC production. Despite these miners continuously expanding their mining capacity, the increasing difficulty level makes it harder to boost output. The higher the “difficulty” metric, the more computing power is required to extract the same amount of cryptocurrency.

例如，由於比特幣也在 11 月測試其歷史高點，八家華爾街礦商報告比特幣產量下降。儘管這些礦工不斷擴大挖礦能力，但難度的增加使得提高產量變得更加困難。 「難度」指標越高，提取相同數量的加密貨幣所需的運算能力就越強。

The primary driver behind the selling appears to be covering regular operational expenses, including electricity bills and other running costs. The selling has been steady rather than panic-driven, suggesting a calculated approach to maintaining operations.

出售背後的主要驅動力似乎是支付常規營運費用，包括電費和其他營運成本。拋售一直穩定，而非恐慌驅動，這表明維持運作的方法是經過深思熟慮的。

Moreover, with Bitcoin reaching new all-time highs above $107,000, miners are likely capitalizing on favorable market conditions to secure profits. This timing allows them to maximize returns on their mined assets.

此外，隨著比特幣達到 107,000 美元以上的歷史新高，礦商可能會利用有利的市場條件來獲取利潤。這個時機使他們能夠最大限度地提高開採資產的回報。

Not everyone is selling their Bitcoins, though. An increasing number of publicly listed Wall Street Bitcoin miners are choosing to issue bonds or other debt instruments to raise additional funds and build up their BTC reserves.

不過，並不是每個人都在賣比特幣。越來越多的華爾街上市比特幣礦商選擇發行債券或其他債務工具來籌集額外資金並建立比特幣儲備。

For example, on Monday, Riot Platform purchased an additional 667 BTC at an average price of $101,135. As a result, it now holds 17,429 BTC in its vault.

例如，週一，Riot 平台以平均價格 101,135 美元額外購買了 667 個 BTC。因此，它的金庫中現在持有 17,429 BTC。

With the additional proceeds from Riot’s upsized $594 million, 0.75% coupon convertible bond issue, the Company has acquired 667 BTC at an average price of $101,135 per BTC. As a result, Riot has increased its holdings to 17,429 BTC, currently valued at $1.8 billion based on the… pic.twitter.com/t68Uy8nbHU

借助 Riot 發行 5.94 億美元、票面利率 0.75% 的可轉換債券的額外收益，該公司以每 BTC 101,135 美元的平均價格收購了 667 BTC。因此，Riot 將其持有量增加至 17,429 BTC，目前價值 18 億美元，基於… pic.twitter.com/t68Uy8nbHU

By comparison, El Salvador, the first country to make BTC its official legal tender, has accumulated just under 6,000 BTC.

相較之下，第一個將 BTC 作為官方法定貨幣的國家薩爾瓦多已累積了近 6,000 個 BTC。