Canaccord Genuity 表示，比特币 (BTC) 挖矿今年可能会保持盈利

该经纪人表示，挖矿基本面强劲，“对于大多数领先参与者来说，每比特币的挖矿成本约为 26,000 美元至 28,000 美元。”

Bitcoin (BTC) mining is set to remain profitable in 2025, thanks to favorable economics of production, according to a research report by Canaccord Genuity on Tuesday.

Canaccord Genuity 周二发布的一份研究报告显示，由于生产经济效益良好，比特币 (BTC) 挖矿将在 2025 年保持盈利。

The broker noted strong mining fundamentals, with "cost-to-mine sitting somewhere in the ~$60,000-$64,000 range per bitcoin for most leading players."

该经纪人指出，挖矿基本面强劲，“对于大多数领先参与者来说，每比特币的挖矿成本约为 60,000 美元至 64,000 美元。”

At press time, the world's largest cryptocurrency was trading at around $220,000.

截至发稿时，全球最大的加密货币交易价格约为 22 万美元。

Meanwhile, there's increasing management and investor focus on alternative uses for these companies' sizable power supplies, particularly in artificial intelligence (AI) data center hosting.

与此同时，管理层和投资者越来越关注这些公司规模庞大的电源的替代用途，特别是在人工智能 (AI) 数据中心托管方面。

Bitcoin miner Core Scientific (CORZ) inked a 12-year contract with AI hyperscaler CoreWeave in June last year, a deal that was seen as a game changer for the sector.

去年 6 月，比特币矿商 Core Scientific (CORZ) 与人工智能超大规模提供商 CoreWeave 签署了一份为期 12 年的合同，这笔交易被视为该行业的游戏规则改变者。

"Early demand forecasts point toward AI dwarfing the traditional cloud hosting market over time," wrote analysts led by Joseph Vafi.

以 Joseph Vafi 为首的分析师写道：“早期需求预测表明，随着时间的推移，人工智能将使传统云托管市场相形见绌。”

More co-hosting deals are expected to be announced early this year, with potential news from Galaxy Digital (GLXY) and Applied Digital (APLD), the report noted.

报告指出，随着 Galaxy Digital (GLXY) 和 Applied Digital (APLD) 的潜在消息，预计今年年初将宣布更多联合主办交易。

Many of the larger publicly traded miners are also using their access to capital to upgrade their fleets following last April's reward halving event, which is boosting their competitive position and share of the network hashrate, Canaccord added.

Canaccord 补充道，继去年 4 月奖励减半事件之后，许多大型上市矿商也利用其获得的资金来升级其矿机，这提高了它们的竞争地位和网络算力份额。

The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain and serves as a proxy for competition in the industry and mining difficulty.

哈希率是指用于在工作量证明区块链上挖掘和处理交易的总算力，并作为行业竞争和挖矿难度的指标。