在微软取消计划投资新的AI数据中心之后，比特币（BTC）采矿股下降

据报道，科技巨头微软报废了在美国和欧洲投资新的人工智能数据中心的计划之后，比特币（BTC）采矿股已下降

Tech giant Microsoft has reportedly scrapped plans to invest in new artificial intelligence data centers in the US and Europe, citing a potential oversupply, according to a report by Bloomberg on Tuesday.

据彭博社周二的一份报告显示，据报道，科技巨头微软已经取消了计划在美国和欧洲投资新的人工智能数据中心的计划，并引用了潜在的过度供应。

Following the news, Bitcoin BTCUSD mining stocks came under pressure, with shares of Bitfarms, CleanSpark, Core Scientific, Hut 8, Marathon Digital and Riot dropping between 4% and 12% in tandem.

新闻之后，比特币BTCUSD采矿股受到压力，Bitfarms，CleanSpark，Core Scientific，Hut 8，Marathon Digital和Riot的股份在串联中下降了4％至12％。

As investors anticipated the cuts to Microsoft’s data center plans, Benchmark stock analyst Mark Palmer agreed that the move could affect miners. In his view, the share price pullback "appears to be driven more by stagnation in the price of bitcoin than any other factor, potentially combined with investor fatigue settling over the space as mining difficulty remains near record levels."

正如投资者预计微软数据中心计划的削减一样，基准股票分析师马克·帕尔默（Mark Palmer）同意，此举可能会影响矿工。他认为，股价下跌“似乎比比特币价格停滞更多的比其他因素的驱动，可能会加上投资者的疲劳在整个领域的疲劳，因为采矿难度仍然接近创纪录的水平。”

"The anticipation of Microsoft cutting back on cloud investments could also factor into the share price decline, but this appears to be less of a concern for investors in the aggregate as it was a factor that analysts had been following closely for some time."

“对微软削减云投资的预期也可能导致股价下跌，但这似乎不太关心总体投资者，因为这是分析师在一段时间内密切关注的一个因素。”

The analysis comes as crypto miners are diversifying into AI data-center hosting. For instance, Core Scientific pledged 200 megawatts of hardware capacity to support CoreWeave's artificial intelligence workloads in June.

分析是因为加密矿工正在多元化为AI数据中心托管。例如，核心科学承诺在6月支持CoreWeave的人工智能工作负载200兆瓦的硬件能力。

In August, asset manager VanEck said Bitcoin mining stocks could collectively see a roughly $37 billion bump to market capitalizations if they invest heavily in supporting AI.

资产经理瓦内克（Vaneck）在8月份表示，如果比特币矿业股票在支持AI方面进行大量投资，则可以集体看到大约370亿美元的市值。

However, miners have struggled this year as declining crypto prices are adding pressure to businesses already impacted by April's halving, according to JPMorgan. And now, it seems that demand for AI data centers is also slowing.

但是，由于加密货币价格下跌，矿工在今年苦苦挣扎，这给已经受4月份减半影响的企业增加了压力。而现在，对A​​I数据中心的需求似乎也在放缓。

Cutting back on compute

削减计算

On Tuesday, analysts at TD Cowen said that Microsoft had abandoned plans to build several new data centers that would have generated around 2 gigawatts of power, according to Bloomberg.

据彭博社报道，周二，TD Cowen的分析师说，微软已经放弃了建立几个新数据中心的计划，这些数据中心将产生约2吉瓦的权力。

The analysts attributed Microsoft's pullback to a perceived oversupply of computing capacity for AI models, as well as the tech giant's decision to forgo some planned collaborations with ChatGPT maker OpenAI.

分析师将微软的回调归因于对AI模型的计算能力的过度供应，以及技术巨头决定放弃与Chatgpt Maker Openai的一些计划合作的决定。

Over the past six months, Microsoft has canceled various data center leases and postponed plans to bring onboard more capacity, according to Bloomberg.

据彭博社报道，在过去的六个月中，微软取消了各种数据中心租赁，并推迟了带有更多容量的计划。

Moreover, anticipation of a pivot by the tech giant to focus on smaller, more modular data centers also appears to be winding down, the report stated.

报告说，此外，技术巨头对关注较小，更模块化的数据中心的枢纽的期望似乎也逐渐消失。

These modular data centers were designed to be deployed rapidly and scaled according to demand, but it seems that the need for swift expansion has since decreased, according to the analysis.

根据分析，这些模块化数据中心被设计为迅速部署并根据需求进行缩放，但是根据分析，对快速扩张的需求似乎有所下降。

The investments are expected to slow further in the second half of 2025 as the company finishes $80 billion in planned buildouts and pivots to outfitting existing centers with hardware and equipment, Bloomberg said.

彭博社说，由于该公司完成了800亿美元的计划中的建筑物和枢轴，预计投资将在2025年下半年进一步放缓。