比特币 (BTC) 网络算力创下 1000 EH/s 的历史新高，反映出机构兴趣的上升

比特币网络的哈希率于 1 月 3 日创下历史新高，短暂达到每秒 1,000 exahashes (EH/s)。

Bitcoin's network hashrate reached a record high on Jan 3, briefly hitting 1,000 exahashes per second (EH/s), data from CoinWarz showed. This is up from the 510 EH/s recorded in January 2024. At press time, the hashrate has settled around 780 EH/s.

CoinWarz 的数据显示，比特币的网络算力在 1 月 3 日创下历史新高，一度达到每秒 1,000 exahashes (EH/s)。这高于 2024 年 1 月记录的 510 EH/s。截至发稿时，算力稳定在 780 EH/s 左右。

The hashrate, a measure of the computational power dedicated to the Bitcoin network by miners, serves as a key indicator of the blockchain's health and security. As more miners join the network, they collectively increase the hashrate, making it more difficult for bad actors to manipulate the blockchain.

哈希率是衡量矿工专用于比特币网络的计算能力的指标，是区块链健康和安全的关键指标。随着越来越多的矿工加入网络，他们共同提高了算力，使不良行为者更难操纵区块链。

Bitcoin miners have continued to expand their operations despite the April halving, which saw the mining reward decrease from 6.25 BTC to 3.125 BTC per block. Several mining companies, such as Riot Platforms and CleanSpark, increased their production capacity to maintain profitability.

尽管 4 月份减半，挖矿奖励从每个区块 6.25 BTC 降至 3.125 BTC，但比特币矿工仍在继续扩大运营。 Riot Platforms 和 CleanSpark 等多家矿业公司提高了产能以维持盈利能力。

A Dec 10 report by JPMorgan noted that some miners acquired turnkey facilities to quickly boost their hashrate and secure reliable power supplies. Moreover, many mining companies focused on adding Bitcoin to their balance sheets, contributing to their long-term strategies.

摩根大通 12 月 10 日的一份报告指出，一些矿商购买了交钥匙设施，以快速提高算力并确保可靠的电力供应。此外，许多矿业公司专注于将比特币添加到其资产负债表中，为其长期战略做出贡献。

Major miners, including Marathon, Riot Platforms, and CleanSpark, hold Bitcoin treasuries valued at around $4.4 billion, $1.7 billion, and $910 million, respectively, according to BitcoinTreasuries.net.

根据 BitcoinTreasuries.net 的数据，Marathon、Riot Platforms 和 CleanSpark 等主要矿商持有的比特币国债价值分别约为 44 亿美元、17 亿美元和 9.1 亿美元。

The increasing Bitcoin hashrate also aligns with the rising institutional interest in the cryptocurrency market. As of November, Bitcoin exchange-traded funds (ETFs) had surpassed $100 billion in net assets, according to data from Bloomberg Intelligence.

比特币算力的增加也与机构对加密货币市场兴趣的增加相一致。根据 Bloomberg Intelligence 的数据，截至 11 月，比特币交易所交易基金 (ETF) 的净资产已超过 1000 亿美元。

Sygnum, an asset manager, highlighted the importance of a secure Bitcoin network as more institutional capital flows into cryptocurrency. Improved regulatory clarity in the United States has further encouraged large investors, such as pension funds and sovereign wealth funds, to include Bitcoin in their portfolios.

资产管理公司 Sygnum 强调了随着越来越多的机构资本流入加密货币，安全的比特币网络的重要性。美国监管透明度的提高进一步鼓励养老基金和主权财富基金等大型投资者将比特币纳入其投资组合。

Bitcoin mining companies have seen adjusted valuations as they expand their operations and hold valuable assets. According to JPMorgan, the miners' power assets and Bitcoin treasuries contributed significantly to their value.

随着比特币矿业公司扩大业务并持有有价值的资产，它们的估值也发生了调整。摩根大通表示，矿商的电力资产和比特币国债对其价值做出了重大贡献。

For instance, MicroStrategy traded at a 2.4x multiple of its Bitcoin holdings' value as of December 10, showcasing the role of BTC assets in shaping market valuations.

例如，截至 12 月 10 日，MicroStrategy 的交易价格是其持有的比特币价值的 2.4 倍，展示了 BTC 资产在影响市场估值方面的作用。