比特币减半：随着竞争加剧，矿商增加销售

第四次比特币减半事件预计将在接下来的两周内发生，这将在比特币生态系统中引发重大活动。矿商正在出售大量持有的加密货币，以利用减半前价格上涨的机会。竞争加剧和交易费用降低也促使矿工清算其持有的比特币，导致场外交易激增。减半会减少矿工的区块奖励，预计将进一步加剧这些趋势。

Bitcoin Halving: Miners Ramp Up Sales, Competition Intensifies

比特币减半：矿工增加销售，竞争加剧

The much-anticipated fourth Bitcoin halving event, scheduled to occur within the next fortnight, has sent shockwaves through the Bitcoin ecosystem. As this momentous change looms large, bitcoin miners have embarked on a significant sell-off of their cryptocurrency holdings.

备受期待的第四次比特币减半事件预计将在未来两周内发生，这给比特币生态系统带来了冲击。随着这一重大变化的显现，比特币矿商已开始大幅抛售其持有的加密货币。

This surge in selling activity stems from a confluence of factors. Firstly, miners are eager to capitalize on the rising BTC prices that have accompanied the impending halving. Data from on-chain analytics firm CryptoQuant reveals that miners are offloading over 160,000 BTC daily over-the-counter, a volume not seen since August 2023.

销售活动的激增源于多种因素的综合作用。首先，矿商渴望利用即将到来的减半带来的比特币价格上涨。链上分析公司 CryptoQuant 的数据显示，矿工每天在场外抛售超过 160,000 枚 BTC，这一数量是 2023 年 8 月以来的最高水平。

Moreover, competition within the network has heated up as evidenced by the surge in #Bitcoin network's hashrate – a measure of the computational power dedicated to mining. This increase in hashrate indicates a heightened number of miners competing for the same rewards.

此外，网络内部的竞争已经加剧，#Bitcoin 网络哈希率（衡量专用于挖矿的计算能力的指标）的激增证明了这一点。算力的增加表明争夺相同奖励的矿工数量增加。

In an attempt to entice miners amidst declining transaction fees, the Bitcoin network will soon witness a substantial decrease in transaction fees. This move is designed to encourage miners to continue profiting from the ongoing BTC price surge. As of April 8, users pay miners an average of $2.864 (approximately Rs. 240) to have their transactions validated on the blockchain.

为了在交易费用下降的情况下吸引矿工，比特币网络很快就会见证交易费用的大幅下降。此举旨在鼓励矿工继续从比特币价格持续上涨中获利。截至 4 月 8 日，用户平均向矿工支付 2.864 美元（约 240 卢比），以便在区块链上验证其交易。

The Bitcoin halving is a pre-programmed event that automatically takes place every time 210,000 blocks are mined on the Bitcoin blockchain. This event reduces the block reward earned by miners by half, thereby decreasing their incentive to mine Bitcoin blocks and slowing the issuance of new tokens.

比特币减半是一个预先编程的事件，每当比特币区块链上开采出 210,000 个区块时，就会自动发生。这一事件使矿工获得的区块奖励减少了一半，从而降低了他们开采比特币区块的积极性，并减缓了新代币的发行。

Following the upcoming halving, miners will be rewarded with 3.125 BTC for each block mined instead of the current 6.25 BTC. CryptoQuant's data suggests that the combination of reduced transaction fees and increased competition is prompting miners to liquidate significant portions of their BTC holdings to capture profits.

在即将到来的减半之后，矿工每开采一个区块将获得 3.125 BTC 的奖励，而不是目前的 6.25 BTC。 CryptoQuant 的数据表明，交易费用的降低和竞争的加剧正在促使矿商清算其持有的大部分 BTC 以获取利润。

This sell-off comes at a time when Bitcoin is trading near its all-time high (ATH) of $72,569, reached in March. As of this Monday, March 8, the Bitcoin price range fluctuates between $66,570 and $72,000.

此次抛售发生之际，比特币交易价格接近 3 月份创下的历史高点 (ATH) 72,569 美元。截至 3 月 8 日星期一，比特币价格区间在 66,570 美元至 72,000 美元之间波动。

The approaching Bitcoin halving has also fueled optimism for Microstrategy's stock (MSTR), which is expected to benefit from the perceived scarcity of Bitcoin.

即将到来的比特币减半也激发了人们对 Microstrategy 股票（MSTR）的乐观情绪，预计该股票将从比特币的稀缺性中受益。

As the countdown to the fourth halving continues, it remains to be seen how the Bitcoin ecosystem will respond to this significant event. The increased competition, declining transaction fees, and widespread miner selling are all factors that will undoubtedly shape the post-halving landscape.

随着第四次减半倒计时的继续，比特币生态系统将如何应对这一重大事件还有待观察。竞争的加剧、交易费用的下降以及矿工的普遍抛售都是无疑将塑造减半后格局的因素。