金融世界正在目睹地震转变

本周，有两个重大发展正在震撼加密景观。西弗吉尼亚州的开创性比特币战略储备法案正在挥舞

The world of finance is witnessing a seismic shift, and this week, two major developments are unfolding that threaten to reshape the crypto landscape. In a move that has both critics and supporters buzzing, West Virginia lawmakers are advancing a bill to allow the state treasury to hold up to 10% of its long-term public funds in Bitcoin (BTC).

金融世界正在见证地震般的转变，本周，有两个重大的发展有可能重塑加密货币景观。西弗吉尼亚州立法者既有批评家和支持者的举动，也正在提出一项法案，以允许国家财政部拥有多达10％的长期公共资金在比特币（BTC）中。

On the other hand, Bitcoin mining behemoth Bitfarms has secured a massive $300 million loan to fuel its pivot from traditional mining to high-performance computing (HPC) and artificial intelligence (AI).

另一方面，比特币采矿庞然大物Bitfarms获得了3亿美元的贷款，以促进其从传统采矿到高性能计算（HPC）和人工智能（AI）的枢纽。

These developments signal a deeper integration of digital assets into mainstream finance, but are they calculated strategies or reckless gambles? Let's take a closer look.

这些发展表明，将数字资产更深地集成到主流金融中，但是它们是计算出的策略还是鲁ck赌？让我们仔细看一下。

West Virginia's Bitcoin Bill: A Political Move or Financial Foolishness?

西弗吉尼亚州的比特币法案：政治举动还是经济愚蠢？

西弗吉尼亚州的比特币法案：政治举动还是经济愚蠢？

In an attempt to take a stand against what he sees as federal overreach and promote financial sovereignty, State Senator Chris Rose is spearheading the legislation that would permit the state treasury to diversify its portfolio with Bitcoin.

为了反对他认为联邦超越并促进金融主权的立场，州参议员克里斯·罗斯（Chris Rose）率先率先构成了将允许州财政部用比特币多样化其投资组合的立法。

"People want decentralized currency. They want freedom," Rose stated during a lively committee hearing, where he faced pushback from members of the House Judiciary Committee.

罗斯在一场活泼的委员会听证会上说：“人们想要分散的货币。他们想要自由。”

The bill, which passed the Senate but faces an uphill battle in the House, aims to allow the state to invest funds from its pensions and severance tax reserves into Bitcoin, alongside traditional assets like gold and silver. However, critics argue that Bitcoin's notorious volatility makes it an incredibly risky investment for public funds.

该法案通过了参议院，但面临众议院的艰苦战斗，旨在允许该州从其养老金和遣散费税收储备中投资于比特币，以及黄金和银等传统资产。但是，批评家认为，比特币臭名昭著的波动率使它成为公共资金的极具风险投资。

Despite its long-term trajectory and potential as a hedge against inflation, Bitcoin's history of sharp price swings leaves many skeptical about its reliability as a government-held asset.

尽管具有长期的轨迹和潜在的对冲通货膨胀的对冲，但比特币的急剧价格波动的历史使许多人对其作为政府拥有的资产的可靠性持怀疑态度。

"I don't think we have the appetite to put taxpayer money in an asset class that is known for its volatility," said House Minority Whip Sam Blitzstein, voicing his concerns.

众议院少数民族鞭子萨姆·布利茨斯坦（Sam Blitzstein）说：“我认为我们没有将纳税人的钱投入以其波动性而闻名的资产类别的胃口。”

However, those supporting the bill highlight the urgency of exploring new financial avenues.

但是，那些支持该法案的人强调了探索新金融途径的紧迫性。

"We're at a crossroads economically in this country and in this state," said House Majority Leader Charles Gray. He believes that the state needs to be "open to new ideas" and isn't necessarily "closing the door" on the bill.

众议院多数党领袖查尔斯·格雷（Charles Gray）说：“我们在这个国家和该州经济上处于经济状态。”他认为，国家需要“对新想法开放”，不一定要“关闭门”。

The bill's passage would align the state with a growing trend among U.S. states exploring Bitcoin reserves as a hedge against inflation and centralized monetary policies. While Texas and Arizona have passed similar legislation, most attempts have stalled in legislative limbo.

该法案的通过将使该州与美国探索比特币储备的趋势的日益增长的趋势保持一致，以此作为抵制通货膨胀和集中货币政策的对冲。尽管得克萨斯州和亚利桑那州也通过了类似的立法，但大多数尝试都陷入了立法困境。

Governor Patrick Morrisey has been vocal about his support for blockchain innovations and new technologies, which could add further momentum to the bill's progress.

州长帕特里克·莫里西（Patrick Morrisey）一直对他对区块链创新和新技术的支持表示坦率，这可能会进一步增加该法案的进步。

"I think it's a no-brainer. We should be investing in Bitcoin. It's the future of money," Morrisey stated during a recent interview.

莫里西在最近的一次采访中说：“我认为这很容易。我们应该投资比特币。这是金钱的未来。”

Yet, financial experts like Mark Zandi, chief economist at Moody's Analytics, remain unconvinced. He describes the bill as a "risky proposition" that could destabilize the state's finances.

然而，穆迪（Moody's Analytics）的首席经济学家马克·赞迪（Mark Zandi）等财务专家仍然不相信。他将该法案描述为一种“冒险的主张”，可能破坏该州的财务状况。

"I think it's a bad idea. Bitcoin is an incredibly risky asset, and it's not clear that the state of West Virginia can afford to take on that risk," Zandi remarked.

赞迪说：“我认为这是一个坏主意。比特币是一项极具风险的资产，尚不清楚西弗吉尼亚州能够承受这种风险。”

As the House prepares to vote on the bill, the coming weeks will be crucial in determining whether West Virginia will become a pioneer in state-backed Bitcoin reserves or whether this move will backfire in the face of regulatory scrutiny and price volatility.

当众议院准备对该法案进行投票时，未来几周对于确定西弗吉尼亚州是否将成为州支持的比特币储备的先驱，或者这一举动是否会在面对监管审查和价格波动的情况下适得其反。

Bitfarms Secures $300 Million Loan for HPC Pivot After Halving Weighs on Miners

Bitfarms在减半后对HPC Pivot的3亿美元贷款对矿工进行了重量

Bitfarms在减半后对HPC Pivot的3亿美元贷款对矿工进行了重量

In a staggering development, Bitcoin mining firm Bitfarms has secured a $300 million loan from Macquarie Group to develop its Panther Creek HPC data center and pivot from traditional mining to AI infrastructure.

在一个惊人的开发中，比特币采矿公司Bitfarms从Macquarie Group获得了3亿美元的贷款，以开发其Panther Creek HPC数据中心，并从传统采矿到AI基础设施。

This move comes amid shrinking Bitcoin mining profitability post-halving, forcing miners to diversify revenue streams. With AI-driven computing emerging as the next gold rush, Bitfarms is positioning itself at the forefront.

这一举动是在持久后缩小比特币采矿盈利能力的情况下，迫使矿工多样化的收入来源。随着下一个淘金热的出现，AI驱动的计算出现了，Bitfarms将自己定位在最前沿。

Panther Creek will offer nearly 500 megawatts of capacity, attracting AI firms and cloud computing clients seeking high-performance data processing solutions.

Panther Creek将提供近500兆瓦的能力，吸引AI公司和云计算客户寻求高性能数据处理解决方案的客户。

This pivot highlights a broader industry trend, with miners retooling their GPU infrastructure to cater to the surging demand for AI workloads. Companies like Hive Digital (NASDAQ:HIVE) and Core Scientific (NYSE:CORE) are already integrating AI services into their operations, signaling that the intersection of blockchain and artificial intelligence is just beginning.

这种枢纽凸显了更广泛的行业趋势，矿工重新装修了其GPU基础设施，以满足对AI工作量的需求。像Hive Digital（NASDAQ：HIVE）和Core Scientific（NYSE：CORE）这样的公司已经将AI服务集成到其运营中，这表明区块链和人工智能的交集才刚刚开始。

However, regulatory hurdles could delay Bitfarms' expansion plans, and securing energy infrastructure approvals might take years.

但是，监管障碍可能会延迟Bitfarms的扩张计划，并确保能源基础设施批准可能需要数年。

Despite these challenges, Bitfarms is consolidating its resources to focus on the booming AI market. The company recently acquired Stronghold Digital Mining and sold its Paraguay site as part of this strategy.

尽管面临这些挑战，但Bitfarms仍在整合其资源，以专注于蓬勃发展的AI市场。该公司最近收购了据点数字采矿，并作为此策略的一部分出售了巴拉圭网站。

Overall, both West Virginia's Bitcoin bill and Bitfarms' AI pivot highlight a broader push for financial evolution through digital assets. While one involves state-level adoption and regulatory battles, the other showcases the adaptability of private firms navigating an ever-changing industry.

总体而言，西弗吉尼亚州的比特币法案和Bitfarms的AI枢纽都强调了通过数字资产的更广泛的推动。虽然一种涉及州级的采用和监管斗争，但另一个展示了私营公司在不断变化的行业中的适应性。

Both moves are undeniably bold and it remains to be seen

这两个举动都无可否认是大胆的，还有待观察