Nicehash 和数字挖矿解决方案展示了 2024 年比特币挖矿行业前所未有的增长

2024 年，比特币挖矿业务经历了惊人的增长，到年底网络算力峰值达到每秒 808 exahash (EH/s)

Bitcoin mining reached historic milestones in 2024, but it also faced significant challenges, according to an extensive report sponsored by Nicehash and authored by Digital Mining Solutions and Bitcoinminingstock.io.

根据由 Nicehash 赞助、Digital Mining Solutions 和 Bitcoinminingstock.io 撰写的一份详尽报告，比特币挖矿在 2024 年达到了历史性里程碑，但也面临着重大挑战。

The comprehensive study sheds light on unprecedented network expansion, advancements in hardware efficiency, and major economic transitions.

这项综合研究揭示了前所未有的网络扩张、硬件效率的进步以及重大经济转型。

Bitcoin’s hashrate reached 808 exahash per second (EH/s) by year-end, with miners contributing nearly 300 EH/s to the network—surpassing all previous records. However, this rapid growth came with challenges.

到年底，比特币的算力达到每秒 808 exahash (EH/s)，矿工向网络贡献了近 300 EH/s，超越了之前的所有记录。然而，这种快速增长也带来了挑战。

The fourth bitcoin halving event in April reduced the block subsidy from 6.25 BTC to 3.125 BTC, putting considerable pressure on miners' profitability.

4 月份第四次比特币减半事件将区块补贴从 6.25 BTC 减少至 3.125 BTC，给矿商的盈利带来了不小的压力。

Bitcoin's price crossed the $100,000 threshold in 2024, closing the year at $93,400—an increase of 121.3% from January. This surge brought its market capitalization to $2 trillion, outpacing silver and making bitcoin the seventh-largest global asset.

比特币的价格在 2024 年突破 10 万美元大关，年底达到 93,400 美元，较 1 月份增长 121.3%。这一飙升使其市值达到 2 万亿美元，超过白银，使比特币成为全球第七大资产。

Despite this rally, mining economics were strained post-halving. The hashprice—a metric reflecting miners' revenue—dropped to a record low of $38 per petahash per day (PH/day) before rebounding to $55 PH/day by December.

尽管出现这种反弹，但减半后矿业经济仍然紧张。哈希价格（反映矿工收入的指标）跌至每天每 petahash（PH/天）38 美元的历史新低，然后在 12 月反弹至 55 美元/天。

Key Takeaways from the Bitcoin Mining Report

比特币挖矿报告的主要要点

Transaction fees spiked during the halving, accounting for 139.8% of block rewards on April 19. While this temporarily offset miners' revenue declines, the drop in hashprice highlighted the sector's vulnerabilities.

减半期间交易费用飙升，占 4 月 19 日区块奖励的 139.8%。虽然这暂时抵消了矿工收入的下降，但哈希价格的下跌凸显了该行业的脆弱性。

The ASIC (application-specific integrated circuit) hardware market saw the release of 30 new models in 2024, with a focus on hydro-cooling and standardized designs. However, network efficiency plateaued due to deployment delays.

ASIC（专用集成电路）硬件市场将在 2024 年发布 30 个新型号，重点是水冷和标准化设计。然而，由于部署延迟，网络效率陷入停滞。

The Bitmain Antminer S21 series, for instance, represented just 4.1% of the network by year-end, with tangible efficiency improvements anticipated in 2025.

例如，截至年底，比特大陆 Antminer S21 系列仅占网络的 4.1%，预计到 2025 年将实现切实的效率提升。

Falling ASIC prices mirrored broader market challenges. Mid-generation machines with efficiency levels between 25 and 38 joules per terahash (J/T) lost up to 97.5% of their value, underscoring the difficulties faced by hosting-based miners.

ASIC 价格下跌反映了更广泛的市场挑战。效率水平在 25 至 38 焦耳每太拉哈希 (J/T) 之间的中代机器损失了高达 97.5% 的价值，凸显了基于托管的矿工所面临的困难。

The United States remained the leading bitcoin mining hub, commanding 38% of global hashrate. At the same time, emerging regions like Ethiopia and South America gained momentum by harnessing renewable energy.

美国仍然是领先的比特币挖矿中心，占全球算力的 38%。与此同时，埃塞俄比亚和南美等新兴地区通过利用可再生能源获得了动力。

Ethiopia, driven by hydropower, contributed 2.5% to global hashrate—a development highlighted in the report.

埃塞俄比亚在水力发电的推动下，为全球算力贡献了 2.5%——报告中强调了这一发展。

Miners also explored new frontiers, diversifying into high-performance computing (HPC) and artificial intelligence (AI). U.S.-based operations began repurposing mining facilities for AI workloads to mitigate inconsistent mining returns.

矿工还探索新领域，涉足高性能计算（HPC）和人工智能（AI）领域。总部位于美国的公司开始重新利用采矿设施来处理人工智能工作负载，以减少采矿回报不一致的情况。

The Digital Mining Solutions and Bitcoinminingstock.io report anticipates further growth propelled by technological innovation and strategic diversification. As bitcoin mining evolves, operators must prioritize adaptability and resilience to contend with economic challenges and regulatory complexities.

数字采矿解决方案和 Bitcoinminingstock.io 报告预计，技术创新和战略多元化将推动进一步增长。随着比特币挖矿的发展，运营商必须优先考虑适应性和弹性，以应对经济挑战和监管复杂性。