<p>比特币矿业公司 CleanSpark（CLSK）在 11 月份维持了较高的生产水平，尽管加密货币矿工和更广泛的数字资产市场面临挑战，但这仍然表明其收入生成能力较强。</p>
<p>该公司周三报告称，在 11 月份共开采了 587 个比特币（BTC），较 10 月份增长了 11%。</p>
<p>CleanSpark 还将其合同电力容量扩大了约 11%，超过 1.4 吉瓦，这是公司为支持未来矿业运营而确保的电力的关键指标。更大的电力覆盖范围使公司能够部署更多的矿机，并随着时间的推移扩大产出。</p>
<p>首席执行官 Matt Schultz 还重申了公司 15 亿美元的零息可转换债券发行，这为公司提供了长期融资，且没有利息成本。所得款项旨在增强 CleanSpark, Inc.的资产负债表，资助基础设施扩展，并支持股票回购计划。</p>
<p>此次矿业更新是在 CleanSpark 发布 2025 财年财务结果之后，数据显示其收入同比增长超过一倍，达到 7.663 亿美元。</p>
<p><em><strong>相关：</strong></em> <em><strong>CleanSpark 本周获得第二条比特币支持的信用额度，且未稀释股份</strong></em></p>
<p><strong>比特币矿工经济面临压力</strong></p>
<p>CleanSpark 在比特币矿业行业面临高度财务压力的时期扩大生产能力。11 月份尤其具有挑战性，因为比特币价格从 10 月中旬的历史最高点下跌超过 36%，侵蚀了矿工的收入和利润率。</p>
<p>据 Cointelegraph 报道，该行业在 11 月份进入了最严重的经济衰退之一，原因是收入崩溃和价格波动加剧。</p>
<p>来自 The Miner Mag 的数据表明，平均矿工与最有效运营商之间的表现差距正在扩大，强调在长期衰退期间，规模和成本效率对生存越来越关键。</p>
<p>与矿业相关的股票因此大幅下跌。MARA Holdings、Riot Platforms 和 HIVE Digital Technologies 的股票均受到显著压力。</p>
<p>尽管 CleanSpark 在衰退期间继续运营，但其股票自 10 月中旬以来也下跌了超过 30%。</p>

CLSK

<p>CleanSpark 在 11 月份将比特币产量提高了 11%，挖掘了 587 个比特币，并将电力产能扩大了 11%，超过 1.4 吉瓦。该公司发行了价值 11.5 亿美元的零息可转换债券用于基础设施扩展和股票回购。尽管面临行业挑战，CleanSpark 在 2025 财年的收入翻了一番，达到了 7.663 亿美元。比特币价格的下跌对矿工经济造成了压力，影响了 CleanSpark 的股票，自 10 月中旬以来下跌超过 30%</p>

<p>Bitcoin mining company CleanSpark (CLSK) maintained elevated production levels in November, signaling elevated revenue generation despite a challenging environment for cryptocurrency miners and the broader digital asset market.</p>
<div class="lb-trans"><p>比特币矿业公司 CleanSpark（CLSK）在 11 月份维持了较高的生产水平，尽管加密货币矿工和更广泛的数字资产市场面临挑战，但这仍然表明其收入生成能力较强。</p>
</div><p>The company reported Wednesday that it mined 587 Bitcoin (BTC) during the month, an 11% increase from October.</p>
<div class="lb-trans"><p>该公司周三报告称，在 11 月份共开采了 587 个比特币（BTC），较 10 月份增长了 11%。</p>
</div><p>CleanSpark also expanded its contracted power capacity by approximately 11% to more than 1.4 gigawatts, a key measure of the electricity the company has secured to support future mining operations. A larger power footprint allows the company to deploy more mining equipment and scale output over time.</p>
<div class="lb-trans"><p>CleanSpark 还将其合同电力容量扩大了约 11%，超过 1.4 吉瓦，这是公司为支持未来矿业运营而确保的电力的关键指标。更大的电力覆盖范围使公司能够部署更多的矿机，并随着时间的推移扩大产出。</p>
</div><p>CEO Matt Schultz also reiterated the company’s $1.15 billion zero-coupon convertible note offering, which provided long-term financing at no interest cost. The proceeds are intended to strengthen CleanSpark, Inc.’s balance sheet, fund infrastructure expansion, and support a share repurchase program.</p>
<div class="lb-trans"><p>首席执行官 Matt Schultz 还重申了公司 15 亿美元的零息可转换债券发行，这为公司提供了长期融资，且没有利息成本。所得款项旨在增强 CleanSpark, Inc.的资产负债表，资助基础设施扩展，并支持股票回购计划。</p>
</div><p>The mining update follows the release of CleanSpark’s fiscal 2025 financial results, which showed revenue more than doubling year-over-year to $766.3 million.</p>
<div class="lb-trans"><p>此次矿业更新是在 CleanSpark 发布 2025 财年财务结果之后，数据显示其收入同比增长超过一倍，达到 7.663 亿美元。</p>
</div><p><em><strong>Related:</strong></em> <em><strong>CleanSpark secures second BTC-backed credit line this week without share dilution</strong></em></p>
<div class="lb-trans"><p><em><strong>相关：</strong></em> <em><strong>CleanSpark 本周获得第二条比特币支持的信用额度，且未稀释股份</strong></em></p>
</div><p><strong>Bitcoin miner economics under strain</strong></p>
<div class="lb-trans"><p><strong>比特币矿工经济面临压力</strong></p>
</div><p>CleanSpark is expanding production capacity during a period of heightened financial stress across the Bitcoin mining industry. November proved particularly challenging, as the price of Bitcoin fell more than 36% from its mid-October all-time high, eroding miner revenues and margins.</p>
<div class="lb-trans"><p>CleanSpark 在比特币矿业行业面临高度财务压力的时期扩大生产能力。11 月份尤其具有挑战性，因为比特币价格从 10 月中旬的历史最高点下跌超过 36%，侵蚀了矿工的收入和利润率。</p>
</div><p>As reported by Cointelegraph, the industry entered one of its most severe economic downturns in November, driven by collapsing revenue and elevated price volatility.</p>
<div class="lb-trans"><p>据 Cointelegraph 报道，该行业在 11 月份进入了最严重的经济衰退之一，原因是收入崩溃和价格波动加剧。</p>
</div><p>Data from The Miner Mag showed a widening performance gap between average miners and the most efficient operators, underscoring that scale and cost efficiency are increasingly critical for survival during prolonged downturns.</p>
<div class="lb-trans"><p>来自 The Miner Mag 的数据表明，平均矿工与最有效运营商之间的表现差距正在扩大，强调在长期衰退期间，规模和成本效率对生存越来越关键。</p>
</div><p>Mining-related equities have declined sharply as a result. Shares of MARA Holdings, Riot Platforms and HIVE Digital Technologies have all come under significant pressure.</p>
<div class="lb-trans"><p>与矿业相关的股票因此大幅下跌。MARA Holdings、Riot Platforms 和 HIVE Digital Technologies 的股票均受到显著压力。</p>
</div><p>Although CleanSpark has continued to operate through the downturn, its shares have also fallen more than 30% since mid-October.</p>
<div class="lb-trans"><p>尽管 CleanSpark 在衰退期间继续运营，但其股票自 10 月中旬以来也下跌了超过 30%。</p>
</div>

随着比特币矿工面临压力，CleanSpark 提升了产量和电力供应