{"id":29030,"date":"2025-11-13T02:44:00","date_gmt":"2025-11-12T18:44:00","guid":{"rendered":"https:\/\/www.franchise.com.hk\/bitfufu-%e5%85%ac%e4%bd%88-2025-%e5%b9%b4%e7%ac%ac%e4%b8%89%e5%ad%a3%e5%ba%a6%e8%b2%a1%e5%8b%99%e6%a5%ad%e7%b8%be\/29030"},"modified":"2025-11-13T02:44:00","modified_gmt":"2025-11-12T18:44:00","slug":"bitfufu-%e5%85%ac%e4%bd%88-2025-%e5%b9%b4%e7%ac%ac%e4%b8%89%e5%ad%a3%e5%ba%a6%e8%b2%a1%e5%8b%99%e6%a5%ad%e7%b8%be","status":"publish","type":"post","link":"https:\/\/www.franchise.com.hk\/en\/bitfufu-%e5%85%ac%e4%bd%88-2025-%e5%b9%b4%e7%ac%ac%e4%b8%89%e5%ad%a3%e5%ba%a6%e8%b2%a1%e5%8b%99%e6%a5%ad%e7%b8%be\/29030","title":{"rendered":"BitFuFu \u516c\u4f48 2025 \u5e74\u7b2c\u4e09\u5b63\u5ea6\u8ca1\u52d9\u696d\u7e3e"},"content":{"rendered":"<p><span class=\"legendSpanClass\">\u9999\u6e2f<\/span><span class=\"legendSpanClass\">2025\u5e7411\u670813\u65e5<\/span> \/\u7f8e\u901a\u793e\/ &#8212; 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\u5728\u7b2c\u4e09\u5b63\u5ea6\u5831\u544a\u671f\u5167\uff0c\u516c\u53f8\u666e\u901a\u80a1\u57fa\u672c\u53ca\u6524\u8584\u6bcf\u80a1\u6536\u76ca\u5747\u70ba0.07\u7f8e\u5143\uff0c\u800c2024\u5e74\u540c\u671f\u5747\u70ba-0.03\u7f8e\u5143\u3002   \u622a\u81f32025\u5e749\u670830\u65e5\uff0c\u516c\u53f8\u6301\u6709\u7684\u73fe\u91d1\u3001\u73fe\u91d1\u7b49\u50f9\u7269\u53ca\u6578\u4f4d\u8cc7\u7522\u7e3d\u984d\u70ba2.55\u5104\u7f8e\u5143\uff0c\u8f032024\u5e7412\u670831\u65e5\u76841.68\u5104\u7f8e\u5143\u589e\u9577\u00a051.5%\uff0c\u540c\u6a23\u5275\u4e0b\u516c\u53f8\u6b77\u5e74\u540c\u671f\u6700\u9ad8\u6c34\u5e73\uff0c\u53cd\u6620\u51fa\u7a69\u5065\u7684\u8cc7\u7522\u7d50\u69cb\u8207\u5145\u88d5\u7684\u6d41\u52d5\u6027\u3002  <\/p>\n<p>BitFuFu\u8463\u4e8b\u9577\u517c\u9996\u5e2d\u57f7\u884c\u5b98Leo Lu\u8868\u793a\uff1a\u300c\u7b2c\u4e09\u5b63\u5ea6\u5c0dBitFuFu\u4f86\u8aaa\u662f\u4e00\u500b\u660e\u986f\u7684\u8f49\u6298\u9ede\uff0c\u6536\u5165\u540c\u6bd4\u7ffb\u500d\uff0c\u74b0\u6bd4\u589e\u957756.6%\u3002\u6211\u5011\u5f37\u52c1\u7684\u7b2c\u4e09\u5b63\u5ea6\u696d\u7e3e\u9ad4\u73fe\u4e86\u96d9\u5f15\u64ce\u6a21\u5f0f\u7684\u5dee\u7570\u5316\u512a\u52e2\uff0c\u5c07\u6301\u7e8c\u7684\u96f2\u7b97\u529b\u6536\u5165\uff0c\u8207\u901a\u904e\u81ea\u71df\u6316\u7926\u76f4\u63a5\u53c3\u8207\u6bd4\u7279\u5e63\u50f9\u683c\u4e0a\u6f32\u76f8\u7d50\u5408\u3002\u9019\u4e00\u6a21\u5f0f\u70ba\u6211\u5011\u63d0\u4f9b\u4e86\u591a\u7a2e\u624b\u6bb5\u4ee5\u7ba1\u7406\u5e02\u5834\u6ce2\u52d5\uff0c\u4e26\u5728\u9031\u671f\u4e2d\u4fdd\u6301\u76c8\u5229\u80fd\u529b\uff0c\u800c\u7a69\u5065\u7684\u8cc7\u7522\u8ca0\u50b5\u8868\u5247\u70ba\u516c\u53f8\u63d0\u4f9b\u4e86\u5145\u8db3\u7684\u9748\u6d3b\u6027\uff0c\u4f7f\u6211\u5011\u80fd\u5920\u5728\u56de\u5831\u6700\u5177\u5438\u5f15\u529b\u7684\u9818\u57df\u9032\u884c\u6295\u8cc7\u3002\u300d<\/p>\n<p>2025\u5e74\u7b2c\u4e09\u5b63\u5ea6\u71df\u904b\u6458\u8981<\/p>\n<p>\u622a\u81f32025\u5e749\u670830\u65e5\uff0c\u516c\u53f8\u7e3d\u7b97\u529b\u9054\u523036.0 EH\/s\uff0c\u8f032024\u5e74\u540c\u671f\u768426.2 EH\/s\u589e\u957737.4%\u3002   \u8a17\u7ba1\u7b97\u529b\u5bb9\u91cf\u70ba624 MW\uff0c\u8f032024\u5e74\u540c\u671f\u7684556 MW\u63d0\u5347\u00a012.2%\u3002   \u96f2\u7b97\u529b\u5e73\u53f0\u8a3b\u518a\u7528\u6236\u589e\u81f3641,526\u4eba\uff0c\u8f032024\u5e74\u540c\u671f\u7684455,764\u4eba\u540c\u6bd4\u589e\u957740.8%\u3002   \u516c\u53f8\u6301\u6709\u7684\u6bd4\u7279\u5e63\u6578\u91cf\u70ba1,962\u679a\uff0c\u540c\u6bd4\u589e\u957719.8%\uff082024\u5e74\u540c\u671f\u70ba1,638\u679a\uff09\u3002  <\/p>\n<p>2025\u5e74\u7b2c\u4e09\u5b63\u5ea6\u6536\u5165\u6982\u51b5<\/p>\n<p>2025\u5e74\u7b2c\u4e09\u5b63\u5ea6\uff0c\u516c\u53f8\u5275\u4e0b\u5b63\u5ea6\u6b77\u53f2\u71df\u6536\u65b0\u9ad8\uff0c\u8f032024\u5e74\u540c\u671f\u589e\u9577100%\u3002\u696d\u7e3e\u589e\u9577\u4e3b\u8981\u7531\u96f2\u7b97\u529b\u89e3\u6c7a\u65b9\u6848\u696d\u52d9\u8207\u7926\u6a5f\u92b7\u552e\u696d\u52d9\u7684\u6301\u7e8c\u589e\u9577\u5171\u540c\u63a8\u52d5\u3002\u6b64\u8868\u73fe\u5145\u5206\u9ad4\u73fe\u516c\u53f8\u5728\u96f2\u6316\u7926\u670d\u52d9\u9818\u57df\u7684\u7a69\u5065\u57f7\u884c\u529b\u3001\u81ea\u6709\u7b97\u529b\u7684\u7a69\u6b65\u64f4\u5f35\u614b\u52e2\uff0c\u4ee5\u53ca\u7926\u6a5f\u92b7\u552e\u677f\u584a\u5e02\u5834\u9700\u6c42\u7684\u986f\u8457\u56de\u5347\u3002BitFuFu\u7684\u300c\u96d9\u5f15\u64ce\u300d\u5546\u696d\u6a21\u5f0f\uff0c\u7d50\u5408\u9ad8\u5fa9\u8cfc\u7387\u3001\u8f15\u8cc7\u7522\u5c6c\u6027\u7684\u96f2\u6316\u7926\u696d\u52d9\u8207\u81ea\u71df\u6316\u7926\u7684\u76f4\u63a5\u6536\u76ca\uff0c\u5728\u4e0d\u540c\u5e02\u5834\u9031\u671f\u4e2d\u5747\u5c55\u73fe\u51fa\u5f37\u52c1\u7684\u7d93\u71df\u97cc\u6027\u8207\u6297\u6ce2\u52d5\u80fd\u529b\u3002<\/p>\n<p>\u96f2\u7b97\u529b\u89e3\u6c7a\u65b9\u6848\u71df\u6536\u70ba1.23\u5104\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u957778.4%\u3002\u6210\u9577\u4e3b\u8981\u4f86\u81ea\u4e09\u500b\u65b9\u9762\uff1a\u4e00\u662f\u96f2\u6316\u7926\u670d\u52d9\u9700\u6c42\u7684\u6301\u7e8c\u6500\u5347\uff1b\u4e8c\u662f\u65b0\u589e\u5ba2\u6236\u8207\u5fa9\u8cfc\u5ba2\u6236\u7684\u5171\u540c\u8ca2\u737b\uff1b\u4e09\u662f\u8a17\u7ba1\u7b97\u529b\u53ca\u96fb\u529b\u5bb9\u91cf\u7684\u6301\u7e8c\u64f4\u5145\u3002   \u516c\u53f8\u7b2c\u4e09\u5b63\u5ea6\u7684\u7f8e\u5143\u6de8\u7559\u5b58\u7387\uff08Net Dollar Retention Rate\uff09\u70ba118.8%\uff0c\u8868\u660e\u96f2\u6316\u7926\u696d\u52d9\u5177\u5099\u7a69\u5b9a\u7684\u5ba2\u6236\u9ecf\u6027\u548c\u826f\u597d\u7684\u5fa9\u8cfc\u6f5b\u529b\u3002\u4e00\u9375\u5f0f\u670d\u52d9\u9ad4\u9a57\u3001\u9748\u6d3b\u7684\u5206\u671f\u4ed8\u6b3e\u6a5f\u5236\u4ee5\u53ca\u4f4e\u65bc\u4ea4\u6613\u6240\u8cfc\u5e63\u7684\u6210\u672c\u512a\u52e2\uff0c\u5438\u5f15\u4e86\u5927\u91cf\u96f6\u552e\u8207\u6a5f\u69cb\u5ba2\u6236\u3002   \u81ea\u71df\u6316\u7926\u696d\u52d9\u71df\u6536\u70ba2,010\u842c\u7f8e\u5143\uff0c\u74b0\u6bd4\u589e\u9577\u7d0436%\uff0c\u8f032024\u5e74\u540c\u671f\u5c0f\u5e45\u4e0b\u964d2.2%\u3002\u6b64\u8b8a\u5316\u4e3b\u8981\u53d7\u4e09\u65b9\u9762\u56e0\u7d20\u5f71\u97ff\uff1a\u4e00\u662f\u5168\u7403\u5340\u584a\u93c8\u7db2\u8def\u96e3\u5ea6\u4e0a\u5347\uff0c\u5c0e\u81f4\u6bcfTH\u7b97\u529b\u7684\u5e73\u5747BTC\u65e5\u6536\u76ca\u540c\u6bd4\u4e0b\u964d33%\uff1b\u4e8c\u662f\u81ea\u71df\u7b97\u529b\u6295\u5165\u540c\u6bd4\u4e0b\u964d\u00a023%\uff1b\u4e09\u662f\u6bd4\u7279\u5e63\u5e73\u5747\u50f9\u683c\u8f03\u53bb\u5e74\u540c\u671f\u4e0a\u6f3287.5%\uff0c\u7531\u7d0461,000\u7f8e\u5143\u5347\u81f3114,500\u7f8e\u5143\u3002   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2025\u5e74\u7b2c\u4e09\u5b63\u5ea6\u71df\u904b\u6458\u8981 \u622a\u81f32025\u5e749\u670830\u65e5\uff0c\u516c\u53f8\u7e3d\u7b97\u529b\u9054\u523036.0 EH\/s\uff0c\u8f032024\u5e74\u540c\u671f\u768426.2 EH\/s\u589e\u957737.4%\u3002 \u8a17\u7ba1\u7b97\u529b\u5bb9\u91cf\u70ba624 MW\uff0c\u8f032024\u5e74\u540c\u671f\u7684556 MW\u63d0\u5347\u00a012.2%\u3002 \u96f2\u7b97\u529b\u5e73\u53f0\u8a3b\u518a\u7528\u6236\u589e\u81f3641,526\u4eba\uff0c\u8f032024\u5e74\u540c\u671f\u7684455,764\u4eba\u540c\u6bd4\u589e\u957740.8%\u3002 \u516c\u53f8\u6301\u6709\u7684\u6bd4\u7279\u5e63\u6578\u91cf\u70ba1,962\u679a\uff0c\u540c\u6bd4\u589e\u957719.8%\uff082024\u5e74\u540c\u671f\u70ba1,638\u679a\uff09\u3002 2025\u5e74\u7b2c\u4e09\u5b63\u5ea6\u6536\u5165\u6982\u51b5 2025\u5e74\u7b2c\u4e09\u5b63\u5ea6\uff0c\u516c\u53f8\u5275\u4e0b\u5b63\u5ea6\u6b77\u53f2\u71df\u6536\u65b0\u9ad8\uff0c\u8f032024\u5e74\u540c\u671f\u589e\u9577100%\u3002\u696d\u7e3e\u589e\u9577\u4e3b\u8981\u7531\u96f2\u7b97\u529b\u89e3\u6c7a\u65b9\u6848\u696d\u52d9\u8207\u7926\u6a5f\u92b7\u552e\u696d\u52d9\u7684\u6301\u7e8c\u589e\u9577\u5171\u540c\u63a8\u52d5\u3002\u6b64\u8868\u73fe\u5145\u5206\u9ad4\u73fe\u516c\u53f8\u5728\u96f2\u6316\u7926\u670d\u52d9\u9818\u57df\u7684\u7a69\u5065\u57f7\u884c\u529b\u3001\u81ea\u6709\u7b97\u529b\u7684\u7a69\u6b65\u64f4\u5f35\u614b\u52e2\uff0c\u4ee5\u53ca\u7926\u6a5f\u92b7\u552e\u677f\u584a\u5e02\u5834\u9700\u6c42\u7684\u986f\u8457\u56de\u5347\u3002BitFuFu\u7684\u300c\u96d9\u5f15\u64ce\u300d\u5546\u696d\u6a21\u5f0f\uff0c\u7d50\u5408\u9ad8\u5fa9\u8cfc\u7387\u3001\u8f15\u8cc7\u7522\u5c6c\u6027\u7684\u96f2\u6316\u7926\u696d\u52d9\u8207\u81ea\u71df\u6316\u7926\u7684\u76f4\u63a5\u6536\u76ca\uff0c\u5728\u4e0d\u540c\u5e02\u5834\u9031\u671f\u4e2d\u5747\u5c55\u73fe\u51fa\u5f37\u52c1\u7684\u7d93\u71df\u97cc\u6027\u8207\u6297\u6ce2\u52d5\u80fd\u529b\u3002 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