上市比特币矿企按机队能效 J/TH 排序，越低越好。
| Label | Value (J/TH) |
|---|---|
| BTDR | 15.8 J/TH |
| ABTC | 16 J/TH |
| CLSK | 16.07 J/TH |
| HIVE | 16.1 J/TH |
| WULF | 16.4 J/TH |
| CIFR | 17.2 J/TH |
| MARA | 17.3 J/TH |
| FUFU | 17.9 J/TH |
| Quarter | BTDR (J/TH) | ABTC (J/TH) | CLSK (J/TH) | HIVE (J/TH) | WULF (J/TH) | CIFR (J/TH) | MARA (J/TH) | FUFU (J/TH) |
|---|---|---|---|---|---|---|---|---|
| 2024Q3 | 31.4 | — | 21.94 | 23.5 | 23.2 | 27 | 22.7 | 21.1 |
| 2024Q4 | 30.4 | — | 17.59 | 22.2 | 19 | 18.9 | 19.2 | 23.4 |
| 2025Q1 | 29 | — | 17.2 | 21.2 | 18 | 18.9 | 19.3 | — |
| 2025Q2 | 25.7 | — | 16.6 | 20.2 | 17.7 | 20.8 | 18.3 | 20.1 |
| 2025Q3 | 20.1 | — | 16.7 | 18.5 | 17.5 | 16.8 | 18.6 | 17.3 |
| 2025Q4 | 17.9 | 16.3 | 16.8 | 17.5 | 17.5 | — | 18.6 | 18.3 |
| 2026Q1 | — | 16 | 16.07 | 16.5 | 16.3 | 17.2 | 17.6 | 17.7 |
| 2026Q2 | 15.8 | 16 | 16.07 | 16.1 | 16.4 | 17.2 | 17.3 | 17.9 |
| # | 公司 | 能效 | 产量环比 | 产量同比 | BTC 产量 | BTC 持仓 | 算力 | 单币现金成本 | 数据源 |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Bitdeer Technologies(BTDR) | 15.8 J/TH | — | -38.5% | 2,694 | 150 | 80.9 EH/s | $40K | 2026Q23 |
| 2 | American Bitcoin(ABTC) | 16 J/TH | 0.0% | — | 935 | 17,316 | 28.1 EH/s | — | 2026Q2 ↗ |
| 3 | CleanSpark(CLSK) | 16.07 J/TH | 0.0% | -3.2% | 1,925 | 13,924 | 45 EH/s | — | 2026Q23 |
| 4 | HIVE Digital Technologies(HIVE) | 16.1 J/TH | -2.4% | -20.3% | 1,004 | 190 | 24 EH/s | $51K | 2026Q2 ↗ |
| 5 | TeraWulf(WULF) | 16.4 J/TH | +0.6% | -7.3% | 179 | 2 | 5.6 EH/s | $45K | 2026Q2 ↗ |
| 6 | Cipher Mining(CIFR) | 17.2 J/TH | 0.0% | -17.3% | 346 | 646 | 11.6 EH/s | $43K | 2026Q22 |
| 7 | Marathon Digital Holdings(MARA) | 17.3 J/TH | -1.7% | -5.5% | 2,422 | 35,577 | 57.4 EH/s | $61K | 2026Q2 ↗ |
| 8 | BitFuFu(FUFU) | 17.9 J/TH | +1.1% | -10.9% | 192 | 1,671 | 15.3 EH/s | $59K | 2026Q23 |
| 9 | Keel Infrastructure(KEEL) | 19 J/TH | +5.6% | — | 354 | 2,261 | 8.6 EH/s | $93K | 2026Q22 |
| 10 | Soluna Holdings(SLNH) | 23 J/TH | — | — | 23.5 | 0 | 0.598 EH/s | $41K | 2026Q23 |
| 11 | Canaan(CAN) | 23.7 J/TH | +0.4% | -9.9% | 244 | 1,915 | 5.57 EH/s | — | 2026Q22 |
| 12 | Cango Inc.(CANG) | — | — | — | — | — | — | — | — |
| 13 | Core Scientific(CORZ) | — | — | — | — | — | — | — | — |
| 14 | Riot Platforms(RIOT) | — | — | — | — | — | — | — | — |
数值越低越好。数据来源：SEC 财报、公司公告与投资者材料。快照构建于 2026-09-28。