Mining is the process of adding transaction records to Bitcoin's public ledger of past transactions (and a "mining rig" is a colloquial metaphor for a single computer system that performs the necessary computations for "mining". This ledger of past transactions is called the block chain as it is a chain of blocks. The blockchain serves to confirm transactions to the rest of the network as having taken place. Bitcoin nodes use the blockchain to distinguish legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere.
This report contains market size and forecasts of Cryptocurrency Mining Hardware in global, including the following market information:
Global Cryptocurrency Mining Hardware Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Cryptocurrency Mining Hardware Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Cryptocurrency Mining Hardware companies in 2021 (%)
The global Cryptocurrency Mining Hardware market was valued at 8289.3 million in 2021 and is projected to reach US$ 12940 million by 2028, at a CAGR of 6.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
ASIC Miner Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Cryptocurrency Mining Hardware include BitMain Technologies Holding, Canaan Creative, Halong Mining, Advanced Micro Devices, Baikal Miner, Bitfury Group, Canaan Creative, Innosilicon and ASICMiner and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Cryptocurrency Mining Hardware manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cryptocurrency Mining Hardware Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Cryptocurrency Mining Hardware Market Segment Percentages, by Type, 2021 (%)
ASIC Miner
GPU Mining Rig
Others
Global Cryptocurrency Mining Hardware Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Cryptocurrency Mining Hardware Market Segment Percentages, by Application, 2021 (%)
Enterprise
Personal
Global Cryptocurrency Mining Hardware Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Cryptocurrency Mining Hardware Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cryptocurrency Mining Hardware revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Cryptocurrency Mining Hardware revenues share in global market, 2021 (%)
Key companies Cryptocurrency Mining Hardware sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Cryptocurrency Mining Hardware sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
BitMain Technologies Holding
Canaan Creative
Halong Mining
Advanced Micro Devices
Baikal Miner
Bitfury Group
Canaan Creative
Innosilicon
ASICMiner
Ebang Communication