Cryptocurrency mining is a computationally intensive process, which requires network of several computers for verification of the transaction record, known as the blockchain. The miners are offered a share of transaction fees and gain a higher probability of finding a new block through contributing high computational power. These support transactions help in providing enhanced security to network users, and ensures integrity, which is expected to be the prominent factor influencing growth of the global cryptocurrency mining market.
In 2018, the global Cryptocurrency Mining market size was 790 million US$ and it is expected to reach 6350 million US$ by the end of 2025, with a CAGR of 29.7% during 2019-2025.
This report focuses on the global Cryptocurrency Mining status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cryptocurrency Mining development in United States, Europe and China.
The key players covered in this study
Advanced Micro Devices, Inc
Russian Miner Coin
Halong Mining, Zhejiang Ebang Communication Co., Ltd
NVIDIA Graphics Pvt. Ltd
Bitmain Technologies Ltd
Canaan Creative Co. Ltd
United Microelectronics Corporation
Market analysis by product type
Market analysis by market
Remote Hosting Services
Market analysis by Region
Central & South America
The study objectives of this report are:
To analyze global Cryptocurrency Mining status, future forecast, growth opportunity, key market and key players.
To present the Cryptocurrency Mining development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Cryptocurrency Mining are as follows:
History Year: 2018-2019
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.