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Global Cryptocurrency Mining Hardware Market 2023-2027

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    Report

  • 120 Pages
  • October 2022
  • Region: Global
  • TechNavio
  • ID: 5031201
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The cryptocurrency mining hardware market is poised to grow by $12053.16 mn during 2023-2027, accelerating at a CAGR of 11.35% during the forecast period. The report on the cryptocurrency mining hardware market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the profitability of cryptocurrency mining ventures, the growing demand for cryptocurrency-specific hardware, and the rising popularity of mining pools.

The cryptocurrency mining hardware market is segmented as below:

By Product

  • ASIC
  • GPU
  • Others

By Application

  • Bitcoin mining
  • Ethereum mining
  • Others

By Geographical Landscape

  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the acceptance of cryptocurrency by retailers as one of the prime reasons driving the cryptocurrency mining hardware market growth during the next few years. Also, investments by large semiconductor companies in mining-specific hardware and people's inclination toward digital currency will lead to sizable demand in the market.

The report on the cryptocurrency mining hardware market covers the following areas:

  • Cryptocurrency mining hardware market sizing
  • Cryptocurrency mining hardware market forecast
  • Cryptocurrency mining hardware market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cryptocurrency mining hardware market vendors that include Argo Blockchain Plc, BIT Digital Inc., Bitfarms Ltd., BitMain Group, Canaan Inc., Ebang International Holdings Inc., Elite Mining Inc., ePIC Blockchain Technologies Inc., Genesis Mining Ltd., GMO Internet Group Inc., Helium Systems Inc., HIVE Blockchain Technologies Ltd., Hut 8 Mining Corp., Intelion Mine LLC, Marathon Digital Holdings Inc., NiceHash Ltd., Riot Blockchain Inc., Shenzhen Fusionsilicon Semiconductor Co. Ltd., Shenzhen Jingang Zhuoyue Co., Ltd, Shenzhen MicroBT Electronics Technology Co. Ltd, and Spondoolies Ltd. Also, the cryptocurrency mining hardware market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
4.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
4.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
4.4 Threat of new entrants
Exhibit 21: Threat of new entrants - Impact of key factors in 2022 and 2027
4.5 Threat of substitutes
Exhibit 22: Threat of substitutes - Impact of key factors in 2022 and 2027
4.6 Threat of rivalry
Exhibit 23: Threat of rivalry - Impact of key factors in 2022 and 2027
4.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2022 and 2027
5 Market Segmentation by Product
5.1 Market segments
Exhibit 25: Chart on Product - Market share 2022-2027 (%)
Exhibit 26: Data Table on Product - Market share 2022-2027 (%)
5.2 Comparison by Product
Exhibit 27: Chart on Comparison by Product
Exhibit 28: Data Table on Comparison by Product
5.3 ASIC - Market size and forecast 2022-2027
Exhibit 29: Chart on ASIC - Market size and forecast 2022-2027 ($ million)
Exhibit 30: Data Table on ASIC - Market size and forecast 2022-2027 ($ million)
Exhibit 31: Chart on ASIC - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on ASIC - Year-over-year growth 2022-2027 (%)
5.4 GPU - Market size and forecast 2022-2027
Exhibit 33: Chart on GPU - Market size and forecast 2022-2027 ($ million)
Exhibit 34: Data Table on GPU - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Chart on GPU - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on GPU - Year-over-year growth 2022-2027 (%)
5.5 Others - Market size and forecast 2022-2027
Exhibit 37: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 38: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 40: Data Table on Others - Year-over-year growth 2022-2027 (%)
5.6 Market opportunity by Product
Exhibit 41: Market opportunity by Product ($ million)
6 Market Segmentation by Application
6.1 Market segments
Exhibit 42: Chart on Application - Market share 2022-2027 (%)
Exhibit 43: Data Table on Application - Market share 2022-2027 (%)
6.2 Comparison by Application
Exhibit 44: Chart on Comparison by Application
Exhibit 45: Data Table on Comparison by Application
6.3 Bitcoin mining - Market size and forecast 2022-2027
Exhibit 46: Chart on Bitcoin mining - Market size and forecast 2022-2027 ($ million)
Exhibit 47: Data Table on Bitcoin mining - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Chart on Bitcoin mining - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Bitcoin mining - Year-over-year growth 2022-2027 (%)
6.4 Ethereum mining - Market size and forecast 2022-2027
Exhibit 50: Chart on Ethereum mining - Market size and forecast 2022-2027 ($ million)
Exhibit 51: Data Table on Ethereum mining - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Chart on Ethereum mining - Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on Ethereum mining - Year-over-year growth 2022-2027 (%)
6.5 Others - Market size and forecast 2022-2027
Exhibit 54: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 55: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 57: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Application
Exhibit 58: Market opportunity by Application ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Exhibit 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Exhibit 60: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 61: Data Table on Market share By Geographical Landscape 2022-2027 (%)
8.2 Geographic comparison
Exhibit 62: Chart on Geographic comparison
Exhibit 63: Data Table on Geographic comparison
8.3 North America - Market size and forecast 2022-2027
Exhibit 64: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 67: Data Table on North America - Year-over-year growth 2022-2027 (%)
8.4 Europe - Market size and forecast 2022-2027
Exhibit 68: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 70: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 71: Data Table on Europe - Year-over-year growth 2022-2027 (%)
8.5 APAC - Market size and forecast 2022-2027
Exhibit 72: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 74: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 75: Data Table on APAC - Year-over-year growth 2022-2027 (%)
8.6 South America - Market size and forecast 2022-2027
Exhibit 76: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 78: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 79: Data Table on South America - Year-over-year growth 2022-2027 (%)
8.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 80: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 82: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 83: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
8.8 US - Market size and forecast 2022-2027
Exhibit 84: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 86: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 87: Data Table on US - Year-over-year growth 2022-2027 (%)
8.9 China - Market size and forecast 2022-2027
Exhibit 88: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 90: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 91: Data Table on China - Year-over-year growth 2022-2027 (%)
8.10 Russia - Market size and forecast 2022-2027
Exhibit 92: Chart on Russia - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Data Table on Russia - Market size and forecast 2022-2027 ($ million)
Exhibit 94: Chart on Russia - Year-over-year growth 2022-2027 (%)
Exhibit 95: Data Table on Russia - Year-over-year growth 2022-2027 (%)
8.11 Germany - Market size and forecast 2022-2027
Exhibit 96: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 98: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 99: Data Table on Germany - Year-over-year growth 2022-2027 (%)
8.12 Ireland - Market size and forecast 2022-2027
Exhibit 100: Chart on Ireland - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Data Table on Ireland - Market size and forecast 2022-2027 ($ million)
Exhibit 102: Chart on Ireland - Year-over-year growth 2022-2027 (%)
Exhibit 103: Data Table on Ireland - Year-over-year growth 2022-2027 (%)
8.13 Market opportunity By Geographical Landscape
Exhibit 104: Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Trends
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends
10 Vendor Landscape
10.1 Overview
10.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
10.4 Industry risks
Exhibit 108: Impact of key risks on business
11 Vendor Analysis
11.1 Vendors covered
Exhibit 109: Vendors covered
11.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
11.3 BIT Digital Inc.
Exhibit 111: BIT Digital Inc. - Overview
Exhibit 112: BIT Digital Inc. - Product / Service
Exhibit 113: BIT Digital Inc. - Key offerings
11.4 BitMain Group
Exhibit 114: BitMain Group - Overview
Exhibit 115: BitMain Group - Product / Service
Exhibit 116: BitMain Group - Key offerings
11.5 Canaan Inc.
Exhibit 117: Canaan Inc. - Overview
Exhibit 118: Canaan Inc. - Product / Service
Exhibit 119: Canaan Inc. - Key offerings
11.6 Ebang International Holdings Inc.
Exhibit 120: Ebang International Holdings Inc. - Overview
Exhibit 121: Ebang International Holdings Inc. - Product / Service
Exhibit 122: Ebang International Holdings Inc. - Key offerings
11.7 Elite Mining Inc.
Exhibit 123: Elite Mining Inc. - Overview
Exhibit 124: Elite Mining Inc. - Product / Service
Exhibit 125: Elite Mining Inc. - Key offerings
11.8 ePIC Blockchain Technologies Inc.
Exhibit 126: ePIC Blockchain Technologies Inc. - Overview
Exhibit 127: ePIC Blockchain Technologies Inc. - Product / Service
Exhibit 128: ePIC Blockchain Technologies Inc. - Key offerings
11.9 Helium Systems Inc.
Exhibit 129: Helium Systems Inc. - Overview
Exhibit 130: Helium Systems Inc. - Product / Service
Exhibit 131: Helium Systems Inc. - Key offerings
11.10 HIVE Blockchain Technologies Ltd.
Exhibit 132: HIVE Blockchain Technologies Ltd. - Overview
Exhibit 133: HIVE Blockchain Technologies Ltd. - Product / Service
Exhibit 134: HIVE Blockchain Technologies Ltd. - Key offerings
11.11 Hut 8 Mining Corp.
Exhibit 135: Hut 8 Mining Corp. - Overview
Exhibit 136: Hut 8 Mining Corp. - Product / Service
Exhibit 137: Hut 8 Mining Corp. - Key offerings
11.12 Intelion Mine LLC
Exhibit 138: Intelion Mine LLC - Overview
Exhibit 139: Intelion Mine LLC - Product / Service
Exhibit 140: Intelion Mine LLC - Key offerings
11.13 Marathon Digital Holdings Inc.
Exhibit 141: Marathon Digital Holdings Inc. - Overview
Exhibit 142: Marathon Digital Holdings Inc. - Product / Service
Exhibit 143: Marathon Digital Holdings Inc. - Key offerings
11.14 Riot Blockchain Inc.
Exhibit 144: Riot Blockchain Inc. - Overview
Exhibit 145: Riot Blockchain Inc. - Business segments
Exhibit 146: Riot Blockchain Inc. - Key offerings
Exhibit 147: Riot Blockchain Inc. - Segment focus
11.15 Shenzhen Fusionsilicon Semiconductor Co. Ltd.
Exhibit 148: Shenzhen Fusionsilicon Semiconductor Co. Ltd. - Overview
Exhibit 149: Shenzhen Fusionsilicon Semiconductor Co. Ltd. - Product / Service
Exhibit 150: Shenzhen Fusionsilicon Semiconductor Co. Ltd. - Key offerings
11.16 Shenzhen Jingang Zhuoyue Co., Ltd
Exhibit 151: Shenzhen Jingang Zhuoyue Co., Ltd - Overview
Exhibit 152: Shenzhen Jingang Zhuoyue Co., Ltd - Product / Service
Exhibit 153: Shenzhen Jingang Zhuoyue Co., Ltd - Key offerings
11.17 Spondoolies Ltd.
Exhibit 154: Spondoolies Ltd. - Overview
Exhibit 155: Spondoolies Ltd. - Product / Service
Exhibit 156: Spondoolies Ltd. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 157: Inclusions checklist
Exhibit 158: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 159: Currency conversion rates for US$
12.4 Research methodology
Exhibit 160: Research methodology
Exhibit 161: Validation techniques employed for market sizing
Exhibit 162: Information sources
12.5 List of abbreviations
Exhibit 163: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Product
Exhibits 6: Executive Summary - Chart on Market Segmentation by Application
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibits 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibits 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 18: Historic Market Size - Data Table on Global cryptocurrency mining hardware market 2017 - 2021 ($ million)
Exhibits 19: Historic Market Size - Product Segment 2017 - 2021 ($ million)
Exhibits 20: Historic Market Size - Application Segment 2017 - 2021 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
Exhibits 23: Five forces analysis - Comparison between2022 and 2027
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibits 26: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibits 27: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibits 28: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibits 29: Chart on Market condition - Five forces 2022 and 2027
Exhibits 30: Chart on Product - Market share 2022-2027 (%)
Exhibits 31: Data Table on Product - Market share 2022-2027 (%)
Exhibits 32: Chart on Comparison by Product
Exhibits 33: Data Table on Comparison by Product
Exhibits 34: Chart on ASIC - Market size and forecast 2022-2027 ($ million)
Exhibits 35: Data Table on ASIC - Market size and forecast 2022-2027 ($ million)
Exhibits 36: Chart on ASIC - Year-over-year growth 2022-2027 (%)
Exhibits 37: Data Table on ASIC - Year-over-year growth 2022-2027 (%)
Exhibits 38: Chart on GPU - Market size and forecast 2022-2027 ($ million)
Exhibits 39: Data Table on GPU - Market size and forecast 2022-2027 ($ million)
Exhibits 40: Chart on GPU - Year-over-year growth 2022-2027 (%)
Exhibits 41: Data Table on GPU - Year-over-year growth 2022-2027 (%)
Exhibits 42: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibits 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibits 44: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibits 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
Exhibits 46: Market opportunity by Product ($ million)
Exhibits 47: Chart on Application - Market share 2022-2027 (%)
Exhibits 48: Data Table on Application - Market share 2022-2027 (%)
Exhibits 49: Chart on Comparison by Application
Exhibits 50: Data Table on Comparison by Application
Exhibits 51: Chart on Bitcoin mining - Market size and forecast 2022-2027 ($ million)
Exhibits 52: Data Table on Bitcoin mining - Market size and forecast 2022-2027 ($ million)
Exhibits 53: Chart on Bitcoin mining - Year-over-year growth 2022-2027 (%)
Exhibits 54: Data Table on Bitcoin mining - Year-over-year growth 2022-2027 (%)
Exhibits 55: Chart on Ethereum mining - Market size and forecast 2022-2027 ($ million)
Exhibits 56: Data Table on Ethereum mining - Market size and forecast 2022-2027 ($ million)
Exhibits 57: Chart on Ethereum mining - Year-over-year growth 2022-2027 (%)
Exhibits 58: Data Table on Ethereum mining - Year-over-year growth 2022-2027 (%)
Exhibits 59: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibits 60: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibits 61: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibits 62: Data Table on Others - Year-over-year growth 2022-2027 (%)
Exhibits 63: Market opportunity by Application ($ million)
Exhibits 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 65: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibits 66: Data Table on Market share By Geographical Landscape 2022-2027 (%)
Exhibits 67: Chart on Geographic comparison
Exhibits 68: Data Table on Geographic comparison
Exhibits 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibits 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibits 71: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibits 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
Exhibits 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibits 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibits 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 77: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibits 78: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibits 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibits 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibits 83: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibits 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
Exhibits 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibits 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibits 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 89: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibits 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibits 91: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibits 92: Data Table on US - Year-over-year growth 2022-2027 (%)
Exhibits 93: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibits 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibits 95: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibits 96: Data Table on China - Year-over-year growth 2022-2027 (%)
Exhibits 97: Chart on Russia - Market size and forecast 2022-2027 ($ million)
Exhibits 98: Data Table on Russia - Market size and forecast 2022-2027 ($ million)
Exhibits 99: Chart on Russia - Year-over-year growth 2022-2027 (%)
Exhibits 100: Data Table on Russia - Year-over-year growth 2022-2027 (%)
Exhibits 101: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibits 102: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibits 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibits 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)
Exhibits 105: Chart on Ireland - Market size and forecast 2022-2027 ($ million)
Exhibits 106: Data Table on Ireland - Market size and forecast 2022-2027 ($ million)
Exhibits 107: Chart on Ireland - Year-over-year growth 2022-2027 (%)
Exhibits 108: Data Table on Ireland - Year-over-year growth 2022-2027 (%)
Exhibits 109: Market opportunity By Geographical Landscape ($ million)
Exhibits 110: Impact of drivers and challenges in 2022 and 2027
Exhibits 111: Overview on Criticality of inputs and Factors of differentiation
Exhibits 112: Overview on factors of disruption
Exhibits 113: Impact of key risks on business
Exhibits 114: Vendors covered
Exhibits 115: Matrix on vendor position and classification
Exhibits 116: BIT Digital Inc. - Overview
Exhibits 117: BIT Digital Inc. - Product / Service
Exhibits 118: BIT Digital Inc. - Key offerings
Exhibits 119: BitMain Group - Overview
Exhibits 120: BitMain Group - Product / Service
Exhibits 121: BitMain Group - Key offerings
Exhibits 122: Canaan Inc. - Overview
Exhibits 123: Canaan Inc. - Product / Service
Exhibits 124: Canaan Inc. - Key offerings
Exhibits 125: Ebang International Holdings Inc. - Overview
Exhibits 126: Ebang International Holdings Inc. - Product / Service
Exhibits 127: Ebang International Holdings Inc. - Key offerings
Exhibits 128: Elite Mining Inc. - Overview
Exhibits 129: Elite Mining Inc. - Product / Service
Exhibits 130: Elite Mining Inc. - Key offerings
Exhibits 131: ePIC Blockchain Technologies Inc. - Overview
Exhibits 132: ePIC Blockchain Technologies Inc. - Product / Service
Exhibits 133: ePIC Blockchain Technologies Inc. - Key offerings
Exhibits 134: Helium Systems Inc. - Overview
Exhibits 135: Helium Systems Inc. - Product / Service
Exhibits 136: Helium Systems Inc. - Key offerings
Exhibits 137: HIVE Blockchain Technologies Ltd. - Overview
Exhibits 138: HIVE Blockchain Technologies Ltd. - Product / Service
Exhibits 139: HIVE Blockchain Technologies Ltd. - Key offerings
Exhibits 140: Hut 8 Mining Corp. - Overview
Exhibits 141: Hut 8 Mining Corp. - Product / Service
Exhibits 142: Hut 8 Mining Corp. - Key offerings
Exhibits 143: Intelion Mine LLC - Overview
Exhibits 144: Intelion Mine LLC - Product / Service
Exhibits 145: Intelion Mine LLC - Key offerings
Exhibits 146: Marathon Digital Holdings Inc. - Overview
Exhibits 147: Marathon Digital Holdings Inc. - Product / Service
Exhibits 148: Marathon Digital Holdings Inc. - Key offerings
Exhibits 149: Riot Blockchain Inc. - Overview
Exhibits 150: Riot Blockchain Inc. - Business segments
Exhibits 151: Riot Blockchain Inc. - Key offerings
Exhibits 152: Riot Blockchain Inc. - Segment focus
Exhibits 153: Shenzhen Fusionsilicon Semiconductor Co. Ltd. - Overview
Exhibits 154: Shenzhen Fusionsilicon Semiconductor Co. Ltd. - Product / Service
Exhibits 155: Shenzhen Fusionsilicon Semiconductor Co. Ltd. - Key offerings
Exhibits 156: Shenzhen Jingang Zhuoyue Co., Ltd - Overview
Exhibits 157: Shenzhen Jingang Zhuoyue Co., Ltd - Product / Service
Exhibits 158: Shenzhen Jingang Zhuoyue Co., Ltd - Key offerings
Exhibits 159: Spondoolies Ltd. - Overview
Exhibits 160: Spondoolies Ltd. - Product / Service
Exhibits 161: Spondoolies Ltd. - Key offerings
Exhibits 162: Inclusions checklist
Exhibits 163: Exclusions checklist
Exhibits 164: Currency conversion rates for US$
Exhibits 165: Research methodology
Exhibits 166: Validation techniques employed for market sizing
Exhibits 167: Information sources
Exhibits 168: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global cryptocurrency mining hardware market: Argo Blockchain Plc, BIT Digital Inc., Bitfarms Ltd., BitMain Group, Canaan Inc., Ebang International Holdings Inc., Elite Mining Inc., ePIC Blockchain Technologies Inc., Genesis Mining Ltd., GMO Internet Group Inc., Helium Systems Inc., HIVE Blockchain Technologies Ltd., Hut 8 Mining Corp., Intelion Mine LLC, Marathon Digital Holdings Inc., NiceHash Ltd., Riot Blockchain Inc., Shenzhen Fusionsilicon Semiconductor Co. Ltd., Shenzhen Jingang Zhuoyue Co., Ltd, Shenzhen MicroBT Electronics Technology Co. Ltd, and Spondoolies Ltd.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is acceptance of cryptocurrency by retailers.`

According to the report, one of the major drivers for this market is the profitability of cryptocurrency mining ventures.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Argo Blockchain Plc
  • BIT Digital Inc.
  • Bitfarms Ltd.
  • BitMain Group
  • Canaan Inc.
  • Ebang International Holdings Inc.
  • Elite Mining Inc.
  • ePIC Blockchain Technologies Inc.
  • Genesis Mining Ltd.
  • GMO Internet Group Inc.
  • Helium Systems Inc.
  • HIVE Blockchain Technologies Ltd.
  • Hut 8 Mining Corp.
  • Intelion Mine LLC
  • Marathon Digital Holdings Inc.
  • NiceHash Ltd.
  • Riot Blockchain Inc.
  • Shenzhen Fusionsilicon Semiconductor Co. Ltd.
  • Shenzhen Jingang Zhuoyue Co. Ltd
  • Shenzhen MicroBT Electronics Technology Co. Ltd
  • Spondoolies Ltd.