Cryptocurrency Mining Hardware: Global Market Forecasts 2018-2022 with Advanced Micro Devices, Baikal Miner, BitFury, Bitmain, and Canaan Creative Dominating - ResearchAndMarkets.com

Cryptocurrency Mining Hardware: Global Market Forecasts 2018-2022 with Advanced Micro Devices, Baikal Miner, BitFury, Bitmain, and Canaan Creative Dominating – ResearchAndMarkets.com

Crypto / ICO


DUBLIN–(BUSINESS WIRE)–The “Global
Cryptocurrency Mining Hardware Market 2018-2022”
report has
been added to ResearchAndMarkets.com’s offering.

The global cryptocurrency mining hardware market is forecast to grow at
a CAGR of 9.66% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with
inputs from industry experts. The report covers the market landscape and
its growth prospects over the coming years. The report also includes a
discussion of the key vendors operating in this market.

One trend in the market is acceptance of cryptocurrency by retailers.
The rising trend of acceptance of cryptocurrency by retailers is one of
the key factors driving the growth of the cryptocurrency mining hardware
market. Large retailers are steadily adopting cryptocurrencies such as
Bitcoin and Ether for carrying out their financial transactions.

According to the report, one driver in the market is profitability of
cryptocurrency mining ventures. Cryptocurrency miners acquire
cryptocurrency profit that is decided by the quantity of every
successful transaction and contains the processing power used by the
mining hardware. To increase the profitability of their cryptocurrency
mining ventures, miners are expanding and setting up large-scale
dedicated rigs.

Further, the report states that one challenge in the market is
volatility in value of cryptocurrency. The value of cryptocurrency is
extremely volatile. Hence, low-risk investors do not include
cryptocurrency in their financial portfolios. The volatility of value is
due to the significant share of cryptocurrency held by a limited number
of people who buy and sell high volumes on trading platforms and trade
exchanges.

Key Vendors

  • Advanced Micro Devices
  • Baikal Miner
  • BitFury
  • Bitmain
  • Canaan Creative

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Product

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/7djj9s/cryptocurrency?w=4



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