

Bitcoin mining is the process by which new bitcoins are created and transactions are verified on the Bitcoin network. It involves using computer hardware to solve complex mathematical puzzles, which in turn validates and secures transactions on the blockchain.
The global Bitcoin Mining market size is projected to grow from US$ 14480 million in 2024 to US$ 17190 million in 2030; it is expected to grow at a CAGR of 2.9% from 2024 to 2030.
The “Bitcoin Mining Industry Forecast” looks at past sales and reviews total world Bitcoin Mining sales in 2022, providing a comprehensive analysis by region and market sector of projected Bitcoin Mining sales for 2023 through 2029. With Bitcoin Mining sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bitcoin Mining industry.
This Insight Report provides a comprehensive analysis of the global Bitcoin Mining landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Bitcoin Mining portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Bitcoin Mining market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bitcoin Mining and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bitcoin Mining.
Global Cryptocurrency Mining includes HIVE Blockchain Technologies, Bitfarms, Hut 8 Mining, Argo Blockchain and Bit Digital, etc. Global top 5 companies hold a share over 3.3%. North America is the largest market, with a share about 53%, followed by Asia-Pacific and Europe with the share about 23% and 22%.
This report presents a comprehensive overview, market shares, and growth opportunities of Bitcoin Mining market by product type, application, key players and key regions and countries.
Segmentation by Type:
ASICs
GPUs
FPGAs
Segmentation by Application:
Remote Hosting Services
Cloud Mining
Self-mining
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
ASICs
GPUs
FPGAs
Segmentation by Application:
Remote Hosting Services
Cloud Mining
Self-mining
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
HIVE Blockchain Technologies
Bitfarms
Hut 8 Mining
Argo Blockchain
Bit Digital
GMO Internet
Riot Blockchain
Core Scientific
Marathon Digital Holdings
MGT Capital Investments
Ault Global Holdings
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Bitcoin Mining Market Size 2019-2030
2.1.2 Bitcoin Mining Market Size CAGR by Region (2019 VS 2023 VS 2030)
2.1.3 World Current & Future Analysis for Bitcoin Mining by Country/Region, 2019, 2023 & 2030
2.2 Bitcoin Mining Segment by Type
2.2.1 ASICs
2.2.2 GPUs
2.2.3 FPGAs
2.3 Bitcoin Mining Market Size by Type
2.3.1 Bitcoin Mining Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Bitcoin Mining Market Size Market Share by Type (2019-2024)
2.4 Bitcoin Mining Segment by Application
2.4.1 Remote Hosting Services
2.4.2 Cloud Mining
2.4.3 Self-mining
2.5 Bitcoin Mining Market Size by Application
2.5.1 Bitcoin Mining Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Bitcoin Mining Market Size Market Share by Application (2019-2024)
3 Bitcoin Mining Market Size by Player
3.1 Bitcoin Mining Market Size Market Share by Player
3.1.1 Global Bitcoin Mining Revenue by Player (2019-2024)
3.1.2 Global Bitcoin Mining Revenue Market Share by Player (2019-2024)
3.2 Global Bitcoin Mining Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Bitcoin Mining by Region
4.1 Bitcoin Mining Market Size by Region (2019-2024)
4.2 Global Bitcoin Mining Annual Revenue by Country/Region (2019-2024)
4.3 Americas Bitcoin Mining Market Size Growth (2019-2024)
4.4 APAC Bitcoin Mining Market Size Growth (2019-2024)
4.5 Europe Bitcoin Mining Market Size Growth (2019-2024)
4.6 Middle East & Africa Bitcoin Mining Market Size Growth (2019-2024)
5 Americas
5.1 Americas Bitcoin Mining Market Size by Country (2019-2024)
5.2 Americas Bitcoin Mining Market Size by Type (2019-2024)
5.3 Americas Bitcoin Mining Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Bitcoin Mining Market Size by Region (2019-2024)
6.2 APAC Bitcoin Mining Market Size by Type (2019-2024)
6.3 APAC Bitcoin Mining Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Bitcoin Mining Market Size by Country (2019-2024)
7.2 Europe Bitcoin Mining Market Size by Type (2019-2024)
7.3 Europe Bitcoin Mining Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Bitcoin Mining by Region (2019-2024)
8.2 Middle East & Africa Bitcoin Mining Market Size by Type (2019-2024)
8.3 Middle East & Africa Bitcoin Mining Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Bitcoin Mining Market Forecast
10.1 Global Bitcoin Mining Forecast by Region (2025-2030)
10.1.1 Global Bitcoin Mining Forecast by Region (2025-2030)
10.1.2 Americas Bitcoin Mining Forecast
10.1.3 APAC Bitcoin Mining Forecast
10.1.4 Europe Bitcoin Mining Forecast
10.1.5 Middle East & Africa Bitcoin Mining Forecast
10.2 Americas Bitcoin Mining Forecast by Country (2025-2030)
10.2.1 United States Market Bitcoin Mining Forecast
10.2.2 Canada Market Bitcoin Mining Forecast
10.2.3 Mexico Market Bitcoin Mining Forecast
10.2.4 Brazil Market Bitcoin Mining Forecast
10.3 APAC Bitcoin Mining Forecast by Region (2025-2030)
10.3.1 China Bitcoin Mining Market Forecast
10.3.2 Japan Market Bitcoin Mining Forecast
10.3.3 Korea Market Bitcoin Mining Forecast
10.3.4 Southeast Asia Market Bitcoin Mining Forecast
10.3.5 India Market Bitcoin Mining Forecast
10.3.6 Australia Market Bitcoin Mining Forecast
10.4 Europe Bitcoin Mining Forecast by Country (2025-2030)
10.4.1 Germany Market Bitcoin Mining Forecast
10.4.2 France Market Bitcoin Mining Forecast
10.4.3 UK Market Bitcoin Mining Forecast
10.4.4 Italy Market Bitcoin Mining Forecast
10.4.5 Russia Market Bitcoin Mining Forecast
10.5 Middle East & Africa Bitcoin Mining Forecast by Region (2025-2030)
10.5.1 Egypt Market Bitcoin Mining Forecast
10.5.2 South Africa Market Bitcoin Mining Forecast
10.5.3 Israel Market Bitcoin Mining Forecast
10.5.4 Turkey Market Bitcoin Mining Forecast
10.6 Global Bitcoin Mining Forecast by Type (2025-2030)
10.7 Global Bitcoin Mining Forecast by Application (2025-2030)
10.7.1 GCC Countries Market Bitcoin Mining Forecast
11 Key Players Analysis
11.1 HIVE Blockchain Technologies
11.1.1 HIVE Blockchain Technologies Company Information
11.1.2 HIVE Blockchain Technologies Bitcoin Mining Product Offered
11.1.3 HIVE Blockchain Technologies Bitcoin Mining Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 HIVE Blockchain Technologies Main Business Overview
11.1.5 HIVE Blockchain Technologies Latest Developments
11.2 Bitfarms
11.2.1 Bitfarms Company Information
11.2.2 Bitfarms Bitcoin Mining Product Offered
11.2.3 Bitfarms Bitcoin Mining Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Bitfarms Main Business Overview
11.2.5 Bitfarms Latest Developments
11.3 Hut 8 Mining
11.3.1 Hut 8 Mining Company Information
11.3.2 Hut 8 Mining Bitcoin Mining Product Offered
11.3.3 Hut 8 Mining Bitcoin Mining Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Hut 8 Mining Main Business Overview
11.3.5 Hut 8 Mining Latest Developments
11.4 Argo Blockchain
11.4.1 Argo Blockchain Company Information
11.4.2 Argo Blockchain Bitcoin Mining Product Offered
11.4.3 Argo Blockchain Bitcoin Mining Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Argo Blockchain Main Business Overview
11.4.5 Argo Blockchain Latest Developments
11.5 Bit Digital
11.5.1 Bit Digital Company Information
11.5.2 Bit Digital Bitcoin Mining Product Offered
11.5.3 Bit Digital Bitcoin Mining Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Bit Digital Main Business Overview
11.5.5 Bit Digital Latest Developments
11.6 GMO Internet
11.6.1 GMO Internet Company Information
11.6.2 GMO Internet Bitcoin Mining Product Offered
11.6.3 GMO Internet Bitcoin Mining Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 GMO Internet Main Business Overview
11.6.5 GMO Internet Latest Developments
11.7 Riot Blockchain
11.7.1 Riot Blockchain Company Information
11.7.2 Riot Blockchain Bitcoin Mining Product Offered
11.7.3 Riot Blockchain Bitcoin Mining Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Riot Blockchain Main Business Overview
11.7.5 Riot Blockchain Latest Developments
11.8 Core Scientific
11.8.1 Core Scientific Company Information
11.8.2 Core Scientific Bitcoin Mining Product Offered
11.8.3 Core Scientific Bitcoin Mining Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Core Scientific Main Business Overview
11.8.5 Core Scientific Latest Developments
11.9 Marathon Digital Holdings
11.9.1 Marathon Digital Holdings Company Information
11.9.2 Marathon Digital Holdings Bitcoin Mining Product Offered
11.9.3 Marathon Digital Holdings Bitcoin Mining Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Marathon Digital Holdings Main Business Overview
11.9.5 Marathon Digital Holdings Latest Developments
11.10 MGT Capital Investments
11.10.1 MGT Capital Investments Company Information
11.10.2 MGT Capital Investments Bitcoin Mining Product Offered
11.10.3 MGT Capital Investments Bitcoin Mining Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 MGT Capital Investments Main Business Overview
11.10.5 MGT Capital Investments Latest Developments
11.11 Ault Global Holdings
11.11.1 Ault Global Holdings Company Information
11.11.2 Ault Global Holdings Bitcoin Mining Product Offered
11.11.3 Ault Global Holdings Bitcoin Mining Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Ault Global Holdings Main Business Overview
11.11.5 Ault Global Holdings Latest Developments
12 Research Findings and Conclusion
*If Applicable.