
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 was valued at US$ 14440 million in 2023 and is anticipated to reach US$ 17470 million by 2030, witnessing a CAGR of 2.8% during the forecast period 2024-2030.
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 aims to provide a comprehensive presentation of the global market for Bitcoin Mining, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bitcoin Mining.
The Bitcoin Mining market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Bitcoin Mining market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Bitcoin Mining companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
ASICs
GPUs
FPGAs
Segment by Application
Remote Hosting Services
Cloud Mining
Self-mining
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Bitcoin Mining company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Bitcoin Mining Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 ASICs
1.2.3 GPUs
1.2.4 FPGAs
1.3 Market by Application
1.3.1 Global Bitcoin Mining Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Remote Hosting Services
1.3.3 Cloud Mining
1.3.4 Self-mining
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Bitcoin Mining Market Perspective (2019-2030)
2.2 Global Bitcoin Mining Growth Trends by Region
2.2.1 Global Bitcoin Mining Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Bitcoin Mining Historic Market Size by Region (2019-2024)
2.2.3 Bitcoin Mining Forecasted Market Size by Region (2025-2030)
2.3 Bitcoin Mining Market Dynamics
2.3.1 Bitcoin Mining Industry Trends
2.3.2 Bitcoin Mining Market Drivers
2.3.3 Bitcoin Mining Market Challenges
2.3.4 Bitcoin Mining Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Bitcoin Mining Players by Revenue
3.1.1 Global Top Bitcoin Mining Players by Revenue (2019-2024)
3.1.2 Global Bitcoin Mining Revenue Market Share by Players (2019-2024)
3.2 Global Bitcoin Mining Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Bitcoin Mining Revenue
3.4 Global Bitcoin Mining Market Concentration Ratio
3.4.1 Global Bitcoin Mining Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Bitcoin Mining Revenue in 2023
3.5 Global Key Players of Bitcoin Mining Head office and Area Served
3.6 Global Key Players of Bitcoin Mining, Product and Application
3.7 Global Key Players of Bitcoin Mining, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Bitcoin Mining Breakdown Data by Type
4.1 Global Bitcoin Mining Historic Market Size by Type (2019-2024)
4.2 Global Bitcoin Mining Forecasted Market Size by Type (2025-2030)
5 Bitcoin Mining Breakdown Data by Application
5.1 Global Bitcoin Mining Historic Market Size by Application (2019-2024)
5.2 Global Bitcoin Mining Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Bitcoin Mining Market Size (2019-2030)
6.2 North America Bitcoin Mining Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Bitcoin Mining Market Size by Country (2019-2024)
6.4 North America Bitcoin Mining Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Bitcoin Mining Market Size (2019-2030)
7.2 Europe Bitcoin Mining Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Bitcoin Mining Market Size by Country (2019-2024)
7.4 Europe Bitcoin Mining Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Bitcoin Mining Market Size (2019-2030)
8.2 Asia-Pacific Bitcoin Mining Market Growth Rate by Country: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Bitcoin Mining Market Size by Region (2019-2024)
8.4 Asia-Pacific Bitcoin Mining Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Bitcoin Mining Market Size (2019-2030)
9.2 Latin America Bitcoin Mining Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Bitcoin Mining Market Size by Country (2019-2024)
9.4 Latin America Bitcoin Mining Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Bitcoin Mining Market Size (2019-2030)
10.2 Middle East & Africa Bitcoin Mining Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Bitcoin Mining Market Size by Country (2019-2024)
10.4 Middle East & Africa Bitcoin Mining Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 HIVE Blockchain Technologies
11.1.1 HIVE Blockchain Technologies Company Details
11.1.2 HIVE Blockchain Technologies Business Overview
11.1.3 HIVE Blockchain Technologies Bitcoin Mining Introduction
11.1.4 HIVE Blockchain Technologies Revenue in Bitcoin Mining Business (2019-2024)
11.1.5 HIVE Blockchain Technologies Recent Development
11.2 Bitfarms
11.2.1 Bitfarms Company Details
11.2.2 Bitfarms Business Overview
11.2.3 Bitfarms Bitcoin Mining Introduction
11.2.4 Bitfarms Revenue in Bitcoin Mining Business (2019-2024)
11.2.5 Bitfarms Recent Development
11.3 Hut 8 Mining
11.3.1 Hut 8 Mining Company Details
11.3.2 Hut 8 Mining Business Overview
11.3.3 Hut 8 Mining Bitcoin Mining Introduction
11.3.4 Hut 8 Mining Revenue in Bitcoin Mining Business (2019-2024)
11.3.5 Hut 8 Mining Recent Development
11.4 Argo Blockchain
11.4.1 Argo Blockchain Company Details
11.4.2 Argo Blockchain Business Overview
11.4.3 Argo Blockchain Bitcoin Mining Introduction
11.4.4 Argo Blockchain Revenue in Bitcoin Mining Business (2019-2024)
11.4.5 Argo Blockchain Recent Development
11.5 Bit Digital
11.5.1 Bit Digital Company Details
11.5.2 Bit Digital Business Overview
11.5.3 Bit Digital Bitcoin Mining Introduction
11.5.4 Bit Digital Revenue in Bitcoin Mining Business (2019-2024)
11.5.5 Bit Digital Recent Development
11.6 GMO Internet
11.6.1 GMO Internet Company Details
11.6.2 GMO Internet Business Overview
11.6.3 GMO Internet Bitcoin Mining Introduction
11.6.4 GMO Internet Revenue in Bitcoin Mining Business (2019-2024)
11.6.5 GMO Internet Recent Development
11.7 Riot Blockchain
11.7.1 Riot Blockchain Company Details
11.7.2 Riot Blockchain Business Overview
11.7.3 Riot Blockchain Bitcoin Mining Introduction
11.7.4 Riot Blockchain Revenue in Bitcoin Mining Business (2019-2024)
11.7.5 Riot Blockchain Recent Development
11.8 Core Scientific
11.8.1 Core Scientific Company Details
11.8.2 Core Scientific Business Overview
11.8.3 Core Scientific Bitcoin Mining Introduction
11.8.4 Core Scientific Revenue in Bitcoin Mining Business (2019-2024)
11.8.5 Core Scientific Recent Development
11.9 Marathon Digital Holdings
11.9.1 Marathon Digital Holdings Company Details
11.9.2 Marathon Digital Holdings Business Overview
11.9.3 Marathon Digital Holdings Bitcoin Mining Introduction
11.9.4 Marathon Digital Holdings Revenue in Bitcoin Mining Business (2019-2024)
11.9.5 Marathon Digital Holdings Recent Development
11.10 MGT Capital Investments
11.10.1 MGT Capital Investments Company Details
11.10.2 MGT Capital Investments Business Overview
11.10.3 MGT Capital Investments Bitcoin Mining Introduction
11.10.4 MGT Capital Investments Revenue in Bitcoin Mining Business (2019-2024)
11.10.5 MGT Capital Investments Recent Development
11.11 Ault Global Holdings
11.11.1 Ault Global Holdings Company Details
11.11.2 Ault Global Holdings Business Overview
11.11.3 Ault Global Holdings Bitcoin Mining Introduction
11.11.4 Ault Global Holdings Revenue in Bitcoin Mining Business (2019-2024)
11.11.5 Ault Global Holdings Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
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
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*If Applicable.
