RATE Group | Analysis of COVID-19-Cryptocurrency Mining Hardware Market 2019-2023 | Popularity of Mining Pools to Boost Growth | Technavio
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Analysis of COVID-19-Cryptocurrency Mining Hardware Market 2019-2023 | Popularity of Mining Pools to Boost Growth | Technavio

16 Apr Analysis of COVID-19-Cryptocurrency Mining Hardware Market 2019-2023 | Popularity of Mining Pools to Boost Growth | Technavio

Posted at 21:53h in Cryptocurrency News by

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the cryptocurrency mining hardware market, and it is poised to grow by USD 2.7 billion during 2019-2023, progressing at a CAGR of 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Advanced Micro Devices, Inc, Baikal Miner, Bitfury Group Limited, BitMain Technologies Holding Company, and Canaan Creative CO., LTD. are some of the major market participants. The popularity of mining pools will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth…

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