RATE Group | Cryptocurrency Mining Hardware Market 2019-2023 | Evolving Opportunities with Advanced M…
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Cryptocurrency Mining Hardware Market 2019-2023 | Evolving Opportunities with Advanced M…

24 Oct Cryptocurrency Mining Hardware Market 2019-2023 | Evolving Opportunities with Advanced M…

Posted at 18:00h in Cryptocurrency News by

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LONDON–(BUSINESS WIRE)–The global cryptocurrency mining hardware market is poised to grow by USD 2.7 billion during 2019-2023, progressing at a CAGR of over 10% during the forecast period.

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Read the 128-page research report with TOC on “Cryptocurrency Mining Hardware Market Analysis Report by Product (application-specific integrated circuit (ASIC) and graphics processing units (GPU), by Geography (APAC, North America, Europe, South America, and MEA), and Segment Forecasts, 2019 – 2023”

The market is driven by the rising popularity of mining pools. In addition, the use of smartphones and applications to mine cryptocurrency is anticipated to further boost the growth of the cryptocurrency mining hardware market.

The rising popularity of mining pools will be one of the major drivers in the global cryptocurrency mining hardware market. Mining pools are groups of miners who work together by combining their computational resources and sharing…

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