Product ID: SQMIG40D2017
Report ID:
SQMIG40D2017 |
Region:
Global |
Published Date: April, 2024
Pages:
207
|
Tables:
63 |
Figures:
75
Large-scale institutional companies and small-scale independent miners coexist in the competitive environment of the global cryptocurrency mining business, each striving for a piece of the substantial profits provided by blockchain networks. The mining industry has greatly changed since it was a passionate pastime and is now a sophisticated and cutthroat business.
At one end of the range, well-known mining firms like Bitmain (China), MicroBT (China), and Canaan Creative (China) have made a name for themselves as important hardware producers, dominating the market with their high-performance ASIC miners. These businesses have a lot of sway since they manage many mining pools and provide mining equipment to miners all around the world. They are able to keep a competitive advantage because to their vast resources and technological expertise.
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Product ID: SQMIG40D2017