Dublin, Sept. 21, 2023 (GLOBE NEWSWIRE) — The “Global Cryptocurrency Mining Market Report and Forecast 2023-2028” report has been added to ResearchAndMarkets.com’s offering.
Global cryptocurrency mining market reached a value of USD 2.61 billion in 2022. Aided by the rising interest in digital currencies and the expanding applications of blockchain technology across various sectors, the market is projected to further grow at a CAGR of 9.15% between 2023 and 2028 to reach a value of USD 3.95 billion by 2028.
The global cryptocurrency mining market is witnessing substantial growth driven by increasing public interest in cryptocurrencies and their potential as alternative investments.
Cryptocurrency mining, a resource-intensive computational process, plays a pivotal role in verifying and recording digital asset transactions on the blockchain. Popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin are frequently mined, creating a demand surge for sophisticated computer systems a
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