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Report Overview

The global cryptocurrency mining market size reached nearly USD 3.29 Billion in 2025. The market is projected to grow at a CAGR of 12.20% between 2026 and 2035 to reach a value of around USD 10.40 Billion by 2035.

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

Compound Annual Growth Rate

12.2%

Value in USD Billion

2026-2035


*this image is indicative*

Global Cryptocurrency Mining Market Report Summary Description Value
Base Year USD Billion 2025
Historical Period USD Billion 2019-2025
Forecast Period USD Billion 2026-2035
Market Size 2025 USD Billion 3.29
Market Size 2035 USD Billion 10.40
CAGR 2019-2025 Percentage XX%
CAGR 2026-2035 Percentage 12.20%
CAGR 2026-2035 - Market by Region North America 12.7%
CAGR 2026-2035 - Market by Country India 13.8%
CAGR 2026-2035 - Market by Country UK 13.3%
CAGR 2026-2035 - Market by Mining Enterprise Large Miners 13.6%
CAGR 2026-2035 - Market by Revenue Source Block Rewards 12.6%
Market Share by Country 2025 UK 4.6%

Key Trends in the Market

Cryptocurrency mining refers to a process of establishing a cryptocurrency network with security. This process involves the verification of transactions, the creation of new blockchains, and the addition of transactions to a distributed ledger.

  • Increasing awareness pertaining to financial gains in cryptocurrency activities is driving the market growth. In addition, cryptocurrency provides high profitability in a short amount of time as compared to long-term money commitments, which is further propelling the cryptocurrency mining market growth.
  • The growing adoption of advanced technologies in cryptocurrency mining, such as immersion cooling, and cloud-based crypto mining software, to maximise profit is adding to the market growth. Over the forecast period, increasing mergers and acquisitions activities by key players, coupled with the foray of traditional companies into cryptocurrency mining, are likely to support the market.
  • Favourable policies of various governments aimed towards legalising cryptocurrency are crucial cryptocurrency mining market trends. The legalisation of cryptocurrency is likely to spearhead foreign trading activities, which, in turn, is expected to boost cryptocurrency mining activities in the coming years.

Market Segmentation

The EMR’s report titled “Cryptocurrency Mining Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:

Market Breakup by Mining Type

  • Self-Mining
  • Cloud Mining Services
  • Remote Hosting Services

Market Breakup by Hardware

  • ASIC
  • GPU
  • CPU
  • Others

Market Breakup by Mining Enterprise

  • Large Miners
  • Small Miners

Market Breakup by Revenue Source

  • Transaction Fees 
  • Block Rewards

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

CAGR 2026-2035 - Market by Country
India 13.8%
UK 13.3%
Brazil 13.3%
China 12.6%
USA 12.6%
Canada XX%
Germany 12.0%
France XX%
Italy XX%
Japan XX%
Australia XX%
Saudi Arabia XX%
Mexico XX%

Market Share by Hardware

As per the cryptocurrency mining market analysis, ASIC is likely to witness an accelerated growth in the forecast period, owing to its high performance and ability to carry out quick mathematical operations and facilitate the development of new blocks in the blockchain. Over the forecast period, the anticipated increase in the demand for ASIC in large enterprises is likely to drive the segment’s growth.

Market Share by Mining Type

Remote hosting services account for a significant portion of the cryptocurrency mining market. Such services offer 24X7 technical support, mining pool management, and space for equipment storage, among other facilities to, provide enhanced convenience to miners.

Meanwhile, cloud mining services are expected to witness a steady growth in the forecast period as they are cost-effective and eliminate the requirement for expensive mining equipment.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global cryptocurrency mining market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

Binance Holdings

Binance Holdings is a company which deals with the trading and exchanging of large volumes of cryptocurrencies. It was founded in 2017 and offers ICO platforms and blockchain funds.

BIT Mining Limited

BIT Mining Limited is a renowned publicly traded cryptocurrency mining enterprise which focuses on creating value in the cryptocurrency sector, mining pools, and data centre operations, among others. It was established in 2001 and owns BTC.com, a leading blockchain browser.

Greenidge Generation Holdings Inc.

Greenidge Generation Holdings Inc. is a vertically integrated cryptocurrency data centre and a company which generates power and offers expertise in blockchain. The company was founded in 1937 and is headquartered in Connecticut, the United States.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other market players include Genesis Mining Ltd., NiceHash, Bitmain Technologies Ltd., Bitfury Group Limited, Startminer, Riot Platforms, Inc., and BeMine, among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market reached a value of nearly USD 3.29 Billion in 2025.

The market is estimated to grow at a CAGR of 12.20% between 2026 and 2035.

The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach a value of around USD 10.40 Billion by 2035.

The Increasing awareness pertaining to the financial gains from cryptocurrency, favourable policies of various governments aimed towards legalising cryptocurrency, and an increase in demand for ASIC in large enterprises are the major drivers of the market.

The key trends in the market include increasing merger and acquisition activities and the growing adoption of advanced technologies in cryptocurrency mining, such as immersion cooling, and cloud-based crypto mining software, to maximise profit.

Self-mining, cloud mining services, and remote hosting services are the different mining types included in the market report.

ASIC, GPU, and CPU, among others, are the major segments based on hardware considered in the market report.

Binance Holdings, BIT Mining Limited, Greenidge Generation Holdings Inc., Genesis Mining Ltd., NiceHash, Bitmain Technologies Ltd., Bitfury Group Limited, Startminer, Riot Platforms, Inc., and BeMine, among others, are the key market players.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Mining Type
  • Hardware
  • Mining Enterprise
  • Revenue Source
  • Region
Breakup by Mining Type
  • Self-Mining
  • Cloud Mining Services
  • Remote Hosting Services
Breakup by Hardware
  • ASIC
  • GPU
  • CPU
  • Others
Breakup by Mining Enterprise
  • Large Miners
  • Small Miners
Breakup by Revenue Source
  • Transaction Fees 
  • Block Rewards
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Binance Holdings
  • BIT Mining Limited
  • Greenidge Generation Holdings Inc.
  • Genesis Mining Ltd.
  • NiceHash
  • Bitmain Technologies Ltd. 
  • Bitfury Group Limited 
  • Startminer
  • Riot Platforms, Inc.
  • BeMine
  • Others

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