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The “Global Cryptocurrency Mining Hardware Market 2019-2023” report has been added toResearchAndMarkets.com’s offering.
The increasing number of product launches are expected to trigger market growth during the forecast period. Vendors are making significant investments in research and development for developing innovative technologies and new products. In addition, they are incorporating different technologies for increasing the hash rate and reducing power consumption for making mining more efficient. Such a rising number of product launches will boost the cryptocurrency mining hardware market during the forecast period. The analysts have predicted that the cryptocurrency mining hardware market will register a CAGR of over 10% by 2023.
One of the growth drivers of the global cryptocurrency mining hardware market is the growing demand for cryptocurrency-specific hardware. This has led to the development of field-programmable gate array (FPGA) processors and ASICs that use hard-wired logic chipsets, which are specifically designed with hash-solving instructions.
One of the challenges in the growth of the global cryptocurrency mining hardware market is the high operational cost leading to low-profit margins. The rise in the number of cryptocurrency startups closing their operations will affect the growth of the market during the forecast period.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
For more information about this report visit https://www.researchandmarkets.com/r/31jfiz
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