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Los Angeles, CA -- (SBWIRE) -- 10/12/2018 -- Cryptocurrency mining refers to the principle of block chain technology which includes the assembling of transactions into blocks and then executes multiple computations, which further seal those blocks. The main advantage of cryptocurrency mining is that it verifies the transaction and in return provides transaction fees and new block.
The adoption of cryptocurrency mining services such as cloud mining services and remote hosting services is increasing in the developed regions. This factor is estimated to showcase a significant growth in the global cryptocurrency mining equipment market over the forecast period. Apart from this, increasing technological advancement in GPUs and ASICs is providing the miners with higher probability. This factor is expected to increase the growth of global cryptocurrency mining equipment market over the forecast period.
This report focuses on the global Cryptocurrency Mining Equipment status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cryptocurrency Mining Equipment development in United States, Europe and China.
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The key players covered in this study
Advanced Micro Devices
Russian Miner Coin
Zhejiang Ebang Communication
Taiwan Semiconductor Manufacturing Company (TSMC)
Market analysis by product type
Graphics Processing Units (GPUs)
Field Programmable Gate Arrays (FPGAs)
Application Specific Integrated Circuits (ASICs)
Market analysis by market
Cloud Mining Services
Remote Hosting Services
Market analysis by Region
Central & South America
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