Global Bitcoin Miner Market Growth 2025-2031

The global Bitcoin Miner market size is predicted to grow from US$ 10950 million in 2025 to US$ 47490 million in 2031; it is expected to grow at a CAGR of 27.7% from 2025 to 2031.

Bitcoin Miner (Bitcoin mining machines) is a computer that is customized for cryptocurrency mining. Bitcoin miner is used to help process transactions and secure the network of a cryptocurrency that uses a Proof-of-Work (POW) algorithm. Miner constantly performs hash functions to be the first to create a new block of transactions that can be added to the blockchain.

Bitcoin Miner typically consists of dozens of components and hundreds of chips. These are all arranged to perform cryptocurrency mining at the highest possible energy efficiency.

The core global Bitcoin miner manufacturers include BitMain, MicroBT, Canaan, AGMH, iPollo and Innosilicon, etc. The top three manufacturers account for approximately 98% of the global share. North America is the world's largest market, accounting for nearly 32% of the market share.

In terms of product types, BTC occupies a dominant position, accounting for 80% of the market share. At the same time, in terms of applications, mining farm is the largest application field, accounting for 60%.

LP Information, Inc. (LPI) ' newest research report, the “Bitcoin Miner Industry Forecast” looks at past sales and reviews total world Bitcoin Miner sales in 2024, providing a comprehensive analysis by region and market sector of projected Bitcoin Miner sales for 2025 through 2031. With Bitcoin Miner sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bitcoin Miner industry.

This Insight Report provides a comprehensive analysis of the global Bitcoin Miner landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bitcoin Miner portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Bitcoin Miner market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bitcoin Miner and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bitcoin Miner.

This report presents a comprehensive overview, market shares, and growth opportunities of Bitcoin Miner market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
BTC
LTC
ETH
Others

Segmentation by Application:
Mining Farm
Mining Pool Service Providers

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
BitMain
MicroBT
Canaan
AGMH
iPollo
Innosilicon
Bee Computing
BitFury
Ebang
Goldshell

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bitcoin Miner market?

What factors are driving Bitcoin Miner market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bitcoin Miner market opportunities vary by end market size?

How does Bitcoin Miner break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.