Canada Cryptocurrency Mining Market to 2032

Overview

The Canada Cryptocurrency Mining Market is expected to reach a 179.62 USD Million by 2032 and is projected to grow at a CAGR of 11.71% from 2025 to 2032.

Revenue, 2024 (USD Million)
94.30
Forecast, 2032 (USD Million)
179.62
CAGR, 2024 - 2032
11.71%
Report Coverage
Canada

Canada Cryptocurrency Mining Market 2018-2032 USD Million

Canada Cryptocurrency Mining Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 94.30 USD Million
  • Projected Market Size (2032): 179.62 USD Million
  • CAGR (2025-2032): 11.71%

Key Findings of Canada Cryptocurrency Mining Market

  • The Canada Cryptocurrency Mining Market was valued at 94.30 USD Million in 2024.
  • The Canada Cryptocurrency Mining Market is likely to grow at a CAGR of 11.71% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Large Miners in Mining Enterprises Segment accounted for the largest share of the market with a revenue of 70.05 USD Million
  • The fastest growing segment Cloud Mining Services in Mining Type Segment grew Fastest with a CAGR of 12.85% during the forecast period from 2024 to 2032.

Canada Cryptocurrency Mining Market Scope

Canada Cryptocurrency Mining Market Segmentation & Scope
Mining Enterprises
  • Small Miners
  • Large Miners
Revenue Source
  • Transaction Fees
  • Block Rewards
Mining Type
  • Self-Mining
  • Cloud Mining Services
  • Remote Hosting Services
Hardware
  • CPU
  • Other
  • GPU
  • ASIC

Canada Cryptocurrency Mining Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Million
Market Value in 2024 94.30 USD Million
Market Value in 2032 179.62 USD Million
CAGR (2025-2032) 11.71%
Historic Data 2016-2023
Market Segments Covered Mining Enterprises,Revenue Source,Mining Type,Hardware

Regional Insights:

  • Leading Market (2024-2032): Canada, leading in terms of revenue 94.30 USD Million in 2024
    • Key Country: Canada, leading in terms of revenue with value of 94.30 USD Million in 2024.

Segments and Scope

  • Canada Cryptocurrency Mining Market to 2032, By Mining Enterprises
    • Large Miners is the largest segment in Canada Cryptocurrency Mining Market to 2032 with a revenue of 70.05 USD Million in the year 2024.
    • Large Miners is the Fastest growing segment in Canada Cryptocurrency Mining Market to 2032 with a Growth rate of 11.95 % in forecast period 2025-2032.
  • Canada Cryptocurrency Mining Market to 2032, By Revenue Source
    • Block Rewards is the largest segment in Canada Cryptocurrency Mining Market to 2032 with a revenue of 63.68 USD Million in the year 2024.
    • Transaction Fees is the Fastest growing segment in Canada Cryptocurrency Mining Market to 2032 with a Growth rate of 11.36 % in forecast period 2025-2032.
  • Canada Cryptocurrency Mining Market to 2032, By Mining Type
    • Remote Hosting Services is the largest segment in Canada Cryptocurrency Mining Market to 2032 with a revenue of 48.48 USD Million in the year 2024.
    • Cloud Mining Services is the Fastest growing segment in Canada Cryptocurrency Mining Market to 2032 with a Growth rate of 11.28 % in forecast period 2025-2032.
  • Canada Cryptocurrency Mining Market to 2032, By Hardware
    • ASIC is the largest segment in Canada Cryptocurrency Mining Market to 2032 with a revenue of 37.36 USD Million in the year 2024.
    • ASIC is the Fastest growing segment in Canada Cryptocurrency Mining Market to 2032 with a Growth rate of 12.34 % in forecast period 2025-2032.

Canada Cryptocurrency Mining Market Company Share Analysis

 
Company Name Company Share Analysis
BLOCKCHAINS, INC.
Canaan Inc.
Hive
Bit Digital
Riot Platforms, Inc.
Canada Cryptocurrency Mining Market Company Share Analysis

Canada Cryptocurrency Mining Market Geographical Sales Distribution, 2018-2032 USD Million

Canada Cryptocurrency Mining Market Geographical Sales Distribution, 2018-2032 USD Million

Canada Cryptocurrency Mining Market Company Profiling

Canada Cryptocurrency Mining Market Company Profiling
Frequently Asked Questions
The Canada Cryptocurrency Mining Market is segmented based on Segmentation Mining Enterprises,Revenue Source,Mining Type,Hardware.
Canada Cryptocurrency Mining Market was valued at USD 94.30(Revenue in USD Million) in 2021.
Canada Cryptocurrency Mining Market is projected to grow at a CAGR of 11.71% during the forecast period of 2024 to 2032.
The Large Miners segment is expected to dominate the Canada Cryptocurrency Mining Market, holding a largest market share of 70.05 USD Million in 2024

Canada Cryptocurrency Mining Market Scope

Canada Cryptocurrency Mining Market Segmentation & Scope
Mining Enterprises
  • Small Miners
  • Large Miners
Revenue Source
  • Transaction Fees
  • Block Rewards
Mining Type
  • Self-Mining
  • Cloud Mining Services
  • Remote Hosting Services
Hardware
  • CPU
  • Other
  • GPU
  • ASIC
Frequently Asked Questions
The Canada Cryptocurrency Mining Market is segmented based on Segmentation Mining Enterprises,Revenue Source,Mining Type,Hardware.
Canada Cryptocurrency Mining Market was valued at USD 94.30(Revenue in USD Million) in 2021.
Canada Cryptocurrency Mining Market is projected to grow at a CAGR of 11.71% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Cryptocurrency Mining Market for final year is USD 179.62 (USD Million).

Canada Cryptocurrency Mining Market Company Profiling

Canada Cryptocurrency Mining Market Company Profiling
Frequently Asked Questions
The Canada Cryptocurrency Mining Market is segmented based on Segmentation Mining Enterprises,Revenue Source,Mining Type,Hardware.
Canada Cryptocurrency Mining Market was valued at USD 94.30(Revenue in USD Million) in 2021.
Canada Cryptocurrency Mining Market is projected to grow at a CAGR of 11.71% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Cryptocurrency Mining Market for final year is USD 179.62 (USD Million).

Related Markets

HAVE A QUESTION?

Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.