The materials on this website or any third-party websites accessed herein are not associated with and have not been reviewed or approved by: (i) Valkyrie Funds LLC dba CoinShares Valkyrie, its products, or the distributor of its products, or (ii) CoinShares Co., its products, or the marketing agent of its products.
OUR GUIDE
Bitcoin mining is the backbone of the Bitcoin network, evolving from a niche hobby to a multi-billion dollar industry.
Bitcoin mining is a large scale industry
The Bitcoin mining industry has seen a remarkable evolution since its early days. This rapid growth showcases Bitcoin mining's capacity to generate value, stimulate economic activity, and attract capitals to support deployment.
Bitcoin miners are the backbone of financial freedom
Bitcoin offers an alternative financial system, designed to resist censorship and confiscation. At the heart of this revolutionary system lie Bitcoin miners, who play a crucial role in enabling censorship-resistant transactions.
Bitcoin mining supports the growth and stability of the US electrical grid
Connecting new power sources to the grid involves a lengthy and arduous process, often requiring years to build the necessary infrastructure. However, Bitcoin miners can begin purchasing power remotely as soon as electricity generation starts.
US, the largest player in bitcoin mining industry
The global Bitcoin mining industry has changed dramatically in recent years, with the United States emerging as the clear leader.
Bitcoin mining myths and misconceptions
This report highlights the overall results of our model, contains an overview of patterns and trends, as well as a short section discussing the use and cost of carbon credits for offsetting emissions.
OUR REPORT
See our report