Scenario analysis of Bitcoin mining production in 2022

In previous research pieces, we analyzed the surge of investments into the newest generation of Bitcoin miners and new infrastructure capacity by major mining companies primarily in North America over the next 12 to 24 months.

Such an increase essentially determines how large the Bitcoin mining industry and competition will grow in the near future as a whole, which, at the same time, affects the potential production upside for individual retail and institutional mining participants.