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Market Trends: Crypto Mining

Top Cryptocurrency Trends For 2022-2023


Commercial usage of digital tokens, including NFTs and others, will surge; even small transactions and purchases will increasingly be paid through cryptocurrencies.


Increased adoption of Cloud Mining, where miners can use shared processing power in a remote or off-site server farm; this allows customers, who may lack sufficient technical knowledge and relevant hardware infrastructure, to mine cryptocurrencies.


The Cryptocurrency industry is likely to be more regulated and may be accepted as a legal tender in many more countries.


The Cryptocurrency industry is addressing environmental concerns and looking for disruptive ways to reduce carbon footprint from crypto mining.


Source: analyticsinsight.net, published in Sept 2021

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