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The State of Crypto Mining 2020
- survey & report.

Without crypto mining, there would be no Bitcoin, no blockchain — and especially no decentralization to the entire system.

One event may have a significant effect on how crypto is mined in the coming months: the block halving event, when Bitcoin rewards will be cut in half as a way to regulate the system and stop inflation. While halving events have seen Bitcoin prices soar in the past, it may cause individual miners to pull out of their mining efforts.

We wanted to know what Bitcoin owners knew about mining, and their expectations about the impact of the Halving. We conducted a survey on March 17, 2020 of 750 respondents who either own or have owned Bitcoin at some point in the past.

One of the key insights was that the majority of miners expect a price increase both in the short and the long term.

To find out more, download the report now for free!

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Bitcoin statistics

$ 39,138Current price $ 745.4BMarket cap
Eric Schmidt Eric SchmidtCEO of Google

"Bitcoin is a remarkable cryptographic achievment and the ability to create something that is not duplicable in the digital world has enormous value."

Ben Bernanke Ben BernankeChairman of the Federal Reserve

"Virtual Currencies may hold long term promise, particularly if the innovations promote faster, more secure and more efficient payment systems."

Sir Richard Branson Sir Richard BransonFounder of Virgin Group

"I have invested in Bitcoins because I believe in it's potential, the capacity it has to transform global payments is very exciting."

Peter Thiel Peter ThielCo-Founder of Paypal

"I do think Bitcoin is the first encrypted money that has the potential to do something like change the world."

Bill Gates Bill GatesFounder of Microsoft

"Bitcoin is better than currency in that you dont have to be physically in the same place and of course for large transactions currency can get pretty inconvenient."

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