Breaking down Bitcoin miner manufacturers’ multi-billion-dollar contracts for 2022

January 4, 2022, 2:44PM EST

• 6 min read

Quick Take

  • Major Chinese Bitcoin miner manufacturers have been contracted to deliver at least 1 million units of ASIC miners in 2022. 
  • We break down their market shares based on known purchase orders by institutional Bitcoin mining companies, most of which are publicly listed in North America.
  • In theory, these pre-orders could add at least 100 EH/s of computing power to the Bitcoin network. But there are several factors that could affect that progress.

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