According to Channel News Asia one Singapore-based mining rig manufacturer has experienced a sharp increase in sales in recent months as the demand for cryptocurrency mining computers has grew up to more than 100 rigs per month as of November 2017 from about 15 in July.
However, the demand is not limited on rigs alone. In fact, cryptocurrency exchanges such as Coinhako and Quoine have both experienced double-digit growth in the demand for cryptocurrencies since the beginning of this year.
The influx of new investors has consequently helped pull the Bitcoin price as it increases between $6,000 and $7,000 in mid-November 2017 from around $1,000 in January.
With such promising growth, a lot of people have turned to mining to make a passive income and take part in the cryptocurrency market with the growth rates showing no signs of slowing down.