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ASIC Mining

TradingKeyTradingKeyTue, Apr 15

ASIC is an acronym for Application-Specific Integrated Circuits. An ASIC mining rig is fundamentally a computer tailored to rapidly execute a single specific task repeatedly.

ASIC technology has accelerated the process of mining bitcoin, while functioning more efficiently compared to GPU mining rigs. However, ASIC miners are limited to mining only the cryptocurrency for which they were specifically designed.

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