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What is an ASIC Miner and Why Do They Exist?


ASIC stands for Application Specific Integrated Circuit- quite a mouthful. Most people have interacted with them in the form of ASIC Miners for Bitcoin or other Proof of Work Cryptocurrencies. To understand them, let’s talk a little bit about the history of the other chips you can use to mine: CPUs and GPUs. CPU (Central … Read more