ASIC (Application-Specific Integrated Circuit)

ASICs are special-purpose computers that are created for singular applications. In the world of crypto ASICs are used for crypto mining, most specifically in the mining of Bitcoin and Bitcoin Cash.

These chips provide high processing power that is necessary to solve complex algorithms. Hence, they are able to process greater efficiency in mining cryptocurrencies.

ASICs are therefore more expensive, consume a lot of power, and are very noisy.

Some popular ASICs are:

  • Bitmain Antminer S19
  • A5 Dashmaster
  • InnoSilicon S11 Siamaster
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