What is ASIC?
ASIC - application-specific integrated circuit.
ASIC is an integrated circuit (IC) customized for a particular use rather than intended for general purpose use.
In Bitcoin mining hardware, ASIC were the next step of development after CPUs, GPUs and FPG.
Bitcoin ASIC chips generally can only be used for Bitcoin mining while there are rare exceptions. For example, chips that mine both Bitcoin and Litecoin - this is often because the chip package effectively has two ASIC: one for Bitcoin and one for Litecoin.
The ASIC chip of choice determines, in large part, the cost and efficiency of a given minor, as ASIC development and manufacture are very expensive processes, and the ASIC chips themselves are often the components that required the most power on Bitcoin miner.
A Bitcoin ASIC'S specification could be seen as having a certain hash rate (E.G.GH/S) at a certain efficiency (E.G.J/GH).
The minimum cost of a chip will be determined by the fabrication process while the maximum cost will be determined by market forces.
An ASIC is obviously smaller than multiple interconnected standard products on the PC Board. Having a variability in size allows the chip to be as small or as large as necessary.
Because of their small physical size, ASIC devices can use far less electrical power as compared to a collection of standard components.
In addition to size power and performance, ASIC chips provide you with IP protection.
ASIC can shrink your product size, costs can be considerably less, and you will have a chip that no one else has access to besides you.
An ASIC can house many different systems on a single chip.
ASIC bitcoinhardware minding comparison.
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