What is an ASIC Miner?

An ASIC miner (Application-Specific Integrated Circuit miner) is a specialized hardware device designed for the sole purpose of mining cryptocurrencies. Unlike general-purpose devices like CPUs and GPUs, ASIC miners are built with dedicated chips optimized for solving the specific mathematical problems required by a particular blockchain’s consensus mechanism, typically Proof of Work (PoW). These devices … Continue reading What is an ASIC Miner?