Business terms and jargon explained. Your business dictionary

What is ASIC

Asic is an “Application Specific Integrated Circuit”. This is a chip that is designed to do only a specific job. The programming and software is already on the chip. Asic miners are devices that are used solely to solve and mine bitcoin or other altcoin blocks.

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CHIEF Booking Fee Cost Center Gazumping
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Term created / updated 2014-01-27 20:49:58

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