Business Terms and Jargon Explained

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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KYC Admission of evidence Corporate Officers
Buy-in Riel NGO
In delicto Admiralty Court Labour
Will Ad infinitum Autoregressive
Net Assets Pro Rata Pro hac vice
Patch VLO Maturity
European Patent Office Windfall Profit Service mark
KBPS Legal Services Ombudsman Taxation of costs
CHIEF Prima facie Decree Absolute
Principal trade Tenancy agreement Zaire
e-company Intermediate Consumption ADSL
Net Book Value Committal proceedings Qualification period
Consumer Jury Win win

Term created / updated 2014-01-27 20:49:58

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