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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Black knight Warehoused Goods Res nulis
Lobbyist Flowchart Private Motor Vehicle
Usufruct Privileged Will Sub modo
A.E.R Flash Standing Order
Imaging Credit Risk Mitigation Book value
Drawback Cost per Thousand BIOS
Regressive Tax Payback Stay
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Land Registry Cookie Housing claim
European Court of Justice Transfer of Shares Stateful Inspection

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

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