Literally, the abbreviation ASIC stands for “application-specific integrated circuit”. To put it simply, this device is designed to solve a specific problem.
We will start with a review of the most popular ASIC models and then we will build the economic model of each solution efficiency for February 2019.
Unlike ASIC, FPGA-based mining installations can be reconfigured for other tasks. In mining it works like this: if the network algorithm changes or there is a need to switch to a more profitable blockchain, FPGA adapts to them.
These days in order to be competitive in the mining industry, you need to work harder than ever before. Perhaps, today only the most enthusiastic miners keep working on the creation of blockchains. For these purposes they use ASICs - special mining hardware. So, which types of ASICs will be the most relevant in the nearest future?