Petersburg, Clearwater and communities throughout Tampa Bay. Originally published by The Tampa Tribune, tbo is now among the portfolio of brands powered by the Tampa Bay Times. ASIC Miner – the rising star of the mining arena. Let’s get to know it together. How to choose the best ASIC miner? Bitcoin mining has experienced tremendous changes since its launch in 2009.
At first, bitcoin was mined using CPUs, and since computation has advanced and has become more complex, the CPUs are not able to mine the coins efficiently anymore. However, in 2011, Bitcoin mining hardware turned out to be a more complex affair. Currently, the industry has advanced, and Bitcoin mining is running in an Application-Specific Integrated Circuit that is abbreviated as ASIC. ASIC that stands for Application Specific Integrated Circuit, appears to be an integrated circuit made for a specific use and not necessarily for a general use. ASIC miners are the most developed and sophisticated technology for mining and these miners exceed their ancestors such as CPU, GPU, and others. ASIC chips are designed for being used along with the mining rigs. The chips are designed in a way so that they mine coins and make the process much more efficient, especially in comparison to a stack of GPUs.