Glossary

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ASIC miner

What is ASIC miner?

An ASIC miner is a piece of hardware used for mining cryptocurrencies such as Bitcoin or Litecoin. An ASIC miner is designed specifically for mining a certain cryptocurrency and is much more powerful than a CPU or GPU. ASIC miners are usually more expensive than other types of miners, but they are also much more efficient and can generate higher profits.

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