Application-specific integrated circuit (ASIC) refers to an integrated circuit chip built for a particular application. ASIC miner is a computerized device that employs ASICs only for “mining” digital money. Each ASIC miner is typically designed to mine a certain digital currency. Consequently, a Bitcoin ASIC miner can only mine Bitcoin.Read More →
In the virtual world, mining for cryptocurrencies is a never-ending competition. In the early 2000s, the world was exposed to Bitcoin, the first decentralized money. Cryptocurrency mining is a complicated process that involves confirming transactions and adding them to a public ledger (blockchain). The blockchain is the digital ledger thatRead More →
While blockchain has enabled numerous new products and services, none recently received as much attention as NFTs. The term “NFT” seems to be on everyone’s lips these days, so let’s take a closer look at it and see if we can make some sense of it. Fears and doubts aboutRead More →
