Term of the Moment


Look Up Another Term

Definition: ASIC miner

Specialized hardware for mining cryptocurrencies. An ASIC miner is a stand-alone device that is a self-contained unit containing the proof-of-work (PoW) blockchain software, typically Bitcoin. It is designed to plug into the Internet and start mining. Another variety of crypto mining hardware is the GPU (see GPU mining rig). See ASIC farm, miner hardware, crypto mining, ASIC resistant, Bitmain and Bonanza Mine.