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Author Topic: [Q]What are ASIC miners?  (Read 392 times)
bitc0in
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March 17, 2013, 10:32:35 AM
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I heard something like ASIC  miners and people recommend it more

Actually what is that?

As i am new to the mining scene can some1 please explain a little about this so called thing

There always lies a spark inside a cold heart!!
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March 17, 2013, 10:34:15 AM
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I heard something like ASIC  miners and people recommend it more

Actually what is that?

As i am new to the mining scene can some1 please explain a little about this so called thing

Application Specific Integrated Circuit.

They're built to do one thing, and they do it fast and well.  It's essentially the Ferrari of the Bitcoin mining industry.

http://en.wikipedia.org/wiki/Application-specific_integrated_circuit

bitc0in
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March 17, 2013, 10:35:41 AM
 #3

I heard something like ASIC  miners and people recommend it more

Actually what is that?

As i am new to the mining scene can some1 please explain a little about this so called thing

Application Specific Integrated Circuit.

They're built to do one thing, and they do it fast and well.  It's essentially the Ferrari of the Bitcoin mining industry.

http://en.wikipedia.org/wiki/Application-specific_integrated_circuit
It means i can buy them readymade rather that building my own rig is it?

There always lies a spark inside a cold heart!!
I am From Nepal<<Where Everest Lies>>
Satoshis??=1NYTHxvaqvoBVH5ttSpHv3TgdXGuRQMQZh
the joint
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March 17, 2013, 10:40:18 AM
 #4

I heard something like ASIC  miners and people recommend it more

Actually what is that?

As i am new to the mining scene can some1 please explain a little about this so called thing

Application Specific Integrated Circuit.

They're built to do one thing, and they do it fast and well.  It's essentially the Ferrari of the Bitcoin mining industry.

http://en.wikipedia.org/wiki/Application-specific_integrated_circuit
It means i can buy them readymade rather that building my own rig is it?

Did you read even the first sentence of the Wiki article?

The term ASIC has nothing to do with your ability to buy it.  But in a sense, yes, you're right -- you have to buy them ready made unless you want to throw down a few million to produce an ASIC chip that does what you want it to do.

bitc0in
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March 17, 2013, 10:44:25 AM
 #5

I heard something like ASIC  miners and people recommend it more

Actually what is that?

As i am new to the mining scene can some1 please explain a little about this so called thing

Application Specific Integrated Circuit.

They're built to do one thing, and they do it fast and well.  It's essentially the Ferrari of the Bitcoin mining industry.

http://en.wikipedia.org/wiki/Application-specific_integrated_circuit
It means i can buy them readymade rather that building my own rig is it?

Did you read even the first sentence of the Wiki article?

The term ASIC has nothing to do with your ability to buy it.  But in a sense, yes, you're right -- you have to buy them ready made unless you want to throw down a few million to produce an ASIC chip that does what you want it to do.
someone told me asis btc miners are coming soon what was that then?

There always lies a spark inside a cold heart!!
I am From Nepal<<Where Everest Lies>>
Satoshis??=1NYTHxvaqvoBVH5ttSpHv3TgdXGuRQMQZh
the joint
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March 17, 2013, 10:47:54 AM
 #6

I heard something like ASIC  miners and people recommend it more

Actually what is that?

As i am new to the mining scene can some1 please explain a little about this so called thing

Application Specific Integrated Circuit.

They're built to do one thing, and they do it fast and well.  It's essentially the Ferrari of the Bitcoin mining industry.

http://en.wikipedia.org/wiki/Application-specific_integrated_circuit
It means i can buy them readymade rather that building my own rig is it?

Did you read even the first sentence of the Wiki article?

The term ASIC has nothing to do with your ability to buy it.  But in a sense, yes, you're right -- you have to buy them ready made unless you want to throw down a few million to produce an ASIC chip that does what you want it to do.
someone told me asis btc miners are coming soon what was that then?

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