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Tag Archives: ASICs

Can ASICs Be Avoided? Centralized Cryptocurrency Mining May Be Unavoidable

Cryptocurrency mining may be prone to both industrialization and centralization, despite attempts to keep the field decentralized. A new post by Sia lead developer and Obelisk mining founder David Vorick goes into detail on the current state of specialized cryptocurrency mining machines known as ASICs. According to Vorick, ASICs can be developed profitably for just about any mining algorithm in ...

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GPUs And ASICs – A Never Ending Battle For Mining Supremacy

Since Bitcoin’s inception in 2009, cryptocurrency mining has been popular both for average enthusiasts and hardcore fanatics. In the early days there was no such thing as an application-specific integrated circuit (ASIC), which are more commonly known as ASIC chips. Mining was first done with regular Central Processing Units (CPUs), which meant PC enthusiasts with the best hardware had a ...

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AMD Shares Sink | Confirmation of ETH-Compatible ASICs

Advanced Micro Devices, Inc. (AMD), the well-known technology company recognized for the production of processors, motherboards, and GPUs, among many other products, has been able to become NVIDIA’s leading competitor in the graphics card industry. This business strategy has led them to a prosperous streak that has not only increased the value of their shares but also their acceptance within ...

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