Sentences with phrase «asic chip design»

Not exact matches

It also makes custom - designed chips known as ASICS that are used in networking.

BitFury Group, the leading Bitcoin Blockchain infrastructure provider and transaction processing company in the world today announced mass - production of its full - custom design 16nm Application Specific Integrated Circuit (ASIC) Chip, which will bring unmatched energy efficiency to the Bitcoin network.

That's the question circulating Tuesday in the wake of news that Bitmain, the China - based maker of hardware specialized for cryptocurrency software, had developed a new «ASIC» mining chip designed specifically to...

Some Bitcoin miners rig up chains of high - end graphics cards normally used for computer gaming, but perhaps the best current method is to use a Bitcoin - mining application - specific integrated circuit (ASIC), which is a generic term for a computer chip designed for a specific purpose.

And then came ASIC chips: extremely specialized hardware designed specifically to be Bitcoin mining beasts.

CryptoNight is a proof - of - work (PoW) algorithm that is designed to be suitable for ordinary PC CPUs, but is demanding in terms of RAM and thus prevents the use of ASIC chips.