Sponsored
Trade Crypto
Crypto Wallet
Earn Crypto

ASIC

The term ASIC is an acronym for application-specific integrated circuit, which is a device or custom chip designed for the sole purpose of mining Bitcoin or other cryptocurrencies.

See also: Mining, Hash Rate.

Popular Glossary Posts

Didn't find the answer you were looking for?

Feel free to check our cryptocurrency market data or our comprehensive blockchain glossary.

Bitcoin FAQ & Glossary

Cryptocurrency Prices & ATHs