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If you are familiar with mining or mining digital currencies. You must have wondered how some miners use their devices efficiently and cost-effectively. This is where the ASIC comes into play. A special-purpose integrated circuit (ASIC) is an integrated circuit designed to perform a specific operation. Compared to a normal circuit. This circuit speeds up computing and consumes less power. But its production cost is relatively high. In this article, we will get acquainted with the concept and how ASIC works. 

To better understand, we will first examine several terms together.

I c

An integrated circuit (IC) or microchip is a set of electronic circuits made using semiconductor materials (usually silicon) in small dimensions (usually less than one square centimeter). If thousands of transistors are made in one microchip. They are referred to as highly compact integrated circuits. Each integrated circuit or microchip performs a specific task or task in a circuit. Each of them has several inputs and by processing these inputs. They generate output values ​​and place them in their output section. Some microchips work with analog signals and some with digital signals. The central processing unit (CPU) is one of the most important integrated circuits. That accommodates billions of transistors in a small area of ​​a semiconductor.

ASICS

As mentioned earlier, special purpose integrated circuits are chips designed to perform a specific activity. That is far superior to conventional chips in terms of efficiency, operating speed, and power consumption. But on the other hand, they do not have the flexibility and scalability of ordinary chips because a special application is embedded in them as hardware and can not be changed and expanded. On the other hand, the cost required to produce these chips is so high that if the number of chips required is less than a certain limit, their production is not economically viable and their design takes a long time. On the other hand, if we want to make a small change in these chips. It takes a lot of time and money.

It should be noted that there are many ambiguities about the correct pronunciation of this word in two ways, “Asik” and “Asik”. According to research by the Digital Currency Team. The world’s largest integrated circuit-producing companies, including IBM, pronounce the term ” application-specific integrated circuit ” as “ISIC”. Sources that explicitly include the pronunciation of this phrase can be found on the website educate Who called the pronunciation of the word “a-sick”.

fragile follow

Hash function: It is a function that takes an input of infinite size, operates on it. And then generates a fixed-length output. Each input will have a unique output. The input of a hash function can be any type of data, number, file, etc., and its output is called a hash. The hash is represented as a number in base 16 (hexadecimal). Below is the md5 hash function, which generates a 32-hex-based output from the input.

The hash function is irreversible. This means that you can not guess the input by knowing the output unless you try all possible modes. Testing all possible inputs is known as a brute-force attack. Hash functions are often used to prove that the data is unadulterated and equal to the original version.

For example, suppose Alice tells Bob that she knows the answer to the math quiz and Bob asks her to prove it without saying the answer. Alice encrypts the answer with a hash function. If we assume that the answer to question 42 is, we will have:

Alice shows this hash to Bob. To prove Alice’s claim, Bob first obtains the answer to the question and then encrypts it. If the hash that Bob gets is equal to Alice’s hash, we can say for sure that Alice knows the answer. Therefore, hashing can be used to verify information without disclosing it.

Mining

The process of approving transactions and adding them to the blockchain, as well as extracting new coins. Anyone with the right internet connection and the right hardware can get through the process of mining to participate. Because digital currencies are inherently decentralized, different people around the world control their networks that Maine They are known, but there must be an incentive to control the network, and that incentive is the reward of the miners.

Since the field of digital currencies and mining is relatively new, the sale of the first ASIC Bitcoin Returns to 2013. Since then, mining ASIC has been developed to extract other currencies, such as Lightcoin and Dash. If digital currencies transform the financial industry, ASIC will transform the digital currency industry.

Network security Blockchain. They do this, but they do it with a lot of electricity and electricity consumption. You need hardware and software knowledge to build an ISIC. In the extraction process, the miner must guess a 64-digit number based on 16 (hexadecimal) that is less than or equal to the hash, and the first person to be able to guess this number is rewarded with a digital currency. The higher the hash rate of a mining hardware device, the faster it can guess this number.

Mining curves are customized to extract digital currencies. So basically any mining rig that can extract bitcoin can extract all the other currencies that use the bitcoin cryptographic algorithm, SHA256. For example, antinomies based on the SHA256 cryptographic algorithm can extract digital currencies such as bitcoin, bitcoin cache, half coin, and old coin.

Comparing the CPU, GPU, and ASIC is a bit difficult because the CPU and GPU can be considered ASIC. The only feature that distinguishes mining systems is that it does not have all the CPU and GPU capabilities. Do not expect to be able to install an operating system or video game on Bitcoin. bitcoin as this chip is only designed to extract a specific algorithm. The efficiency of an e-mining is very high because it uses all the resources without wasting any of them just to perform a specific task.

How does ASIC work?

So far we have learned that mining is generally a process of guessing a number using complex calculations. Mining Hardware Whether it is an ASIC miner or a GPU mining rig, it performs many computations to solve the hash function. In work-based blockchains such as Bitcoin, the first person to guess the number wins the block reward and tells the rest of the network to stop solving the hash and move on to the next hash. Today, many powerful people and computer systems are trying to extract bitcoin digital currency, and because of the high cost of hardware resources. Miners in groups called mining pools have started collaborating to guess the hash and record the block and reward it. They also divide among themselves.

The faster a hardware miner has, the more revenue he will have. The speed of mining devices is measured by a parameter called the hash rate, which is calculated in hashes per second. The higher the hash rate, the higher the mining revenue.

One of the reasons miners are so interested in ISIC is that it gives them a better chance of extracting digital currencies than other processors. Each digital currency has its cryptographic hash algorithm, and ISIC miners are designed to fit these algorithms.

The efficiency of ASIC mining is very high because it uses all computing resources only for a specific purpose while wasting no resources.

In this article, we give an overview of ASIC without going into technical details. Our advice is to always keep your information up to date. If you want to make money in this area. Exploring the technical complexities will give you a deeper understanding of the technology.