A cryptocurrency accelerator (also crypto mining ASIC) is a processor designed specifically for the acceleration of cryptocurrency transactions.

Overview

with the proliferation of cryptocurrencies in the late 2010s it became increasingly important to perform transactions in more efficient ways. This was further driven by high cryptocurrency values and the fact that many of those currencies rewarded for mining or for the process of logging transactions. The demand for more efficient ways of mining cryptocurrencies resulted in the birth of a new industry that designs cryptocurrency accelerators and full mining systems. Over three dozen known startups are known to have design custom cryptocurrency accelerators.

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