3 Types of Hardware used in Cryptocurrency Mining

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 Cryptocurrency mining is a process in which transactions for various forms of cryptocurrency. If you want to develop your bitcoin mining software, BR Softech is the best software company that provides crypto mining services & solutions. 



There are 3 types of hardware used in the cryptocurrency mining process. 




1. Application Specific Integrated Circuit (ASIC) Mining


This is a microchip designed to execute with a hashing algorithm. It calculates hashes 100,000 times faster than the world’s best CPUs.


2. Graphics Processing Unit (GPU) Mining


This hardware is mostly used for handling in PC gaming. It can also handle hash mathematics to solve blocks in the chain. It’s not quite the speeds we see with ASIC hardware, but it’s respectable nonetheless.


3. Field-Programmable Gate Arrays (FPGA)


This hardware works on integrated circuits with logic blocks & configured using a hardware description language (HDL). 


Also Read: Top 5 Bitcoin mining Calculators in 2020

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