Too Long; Didn't Read
In almost every interaction I have with a new client, ASICs are inevitably one of the first mining rig hardware options discussed. Understandably so, as the value proposition is so straightforward. ASICs, short for application specific integrated circuits, are purpose-built to do one thing and one thing only: mine a specific crypto, and mine it fast. Nothing else can compete with an ASIC on that front. Whereas GPUs are general purpose processors that can calculate anything. They’re particularly good for graphics and cryptocurrency mining. But the important takeaway is that they can calculate anything. Even though we’re talking about mining, their flexibility is far more important than you might realize.