ASIC Resistant

ASIC resistant refers to cryptocurrencies designed to prevent users from mining with ASIC. It is a design or algorithm of a blockchain that aims to prevent or discourage the use of specialized mining hardware known as Application-Specific Integrated Circuits (ASICs). ASICs are highly efficient and powerful devices built specifically for mining certain cryptocurrencies, giving their owners a significant advantage over miners using standard computer hardware (CPUs or GPUs).

Share this term

Burn

See full definition

Bullish

See full definition

Crypto scoop

Sign up for our weekly newsletter

Stay informed with the latest updates to buy, sell, and store your crypto on the go.

phone

Download the Yellow Card app

Start trading crypto with ease

Get the Yellow Card app to buy, sell, and store your crypto on the go.