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Are there any ASICs for mining Monero?

So,no, there are no ASICs for mining Monero as of now, and probably will not in the near future either. Monero is not immune to ASICs in the future, but the costs of manufacturing ASICs is offset by the block rewards such that it would not be profitable.

What is an ASIC miner?

Short for Application-specific integrated circuit, the underlying ASIC chip is typically designed with a singular purpose, like audio processing or managing a cellphone call. In this scenario, it’s designed to “mine” a specific cryptocurrency.

What is Monero mining?

Monero is a cryptocurrency that relies on proof-of-work mining to achieve distributed consensus. Below you'll find some information and resources on how to begin mining. The Monero Project does not endorse any particular pool, software, or hardware, and the content below is provided for informational purposes only.

Why does XMR mining not support ASICs?

The Monero community stand for an egalitarian concept and believe that all people deserve equal opportunities. They also chose this model to improve Monero’s decentralization, and that’s why XMR mining doesn’t support application-specific integrated circuits (ASICs).

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