ASICS are in a nutshell something that is very good at one thing and can only do that. Mining ASICS, can only do SHA-256, but they do it very efficiently and high-speed.
But what many beginners believe is that an ASIC is equivalent to a money making machine. That is entirely false. Due to the way Bitcoin and other cryptocurrencies are programmed, the coin itself will adjust what is known as the “difficulty” of the coin.
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