Managed
Hosting

Each block represents a record of all transactions made in the network of the currency. Depending on the cryptocurrency, all blocks have a constant fixed timeframe or the block timeframe varies dynamically.

This means, that the blockchain will continue to grow, as long as there are transactions being made with the corresponding cryptocurrency.


The acronym “ASIC” stands for “Application Specific Integrated Circuit” ASIC Miners are highly specialized computers designed only for mining cryptocurrencies. In most cases, an ASIC consists of multiple hashboards which house the ASIC-chips, passive heatsinks, and a control-board that collects data from the hashboards and connects the device to the internet. Special high power fans are needed to ensure sufficient cooling, because the hashboards have a high power consumption and therefore a lot of heat builds up inside the case.

All you need is a miner, a sufficient electrical infrastructure and an stable internet connection via Ethernet cable.

ASIC-Miners are designed only for the mining process, so setting them up is also possible for inexperienced users.