ASIC mining is an acronym for Application Specific Integrated Circuit, which is a type of hardware specifically designed to mine crypto currencies. ASIC miners are incredibly powerful and have revolutionized the way crypto currencies are mined and processed mining profitability. In this article, we’ll take a look at what ASIC mining is and how it works. An ASIC miner is a device specifically designed to mine specific types of crypto currencies. Unlike traditional CPU/GPU mining rigs, ASIC miners are designed to focus on a specific algorithm and use much less energy while still providing a large hashrate. ASIC miners are much more expensive and require more technical knowledge to use.