An application-specific integrated circuit (ASIC) is an integrated circuit (IC) customized for a particular use, rather than intended for general-purpose use. So basically, Bitcoin ASIC miners are specifically designed to perform a single task, mine Bitcoin (or any other coin that uses the exact same algorithm, mining parameters). So no, they cannot be put to use for any other purpose, maybe as a room heater.
https://en.wikipedia.org/wiki/Application-specific_integrated_circuit
https://bitcoin.stackexchange.com/questions/7236/bitcoin-mining-asics-used-for-cryptographic-application-rainbow-tables
Topic: Can the Hashing power be used for some other purpose like in medical science? (Read 113 times)
December 28, 2017, 07:21:37 AM
December 28, 2017, 06:54:25 AM
What i know all the hashing power right now is used in mining coin and transactions (Solving block algorithm). Once all the coins have been mined, we have tasks related to transactions only. All Antsic will be of no use or little. Can we have another use of this power in real world?
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