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    Application Specific Integrated Circuit [ASIC]

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    Categories: Blockchain

    “Application Specific Integrated Circuit” – ASICs are silicon chips that are designed to perform one specific task; in the base of Bitcoin, ASICs process SHA-256 hashing problems to mine new bitcoins.

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    Justin Chan
    Dr Chan founded DataDrivenInvestor.com (DDI) and is the CEO for JCube Capital Partners. Specialized in strategy development, alternative data analytics and behavioral finance, Dr Chan also has extensive experience in investment management and financial services industries. Prior to forming JCube and DDI, Dr Chan served in the capacity of strategy development in multiple hedge funds, fintech companies, and also served as a senior quantitative strategist at GMO. A published author at professional journals in finance, Dr. Chan holds a Ph.D. degree in finance from UCLA.