Capterra Glossary
Application-Specific Integrated Circuit (ASIC)
An application-specific integrate circuit (ASIC) is a chip where the connections have been designed and set up for a single specific use, for example, in a bitcoin miner context. An ASIC miner refers to electronic circuits or a device that enables microprocessors to help mine a single specific digital currency.
What Small and Midsize Businesses Need to Know About Application-Specific Integrated Circuit (ASIC)
ASIC designs can help keep manufacturing costs down for fast-growing SMBs by offering an efficient solution for high-volume applications. Large amounts of circuitry can be incorporated into a single chip.
Related Terms
- Synchronous
- Software as a Service (SaaS)
- Intranet
- Security Orchestration, Automation and Response (SOAR)
- Identity and Access Management (IAM)
- Managed Service Provider (MSP)
- Haptics
- WAN (Wide-Area Network)
- Service-oriented Architecture (SOA)
- Augmented Reality (AR)
- Chief Information Officer (CIO)
- Security Information and Event Management (SIEM)
- Platform as a Service (PaaS)
- Service-Level Agreement (SLA)
- Scalability
- Data Center
- Authorization
- Multitenancy