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Some believe Bitcoin is a Scam, or Ponzi scheme, but once one understands the concept of Bitcoin, it is clear that it is not. Especially when power costs in the foreseeable future will be rising. ASIC means application-specific integrated circuit- so these devices are engineered to mine Bitcoin and only mine Bitcoin.
This creates an extremely powerful, and efficient machine, over x times more efficient than current setups. More efficient than any desktop computer rig. Asrocck, enjoy the video! A Dogecoin video a day! This process is exactly the same for all other scrypt based cryptocurrency mining. To The Moon in 15 Mins!
Follow me for more! I let my computer Mine for Bitcoin for a week straight, to see how much money Doggecoin could generate. The artwork was done by Lilly. Check out the eBook http: We take a closer look. Subscribe to our channel: How US corporations make money out of locking you up: