Explain asic.
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When answering this question, briefly explain that asic stands for application-specific integrated circuit. It's a type of hardware component designed to perform a specific task, in contrast to general-purpose computing devices. Highlight that asics are optimized for a specific application, allowing them to operate faster and more efficiently for that application compared to a general-purpose cpu or gpu. Mention that they are widely used in various fields like mining cryptocurrencies and signal processing due to their high efficiency and performance for specific tasks. Keep your explanation concise, clear, and focused on how asics are differentiated by their specialized functionality and efficiency.
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