Integrated circuit (IC) computer chips designed with particular applications and computing purposes in mind.

An application-Specific Integrated Circuit (ASIC) is first of all a computer chip that is designed in such a way that it measurably boosts the performance of a computer. However, unlike other circuits also consisting of tiny electronic parts (e.g., transistors and resistors), integrated circuits have these different electronic parts fused together efficiently. As a result, an integrated circuit system like the ASIC has been customized to perform better than its discrete alternative.

With ASICs, the entire design of the circuit is geared toward particular applications rather than for every system. As a result, users can better appreciate certain aspects of their computing, for example, heavy-processing tasks such as mining, than others. Meanwhile, computer users with access to advanced ASICs can manipulate crypto mining to obtain unprecedented benefits.

A trading strategy which involves buying from one market or platform at a set price and selling at a different market or platform at a higher price.

Arbitrage is a common trading strategy that involves matching the trading prices of a commodity across two or more markets or platforms, and capitalizing on the marginal or massive differences in price. The result of this strategy is a little or a lot of profit to be had from simply buying and selling the same commodity without having to change the commodity in any way. Thus, a trader uses arbitrage when they buy cryptocurrency X from market A and sell it sometime after at a different market B, thereby earning a profit from the difference in prices.

The arbitrage strategy relies entirely on price differences in commodity sales as a result of varying prevailing economic conditions. Smart crypto traders turn profits by keeping a bird’s-eye view of multiple markets and often hurriedly buying and selling cryptos.

The visible part of a computer system that allows users to interact with the computer, manipulate data, and share information on a network with other systems.

An application programming interface (API) consists of computerized commands in the form of programmed codes which enable all kinds of data sharing between user and computer, user and network, computer and computer, and computer and network. This component is often in the form of a software application that may pop up on user request and thus serve as a bridge to get needed information across to the user.

APIs are primarily defined in the world of cryptos with regard to how effective and efficient they are in the exchange of information. This may be information regarding market prices and trends, the actual process of buying and selling, or any other thing that requires traders and investors to interact with exchange platforms or the trading market. Thus, crypto exchange platforms are often considered top or bottom-ranked on the basis of their APIs.

Application-Specific Integrated Circuit (ASIC)

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