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Anyone can install Bitcoin's mining software, which then uses the computer's processing power (using the CPU or GPU) to carry out intensive calculations – you can think The aim is to find a certain sequence of data, called a "block", that produces a particular pattern when the Bitcoin "hash" algorithm is applied to the data.

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Oct 4, 2017 But that same year companies began to sell computer chips, called application-specific integrated circuits (ASICs), which are specifically designed for the task of computing the Bitcoin hashing algorithm. Today, ASICs are the standard technology found in every large-scale facility, including the mining farm