CGMiner
Early open-source mining software written in C that became the industry standard for ASIC mining before becoming outdated.
Related terms
Canaan
Major Bitcoin ASIC manufacturer known for the Avalon Miner series.
CPU
Central Processing Unit; general-purpose processor historically used for early Bitcoin mining but now obsolete for profitable mining.
Centralization
Concentration of mining power, control, or network resources in few entities, increasing risks like 51% attacks.
Chip
Semiconductor dies (from foundries like TSMC/Samsung) integrated into ASICs; newer chip nodes improve mining efficiency.
Cloud Hosting
Service where users purchase and own mining hardware but have it hosted and maintained at a remote facility.
Cloud Mining
Renting hashrate from remote mining farms via contracts, without owning or hosting hardware.
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