Centralization

Concentration of mining power, control, or network resources in few entities, increasing risks like 51% attacks.

Major Bitcoin ASIC manufacturer known for the Avalon Miner series.

Early open-source mining software written in C that became the industry standard for ASIC mining before becoming outdated.

Central Processing Unit; general-purpose processor historically used for early Bitcoin mining but now obsolete for profitable mining.

Semiconductor dies (from foundries like TSMC/Samsung) integrated into ASICs; newer chip nodes improve mining efficiency.

Service where users purchase and own mining hardware but have it hosted and maintained at a remote facility.

Renting hashrate from remote mining farms via contracts, without owning or hosting hardware.

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