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What Is Moore’s Law and How Does It Relate to ASIC Obsolescence?

Moore's Law is the observation that the number of transistors on a microchip doubles approximately every two years, leading to exponential increases in computing power and efficiency. In mining, this translates directly to ASIC obsolescence.

New ASICs released every 12-24 months are significantly more efficient than their predecessors, rapidly devaluing older hardware and forcing miners into a constant upgrade cycle to remain competitive.

In the Context of Options, How Is the Volatility of a Cryptocurrency Similar to the Risk of an ASIC Becoming Obsolete?
How Does the “Moore’s Law” Principle Affect the Required Energy Efficiency of Mining Hardware?
What Is the Impact of Semiconductor Shortages on the Profitability of Existing Mining Hardware?
How Does the Increasing Mining Difficulty Affect the Profitability of Older Hardware?