AsicBoost - A Speedup for Bitcoin Mining

Understand

AsicBoost is a method to speed up Bitcoin mining by a factor of approximately 20%.

• The performance gain is achieved through a high-level optimization of the Bitcoin mining algorithm which allows for drastic reduction in gate count on the mining chip.
• AsicBoost is applicable to all types of mining hardware and chip designs.
• This paper presents the idea behind the method and describes the information flow in implementations of AsicBoost.