An ASIC miner is a cryptocurrency mining device built on specialized ASIC chips. It is tailored to a specific algorithm and is significantly more efficient than universal hardware.

An ASIC is an integrated circuit designed to perform a single task. In mining, such chips are used for the most efficient computation of a specific cryptocurrency algorithm.

A 51% attack is a scenario in which more than half of a network's computing power is controlled by a single participant or group, which theoretically makes it possible to manipulate transaction confirmation.

AML (Anti Money-Laundering) is a set of legal and technical measures designed to prevent the legalization of illegally obtained funds through cryptocurrency services and exchanges and to make the industry more transparent.

An altcoin is any cryptocurrency other than bitcoin. The term unites thousands of projects: from bitcoin forks to independent blockchains with their own technologies and use cases.