BTC: ASIC Mining Definition

ASIC Mining Glossary

BTC

BTC is the ticker symbol used to express amounts in bitcoin, just as USD stands for the US dollar and EUR for the euro.

Why It Matters

Profitability calculators usually show a miner's expected daily output in BTC first, then convert it to US dollars. Compare Bitcoin miners by hashrate and power draw.

What to Watch For

The amount of BTC a miner produces depends on its hashrate and on network difficulty. The dollar value of that BTC depends on the Bitcoin price, so the two can move in opposite directions.

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