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GPU stands for graphics processing unit.

It is a programmable chip originally designed for use in gaming devices which rely intensively on graphic displays for their impact. GPUs process vectors of data efficiently making them useful in other applications, such as cryptocurrency mining.[1] Their use has been supplanted in a number of applications, like bitcoin mining, by application-specific integrated circuits (ASICs), which are dedicated to solving a single problem.[2] Ethereum's reliance on a memory-intensive protocol was thought to assure its resistance to ASIC-based mining but Bitmain, the largest ASIC producer for bitcoin mining, announced that some of its miners are suitable for mining ether.[3]