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Could you please elaborate on which cryptocurrencies are suitable for mining using Application-Specific Integrated Circuit (ASIC) mining hardware? As a cryptocurrency enthusiast, I'm particularly interested in understanding which coins offer the most profitability and feasibility for ASIC mining. Are there specific coins that are more compatible with ASICs due to their hashing algorithms? Additionally, I'd like to know if there are any emerging cryptocurrencies that are worth considering for ASIC mining in the near future. Your insights on this matter would be greatly appreciated.
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