Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Privacy Coins Forum => Zcash Forum => Topic started by: Boss95rnd on January 10, 2020, 11:11:13 AM

Title: ZEC Mining 2020
Post by: Boss95rnd on January 10, 2020, 11:11:13 AM
Hey dear forum Members. Recently I purchased a ZEC Z11 (135ksols) Miner and I am pretty comfortable with it. I wanted to ask your opinion about the upcoming halving of ZEC which would happen at the same moment with BTC, if mining would still be profitable? Right now such ZEC Miner is producing around 0,15-0,18 ZEC per day, surely without electro and pool costs. (Around 50-60 percent goes to pool/bills) If we consider that the block reward is going to reduce to 6 ZEC per block, theoretically the price should make x3 to get profitable again. ZEC is deeply on the bottom, performing its all time low (25$ was the lowest level). So, do you think it is possible for ZEC to reach 60-90 bucks after halving? In my opinion it is totally possible, ZEC is one of the fundamental altcoins which crashed my more than any other alt like ETH or LTC. Thanks  ;)