Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Once Popular Coins (Graveyard) => Other Popular Cryptos / Coins => Zcash Forum => Topic started by: fire-man on June 23, 2018, 10:20:29 AM
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Is Zcash mining profitable? :(
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Yes, of course you can, quite a lot of people are engaged in this. It all depends on what equipment you have at your disposal. I'll give you a link to the detailed manual, there everything is available written and there are references to the software needed for mining.
https://www.cryptocompare.com/mining/guides/how-to-mine-zcash/
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Uniquely Zcash is mined like other crypto-currencies, but like everything now suffers from increased complexity and low cost, I personally am also mining but do not sell what I advise, because selling now for a song you simply work for electricity and lower it low market, but if you wait at least to the level at which it was raised (800), you can already think about selling, and the funds will be a heap that is more useful and the mining will be profitable. All profit and patience!
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It guarantees a less Chinese controlled eco-framework (as of now over 60% of the bitcoin arrange is situated in China).
Zcash controls this by making a computation that doesn't require modern hardware to mine.
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Uniquely Zcash is mined like other crypto-currencies, but like everything now suffers from increased complexity and low cost, I personally am also mining but do not sell what I advise, because selling now for a song you simply work for electricity and lower it low market, but if you wait at least to the level at which it was raised (800), you can already think about selling, and the funds will be a heap that is more useful and the mining will be profitable. All profit and patience!
Mining Zcash using the GPU is not profitable to date, because ASIC appeared, which mining coins Zcash is much more productive than the GPU. I believe that the more perspective mining coin, which is the most profitable to date, is to sell it and buy Zcash, so you will get a larger amount of Zcash than if mining Zcash.
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Yes, of course you can, quite a lot of people are engaged in this. It all depends on what equipment you have at your disposal. I'll give you a link to the detailed manual, there everything is available written and there are references to the software needed for mining.
https://www.cryptocompare.com/mining/guides/how-to-mine-zcash/
Sweet guide, lots of useful information about zcash. The CPU mining portion is interesting, would make an awesome project to learn about mining. Kinda makes me want to try it.
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Sure, Zcash mining can be more profitable but it all depends on your available equipment and how determined you are to make the most out of the Zcash mining
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Zcash mining is very profitable. It has a good potential and its likely to increase in its value if the cryptocurrency market improves. Market in general has been down for some months and hopefully, if it improves, Zcash will rise. It is mining and it is never a bad choice to mine Zcash.
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Now the most profitable option is mining Zcash with the help of special ASIC miner:
Antminer Z9 mini (Total hash rate 10.0k Sol/s±5%)
https://shop.bitmain.com/product/detail?pid=00020180904112650457SN82cdGO065F
Antminer Z9 (Total hash rate 42.0k Sol/s±5%)
https://shop.bitmain.com/product/detail?pid=00020180905111944904xyOrdVn9070D
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I don't trust any of those guys even genesis mining, there is no way to verify their mining claims, and most of them are self serving, look at the Ethereum contract genesis sold, I don't think anybody made profit from that contract.
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It for sure give you profit when mining it but I know it will be more profitable when you can trade it, as in if you are a good trader.
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It for sure give you profit when mining it but I know it will be more profitable when you can trade it, as in if you are a good trader.
You can trade and make more profit than mining, but for this you need to reduce trading and even experienced traders in the crypto market can lose their money due to the unpredictability of the market and strong volatility. And mining is able to make a profit regardless of your knowledge, experience or time you devote to trade. Mining makes you profit even when you sleep, it attracts many people.
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Yes, of course you can, quite a lot of people are engaged in this. It all depends on what equipment you have at your disposal. I'll give you a link to the detailed manual, there everything is available written and there are references to the software needed for mining.
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The A320, B738, and A380 are pretty profitable. At least, they are in my games. The A380 seems especially good even with a low seat count.
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No nowadays mining is not profit anymore, more and more big mining organizations have to shutdown their machine and quit the market too
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after btc now zcash mining taking place still I think its somehow possible.
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As long as it is sufficient for the price of electricity and maintenance for the miner, I think it is enough to profit from mining.
I think for now mining ZCASH is not profitable because the price of Bitcoin is still below the price of 4000 USD.
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Not even Zec but for all others crypto mining is not profit anymore at the moment because their price is too low and you can’t cover the power bill
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It's profitable to mine Zcash if you have the posibility to get electricity for free otherwise no., right now the price for Zcash is to low and in the end of mounth after you will pay the bills the profit will be very low.
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Mining is always profitable, but it is expensive to setup. The tools to buy that will be used for the mining. You will also have to know how to move with codes (when it come to the softwares to be installed) and things of that nature.