maths time? let’s do some!
Right now zcash diff is 40M.
With this diff one z9 mini will produce 10.5 ZEC coins in ONE year.
Electricity needed for year of mining equals ~2.5 ZEC (at 0.15usd per kwh).
Result = 8 ZEC coins profit for 12 months of mining.
z9 mini with psu, taxes and delivery will be little over 1000 usd.
8 zec coins right now (124usd) = 992 usd.
Questions:
- will z9mini survive 1 year of mining?
- what will be z9mini value after 1 year?
- will difficulty go up?
- does z9 mini have any other use than mining existing equihash algo?
- what is the point of buying z9mini, waiting, mining, considering you can buy amount of zcash z9 will give in a year for less?
When you answered this questions, please try comparing it with GPU.
I was telling this very clear in may - asics are good only for asic producers, this is one way street.
ASIC mining and GPU mining have literally nothing in common.
One is about greedy money making and roi, and the other is accessible to anyone, anywhere, fair and predictable!
We still have enough GPU hashrate around to make right decision - protect ZCASH from ASICS.