Affirmative…
boxalex is correct
20
Sorry mate, it’s not the case. Feel free to turn it as you want, but the circulation/new issued coins is not dictated/related by whatever hardware is used. Be it 1 CPU or 1,000,0000x super asics, the daily mined coins would/are the same amount.
No way. The asic hash rate vs gpu mining rig hash rate does not even come close. For $2500 you can get 130ksols with an asic. 8x gtx 1080 ti gives you 5800sols and thats for $8000
This doesn’t matter. You would have to change block times and/or block rewards to have the released amount of ZEC changed. Again, it doesn’t matter if 1 gpu or 1,000,000 asics solve the block, the ZEC reward is the same. It has nothing to do with hashrate by the way as it seems you mess up things a bit.
Trying to make an easy example for you so you understand why it doesn’t matter.
1 Block = 12.5 ZEC as mining rewards (FIXED!!!)
1 Block is solved every 2.5 minutes (FIXED!!!)
Now the miners resolve/mine this block, the hashrate ONLY decides who gets how much shares of this block and the 12.5 ZEC. That’s all hashrate is good for (in short).
That’s why i said it doesn’t matter if it’s 1 gpu or 1,000,000 asics, the released/new ZEC are the same.
Hope with the explained example you understood what why when happens.
I had my blond moment apparently
I’m a looser trader. Whenever I sell there is a pump. If I hold or buy - it’s dump or slow price decrease. So I’ve just made a sacrifice for everyone here.
For the sake of our “to the moon” raid I’ve sold 5 zec for btc just a few moments ago. And I’m going to sell more if it’s not enough.
This mean - in few days there will be a pump! At least 17%.
Address to support “to the moon project” t1M7q28NjYEUS7TRW9xFcF1XBZBubjreZyJ
In god we trust. In ZEC we appease.
Pump be with us.
You will be remembered hero
Think the market is waiting for boxalex to cash out…
ty for your sacrifice. 20
april 23rd 2019 zcash USDC pair hit $100 on coinbasepro for 3 minutes
kektimestamp
seems like we’ve been here before.
it’s the same pattern.
80% sell vs 20% buy order. no way can go up
Daily thoughts with morning coffee Part 2:
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Monero $8.65 ahead at time of writting, seams the gap is increasing.
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12 days to go for Spiral1990’s golden cross and $100 price target. Today: $57.72
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Meanwhile we got into the 0.0097-0.0099 BTC range. Less than 0.003 to go for my prediction that we reach 0.007 and lower.
Random thought on BUY/SELL ratio versus Consensus type on the best known privacy coins:
GPU POW privacy coins:
Monero/XMR: 33% buy / 67% sell / 56 markets
Beam/BEAM: 47% buy / 54% sell / 11 markets
ASIC POW privacy coins:
Zcash/ZEC: 28% buy / 72% sell / 91 markets
Electroneum/ETN: 18% buy / 82% sell / 13 markets
Bytecoin/BTN: 12% buy / 88% sell / 10 markets
Verge/XVG: 24% buy / 76% sell / 37 markets
Zclassic/ZCL: 20% buy / 80% sell / 6 markets
Bitcoin Private/BTCP: 25% buy / 75% sell / 3 markets
POS or POS like consensus privacy coins:
Pivx/PIVX: 32% buy / 68% sell / 13 markets
Navcoin/NAV: 29% buy / 71% sell / 5 markets
Enigma/ENG: 39% buy / 61% sell / 15 markets
Hybrid POW ASIC and POS privacy coins:
DASH/DASH: 35% buy / 65% sell / 94 markets
Hybrid POW GPU and POS or Masternode privacy coins:
Zcoin/XZC: 28% buy / 72% sell / 19 markets
POW GPU + POW Asic privacy coins:
GRIN/GRIN: 46% buy / 54% sell / 22 markets
I’am not going as far as saying this is a pattern because first of all it’s only todays ratio, second i’am not sure IF all markets are included and third i had to take the numbrs from one source only.
However, it’s interesting to see that it seems that the POW asic coins have the biggest sell pressure in average which at least is worth a thought.
Sean did a tech talk on the livestream when Sapling went live, amazing stuff.