WTf is going on with zcash mining

Mining
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HUSH going to be on the SuperNET DEX as soon as it is fully launched…I
happen to maintain the Windows port of komodo for them…jl777 has
already started the work to add HUSH to their Agama Wallet, too, and
SuperNET has added a position in HUSH to the SuperNET asset portfolio

Aside from differing monetary policies, the coins each have a different
focus. HUSH is adding secure comms and smart contract features, which
komodo/SuperNET are more focused on markets and financial innovation.

While of course the zcash mothership is all about the core protocols

2 Likes
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IMO tackling diff areas add to their underlying value. Bitshares and Waves are good for what they bring to the table for DEX, but it’d be better to see Bisq and KMD take over as they have more established trust from the community, are transparent.
Maintaining komodos Win port too? Hush and zec ports clearly not enough for you :stuck_out_tongue_winking_eye:
Someone buy this man a drink stat!

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Donations gladly accepted in a bunch of coins that are all listed here!
https://zcash.mercerweiss.com/index.html#Donations

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Should we reanimate the current theme again? :slight_smile:
Strange things are going on with Net HR and difficulty, as a result. I have noticed 70 Mh - 80Mh moving in the morning hours and out at the evening. 70 Mh… Not 7Mh, but 70! Who has some insider info?

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i wish i knew, someone is flipping a bunch of hashpower back and forth between zcash and hush

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:slight_smile: morning
“Someone”…? 70 Mh/s is someone? :slight_smile: I don’t think so. HR of MiningPoolHub is 13Mh/s and Fly has 130Mh/s. I can’t imagine somebody to control such a huge amount of power.

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Yes, ther’s a something strange about zcash diff. I’v been talking about that couple weeks ago. It is moving almost double, up and down, in a short period. We really need exlpanation from Zcash team. Personally, i have dedicated for Zcash mining 150 Nvidia gpus and i’m barly willing to stay on Zcash.

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Nothing strange with difficulty - it goes up because of increased Net HR. It used to be 210 - 230 MH/s. But lately it has increased to 280 - 300 MH/s

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Did no one consider that maybe (big) ETH miners ( farms ) are testing Zcash ?

When ETH is going POS, be ready for some serious Hash on equihash coins.

So grab what you can and hold :slight_smile:

2 Likes
31

That’s a good point… I could see all the people who mine ETH switching to Zcash When it goes POS…

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or komodo or zclassic or HUSH or ZEN, depending on the market and how that makes things shake out on whattomine.com

1 Like
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Is there a some known reasson which coused latest Zec price rise?

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sometimes it doesn’t have a reason. and with the current difficulty increasing you could also see more investors going into zcash. it should increase more when ethereum goes POS going to swap many miners into zcash

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What I see here is kind of what happened to me when I started mining bitcoin. It was about the time when the first asics started rolling out. Then I decided to mine litecoin instead because I thought that when all the gpus turned to LTC then the difficulty would increase and it was better to start mining it earlier. In this case we have the plus that ZEC is usually quite more profitable than ETH, so if you are an ETH miner why not making the switch now, changing the equivalent of what you’d mine into ETH and keeping the rest knowing that this ZEC you keep will be way harder to acquire when everybody’s mining ZEC?

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Net Hashrate: 326.17 MH/s :grimacing: WTF… 100 MH/s added in the past week…
I just don’t understand where from such a huge organized HP can come from.
I have already lost 25% of my earnings… It is not funny any more. Frustrating situation, no?

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I know of people who invest million of dollars and buy thousands of card at one go for cryptomining. Most of these giants follow where the money brings them. With the recent increase in value for Zcash, there should not be any surprise that these giants will move as well.

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true. everything is connected.
Less price → less HP, but we are unhappy (low price)
higher price, we should be happy → higher HR, we are again unhappy :slight_smile:
Life is funny thing…

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I do not thing the difficulty is constant. I think thats because people are switchng between czash,zcl,zen,monero and eth. Last night the dificulty was aound 6400000 now its 4390631.

I do not know much but it tells me that people are going in and out in zcash universe.

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@VanijaDev I’ve taken to looking at my Zcash/HR rates averaged every 24 hours to get a good sense of how my bottom line is being impacted. Heretofore, I haven’t noticed much of a difference (well within margins for random fluctuations). Are you seeing a sustained 25/30% cut?

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Cant speak for vanijadev but Ive noticed a consistent degrading share value over the past few weeks. Mining with flypool so i attributed it to the huge increase in hashrate and change in difficulty.

Definately down 20-30% in qty. But the value of the coin offsets so the bottom line is about the same.

Just to confirm. Hashrate has stayed the same. Share count has stayed the same. Value of shares has dropped.