its not what I think, it is what happened…
that miner did increase the network hashrate by over 30%, which did cause the fall in ZCash prices right away… its a direct correlation…
why can’t i believe in math?
if you don’t like math, maybe you shouldnt be mining… cause mining is all math
why do you think that hashrate has anything to do with the price?
No matter what the hashrate is, the amount of ZEC mined will remain the same and just keep on increasing. The recent price jump was due to a notorious whale buying ZEC with over 100 BTC and then the sheep just followed.
I did the mac port of zcash and am working on windows, and understand the chinese cryptocurrency market as a whole has a lot of windows users…link to english QQ group or contact? I’d be interested to connect with any chinese pools or exchanges who might be interested in backing my windows port efforts
The rise and fall of ZEC is simply due to speculators and hype. No reason for a brand new unproven and unused cryptocurrency to have any value. Bitcoin took years to get to where it is now and its still not stable…but its useable. There are markets built around it. You can buy things with it. ZEC is interesting concept and that is what people should have approached it as…but everyone wanted to be that guy with 10,000 ZEC only to find it is now worth $1000. I mean titcoin and poopcoin had value at some point because people gave it value by trading it.