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Author Topic: [ZEC] ZCASH - All coins are created equal. Discussion Thread (Unofficial)  (Read 128103 times)
loremipsum
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November 12, 2016, 08:46:39 PM
 #1081

i have made some thoughts about the zcash hashrate :

Today i checked the hashrate of zcash and it is about 9mio khasps or 9,000,000,000 h/s or 9Gh/s.
I wonder how can this be,if my 1060 GTX has around 50h/s according to suprnova.cc
That would mean that the hashrate equals 180,000,000 equals 180mio. Nvidia GTX 1060 graphic cards.

I ask me, if even bitcoin is just used by around 10 Mio. users (very high estimated,https://www.reddit.com/r/Bitcoin/comments/4o3pl2/how_many_people_actually_own_bitcoin/)).
Than i think there are maybe just 100,000 people who use zcash (extremily high estimated)
Than let's say 100% of them would also mine zcash.That would mean, that the average user would have to own about 1800 GPUs.

This seems to me absolutely ridiculously. Roll Eyes
So can somebody tell me what i did wrong in my reflectings?  Grin

I didn't look into your calculations into detail but what I can think of are 3 things:
1) Certain people probably have closed-source CPU & GPU miners with higher hashrates
2) There is a lot of cloud mining hashpower that has been bought
3) Some people have powerful servers with multiple CPUs or AWS or even supercomputers

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someiotanow
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November 12, 2016, 08:57:23 PM
 #1082

yes,okay that's absolutely true.But we're talking about 180 Mio. Highend Gpus. Even the fastest supercomputer in the world has just around 10.6 Mio. cores. I mean even if you put all supercomputers together, just to mine zcash...come on this seems to me even more crazy...
bones261
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November 12, 2016, 10:49:01 PM
 #1083

i have made some thoughts about the zcash hashrate :

Today i checked the hashrate of zcash and it is about 9mio khasps or 9,000,000,000 h/s or 9Gh/s.
I wonder how can this be,if my 1060 GTX has around 50h/s according to suprnova.cc
That would mean that the hashrate equals 180,000,000 equals 180mio. Nvidia GTX 1060 graphic cards.

I ask me, if even bitcoin is just used by around 10 Mio. users (very high estimated,https://www.reddit.com/r/Bitcoin/comments/4o3pl2/how_many_people_actually_own_bitcoin/)).
Than i think there are maybe just 100,000 people who use zcash (extremily high estimated)
Than let's say 100% of them would also mine zcash.That would mean, that the average user would have to own about 1800 GPUs.

This seems to me absolutely ridiculously. Roll Eyes
So can somebody tell me what i did wrong in my reflectings?  Grin

According to this web page, https://explorer.zcha.in/ there is only about 12,731,620 sol/s. That would only be a little over 250,000 Nvidia GTX graphic cards.
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November 12, 2016, 10:59:20 PM
 #1084

ok,this seems to be possible.than there is a difference between hashes and solutions?!
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November 12, 2016, 11:01:47 PM
 #1085

Those guys are the smartest in the industry. They not spend $1m for nothing. I am sure they have plans.
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November 12, 2016, 11:50:58 PM
 #1086

Ugh...plz read up on this coin before saying crap that's not true.  Angry Dev fee lasts the next 4 years, roughly.  This coin had no giant premine or such.  The fee financing devs lasts the next 4 years, so they get a small amount each block.  So no, they have not been pain even a fraction of what they will (we're still in slow-start mode).

That's not quite true. They've been paid $2.9M in return for forward selling 331K of the 2.1M Founders' Reward.
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November 13, 2016, 12:55:55 AM
 #1087

New name "zcRash"

I have had to start mining the old coins again Sad  if I want to make any money.... had hoped for better with this coin. But as we know, most new coins never live up to the hype.

and not to mention a lagging BTC price on top of that  Roll Eyes

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wavespump
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November 13, 2016, 01:22:28 AM
 #1088

ZCASH is ZDEAD

may as well change the fucking name LOL

Ztrash, Zscam, Zshit...
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November 13, 2016, 01:42:22 AM
 #1089

ZCASH is ZDEAD

may as well change the fucking name LOL

Ztrash, Zscam, Zshit...

Oh man, I wanna play.

Z... ebra. Oh man, I fucked up  Embarrassed Cry
Caladonian
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November 13, 2016, 01:49:32 AM
 #1090

ZCASH is ZDEAD

may as well change the fucking name LOL

Ztrash, Zscam, Zshit...
.2btc miners keeps dumping what is he next price .02?

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placebo
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November 13, 2016, 09:59:39 AM
 #1091

How far will ZEC drop.... still think it is a perfect pump and dump coin with a lot of volume... marketcap of only $3.5M, if you check other coins then this coin is cheap...other coins didn't had any mining costs, here at least some people have to pay to mine this coin; The good thing is that the profit for miners are decreasing, so if demand for the coin move up then the price will move up too.
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November 13, 2016, 10:19:14 AM
 #1092

Dropping to place 32 in the TOP 100 coins list.... how far it can drop... Dev should really do a fork of his coins...

if he take 20% of coins then it makes sense that he try to put the marketcap as high as possible now his coins is worth $3.5M so that means $700,000 for him

If he fork the coin and put the reward at 6 ZEC per block then he receive less ZEC coins but that really doesn't matter if the marketcap increase to $5M then he get $1,000,000 (with less ZEC coins, but his $ profit will be a lot higher), so ZEC dev, I think you know what you have to do.... else I still this marketcap dropping more and more, even that you receive more ZEC coins.
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November 13, 2016, 10:26:45 AM
 #1093

Lồn sell


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xlilbearx
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November 13, 2016, 10:40:44 AM
 #1094

Why is it that this new coin is crashing or seams to be? Do you think this has reached the bottom yet?
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November 13, 2016, 01:39:59 PM
 #1095

My inbox is getting flooded by users having problems withdrawing their coins to jaxx.. 

They probably have some problems at the moment

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November 13, 2016, 05:24:21 PM
 #1096

f..k, 3 bucks in day with my hashrate, just 2 weeks mining and all!? ...now more profitable to buy at all and wait for the mercy where zcash for $1000!
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November 13, 2016, 09:54:25 PM
 #1097

Any bitcoinwisdom style charts for zcash?

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November 13, 2016, 11:22:33 PM
 #1098

Any bitcoinwisdom style charts for zcash?

https://cryptowat.ch/poloniex/zecbtc
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November 13, 2016, 11:24:46 PM
 #1099

f..k, 3 bucks in day with my hashrate, just 2 weeks mining and all!? ...now more profitable to buy at all and wait for the mercy where zcash for $1000!
Why on earth would you even consider to get involved in this coin? how can anyone puts a price on a coin still not launched at high crazy prices? was it real physical gold coins that people knew it will be worth it if they buy in?
Any crypto coin coming out if has something new and I mean really new then naturally it should take at least 2 years to see the performance and then price will go up if it's a good one.

When people understand that anyone with half a million dollars could easily hype this coin or any other coin for that matter? greed blinds them all.

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November 13, 2016, 11:56:21 PM
 #1100


thanks, works great.

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