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Author Topic: [ZEC] ZCASH - All coins are created equal. Discussion Thread (Unofficial)  (Read 125552 times)
Amph
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November 01, 2016, 07:48:54 PM
 #881

Who is buying ZEC at such ridiculous price? I already felt ZEC was expensive at 0.7 BTC yesterday. Now the price is ridiculous.
Buying now is like buying an expensive hot potato. Upside is limited but you have everything to lose as the price can suddenly go down with the increasing supply day by day.

it's not ridiculous when you take into account the fact that the reward is 1.38 x 576 min(block time 2.5 minutes), give you roughtly 800 coins per day, at current price it's like 2k btc being mined each day

now compare this to etheruem where 28.800 coins are produced each day, each one is 0.014 btc around 420 coin, but etheruem is dumped, before it was 0.02 or 0.03, so zcash it's like etheruem in its prime
---
2.5 minute block times, 12.5 ZEC per block

(so the same 50 ZEC per 10 minutes as Bitcoin)

- During the first four years, 80% goes to miners and 20% to Founders' Reward (so miners get 10 ZEC per block for first four years, then 6.25 ZEC, and then halving after)

- During the first ~month, the block reward ramps up linearly from 0.005(ish?) ZEC to 12.5 ZEC
---

I calculated after 1 month the newly mined coins 12.5 - dev.reward = 10 coins a block. One days has +/- 576blocks = 5760 coins added (a day) to the economic.  And dont forget there is almost none support from the "normal" non-crypto community for ZEC, Bitcoin has a worldwide support in stores etc.etc.

Prices will drop within a few months from now...below the BTC price.

12.5 reward for each block will be in 34 days, right now it's only barely 1.5, so pretty low, daily supply is not even 1k, the price is still to high

because they are basically producing 2k bitcoin per day, which is more than what miner produce from mining bitcoin directly
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November 01, 2016, 08:00:25 PM
 #882

The only good thing about ZCASH is that it will bring in a lot of new people in cryptosphere, just like ethereum did and doge before it. It will over all increase value of other promising alts.


The only good thing about ZCASH is that there is already a dark version of it... unbelievable,  but that is cryptoworld....

I saw 2 now, ZCash Dark Coin and DarkCash

Zcashdarkcoin is new as i'm currently mining that one. I didn't found darkcash... In fact Hashrate on Zcashdarkcoin is already high... another miner scam coin... will hit a exchange will be pumped and noobs will buy it and lose their money.


Now i'm totally in shock... this scam Zcashdarkcoin has a diff of 161 and this for a scrypt coin

20:58:05

{
"blocks" : 1123,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : {
"proof-of-work" : 161.10624568,
"proof-of-stake" : 0.00024414,
"search-interval" : 0
},
"netmhashps" : 13306.65493022,
"netstakeweight" : 0.00000000,
"errors" : "",
"pooledtx" : 1,
"stakeinputs" : 0,
"testnet" : false
}


WTF!!!!!!

Diff 161!!!!! WTF!!!!! This Shit!!!! WTF!!!!

This world is really getting sick!!!
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November 01, 2016, 08:20:37 PM
 #883

And that price? It was this idea of ​​Zcash from the beginning? LoL
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November 01, 2016, 10:23:04 PM
 #884

has any one figured out be msi afterburner settings for this?



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November 02, 2016, 02:05:47 AM
 #885

has any one figured out be msi afterburner settings for this?

My GPU's crash on every setting. I have older 9750 rigs, not sure why I can not use them.

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November 02, 2016, 09:20:05 AM
 #886

auto withdrawal on suprnova not working again?

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November 02, 2016, 09:23:54 AM
 #887

auto withdrawal on suprnova not working again?

3 hours ago it worked smooth for me.

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November 02, 2016, 09:31:53 AM
 #888

auto withdrawal on suprnova not working again?

3 hours ago it worked smooth for me.
auto withdrawal is from 0.005  and I have to balance 0.0054  the coins are not withdrawal

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November 02, 2016, 09:33:54 AM
 #889

Guys I want to mine this coin but I don't know how can we receive our shares if price is changing all the time and yet expect to profit.
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November 02, 2016, 09:36:36 AM
 #890

You get free zcash in eobot site what 24 hours.Even you can mine zec minimum withdraw is 1 zec.
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November 02, 2016, 10:21:48 AM
 #891

auto withdrawal on suprnova not working again?

3 hours ago it worked smooth for me.
auto withdrawal is from 0.005  and I have to balance 0.0054  the coins are not withdrawal

I can not withdraw fucking scam pool , stop mining!!!!!!!!!!!!!!!
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November 02, 2016, 10:55:54 AM
 #892

I just started to mine in suprnova, dashboard stats doesn't show anything, while next to worker there's a number on hashrate, am i doing somethig wrong or is it just like that in the beginning?


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November 02, 2016, 11:01:38 AM
 #893

I just started to mine in suprnova, dashboard stats doesn't show anything, while next to worker there's a number on hashrate, am i doing somethig wrong or is it just like that in the beginning?

Seems that site sometime hangs on the dashboard and on other parts, also to me if i refresh i have no data, and in some refresh pop up a maintenance page.... but the pool side is working.

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November 02, 2016, 11:42:47 AM
 #894

Technical question:

Installed zcash daemon on linux and built it. running now. how can i see what is my initial address in wallet? or i need to create new one?
let say i solo mine for a bit and i get a block. where and what is the address of wallet where coins are?

Thanks!

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November 02, 2016, 11:50:08 AM
 #895

I just started to mine in suprnova, dashboard stats doesn't show anything, while next to worker there's a number on hashrate, am i doing somethig wrong or is it just like that in the beginning?

Seems that site sometime hangs on the dashboard and on other parts, also to me if i refresh i have no data, and in some refresh pop up a maintenance page.... but the pool side is working.

I'm on it, there is currently a small ddos against the pool which should be resolved in a few moments

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November 02, 2016, 11:58:00 AM
 #896

I am user of windows. And as Zcash only support Linux.  So I have used windows wallet generator with exe file provided to generate wallet on windows for Zcash.

My current zcash wallet is t1YNyE349gxez2zG4E5zNoFBfCa7gfe5voZ.

Anyone can check on explorer for available balance.

Now I have wallet with private key. But I need help to import wallet with private key which I have keep in safe at my end. I need to import private key to access my wallet for effective action on balance available with given wallet.

Help to import this wallet to any service which provided wallet sync. services.

Thnx in advance

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November 02, 2016, 12:57:55 PM
 #897

I just started to mine in suprnova, dashboard stats doesn't show anything, while next to worker there's a number on hashrate, am i doing somethig wrong or is it just like that in the beginning?

Seems that site sometime hangs on the dashboard and on other parts, also to me if i refresh i have no data, and in some refresh pop up a maintenance page.... but the pool side is working.

I'm on it, there is currently a small ddos against the pool which should be resolved in a few moments

Cough cough ! Hem, are quite 24 hours (from the first time a joined the pool) that site is intermittent, if it is a ddos attack, is not so small......  Roll Eyes Wink

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November 02, 2016, 03:00:34 PM
 #898

when does the reward ramping start to take effect?

- NGdTwHRSdnThdi1drQuHGT3khAHRtZ1HMq -
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November 02, 2016, 03:04:31 PM
 #899

when does the reward ramping start to take effect?

It has already begun  Wink

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November 02, 2016, 03:05:33 PM
 #900

The price is falling in polo.wtf is Zcash?price was manipulated smartly and now people will cry who bought @ $1800-$2000  Grin
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