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Author Topic: [ZEC] ZCASH - All coins are created equal. Discussion Thread (Unofficial)  (Read 161651 times)
pwpwpw
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October 04, 2016, 11:43:49 PM
 #101

Personally i'm still hoping the dev team is extremely cool and they'll just change the algo 12h before launch to something completely different, rendering all the private gpu miners completely useless Smiley

Interesting idea but in my opinion the best thing would be if they just simply buy the fast miner and release it open source within the client. That way mining will be fair for a relatively long time, I doubt they could do a 5-10x improvement over the fast miner anytime soon.

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October 04, 2016, 11:49:50 PM
 #102

mining only a test, I think it was real, awaiting Zcash really launched and started mining
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October 05, 2016, 07:54:28 AM
 #103

any price speculation once it hits exchanges?

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October 05, 2016, 11:01:13 AM
 #104

any price speculation once it hits exchanges?
1 zec=1 btc   Tongue
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October 05, 2016, 11:15:00 AM
 #105

0.02 is my prediction
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October 05, 2016, 11:18:33 AM
 #106

0.02 is my prediction


i would say 0.2 at first week Cheesy ... yeah call me crazy but you willl see
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October 05, 2016, 01:55:37 PM
 #107

0.02 is my prediction


i would say 0.2 at first week Cheesy ... yeah call me crazy but you willl see
This is quite possible, especially when considering the futures market for ZEC on BitMEX.
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October 05, 2016, 02:09:45 PM
 #108

I think this could be awesome and should be.

But as usual re. mining, you know those insiders with power will get most coins and it will be manipulated like crazy which is toooo baaaad (as usual).
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October 06, 2016, 06:00:01 PM
Last edit: October 06, 2016, 07:28:54 PM by szachta
 #109


If you caught our recent newsletter you saw that Zcash will soon be available for mining contracts! That moment has come and we wanted to update you as soon as we went live! Zcash launches on October 28th, but we are excited to offer Mining contracts starting today so you can be ready for the launch! We expect high demand and quantities will be limited so now is the best time to sign up!

We have prepared some materials to help you learn more about Zcash, including an Altcoin Report that you can read here, a video with additional info which you can watch here, and some important pricing information below or on our pricing page:

Starter Contract: 29 USD, 0.1 h/s

Advanced Contract: 280 USD, 1 h/s

Professional Contract: 2600 USD, 10 h/s

We are looking forward to helping all of you get started with Zcash!

Marco Streng
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October 06, 2016, 06:19:41 PM
 #110

any price speculation once it hits exchanges?

The investors valued one token around $17, so I will expect the price be around that, but if there is no adoption I can see the price crash to around $10. Dark market adoption will be great for the price
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October 06, 2016, 06:37:46 PM
 #111

Any news on a GPU miner, hopefully before Oct. 28...
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October 06, 2016, 06:41:01 PM
 #112

Any news on a GPU miner, hopefully before Oct. 28...

It could not be insta-mined , so there is no actually mater , if GPU - miner available on launch or not...
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October 06, 2016, 06:46:36 PM
 #113

Genesis Mining estimate 1 to 10 H/S, with yearly contract. Is this a better deal- can they get 1- 10 H/S on ZCASH? are you better of mining yourself with a good CPU rig?

thank you
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October 06, 2016, 06:47:09 PM
 #114

Genesis Mining
 ...
 ...
Is there a link for this?
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October 06, 2016, 06:55:54 PM
 #115

Genesis Mining
 ...
 ...
Is there a link for this?
https://www.genesis-mining.com/pricing and click Zcash.

Genesis Mining estimate 1 to 10 H/S, with yearly contract. Is this a better deal- can they get 1- 10 H/S on ZCASH? are you better of mining yourself with a good CPU rig?

thank you
If you have the right equipment you will pretty much always be better of mining it your self.

Also they are planning on using GPU mining.
How Zcash GPU mining will compare to CPU we dont know yet I think.

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October 06, 2016, 07:05:35 PM
 #116

Any specs on using the right equipment. I have a double CPU workstation board. Is it better to use Xeons or I7s..

thanks
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October 06, 2016, 07:11:00 PM
 #117

ZCASH will be the ultimate scam coin. The FOMO will be so huge that initial price of 1 ZCASH will be higher than 1 BTC.

At the end of week 1 after ZCASH launch there will be approx 6000 ZCASH mined and the noobs will think that at price of 1 ZCASH = 1 BTC , marketcap of ZCASH (3.6 million usd) is too small. what the noobs will fail to realise is that at the end of 1 year ZCASH marketcap has to be 1 Billion usd to sustain that crazy price of 1 ZCASH = 1 BTC because there will be approximately 2.5 million of ZCASH mined by year end.

The only one to profit massively from ZCASH will be the developers with their 20% premine and maybe miners to a slight extent. rest all the traders who buy ZCASH will only see the price of ZCASH decreasing as every day passes while the marketcap of ZCASH increases.

yeah inflation can do that to a coin.

P.S. and about ZCASH volume on day 1 there will be a total of 100 coins mined in first 24 hours. at price of 1 ZCASH = 1 BTC the real volume should be less than 100 BTC. anything more is just the washtrade.

No offence to ocminer, you are a great guy buy i do not support the ZCASH model of 20% premine in initial stage. They should take the 20% from next 4 years if they really believe in their own coin. Not the first 4 years when total coin supply is scarce.

I can't see zcash reach btc level price. However, at litecoin price seem reasonable.

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ocminer (OP)
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October 06, 2016, 07:15:02 PM
 #118

Genesis Mining
 


Hello Miners!



If possible, please refrain from using this thread as a commercial thread for some cloud hashing providers, personally I don't like them as I don't see anything good they bring to coins / launches neither in short or long-term.


Miners can mine with their own equipment just perfectly.

Thanks

suprnova pools - reliable mining pools - #suprnova on freenet
https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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October 06, 2016, 07:28:19 PM
 #119

Genesis Mining
 


Hello Miners!



If possible, please refrain from using this thread as a commercial thread for some cloud hashing providers, personally I don't like them as I don't see anything good they bring to coins / launches neither in short or long-term.


Miners can mine with their own equipment just perfectly.

Thanks

In this case not really. I've been following zcash for a long time now. Toomim brothers claim they have a GPU miner that is 100x better than the zcashd. How are we going to compete with that? They don't like the zcash open source bounty and I assume they will rather sell it to a private farm which will most likely destroy the network until a solid open source miner comes out.

Don't know man. I think new algo is a fresh breat of air, but this shouldn't cause injustice.
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October 06, 2016, 07:32:51 PM
 #120

Genesis Mining
 


Hello Miners!



If possible, please refrain from using this thread as a commercial thread for some cloud hashing providers, personally I don't like them as I don't see anything good they bring to coins / launches neither in short or long-term.


Miners can mine with their own equipment just perfectly.

Thanks

In this case not really. I've been following zcash for a long time now. Toomim brothers claim they have a GPU miner that is 100x better than the zcashd. How are we going to compete with that? They don't like the zcash open source bounty and I assume they will rather sell it to a private farm which will most likely destroy the network until a solid open source miner comes out.

Don't know man. I think new algo is a fresh breat of air, but this shouldn't cause injustice.

Claim here, claim there, claim everywhere Smiley My neighbour claims my cat shits in his garden but my cat never shits outside..

Remember the claims when eth launched ?

Just mine with what you have, there will be some GPU miner public at launch, don't worry and then you're good.

I don't see any advantage investing in cloudhashing even before launch as zcash will also have a "slow launch" so the rewards are ramping up slowly and reach full reward after 30 days so the only folks earning money are the cloud hashing operators.

The most important things:

1. Don't panic, we had similar launches before
2. Get your gear ready for mining, test as much as you can to get ready for launch
3. Don't panic, there's still the 30 day slow start
4. Don't buy GPU miners or buy anything before launch, there will still be plenty available after launch
5. Don't panic, do your diligence.

suprnova pools - reliable mining pools - #suprnova on freenet
https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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