Looking like the ZEC party is over

[philipma1957]

Every altcoin pro knew this was going to happen, it's not like it's all over for miners, it'd still remain just fine to mine it as it's mining profitability would match the Ethereum in future as well.

Miners just got another option... and it'd not be useless any sooner.

Solid post.

Here are my stats. For last 3 days about .999 Zec  earned let's say it all sold at 0.082 btc

That would give me .082 btc which is close to 60 usd .

My power used was 2 kwatt  that is 144 for 3 days.  Power is .127 a kwatt but the heat warms the home

So make it 10 cents.

So my power used was 14.40 my coin earned was 60.

I made about 45 for the last 3 days.


Most people posting against Zec in this thread are attempting to trick people into. Not expanding mining.


If you understand the math here. Intel AMD and Nvidia can simply buy one or two million usd in Zec coins causing  price to go over .100 btc.

Would be a cheap easy commercial for them.

How many of us would expand their setups if Zec moves over .100 btc

All of us might do that.

[jimmy_007vn]

Every altcoin pro knew this was going to happen, it's not like it's all over for miners, it'd still remain just fine to mine it as it's mining profitability would match the Ethereum in future as well.

Miners just got another option... and it'd not be useless any sooner.

Solid post.

Here are my stats. For last 3 days about .999 Zec  earned let's say it all sold at 0.082 btc

That would give me .082 btc which is close to 60 usd .

My power used was 2 kwatt  that is 144 for 3 days.  Power is .127 a kwatt but the heat warms the home

So make it 10 cents.

So my power used was 14.40 my coin earned was 60.

I made about 45 for the last 3 days.


Most people posting against Zec in this thread are attempting to trick people into. Not expanding mining.


If you understand the math here. Intel AMD and Nvidia can simply buy one or two million usd in Zec coins causing  price to go over .100 btc.

Would be a cheap easy commercial for them.

How many of us would expand their setups if Zec moves over .100 btc

All of us might do that.

What is your hashrate?

[Za1n]

Every altcoin pro knew this was going to happen, it's not like it's all over for miners, it'd still remain just fine to mine it as it's mining profitability would match the Ethereum in future as well.

Miners just got another option... and it'd not be useless any sooner.

Solid post.

Here are my stats. For last 3 days about .999 Zec  earned let's say it all sold at 0.082 btc

That would give me .082 btc which is close to 60 usd .

My power used was 2 kwatt  that is 144 for 3 days.  Power is .127 a kwatt but the heat warms the home

So make it 10 cents.

So my power used was 14.40 my coin earned was 60.

I made about 45 for the last 3 days.


Most people posting against Zec in this thread are attempting to trick people into. Not expanding mining.


If you understand the math here. Intel AMD and Nvidia can simply buy one or two million usd in Zec coins causing  price to go over .100 btc.

Would be a cheap easy commercial for them.

How many of us would expand their setups if Zec moves over .100 btc

All of us might do that.

I made most of my money mining Eth not when it was trading > $10.00, but back when I could mine several hundred of them in a day. By the time it was trading high the gold rushers were here and you could only mine a fraction of what was possible before. With ZEC it appears to be in reverse, so the opportunity is still ahead of us and not behind as is now with ETH.

[olcaytu2005]

Nothing behind for ether either, its potential is honestly bigger than any crypto out there.

[philipma1957]

Every altcoin pro knew this was going to happen, it's not like it's all over for miners, it'd still remain just fine to mine it as it's mining profitability would match the Ethereum in future as well.

Miners just got another option... and it'd not be useless any sooner.

Solid post.

Here are my stats. For last 3 days about .999 Zec  earned let's say it all sold at 0.082 btc

That would give me .082 btc which is close to 60 usd .

My power used was 2 kwatt  that is 144 for 3 days.  Power is .127 a kwatt but the heat warms the home

So make it 10 cents.

So my power used was 14.40 my coin earned was 60.

I made about 45 for the last 3 days.


Most people posting against Zec in this thread are attempting to trick people into. Not expanding mining.


If you understand the math here. Intel AMD and Nvidia can simply buy one or two million usd in Zec coins causing  price to go over .100 btc.

Would be a cheap easy commercial for them.

How many of us would expand their setups if Zec moves over .100 btc

All of us might do that.

I made most of my money mining Eth not when it was trading > $10.00, but back when I could mine several hundred of them in a day. By the time it was trading high the gold rushers were here and you could only mine a fraction of what was possible before. With ZEC it appears to be in reverse, so the opportunity is still ahead of us and not behind as is now with ETH.

I agree that  zec  should take off  not eth

simply based on the market cap  3-5 million for zec   800 mill for eth

both coins exist because asic buiders  own btc  .

We miners like gpu mining because the gear is from real companies.

Intel
AMD
Nvidia

Sapphire
Evga
XFX
Powercolor
Visiontex
HIS
Asus
Gigabyte
Biostar
Asrock
Corsair
Seasonic
Silverstone
Rosewill

All of the above stand to gain with  zec going up in price.

I look for zec to go back  over .1 maybe a lot higher. .2 or .3 are possible.

[QuintLeo]

Nothing behind for ether either, its potential is honestly bigger than any crypto out there.

 At this point, the ONLY cryptocoin that can honestly say "we will survive for the long term" is Bitcoin - nothing else is even on the same PLANET much less in the same ballpark when it comes to market adoption by merchants, and without that there is NO staying power possible for the long term no matter how "technically superior" a coin might be.


 I am very strongly reminded of the Beta vs VHS wars - Beta was hands down technicall superior, but VHS was "good enough" and far better marketed and had much more widespread adoption and support, so Beta died after some years of competition.

[Biodom]

Every altcoin pro knew this was going to happen, it's not like it's all over for miners, it'd still remain just fine to mine it as it's mining profitability would match the Ethereum in future as well.

Miners just got another option... and it'd not be useless any sooner.

Solid post.

Here are my stats. For last 3 days about .999 Zec  earned let's say it all sold at 0.082 btc

That would give me .082 btc which is close to 60 usd .

My power used was 2 kwatt  that is 144 for 3 days.  Power is .127 a kwatt but the heat warms the home

So make it 10 cents.

So my power used was 14.40 my coin earned was 60.

I made about 45 for the last 3 days.


Most people posting against Zec in this thread are attempting to trick people into. Not expanding mining.


If you understand the math here. Intel AMD and Nvidia can simply buy one or two million usd in Zec coins causing  price to go over .100 btc.

Would be a cheap easy commercial for them.

How many of us would expand their setups if Zec moves over .100 btc

All of us might do that.

I made most of my money mining Eth not when it was trading > $10.00, but back when I could mine several hundred of them in a day. By the time it was trading high the gold rushers were here and you could only mine a fraction of what was possible before. With ZEC it appears to be in reverse, so the opportunity is still ahead of us and not behind as is now with ETH.

I agree that  zec  should take off  not eth

simply based on the market cap  3-5 million for zec   800 mill for eth

both coins exist because asic buiders  own btc  .

We miners like gpu mining because the gear is from real companies.

Intel
AMD
Nvidia

Sapphire
Evga
XFX
Powercolor
Visiontex
HIS
Asus
Gigabyte
Biostar
Asrock
Corsair
Seasonic
Silverstone
Rosewill

All of the above stand to gain with  zec going up in price.

I look for zec to go back  over .1 maybe a lot higher. .2 or .3 are possible.

I am not selling ZEC for $60. In fact, it it gets to around 50, i would probably buy some outright.
It is probably OK to keep mining some eth so you can get income when it goes POS, then there will be ASIC mining with btc, GPU mining with zec and POS (capital mining) with eth. Nice diversification.

[kisk]

Nothing behind for ether either, its potential is honestly bigger than any crypto out there.

 At this point, the ONLY cryptocoin that can honestly say "we will survive for the long term" is Bitcoin - nothing else is even on the same PLANET much less in the same ballpark when it comes to market adoption by merchants, and without that there is NO staying power possible for the long term no matter how "technically superior" a coin might be.


 I am very strongly reminded of the Beta vs VHS wars - Beta was hands down technicall superior, but VHS was "good enough" and far better marketed and had much more widespread adoption and support, so Beta died after some years of competition.

BTC vs ETH/ZEC is nothing close to Beta vs VHS in terms of functionality. They're two completely different ideas built on the blockchain. Yes BTC is here to stay but right now its just a currency. Ethereum type implementations using blockchain totally has a future as well.

[Amph]

notice how the party is over for every altcoin, the overall profitability is declining each day and the hashrate increase, i think we are going to get another "2015 year", with very low profit if you only have 5 cent electricity

[agente]

notice how the party is over for every altcoin, the overall profitability is declining each day and the hashrate increase, i think we are going to get another "2015 year", with very low profit if you only have 5 cent electricity

Fully agree.
Alternative coins need something with real demand like Bitcoin. ZEC need to work in implementation with e-commerce sites / plugin /api to growing the demand and stabilize the price. If  don't do that we (miners with > 0.10 per kw) are going to die slowly.

BTW it's not a problem.. I'm doing more money with AMD and NVIDIA stocks that mining

[h311m4n]

Nothing behind for ether either, its potential is honestly bigger than any crypto out there.

 At this point, the ONLY cryptocoin that can honestly say "we will survive for the long term" is Bitcoin - nothing else is even on the same PLANET much less in the same ballpark when it comes to market adoption by merchants, and without that there is NO staying power possible for the long term no matter how "technically superior" a coin might be.


 I am very strongly reminded of the Beta vs VHS wars - Beta was hands down technicall superior, but VHS was "good enough" and far better marketed and had much more widespread adoption and support, so Beta died after some years of competition.

Yup, couldn't agree more. ZEC was a miner's dream, but it's still young and got stupidly overhyped. Its launch was a complete letdown with the slow start, then there's the 20% founder's reward and the block reward that will increase soon. Not to mention the complete lack of any sort of appropriate mining software on launch day. Every one here spent countless hours getting Genoil's to work correctly.

I want to believe that ZEC will rise from it's ashes, but currently, it's not looking like it will grow back. If you can afford to hold a few ZECs with the absolute belief it will, then go for it, but I still need to pay for electricity. I make more ZECs a day now people start to leave (I'm at 0.15 for 12h, before it was about 0.12) so in theory, I'm making about 13.2$ a day, which is more than what I would achieve on ETH, thanks to the fact that zec needs less power to mine and i have optimized the shit out of my cards. I guess i'll keep a few ZECs to see what happens, but I'm not too optimistic...

[philipma1957]

notice how the party is over for every altcoin, the overall profitability is declining each day and the hashrate increase, i think we are going to get another "2015 year", with very low profit if you only have 5 cent electricity

once again I disagree.

Zec is so small in market cap  a simple 1 week long buying of coins from

Intel    Chips
Amd    Chips
Nvidia Chips

Seasonic >>> Psu's
Corsair >>>> Psu's , cases , ram
Evga >>>>>> Psu's , Gpu's
Rosewill >>>> Psu's, cases

Asrock     mobos
Asus       mobos, Gpus
Biostar    mobos
Gigabyte mobos,gpus
Msi         mobos, gpus

Microsoft windows

Every one above does well if zec thrives  and that is a small list.

very soon amd will have the rx 490's

I look for a pump in zec very soon.

look below   a pump is very easy to do here.

[Amph]

even if a pump will happen it will only last not enough to make the profitability great again for a long time like it was with early this year, i think there is too much power hashing right now, too many gpu and still being added

we need a reset to remove some miners from the scene, bad times are good for this reason to restart again with less hash over all the coins combined

but yes the one thing that make me think that there can be another good pump, is the fact that bitcoin is very high in value, and in 2015 bitcoin was in a bad condition

usually this is a good traction for some alt to get pumped to a high level

[toptek]

Sense i like the power Useage of Zec mining,I'm using Claymore miner with fee off and mining on Ant's zcash pool because i can set it to PPS, the 1.5 % pool fee for PPS doesn't brother me . it seems to mine faster with PPS and no fee set for claymore till silent army's windows version at least matches claymore no fee version, then I'll use silent army again . I don't feel bad doing it this way and i pay 1% less in some fees and gonna keep mining Zcash till the end .

[olcaytu2005]

Nothing behind for ether either, its potential is honestly bigger than any crypto out there.

 At this point, the ONLY cryptocoin that can honestly say "we will survive for the long term" is Bitcoin - nothing else is even on the same PLANET much less in the same ballpark when it comes to market adoption by merchants, and without that there is NO staying power possible for the long term no matter how "technically superior" a coin might be.


 I am very strongly reminded of the Beta vs VHS wars - Beta was hands down technicall superior, but VHS was "good enough" and far better marketed and had much more widespread adoption and support, so Beta died after some years of competition.

Bitcoin is the frontpage of a shiny magazine, but keep in mind that once the page is open, what matters is what is inside the mag. Honestly, I stopped mining btc simply because it is owned by Chinese, not just the mining, but like the whole currency. Every pump is made by Bitmain and alike to empty their bags. Seeing this pattern for over 2 years now. And after the xt debate I honestly demolished my hopes for bitcoin for the future as it won't be able to adapt for further needs, as it seems.

Blockchain is much more than simply being a currency and closest thing to achieve that at the moment is Ether and its just the beginning.

[Satlite]

even if a pump will happen it will only last not enough to make the profitability great again for a long time like it was with early this year, i think there is too much power hashing right now, too many gpu and still being added

we need a reset to remove some miners from the scene, bad times are good for this reason to restart again with less hash over all the coins combined

but yes the one thing that make me think that there can be another good pump, is the fact that bitcoin is very high in value, and in 2015 bitcoin was in a bad condition

usually this is a good traction for some alt to get pumped to a high level

I agree with that totally. I found the total hash of the Ethereum and the ZCash is still increasing and fast.

[h311m4n]

even if a pump will happen it will only last not enough to make the profitability great again for a long time like it was with early this year, i think there is too much power hashing right now, too many gpu and still being added

we need a reset to remove some miners from the scene, bad times are good for this reason to restart again with less hash over all the coins combined

but yes the one thing that make me think that there can be another good pump, is the fact that bitcoin is very high in value, and in 2015 bitcoin was in a bad condition

usually this is a good traction for some alt to get pumped to a high level

I agree with that totally. I found the total hash of the Ethereum and the ZCash is still increasing and fast.

Hmmm, actually it's lower than before and seems to be slowing down already:

http://www.coinwarz.com/network-hashrate-charts/zcash-network-hashrate-chart

I beat all my records by mining 0.01 in 20 minutes earlier today ^^

[philipma1957]

even if a pump will happen it will only last not enough to make the profitability great again for a long time like it was with early this year, i think there is too much power hashing right now, too many gpu and still being added

we need a reset to remove some miners from the scene, bad times are good for this reason to restart again with less hash over all the coins combined

but yes the one thing that make me think that there can be another good pump, is the fact that bitcoin is very high in value, and in 2015 bitcoin was in a bad condition

usually this is a good traction for some alt to get pumped to a high level

I agree with that totally. I found the total hash of the Ethereum and the ZCash is still increasing and fast.

Hmmm, actually it's lower than before and seems to be slowing down already:

http://www.coinwarz.com/network-hashrate-charts/zcash-network-hashrate-chart

I beat all my records by mining 0.01 in 20 minutes earlier today ^^

Some have drifted to ETH

I have earned .275 zed today.   there are about 8 ½ hours left I could earn .37 - .40 ZEC today

[h311m4n]

even if a pump will happen it will only last not enough to make the profitability great again for a long time like it was with early this year, i think there is too much power hashing right now, too many gpu and still being added

we need a reset to remove some miners from the scene, bad times are good for this reason to restart again with less hash over all the coins combined

but yes the one thing that make me think that there can be another good pump, is the fact that bitcoin is very high in value, and in 2015 bitcoin was in a bad condition

usually this is a good traction for some alt to get pumped to a high level

I agree with that totally. I found the total hash of the Ethereum and the ZCash is still increasing and fast.

Hmmm, actually it's lower than before and seems to be slowing down already:

http://www.coinwarz.com/network-hashrate-charts/zcash-network-hashrate-chart

I beat all my records by mining 0.01 in 20 minutes earlier today ^^

Some have drifted to ETH

I have earned .275 zed today.   there are about 8 ½ hours left I could earn .37 - .40 ZEC today

Not bad. I think that people moving back to ETH is a good thing, more ZEC mined per day for us means we can hold on a bit longer...

[Gastotade]

even if a pump will happen it will only last not enough to make the profitability great again for a long time like it was with early this year, i think there is too much power hashing right now, too many gpu and still being added

we need a reset to remove some miners from the scene, bad times are good for this reason to restart again with less hash over all the coins combined

but yes the one thing that make me think that there can be another good pump, is the fact that bitcoin is very high in value, and in 2015 bitcoin was in a bad condition

usually this is a good traction for some alt to get pumped to a high level

I agree with that totally. I found the total hash of the Ethereum and the ZCash is still increasing and fast.

Hmmm, actually it's lower than before and seems to be slowing down already:

http://www.coinwarz.com/network-hashrate-charts/zcash-network-hashrate-chart

I beat all my records by mining 0.01 in 20 minutes earlier today ^^

Some have drifted to ETH

I have earned .275 zed today.   there are about 8 ½ hours left I could earn .37 - .40 ZEC today

Not bad. I think that people moving back to ETH is a good thing, more ZEC mined per day for us means we can hold on a bit longer...

That might not last long. If it is more profitable to mine ZEC., miners will come back to mine the ZEC.