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CoM1ner
(OP)
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Activity: 65
Merit: 10
DELETE
April 17, 2017, 11:05:10 PM
Last edit: April 19, 2017, 12:59:28 AM by CoM1ner
#1
DELETE
adaseb
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Activity: 3878
Merit: 1733
Up to 300% + 200 FS deposit bonuses
Re: [SERIOUS QUESTION] How is mining Zcash profitable long term?
April 17, 2017, 11:09:02 PM
#2
Your bigger issue is what will happen when ETH goes POS and everybody starts mining ZEC and difficulty goes through the roof.
It won't be profitable that long, maybe the next few months.
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antantti
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Activity: 1176
Merit: 1015
Re: [SERIOUS QUESTION] How is mining Zcash profitable long term?
April 17, 2017, 11:33:52 PM
#3
Someone is buying about every mined zec. Miners do not have problem with that. Yet.
Elder III
Sr. Member
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Activity: 1246
Merit: 274
Re: [SERIOUS QUESTION] How is mining Zcash profitable long term?
April 17, 2017, 11:46:50 PM
#4
Nobody really knows how long it will remain profitable to mine any particular coin. All we can really do is research, try to sift through all the hoopla and/or FUD on the internet, and make an educated guess. I am hobby mining for fun and profit and intend to keep investing a little bit in long term speculative gathering of some various coins, while making $ through mining whatever is worth the most in the short term.
ahoenk
Hero Member
Offline
Activity: 1246
Merit: 502
Re: [SERIOUS QUESTION] How is mining Zcash profitable long term?
April 18, 2017, 03:38:52 AM
#5
nobody knows how much price of zcash 4 years latter, maybe it will reach $1000, just like bitcoin in 2010 no body knows bitcoin will reach $1200 per btc right ?
just mine and have fun
addias
Sr. Member
Offline
Activity: 244
Merit: 250
Re: [SERIOUS QUESTION] How is mining Zcash profitable long term?
April 18, 2017, 06:07:57 AM
#6
I appreciate the chart; I have never really thought about this. If a low supply and difficulty in mining, the price could rise sharply in the future. Right now, could be the best time to mine.
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