Quote from: Claymore on October 28, 2016, 09:56:06 AM

Quote from: sp_ on October 28, 2016, 09:39:16 AM

Quote from: Claymore on October 28, 2016, 09:10:31 AM

Quote from: sammy007 on October 28, 2016, 06:33:47 AM

I hope you can make Equihash miner, current state of mining in zcash is a disaster.

I have never seen such rush/stress about new coin, all devs and miners with a great enthusiasm started to create mining software and mine zcash even before it was launched. I'm impressed, it's seems I'm the only dev that don't have own miner at the moment

At the launch date (today and tomorrow) around 300 ZCash coins will be mined. with a price of 1BTC per zcash, the pioneer miners will split the 300BTC reward. ($207 000 per day (24hours))
The total etherum network is currently making around ($343 341) to the miners per day (24hours). If half of the miners switch to zcash, Etherum will be 2x more profitable to mine, and Claymore's income might decrease.
The Zcash future prices indicates that 1ZEC = 1BTC..

Granted I am still relatively new to all of this but your statement about Claymore's profit above doenst make logical sense to me. With your givens that 50% of ETH miners moving to ZEC but it will in turn be twice as profitable to mine, isnt that a net wash to Claymore? Example using round numbers: 100 ETH miners making $10/day = $10 for Claymore (1% of $1,000). assuming your givens: 50 ETH miners (half) making $20/day (double) = the same $10/day for Claymore (50 x $20 X 1%). What am I missing? If anything, I don't see how a 50% drop in miners equates to a doubling of profit. Are you saying if 50% of resources currently dedicated to mining ETH move elsewhere that everyone reamaining doing ETH profits will double? Isn't the main factor in mining ETH the difficulty? While it seems the difficulty should eventually move downward with fewer miners, it seems crazy to think it could do so to effect a 2x impact. Anyway, I am probably missing a big factor in this but it's pretty interesting stuff.