Quote from: yefi on November 04, 2016, 12:21:23 PM

Quote from: Cavin.Me on November 04, 2016, 10:15:56 AM

True value is determined through cost of mining. I have a 10 Sol/s contract for 4 months with www.Zcash-Miner.com which costs me 0.125 BTC. I am mining since Genesis block and mined 0.01047092 ZEC so far. So, true value of 1 ZEC right now should be 0.125/0.01047092, i.e. 11.93782399 BTC. As more coins are mined, true value is expected to go down and settle at 1 BTC. Whatever value is shown right now on various exchanges are result of trading.

Your calculation needs to be prorated. It is pointless in any case, as market value determines the cost of mining not the reverse.

What does it mean by prorated?