Post
Topic
Board Mining (Altcoins)
Re: Cloud Mining Zcash is now profitable
by
asriloni
on 01/12/2016, 23:27:04 UTC
https://twitter.com/ZcashMiner/status/804287282429575168

Quote
Solve Rate cost has been slashed to 0.00125 BTC/Sol/s on https://www.Zcash-Miner.com.

Nice info. Two important points to be mentioned here...

1. When the price of ZEC is going down, the Global Solve Rate is going down as well. Hence, Cloud Mining at fixed rate remains profitable.

2. I made a cost comparison between Genesis-Mining & Zcash-Miner. Read it below...

At Genesis-Mining,
260 Sol/s for one year cost 2699 USD, i.e. 3.59 BTC at current Preev rate.
Therefore, 10 Sol/s for one year cost 3.59/26, i.e. 0.138 BTC.

At Zcash-Miner,
10 Sol/s for three months cost 0.0125 BTC.
Therefore, 10 Sol/s for one year cost 0.0125*4, i.e. 0.05 BTC.

Hence, Genesis-Mining.com costs 0.138/0.05, i.e. 2.76 times higher than Zcash-Miner.com.
Nice comparison, But I don't think if they will get same number with his first investment.
Assuming With 10sols we can produce ZEC 0.001289 at the current price of btc you will get 0.00010btc a day equal btc. and 0.0001 * 30 = 0.003/Month. which mean you will get 0.036 a year.
https://www.cryptocompare.com/mining/calculator/zec I don't think it have good accuracy.