Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy
by
xs.over
on 30/07/2017, 05:53:39 UTC
Mining question : I see a significant amount of mining power just looking at Miningpoolhub's stats page.

I am wondering what is true re: this ( IMHO ) mining "anomaly"...... the hashpower required to put numbers in the top 15 is fairly large....

Whichever equipment is being used to produce it, calculations suggest those committing such number to Zcoin could make significantly more income

mining a few other coins, nets, algos.

>> Are these miner speculating..... dedicated.... Have advantaged software for mining...?

This has been bothering me for awhile now..... I have a small "farm" and could not see profits, at this time, mining Zcoin unless I was speculating on the future....

Am I missing some info here??  

All replies welcome....thanks  Smiley


I have same thoughts
Now miningpoolhub hold ~35Gh of 45Gh whole network. The second big pool is suprnova with just ~2Gh hashrate. So we see crazy high centralization by one pool
P.S.: Earlier this month notwork hashrate doubled just in few days.
I can't understand from where are coming these huge amount of hashrate? XZC net hashrate grows very quickly. At the same time, profitability is very low, about 4 times lower than on most other altcoins.
So, this is a botnet, or what is it ??  Huh
77Gh net hashrate it's about 65K pcs gtx 1060 GPUs. Seriously??? and all these miners still mining this coin, while other altcoins offering 3x, 4x higher profit?? smells fishly

Two biggest pools have only ~ 23Gh hashrate! Where the rest net hashrate is sitting? Seems what the resh hashrate is HIGHLY centralised by SOLO miners (botnets)