Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy
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
total speculation, Zcoin undervalued by a long way, look at Zcash, monero, Dash, really it's the only coin offering zero knowledge with an audit able supplyI 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
But if they mine pure for speculation why not mine a other more profitable coin and trade them back for more zcoin? Oh well maybe it doenst matter at all since new minging algo is arround the corner but still is a bit strange
Indeed, we ourselves are surprised at the hash rate. Not sure how many other 'CPU-friendly' coins are out there tho.
Oh well once upgraded to the new algo problem will solve itself. When we change algo will there be a hard fork? I think its necessary right?
How do you think it would "solve" itself after the upgrade? Do you think people running bots are going to simply quit mining it?