Re: [ANN][BTCZ] BitcoinZ - No-premine, No-ICO, No-Dev Tax - 100% Community
Why was the equihash algo used? I hate equihash algo, far too power hungry and makes it expensive to mine.
Why not use an algo thats more memory intensive and less core intensive the way Eth is, possibly with the Eth algo?
Seems to me that would make this more attractive to miners, especially in this early stage where the value is almost nothing. I'd point some of my power at it, but with the cost of power I'd be losing money.
I understand its an investment, however if its not even going to break even due to cost of power then I dont see the demand for this coin rising much. Bitcoin Gold coming soon and Bitcoin Z will be squashed if not profitable.
Hey look, I have mined both coins extensively and really noticed no energy usage difference. In fact, I always felt that Ethash used a tad more? as my mining room temps always seemed lower when mining Equihash lol Why not use an algo thats more memory intensive and less core intensive the way Eth is, possibly with the Eth algo?
Seems to me that would make this more attractive to miners, especially in this early stage where the value is almost nothing. I'd point some of my power at it, but with the cost of power I'd be losing money.
I understand its an investment, however if its not even going to break even due to cost of power then I dont see the demand for this coin rising much. Bitcoin Gold coming soon and Bitcoin Z will be squashed if not profitable.
And I am mining BTCZ same as I was ZEC, no difference and I am operating at about a 25% electric usage. So every $1000.00 of BTCZ (or any equihash coin) I will spend about $250.00 in power. Same holds true for even Ethash etc. I mind a lot of Expanse early on, was very profitable. My power cost here - average is around 5.5 cents a kWh.
If Iwere you I would be mining this or any Equihash coin vs Ethash coins
monitor for a few days