The ZCash price increased a lot since then, but it is still not very profitable.

That is right. It is better to do some research to find the hash power you can get from the single graphics card.

That right. The Cloud mining is 4-10 times over priced. So that is only for the people who do not know how to mine.

The ZCash will be released on 28 October 2016.

https://z.cash/blog/zcash-launch-and-roadmap.html

The Zcash team is nearing the time to release our code and launch the genesis block of the Zcash blockchain. This is an exciting time to be involved in cryptocurrency and we hope this launch will be a milestone for the field.

When the Zcash genesis block is launched, anyone in the world will be able to mine Zcash, and users will be able to send it to anyone in the world with the advantage of full zero-knowledge privacy. The interface will be a command-line tool on Linux, and will not include a graphical user interface, nor run on Windows or Mac OS at launch time. We will continue adding improvements in response to user demand following this initial release.

As you will read in our next blog post we are currently undergoing the audit phase of our code; and as such we have delayed our Sprout release for security and safety reasons. Our aim in creating the Zcash blockchain is to launch the first open, permissionless financial system with zero-knowledge privacy and best achievable security. This post will describe, in chronological order, our engineering roadmap and the steps involved in creating this first release of what will (hopefully!) become a safe, viable, trusted network with this experimental and complex technology.

AUDITS

We have contracted a few of the best audit firms and most trusted hacker minds to help us review our code and correct vulnerabilities. The first audits have already begun; we may schedule future audits to gain further confidence in our security at launch. A blog post following this one will go into further depth about our auditors, when the full audit reports will be published, the scope of the audits, and current risk involved with the Zcash launch. We hope that with proper and thorough auditing we will mitigate all vulnerabilities and lessen risk; this thoroughness is one reason for our launch delay.

BETA

Starting on September 7, 2016 we will release the first version of our Beta code. This is still testnet. This series will be feature complete including having our consensus rules frozen, and a new, easier to use RPC interface in place.

This is a good time to begin the work of integrating Zcash into your products and services. Check back after the 7th for a new Public Beta Guide, which will replace our current Public Alpha Guide.

Our Alpha releases had changing consensus rules and had a difficult-to-use RPC interface (which will be removed). The Beta Series will present stable features, although they may be tweaked slightly before 1.0 launch, based on user feedback or bugfixes.

The potential exceptions to feature-completeness in our Beta Series may be changes to our Equihash Proof-of-Work, security issues found in auditing, bugs that aren't disruptive to fix, and changes required for our production launch such as initial block constants, hard-coded node ids, and removal of unused code and documentation.

BETA PHASE GOALS

Previously we described our plan to launch in September of 2016. Although our main software development is still on that schedule, we've decided to prolong our Beta phase for three crucial goals: secure parameter generation, security auditing, and integration work with ecosystem partners.

We'll describe each of these Beta Phase goals in the coming months when the time is right. Stay tuned!

THE LAUNCH AND SPROUT SERIES

The launch target date for the Zcash blockchain is set for October 28, 2016. This is when the first Zcash monetary units will come into existence, based on securely generated zkSNARK parameters. The software release for the launch will be the first in our Sprout Series releases. We are calling this software release, and this initial phase of the blockchain ‘Sprout’ to emphasize that it is a young, budding blockchain with great potential to grow.

In the coming few months we will be publishing content about: how to mine Zcash, information for integration, partnerships in the works, the parameter generation and setup ceremony, other cool science projects our team is working on, as well as a detailed FAQ that will help developers, miners, engineers, scientists, economists, enthusiasts, and anyone interested in Zcash join the conversation.

GET INVOLVED

The updated Zcash core design is in our Zcash Protocol specification. Our roadmap for the Beta and 1.0 launches is embodied in our github milestones.

If you're interested in infrequent announcements, such as for our launch, sign up for our email announcement list.

Join our forum for user discussions, or our Community Slack if you want realtime developer chat.

If you're the adventurous type who wants to play with our current alpha code, check out our Public Alpha Guide.

That could happen in a year or two as the price of bitcoin will be around $1000 to $10000 in a few years.

I think it is due to the community support of the Ethereum. Some big companies will develop based on the Etheruem chain.

I think there is something wrong with him and the Ethereum Foundation. They should sell the ETC to support the ETH.

That could be right. Both coins are off their peak at present. Maybe they are both scams. It will take time to know.

The $1.6 million worth of bitcoin is too small to affect the bitcoin price. Even the Poloniex has more trading volume.

I think so. The bitcoin is still in the early development stage. The price will rise a lot in the next few years.

I think the active bitcoin users are fewer than 100,000. If there are more than that, and each has more than 2 transactions per day, there will be huge congestion.

In four years, the price could be 16 times of present value. That is almost double every year for 4 years.

that is one method to connect two power supplies. You can also use:
http://www.ebay.co.uk/itm/252406377953?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649

In a media release, Counterparty‘s core developer Ruben de Vries said that the initiative is aimed at “pushing Bitcoin functionality forward by porting innovative features from the Ethereum project to the Bitcoin blockchain.”

Does it mean the Ethereum can be replaced?