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
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
Depends on how you setup your rigs and exact gpu model your using. I have Zotac Amp Extreme 1080ti's and on Ethash I run them at 70% power, -200 core, and 600 mem, and my yield is nearly the same as if I ran them at 80+ power and 0 core with 600 mem. I dont dual mine because the dual coins aren't paying more than the gained Eth running only Eth. The price and difficulty of Eth change the variables. but my rigs run FAR cooler, room is FAR cooler. When I run equihash I have to run those same cards at 80+% and cant lower the core without losing hash. My PNY 1080ti wont hash well lower than 80% on Ethash or equihash, so I definitely think gpu model makes a big difference. On my 1070 rigs I run several gpu models but the Zotac 1070's I can run at 50% power, -220 core 750 mem on ethash and temps are awesome in the low 50's C or lower. On equihash I have to give them 85% to get decent hash, and efficiency tanks below 75% with my temps hovering around the 69 to 71 C range.
I set 2 of my Zotac 1080ti's on BitcoinZ, so I'm watching it for a couple days to see how it goes. Seems initially to be a losing proposition short of a big future price jump.