Nice to see that improvement in hashrate, but I think it won't change that ZCash is doomed compared to Ethereum.
actually increasing the hash will not give you anything, because everyone will have his hash increased, only nvidia is screwed on zcash at the moment because of no optimization
Just wait until Nvidia optimizations happen (in the pipeline for Optiminer shortly), ZEC will get pummeled.
I think it has not much to do with hashing power but with coin trading. Let suppose you build a nonster rig and you use Claymore miner, you will get some great profits for some days, but as the ZCL and Zcash price drops, you will be switching to eth/etc sooner or later, moreover if we take into account the dual mining option.
I think the market will give is the chance to switch between currencies, I mean: as the eth difficulty rises you will get fewer coins for the same work, and in the meantime the zec/zcl difficulty wil fall some points. People will drop eth and to move to zec, and on, and on, and on, until both currencies's difficulty is so high that you wil have to upgrade your card.
But in all those sceneries the price will play an stellar roll. It's my opinion.
Cheers.
I think people will keep mining even if they get 0 Profit at the moment.
Maybe they believe Zcash will do the same as Bitcoin in a few years..
Mine a few hundred/thousand coins depending on your rig and maybe get rich in 2022
And I hope Amd's new vega gpu in early 2017 will make it profitable for non-chinese-mining farms-non-paying for electricity-people again
Upgrading whole farm is quite an investment
Upgrading 6 card rig at home is affordable
