hmmm... interesting points about Intel potentially impacting the price of ZEC to promote higher CPU sales. Certainly it is possible but AMD & NVidia would benefit much more from pumping ZEC right? Because most Intel CPUs will only provide about 50% hash-rate vs just 1 high end GPU... and you can of course build a rig with 4-6 GPUs, so the effective impact of the CPU on a mining rig for ZEC is only about 10% of the overall hash-rate. Still, I do think Intel could benefit from pumping/buying ZEC... I doubt AMD can afford to do much but maybe NVidia can afford to impact it a bit.
Well for now I have hash on ETH and ZEC. I sell my ETH and I am now holding my ZEC
Interesting to hear that from you Phil. I'm doing the exact inverse, by auto-selling my ZEC and holding my ETH. May I have the reasons of such a choice
?
well look at the market caps
https://coinmarketcap.com/ Coin Name Total Value ------------ Coin price ------- Coins in Circ.....................Trading Volume
1 Bitcoin Bitcoin $11,567,723,856------ $724.46 ------- 15,967,308 ---- BTC $134,017,000 2.06%
2 Ethereum Ethereum $ 916,200,716--------------$10.68 ---- 85,800,241-------- ETH $ 14,541,600 -1.94%
40 Zcash Zcash $4,530,727------------------- $257.44--------- 17,599--------- ZEC -------$4,597,940 17.28%
So If I am mining Zec with the coin at $257 how much does it take to boost it to $1000 maybe buying a few thousand coins .
check the cap of 4.53 mill vs the volume of 4.59 million
check eth cap of 916 mill vs volume of 14.54 mill
Zec will be driven up in price at least 1 or 2 more times.
Now I have 160H at zec and 400mh at eth
and I fully sell my eth as it is not rare.
Just a guess remember I thought Hillary was a lock.
Interesting point of view, but here's how I see it : Ethereum is in a dip, so it can grow back. ZCash just profited from a last attempt to make price rise before sinking forever. It already had its recurrent pump. The marketcap of such a young coin (12 days !) isn't very revelant. The number of coins emission rate per day could be close to 2 or 3%, but surely more (I don't know th exact number, that's just the be sure that what I say is true, since going lower than 2% would be nonsense
).
However, I might be totally wrong, so don't listen to me, nor anyone. The last time I made money was with Ethereum during the Great Pump, and I was very lukcy, because even selling at a price and buying back a few hours later at a loss, I won significant amount of money that permitted me to buy my little mining rigs
.
okay I am a bit tired had a long two days. but what is hash power on Zec? and what is hashpower on eth?
I will look.
https://etherscan.io/charts/hashrateI will get back to this but almost 8k was max it dropped to 4k and now is back to 5k
I will break that down to 25mh gpus later tonight
So 40 gpu = 1 gh
40000 gpu = 1k gh
160000 gpu = 4k gh
So about 160000 gpu left eth and went to Zec
And then some came back.
So let's say 120000 gpu are doing Zec at 200 bucks a gpu that is 24,000,000 usd and coins are worth 6,000,000
Not to mention say 20,000 CPUs more like 100,000 CPUs. So say 200 a CPU that is 4,000,000 to 20,000,000
Worth of CPUs . And Zec coins are worth only six million.
So eth maybe 40 million in gear mining with a market cap of 900 million plus.
So Zec maybe 28 - 44 million in gear mining with a market cap of 6 million .
AMD Nvidia Intel are worth over 70 billion. They would love to see Zec coin do well. Look at how much gear is mining Zec look at how low market cap is. They will feed money into Zec buying at exchanges.
I see 500 usd to 800 usd possible .
Well, what you're saying is very intelligent, I never thought that way. That may be intelligent then to save, but with people with little rigs like me (210 H/s), taking a drop of value would kill like a week of mining and would not be very good for my monthly balance. What I'll do is maybe to dedicate a R9 380 to mining ZCash to my Poloniex account, since the other ones are mining to my Bittrex account, with auto-sell enabled.
