Topic: [ZEC] ZCASH - All coins are created equal. Discussion Thread (Unofficial) - page 95. (Read 161932 times)
October 17, 2016, 05:21:30 AM
Finally a coin worth attention. Will buy a lot for sure on launch for a reasonable price.
October 16, 2016, 12:03:46 PM
I wish https://forum.z.cash/ posts and info were here at this bitcointalk thread. 
October 15, 2016, 10:54:18 PM
hello community, someone can talk me if the Zcash algorithm very warm GPU cards, cheer it to be Similar to NIST5 algo, is very cool, and great for GPUs .
October 15, 2016, 10:08:58 PM
I'm waiting for windows mining soft
Hope some one makes a windows mining to test this coin
October 15, 2016, 12:35:36 PM
ZEC future price here is 0.14 BTC
https://www.bitmex.com/app/trade/ZECZ16
50 ZEC mined per 10 minutes, so:
time after launch--------total supply-------------market cap based on current futures price
1 month 216000 ZEC 30240 BTC
2 month 432000 ZEC 60480 BTC
2 month 648000 ZEC 90720 BTC
3 month 864000 ZEC 120960 BTC
4 month 1080000 ZEC 151200 BTC
5 month 1296000 ZEC 181440 BTC
6 month 1512000 ZEC 211680 BTC
https://www.bitmex.com/app/trade/ZECZ16
50 ZEC mined per 10 minutes, so:
time after launch--------total supply-------------market cap based on current futures price
1 month 216000 ZEC 30240 BTC
2 month 432000 ZEC 60480 BTC
2 month 648000 ZEC 90720 BTC
3 month 864000 ZEC 120960 BTC
4 month 1080000 ZEC 151200 BTC
5 month 1296000 ZEC 181440 BTC
6 month 1512000 ZEC 211680 BTC
They have slow reward in the first month.
Yes but this is still close to correct
October 09, 2016, 09:35:12 PM
Quote
REWARD STRUCTURE:
2.5 minute block times, 12.5 ZEC per block
(so the same 50 ZEC per 10 minutes as Bitcoin)
- During the first four years, 80% goes to miners and 20% to Founders' Reward (so miners get 10 ZEC per block for first four years, then 6.25 ZEC, and then halving after)
- During the first ~month, the block reward ramps up linearly from 0.005(ish?) ZEC to 12.5 ZEC
(the mining slow start)
This is what i needed to know. Thanks OC 2.5 minute block times, 12.5 ZEC per block
(so the same 50 ZEC per 10 minutes as Bitcoin)
- During the first four years, 80% goes to miners and 20% to Founders' Reward (so miners get 10 ZEC per block for first four years, then 6.25 ZEC, and then halving after)
- During the first ~month, the block reward ramps up linearly from 0.005(ish?) ZEC to 12.5 ZEC
(the mining slow start)
October 08, 2016, 03:43:26 AM
any windows software ??
October 08, 2016, 03:35:43 AM
how about gpu miner for win10 ?
As well GPU minner for win 8 and win 7
Any ideas which one PC(what kind of video card min. and cpu min. equipment) can do minning instead of farms?
Cheers
October 07, 2016, 11:43:16 AM
how about gpu miner for win10 ?
October 07, 2016, 09:05:06 AM
ZEC future price here is 0.14 BTC
https://www.bitmex.com/app/trade/ZECZ16
50 ZEC mined per 10 minutes, so:
time after launch--------total supply-------------market cap based on current futures price
1 month 216000 ZEC 30240 BTC
2 month 432000 ZEC 60480 BTC
2 month 648000 ZEC 90720 BTC
3 month 864000 ZEC 120960 BTC
4 month 1080000 ZEC 151200 BTC
5 month 1296000 ZEC 181440 BTC
6 month 1512000 ZEC 211680 BTC
https://www.bitmex.com/app/trade/ZECZ16
50 ZEC mined per 10 minutes, so:
time after launch--------total supply-------------market cap based on current futures price
1 month 216000 ZEC 30240 BTC
2 month 432000 ZEC 60480 BTC
2 month 648000 ZEC 90720 BTC
3 month 864000 ZEC 120960 BTC
4 month 1080000 ZEC 151200 BTC
5 month 1296000 ZEC 181440 BTC
6 month 1512000 ZEC 211680 BTC
They have slow reward in the first month.
October 06, 2016, 09:06:19 PM
ZEC future price here is 0.14 BTC
https://www.bitmex.com/app/trade/ZECZ16
50 ZEC mined per 10 minutes, so:
time after launch--------total supply-------------market cap based on current futures price
1 month 216000 ZEC 30240 BTC
2 month 432000 ZEC 60480 BTC
2 month 648000 ZEC 90720 BTC
3 month 864000 ZEC 120960 BTC
4 month 1080000 ZEC 151200 BTC
5 month 1296000 ZEC 181440 BTC
6 month 1512000 ZEC 211680 BTC
https://www.bitmex.com/app/trade/ZECZ16
50 ZEC mined per 10 minutes, so:
time after launch--------total supply-------------market cap based on current futures price
1 month 216000 ZEC 30240 BTC
2 month 432000 ZEC 60480 BTC
2 month 648000 ZEC 90720 BTC
3 month 864000 ZEC 120960 BTC
4 month 1080000 ZEC 151200 BTC
5 month 1296000 ZEC 181440 BTC
6 month 1512000 ZEC 211680 BTC
October 06, 2016, 02:41:39 PM
Good post.
The was a lot of clamour for the first cloud mining offer - zeropond - but jumping the gun this early may mean you lose out. The slow start gives a lot of time for things to change.
The was a lot of clamour for the first cloud mining offer - zeropond - but jumping the gun this early may mean you lose out. The slow start gives a lot of time for things to change.
October 06, 2016, 02:32:51 PM
Genesis Mining
Hello Miners!
Hello Miners!
If possible, please refrain from using this thread as a commercial thread for some cloud hashing providers, personally I don't like them as I don't see anything good they bring to coins / launches neither in short or long-term.
Miners can mine with their own equipment just perfectly.
Thanks
In this case not really. I've been following zcash for a long time now. Toomim brothers claim they have a GPU miner that is 100x better than the zcashd. How are we going to compete with that? They don't like the zcash open source bounty and I assume they will rather sell it to a private farm which will most likely destroy the network until a solid open source miner comes out.
Don't know man. I think new algo is a fresh breat of air, but this shouldn't cause injustice.
Claim here, claim there, claim everywhere
My neighbour claims my cat shits in his garden but my cat never shits outside.. Remember the claims when eth launched ?
Just mine with what you have, there will be some GPU miner public at launch, don't worry and then you're good.
I don't see any advantage investing in cloudhashing even before launch as zcash will also have a "slow launch" so the rewards are ramping up slowly and reach full reward after 30 days so the only folks earning money are the cloud hashing operators.
The most important things:
1. Don't panic, we had similar launches before
2. Get your gear ready for mining, test as much as you can to get ready for launch
3. Don't panic, there's still the 30 day slow start
4. Don't buy GPU miners or buy anything before launch, there will still be plenty available after launch
5. Don't panic, do your diligence.
October 06, 2016, 02:28:19 PM
Genesis Mining
Hello Miners!
Hello Miners!
If possible, please refrain from using this thread as a commercial thread for some cloud hashing providers, personally I don't like them as I don't see anything good they bring to coins / launches neither in short or long-term.
Miners can mine with their own equipment just perfectly.
Thanks
In this case not really. I've been following zcash for a long time now. Toomim brothers claim they have a GPU miner that is 100x better than the zcashd. How are we going to compete with that? They don't like the zcash open source bounty and I assume they will rather sell it to a private farm which will most likely destroy the network until a solid open source miner comes out.
Don't know man. I think new algo is a fresh breat of air, but this shouldn't cause injustice.
October 06, 2016, 02:15:02 PM
Genesis Mining
Hello Miners!
Hello Miners!
If possible, please refrain from using this thread as a commercial thread for some cloud hashing providers, personally I don't like them as I don't see anything good they bring to coins / launches neither in short or long-term.
Miners can mine with their own equipment just perfectly.
Thanks
October 06, 2016, 02:11:00 PM
ZCASH will be the ultimate scam coin. The FOMO will be so huge that initial price of 1 ZCASH will be higher than 1 BTC.
At the end of week 1 after ZCASH launch there will be approx 6000 ZCASH mined and the noobs will think that at price of 1 ZCASH = 1 BTC , marketcap of ZCASH (3.6 million usd) is too small. what the noobs will fail to realise is that at the end of 1 year ZCASH marketcap has to be 1 Billion usd to sustain that crazy price of 1 ZCASH = 1 BTC because there will be approximately 2.5 million of ZCASH mined by year end.
The only one to profit massively from ZCASH will be the developers with their 20% premine and maybe miners to a slight extent. rest all the traders who buy ZCASH will only see the price of ZCASH decreasing as every day passes while the marketcap of ZCASH increases.
yeah inflation can do that to a coin.
P.S. and about ZCASH volume on day 1 there will be a total of 100 coins mined in first 24 hours. at price of 1 ZCASH = 1 BTC the real volume should be less than 100 BTC. anything more is just the washtrade.
No offence to ocminer, you are a great guy buy i do not support the ZCASH model of 20% premine in initial stage. They should take the 20% from next 4 years if they really believe in their own coin. Not the first 4 years when total coin supply is scarce.
At the end of week 1 after ZCASH launch there will be approx 6000 ZCASH mined and the noobs will think that at price of 1 ZCASH = 1 BTC , marketcap of ZCASH (3.6 million usd) is too small. what the noobs will fail to realise is that at the end of 1 year ZCASH marketcap has to be 1 Billion usd to sustain that crazy price of 1 ZCASH = 1 BTC because there will be approximately 2.5 million of ZCASH mined by year end.
The only one to profit massively from ZCASH will be the developers with their 20% premine and maybe miners to a slight extent. rest all the traders who buy ZCASH will only see the price of ZCASH decreasing as every day passes while the marketcap of ZCASH increases.
yeah inflation can do that to a coin.
P.S. and about ZCASH volume on day 1 there will be a total of 100 coins mined in first 24 hours. at price of 1 ZCASH = 1 BTC the real volume should be less than 100 BTC. anything more is just the washtrade.
No offence to ocminer, you are a great guy buy i do not support the ZCASH model of 20% premine in initial stage. They should take the 20% from next 4 years if they really believe in their own coin. Not the first 4 years when total coin supply is scarce.
I can't see zcash reach btc level price. However, at litecoin price seem reasonable.
October 06, 2016, 02:05:35 PM
Any specs on using the right equipment. I have a double CPU workstation board. Is it better to use Xeons or I7s..
thanks
thanks
October 06, 2016, 01:55:54 PM
https://www.genesis-mining.com/pricing and click Zcash.
Also they are planning on using GPU mining.
How Zcash GPU mining will compare to CPU we dont know yet I think.
Genesis Mining estimate 1 to 10 H/S, with yearly contract. Is this a better deal- can they get 1- 10 H/S on ZCASH? are you better of mining yourself with a good CPU rig?
thank you
If you have the right equipment you will pretty much always be better of mining it your self.thank you
Also they are planning on using GPU mining.
How Zcash GPU mining will compare to CPU we dont know yet I think.
October 06, 2016, 01:47:09 PM
Genesis Mining
...
...
Is there a link for this? ...
...
October 06, 2016, 01:46:36 PM
Genesis Mining estimate 1 to 10 H/S, with yearly contract. Is this a better deal- can they get 1- 10 H/S on ZCASH? are you better of mining yourself with a good CPU rig?
thank you
thank you
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