Overall hashrate of all the miners in the network is 56.77 MS/s.
Without it, mining would not be profitable. ZenCash (ZEN) Mining Difficultyĭifficulty maintains a balance between the number of miners and the block find time. If you have different graphics cards, go to WhatToMine and enter your values for the hashrate and power. If you have three such rigs, multiply the result by 3. ZEN mining on one rig will bring $10 a day, or $285 a month. All calculations are exclusive of electricity costs as they may differ. On the 28th of June, they reduced miner reward to 8.75 ZEN.Īs usual, let’s calculate profitability based on 6,000 h/s hashrate that corresponds to a rig with eight Nvidia 1080ti cards. Miner reward is 11 ZEN, or $171, according to the current exchange rate. A Few Details of ZenCash (ZEN) Miningīlock find time is 2 min. We compare the productivity of these models here. You can choose A9 ZMaster by Innosilicon or Antminer Z9 mini. AMD cards will work too, but their performance is not as efficient.Īnother option is the ASIC miner. They based ZenCash on Equihash, so you can use the same hardware that works for Bitcoin Gold, Zcash, Bitcoin Private, and Hush mining – 3GB+ Nvidia graphics cards. Developers also mention third-party wallets – Coinomi, Ledger, and Xeeda.
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There is also a web wallet, an Android app, and a paper wallet.
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There are two versions of wallets for Windows, Mac OS and Ubuntu – full client and lite client. If you hodl, then choose one of the options below. If you mainly trade ZenCash in pairs, you’d better store coins on an exchange so that you can conduct transactions quickly.
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Among them are Bittrex, Binance, OKEx, and UPbit, as well as Cryptopia, that we already know how to use.ĬoinMarketCap lists 15 pairs in which ZEN is traded.ħ1% of trading operations goes through Binance and Bittrex. In the last 24 hours, ZEN trading volume reached $375 thousand. The circulating supply is 4.13 million ZEN with the maximum quantity of 21 million. The highest rate was on January 10 exceeding $65, while the lowest rate was seen on August 1 amounting to $3.29. The market capitalization is $64 million. Its rate is $15.56 which is 10% lower than the day before. The team of over 50 developers from around the globe will be working on it.Īs we write this, ZenCash ranks 117th in the world. This year the developers plan to improve the Secure Node system, create next-generation solutions for scaling, as well as develop DAO-Treasury and a protocol-level voting system.Īs for 2019, they plan to integrate Dandelion++ for network stack anonymity, and IPFS published on Secure Nodes. The original White Paper is satisfied by 80 percent. ZenCash seems to do it quite well.Īccording to developers, the mission of their project is to level the economic playing field through technology, scientific research, and development. Their purpose is to hide information about transactors and ensure anonymity. ZEN uses decentralized autonomous organization (DAO) and “the latest privacy technology,” such as zk-SNARKs, Domain Fronting, and IPFS. On the website, you can also check out the features of the coin, the roadmap, and the team. Deep localization is still rarely seen among cryptocurrency projects, so it makes ZEN look entirely credible. That’s what they say on the official website available in different languages. Developers define their project as a secure platform for money, messages, and media. ZenCash was launched last year, on May 30.
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