Bitcoin vs Zcash: Grayscale Reveals Which Is More Profitable to Mine
Zcash mining has become significantly more profitable than Bitcoin mining for individuals. That is the finding of a new analysis from Grayscale Research.
Research director Zach Pandl found that Bitcoin dominates in total scale. ZEC, however, currently delivers stronger returns per machine and per unit of electricity consumed.
Bitcoin Wins on Scale, Zcash Wins on Efficiency
Bitcoin miners collectively earn approximately $35 million in daily rewards, according to Grayscale, far exceeding the roughly $2 million Zcash miners generate. That gap reflects Bitcoin's vastly larger network and hashrate.
The picture flips at the level of the individual operator, however. Grayscale estimates a typical Zcash mining rig delivers roughly twice the daily revenue of a comparable Bitcoin machine.
โฆ Continue reading the full article at the original source below.
