Zcash Zooms Past Bitcoin: Miners in a Frenzy! 💰🚀

In a turn of events as unexpected as a sober evening at the Drones Club, the latest metrics reveal that mining Bitcoin has been relegated to the runner-up spot in proof-of-work (PoW) profits, pipped at the post by the enigmatic privacy coin, Zcash.

ZEC’s Profits: A Bonanza for the Digitally Discreet

The digital currency Zcash (ZEC), a darling of the discreet and the devious, has been on a tear of late, adding 18.7

The Bitmain-crafted Antminer Z15 Pro, a veritable workhorse at 840 KSol/s, is projected to rake in $50.58 per day at an electricity rate of $0.04 per kilowatt hour (kWh) as of Sunday, Nov. 23. Its less formidable cousin, the original Antminer Z15, chugging along at 420 KSol/s, is set to pocket an estimated $25.15 daily under the same conditions. Even this lower-tier model, for the moment, outshines the top-earning BTC machine, the Antminer S21e XP Hydro 3U. A humbling spectacle, no doubt, for the once-unassailable Bitcoin.

Zcash’s hashrate at record highs
Zcash’s hashrate soars to unprecedented heights. Image source: 2miners.com. 🌟📈

It’s also plausible that some of the older, less glamorous Equihash ASICs are dusting themselves off and rejoining the fray-including Innosilicon’s A9 and A9++ ZMasters. A nostalgic return, perhaps, for these digital veterans.

The “Sol/s” metric, a measure of how many Equihash solutions a miner can churn out and verify per second, is the key to this drama. Once a miner hits 1,000 KSol/s, they ascend to the lofty realm of 1 GSol/s. Presently, the entire network is gliding at all-time highs, oscillating between 14 and 15 GSol/s. On Nov. 21, the Zcash network breached the 18 GSol/s barrier, setting a new record. A feat as impressive as a perfectly executed backhanded compliment at a society dinner.

Some of the same mining titans who power BTC are now turning their attention to ZEC. ViaBTC currently reigns supreme, commanding a hefty 32.7

FAQ 🚦

  • What’s driving Zcash mining profits?
    Zcash’s 125
  • Why is Bitcoin now second in PoW profitability?
    ZEC’s Equihash algorithm currently outpays Bitcoin’s SHA256 machines. A bitter pill for the Bitcoin faithful. 😢
  • How much can Zcash miners earn today?
    Top ZEC rigs like the Antminer Z15 Pro can generate over $50 per day at low electricity rates. Not a bad day’s work. 💼💰
  • Which mining pools dominate Zcash right now?
    ViaBTC leads the pack, followed by F2pool, Antpool, and 2miners. A veritable oligarchy of hash power. 🏆

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2025-11-24 19:13