Grayscale: Zcash mining is more profitable than bitcoin per unit of energy
- —Daily miner rewards are about $35 million for BTC and roughly $2 million for Zcash
- —A typical Zcash machine generates twice the daily revenue of a BTC ASIC
- —Revenue per MWh for Zcash is about 4 times higher than for Bitcoin
- —Zcash hashrate has grown more than 2.5 times since the start of the year
Why it matters: Growing Zcash mining economics strengthens network security and supports investor interest in the asset.
Source: NFT Plazas