Brazil scraps import tax on Zcash mining equipment
- —GECEX Resolution No. 971 waives import duties on 40 categories of goods
- —The exemption covers ASICs for the Equihash algorithm (Zcash, Pirate Chain, Komodo)
- —Duties were already zeroed for Bitcoin miners in 2025, extended through 2028
- —Grayscale reported Zcash mining is about 4x more profitable than Bitcoin per MWh
Why it matters: The exemption lowers hardware costs for Zcash miners and could boost network hashrate amid ZEC's 551% gain over the past year.
Source: Livecoins