Markets· ★★★· bullish·

Zcash mining profitability tops Bitcoin by 4.5x as ZEC hits $890

  • —ZEC hit a high near $890, its strongest since 2017, up over 2,000% in 12 months
  • —Antminer Z15 Pro earns $727 per MWh versus $162 for the Bitcoin S23 Pro
  • —Zcash mining returns are 3.3x the $222 per MWh HPC industry average
  • —ZEC market cap topped $14 billion at around $840 per coin
Why it matters: Surging Zcash mining economics could pull hashrate away from Bitcoin and HPC, pressuring network difficulty and ZEC supply dynamics.
#ZEC#BTC
Source: Cryptocurrency.tech
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