Biyin Mining Pool Launches ZEC Mining

Biyin Mining Pool Launches ZEC Mining

On June 15, ZEC officially landed on Poolin.com. Currently, the pool supports Litecoin LTC, Dash DASH, Ethereum ETH, Monero XMR, ZEC, Monero Classic XMC, DCR and Bitcoin Cash BCH. More currencies are coming online.

Zcash, abbreviated as ZEC, aims to use zero-knowledge proof technology to ensure payment privacy without revealing the sender, receiver and transaction amount of the transaction. The total issuance is about 21 million, using the Equihash encryption algorithm. The current block reward is 12.5 ZEC. After deducting 20% ​​of the reward contributed to the community, the block reward for miners is about 10 ZEC. As of 17:00 on June 14, 2018, the total network computing power is about 545M, and 1 ZEC≈1250 yuan.

Currently, ZEC is mainly mined using graphics cards. However, with the release and arrival of ASIC mining machines for the Equihash algorithm in May and June, ZEC will gradually enter the ASIC mining era. According to the current network difficulty, the static theoretical daily income of mining is as follows:

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