Zcash (ZEC) has experienced a remarkable 125% increase in value over the past month, propelling its network hashrate to unprecedented levels. The cryptocurrency's hashrate recently surpassed 18 GSol/s, establishing Zcash as the most profitable proof-of-work (PoW) cryptocurrency, surpassing Bitcoin in profitability.
Top mining rigs, such as the Antminer Z15 Pro, are generating daily profits of $50.58 at an electricity cost of $0.04 per kWh. ViaBTC currently dominates the mining pool landscape, controlling 32.7% of the network's hashrate, with F2pool, Antpool, and 2miners also holding significant shares.
Zcash Surges 125%, Hashrate Hits Record Highs
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
