Best zCash Cloud Mining
What is zCash? Of course, it is a crypto currency just like Bitcoin but it has features that Bitcoin users might be interested in. Just like Bitcoin, it uses a decentralized Blockchain but w
less transparency between parties involved. In Bitcoin, if you know a wallet address you can follow all the transactions happening on that wallet and see where all the transactions are going and coming from. With this feature, you are able to see how much coins are being moved, with zCash no transactions can be monitored as all the information is encrypted. This is a important feature for everything in “grey” areas like online gambling or buying goods on darknet markets.
You can read more about zCash here.
zCash was released way back in October 2016 and the creator of the coin is Zooko Wilcox, a cryptographer. The good thing about zCash is that compared to hundreds of altcoins out there today that can be mined through ASICs, zCash was designed so that GPU’s can still shine and be used to mine the crypto currency. Below this article is a video with a short explanation on what exactly is zCash.
Why Mine zCash?
zCash uses Equihash as their hashing algorithm. With this being said, the algorithm relies heavily on RAM requirements making it hard for ASIC developers to go into mining zCash, just like Ethereum before. An intensive read about Equihash can be read through this article posted here from Bitcoin Magazine. If you want to get more details, the research paper for Equihash has also been posted online which you can read here.
Just like any other crypto currency that you want to mine out there today, the reason for mining zCash would still be the same as them. First, you need to put in mind that zCash is a new currency that may or may not work in the future. With that being said, this crypto can also go places if properly positioned by its creators. The best way to position yourself is to mine your own set of coins for future use. Would you earn from mining? There are two types of miners, one would be the ones that mine and convert it directly to other crypto currencies like Bitcoin or Ethereum. The second type of miner would be the one that would hoard the coins and wait for it to rise in value.
zCash is young, yes, that is correct and the posibility of this coin going south is so huge that you can’t help deny the fact that failing has crossed your mind. But due to the nature of the coin and the feature it has, might be just the reason why it would be the perfect time to mine zCash. You can easily mine using your own hardware but it would be much better if you look into zCash cloud mining.
Best zCash Cloud Mining Websites
Below is a list of websites that you can look into if you are interested in mining zCash. With cloud mining, you do not need to think about the upkeep that most people that are mining zCash now has. With hardware mining, you need to think of a lot of factors that come into play, not to mention the effort.
As always, read more about these websites. If you click any of the websites listed above this will redirect you to our review pages. Before you click on any of these websites, please have time to look into this short introduction about zCash below.