ZCoin XZC Mining Daily Profit
Greetings Steemians! I haven't posted a mining update in awhile so I thought it would be a good idea to summarize the latest coin I'm mining, XZC, also known as ZCoin. What is ZCoin? ZCoin is the first cryptocurrency utilizing zero knowledge proofs via the Zerocoin protocol for anonymous transactions of cryptocurrency utilizing the Lyra2z hashing algorithm. I was quite surprised to find out about this hidden little gem of a coin.
Cryptocurrency & Altcoin Price Tracker – Free Android Application. Track your coin & bitcoin investments. Crypto currency exchange calculator. Would you like to make profit – loss analysis of []. [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy. Just mining for profit, here. Code: Donations: BTC.
I regularily use whattomine.com to find out about different coins to mine, typically sticking to the list presented at the front page, but ZCoin wasn't there. It wasn't until browsing different coins on suprnova's pool list that I found ZCoin. Impressed with it's potential and current technology I set out to try mining it and was in for a pleasent surprise.
Mining Profits Now lets dive into the profit potential, afterall that's what we're here for right? To benchmark the profits, I'm utilizing my combo workstation/mining rig with 2 1080 Tis, and a 1080. When utilizing these 3 GPUs with my machine solely mining and not being utilized for day-to-day purposes, I get just shy of 8000kH/s, and clock in at 7891kH/s. If we plug that into whattomine with a 1% donation rate, I'm getting a profit of $3578.37USD/year (roughly speaking). If we take my same 3 GPUs, and look at the current most profitable coin listed on whattomine.com's front page, I'm getting a profit of $2498.18USD/year! Just by switching algorithm's from the previous coin I was mining, netting an extra $1000USD/year from the same hardware!
The potential here is amazing. ZCoin has good potential for long-term value growth, as well as immediate gains in profit create the perfect storm for some sweet sweet gains.
I highly recommend checking out this algorithm and cryptocurrency as you won't be dissapointed by it's mining profit margins. If you found this post of use to you, an upvote, follow, and/or resteem would be greatly appreciated!
Just added Zcoin to my alt coins. ZCoin (XZC) Zcoin is based on Zerocoin technology, a highly referenced and fully vetted, peer reviewed cryptography. Many people believe bitcoin is an anonymous digital currency. However, bitcoin is one of the least private digital currencies available online today. The transactions are broadcasted on a public ledger. Anyone can see your bitcoin address, your transaction history, and the value of your wallet. All it takes is one connection between your bitcoin address and your personal information, and anyone can use the public ledger to spy on your funds.
How Does Zcoin Work? Zcoin improves the privacy of bitcoin’s protocol in the following core ways: About Zcoin Tokens: There will be a total supply of 21 million Zcoins. The tokens will follow the same halving cycle as bitcoin (every 4 years), with 10% of the total Zcoin supply being distributed to the Founders Reward as time passes.
The Founders Reward is given to early investors, developers, and Zcoin community members. It’s important to note that Zcoin is not a fork of Zcash. ZeroCoin is the technology, and Zcoin is the coin – similar to how Zerocash is the technology and Zcash is the coin.
There is, however, a connection between the two currencies: Zerocash was built on Zerocoin’s concept, although it wasn’t a fork of the Zerocoin blockchain. Zerocash was built to address the perceived shortcomings in Zerocoin. Who’s Behind ZeroCoin Zcoin was proposed by Johns Hopkins University professor Matthew D.
Green, along with graduate students Ian Miers and Christina Garman. The team proposed Zcoin as an extension to the bitcoin protocol, adding true cryptographic anonymity to bitcoin transactions. Difficulty Emercoin EMC Mining.
The team originally proposed ZeroCoin as a mixing service built on the bitcoin blockchain. Today, however, it’s a separate blockchain with its own currency. The team eventually launched Zcoin on September 28, 2016 to demonstrate the power of their ZeroCoin Protocol. Sources: Not indicating that the content you copy/paste is not your original work could be seen as Some tips to share content and add value: • Use a few sentences from your source in “quotes.” Use HTML tags or Markdown. • Linking to your source • Include your own original thoughts and ideas on what you have shared. Repeated plagiarized posts are considered spam.
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