Zcash (ZEC) had a good start, but there were trouble with different pools and miners, even though everyone was willing to mine due to the overblown initial price of ZEC coins and their scarcity on the market. Now things are already starting to stabilize with prices going down to a more reasonable level, pools having less trouble and more miners to choose from. The slow start implemented for the launch of Zcash is working as expected with the block reward just a bit short from 1 ZEC at the moment and a network difficulty of 2,585,881 Sol/s with just about 751 ZEC coins mined so far (20% of them in the hands of developers).

Just as we have expected and predicted the big interest and a lot of hype have materialized in high demand and big initial price and while the price is still pretty high it will continue to go down as the block reward increases and more ZEC coins become available on the market. So if you are mining ZEC at the moment it might be wise to sell them now and later on buy more at a cheaper price with the money you have made from mining at the moment… seems like the most reasonable thing to do, otherwise the hard mined coins now will be worth even less in a couple of days.

The positive effect from the big move of mining hashrate to mine Zcash is that some other coins have become more interesting to mine if you are mining and holding on the long run than instead of mining and selling immediately for profit like you might be doing with ZEC. So now that the profit is not as big as at the initial launch you might also look around for alternatives and see if they might have become more interesting to mine than they were before the Zcash launch.

– To keep a track of how things are moving with the Zcash using the Zchain explorer…

• BTC Guild Could Be Shutting Down, Getting Sold or Not
• How About Investing Crypto Currency in Crypto Stocks
• HaoBTC Interest-bearing Multi-function Wallet Service
• What to Expect from the Coming Soon New AMD GPUs
• TT-Miner 5.0.0 Nvidia GPU Miner Removes the Development Fee
• How to Export and Import Private Keys from Local Wallet
• Novice’s Guide to Setting up a Crypto-Currency Mining Pool
• The Size of the Bitcoin Blockchain Data Files Has Reached 50GB
• NiceHash Closed BETA Testing For a New Major Platform Update
• Nvidia Has Announced Their New Mid-Range GeForce RTX 2060 GPUs
• Is Somebody Stress Testing the Bitcoin Network
• Counterfeit Nvidia GTX 1080 Ti Cards Out in The Wild
• Fake Extortion Emails Demanding Bitcoin For No Apparent Reason
• Is it Time For the Litecoin (LTC) to be Revived
• CoinKing, a New Multipool to Try Out
• Financial Markets are in Turmoil, Crypto Prices are Down
• What is Going on With Mining Asics Technologies
• How to Mine Both BTC and LTC on Gridseed 5-chip GC3355 ASIC
• GPU Mining Heavycoin (HVC) Booming, Price is Still High
• The Official Decred (DCR) Stake Pool is Now Live
• Multipool Experiencing Problems, an Alternative Pool to Mine Alt Cryptos
• TradingView With Special Big Discount for Crypto Traders
• Radiant (RXD) is Currently the Most Profitable Coin to Mine on GPUs
• Adult Industry Literally “Entering” into the Crypto Mining Farms
• Be Careful Where You Buy Your Mining Hardware From