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Bitcoin vs Zcash: Grayscale Reveals Which Is More Profitable to Mine

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Bitcoin vs Zcash: Grayscale Reveals Which Is More Profitable to Mine

Zcash mining has become significantly more profitable than Bitcoin mining for individuals. That is the finding of a new analysis from Grayscale Research. Research director Zach Pandl found that Bitcoin dominates in total scale. ZEC, however, currently delivers stronger returns per machine and per unit of electricity consumed. Bitcoin Wins on Scale, Zcash Wins on The post Bitcoin vs Zcash: Grayscale Reveals Which Is More Profitable to Mine appeared first on BeInCrypto.

Key Takeaways

  1. Zcash mining has become significantly more profitable than Bitcoin mining for individuals.
  2. That is the finding of a new analysis from Grayscale Research.
  3. Research director Zach Pandl found that Bitcoin dominates in total scale.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.