PANews|Sep 11, 2026 14:22
[Grayscale: Zcash Mining Profitability Significantly Higher Than Bitcoin, Hashrate Grows Over 2.5x This Year]
Grayscale's Head of Research, Zach Pandl, stated in an article that Zcash, a Bitcoin-like cryptocurrency with privacy features, is currently highly profitable for mining. While Bitcoin network miners earn daily rewards of approximately $35 million, far exceeding Zcash's roughly $2 million, the daily revenue per Zcash mining machine is about twice that of Bitcoin, and revenue per megawatt-hour is about four times higher than Bitcoin, even surpassing some AI/high-performance computing cloud services. Driven by strong token price performance, Zcash's total network mining activity has grown over 2.5 times this year, creating a positive cycle of "price increase—mining growth—network security enhancement—price support." Pandl believes that at current valuations, Zcash mining remains attractive and continues to strengthen its network security.
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