Grayscale Research Report: Zcash Mining Revenue Significantly Increased, Encouraging More Mining Activities
2026-09-11 22:21:44
According to CoinMeta, Wu said that a research report indicates that due to the strong performance of token prices, mining Zcash has become highly profitable, which in turn encourages more mining activities and enhances network security. Grayscale estimates that the daily mining reward for a single mining machine of Zcash is about twice that of Bitcoin, and about four times per megawatt-hour. However, these two types of mining machines are not interchangeable. Other sources also show that the current revenue per megawatt-hour from mining Zcash is higher than that of some AI/high-performance computing cloud services. Measured by standard computing power, the total mining activity of Zcash has increased by more than 2.5 times this year, creating a virtuous cycle where rising token prices drive mining activities, enhance network security, and may support further price increases.
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