ZCash or ZEC is a privacy-oriented cryptocurrency that uses zero-knowledge proofs or zk-snarks to safely encrypt all the information between users. Still the transactions are verifiable by Zcash mining protocol called Equihash that ensures no double-spending takes place.
Zcash is the 21th top rated cryptocurrency with a $990 million market capitalization and high trading volume of $50 millions a day with the peaks up to $250-300 millions.
Equihash is a hashing algorithm that is an asymmetric memory-hard PoW algorithm based on the generalized birthday problem. It relies on high requirements to RAM memory to keep Zcash mining ASIC-resistant.
World hash rate
Pool hash rate
Blocks mined (total)
Last Block Found
Exchange rate (avg. price)
1 ZEC = 0.01413386
Advantages for miners
An option for simultaneous GPU & CPU mining
Predictable coin value inflation due to limited emission
Сompatible with the most current generation GPU hardware
ZEC is less sensitive for VRAM amount (unlike Ethereum)
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