CoinScoopGrayscale: Zcash mining currently more profitable than Bitcoin
Grayscale Research Managing Director Zach Pandl stated that mining Zcash (ZEC) is significantly more profitable than Bitcoin (BTC) under current market conditions. Zcash utilizes a Proof-of-Work (PoW) consensus mechanism similar to Bitcoin, and Grayscale suggests that a positive feedback loop could potentially emerge for the asset.
Summaries are written by AI from the original article. Not investment advice.