Anyone going to mine or buy zcash when it comes out? I am

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Anonymous
2016-10-07 18:12:39 Post No. 1550424
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Anonymous 2016-10-07 18:12:39 Post No. 1550424 [Report]

Anyone going to mine or buy zcash when it comes out?

I am aware of the broken trust system they set up ( https://blog.okturtles.com/2016/03/the-zcash-catch/ ) and don't really believe the coin will be a long term success (monero already does what zcash is supposed to and was implemented by the relevant markets first), but all the silicon valley hype around it will assuredly provide an opportunity to make some money.

One interesting aspect about the coin is that its hashing algorithm is memory-hard, which should mean that you could mine it anywhere (cheap ARM) provided you have a certain amount of memory. I have $200 in aws promo credits, does anyone with more technical experience know what the optimal way to spend them would be, given the algo specifications ( https://forum.z.cash/t/final-zcash-mining-specifications/355 )? Reward peaks after 30 days so theres plenty of time to prepare.

Anonymous 2016-10-07 18:43:12 Post No.1550485
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Anonymous 2016-10-07 18:43:12 Post No.1550485 [Report]

I recently bought a contract with genesis-mining for about 2BTC.

It is currently valued at $87 a piece. I am not sure how succesful it will be though.

Anonymous 2016-10-07 18:49:42 Post No.1550505
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Anonymous 2016-10-07 18:49:42 Post No.1550505 [Report]

When can we start mining? On 28th or before?

Anonymous 2016-10-07 19:02:40 Post No.1550534
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Anonymous 2016-10-07 19:02:40 Post No.1550534 [Report]

>>1550505
no premine also slow start, reward starts at 0, check the specifications

Anonymous 2016-10-07 19:58:01 Post No.1550641
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Anonymous 2016-10-07 19:58:01 Post No.1550641 [Report]

>>1550534
> check the specifications
no I'm lazy.

Will it be easy to use? I think ethereum with the whole geth and eth stuff is a bit too complicated for the regular folks.

Anonymous 2016-10-07 20:08:07 Post No.1550665
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Anonymous 2016-10-07 20:08:07 Post No.1550665 [Report]

>>1550424
Can we all just agree to be quiet about zcash mining. The fewer people that know about it or do it the more profitable it will be so, OP delete this thread and let us not mention zcash mining in any form especially on 4chan until well after the day of the launch of zcash.

Anonymous 2016-10-08 05:47:48 Post No.1551638
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Anonymous 2016-10-08 05:47:48 Post No.1551638 [Report]

>>1550485

Oh fuck, why would you make a contract? Pull your BTC out and buy mining on demand!
Saw an ad on this board couple of months ago and I found nicehash 10 times more useful. Currently buying ETH, but if they decide to imeplement Zcash, this would be a win.
Oh fucking contract man, don't do that shit to yourself.

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