Home / Crypto News / Zcash's hash rate shows a surge of over 40% while the cause is unknown

Zcash's hash rate shows a surge of over 40% while the cause is unknown

Three points of this article!

  • Zcash’s hash rate shows a rise of more than 40%
  • The cause of the rapid rise in hash rate is still unknown
  • Influence of entry of ASIC and mining industry

Article Source: Zcash Mining Mysteriously Spikes Despite Low Profitability

The hash rate of Zcash showed a rapid rise of unknown cause .

Zcash ‘s hash rate showed a surge of more than 40% since December 10, with unknown cause.

According to information of BitInfoCharts, Zcash ‘s Difficulty (Mining Difficulty) increased by 42% from 2.1 GH / s to 3 GH / s from 10th December to 18th December.

Although the cause of this hash rate rise has not yet been specified, according to CryptoSlate, this rise in hash rate implies an increase in mining by more advanced ASIC and entry of a huge mining industry It is said to be.


I wonder what exactly was the cause ,,,

Author: Daichi – Source Post: https://crypto-times.jp/zcash_hashrate/

Disclaimer: CoinNewsDesk.com is a crypto news portal, financial discussion forum, and content curator / aggregator. Articles on Coin News Desk are provided for informational purposes only. We are not an investment advisor and do not provide financial advice.

It’s also important to it properly to diligence and analysis, including consulting a professional financial advisor, No content on Coin News Desk makes up a recommendation to enter in any type of investment or to engage in any investment strategy present on this website.

About Coin News Desk Team