Zcash Edges Lower as Cypherpunk Executive Compares Mining Profitability
Cypherpunk CIO Will said Zcash mining was more profitable than mining Bitcoin or hosting AI. The headline also cites $10,000 potential, but the supplied body does not provide details.
Zcash (ZEC) slipped on Monday as Winklevoss-backed Cypherpunk Technologies (CYPH) Chief Investment Officer (CIO) Will… said mining the privacy token was far more profitable than mining Bitcoin (BTC) or hosting AI. Zcash mining generated about $1,000 per megawatt hour.