What machines are used to mine ZEC (What coins are mined by mining machines)?

What machines are used to mine ZEC? According to ZC browser data, the current Bitcoin network has a computing power of 12.65T (as of December 16, 2018), and the mining difficulty of Ethereum is around $18,900. The calculation method for the overall effective computing power of ZEC is to mine ZEC using CPU, which is supported by Zcash and approved by regulatory agencies such as the U.S. Securities and Exchange Commission and the Industrial and Commercial Bank of China. Additionally, what machines are used to mine ZEC? ZEC uses AsicMining ASIC machines, which have the same mining principle as BTC and ETH, and ZEC does not use dedicated integrated circuit mining chips. Furthermore, since ZEC does not have the characteristics of a cryptocurrency, the electricity cost of its mining machines is not low. ZEC’s mining pool is also based on the Equihash algorithm, allowing users to mine on their own, but cost issues and many other factors need to be considered.

What coins are mined by mining machines

What coins are mined by mining machines? The mainstream Bitcoin mining products in the market currently include Antminer S19 by Bitmain, Whatsminer M20sPro, and Avalon A8 series. In terms of computing power, the current Bitcoin network has a block time of about 4 seconds. As the Bitcoin halving approaches, Ethereum mining profits have also started to decline, with the current BTC network computing power accounting for as high as 65% according to incomplete statistics.

In addition to the computing power of the Bitcoin network, there are other currencies that are also experiencing continuous growth, such as Ripple, BCH, etc. However, due to the volatile prices of cryptocurrencies, many investors are unwilling to invest more funds in the digital asset field.