Zcash Mining Became More Profitable Amid ZEC’s Rise

• Zcash mining has become four times more profitable than bitcoin.
• Network activity has also increased by 2.5 times amid the cryptocurrency’s price rally.
• At the same time, bitcoin miners’ total daily rewards are about $35 million, while for Zcash this figure is about $2 million.

Zcash (ZEC) cryptocurrency mining is rapidly gaining momentum amid a sharp rise in the asset’s price. According to Zachary Pendle, head of research at Grayscale, Zcash miner rewards are roughly twice as high as those of bitcoin miners per mining rig, and about four times higher per megawatt-hour. This is driving an increase in the network’s computing power and, in turn, strengthening its security.

Zcash Ramps Up Mining Activity

Zcash is a cryptocurrency built on principles similar to Bitcoin, but with additional privacy features. Both networks use the Proof-of-Work (PoW) algorithm, under which miners perform computations to earn rewards and confirm new blocks.

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According to Grayscale:

• Bitcoin miners’ total rewards are about $35 million per day, while for Zcash they are about $2 million
• At the same time, the reward per mining rig on Zcash is roughly twice as high
• When calculated per megawatt-hour, Zcash mining profitability is about four times higher than bitcoin’s
• Overall Zcash mining activity has increased by more than 2.5 times since the start of the year

“Due to strong token price performance, Zcash mining has become highly profitable, which in turn encourages more mining activity and reinforces network security,” Pendle noted.

The rise in profitability is primarily tied to ZEC’s price action. In September, the coin’s price surpassed $1,000, and its market capitalization reached $17 billion, allowing Zcash to enter the top 10 cryptocurrencies by this metric. At the time of writing, the asset is trading at $1,138, rounding out the top 10 crypto ranking, with a market cap of more than $19 billion, according to CoinMarketCap.

Heightened market attention toward Zcash intensified after the launch of the first spot ETF based on ZEC. On August 25, 2026, trading began on NYSE Arca for shares of The Zcash ETF (ZCSH) from Grayscale Investments.

Another key milestone for the network was the July Ironwood upgrade. The hard fork was intended to fully eliminate a vulnerability in the Orchard pool by creating a new shielded pool for transferring funds, and to provide users with proof that no one had exploited the vulnerability.

Сообщение Zcash Mining Became More Profitable Amid ZEC’s Rise появились сначала на INCRYPTED.