I invested in ZEC mining because it is like Fuling Zhacai

It is currently January 11, 2021. Current Bitcoin price BTC Bitcoin - 230,000 yuan ETH Ethereum - 7,131 yuan
ZEC - 559 yuan If you invest in ETH mining equipment, the cost will be much higher due to the price of the currency. For example: the price of Ethereum mining graphics card 1660S (6G) has risen from 1,300 yuan in June to 2,600 yuan at present. The cost of mining equipment has doubled, and the damage of the graphics card and the payback period will also be longer.

The difficulty of Bitcoin will also increase by 10%-12% after 12 days. When the price of machines doubles, investing again in mining to recover the investment is no longer as good as buying and speculating on coins directly.

At this time, I paid attention to a potential coin - ZEC

This coin has the smallest market value among the current Grayscale holdings (market value of 4.8 billion - ranked 44th)

ZEC belongs to the concept of anonymous coins. The main anonymous coins are DASH, XMR, ZEC, ZEN

Everyone knows that Grayscale Fund is a well-known investment institution in the cryptocurrency circle. The fund has become a model of value investment in the cryptocurrency circle due to its success in investing in virtual currency assets last year.

Currently, the fund holds a large amount of BTC, ETH, ETC, BCH, LTC, ZEC, ZEN, XLM

A few days ago, Grayscale increased its holdings of BCH and XLM, causing the currency to increase by 30% in one day.

Grayscale CEO said on Twitter yesterday evening, January 10, 2021, that he is optimistic about the anonymous coin market and that they will continue to pay attention to anonymous coins.

Among Grayscale’s holdings, there are only two anonymous coins: ZEC and ZEN.

Grayscale holds 215,600 ZEC. Recently, it has increased its holdings by 20,000. This coin is not in circulation because it has not been fully mined.

The cost of mining ZEC at this position is not high, and the room for appreciation is relatively large. Grayscale has recently felt that it cannot invest in coins with large value and large volume due to the lawsuit between XRP and the SEC (U.S. Securities and Exchange Commission). Therefore, the CEO is more concerned about coins like ZEC, which have a constant number of coins and greater room for appreciation.

The mainstream mining machine for mining ZEC can be found in the Caiyun Mall, such as the Antminer Z15 . The following is the current revenue situation

Currently, this machine is the latest ZEC mining machine, accounting for 14% of electricity, with a daily net profit of 75 yuan and a power consumption of 12.68 yuan (calculated at 0.38 yuan for electricity).

I think if we regard Grayscale Investment’s coin as China’s SSE 50

Then Moutai is definitely BTC. Wuliangye is definitely ETH

As a small-cap company, ZEC is more like Fuling Zhacai

Currently, Fuling Zhacai is the smallest blue chip stock in the Shanghai Composite 50, and its growth and returns are also considerable.

When trading cryptocurrencies or mining, you must choose coins held by powerful institutions.

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