The best algorithm for GPU mining
Since this peculiar crypto coin came out on October 28, 2016, Zcash and his algorithm equihash, would change the mining with GPU being a great advance in the use of computer components and graphics cards.
Zcash has a total fixed offer of 21 million units and as of today is only mined and over 2 Miillion ZEC in circulation.
Zcash was maintained at very good margins to work with no more worries than adding power with new GPUs, achieving good gains.
Zcash got a major boost recently when the Zcash Investment Trust was launched by the Grayscale Investments, LLC, a wholly-owned subsidiary of Digital Currency Group, Inc. This makes Zcash (ZEC) only the third digital currency to receive this backing by the trusted investment group after the Bitcoin Investment Trust and the Ethereum Classic Investment Trust.
The objective of the Trust is to have the shares to reflect the value of the ZEC, Zcash native cryptocurrency, held by the Trust. It will provide a convenient and cost-effective alternative way for investors to invest in Zcash.
Zcash was developed by researchers at Johns Hopkins University and the Massachusetts Institute of Technology in the United States and Tel Aviv University and the Technion-Israel Institute of Technology in Israel. Only five of the six people who developed the cryptography have been publicly identified.
It is based on a technology dubbed zk-Snark, which allows untraceable transactions. The resulting data are encrypted but users are free to identify themselves.
Zcash is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions. Zcash payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private.
Zcash is based on peer-reviewed cryptographic research, and built by a security-specialized engineering team on an open source platform based on Bitcoin Core’s battle-tested codebase. Our improvement over Bitcoin is the addition of privacy.