π¨ GREAT NEWS FOR ZECMINER
We have secured a permanent 10% discount on all future business hashrate orders.
That means every dollar allocated to mining now buys more power, extends the operation further and improves our efficiency over the long term.
Lower costs. More hashrate. Better odds. βοΈπ¨
β‘ New deposits are pending on NiceHash and another hashrate provider.
More mining power is coming online as we continue scaling ZECMINER and bringing more eyes to the experiment.
We are already the #1 miner in the pool. Once the wider Zcash community notices what is being built here, everything changes. βοΈπ¨
π ZECMINER just jumped from #24 to #16 on DEX Screener.
We plan to add more boosts alongside every new hashrate order, growing the mining operation and project visibility together.
More power. More eyes. More blocks. βοΈπ¨
https://t.co/BmWD9bXxIP
π To celebrate ZECMINER mining its second Zcash block, we just secured another boost pack.
We are already ranked #24 on DEX Screener. Now letβs push even higher.
The #1 miner in the pool deserves the #1 spot on DEX Screener. πβοΈπ¨
GOOD NEWS AND GREAT NEWS! π¨
β Good news: our first Zcash block has officially been paid out, and the promised $ZECMINER buyback has already been executed.
π Great news: WE JUST MINED BLOCK #2!!!!!!!!!!
The system works. The operation is growing. Now we keep mining.
What @efexeth said makes sense. Since ZECMINER is community-led, the community should decide how every reward from block #2 onward is allocated.
The first block remains a 100% buyback and burn, exactly as promised.
From block #2 onward, which model should we use?
βοΈ 70% hashrate / 30% buyback
π 30% hashrate / 70% buyback
We will follow the result and adjust through future community votes as mining conditions change.
This is actually a great idea and a much healthier model for the long-term growth of ZECMINER.
However, we promised that the full reward from our first block would fund a buyback and burn. We will honour that commitment as soon as the block matures and the pool pays it.
Afterward, we plan to introduce a 70/30 allocation:
π 70% for buybacks and burns
βοΈ 30% reinvested into additional hashrate along with the fees generated from trading
The ratio can be adjusted transparently as mining profitability, network difficulty and operating costs change. This allows every block to support the chart while also making the operation stronger.
@ZECminerRH my ideas only;
dunno if you are legit but IF you are, consider compounding hashrate rather than doing meaningless full buybacks that will go to waste. or maybe a weighted mechanism around 70/30 or similar. zcash is meaningfully profitable now, so you might have a chance.
π¨ THE FIRST ZCASH BLOCK HAS BEEN MINED! π
Next, the block must mature before the reward is paid.
Once confirmed, the payout will automatically appear on our public pool page:
https://t.co/VMfHkrvcQF
As soon as the funds reach the dev wallet, the automated $ZECMINER buyback and burn will fire.
History is being written. Now we hunt for block number two. βοΈπ¨
β NiceHash KYC completed.
We are now negotiating an improved business deal for Zcash hashrate, allowing ZECMINER to secure more mining power at better prices and run the operation more efficiently.
A lot is happening behind the scenes while we continue hunting for the next block. βοΈπ¨
ZECMINER launched just one hour ago. Here is what we have achieved so far:
π Became the #1 miner in the entire Zcash SOLO pool by far
β‘ Scaled from roughly 10 MS/s to a peak of 188.02 MS/s
βοΈ Added a 100 MS/s NiceHash business order
π§ Rented 43 more rigs from a second provider
β Paid for DEX Screener and additional boosts
π Made the entire mining operation publicly verifiable
Now we hunt for the first Zcash block.
Once mined, it is expected to trigger an approximately $1,800 automated buyback and burn.
One hour in. Just getting started. π¨
π Higher highs.
ZECMINER has now reached 188.02 MS/s, setting another new hashrate peak.
The mining power keeps growing, the odds keep improving, and the first Zcash block gets closer with every share.
Just a matter of time. βοΈπ¨
While we hunt for our first Zcash block, weβve secured additional boosts to bring more eyes to ZECMINER. π¨
Once the block is mined, it will automatically trigger an estimated $1,800 buyback and burn. Seeing the full system work publicly should build serious trust.
The early adopters are here before the proof. βοΈ
βοΈ Another major hashrate boost secured.
We just rented 43 additional Equihash rigs from a second provider, currently delivering 22.03 MS/s on top of the 100 MS/s NiceHash order.
This extra push brings us even closer to capturing our first Zcash block. π¨
β‘ The NiceHash order is live.
ZECMINER has surged from roughly 10 MS/s to 136.54 MS/s more than a 13Γ increase in hashrate.
The chart just went vertical. Our odds of capturing the first Zcash block have never been stronger. βοΈπ¨
β‘ NiceHash business order placed.
An additional 100 MS/s is being added on top of our existing hashrate thanks to @NiceHashMining
At this pace, we estimate that our first Zcash block could arrive within the next hour, potentially much sooner.
The hunt just got serious. βοΈπ¨
β‘ Major hashrate increase incoming.
Within approximately 10 minutes, ZECMINERβs mining speed is expected to climb from 10 MS/s to around 100 MS/s.
Thatβs a 10Γ increase in power and a serious improvement to our odds of capturing the first Zcash block. βοΈπ¨
β DEX Screener has been paid and ZECMINER is now live on DEX.
More visibility is coming as we continue scaling the mining operation and pushing toward our first Zcash block. βοΈπ¨
View the chart:
https://t.co/BmWD9bXxIP
The ZECMINER operation is shifting into a higher gear. βοΈ
Hashpower is expected to increase by approximately 10Γ from here, while we also secure DEX visibility and boosts to bring more eyes to the project.
More miners. More exposure. Better odds of capturing our first Zcash block. π¨
βοΈ The ZECMINER fleet just got stronger.
18 Equihash rigs are now rented, pushing an additional 9.58 MS/s with the 5-minute average already reaching 10.75 MS/s.
More hashrate. Better odds. The hunt for our first Zcash block continues. π¨
π Weβre already the #2 miner in the entire Zcash SOLO pool.
ZECMINER is just getting started and more hashrate will be added as fees are generated.
Next target: #1. βοΈπ¨
Track us live:
https://t.co/ingk6DOJK2