Zcash Is Leaving Bitcoin In The Dust As ZEC Surges To 9-Year High With Miners Cashing In
Grayscale’s Zcash ETP attracted $179 million in 11 trading days with its total asset under management reaching nearly $700 million, supporting Zcash’s surge. Zcash gained 14% this week to a nine-year high of $1,155, outpacing Bitcoin’s one-week gain. Grayscale said Zcash mining is four-times more lucrative than Bitcoin per megawatt-hour, driving ZEC mining. ZEC has … Read more