RE: ARB Zcash1 Aug 2020 16:47
if Arb mine 5 pc of zec supply as stated using this formula “ZEC cryptocurrency is based on the Proof of Work algorithm. This means that it is extracted in the same way as Bitcoin. By solving complicated mathematical calculations, the so-called miners who mine new blocks and maintain the network by charging additional fees for transaction approval. The average time to dig a new block is 2.5 minutes, and the current prize for miners is 12.5 ZEC. Like Bitcoin, ZCash is also subject to halving. The next one will take place on November 17, 2020 and will reduce the prize to 6.25 ZEC.” $750k a month at current $70 zec price .. not bad !