Zcash Price Soars to Record High as Mining Profits Boom
Zcash (ZEC) saw its price surge to $979 on September 3, marking an intraday high and a significant gain of 88.1% over the past 30 days.
The spike in ZEC's price has led to a boom in mining profitability, with the network's hashrate operating at near all-time highs at 91% of its record.
The most profitable ASIC miner today is Bitmain's Z15 Pro, which can make an estimated $59.09 per day at current prices.