Zcash Surges to Eight-Year High Amid ETF Launch and DeFi Boost

Zcash has reached an eight-year high in price, driven by the launch of a spot Zcash ETF on NYSE Arca and native DeFi support from THORChain.

The ETF, which began trading on August 25th under the ticker ZCSH, is the first regulated access point for institutional money, while THORChain's upgrade allows users to swap ZEC directly with Bitcoin, Ethereum, and stablecoins without wrapped tokens.

For miners, this price move creates a temporary window of favourable economics, as existing machines earn proportionally more revenue. However, the advantage is eroded as hash power catches up to the increased demand.

The real challenge for Zcash miners lies not in hardware, but in finding facilities that will plug in their Equihash ASICs. OneMiners stands out by listing 17 Zcash miner models and offering detailed economics breakdowns, including a guide to Zcash mining in 2026.