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BitcoinZ (BTCZ) - Mining Opportunity

Today I want to write about BitcoinZ (BTCZ) which was released and launched in September 2017.
BTCZ saw a fair lunch with no ICO, no pre-mine, no fixed Dev Fee.

The announcement post can be found here: https://bitcointalk.org/index.php?topic=2166510.0
Before getting into details - the most remarkable property of BTCZ is the decentralisation and community effort!

There is no Main Webpage but you can find the White paper here: https://bitcoinz.global/media/Community_Paper_Final.pdf

Summary of the main characteristics:
  • Proof of Work (POW) -> Equihash Algorithm (same as ZEC, ZEN, BTG)
  • 21 Billion coins
  • Currently 12500 coins every 2.5 minutes
  • Block Halving after 4 years similar to BTC
  • Privacy of ZEC

BTCZ is heavily community driven - there are many mining pools with a low fee that is donating to the community wallet. The wallet currently has a balance of 2.5 M coins.
https://btczexplorer.blockhub.info/address/t1fHHnAXxoPWGY77sG5Zw2sFfGUTpW6BcSZ

The funds in the wallet are solemnly used to cover infrastructure costs and for marketing. Pool operators host attractive events like Giveaway actions to keep the hash rate decentralised.

Currently 1 BTCZ is worth 17 Satoshi which still makes it one of the most attractive coins to mine with the current Nethash and difficulty. Let us take a look at the price evaluation since its launch:


After a quite start the BTCZ saw huge gains, it's value went to 0.012$ respectively over 200 Sat in November. Right now the value is stable and back to the lunch value.
To gain positive momentum BTCZ should not fall below these levels; right now BTCZ needs to be rated as neutral when it comes to the chart picture.

What can increase the future value of BTCZ?
Listing on a more reputable Exchange would certainly boost the price of BTCZ as it attracts more potential investors.
A good marketing campaign would also be beneficial (the DEV Team is working on it and launched already some of them).

The most valuable asset is certainly a stable core team as well as continued progress. The strong community supporting new initiatives is also a big asset!

I will revisit the technical analysis by the end of the month and Edit this post.




If you appreciated my article feel free to support my work with a small donation - or better just donate some BTCZ to the Dev Wallet mentioned above!

ETH: 0x8f08712c8676a639e05E31f8fB033b6C0a1A22A8
BTC: 1Lhc8G6inSZju8mhufniQtzE9rLwcLz68U

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