We see very quickly the reasons why graphic cards from Ethereum and Zcash mining appear in the market, but the reasons are simple: lack of knowledge of the market, problems in mining and intrusion.

There is a very important paradox at the moment within the world of mining and that is that many miners are being dismantled, just at the same time that miners with graphics cards are being activated in China. Ethereum and Zcash are what is called ASIC Resistant or what is the same, they cannot be mined with Bitcoin ASICs, therefore, Bitcoin machines do not work for Zcash and Ethereum, it can only be with graphics. Thus, it is clear that the dismantled miners in Europe have other reasons and not only the fall in the price of these cryptocurrencies.

CHINA ACTIVATES ZCASH MINERS MASSIVELY IN THE FACE OF A POSSIBLE BITCOIN BREAKAGE

LACK OF MARKET KNOWLEDGE

Many jumped in to buy miners when Ethereum and Zcash were skyrocketing, just as it was rising to $ 150 and up to $ 300, because many saw a great opportunity to get rich. That was a mistake, since the only thing it caused, is the massive increase in the difficulty in mining. The fluctuations, when it reached the maximum and fell to $ 250 and you began to see a fluctuation in the markets, along with the rise in the difficulty, began to generate concern.

Now, the market is unstable due to Bitcoin's problems with the implementation of SegWit2x, which has caused a substantial drop in all cryptocurrencies. These fluctuations, for people without knowledge, causes that many investors who assembled mining equipment are disassembling their machines, although it should be noted that this is a mistake, because the market will be unstable until August 1, which will be when SegWit2x is implemented and therefore, whatever happens, all cryptocurrencies should rise significantly.

PROBLEMS IN MINING

Mining is not a practice for everyone, because it requires significant technical knowledge and correctly setting up a miner is complicated. It is not installing software based on next, next, next, far from it. You must have technical knowledge to know which files to modify in the mining software, configure the graphics cards correctly and modify the BIOS if necessary, configure the operating system so that it detects the graphics well, among others and of course, this It may seem easy, it has great complexity.

Many have put the machines to mine and have seen that they underperform, well below what many users say and that causes poor mining, a loss of money. The costs of electricity are another factor, since many have been surprised with bills that can reach five times their normal value. This has caused many to hastily sell everything mined and sell second-hand hardware, to recoup the entire investment or at least, that the losses are minimal. This is another of the factors why prices have fallen.

THE INTRUSISM

They have come out from under the stones means and people without sufficient technical knowledge to talk about mining and have caused people to invest wrongly. Many have been those who have spoken of the mining of Bitcoin with a graphic card, something that is absurd, since it would take a long time to get a Bitcoin with a graphic card and we would not have any profitability, due to energy expenditure. Experts have also come out who advised this or another component, without having the slightest idea of ​​what they were talking about and therefore, the performance has been very poor.

Media related to stock market speculators, with certain interests, attacking cryptocurrencies, speaking of an artificial bubble or the puncture of it, due to the collapse of values, when the reasons are a sum of complex factors, have not been long either. Misinformation, opportunists and hard-faced people have caused many to feel cheated or cheated, but this is like the hardware 'experts' who recommend Taliban power supplies or a Core i3 with a GTX 1080, which you later see that performs as it should, because it creates a huge bottleneck. The famous 'cuñaos', who claim to know everything and have no idea.

CONCLUSION

Right now, the last thing we would do would be to dismantle our miners, as the market, by all the data, would skyrocket on August 1, without question. If Bitcoin is divided into two currencies, Ethereum and Zcash multiply its value by five and at most by ten, therefore, it is time to mine hard, to get coins and make money. The clear example is China, which has activated many miners, when before the volume of Ethereum and Zcash miners was insignificant, since in China, for the price of electricity, it is profitable to mine Bitcoin.