Zcash Is Only 1% of Bitcoin’s Market Cap, but Its Volatility Is More Than 3 Times Higher

Zcash has been on an absolute tear. The privacy-focused cryptocurrency rose over 142% in the past month alone and reached $1,236. Grayscale Head of Research Zach Pandl believes that its smaller market capitalization and significantly higher price volatility compared with Bitcoin could make options an especially useful tool for investors seeking risk management or alternative…

Nearly a fifth of all Bitcoin mining power is sitting completely dark, and turning it back on could trigger a brutal margin trap

Mining services firm Luxor estimates that about 235 exahashes per second (EH/s) of capacity in specialized Bitcoin mining machines is sitting idle. Its Sept. 8 report puts that equipment in several categories: machines that are uneconomic, deliberately curtailed, in transit, or under maintenance. Their different reasons for switching off make a rebound in hashrate an…