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Equihash PoW Mining Algorithm – List of all Equihash Coins

While AMD graphic cards are good at mining Ethash coins, NVIDIA cards are good at mining Equihash and NeoScrypt  coins. They are simply better at mining algorithm’s such as Equihash, NeoScrypt, Xevan, lyra2v2 and Tribus. Its proven that NVIDIA cards run solid and provides stable return in these algo’s. If you own a decent NVIDIA graphic card (7, 9 or 10 series) then look for coins that uses these algorithm’s. So far we’ve listed NeoScrypt coins and Xevan Coins. Here in this post we’re going to list all coins that are powered by Equihash mining algorithm. Using this list and with the help of mining calculator you can pick the most profitable Equihash coin to mine. Before listing all Equihash coins we’ll see what is Equihash and the benefits of Equihash algorithm.

What is Equihash?

Equihash is a Proof-of-Work mining algorithm designed by Alex Biryukov and Dmitry Khovratovich. Equihash is based on the generalized birthday problem (A computer science and cryptography concept) and enhanced Wagner’s algorithm. From former ZCash to recent Bitcoin Private most of the popular crypto currencies are seem to be using Equihash mining algorithm, why is that?

Benefits of Equihash Algorithm: Equihash is ASIC resistant and this proof of work algorithm is purely memory oriented. It means the amount of mining relies on how much memory your hardware have. Due to its memory intensive nature it’s really hard to build a cost effective specialized hardware chips. This algorithm is optimized and its more efficient; which can be mined using standard PCs that has more RAM power. Following are the list of coins on Equihash.

Equihash Coins list

  • Bitcoin Gold (BTG)
  • ZCash (ZEC)
  • Bitcoin Private (BTCP)
  • Komodo (KMD)
  • ZenCash (ZEN)
  • ZClassic (ZCL)
  • BitcoinZ (BTCZ)
  • Hush (HUSH)
  • Zero (ZER)
  • Bitgem (BTG)
  • Zelcash (ZEL)

1. Bitcoin Gold – BTG

Bitcoin Gold

Bitcoin Gold is a fork of Bitcoin and except its PoW all of its specs are similar to Bitcoin. The main purpose of Bitcoin Gold is to bring decentralized mining again since in Bitcoin the mining is almost dominated by a very small number of entities. Bitcoin Gold is a free open source software project that is built by volunteer developers and supported by a rapidly growing community of Bitcoin enthusiasts.

Announcement: Bitcoin Gold Bitcointalk

Website: https://bitcoingold.org/

Max Supply: 21 Million

Block Time: 10 Minutes

Coin Type: PoW

Algorithm: Equihash

Difficulty Adjustment: Every Block

Segwit: Yes


2. ZCash – ZEC

zcash

ZCash is a decentralized open source crypto currency that offers privacy and selective transparency of transactions. In ZCash while the payment details are published on public blockchain, the sender, recipient and the amount info remains private. ZCash is a peer to peer crypto currency based on Bitcoin Core. It uses zero-knowledge proofs for privacy and Equihash for mining.

Announcement: ZCash Bitcointalk

Website: https://z.cash/

Max Supply: 21 Million

Block Time: 2.5 Minutes

Coin Type: PoW

Algorithm: Equihash

Block Reward: 12.5 ZEC


3. Bitcoin Private – BTCP

Bitcoin Private

Bitcoin Private is a new peer to peer and decentralized crypto currency similar to Bitcoin. Its forked and it uses the same privacy technology as ZClassic (zk-snarks). Bitcoin Private is a fast, open source, privacy and community-driven coin which is a co-fork of Bitcoin and ZClassic.

Announcement: Bitcoin Private Bitcointalk

Website: https://btcprivate.org/

Max Supply: 21 Million

Block Time: 2.5 Minutes

Coin Type: PoW

Privacy Protocol: zk-SNARKs

Algorithm: Equihash

Block Reward: 1.5625 BTCP

Block Halving: 210,000 blocks


4. Komodo – KMD

komodo

Komodo is more than just a coin. It is Money, It is Fuel and it is Gateway. It’s a platform that offers tokenization mechanism, and zero knowledge proofs. Komodo is a end-to-end blockchain solutionsprovider empowering developers to build freely and participate in creating the largest open blockchain network.

Announcement: Komodo Bitcointalk

Website: https://komodoplatform.com/

Max Supply: 200 Million

Block Time: 30 Seconds

Coin Type: PoW / PoS

Algorithm: Equihash

Block Reward: 3 KMD

Classification: Platform


5. ZenCash – ZEN

zencash

ZenCash is a platform designed for private communications and private economic activity. Cutting-edge cryptography and zero knowledge proofs enable fully anonymous peer to peer communications with ZenCash. ZenCash’s distributed and encrypted networking design is resistant to traffic correlation and metadata analysis.

Announcement: ZenCash Bitcointalk

Website: https://zencash.com

Max Supply: 21 Million

Block Time: 2.5 Minutes

Coin Type: PoW

Algorithm: Equihash

Block Reward: 12.5 ZEN

Reward Halving: Every ~4 years, as per Bitcoin


6. ZClassic – ZCL

zclassic

ZClassic is a fork of Zcash with minimal changes except for 2 major things. 20% Founders Reward and slow start by ZCash is removed. ZClassic is an open source decentralized cryptocurrency that is completely focused on privacy. Now it looks like this project has been dropped since the developers of ZClassic are focusing on developing Bitcoin Private.

Announcement: ZClassic Bitcointalk

Website: https://zclassic.org/

Max Supply: 21 Million ZCL

Block Time: 2.5 Minutes

Coin Type: PoW

Difficulty adjustment algorithm: Digishield V3

Algorithm: Equihash

Block Reward: 12.5 ZCL

Reward Halving: Every 4 years (same as Bitcoin and ZCash).


7. BitcoinZ – BTCZ

BitcoinZ

BitcoinZ is a fully decentralized network that offers decentralized mining and anonymous transactions. It’s a proof-of-work only mineable coin that is totally community driven with no pre-mine or ICO.

Announcement: BitcoinZ Bitcointalk

Website: https://btcz.rocks/

Max Supply: 21 Billion

Block Time: 2.5 Minutes

Coin Type: PoW

Algorithm: Equihash

Block Reward:12,500 BTCZ


8. Hush – HUSH

hush coin

Hush is a private crypto currency and messenger on zero knowledge proof encryption. It offers high standard of privacy preserving confidentiality of transaction metadata. Hush also has private messaging feature for pseudonymous and anonymous communications

Announcement: Hush Bitcointalk

Website: https://myhush.org/

Max Supply:  21,000,000 HUSH

Block Time: 2.5 Minutes

Coin Type: PoW

Algorithm: Equihash

Block Reward:12.5 HUSH

Difficulty Adjustment: Every block, Digishield V3


9. Zero – ZER

Zero Cryptocurrency

ZERO is fork of Zcash. It has security of Bitcoin, privacy of Zcash and few other improvements. Zero was created by zero currency as a means to improve Zcash features. ZERO includes the best privacy and anonymity technology available today.

Announcement: Zero Bitcointalk

Website: https://zero-currency.com/

Inflation: There is a stable supply of 7200 zero per day.

Coin Type: PoW

Algorithm: Equihash

Block Size: 4 MB


10. Bitgem – BTG

Bitgem

The BTG wallet allows you to create colored gems with various characteristics and qualities. These new gems can easily be created in the wallet and the new gems can be sent to other BTG users. There are four broad types of gems you can create, Diamonds, Rubies, Saphires and Emeralds.

Note: Looks like this project is dead so before mining DYOR.

Announcement: Bitgem Bitcointalk

Total Supply: 21000000

Coin Type: PoW

Algorithm: Equihash


11. Zelcash – ZEL

 

Zelcash

Zelcash is a complete privacy and anonymous crypto currency that uses zkSNARKs technology. It is a cross-chain decentralized development platform that uses Equihash and Ethash blockchains.

Announcement: Zelcash Bitcointalk

Total Supply: 210,000,000 ZEL

Block Time: 2 Minutes

Coin Type: PoW / PoS

Algorithm: Cross-chain, Equihash (POW-mineable) and Ethash (POS for DAPPS)

Block Reward: 150 ZEL (halving every two years)


As usual we’ll update this listing when we find a coin that is based on Equihash. If know any new coins then please do mention it in comments section.

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We are crypto enthusiasts and our main intention with Coin Guides is to educate people about Cryptocurrency and Blockchain technology. We regularly publish content about Bitcoin, Ethereum, Altcoins, wallet guides, mining tutorials and trading tips.

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2 thoughts on “Equihash PoW Mining Algorithm – List of all Equihash Coins”

  1. Keep up the good work educating people on Blockchain, Cryptocurrencies & Decentralized Mining! Things move fast in the crypto space, so after reading just had to let your audience know of the latest update on Equihash POW. Just in the last few weeks we’ve seen a lot happen in GPU mining, ASIC-product-launches & ASIC-resistance. Bitmain unveiled their Equihash ASIC to the public, validating rumours and thus indicating that Equihash-ASICs have been mining various blockchains for quite some time now. USD$1999 (ship 20-30 june) and it does 10,000 Sol (10ks/s), that’s the equivalent of 15 x 1080tis using less than a tenth of the power. Bitmain has been known to secretly mine with secret unpublicized ASICs before announcing their existence, presale price and long before shipping. GPUs are far less risky and help keep things decentralized. The general public still wont have their hands on them til June 20-30, which makes them a potentially risky investment.

    When it happened to the ‘proper’ privacy coins, the leaders showed their ‘no compromise’ status, many Cryptonight POW coins hardforked last month to render those ASICS unusable. This separated the classes into lame and “game on”, with Sumokoin and Monero earning their stripes, showcasing the utmost competency in blockchain/mining tech, holding strong in the fight against centralized ASIC POW advantages that lead to power and wealth centralization. Based on network hashrates it’s estimated Bitmain’s secret Cryptonight ASICs were mining 50% of Monero’s hashrate before the hard fork.

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