ZcashZecZcash
ZEC$1,458.96 6.69%
24h High$1,526.56
24h Low$1,342.43
24h Vol$2.17B
Market Cap$24.7B
Rank#9
ZEC$1,458.96 6.69%
24h High$1,526.56
24h Low$1,342.43
24h Vol$2.17B
Market Cap$24.7B
Rank#9
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Equihash

Zcash's memory-hard Proof-of-Work mining algorithm, designed to slow specialized-hardware dominance of mining.

Equihash is the specific Proof-of-Work algorithm Zcash has used since its 2016 launch. It's "memory-hard" — solving it efficiently requires large amounts of fast memory, not just raw processing speed — which was intended to keep mining accessible to ordinary GPUs for longer than a compute-only algorithm would.

That worked only for a while. Equihash-specific ASIC hardware has existed for several years now, and competitive mining today generally runs on that specialized hardware rather than GPUs.

Explained in context: How Zcash Mining Works

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