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Facts of Zcash Issuance

Learn about the facts and distribution of Zcash issuance, including daily and annual ZEC distribution among miners, grants, Electric Coin Company, and Zcash Foundation. Explore dollar values at different ZEC prices. Emissions will be halved in Novemb

February 1, 2024· 2 min read
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Please check my facts here and I'll correct if there is anything wrong!

Currently, 3.125 ZEC are emitted per block with a target block time of 75 seconds. This equates to 3600 ZEC issued per day.

Here's a table showing the distribution of the 3600 ZEC issued per day among miners, Zcash Community Grants (ZCG), Electric Coin Company (ECC), and the Zcash Foundation (ZF), based on the respective percentages:

Recipient Percentage ZEC per Day
Miners 80% 2880 ZEC
ZCG 8% 288 ZEC
ECC 7% 252 ZEC
ZF 5% 180 ZEC

These figures are calculated from a total daily issuance of 3600 ZEC.

I'm estadounidense (American); so, let's get some perspective by thinking about what this would be in US dollars at different prices.

Here's a table showing the daily dollar distribution for each recipient, assuming ZEC prices of $20 and $100:

Recipient $/Day at $20 $/Day at $100
Miners $57,600 $288,000
ZCG $5,760 $28,800
ECC $5,040 $25,200
ZF $3,600 $18,000

This table represents the daily dollar values distributed to miners, ZCG, ECC, and ZF based on the total daily issuance of 3600 ZEC and the given ZEC prices.

Here's a table showing the annual ZEC distribution to each recipient, along with the corresponding dollar values at ZEC prices of $20 and $100:

Recipient ZEC/Year $/Year at $20 $/Year at $100
Miners 1,051,200 $21,024,000 $105,120,000
ZCG 105,120 $2,102,400 $10,512,000
ECC 91,980 $1,839,600 $9,198,000
ZF 65,700 $1,314,000 $6,570,000

These figures represent the annual distribution of ZEC and its equivalent value in dollars, based on the total daily issuance of 3600 ZEC and its potential market prices.

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Note that the emissions will be cut in half at block 2726400, currently estimated to occur on November 21, 2024.

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