Looking at the recent market surge of ZEC, the enthusiasm of newcomers entering the scene is really high. But I have to be honest, after mixing in this circle for so many years, I've seen this kind of routine too many times. Basically, it's old wine in new bottles; once the hype passes, the true nature is revealed.

Recently, I saw someone hyping the 2020 Z15 equipment, claiming it produces nearly 200 yuan per day, and now it's being driven up to 30,000 yuan per unit. I couldn't help but laugh at this logic. Packaging outdated hardware as a "treasure," touting it as a "money printer," and then using this news to stimulate the coin price to rise, leaving a bunch of bagholders at the top. This trick has played out over and over again in the crypto circle.

Looking back at history, it's clear. The 2020 M30 series was once hyped to absurd prices, but when the market turned, these machines became scrap sold by weight. The current Z15 is following the same path—eight-year-old hardware, with hash power efficiency long gone. Serious scrap yards only buy stuff for around 30 yuan, yet now it's being hyped to 30,000. How big does this bubble have to be to support that?

Someone calculated that the new ZEC mining machine costs 300,000 yuan per unit, with a daily output of 3,000 yuan. If this number is accurate, the pattern of market fluctuations is obvious—how many days can such ultra-high output last? You all saw the madness of KAS in 2022; the disastrous outcome is right in front of us. Enter early, and be cautious when taking over positions—these words are not empty talk.