Equihash is a memory-hard proof of work built on the generalised birthday problem, designed by Alex Biryukov and Dmitry Khovratovich and launched with Zcash in 2016. Its parameters set the memory it needs; chains on other parameter sets (Equihash 144,5, the BTG variant) run different hardware and are not counted here. ASICs for this set appeared in 2018.
Zcash is the only chain here with a hashrate a source publishes; the others show a blank rather than a guess.
| # | Asset | Hashrate | Share of algo | Block time | Paid to miners / day | Issuance / yr | Difficulty 24h | Market cap |
|---|---|---|---|---|---|---|---|---|
| 7 | ZcashZEC | 32 GH/s | 100% | 1.3 min | $1.6M | 3.1% | +24.7% | $19.5B |
| 79 | Pirate ChainARRR | — | — | 1 min | $90 | 0.07% | −22.6% | $49M |
| 130 | KomodoKMD | — | — | 1 min | — | — | — | $8M |
| 147 | Ycash (y.cash)YEC | — | — | 1.3 min | — | — | — | $6M |
| 153 | ZClassicZCL | — | — | 2.5 min | — | — | — | $5M |
Hashrate is each chain's own work, comparable only within one algorithm. Paid to miners / day is block reward × blocks per day at the protocol's target block time × price — what the network spends on its own security. Block rewards come from WhatToMine, which averages transaction fees in for some chains; where it does not list a chain, the reward is derived from the halving schedule. Blank means no source publishes it.
5 in the CoinSpectrum ranking as of 16 October 2026: Zcash (ZEC), Pirate Chain (ARRR), Komodo (KMD), Ycash (y.cash) (YEC) and ZClassic (ZCL). Tokens never count — only chains with their own blockchain and consensus.
For chains on the same Equihash parameters, yes: a machine built for one mines the others. Chains on a different parameter set need different hardware, which is why they are listed under their own names.
About $1.6M a day across the chains listed, counting block reward × blocks per day × price on 16 October 2026. Zcash accounts for 100% of it.
It is the fraction of all the Equihash work listed here that the chain receives. Machines can switch between these chains freely, so a chain holding a small share can be outmined by anyone who controls more than that share of the algorithm's machines. A large share is the security; a small one is an exposure.
SHA-256ScryptX11RandomXKAWPOWEvery proof-of-work chain
Methodology — how each chain's consensus was decided. Wrapped, staked and pegged claims are listed separately and never counted.