--- title: "Zcash grants group proposes redirecting about $124 million to mining rewards" description: "Zcash Community Grants offered a compromise to redirect about $124 million in existing and future funding toward mining rewards, Cointelegraph reported, as…" language: en canonical: "https://whycoinmoves.com/en/events/zcash-zcash-grants-group-offers-124m-113b95b4f3ba0a" published: 2026-10-30T11:43:57.000Z updated: 2026-10-31T11:45:01.000Z indexable: false --- # Zcash grants group proposes redirecting about $124 million to mining rewards Zcash Community Grants offered a compromise to redirect about $124 million in existing and future funding toward mining rewards, Cointelegraph reported, as… Attributed sources: [Cointelegraph]() ## Key facts Zcash Community Grants offered a compromise to redirect about $124 million in existing and future funding toward mining rewards, Cointelegraph reported, as criticism of the arrangement's governance and accountability grows. Critics said the plan does not address those concerns. Evidence strength: Single source, 1 publisher group(s) (Cointelegraph). After site detection, observed returns were 5 minutes: -0.32% (difference from BTC -0.31 pts; Oct 30, 2026, 11:43 → Oct 30, 2026, 11:48, UTC; Gate · USDT); 1 hour: -0.86% (difference from BTC -0.62 pts; Oct 30, 2026, 11:43 → Oct 30, 2026, 12:43, UTC; Gate · USDT); 24 hours: +2.32% (difference from BTC +2.31 pts; Oct 30, 2026, 11:43 → Oct 31, 2026, 11:43, UTC; Gate · USDT) In the preceding 30 days, the 99th percentile of absolute hourly returns was 4.07% (OKX · USDT; cutoff Oct 30, 2026, 11:43, UTC). ## Returns after site detection | Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source | | --- | --- | --- | --- | --- | --- | | 5 minutes | -0.32% | -0.02% | -0.31 pts | Oct 30, 2026, 11:43 → Oct 30, 2026, 11:48 | Gate · USDT | | 1 hour | -0.86% | -0.25% | -0.62 pts | Oct 30, 2026, 11:43 → Oct 30, 2026, 12:43 | Gate · USDT | | 24 hours | +2.32% | +0.01% | +2.31 pts | Oct 30, 2026, 11:43 → Oct 31, 2026, 11:43 | Gate · USDT | ## Historical hourly baseline | Metric | Value | | --- | --- | | Coverage | 100.0% (720/720) | | Median absolute hourly return | 0.57% | | 99th percentile of absolute hourly returns | 4.07% | | BTC beta | 2.21 | | Source / cutoff (UTC) | OKX · USDT / Oct 30, 2026, 11:43 | ## Claims and open questions - Cointelegraph reported that Zcash Community Grants proposed redirecting about $124 million in existing and future funding toward mining rewards. - According to Cointelegraph, critics said the proposal fails to address governance and accountability concerns. - What specific changes the $124 million redirection would make to mining rewards and funding allocations, and which official Zcash governance statement or proposal document confirms the figures? - Which parties would control the redirected funds under the proposal, and what accountability mechanism would apply? ## Source evidence - [Zcash grants group offers $124M compromise as governance backlash grows]() — Cointelegraph; published Oct 30, 2026, 11:36; received Oct 30, 2026, 11:43 (UTC). ## Recent ZEC events and market reactions - [Euronext halts CoinShares Zcash ETP ahead of debut over settlement concerns]() — Published Oct 28, 2026, 11:24 (UTC) · Single source (1 publisher) · Regulation · 5m -0.07% / 1h -0.67% / 24h -3.12% - [Zcash jumps 8% to about $1,320 as bitcoin nears $81,000 ahead of Fed decision]() — Published Oct 28, 2026, 04:15 (UTC) · Single source (1 publisher) · Market watch · 5m -0.19% / 1h -0.86% / 24h -6.27% - [Zcash Foundation appoints David Campbell as executive director]() — Published Oct 20, 2026, 15:49 (UTC) · Official source (1 publisher) · General news · 5m +0.45% / 1h +0.50% / 24h +2.92% - [Zcash Foundation releases Zebra 7.0.0 with NU7 support for Mainnet]() — Published Oct 22, 2026, 16:21 (UTC) · Official source (1 publisher) · Project updates · 5m +0.45% / 1h +0.50% / 24h +2.92% - [Zcash co-founder proposes halting automatic grants funding as committee treasury tops $125 million]() — Published Oct 27, 2026, 06:14 (UTC) · Multiple publishers (3 publishers) · General news · 5m -0.05% / 1h +0.66% / 24h +8.04% - [Full coin archive]() ## Research for this archive - [Monero XMR and Zcash ZEC: delistings, liquidity and USD vs USDT]() Evidence levels describe source coverage, not the probability that a report is true. Price moves and their timing cannot establish a cause; minute samples show an observed interval and alert thresholds are heuristics. Explanations are model-assisted, with citations and figures checked. Source titles stay in their original language; full articles are not republished. [Methods and limitations]()