Stands to reason that oxidation will reduce conductivity. But this is largely irrelevant to my situation on drying mooring. At least I'm out of the water half the time when de zincification can't take place
did my shaft anode on Saturday, also gave it 2 donks with a hammer after the first tighten up, then tightened again. i also abraded the shaft & anode prior to fitting
As it happens, it didn't need replacing (2 years), but I gave it a good scrape. Looks like the hanging anodes over the stern are doing a good job.
Here's a tip though: if your anode is in two halves, and the two surfaces where the screws protrude do not meet, then before you dive under your boat, push the screws in and put O-rings on them to make them captive. If you don't have any tiny O-rings, double one over in a figure 8.
I think that a new anode is likely to work, but the usual problem is an anode which has been immersed. If it is then brought out and reused I was informed that it could take up to two weeks before it becomes effective again, so scraping it clean is necessary.