Linux users can also use the Optiminer/Equihash miner as a solution for mining different variations of the Equihash algorithm (Equihash 200/9, Equihash 192/7, Equihash 96/5). A Windows version is supposed to come out at some point, but it is still not available for the moment.
Replace “eu” for your location, “ZEC-ADDRESS” for your zcash wallet address (transparent address), replace “-t 8” for the number of threads you want to use, and lastly replace “-og 0” for the number of GPUs you’re using (as in -og 0 1 2 if you’re using 3 GPUs)
Besides the ability to rent and lease hashrate for the new Equihash mining algorithm being used by Zcash (ZEC) NiceHash is also offering what they call Fast Zcash Cloud Mining Contracts. These are 24 hour mining contracts, but with a large amount of hashrate that you are getting for this short period of time. This is an interesting alternative to long term cloud mining contracts, but probably not the best one for the moment while we are still in the slow start of mining for Zcash. Still a nice alternative to have to long term contracts as well as to traditional renting of hashrate where the price may vary and here you have a fixed price for the day.
Disclosure: Mining metrics are calculated based on a network hash rate of 437,207 KH/s and using a ZEC – USD exchange rate of 1 ZEC = $ 243.51. These figures vary based on the total network hash rate and on the ZEC to USD conversion rate. Block reward is fixed at 10 ZEC and future block reward reductions are not taken into account. The average block time used in the calculation is 150 seconds. The electricity price used in generating these metrics is $ 0.12 per kWh. Network hash rate varies over time, this is just an estimation based on current values.
It has better hashrates for ZEC and ETH. Equihash about 780 h/s and Eth around 28 to 30 mh/s with moderate overclocking (only power limit and clock speed) with 100 % fan. Reliable and stays cool around 65 to 75 C with high intensity settings. Used Nicehash at first but experimenting with different pools at the moment.
Yuval has been on several customer facing and management positions in software companies and projects. An industrial engineer with a passion for business, technology, and innovation. Loves to create while having fun!
Alternate Currencies There are many different alternative currency that have sprung up based off of the idea and/or basic code of Bitcoin. A few of the more notable ones are litecoin, namecoin, PPCoin, and Ripple. To learn more about these, please visit our alternate currencies page.
Click on “workers” and choose one of the jobs (Account’s default jobs) according to your card. Run the file you have created (mine.bat). Make sure that there are no errors and that a message approving your worker has been received. If you did not get this message, it means you did something wrong. After the program starts running you will see that the worker (called the miner) is added to the “workers” screen. On the site, click “Dashboard” to see data about the mining (it will take some time until you see something; it is updated according to the work that the mining machine does).
However, if you have Nvidia cards, or if you’re in the market to buy new cards and can’t find any well-priced AMD cards, then mining Zcash on Nvidia GPUs is still very profitable with the EWBF Miner, which is highly optimized to get the maximum performance out of Nvidia’s Cuda cores.
[WARN] [2017-12-04T23:58:54+03:00] Get error: A request to send or receive data was disallowed because the socket is not connected and (when sending on a datagram socket using a sendto call) no address was supplied., resetting in 5 seconds
Go in to your extracted Zcash file and find the ‘start.sh’ file. If it doesn’t have one make one. Select it, right click on it and click ‘Edit’. Once you are here you will need to delete the contents in it and paste this with your addresses and press save.
Zcash offers total payment confidentiality, while still maintaining a decentralized network using a public blockchain. Unlike Bitcoin, Zcash’s private transactions hide the sender, recipient, and value of transactions on the blockchain. Only those with the correct view key can see the contents. Users have complete control and can opt-in to provide others with their view key at their discretion.
Interesting blog. I was about to post a similair post. Buy and hold for the upcoming 3 years and the blockchain market will find it’s way. I was researching a way to do better investment analysis on the current cryptos. I was wondering if anyone of you uses: https://www.coincheckup.com Since I use this site I make so much less basic investment mistakes.
If you’re at the phase of building a mining rig, check out our 6 GPU mining rig guide. The 3-part tutorial walks through each and every step to get your up and mining with as little hassle as possible.
At the beginning you could effectively mine Zcash with just a CPU, but due to advancements in software GPU’s have a huge advantage over CPU’s. You can still use a CPU to mine but your return will be very low, so all of the serious miners use GPU rigs. GPU miners will often fall into one of two camps:
To achieve this, we need open source miners for anyone to use. The Zcash Company sponsored the Zcash Open Source Miner Challenge operated by Least Authority. The Winners and Runners Up of this challenge are listed on the submissions page.
Disclosure: Mining equipment metrics are calculated based on a network hash rate of 437,207 KH/s and using a ZEC – USD exchange rate of 1 ZEC = $ 243.51. These figures vary based on the total network hash rate and on the ZEC to USD conversion rate. Equipment cost can vary, block reward is fixed at 10 ZEC and future block reward reductions are not taken into account. The electricity price used in generating these metrics is $ 0.12 per kWh. Network hash rate varies over time, this is just an estimation based on current values.
Overall, we are seeing payback periods in the 3-5 month range for all NVIDIA GPUs excluding power and cooling costs. Given the volatility of the markets, expect this to have wild swings. For the STH readers who have machine learning clusters that may have periods of downtime, our miner can help you earn some of your money back with mining.
I will go through start to finish on how to set up a Zcash miner on Ubuntu. This is because if you are mining with an Nvidia Graphics card the windows drivers are a little wonky so you will be limiting your hashrate. For me I have 2 GTX 980ti’s in my gaming computer. When I mine Ethereum on windows I get around 5 Mh/s and when I mine on Ubuntu I get 40 Mh/s. For those of you with gaming computers this can be a nice passive source of income while you aren’t playing games. Also AMD GPUs tend to be better at mining Ethereum, but Nvidia GPUs are better at mining Zcash. So if you have an Nvidia GPU I would suggest to mine Zcash. I do. If you have AMD GPU’s I would suggest looking at this guide here.
Choose and download an appropriate mining program that supports, a: your desired coin (Zcash), b: your GPU (GTX 1080), c: your operating system (Windows 10), and sometimes d: your pool (rarely but does occasionally happen).
The answer? Difficulty. By automatically adjusting the computational difficulty of solving a block, the Zcash blockchain is able to maintain 2.5-minute intervals. You’ll notice that difficulty closely tracks hashrate, and it, too, has seen exponential growth this year:
If you want to dual-boot and not just clean install you will need this step. Right click on the windows start menu, on the bottom left and select ‘Disk Management’. Select your main HDD or SSD that you want to dual boot from, right click on it and press ‘Shrink’. I suggest using at least 32gb just to be safe.
Good morning from Q City, so i have a noobynoob question. I am very beginner and now I mining on 3 PC. Two of them mine ethereum using 470×2 and 480×2 – I`m using dwarfpool and Claymore`s Dual miner and everything is okay when i check my wallet raits the balance is growing like beautiful garden with hundreds of mexicans working on it, !!BUT!! on my third PC I am using single msi gtx1080 gaming X to mine some zec using dwarfpool and nheqminer5c it working on 400 sol/s but my balanace is still 0.0000 after 10 hours of mine. So what the problem, or my mistake>>??? Im using wallet creating on HitBTC, is it okay>>>>?? HELP PLZ!!
Another popular service for renting and leasing hashrate, namely Mining Rig Rentals has yet to introduce support for the new algorithm used by Zcash (ZEC), so for the moment it is not interesting option for people that are all into Equihash. With the big interest however we are not going to be surprised if they don’t take much time to also introduce Zcash support in the next days.
As you can see, pricing has some fairly wild swings. As another example, this article was written Saturday, 20 May 2017 when the price was $104 USD to 1 ZEC. On Sunday 21 May 2017 the price hit $123. At the time of this publication (9AM Pacific 22 May 2017) 1 ZEC is now around $248. Prices fluctuate, a lot.
If you are mining at home or by yourself, you should join an existing mining pool. You can choose mining pool to get it started with this process. You need a mining pool to direct your hashing power. You should compare reviews and features of multiple zcash pools in order to get right decision. You should choose the nice hash pool to get profitable mining experience.
You can go through the list of Zcash mining software that is easily available online. Some of them contain a built in developers fee. First of all you need to set up your local Zcash node and configure it and then start mining.
Please note that it is an estimated amount of cryptocoins you can get. The calculations are based on the current pool fee, 0% bad shares and doesn’t account for orphan blocks or uncles. Your profit depends on network difficulty, block reward, transactions amount and fee. Exchange rates are provided by Changelly.
We wanted to investigate whether buying overclocked cards was worth it for mining. If you are buying these cards and using them out of the box in Linux (for machine learning) then you do not have access to the nice Windows overclocking tools. Also, crypto mining generates 24×7 load so some of the aftermarket cooling solutions on the overclocked cards can be extremely advantageous. One other point to note is that larger cards like the ASUS STRIX models have PCB and coolers that rise well beyond the PCIe slots. That should be a consideration if you are thinking about these systems in rackmount enclosures.