Once you have decided to start mining Zcash and have a good idea of what Hardware you want to use the next step is to find the right Software. There are several types of software that work with different hardware configurations including the official Zcash miner.
The miner still needs some work, especially on Nvidia GPUs where by default it is pretty heavy on the CPU load and memory usage as well. It is recommended that Nvidia users add the parameter –enable-nv-hotfix in order to reduce the CPU load a bit, but still running the miner on the main GPU may make the system a bit unresponsive even with that parameter. Still if you are interested in mining MNX (even with the high hashrate and low block reward at the moment) or any other Equihash 96/5 coin you might want to check the lolMiner-mnx out.
The blockchain allows the transfer of funds in a decentralized manner, while security and fraud-prevention are carried out by encryption, hence the name crypto, as cryptography is the discipline of encryption. Encrypting and verifying a transaction requires work. Computers which do this kind of work, which is basically solving a mathematical puzzle, get to write the next block in the chain, and are rewarded with coins for it – this is practically the mining operation. The more miners a network has, the stronger it is and the faster and more secure it is.
Ran the same settings on both miners and it’s more like 4-5% more than EWBF. 1080 + 1070 =~1020 Sol/s on Bminer with 60% Power limit and 350 W at the wall. On EWBF it’s ~970 Sol/s for both. The 1080 gets the biggest boost on Bminer about 10% ~574 Sol/s with 60% power limit. I’m mining on Flypool which only shows the effective hash rate, so it will take a while to be accurate but it seems legit.
I have a Trojan.GenericKD.5331716 in any download for the nheqminer for windows. Does not matter what source I go to. Best be aware. If someone has a source that does not contain it, would be happy to receive.
Well you need to do your own due diligence, but if you click on the link originating from the Bitcointalk EWBF support thread you should be taken to the authors downloads, which many users have reported as safe.
If you’re interested in taking your crypto mining to the next level, sign up at Crypto Mining Academy, where I go massively in-depth, detailing every step of this process in a comprehensive course. Happy mining!
Cold Storage This is the process of moving your bitcoins to an offline wallet. The benefit of this is that no one can hack into your computer and steal your private keys if your computer is not connected to a network. Bitcoins will need to be brought back out of cold storage to be spent or transferred again.
To see all the directories in your current location type ‘ls’. I personally like to change the name of my zcash directory in the home folder to ‘zcash’ just so it’s shorter. You can do this by selecting the directory you want to rename and pressing ‘F2’. Now we will need to change directories to the zcash directory. So type in the terminal
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.
The Zcash software can be a complete package that helps you run full node. This software is offered by Zcash Company this software let you mine with your CPU. It has a built in wallet that is needed to send and receive Zcash.
so it’s latency dependent. I’m not sure how much time u have. If u have some, I would compile some versions that should show where the bottleneck is. Also could u pls check the cpu usage. If u have some time for all this stuff ofc.
You will need to pick a pool that supports Zcash. Some of the more popular pools include Flypool, Nanopool, Nicehash, Suprnova among others. You can get a more detailed up-to-date list by searching Google for “Zcash mining pools”. For this guide I will be using the Flypool Zcash mining pool.
Editor’s Note: We ran this analysis on 20 May 2017 when Zcash’s coin ZEC was $104 USD to 1 ZEC. By the early morning Pacific time of 22 May 2017 that had hit $124. As this is about to publish it is currently at $248 USD to 1 ZEC. These markets fluctuate greatly.
All of these calculations can change based on mining difficulty as well as Zcash price fluctuations. Here is a view of what 1 December 2016 to 20 May 2017 Zcash pricing looks like via Poloniex (one of the larger exchanges):
Today we are going to show you how to mine Zcash with your CPU and GPU on Windows. We are going to use two miners (Software) for each type of hardware: Nicehash miner for CPU and the claymore miner for GPU.
It can also help to check your equipment on different mining profitability websites. Sometimes the estimations vary so you can get a more accurate prediction by trying out different calculators. Some worth mentioning are:
The whole Zcash mining process includes set up, miner downloading, configuring windows and batch file setting to run and much more. Zcash generally uses equilhash as a hashing algorithm. This is an asymmetric memory hard PoW algo. This is based on the generalize puzzle. It relies on high Random Access Memory needs to bottleneck the generation of proofs and ASIC development unfeasible.
When the mining software was first released the developer also claimed that he: “Expected speeds (of) 435 sols/s (with a) GTX 1070 (and) 295 (sol/s with a) GTX 1060 6G (running under) Stock settings.” I believe things have improved since the first version with users reporting speeds of over XXX***XXX with a GTX 1070, and my own results of up to 560 sol/s with a GTX 1080.
Hi Marilyn, Imgur.com is a good site for image uploads, just a tip. The Mega page won’t load for me for some reason, probably due to my browser config. Google Drive works though. The one you want to download is Zec miner 0.3.4b – or whatever the latest working version mentioned on the forum page happens to be. I’m not really understanding the problem. Sounds like you downloaded the miner OK, just it’s named differently? That won’t be an issue. I suggest you run some virus scans on the miner you downloaded and then proceed with the rest of… Read more »
ASIC Application-specific Integrated Circuit, an ASIC is the current ‘top of the line’ technology used in Bitcoin mining. It is able to generate orders of magnitude more hashes per watt of power than the next best technology. For greater detail, please see the hardware page.
For this reason, miners started to work in groups, which are called pools. A pool of miners unites the calculation power of a workforce of small miners in order to obtain a significant mining power (aka hash rate), thus increasing the chance of solving a puzzle and getting the reward for it. Each miner in the pool, gets a “share” of the reward, according to the amount of power he contributed to the pool.
Now with all that said, it also does not mean that a mining program cannot contain a virus, or that it isn’t a virus itself, so don’t just blindly trust it either. It is just that there is a valid reason for a high rate of false positives when it comes to such software. Just as a general rule, I would not load any mining software on a machine that contains a cryptocurrency wallet, or one that you do any type of financial work on. It is best to play it safe and keep your mining rigs separate from your important information, so a separate machine is best that is dedicated to mining if possible.