That’s right, you can use both! With most cryptos this would be wasteful, but since the Equihash algorithm is “CPU-friendly”, mining with both GPU and CPU is currently profitable. All you need to do is keep both the CPU threads (-t) and the GPU numbers (-og)
Cryptocurrency markets are volatile and are rife with manipulation. Zcash is a relatively medium sized cryptocurrency currently valued at around $150M USD (at $104 USD per ZEC.) As points of comparison, Monero’s market cap is about $500M at the time of this writing and larger players like Ethereum and Bitcoin are well over $10B USD each. With such a small market cap, Zcash is particularly susceptible to market fluctuations.
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.
For those with inexpensive power, this is not an issue. For those with expensive power, it can be the largest recurring cost for Zcash mining. Using our power consumption and hash rate data, here is what profit per day looks like with $0.10/ kWh, $0.20/ kWh and $0.40/ kWh power:
If the invalid shares were to exceed 3%, or stay at a constant 2%, you should check first to making sure you are connected to the flypool server nearest you. If you look on their homepage they will list different addresses for servers located in different parts of the world. The next thing to check would be back on the miner to make sure you are not seeing any errors being generated there. There are too many possible scenarios to cover all in this introductory article, so I will leave any in-depth troubleshooting for a later guide.
You will also need a Zcash wallet address either from a Zcash wallet you installed and run on your own PC, or a Zcash “Deposit” address from an exchange. I would recommend learning how to install run your own wallet unless you are only going to mine with a few cards and plan to exchange the coins right away. Several of the large exchanges support Zcash so you can obtain a wallet address from one such as Kraken, Poloniex, or Bittrex to name just a few.
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).
Zcash mining is very simple and it is good news for beginners now they need not to download full Zcash block chain. They need not to manage clunky command line miners with manual instructions. If you are a beginner you can go for Zcash mining directly.
Below is an example of a batch file that we use on one of our Windows-based mining rigs. Everything is contained in a single line in the .bat file. That single line specifies the program to be run (miner) and a few settings that customize the miner’s activity. Finally, and most importantly, one of Zcash wallet addresses is specified so mined Zcash goes to the right place. Here’s the .bat file that we are currently using to start mining. Scroll to see all of it’s contents if necessary.
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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.
Some of the above specialize for AMD GPUs, whereas other are tailored to Nvidia GPUs. However, you’ll find that the Claymore Miner works just fine for both, so the choice is ultimately a matter of preference.
While not mandatory, it is recommend to install a GPU overclocking utility such as MSI Afterburner to be able to optimize your GPU settings to mine the most efficiently. The installation of MSI Afterburner is straight-forward and should not require a reboot. For the EWBF miner there is nothing to install as we will be simply extracting the programs folder and running the program’s exe. We will however need to modify one of the example batch files included with the miner in order to get started.
There are many risks when it comes to Zcash mining on your NVIDIA Pascal desktop GPU. First, Zcash pricing can be unpredictable. We have seen major drops in value before (depicted above.) One also needs to be able to convert Zcash to standard currency which may incur transaction fees and/ or be difficult.
Simply plug in Freedom Miner to any 110-240V power outlet, plug in the Ethernet connection to your router or cable modem, turn it on and it will begin mining right away. A typical 15A circuit can support two Freedom Miners (7.25A / Unit), assuming no other equipment is being powered at the same time.
HVAC is a serious additional expense when used to cool a mining or folding rig, it will add rough ballpark 40% to your cost (somewhat less if you have a VERY high efficiency unit in the 15+ CEER/SEER range as opposed to common units that are typically 9.3 or so)
Freedom Miner is a Zcash Miner beast and is defaulted to mine ZEC out of the box. However, changing currencies is a breeze before or after you receive the rig. During purchase simply provide us with your wallet addresses for the coins you wish to mine and we’ll send your rig pre-configured. Don’t have wallet addresses yet? No problem, we can ship your rig with our system defaults. Freedom Miner comes with a standard 3-prong US style power cord, but other standard power supply cables are compatible as well.
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.