Because of the slow start mining that Zcash has implemented the block reward is still growing, so even with price going down and the total network hashrate going up the overall profit for mining and selling Zcash remains pretty stable and most importantly pretty high compared to other crypto coins at moment. Because of that it is a wise decision to mine and sell Zcash at the moment until the end of the slow start of mining when the block reward will stabilize at the maximum level of 12.5 ZEC and that should provide a more stable price per coin than at the moment. Mining ZEC coins now and keeping the coins may result in them loosing significant value at least in short term, though in long term it might still be a viable option, so consider what to do carefully.
I’m not sure about your version of Windows but in mine, Task Manager does not display any info on the status of the graphics card. All I see is the performance of my CPU cores, memory and networking throughput.
The only drawback is that the miner currently only supports connection to NiceHash, so you cannot use it with other pools. While this might nit be bad during the slow start of ZEC mining, after that you might still want to go for mining and keeping Zcash instead of immediately selling it for profit. Hopefully in the next few weeks we are also going to see more development happening for Nvidia users and that goes not only for Linux, but for Windows users as well.
Galax GTX 1080 Ti HOF 790 2062.5 5400 382.53 200 Undervolted to 1v for GPU / Mem stock. max 800 Sol/s / +120 MHz Core – +400MHz Mems. 60-63C max with A/C – 65-66 without. EWBF 0.3.4b Win 10 x64 EllinasUser
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.
Zcash makes use of the Equihash algorithm – a Proof of Work algorithm that is unique to Zcash for now. It was invented by Alex Biryukov and Dmitry Khovratovich, and makes use of Wagner’s algorithm to provide the PoW that’s required for consensus in the Zcash Blockchain.
Using the exact same stable msi AB settings I dialed in with DSTM, I tried it out for 24 hours and didn’t get a single crash and rejected shares were single digits out of almost 3k shares submitted and my overall hashrate went up +60 sol/s. I’ve also noticed it doesn’t mind when I’m tuning the graphics cards while active and have never gotten a bsod or frozen pc in days now. Cherry on top is that I personally like the telemetry screen which is a bit nicer to monitor over dstm’s. Devfee is the standard 2% same as all the others.
I have 1080 TI FE and instead of doing 8 USD/day – now am getting 3 USD/day with nicehash! doesn’t worth it’s effort working for now but i will keep it on for a while and will keep on watching. Hopefully!!
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Plug in your card at the top and click on the model number (the red square below), and the hashing and profitability info will be displayed below (click Equihash to make it blue so it will calculate).
Now that you’ve got your hands dirty, just sit back and watch your zcash roll in! Be aware that you are mining to a transparent address (it starts with t). You can follow this guide to learn how to create a private and transparent wallet.
For a solid budget card, the Nvidia 1060 with 6 GB of RAM is recommended (when in stock and not ridiculously overpriced due to the card shortages we’ve been seeing in summer 2017). This GPU will beat the AMD 480s when it comes to mining Zcash!
Linux users would probably want to go and try the latest version of the Silentarmy miner that also brought support for Nvidia GPUs and is apparently providing similar performance as the NiceHash release for Windows. Also the Silentarmy miner is doing pretty well on AMD hardware, so do try it as well if you have such mining rigs and are running them on Linux.
For AMD mining you might want to head on to the Coinsforall mining pool that uses its own different protocol and has an OpenCL and CUDA miner. Earlier today Genoil has posted an OpenCL miner binary for Windows with stratum support, however it seems that his miner is still not ready for major use as most people are reporting issues making it work properly. We have tried his miner and also had trouble making it work properly, so if you have AMD OpenCL GPUs just go for Coinsforall for the moment and use their miner.
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.
Not everyone has the proper knowledge, time and patience to start Zcash mining on their own but still you can go for Zcash mining using your own computer. If you have already decided to mine Zcash, you should know what hardware you need to use. First of all you go for right hardware, then software. There are so many software types available in market that works with various different hardware configurations.
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ASUS GTX 980 Ti STRIX OC 6GB 495 1468 3305 382.53 275 +109 Core clock, +100 Memclock, +50mV min +37mV max, fan auto, 110% powertarget, 91°C Target. Maxes at 79°C while mining EWBF 0.3.4b Win 10 x64 Kappawaii new / used as of June 2017
Zcash uses a different hashing algorithm than Bitcoin’s, making it incompatible with the special hashing hardware (ASICs) developed for Bitcoin mining. Zcash’s algorithm is known as Equihash. It’s a memory-hard algorithm; it’s designed to resist the development of Zcash-mining ASICs. Instead, Equihash is deliberately best suited for GPU mining.
Difficulty this is the measure of how hard it is to generate a new block in the blockchain. The difficulty is designed to adjust every 2,016 blocks (roughly 2 weeks) to balance out the rate at which blocks are created. The difficulty has an absolute minimum of 1, but not such limit exists for the maximum.
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.
The other software I will be using in this guide and recommend is MSI’s Afterburner, which the latest version can be found on the MSI site here. The version of Afterburner I used for the guide is 188.8.131.5267.
For the purpose of this guide, we’re going to do a detailed walk-through of setting up and using the very popular Nvidia EWBF Miner. If you have AMD cards, mining Ethereum is usually your most profitable option.
Troubleshooting tip: Some miners have had success installing all GPUs at once, then installing the drivers. Others prefer to install only one card, install the drivers, shut down the system, and then install the rest of the GPUs.
I’ve a question, I have a 700W Power supply(non modular) , and currently a gtx 1080 and one gtx 1060 3GB. So the miner shows that I’m using about 200W for this gtx, if I connect one more gtx 1060 3GB and I start the miner, it shows errors like it hasn’t enought power, and the last gpu stops running but the fan go 100%.
In the example above we’re mining on USA stratum pool. We have a quad-core CPU with hyper-threading (8 threads available) and only one NVIDIA GPU in the computer. We are mining with 6 threads on the CPU and on the whole NVIDIA GPU.
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.
The biggest limitation of the official Zcash software is that it only takes advantage of your CPU to mine. If you have decided to build a dedicated GPU rig for mining the basic software will not be enough, you will need to decide on software that has been optimized to take advantage of your GPU’s.
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Zcash mining is largely limited to GPU and CPU mining rigs. One one hand this means that it is more accessible to beginning miners. On the other hand, this also means that you there are a plethora of hardware options to choose from.