Earlier today Zcash (ZEC) went live as expected and people are already starting to mine it, some of them probably are still not aware of the slow start with very small block rewards initially. Regardless, with what is available as miners at the moment there are pretty much two places where you would want to go for mining if you still haven’t done so. The first one for CPU mining and CUDA mining is Flypool that uses a modified version of NiceHash’s stratum miner available for download here CPU/CUDA miner for Flypool.
As you can see, factory overclocked cards to help add slightly more performance in Zcash mining. A direct result of improved hash rate is higher earnings per day. Note, this analysis was done on 20 May 2017 and it will have changed in the 48 hours until it was published, but these are good general guidelines:
One of my GPUs is throwing out a constant stream of “GPU #2 returned incorrect data!” errors. It’s a rig with 4x 7950s running at stock speeds (925 MHz GPU clock, 1250 MHz Mem clock) and all are running below 70C with fan speeds set at 85%. Most people with this issue seem to have much higher temps or big overclocks. Also, adjusting the intensity does not help. Has anyone else run into this or managed to fix it?
There are a lot of user-submitted crypto mining benchmarks out there. Our methodology is simple. We ran these systems 24×7 for 72 hours and averaged the last 12 hours. That is an important feature because NVIDIA Pascal GPUs will throttle under heat so the first 20 minutes of mining can be much faster than full heat-soak. We have a nvidia-docker mining container to simplify mining so we can deploy it on our cluster machines and provide consistency.
You will now need to choose a pool in which to mine at. Most pools now use your wallet address as an account, with payments sent automatically to your wallet address once you reach the pool’s payment threshold. There are still some exceptions to this, such as the Suprnova pool which still requires you to register an separate account and input your wallet address separately.
Zcash is a fork of Bitcoin protocol, a currency that brings some major privacy improvements to its clients. A unique zero-knowledge proving technology makes it possible to shield some transaction details from prying eyes, like the sender, receiver and transaction amount. The currency has a strong developers and investors team. 10% of all Zcash tokens to ever be mined are allocated for the employees and shareholders, which is a strong stimulus for them to take good care of the network and ensure its further development and propagation.
The average mining rate of the system is 200Mh/s, providing an opportunity for an excellent return at current ETH values, if ETH continues to climb as Bitcoin has it will produce a return many times over.
Thanks for the article i’ve set up everything I believe correctly and I have one gpu msi armor gtx 1060 running but my other 2 gpus (same models) are not running. On initial start up all gpu fans will spin and then one pretty much takes command. Any thoughts on what the issue could be??
A: The miner uses adaptive intensity and tries to use the maximum intensity value, with the help of the –intensity option you can set a limit on the maximum intensity, this will slightly reduce gpu usage and performance. Allowed values 1 – 64. You can set different values for each cards –intensity 64 64 64 64
If you’re at the phase 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.
Incentivizing the creation of open source miners will enable a wider community to mine for Zcash coins and take ownership of the network as a public good. While we expect a full range in size of Zcash miners to exist, the more individuals who run a miner (whether GPU or CPU) the stronger the network.
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.
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.
Explore the world of mining right on your iOS device. You don’t need fancy expensive equipment to do mining. You already own a device powerful enough to mine. Zcash (ZEC) is unique because unlike Bitcoin which needs specialized ASIC hardware to mine, ZEC can still be mined using your CPU albeit slowly.
Zcash, a privacy centered cryptocurrency, made a mark in the mining scene by use of its ‘Equihash’ Proof of Work mining algorithm. The algorithm distinguishes itself from others with its focus on memory. In short, to mine Zcash, you’ll likely need more memory than what you’d need for other cryptocurrencies. But don’t worry, Zcash’s whopping $350+ USD trading value gives you enough incentive to get started.
I think I will end this guide at this point for now as it is getting to be quite long. While I originally intended to cover fine tuning and going over other optional arguments that the EWBF miner can use, I think I will wait and make this a two part guide. For now this Part 1 covers the basic setup and configuration of getting the EWBF miner running and shares being submitted to a pool. Since it will usually take some time before reaching a pools minimal payout period anyway, especially for just one or two cards, we have some time.
Following the startup information. we can see we are getting block information from the pool and that our graphics card(s) are detected and being assigned new work. After a little bit you shoudl start seeing shares accepted messages indicating your GPU has found a solution, submitted it the the pool and it was accepted.
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.
Today the blockchains of Bitcoin and Ethereum are so heavily loaded, that even participation in a mining pool has become unprofitable, as the amount of resources invested in mining (electricity bills) usually exceeds the return. For this reason, the mining guide we are presenting today is a Zcash mining guide.
Another cloud mining service provider that has been available for quite some time already as well – HashFlare has also announced their plans for offering cloud mining hashrate for Zcash (ZEC). They have already started the presale of mining contracts with a price of 4.20 USD per 0.1 H/s with the launch of mining planned to start before 21.11.16, so you will be able to catch some of the slow start mining period as well. Each of their Zcash cloud mining contracts will last for 1 year (from activation) and will not have any additional fees as everything is apparently included in the price.
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The issue is that ewbf is not the fastest miner availible so it should be compared to dtsm´s miner and the increases are not that significant. But the 1080 boost seems nice, i will test it on my rigs.
If all is looking good at this point, congratulations, you have successfully setup the EWBF miner and pointed it to a pool and are earning Zcash. After some time you can go to the Payouts tab to get a rough estimate of your expected income, but the numbers don’t really mean much until at least 24 hours of constant mining have gone by.
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.
I recommend looking into MultipoolMiner or one of the forks from it. It does not have bminer, but it does have more pools and a lot of miners. If a pool gets hacked again, I will lose less because it is distributed across multiple websites.
You can also start mining process with your GPU. You can use claymore as it has a long standing reputation and optimized for miners. It helps improve the hashing rate and sometimes it takes time download and use. If you are going to use Genoil miner then it is going to work for pool mining and with AMD graphic cards. The miner may charge 2.5% fee and the every hour miner mines for developer during 3 minutes.
Visit this website, fill out the details and confirm the email sent: Choose a 4-digit pin code which will be used in each update. Enter the site and select Zcash on the left side – Click on “wallet” and enter your ZEC wallet address. Click on “Update Account”.
Equihash est un algorithme de hash spécifique qui a été créé par les créateurs de Zcash. Une de ses particularités est que cet algorithme demande une très grosse quantité de mémoire vive (RAM) et une grosse bande passante à cette mémoire pour que le mining soit profitable. Ainsi la production d’ASIC est à ce jour impossible et seules les cartes graphiques peuvent réellement le miner. (Il est également possible de miner equihash avec son CPU mais cela n’est vraiment pas rentable et il y a plus de perte en énergie que de gains.)
Not Tech Savvy? No problem – we’ve got live support on our 800 number available Monday-Friday 9am to 5pm to help keep you mining. Got a problem that we’re not able to coach you through over the phone? We’ve got you covered – Freedom Miner has a remote desktop application built in and with a couple of clicks you can authorize one of our engineers to access your rig and make the repair remotely. Zcah Miner/Etherium Mining Freedom
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.
Hello zcasher, I would like to mine zcash for fun (and learn) with my laptop’s CPU. I how could do it? Whats software do you suggest (Windows) Since now I have tried to mine Monero using Claymore’s CryptoNote CPU -where the developer ask for a 2.5% –
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Several months ago, we tried Zcash mining in Docker and even published Docker containers for CPU mining. Although we have CUDA enabled Monero mining containers, they performed well, but not significantly better than CPU mining. When we built a new image with Pascal GPUs we found that NVIDIA GPUs can keep up profitability in-line with using AMD GPUs to mine Zcash or Monero.