Keep in mind that your profitability will depend mostly on your electricity and internet costs. As such, it’s common to find large mining operations close to power plants, as those ventures tend to strike up B2B rates with the plants themselves to ensure profitability. But don’t worry, it’s likely that your conditions could lead to a reasonable ROI (Return on Investment) as well. Just make sure to calculate the ins and outs of your situation before you make a sizable investment.
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.
ZCash is an anonymous cryptocurrency that uses zk-snarks to ensure that all the information regarding user transactions is safely encrypted, while still verifiable by miners that can ensure no double-spending has taken place using zero knowledge proofs.
Private Key This is the part of data that you keep secret in your Bitcoin wallet. Every Bitcoin address has a unique private key attached. Possession of this key is what allows you to maintain control of those bitcoins. If someone else is able to obtain your key, they also have control of your bitcoins.
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
In the miner window it reports higher hashrates for 1060 3GB, approximately 20 sols/s more compared compared to ewbf or 10 sol/s more compared dstm miner. Now it needs to be tested if hashrate on the pool is as high as reported.
Zcash mining is getting pretty popular but solo mining can get pretty lonely. Come test the waters on a Zcash pool! All you have to do is follow this guide! We are going to use the NiceHash open source miner, which allows us to mine for BTC or for ZCash. Since we want to keep our newly mined ZEC, we’re using the second option.
Hey Charlie, OK, I expect you’re checking that out on the South African Bitmart.co.za site which sells miners and other crypto gear? It’s their name for 6x 1080 GPUs in a re-assembled rig… So sure, it’ll be good for mining zCash, as that’s its intended purpose after all and the 1080 GPU is a good miner. That said, electricity in SA has become pretty expensive and Bitmart’s prices are fairly steep. Their setup goes for R88k but I see that a single GT 1080 (basic model, not the Ti) goes for about R10k on Evetech: https://www.evetech.co.za/PC-Components/buy-nvidia-geforce-gtx-graphics-cards-47.aspx You should check which… Read more »
It is advisable to put the fan regularly on a certain percentage so that the heat of the card is about 60 degrees (note that during the day the house is warmer and the temperature will rise accordingly).
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.
You can download the claymore zcash miner and choose a version. You can download it, you should go for the latest version. Open the zip folder and extract the file and use it. Zcash mining can be a great way promotes the purchase of high end and new GPU. Zcash can be traded for BTC that can easily be sold for cash. So Zcash mining is a good way to fill your bank account indirectly.
Similar to the Claymore miner (which does not currently support Zcash mining under Windows), the EWBF miner contains a 2% developer fee which can be turned off in the batch file. It is noted in the thread that disabling the fee will slightly reduce hashing power, similar to that same behavior with Claymore’s miner.
Click on the Advanced tab and click “Change” under Virtual Memory. Uncheck “Automatically manage paging file”. Click the radio button for Custom Size and enter 16384 for the Initial size and Maximum size. Then click OK, Apply, OK.
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.
I started with EBWF then I discovered DSTM which was the tits with the higher hashrate but it was fairly unstable if I tried to adjust the vid cards through MSI AB giving me hard freezes or bsods. Sometimes they happened a short while after I walked away after adjusting a setting to give it time to settle. Sometimes hours later.
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.
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!
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.
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.
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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.
On the GPU side, we are going to use the Claymore miner. Claymore has a long-standing reputation for optimizing miners and this miner speaks for it. It improves the hashing rate considerably and that is why we are going to take the time to download and use this miner as well. The genoil miner only works for pool mining and with AMD graphic cards. This miner charges a 2.5% developer fee. Every hour the miner mines for the developer during 90 However, the performance increase is well worth the fee charged. If you don’t agree with the dev feem, don’t use this miner
Here is a quick list of the latest CPU and GPU miners available for mining the Zcash (ZEC) that uses the Equihash algorithm used by the coin. Since most pools and miners are based on Stratum mining support you should be able to use them on almost all mining pools with support for ZEC. What you should be looking for is what works best on your hardware in terms of stability and what provides you with the optimal hashrate in order for you to maximize your profit. CPU mining is still viable as GPU miners are yet to be further optimized to be able to provide significantly higher hashrates, though you should know that the days of the CPU mining of ZEC are probably numbered.
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Hey guys, thanks for the fantastic guide. I have a windows 10 system with two nvidia GPUs. One is gtx 960 and the other is gt 710. I am using escavator for mining zcash. I m getting 127 H/s if i use only my gtx 960 GPU. When i added the second GPU, escavator does not read it, ( windows does), still getting 127H/s. How do i increase this? Any ideas pls.
Broke the bank to get this card as an open box sale for about 50bux off regular price and it performs exactly as advertised with ethminer (30mh/s). I didn’t try a zcash miner as I immediately switched to running NiceHash with the cool interface. Running NH for 8 days off and on will net me an average of $6/hour. It does double duty at nights running PUBG on ULTRA settings.
TBMINER has no duty to provide the service of installing and debugging door to door. The accessories are provided by TBMINER, and the installing and debugging are responsible by the customers themselves after buying. The install video could get from our website, please click to view.
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.
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.