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Patrick has been running STH since 2009 and covers a wide variety of SME, SMB, and SOHO IT topics. Patrick is a consultant in the technology industry and has worked with numerous large hardware and storage vendors in the Silicon Valley. The goal of STH is simply to help users find some information about server, storage and networking, building blocks. If you have any helpful information please feel free to post on the forums.
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.
Run and verify that the software is mining correctly. After several minutes check your pool for statistics (should see some shares appearing), and after minimum payout level is reached (could be days with one or two cards) check your wallet or exchange to confirm payment was sent by the pool and properly received.
I am currently using 1 MSI 1080ti seahawk x, 2 PNY 1080 ti FE and 2 ASUS 1080 ti Turbo. Definetly recomend the MSI and PNY, The ASUS turbo not too much, dont have backplate and not good for UV OC, If you are going to buy 1080 ti, this article have all the details all all 1080 ti models:
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Zcash also differs because it has a built-in privacy protocol called zk-SNARKS, which is designed to make it the leading privacy-based crypto in the market (competing with other privacy coins such as Dash and Monero).
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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.)
Good morning from Q City, so i have a noobynoob question. I am very beginner and now I mining on 3 PC. Two of them mine ethereum using 470×2 and 480×2 – I`m using dwarfpool and Claymore`s Dual miner and everything is okay when i check my wallet raits the balance is growing like beautiful garden with hundreds of mexicans working on it, !!BUT!! on my third PC I am using single msi gtx1080 gaming X to mine some zec using dwarfpool and nheqminer5c it working on 400 sol/s but my balanace is still 0.0000 after 10 hours of mine. So what the problem, or my mistake>>??? Im using wallet creating on HitBTC, is it okay>>>>?? HELP PLZ!!
Hey Charlie, Well, you should multiply the hashrate and electricity consumption and price tag of each GPU by 6, seeing as the Zodiac contains 6 GPUs. When you identify which exact card the Zodiac is using, you’ll be able to search those details but you’ll still need to account for there being 6 GPUs in the complete unit, so 6 times as much hashrate, cost and power consumption. That’s how you’ll know how soon the unit will pay for itself (at least with the current price and difficulty parameters). $180k per year sounds way too good… Note that I’m assuming… Read more »
Mining This is the process by which new blocks are created and all Bitcoin transactions are verified. Mining is actually a poor name for the process taking place, but caught on due to the hope of completing a block and winning the attached Bitcoin reward.
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.
The decentralization is done using the blockchain technology. Blockchain, is a type of a ledger that confirms transactions and lives in a distributed-fashion in the cloud. In other words, a group of computers around the world holds copies of the order books and for any given change in it, all the copies are updated. When a majority of the computers authorize a transaction, the money is securely transferred and added to the next block which will be written.
In order to mine using this guide, there are two things that you’ll need. The first is a wallet to store your funds. There are currently multiple GUI wallets available and you can compare them here. You can also use this guide to learn how to install one of them on Linux. It is also possible to use an exchange as a wallet but we do not recommend it.
From a security minded engineer: How can I trust someone sharing Windows executable via Google Drive and using WinRar? The guide is nice but it raises lots of security concerns. There’s no auditable open source code and stamp by security experts. Not long ago we had WannaCry spreading in the wild.
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.
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 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.
This article needs to be proofread. There are multiple spelling errors and incorrect word usage, such as “This is because the Claymore miner is faster but only works for CPU.”. Claymore miner is faster for GPU, not CPU.
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.
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!!
Unfortunately it’s currently written specifically for linux and uses direct OperatingSystem calls to be as fast as possible, to have very low cpu usage and to consume energy as little as possible. However if people are interested in a Windows version I’ll port it. First we have to check how it performs on something faster then a 750ti However my test are very promising.
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!
Next, copy your Zcash wallet address. Inside the bat file paste your own Zcash address (in the example above replace the address that starts with “t” and ends with “DX”). After replacing the address you can also change the worker name. In this case it’s .rig1, but you can call it .miningRig1 for example.
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.
AMD GPU miners were recently getting quite the boost thanks to Claymoreâs Zcash miner on Windows, but now Windows users with Nvidia GPUs also got a nice boost in ZEC mining performance thanks to the release of the NiceHash EQM Zcash Nvidia Optimized Miner. It kind of doubles the performance that people were getting with the previous nheqminer from Nicehash, so now with a 6x GTX 1070 GPUs for example you can be all the way up to about 400 H/s. Do note that the miner currently supports only newer Nvidia GPUs and will apparently not work on anything lower than SM 5.0 capable GPUs â Maxwell or Pascal.
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.
Building a large ZEC position through mining now may allow you to take advantage of price appreciation in the future with less risk than you’d face by just buying ZEC. Let’s break this idea down a bit further.
Blockchain the public record of all bitcoin transactions. The blockchain may be viewed by anyone and can be used to determine how many bitcoins were attached to any one address at a given time. One place to be able to easily view this information is blockchain.info