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.
Please do not place your order with anyone or anybody claiming to be an official AsicMiner Market representative over email or Skype. It can be a scam and your confirmed order may never be delivered in such cases. AsicMiner Market is neither responsible for nor offers any kind of compensation in such cases
–pec (optional) (this last optional parameter is telling the miner to run in performance reporting mode and will periodically display your overall hash/watt ration. It takes no variables and is more of an on/off flag as it defaults to off without this parameter being set)
[WARN] [2017-12-04T23:58:59+03:00] Get error: A request to send or receive data was disallowed because the socket is not connected and (when sending on a datagram socket using a sendto call) no address was supplied., resetting in 5 seconds
Be aware .. i mined Zec and everything was ok for 2 months .. suddenly 10% drop of my hash rate without any reason for 5-6 days.. stealing hash a lot but not from the beginning like flypool… never replied to my question
The dstm’s ZCash Nvidia Miner is supposed to be slightly faster than the popular and widely used EWBF’s CUDA Zcash miner that has not been updated for quite some time, so you might want to give the new miner a try. Our initial tests show a bit better hashrate with the same GPU settings as with the EWBF, though the difference is not huge. Do note that dstm’s miner has its own specifics that you need to get used with such as the use of a separate thread for each GPU and getting 6 separate workers on the pool from one mining rig for example. The interface could also use some improvements and some color coding can further help in readability, but in general it is quite Ok even at the moment. Do note that the 64-bit Windows binary is built with Visual Studio 2015, so if you do not have the Visual C++ Redistributable for Visual Studio 2015 installed you might get an error about a missing DLL.
If you are buying a GPU for deep learning and are looking for something to offset your costs, Zcash may be a reason to upgrade from a GTX 1060 to a GTX 1070, a GTX 1080 to GTX 1080 Ti. Our advice here is to get a larger card. At some point, adding additional GTX 1060’s is less efficient for deep learning, gaming and from a cost perspective. Since each PCIe slot has a cost if you decide to scale out, we advocate getting larger cards if possible.
Two minus signs indicate variables or settings that will be supplied to the miner when it starts. Whatever directly follows a minus sign and setting is the value for the mining software to use. Let’s go through each in this file.
If you’re interested in taking your crypto mining to the next level, sign up at Crypto Mining Academy, where I go massively in-depth, detailing every step of this process in a comprehensive course. Happy mining!
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.
Although Zcash is already a mature coin, it is still not coming close to the load and size of Bitcoin’s and Ethereum’s chains, so, in most cases, mining it is more profitable. In 2016 when Zcash came into the world, it was very profitable to mine it. Due to the fact that there were only 12 Zcash coins in circulation, the price went up to the astronomical price of 3000 Bitcoins for one Zcash coin!
Replace “stratum.zcash.nicehash.com:3357” with your pool’s server. and replace “t1RjQjDbPQ9Syp97DHFyzvgZhcjgLTMwhaq” with your zcash wallet address. Optionally, replace “YourWorkerName”. If you want, you can also replace “x” with your password.
After creating an account you’ll need to setup a worker to help keep track of your progress, to do this use the link below and add a new worker to your account called worker1 and set the password as x. (or use details as you see fit)
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)
It is important to know, that mining on a personal computer is supposed to be done for the purpose of learning. In order to generate profit and achieve massive cooling as well, it is better to build or purchase dedicated mining machines.
Yeah pretty good, but since the last month has been a little weird, it basically keeps disconecting form the main pool from time to time (for 3 min to 1 hr in a row once every third day), aside from that it works perfectly. This is just an opinion for Ethereum and Siacoin pools, i cannot say anything about others coins.
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.
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.
Pro tip: check out the following GPUs: Nvidia’s GTX 1060-6GB/1070/1080 Series; AMD’s RX 470/480, RX 570/580, R9 Series, or HD 7990/7950 (if used cards are available, try to get them from a gamer instead of a miner, with a warranty if possible). As with everything, do your own due diligence to evaluate GPUs based on their hashrates, power requirements, availability, and price.
Replace “eu” for your location, “ZEC-ADDRESS” for your zcash wallet address (transparent address) and lastly replace “-og 0” for the number of GPUs you’re using (as in -og 0 1 2 if you’re using 3 GPUs)
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!
The following configuration of mining machines are suitable for virtual currency based on Equihash Algorithm: Zcash(ZEC), Zencash(ZEN), Bitcoin Gold(BTG), Komodo(KMD). Click on the name or login to minethecoin.com to view the current earnings. The mining machines earnings unit is Sol/s based on Equihash Algorithm.
We also recorded power consumption during our testing both before mining, then after adding the GPU and having it mine for 60-72 hours. Here is what an average power consumption, per card, was for the final 12 hours of our observation period when the cards were thoroughly heat soaked:
And that’s it, you’re ready to mine for Zcash. Simply click the Start.bat file and you should start mining. You can also look up the statistics of your miners on the pool website that you’re using by inputting your public address.
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.
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.
We’ll be starting the miner using a simple text file that tells the operating system to launch the mining program. It also allows the configuration of settings when EWBF starts. These files can be created an edited with any text editor. On the Windows platform, the correct file extension is .bat. On Linux, it is .cmd.
On October 28, 2016, the launch of Zcash made ZEC coins available for mining. Since Zcash is an open source, decentralized cryptocurrency, we believe that mining for ZEC is an important way to help strengthen and decentralize the Zcash community, contribute to computer science, and win our gratitude and a prize. Mining should be available to everyone, regardless of their access to specialized hardware; anyone should be able to use a computer to “mine” by using open source software, and add more transactions to the Zcash ledger to possibly get Zcash coins in return for their effort. By distributing the ability to perform mining with open source software, the Zcash network can be a more accessible and a truly community-supported cryptocurrency.
First, head over to whattomine.com, which provides up-to-date figures for current prices, block times, and network hashrates (as measured in megahashes per second, or MH/s, denoting millions of calculations per second).
Sure, it’s easy. Set the Trezor up as per its documentation, making sure to accurately record and securely store the seed phrase as your top priority. Of course, you must also remember / record your PIN.
Covering these steps more in detail, to get started mining Zcash with EWBF you will need a Windows based PC (or mining rig) and a late generation Nvidia GPU, preferably a GTX10xx series such as the GTX 1080 that I will be using.
Block A block is a unit of the code the comprises the bockchain. It is the record of transactions that have occurred since the last block was created and a confirmation to previous transactions. Each block links to the block before it, thus creating a full chain back to the original or “genesis” block.
By default the EWBF miner should extract to a folder named “Zec miner 0.3.3b” unless you changed it. I would recommend placing this folder somewhere easy to get to, such as the root of your C drive, your Desktop, or somewhere you can easily locate it. For this guide I extracted it to: “C:\Zec miner 0.3.3b“. Open up the Zec miner 0.3.3b folder and you should see files similar those those below:
In terms of durability, Zcash will heat up your GPU 24×7 if you let it. Founder’s edition cards using default settings will hit 80C if the ambient temperature is high enough. Cards like the EVGA 1060 6GB card cannot handle the cooling required for Zcash mining for 24×7 operation.