GPU Graphical Processing Unit, a GPU (or commonly just referred to as a graphics card) was previously the dominant way of Bitcoin mining. It was way beyond the efficiency of a CPU and plenty common among computer users to gain widespread adoption. With the increase in the difficulty it has recently become too inefficient for most to continue mining with GPUs as their electric bills now compete with the value they generate. For futher details, please see our hardware page.
[WARN] [2017-12-04T23:58:54+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
You then need to change “-u Weblogin.Worker -p Worker password” to reflect your own account. Eg, “-u Steve.StevesWorker -p StevesWorkerPassword” Then go to “File => Save as” and save the file as “RunMe.bat” in the same folder as minerd. You are now ready to mine, double click on “RunMe.bat” to start mining. If you want, you can create additional workers with usernames and passwords of your choice here
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.
Keep in mind that Equihash makes CPU mining still somewhat feasible for Zcash. However, you’ll mostly receive a better RoI with GPU investments, so consider the options above first before exploring your CPU options.
The EWBF CUDA Zcash Miner has a built-in developer fee that is set at 2%, meaning that every 10 minutes the software will switch to a different pool and mine for the developer some shares and then get back to mining for you. The author of the software claims speeds of about 250 H/s for Nvidia GTX 1070 while the NiceHash EQM miner does currently about 220 H/s on the same GPU. Our quick tests showed a hashrate of about 235-240 H/s average (up to 250 H/s) on stock GTX 1070, so still slightly faster, but not as much as you may want it to… then there is the dev fee as well and it seems that we are seeing somewhat more rejects than, especially when switching to mine for the dev fee. So while this may be an interesting alternative for users willing to mine outside of NiceHash, the actual performance that you may get poolside may not be much different than with what is currently the fastest implementation from NiceHash (taking into account the dev fee and the rejected shares)…
As you can see, Flypool offers quite a bit of information on your progress. At the top we have Hashrates which show your current (2 hour) and long term (24 hour) average hash-rates, your Immature Balance (which is simply the coins not yet fully confirmed on the network), Unpaid Balance which is you confirmed coins waiting to be paid once you reach the payment threshold, number of active workers, and a summary of submitted shares in the form of valid/invalid.
Zcash is an open source cryptocurrency that focuses on the privacy element. This cryptocurrency is mineable utilizing the CPU, and/or GPU. It is a popular currency to mine with nVidia GPU’s as the algorithm hashes better on these GPU’s vs. their AMD competitors. The GTX series is the most popular for mining Zcash.
Disclosure: Mining 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. Block reward is fixed at 10 ZEC and future block reward reductions are not taken into account. The average block time used in the calculation is 150 seconds. 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.
It also ensures that information of transaction is verified by the miners. It means that this digital currency provides selective transparency and privacy of transaction. The payment of Zcash may be published publicly on public block chain but the transaction amount, recipient, sender may remain private.
If you’re reading the newbie’s guide to Ethereum mining and have a GPU that’s powerful enough to make it worthwhile, we’re going to assume you’re running Windows, so we’ll focus on mining Zcash on that platform.
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.
Claymore’s Zcash (ZEC) AMD miner has been updated a couple of times already since the release of the initial version from some days ago. The number of optimizations and hashrate improvements with pretty much each major update has been tremendous, bringing back to life many of the old AMD Radeon GPUs such as 7950/7970 or the 280X, some of the most popular mining video cards for the last few years. The latest release, already a major version 6 brought more fixes and optimizations in terms of performance. As one would expect Nvidia is left behind once more, even though there were some signs that recently it was starting to catch up to the levels of performance of AMD GPUs, it is now yet again significantly slower. So owners of Nvidia-based mining rigs might want to switch to some other alternative for mining at the moment after the latest performance boosts from Claymore. Do have in mind however that Claymore’s Zcash miner does come with a 2.5% dev fee, below is a list of major changes and updates of the miner after the initial release:
You will also need a mining pool to direct your hashing power to. You can compare features and reviews on multiple Zcash pools here. We are going to choose nicehash pool for this guide, but it will work with any poo
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You will need to pick a pool that supports Zcash. Some of the more popular pools include Flypool, Nanopool, Nicehash, Suprnova among others. You can get a more detailed up-to-date list by searching Google for “Zcash mining pools”. For this guide I will be using the Flypool Zcash mining pool.
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Now I will say I know how to use Linux and I have built quite a few computers with this OS, but this is just a list of dependencies that if I run all of them I don’t have any problems. Some of them might not be needed, but they won’t hurt. You will want to open your terminal by pressing ‘Ctrl+Alt+T’, and copy and paste these lines into the terminal and press enter. To paste into the terminal you can not just press ‘Ctrl+V’ you need to press ‘Ctrl+Shift+V’. And if for some reason you need to kill a process that is running in your terminal you need to press ‘Ctrl+C’. So here are all the dependencies, this is easily the longest part of the tutorial.
The other thing wallet that you need to complete the mining process. You require a wallet to receive, send and store your funds. There are multiple GPU wallets available and you can choose the right one. You can compare the features and reviews.
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.
CRITICAL BUG in version 3a and 3b, the servers are always redirected to the EU, although the script to hk .. and version 3 is very unstable, often reporting zero (0) sol .. so, UPGRADE immediately to version 4
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.
There’s no payout. Reach 700, took a screen shot, but no income. If I could give lower than one star I’d do it. It also forces to open up a coinbase account specific for this app even if I already have one.
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.
The good news is that getting started with Zcash mining is very simple. You don’t need to download the full Zcash blockchain or manage clunky command-line miners with manual instructions; you can mine directly to an exchange or to a hardware wallet such as Trezor or Ledger Nano S. Of course, you should always do your due diligence to ensure your coins will be properly supported before sending them anywhere.
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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.
Buying gear and mining cryptocurrency with it allows you to own an income-producing asset in the gear itself, with aftermarket resale value holding up very well and even appreciating. GPUs purchased for mining in 2015 and 2016 were often sold at a profit in 2017 due to high demand in the market!
For those with inexpensive power, this is not an issue. For those with expensive power, it can be the largest recurring cost for Zcash mining. Using our power consumption and hash rate data, here is what profit per day looks like with $0.10/ kWh, $0.20/ kWh and $0.40/ kWh power: