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.
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.
I briefly mentioned it while reviewing the EVGA GTX1080 card, but I thought I would take some time to go over EWBF’s Zcash Cuda Miner in more detail and help anyone unfamiliar with the program or mining in general to get setup and running quickly with it under Windows.
As we have done for Monero CPU and GPU mining, we have an easy-to-use Zcash NVIDIA GPU mining instance using the popular EWBF v0.3.3b miner. One command and you can start/ stop miners targeting single GPUs and be mining in a matter of seconds.
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.
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.
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.
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.
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.
Because of the slow start mining that Zcash has implemented the block reward is still growing, so even with price going down and the total network hashrate going up the overall profit for mining and selling Zcash remains pretty stable and most importantly pretty high compared to other crypto coins at the moment. Because of that it is a wise decision to mine and sell Zcash at the moment until the end of the slow start of mining when the block reward will stabilize at the maximum level of 12.5 ZEC and that should provide a more stable price per coin than at the moment. Mining ZEC coins now and keeping the coins may result in them loosing significant value at least in short term, though in long term it might still be a viable option, so consider what to do carefully.
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.
At the beginning you could effectively mine Zcash with just a CPU, but due to advancements in software GPU’s have a huge advantage over CPU’s. You can still use a CPU to mine but your return will be very low, so all of the serious miners use GPU rigs. GPU miners will often fall into one of two camps:
Linux users would probably want to go and try the latest version of the Silentarmy miner that also brought support for Nvidia GPUs and is apparently providing similar performance as the NiceHash release for Windows. Also the Silentarmy miner is doing pretty well on AMD hardware, so do try it as well if you have such mining rigs and are running them on Linux.
Simply plug in Freedom Miner to any 110-240V power outlet, plug in the Ethernet connection to your router or cable modem, turn it on and it will begin mining right away. A typical 15A circuit can support two Freedom Miners (7.25A / Unit), assuming no other equipment is being powered at the same time.
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:
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!!
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In terms of durability, 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.
For this reason, miners started to work in groups, which are called pools. A pool of miners unites the calculation power of a workforce of small miners in order to obtain a significant mining power (aka hash rate), thus increasing the chance of solving a puzzle and getting the reward for it. Each miner in the pool, gets a “share” of the reward, according to the amount of power he contributed to the pool.
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.
Could u please run another test. Set your cpu-governor to performance mode this time. The miner is highly multithreaded. Since it scales so bad compared to a 1070 – it could be due to scheduling latencies. So if u have some time pls test with cpu-scaling governor set to performance.
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 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.
I’ve done a search here and no one is talking about Bminer a new Equihash miner released last month. from gpumining 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. I saw this post: https://bitcointalk.org/index.php?topic=2519271.320 and tried it out. Using the exact same stable msi AB settings I… Read more »
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.
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.
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.
* The nheqminer is available with hardcoded pools from nicehash, suprnova and other mining pools supporting Zcash, so make sure you download the correct version for the pool you are going to be mining at.
Once you have your batch file configured with your settings, it is time to test it out. Save and close the text editor and then double click on the batch file to run the program. If everything is running correctly you should get a screen similar to the one shown below: