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.
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The card should have at least 1 GB of RAM, or it won’t be able to properly mine Zcash. This is a correction from the video, as EWBF supports GPUs with just 1 GB of RAM, compared to Ethereum’s 3 GB requirement. However, many older cards may not be energy efficient enough to turn a profit, so check on whattomine.com by entering your card’s info.
I will go through start to finish on how to set up a Zcash miner on Ubuntu. This is because if you are mining with an Nvidia Graphics card the windows drivers are a little wonky so you will be limiting your hashrate. For me I have 2 GTX 980ti’s in my gaming computer. When I mine Ethereum on windows I get around 5 Mh/s and when I mine on Ubuntu I get 40 Mh/s. For those of you with gaming computers this can be a nice passive source of income while you aren’t playing games. Also AMD GPUs tend to be better at mining Ethereum, but Nvidia GPUs are better at mining Zcash. So if you have an Nvidia GPU I would suggest to mine Zcash. I do. If you have AMD GPU’s I would suggest looking at this guide here.
Check out Mining Pool Hub and the MultiPoolMiner they link to on their site. You can do CPU mining with it. It will benchmark several different miner applications and automatically switch to mining the most profitable coin. You can also select to be paid BTC/ETH/etc.
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
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.
While the coins of the “old world” as we all know, were still are issued by centralized bodies such as banks and governments, and are created as printed bills or banknotes, the process of creating money in the world of crypto is decentralized.
After letting your newly setup miner run for about 20-30 minutes, you can check the pool to confirm you shares are being counted and see some pool-side statistic of your mining progress. On the top right of the Flypool Zcash homepage (shown above) you can enter your Zcash wallet address and click on Check Status to get to your own wallet personal statistics page.
Claymore has updated his ZCash AMD GPU miner to version 12.5 adding support for the ZCash forks (altcoins using the same Equihash algorithm) as well as doing some more improvements to the miner. The latest version comes with improved fans management for latest drivers and Polaris cards, added shares-per-GPU statistics when “s” key is pressed, addend an option to use a password for remote monitoring as well as included EthMan v3.0 which supports passwords and email notifications. This is currently the preferred solution by most miners mining ZEC or other coins based on the Equihash algorithm for AMD OpenCL GPU mining rigs, the miner does not yet have support for Nvidia GPUs. Nvidia miners can go for some of the available options for CUDA mining such as the nheqminer, excavator or EWBF’s CUDA Zcash miner for mining coins using the Equihash algorithm on their hardware.
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
You can mine it to an exchange or to hardware wallet like Ledger Nano S. amd Trezor. In this guide, we have mentioned all about the setting process of Nvidia EWBF Miner. You should know how to set and use it up. Mining process can be very profitable for you if you have any AMD card.
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.
Today we are going to show you how to mine Zcash with your CPU and GPU on Windows. We are going to use two miners (Software) for each type of hardware: Nicehash miner for CPU and the claymore miner for GPU.
Here you can see the miner.exe which is the main program, a couple of support dll’s (Dynamic Link Libraries), a help.txt file with some basic command overviews, as well as several .bat (Windows batch) files with example configurations for several mining pools that support Zcash.
The miner still needs some work, especially on Nvidia GPUs where by default it is pretty heavy on the CPU load and memory usage as well. It is recommended that Nvidia users add the parameter –enable-nv-hotfix in order to reduce the CPU load a bit, but still running the miner on the main GPU may make the system a bit unresponsive even with that parameter. Still if you are interested in mining MNX (even with the high hashrate and low block reward at the moment) or any other Equihash 96/5 coin you might want to check the lolMiner-mnx out.
Finally at the bottom we have the per worker statistics. If you have only one worker all these fields will show the same statistics, but this area breaks out the data for individual workers, where everything above was an aggregate of all your workers.