In either case it continues like this indefinitely, seemingly without getting any real work done. EWBF and dstm miners have been working fine both with and without VPN. I’m using a GTX 1070 on Windows 10. Please advise.
Since cryptocurrencies have risen exponentially in the past few months people want in. One of the best ways to make money with currencies like Ethereum and Bitcoin is to ‘mine’ them. When you mine a cryptocurrency you are running a program on your computer to use your computers computing power on the network. Whenever your computer solves a piece of the puzzle, a block in the blockchain, your miner is rewarded. There are two main ways to mine:
There is a new miner for Nvidia CUDA GPUs available for mining Zcash (ZEC) promising a slightly faster hashrate than the currently fastest implementation of the NiceHash EQM Zcash NVIDIA miner. The most important thing about this new miner is that it is not limited to only mining on NiceHash, so even with the same speed it is still a nice thing to have as it supports Stratum mining on other mining pools besides NiceHash (it does seem to support NiceHash’s Extranonce Subscribe as well). According to the author of the miner it is designed for Nvidia Pascal GPUs, but should work on older Compute 3.0 or higher Nvidia GPUs with at least 1 GB of video memory. Do note that the miner is not open source and there is only a Windows 64-bit binary release available at the moment, it does not seem to be based on other popular codebase and is not being reported as malicious software by antivirus products. You might still want to have something in mind as the user that posted it on Bitcointalk is a new account and not an established miner developer, even though it seems that the miner does work pretty well.
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.
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Right click on the bat file called “flypool” and hit Edit. The file will open in Notepad. Paste what you’ve copied from the flypool website. I’m going to update my server to “us1” instead of “eu1,” and I’m also going to remove the “—cuda_devices” language at the end. This language is used if you want to designate mining only to certain devices (for example, if you want to game with one GPU and mine with the other two). If you want to mine with all devices, you can delete the —cuda_devices designation.
On October 28, 2016, the launch of Zcash made ZEC coins available for 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.
I don’t fully understand your question. Only the machine running the zcash4win program will do that actual mining, using its system resources. However, you can have a Zcash wallet on any machine and the mining rewards can be sent to that wallet. So you can have one machine doing the work of mining and any other machine to receive the Zcash which is mined. Hope that helps.
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.
Please keep this in mind before you assume that this is profitable and buy hardware. If you were mining in December 2016 assuming a $90-100 price, by January 2017 to early March 2017 your Zcash stash was worth 1/2 to 1/3rd.
For now though, just keep the miner running for 30-60 minutes at default settings just to make sure everything is working properly. This will also allow time for your card to find a few shares and for the pool to accept them and tabulate them on your wallet display page. There can be sometimes a 10-15 minute delay from when your shares are first accepted and any statistics to appear on the pool side, so now would be a good time to go grab a cup of coffee.
The following explanation is about how to mine Zcash (very profitable currently at the moment as of writing this article) in a pool called miningpoolhub. It is possible to mine many other coins through this pool, but you need to download other mining software to do so.
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.
Ran the same settings on both miners and it’s more like 4-5% more than EWBF. 1080 + 1070 =~1020 Sol/s on Bminer with 60% Power limit and 350 W at the wall. On EWBF it’s ~970 Sol/s for both. The 1080 gets the biggest boost on Bminer about 10% ~574 Sol/s with 60% power limit. I’m mining on Flypool which only shows the effective hash rate, so it will take a while to be accurate but it seems legit.
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Now that you’ve got your hands dirty, just sit back and watch your zcash roll in! Be aware that you are mining to a transparent address (it starts with t). You can follow this guide to learn how to create a private and transparent wallet
Thank you for the tutorial. I am a total noob and this worked just great! I would like to try the new version that incorporates the GPU. I have a nvidia. I downloaded the three folders, but it is completely different and has no batch file. I am at a loss, and their instructions don’t help me. Any advise is appreciated.
You should also go through the various guides that help learn how to install any of them wallet. You can also use an exchange as a wallet but this is not recommended. Once you have your pool and wallet ready, you can start process of Zcash mining.
AsicMiner Market team has been building and selling mining rigs, creating custom firmware for ASIC miners (padrino Jupiter firmware, padrino Titan firmware), and consulting on large GPU and ASIC deployments since 2011, when Bitcoin was just starting to gain popularity. We will be around for the future and are happy to help with projects of any size.
Not everyone has access to a computer, however, and not everyone has the time, knowledge or patience to start mining Zcash on their own, especially since there is no Graphic User Interface (GUI) Miner available yet. If you want to mine on your own computer, but need a little push to do so, you’re in the right place. But if you’re looking to profit from Zcash mining with no effort at all, this guide will do the trick.
August update on my mining farm, proudly joined the 30,000 club with over 30k sols / hash on equihash which I am currently mining Zcash or ZEC with. I am using the 1080 TI, 1080 TI, 1080/1070/1060 Mini Trio GPU DIY Rig build.