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Before we begin, it is important to note that the responsibility of mining rests only with the miners themselves. Caution is required when running a computer and using high power for a long period of time. We have never heard of case where a miner burned a house down, but computers can certainly smoke. In addition, no one is guaranteed to see profits due to fluctuations in exchange rates and a change in mining difficulty level and performance.
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.
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.
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.
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.
Choose and download an appropriate mining program that supports, a: your desired coin (Zcash), b: your GPU (GTX 1080), c: your operating system (Windows 10), and sometimes d: your pool (rarely but does occasionally happen).
I have a Trojan.GenericKD.5331716 in any download for the nheqminer for windows. Does not matter what source I go to. Best be aware. If someone has a source that does not contain it, would be happy to receive.
As you can see our current Hashrate is showing as 506.7 H/s, which is equivalent to the Sol/s reading on the miner. The avergae hashrate is showing as 494.6 and is the effective rate for the past 24 hours. I should point out that this rate is slightly lower than the average mainly as I shut this miner down a few times in the course of writing this guide. The final part are the valid and invalid shares. Obviously you want as near as 100% valid and 0% invalid as possible, but don’t be too concerned if your see 1 0r 2% in the invalid column on occasion.
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
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.
The EWBF Zcash Cuda Miner is written primarily for Nvidia cards running under Windows, and in its description the developer indicates that it is: “Written for Pascal GPUs but works on cards with at least 1Gb memory, and Compute Capability 2 and higher.”
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
just wanted to add: especially the 1060 series is a good candidate for mining with lower power consumation. Even Equihash can be run with like 75 to 84 % power which can result in : 297 Sol/s , 86 watt usage, -> 3.45 sol/w
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
Now me personally I am a little superstittious when it comes to running things and I for some reason like to run my mining programs a super user. This will be a little redundant, but this is just how I do it.
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.
In 2009, Bitcoin was one of the first applications of the blockchain. Since the invention of money, the problem of centralization has always existed. Although it was temporarily solved in the era of the gold rush, when every ordinary man could mine gold and generate money, since then, banks and credit companies took control over the money, shifted over to working with credit, and practically cut off the connection to gold itself and created a monopoly on printing money. Bitcoin returned the possibility of generating money for everyone. It is no coincidence that the process of generating cryptocurrencies is called “Mining”.
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.
All of these calculations can change based on mining difficulty as well as Zcash price fluctuations. Here is a view of what 1 December 2016 to 20 May 2017 Zcash pricing looks like via Poloniex (one of the larger exchanges):
Using this miner is easy but you have to specify the number of cores you have for better performance. You should check your CPU count by opening task manager. The nicehash miner has 2 versions and comes with it. One version is to get paid in BT C and another in Zcash. Now open the nheqminer_zcash” file now you can start mining with CPU and paste the command given below:
For the nVidia software, we will be configuring the start.bat file. Simply right click to edit in notepad. Once opened, we can set the server address, and your Zcash public address. For this guide we will use the ‘us1-zcash.flypool.org’ server, but choose the server closest to you. Your Start.bat file should now be similar to mine as seen below.
This is a list of the most popular Zcash Mining software for each platform, some of this software contains a built-in developers fee. I try to keep this list up to date as I can, if there is a broken link or missing software please drop me an email.
Encryption the process by which information is protected from others and only accessible to those who have authorization. That is not to say that authorization may not be gained through unintended ways, but that is all dependent on the quality of the encryption.
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While the coins of the “old world” as we all know, were and 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.
–pass z (the actual value of this parameter is usually ignored by pools but oftentimes required by either the pool, mining program, or both. Can be set to something like “X” or “Z” unless your pool requires a specific password).
After you have accumulated a certain amount and you wish to withdraw it, click “wallet” and then “cash out”. Verify the amount and wallet address first. Within a few minutes, the amount will be sent to your wallet.
Learn more about EWBF’s Cuda Zcash Miner – We’ve only exposed you to a few of the settings that are available for use when mining. In the folder with the miner in it, open the HELP.txt file to review all available settings.