Blockchain the public record of all bitcoin transactions. The blockchain may be viewed by anyone and can be used to determine how many bitcoins were attached to any one address at a given time. One place to be able to easily view this information is blockchain.info
The takeaway here is that the hashrate has followed the price explosion, which really took off in May and June 2017. What an amazing bull run! Up to over $400 USD from under $50 USD in a few short months.
Some settings should be modified in Windows to get you ready for mining. First, you don’t want your computer to go into Sleep mode, as it will interrupt your mining. Go to your Power Settings and set Turn Off/Sleep to Never.
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”.
For this test, we are using the EWBF 0.3.3b miner. We are comparing all of the GTX series GPUs in terms of mining performance as well as power consumption. For the NVIDIA GTX 1070, GTX 1080 and GTX 1080 Ti we have both Founder’s Edition and overclocked variants. We did not test the GTX 1050 (2GB) and GTX 1060 (3GB) variants because they have significantly lower value for gaming and machine learning. We are assuming these GPUs are not dedicated miners and instead Zcash mining is something to utilize hardware while it is idle/ offset costs.
For the purpose of this guide, we’re going to do a detailed walk-through of setting up and using the very popular Nvidia EWBF Miner. If you AMD cards, mining Ethereum is usually your most profitable option.
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.
However, if you have Nvidia cards, or if you’re in the market to buy new cards and can’t find any well-priced AMD cards, then mining Zcash on Nvidia GPUs is still very profitable with the EWBF Miner, which is highly optimized to get the maximum performance out of Nvidia’s Cuda cores.
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
Both brands of GPU can be good at mining Zcash depending on the model. It will take some research to find what the Cost/Performance/Electricity consumption trade-offs are. Here a list of places to start:
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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!!
As you can see, pricing has some fairly wild swings. As another example, this article was written Saturday, 20 May 2017 when the price was $104 USD to 1 ZEC. On Sunday 21 May 2017 the price hit $123. At the time of this publication (9AM Pacific 22 May 2017) 1 ZEC is now around $248. Prices fluctuate, a lot.
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.
Although Zcash is already a mature coin, it is still not coming close to the load and size of Bitcoin’s and Ethereum’s chains, so, in most cases, mining it is more profitable. In 2016 when Zcash came into the world, it was very profitable to mine it. Due to the fact that there were only 12 Zcash coins in circulation, the price went up to the astronomical price of 3000 Bitcoins for one Zcash coin!
PIMP team has created your favorite mining software such as BAMT 2, PiMP, PoolManager, SeedManager, FarmWatcher, and Miner.farm. With world-class support, business dev, and server experts. By miners, for miners.
If all is looking good at this point, congratulations, you have successfully setup the EWBF miner and pointed it to a pool and are earning Zcash. After some time you can go to the Payouts tab to get a rough estimate of your expected income, but the numbers don’t really mean much until at least 24 hours of constant mining have gone by.
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:
TBMINER has no duty to provide the service of installing and debugging door to door. The accessories are provided by TBMINER, and the installing and debugging are responsible by the customers themselves after buying. The install video could get from our website, please click to view.
I think I’m ready to start building a rig operating system from a stock OS. I’ll be using lubuntu (my pers fav). MIning rigs make the best home computers I have my smallest rig ( 5 x 1070 Founder edition) in my living room. I hope I get everything running smoothly so I can go ham on packages and running nodes.
Here you can find the submissions to the challenge, along with link to the code hosted on GitHub. Not all submissions received are listed here. If a submission does not appear to include any Equihash code, then it is not published here and was not considered for judgment unless there was code added before the deadline. Submissions are listed in no particular order.
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.
Starting with Genesis Mining who have once more upgraded the Zcash cloud mining hashrate for their existing customers by another 25%. This means that everyone that has already purchased Zcash cloud mining hashrate from them got a nice boost in performance and amount of mined ZEC for free. Furthermore, new customers purchasing Zcash cloud mining hashrate will also get a boost in the hashrate they purchase, however the mining for new contracts purchased at the moment will start on December 1st and not immediately, so pretty much after the slow start for the mining ends.
Here is a quick list of the latest CPU and GPU miners available for mining the Zcash (ZEC) that uses the Equihash algorithm used by the coin. Since most pools and miners are based on Stratum mining support you should be able to use them on almost all mining pools with support for ZEC. What you should be looking for is what works best on your hardware in terms of stability and what provides you with the optimal hashrate in order for you to maximize your profit. CPU mining is still viable as GPU miners are yet to be further optimized to be able to provide significantly higher hashrates, though you should know that the days of the CPU mining of ZEC are probably numbered.
4. For all repairs or RMA, within warranty or not, customer must return the defective parts at his/her own expense after opening a support ticket and troubleshooting with Asic Miner Market instructions.
In order to mine using this guide, there are two things that you’ll need. The first is a wallet to store your funds. There are currently multiple GUI wallets available and you can compare them here. You can also use this guide to learn how to install one of them on Linux. It is also possible to use an exchange as a wallet but we do not recommend it.