FinCEN The Financial Crimes & Enforcement Network functions under the authority of The United States Department of the Treasury. FinCEN is the portion of the agency charged with combatting money laundering and other illicit financial practices. They are currently one of the lead agencies trying to figure out how to regulate and monitor the flow of Bitcoin.
Hey Charlie, OK, I expect you’re checking that out on the South African Bitmart.co.za site which sells miners and other crypto gear? It’s their name for 6x 1080 GPUs in a re-assembled rig… So sure, it’ll be good for mining zCash, as that’s its intended purpose after all and the 1080 GPU is a good miner. That said, electricity in SA has become pretty expensive and Bitmart’s prices are fairly steep. Their setup goes for R88k but I see that a single GT 1080 (basic model, not the Ti) goes for about R10k on Evetech: https://www.evetech.co.za/PC-Components/buy-nvidia-geforce-gtx-graphics-cards-47.aspx You should check which… Read more »
Replace “eu” for your location, “ZEC-ADDRESS” for your zcash wallet address (transparent address) and lastly replace “-og 0” for the number of GPUs you’re using (as in -og 0 1 2 if you’re using 3 GPUs)
If you are mining where power is expensive (e.g. Northern California), then that will significantly hit profits. What this does not take into account is that if you are doing this in a home or office where you also need to pay peak pricing and air conditioning costs, the profitability can be much lower. On the other hand, if you are in a data center then you can easily plan for power and cooling costs.
Pro tip: check out the following GPUs: Nvidia’s GTX 1060-6GB/1070/1080 Series; AMD’s RX 470/480, RX 570/580, R9 Series, or HD 7990/7950 (if used cards are available, try to get them from a gamer instead of a miner, with a warranty if possible). As with everything, do your own due diligence to evaluate GPUs based on their hashrates, power requirements, availability, and price.
Digital currencies are mine to a transparent address but it can be spent to shielded address or Z-address. This currency should be swept out of the transparent address in one transaction without any changes. You should use the Z-sendmany command to send currencies from a transparent address to shielded address. You need 4GB RAM for this process.
Experimentation with various GPU selections in the calculator will reveal a card with the best price-to-performance-to-power consumption combination (expressed as MH/s per currency unit). Keep in mind that AMD cards outperform Nvidia cards for Ethereum mining purposes on the EthashAlgo, but AMD doesn’t beat Nvidia when it comes to the Equihash algorithm using the EWBF Miner.
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:
Once your Trezor is setup, then the Trezor web wallet will display a list of addresses under the Receive tab (if I remember the tab’s name correctly, it’s something like “Receive”). Just select any address listed there and plug it into your mining pool / software as your payout address.
Keep in mind that many of the pools above support several other cryptocurrencies. Also, considering that the field is very active, there might be other pools that have emerged since the time of writing.
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.
If you want to dual-boot and not just clean install you will need this step. Right click on the windows start menu, on the bottom left and select ‘Disk Management’. Select your main HDD or SSD that you want to dual boot from, right click on it and press ‘Shrink’. I suggest using at least 32gb just to be safe.
Not everyone has access to a computer, however, and not everyone has the 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.
Hey guys, thanks for the fantastic guide. I have a windows 10 system with two nvidia GPUs. One is gtx 960 and the other is gt 710. I am using escavator for mining zcash. I m getting 127 H/s if i use only my gtx 960 GPU. When i added the second GPU, escavator does not read it, ( windows does), still getting 127H/s. How do i increase this? Any ideas pls.
The EWBF CUDA Zcash Miner has a built-in developer fee that is set at 2%, meaning that every 10 minutes the software will switch to a different pool and mine for the developer some shares and then get back to mining for you. The author of the software claims speeds of about 250 H/s for Nvidia GTX 1070 while the NiceHash EQM miner does currently about 220 H/s on the same GPU. Our quick tests showed a hashrate of about 235-240 H/s average (up to 250 H/s) on stock GTX 1070, so still slightly faster, but not as much as you may want it to… then there is the dev fee as well and it seems that we are seeing somewhat more rejects than, especially when switching to mine for the dev fee. So while this may be an interesting alternative for users willing to mine outside of NiceHash, the actual performance that you may get poolside may not be much different than with what is currently the fastest implementation from NiceHash (taking into account the dev fee and the rejected shares)…
(ZEC) This is what happed to me. I lost one “Pending” payment, and that “Pending” last for at least 6hrs. When I woke up in the morning, that Pending was gone, no payment. I checked all the top miners, they have the same thing, I don’t know if they notice or not. Many times, the number for “Balance” freeze for couple hrs. I’m pretty confidence to say that, nanopool does steal coins. However, I tried flypool (steal hashes), and Dwarfpool, and turns out this pool is ok to mine.