[WARN] [2017-12-04T23:58:59+03:00] Get error: A request to send or receive data was disallowed because the socket is not connected and (when sending on a datagram socket using a sendto call) no address was supplied., resetting in 5 seconds
Editor’s Note: We ran this analysis on 20 May 2017 when Zcash’s coin ZEC was $104 USD to 1 ZEC. By the early morning Pacific time of 22 May 2017 that had hit $124. As this is about to publish it is currently at $248 USD to 1 ZEC. These markets fluctuate greatly.
This brief guide is focused on how to mine Zcash with Nvidia GPUs with either the Windows or Linux operating system. Zcash (ZEC), which utilizes the Equihash algorithm, has lingered near the top of the charts for Nvidia mining profits. It’s also traded on multiple exchanges making it easy to exchange for other cryptocurrencies.
Since we included –api you can monitor the miner with a web browser as opposed to the command/terminal window. On the mining rig, navigate to 127.0.0.1:42000 in a web browser. You should see a screen like the one below.
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You can click the Download button for the current driver or choose Download Previous Drivers & Software on the right-hand side. This will allow you to choose an older version that will be a great driver for mining based on your card:
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On the GPU side, we are going to use the Claymore miner. Claymore has a long-standing reputation for optimizing miners and this miner speaks for it. It improves the hashing rate considerably and that is why we are going to take the time to download and use this miner as well. The genoil miner only works for pool mining and with AMD graphic cards. This miner charges a 2.5% developer fee. Every hour the miner mines for the developer during 90 seconds. However, the performance increase is well worth the fee charged. If you don’t agree with the dev feem, don’t use this miner
Transaction Fees This is a small, optional fee attached to a Bitcoin transfer. Upon the completion of all 21 million bitcoins being created, these fees will provide the reward to encourage miner to continue mining and verifying the network transactions.
The world of cryptocurrencies is growing at an accelerated pace. The crypto market cap continues to grow with record breaking volumes. The basis for creating value in the crypto world is the mining process for major and veteran coins – with Bitcoin leading them.
Another popular service for renting and leasing hashrate, namely Mining Rentals has yet to introduce support for the new algorithm used by Zcash (ZEC), so for the moment it is not interesting option for people that are all into Equihash. With the big interest however we are not going to be surprised if they don’t take much time to also introduce Zcash support in the next days.
First, head over to whattomine.com, which provides up-to-date figures for current prices, block times, and network hashrates (as measured in megahashes per second, or MH/s, denoting millions of calculations per second).
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
Patrick has been running STH since 2009 and covers a wide variety of SME, SMB, and SOHO IT topics. Patrick is a consultant in the technology industry and has worked with numerous large hardware and storage vendors in the Silicon Valley. The goal of STH is simply to help users find some information about server, storage and networking, building blocks. If you have any helpful information please feel free to post on the forums.
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 »
Earlier today Zcash (ZEC) went live as expected and people are already starting to mine it, some of them probably are still not aware of the slow start with very small block rewards initially. Regardless, with what is available as miners at the moment there are pretty much two places where you would want to go for mining if you still haven’t done so. The first one for CPU mining and CUDA mining is Flypool that uses a modified version of NiceHash’s stratum miner available for download here CPU/CUDA miner for Flypool.
The first question everyone asks once they have decided to try Zcash mining is “What hardware is best to mine with?” This question is not easily answered because there are many improvements in hardware and software happening on almost a weekly basis. To start, mining falls into one of two general categories
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.
Bminer is a relatively new miner for Nvidia GPUs for mining cryptocurrencies using the Equihash algorithm such as Zcash (ZEC). It is a closed source miner, available for both Windows and Linux operating systems and comes with a 2% dev fee included (optional, though disabling it apparently removes some optimizations). Bminer comes as an alternative to the popular EWBF miner, the development of which has been stalled for a while already, as well as the more recent dstm ZCash CUDA Miner that looks promising and is actively being developed, but still lacks some features such as failover pool support for example. So any new alternatives such as Bminer that are being actively improved and developed are more than welcome for the users and the crypto community as well.
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.
Cpu Mining is not profitable when you pay for electricity. When I bought my rig last October I bought some expensive i7 6800k CPU. It was profitable for the first days and had around 38H/S But then GPU Hashrates got better and I turned CPU Miner off.
Next, you will have to ensure you have the correct virtual memory enabled (minimum 16GB). To do this, search for system in the start menu. Open system and on the left hand side click ‘Advanced System Settings.’ Go under the advanced tab, under performance settings, and advanced again. Then click ‘Change’ under virtual memory. Uncheck the box that states to ‘Automatically manage paging file size for all drives’ and then input a custom size of 16384 (or whatever is the maximum allowable value up to 16GB) into the Initial and Maximum size fields. This will prevent you from having any errors with virtual memory.
Plug in your card at the top and click on the model number (the red square below), and the hashing and profitability info will be displayed below (click Equihash to make it blue so it will calculate).
Asus GTX 760 DirectCU2 OC 2GB 60 4 1290 6450 368.81 99 Power target 105%, Coreclock +218 MHz, Memclock +442 Mhz, Min GPU voltage +100mV, fan manual 100% EWBF 0.3.4b Win 10 x64 Kappawaii new / used as of June 2017