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.
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.
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:
GPU Graphical Processing Unit, a GPU (or commonly just referred to as a graphics card) was previously the dominant way of Bitcoin mining. It was way beyond the efficiency of a CPU and plenty common among computer users to gain widespread adoption. With the increase in the difficulty it has recently become too inefficient for most to continue mining with GPUs as their electric bills now compete with the value they generate. For futher details, please see our hardware page.
The dstm’s ZCash Nvidia Miner is supposed to be slightly faster than the popular and widely used EWBF’s CUDA Zcash miner that has not been updated for quite some time, so you might want to give the new miner a try. Our initial tests show a bit better hashrate with the same GPU settings as with the EWBF, though the difference is not huge. Do note that dstm’s miner has its own specifics that you need to get used with such as the use of a separate thread for each GPU and getting 6 separate workers on the pool from one mining rig for example. The interface could also use some improvements and some color coding can further help in readability, but in general it is quite Ok even at the moment. Do note that the 64-bit Windows binary is built with Visual Studio 2015, so if you do not have the Visual C++ Redistributable for Visual Studio 2015 installed you might get an error about a missing DLL.
For perspective, I run several of the Gigabyte “ITX” one-fan GTX 1070 model cards on Folding@Home – which pushes a card quite a bit harder than ZCash mining does – and they stay plenty cool as long as the ambient temperature doesn’t get very high.
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.
For those who may be unfamiliar, Pascal is the code name for Nvidia’s latest micro-architecture which includes all GeForce 10 (10xx) series cards, such as the GTX 1050, GTX 1060, GTX 1070, GTX 1080, the Ti variants as well as Titian X and Xp cards. So basically the miner is optimized for Nvidia 10 series cards, but should still work with most Nvidia cards that have at least 1 GB of on-board memory and Compute 2.0 or higher capabilities.
The answer? Difficulty. By automatically adjusting the computational difficulty of solving a block, the Zcash blockchain is able to maintain 2.5-minute intervals. You’ll notice that difficulty closely tracks hashrate, and it, too, has seen exponential growth this year:
Hash (Rate) A hash is the output of a hash function and, as it relates to Bitcoin, the Hash Rate is the speed at which a compute is completing an operation in the Bitcoin code. A higher hash rate is better when mining as it increases your opportunity of finding the next block and receiving the reward.
Just in time for Christmas a new NiceHash EQM 1.0.4a miner is available with about 10-15% speed boost for owners of Nvidia GPUs mining Zcash (ZEC). Like previous versions of the EQM miner it will only work for selling your hashrate on NiceHash, so not able to mine on another pool with it. The latest speed bump is intended for SM52 and SM61 capable Nvidia GPUs (that means only 9xx and 10xx cards), so no speedups for owners for first gen Maxwell GTX 750 (Ti) unfortunately. Currently only a Windows version is available. We are seeing a nice bump from about 320 H/s with the previous version to a little over 360 H/s on a stock GTX 1070 GPU with the 1.0.4a, overclocking brings even more hashrate.
Currently the NiceHash EQM Zcash miner is the fastest ZEC miner out there for Nvidia GPUs with the latest release bringing up to almost 50% increase in performance for most Nvidia GPUs. Everything would have been perfect if you could use the miner for other Zcash pools, but the EQM miner is still only supporting the NiceHash service, so you cannot mine ZEC with it, just sell your Zcash hashrate and get paid for it in Bitcoin. The recently released EWBF CUDA Zcash Miner is probably the fastest ZEC miner for Nvidia GPUs that is available for Windows that you can use on other pools for mining Zcash directly, though it is slower than the latest EQM miner release and that one also comes with 2% dev fee (no fee on the NiceHash miner, but only locked to their service).
2. All sales are final. No refunds will be granted. Defective miners can be repaired for free if they fall under the Asic Miner Market warranty policy. After the warranty period, machines can be repaired at the cost of parts and labor.
At the beginning you could effectively mine Zcash with just a CPU, but due to advancements in software GPU’s have a huge advantage over CPU’s. You can still use a CPU to mine but your return will be very low, so all of the serious miners use GPU rigs. GPU miners will often fall into one of two camps:
ASUS GTX 980 Ti STRIX OC 6GB 495 1468 3305 382.53 275 +109 Core clock, +100 Memclock, +50mV min +37mV max, fan auto, 110% powertarget, 91°C Target. Maxes at 79°C while mining EWBF 0.3.4b Win 10 x64 Kappawaii new / used as of June 2017
Tags: Bminer, Bminer CUDA miner, Bminer Equihash miner, Bminer Nvidia miner, Bminer ZEC miner, CUDA equihash miner, cuda miner, Equihash miner, Nvidia Equihash miner, Nvidia Zcash miner, Nvidia ZEC miner, Zcash miner, ZEC miner
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:
Private Key This is the part of data that you keep secret in your Bitcoin wallet. Every Bitcoin address has a unique private key attached. Possession of this key is what allows you to maintain control of those bitcoins. If someone else is able to obtain your key, they also have control of your bitcoins.
As we have done for Monero CPU and GPU mining, we have an easy-to-use Zcash NVIDIA GPU mining instance using the popular EWBF v0.3.3b miner. One command and you can start/ stop miners targeting single GPUs and be mining in a matter of seconds.
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
If you are a beginner you should know how to install and use this software. This software takes benefit of your CPU to mine. You can also build a dedicated GPU rig for mining the basic software but this is not sufficient. You should decide on software that optimizes to take profit of your GPU.
Cryptocurrency markets are volatile and are rife with manipulation. Zcash is a relatively medium sized cryptocurrency currently valued at around $150M USD (at $104 USD per ZEC.) As points of comparison, Monero’s market cap is about $500M at the time of this writing and larger players like Ethereum and Bitcoin are well over $10B USD each. With such a small market cap, Zcash is particularly susceptible to market fluctuations.
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.
I was skeptical so I have tested myself. This miner is faster than dstm on my rigs by ~2%. The difference is small though. Here is the post I have in bitcointalk, with all screenshots and all my mining logs.
After letting your newly setup miner run for about 20-30 minutes, you can check the pool to confirm you shares are being counted and see some pool-side statistic of your mining progress. On the top right of the Flypool Zcash homepage (shown above) you can enter your Zcash wallet address and click on Check Status to get to your own wallet personal statistics page.
Once you have your batch file configured with your settings, it is time to test it out. Save and close the text editor and then double click on the batch file to run the program. If everything is running correctly you should get a screen similar to the one shown below:
Zcash is a fork of Bitcoin protocol, a currency that brings some major privacy improvements to its clients. A unique zero-knowledge proving technology makes it possible to shield some transaction details from prying eyes, like the sender, receiver and transaction amount. The currency has a strong developers and investors team. 10% of all Zcash tokens to ever be mined are allocated for the employees and shareholders, which is a strong stimulus for them to take good care of the network and ensure its further development and propagation.
ZCash uses Equihash as an hashing algorithm, which is an asymmetric memory-hard PoW algorithm based on the generalized birthday problem. It relies on high RAM requirements to bottleneck the generation of proofs and making ASIC development unfeasible, much like Ethereum.
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):
As you can see, factory overclocked cards to help add slightly more performance in Zcash mining. A direct result of improved hash rate is higher earnings per day. Note, this analysis was done 20 May 2017 and it will have changed in the 48 hours until it was published, but these are good general guidelines:
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
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.
It is advisable to put the fan regularly on a certain percentage so that the heat of the card is about 60 degrees (note that during the day the house is warmer and the temperature will rise accordingly).