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.
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.
Zcash, or ZEC, is a currency that developed from Bitcoin, with the addition of anonymity. While in Bitcoin’s blockchain, anyone can see the transactions between all the addresses and see each address’s balance, with Zcash it is possible to make transactions without revealing the balance of a wallet (which represents an address).
That is when I got a warm welcome into Genesis Mining, which is cloud mining. I was blown away and soon realized this is where the future of mining is headed. The average ROI now is 4 months which gives a whooping 20 months of profit.
Broke the bank to get this card as an open box sale for about 50bux off regular price and it performs exactly as advertised with ethminer (30mh/s). I didn’t try a zcash miner as I immediately switched to running NiceHash with the cool interface. Running NH for 8 days off and on will net me an average of $6/hour. It does double duty at nights running PUBG on ULTRA settings.
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
Zcash makes use of the Equihash algorithm – a Proof of Work algorithm that is unique to Zcash for now. It was invented by Alex Biryukov and Dmitry Khovratovich, and makes use of Wagner’s algorithm to provide the PoW that’s required for consensus in the Zcash Blockchain.
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.
We are proud offer the most bleeding edge software technology to share with our fellow miners and it is a privilege and honor to receive so much support. Thank you to all of our friends, developers and colleagues that share in making PiMP such a success!
The whole process of getting set up, downloading your miner, configuring Windows, and setting up your batch file to run should take less than 20 minutes. Follow along with the steps in the video guide below, or read on for a full text guide.
If you’re reading the newbie’s guide to Ethereum mining and have a GPU that’s powerful enough to make it worthwhile, we’re going to assume you’re running Windows, so we’ll focus on mining Zcash on that platform.
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.
We’ll be starting the miner using a simple text file that tells the operating system to launch the mining program. It also allows the configuration of settings when EWBF starts. These files can be created an edited with any text editor. On the Windows platform, the correct file extension is .bat. On Linux, it is .cmd.