There are many risks when it comes to Zcash mining on your NVIDIA Pascal desktop GPU. First, Zcash pricing can be unpredictable. We have seen major drops in value before (depicted above.) One also needs to be able to convert Zcash to standard currency which may incur transaction fees and/ or be difficult.
Not everyone has access to a computer, however, and not everyone has the time, 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.
Cold Storage This is the process of moving your bitcoins to an offline wallet. The benefit of this is that no one can hack into your computer and steal your private keys if your computer is not connected to a network. Bitcoins will need to be brought back out of cold storage to be spent or transferred again.
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.
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 »
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.
We all love getting consistent feedback for our work. After all, there’s nothing more frustrating than mining into the void. That’s why mining pools are so popular for miners nowadays. Instead of waiting to receive rewards on your own (which takes very long because of how unlikely it is), just join a pool to receive a fair proportion in the worth of your hash contribution to the network. Mining pools break up the rewards proportionally between all participants, which is why it’s the preferred way to mine for most lower-hash miners.
lolMiner-mnx is a new miner for Mining MinexCoin (MNX) or any other coin that uses the Equihash 96/5 algorithm. Do note that the this is not the same algorithm used by ZCash (ZEC), there it is Equihash 200/9, so this miner is not compatible for mining traditional Equihash coins. The lolMiner-mnx is a closed source OpenCL miner being developed from scratch, so it is not based on existing opensource code. Currently it is available as 64-bit binary releases for both Linux and Windows, although it uses OpenCL it should compatible with pretty much any GPU including Intel and Nvidia and not only AMD.
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 have AMD cards, mining Ethereum is usually your most profitable option.
Zcash mining is very simple and it is good news for beginners now they need not to download full Zcash block chain. They need not to manage clunky command line miners with manual instructions. If you are a beginner you can go for Zcash mining directly.
Following the startup information. we can see we are getting block information from the pool and that our graphics card(s) are detected and being assigned new work. After a little bit you shoudl start seeing shares accepted messages indicating your GPU has found a solution, submitted it the the pool and it was accepted.
GeForce GTX 680MX, GeForce GTX 680M, GeForce GTX 675MX, GeForce GTX 675M, GeForce GTX 670MX, GeForce GTX 670M, GeForce GTX 660M, GeForce GT 650M, GeForce GT 645M, GeForce GT 640M, GeForce GT 640M LE, GeForce GT 635M, GeForce GT 630M, GeForce GT 625M, GeForce GT 620M, GeForce 610M
If you are mining at home or by yourself, you should join an existing mining pool. You can choose mining pool to get it started with this process. You need a mining pool to direct your hashing power. You should compare reviews and features of multiple zcash pools in order to get right decision. You should choose the nice hash pool to get profitable mining experience.
Zcash is an open source cryptocurrency that focuses on the privacy element. This cryptocurrency is mineable utilizing the CPU, and/or GPU. It is a popular currency to mine with nVidia GPU’s as the algorithm hashes better on these GPU’s vs. their AMD competitors. The GTX series is the most popular for mining Zcash.
Install your GPU drivers as you normally would and reboot. You’ll know your GPU has been recognized correctly if you go to Device Manager (search it in Windows search bar) and you don’t see any warning marks on your GPUs. They should look like this:
Now with all that said, it also does not mean that a mining program cannot contain a virus, or that it isn’t a virus itself, so don’t just blindly trust it either. It is just that there is a valid reason for a high rate of false positives when it comes to such software. Just as a general rule, I would not load any mining software on a machine contains a cryptocurrency wallet, or one that you do any type of financial work on. It is best to play it safe and keep your mining rigs separate from your important information, so a separate machine is best that is dedicated to mining if possible.
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Click on “workers” and choose one of the jobs (Account’s default jobs) according to your card. Run the file you have created (mine.bat). Make sure that there are no errors and that a message approving your worker has been received. If you did not get this message, it means you did something wrong. After the program starts running you will see that the worker (called the miner) is added to the “workers” screen. On the site, click “Dashboard” to see data about the mining (it will take some time until you see something; it is updated according to the work that the mining machine does).
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.
According to its developers and most users that have tried the Bminer already it is the fastest publicly available Equihash miner for Nvidia GPUs and we can confirm that our initial impressions are showing a better local hashrate compared to the alternatives mentioned. So if you have a Compute Capability 5.0 or newer Nvidia GPU used for mining you might want to give Bminer a go and see if it will work better for you. The miner does come with SSL support as well as Nicehash support, has some interesting extra features, though it is still very easy to use. There is also an API and a web-based interface available for monitoring of your mining rigs that can be quite useful, so go and give it a try and report your results.
You need to take in to consideration the system which requires another 100w. 1080 with 80 percent power and 2 1060 also at 80 percent power should be fine. If it doesn’t work try to reduce power further to 75 percent. I have my 1080s set to 70 percent power.
For the nVidia software, we will be configuring the start.bat file. Simply right click to edit in notepad. Once opened, we can set the server address, and your Zcash public address. For this guide we will use the ‘us1-zcash.flypool.org’ server, but choose the server closest to you. Your Start.bat file should now be configured similar to mine as seen below.
The blockchain allows the transfer of funds in a decentralized manner, while security and fraud-prevention are carried out by encryption, hence the name crypto, as cryptography is the discipline of encryption. Encrypting and verifying a transaction requires work. Computers which do this kind of work, which is basically solving a mathematical puzzle, get to write the next block in the chain, and are rewarded with coins for it – this is practically the mining operation. The more miners a network has, the stronger it is and the faster and more secure it is.
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.
For the CPU part of this guide, we are going to use Nicehash miner. While this miner works for both CPU and GPU, we are going to get the best performance if we use different miners for CPU and GPU. This is because the Claymore miner is faster but only works for CPU.
Genoil’s latest ZECMiner is pretty much the fastest public OpenCL miner (Windows binaries only) for Zcash at the moment, though there are some stability issues with cards dropping to 0 Sol/s and the miner crashing. The situation improves with each new version, but the miner is still not that good stability wise. The latest Nheqminer supports OpenCL mining, but is slower than ZECMiner, even though stability wise it is better… it is much better for CPU and CUDA mining though. Hopefully soon there will be other faster GPU miners that will offer more stability and features along the improved mining speeds, but for now you will need to do with what is currently available.