Ethereum value does fluctuate like many similar currencies but at it’s current value a return on investment in a few months is very likely . This is not guaranteed as I have no control over the value of Ethereum however it is showing great promise as many major institutions are investing. In addition to the value in mining Ethereum this system is flexible as it is a ASIC based miner so it can mine virtually any GPU
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.
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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 the preferred way to mine for most lower-hash miners.
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Could u please run another test. Set your cpu-governor to performance mode this time. The miner is highly multithreaded. Since it scales so bad compared to a 1070 – it could be due to scheduling latencies. So if u have some time pls test with cpu-scaling governor set to performance.
Once you have decided to start mining Zcash and have a good idea of what Hardware you want to use the next step is to find the right Software. There are several types of software that work with different hardware configurations including the official Zcash miner.
For this reason, miners started to work in groups, which are called pools. A pool of miners unites the calculation power of a workforce of small miners in order to obtain a significant mining power (aka hash rate), thus increasing the chance of solving a puzzle and getting the reward for it. Each miner in the pool, gets a “share” of the reward, according to the amount of power he contributed to the pool.
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.
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.
As solving these mathematical puzzles had become difficult, mining pools are being used. A mining pool is a joint effort between miners, so that even a miner with a relatively small amount of processing power can enjoy the reward, without having to solve the whole mathematical puzzle by himself, as it requires a lot of computing power (Hash rate). In the early days of Bitcoin, it was possible to mine Bitcoin with a standard processor of a personal computer (CPU mining). Afterwards, as the network grew bigger, the difficulty of solving these puzzles grew too, and it was no longer possible to mine using a CPU. For this reason, people shifted to using powerful “gamers” graphics card processes (GPU mining), as their design solves those puzzles much faster than a CPU. The next step was to shift over to ASICs (Application Specific Integrated Circuits which are basically dedicated machines built for the sole purpose of mining). Today, Bitcoin’s network is so heavy, that nobody can mine Bitcoin by themselves. As an individual miner’s power is relatively small, he will probably not be able to solve any puzzle before other more powerful miners do and new puzzles are issued, resulting in wasted work which practically gives zero income (in theory, an individual can solve a puzzle by themselves, but with Bitcoin the chances of success are smaller than winning the lottery).
–server us1-zcash.flypool.org (the — indicates a parameter with a valid keyword will follow, in this case server. Then a space and the variable for the parameter, in this case the flypool server address.)
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.