The good news is that getting started with Zcash mining is very simple. You don’t need to download the full Zcash blockchain or manage clunky command-line miners with manual instructions; you can mine directly to an exchange or to a hardware wallet such as Trezor or Ledger Nano S. Of course, you should always do your due diligence to ensure your coins will be properly supported before sending them anywhere.
For a solid budget card, the Nvidia 1060 with 6 GB of RAM is recommended (when in stock and not ridiculously overpriced due to the card shortages we’ve been seeing in summer 2017). This GPU will beat the AMD 480s when it comes to mining Zcash!
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 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.
Two minus signs indicate variables or settings that will be supplied to the miner when it starts. Whatever directly follows a minus sign and setting is the value for the mining software to use. Let’s go through each in this file.
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.
I think I will end this guide at this point for now as it is getting to be quite long. While I originally intended to cover fine tuning and going over other optional arguments that the EWBF miner can use, I think I will wait and make this a two part guide. For now this Part 1 covers the basic setup and configuration of getting the EWBF miner running and shares being submitted to a pool. Since it will usually take some time before reaching a pools minimal payout period anyway, especially for just one or two cards, we have some time.
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.
Encryption the process by which information is protected from others and only accessible to those who have authorization. That is not to say that authorization may not be gained through unintended ways, but that is all dependent on the quality of the encryption.
If you are mining where power is expensive (e.g. Northern California), then that will significantly hit profits. What this does not take into account is that if you are doing this in a home or office where you also need to pay peak pricing and air conditioning costs, the profitability can be much lower. On the other hand, if you are in a data center then you can easily plan for power and cooling costs.
You can mine it to an exchange or to hardware wallet like Ledger Nano S. amd Trezor. In this guide, we have mentioned all about the setting process of Nvidia EWBF Miner. You should know how to set and use it up. Mining process can be very profitable for you if you have any AMD card.
The latest NiceHash EQM Zcash 1.0.3a is available for both Windows and Linux and promises up to 320 Sol/s on a stock GTX 1070, and up to 370 Sol/s on overclocked GTX 1070 (you need to use two instances per GPU for maximum performance). We can confirms hashrates that are very close to the ones claimed on the GTX 1070 and of course the miner also does well on other NVidia GPUs. Do note however that it does require SM 5.0 GPU, meaning Maxwell or Pascal as it will not work on older Nvidia architectures…
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.
I can run it over my laptop with no issue but unable to run it on my Desktop (as it is on domain) Is there a way to run this script over a local network by using my domain username and password ? etc ? Thank you
Today we are going to show you how to mine Zcash with your CPU and GPU on Windows. We are going to use two miners (Software) for each type of hardware: Nicehash miner for CPU and the claymore miner for GPU.
The dstm’s ZCash Nvidia miner has been available for a while and we’ve been keeping a track, but it was only for Linux operating systems – not anymore. With the latest version 0.5.2 the miner is also released for Windows in a 64-bit binary and not anymore available only for Linux miners. The miner is closed source one and comes with a 2% developer fee included. It support Nvidia-based GPUs with Compute Capability 5.0 or later, meaning it is for Maxwell or the newer Pascal video cards. There is support available for stratum as well as for NiceHash’s extranonce, so it can be used there as well without problems for selling Equihash hashrate.
Buying gear and mining cryptocurrency with it allows you to own an income-producing asset in the gear itself, with aftermarket resale value holding up very well and even appreciating. GPUs purchased for mining in 2015 and 2016 were often sold at a profit in 2017 due to high demand in the market!
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.
I think the Nvidia bottle neck applies to anything you mine on Windows. It has to do with the recent Nvidia drivers. That’s why I suggest ubuntu. Now I’m not for sure on Windows 7 because I only use Windows 10 and Ubuntu. If you find something out let me know!
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:
The only drawback is that the miner currently only supports connection to NiceHash, so you cannot use it with other pools. While this might nit be bad during the slow start of ZEC mining, after that you might still want to go for mining and keeping Zcash instead of immediately selling it for profit. Hopefully in the next few weeks we are also going to see more development happening for Nvidia users and that goes not only for Linux, but for Windows users as well.
It’s worth noting that the AMD solutions tend to have a better ROI than than what you’ll get with Nvidia GPUs. However, if you find good oppers on Nvidia GPUs, don’t hesitate to choose those over the AMD alternatives.
There is a new miner for Nvidia CUDA GPUs available for mining Zcash (ZEC) promising a slightly faster hashrate than the currently fastest implementation of the NiceHash EQM Zcash NVIDIA miner. The most important thing about this new miner is that it is not limited to only mining on NiceHash, so even with the same speed it is still a nice thing to have as it supports Stratum mining on other mining pools besides NiceHash (it does seem to support NiceHash’s Extranonce Subscribe as well). According to the author of the miner it is designed for Nvidia Pascal GPUs, but should work on older Compute 3.0 or higher Nvidia GPUs with at least 1 GB of video memory. Do note that the miner is not open source and there is only a Windows 64-bit binary release available at the moment, it does not seem to be based on other popular codebase and is not being reported as malicious software by antivirus products. You might still want to have something in mind as the user that posted it on Bitcointalk is a new account and not an established miner developer, even though it seems that the miner does work pretty well.
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.
Zcash, a privacy centered cryptocurrency, made a mark in the mining scene by use of its ‘Equihash’ Proof of Work mining algorithm. The algorithm distinguishes itself from others with its focus on memory. In short, to mine Zcash, you’ll likely need more memory than what you’d need for other cryptocurrencies. But don’t worry, Zcash’s whopping $350+ USD trading value gives you enough incentive to get started.
If all is looking good at this point, congratulations, you have successfully setup the EWBF miner and pointed it to a pool and are earning Zcash. After some time you can go to the Payouts tab to get a rough estimate of your expected income, but the numbers don’t really mean much until at least 24 hours of constant mining have gone by.
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.
Replace “eu” for your mining pool address found on the pool “Get Started” page, “ZEC-ADDRESS” for your zcash wallet address (transparent address) and lastly replace “-t 8” for the number of threads you want to use. (If you’re using the Nicehash pool, you can use -l to specify your location like “eu” for Europe)
Keep in mind that many of the pools above support several other cryptocurrencies. Also, considering that the field is very active, there might be other pools that have emerged since the time of writing.