Bitcoin Gold blockchain database is going to be secured with Equihash algorithm that is ASIC resistant. Being able to mine bitcoin with conventional GPU hardware ensures Bitcoin Gold network security functions are well distributed across the world.
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.
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).
In the miner window it reports higher hashrates for 1060 3GB, approximately 20 sols/s more compared compared to ewbf or 10 sol/s more compared dstm miner. Now it needs to be tested if hashrate on the pool is as high as reported.
Several months ago, we tried Zcash mining in Docker and even published Docker containers for CPU mining. Although we have CUDA enabled Monero mining containers, they performed well, but not significantly better than CPU mining. When we built a new image with Pascal GPUs we found that NVIDIA GPUs can keep up profitability in-line with using AMD GPUs to mine Zcash or Monero.
Today the blockchains of Bitcoin and Ethereum are so heavily loaded, that even participation in a mining pool has become unprofitable, as the amount of resources invested in mining (electricity bills) usually exceeds the return. For this reason, the mining guide we are presenting today is a Zcash mining guide.
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I think nowadays altcoin mining become faded. Since mining is not a good solution for scaling up the altcoin. The altcoin is going to change from POW to POs. And there are more and more ICO with fixed amount of tokens. So the future of mining is not so optimistic…
If are buying a GPU for deep learning and are looking for something to offset your costs, Zcash may be a reason to upgrade from a GTX 1060 to a GTX 1070, a GTX 1080 to GTX 1080 Ti. Our advice here is to get a larger card. At some point, adding additional GTX 1060’s is less efficient for deep learning, gaming and from a cost perspective. Since each PCIe slot has a cost if you decide to scale out, we advocate getting larger cards if possible.
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.
When it comes to mining ZCash (ZEC) or other Equihash-based crypto coins on Nvidia GPUs for most people it is time for the EWBF ZCash CUDA miner, however it seems that the development of that miner has been abandoned a while ago. There have been a few alternatives available that we have covered with dstm’s ZCash Cuda Miner being a very promising successor. The problem with it was that there were a few key features that were missing up until recently, but that is no longer the case with this miner. So if you were reluctant to give it a try, now you might want to reconsider and test it on your Nvidia mining hardware.
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.
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.
Zcash uses a different hashing algorithm than Bitcoin’s, making it incompatible with the special hashing hardware (ASICs) developed for Bitcoin mining. Zcash’s algorithm is known as Equihash. It’s a memory-hard algorithm; it’s designed to resist the development of Zcash-mining ASICs. Instead, Equihash is deliberately best suited for GPU mining.