Next, copy your Zcash wallet address. Inside the bat file paste your own Zcash address (in the example above replace the address that starts with “t” and ends with “DX”). After replacing the address you can also change the worker name. In this case it’s .rig1, but you can call it .miningRig1 for example.
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Plug in your card at the top and click on the model number (the red square below), and the hashing and profitability info will be displayed below (click Equihash to make it blue so it will calculate).
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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!
The first question everyone asks once they have decided to try Zcash mining is “What hardware is best to mine with?” This question is not easily answered because there are many improvements in hardware and software happening on almost a weekly basis. To start, mining falls into one of two general categories
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.
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.
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Equihash est un algorithme de hash spécifique qui a été créé par les créateurs de Zcash. Une de ses particularités est que cet algorithme demande une très grosse quantité de mémoire vive (RAM) et une grosse bande passante à cette mémoire pour que le mining soit profitable. Ainsi la production d’ASIC est à ce jour impossible et seules les cartes graphiques peuvent réellement le miner. (Il est également possible de miner equihash avec son CPU mais cela n’est vraiment pas rentable et il y a plus de perte en énergie que de gains.)
All of these calculations can change based on mining difficulty as well as Zcash price fluctuations. Here is a view of what 1 December 2016 to 20 May 2017 Zcash pricing looks like via Poloniex (one of the larger exchanges):
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4. For all repairs or RMA, within warranty or not, customer must return the defective parts at his/her own expense after opening a support ticket and troubleshooting with Asic Miner Market instructions.
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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.
ZCash is an anonymous cryptocurrency that uses zk-snarks to ensure that all the information regarding user transactions is safely encrypted, while still verifiable by miners that can ensure no double-spending has taken place using zero knowledge proofs.
This is a list of the most popular Zcash Mining software for each platform, some of this software contains a built-in developers fee. I try to keep this list up to date as I can, if there is a broken link or missing software please drop me an email.
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.
Theres a few more things we need to do before we can start running the miner. First of all, we need to add this string of code to the config.txt, especially on 1-2GB video cards. This will ensure everything runs smoothly. Add this code to your config.txt file:
If the invalid shares were to exceed 3%, or stay at a constant 2%, you should check first to making sure you are connected to the flypool server nearest you. If you look on their homepage they will list different addresses for servers located in different parts of the world. The next thing to check would be back on the miner to make sure you are not seeing any errors being generated there. There are too many possible scenarios to cover all in this introductory article, so I will leave any in-depth for a later guide.
This brief guide is focused on how to mine Zcash with Nvidia GPUs with either the Windows or Linux operating system. Zcash (ZEC), which utilizes the Equihash algorithm, has lingered near the top of the charts for Nvidia mining profits. It’s also traded on multiple exchanges making it easy to exchange for other cryptocurrencies.
Building a large ZEC position through mining now may allow you to take advantage of price appreciation in the future with less risk than you’d face by just buying ZEC. Let’s break this idea down a bit further.
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.
Equihash is memory-hard but also fast to verify. Proof of Work is established by requiring “… two parameters: N (width in bits) and K (length), which determine the complexity of the underlying problem …”. The complexity of the underlying problem directly influences the memory and time required for the computation. If you want a run-through of the algorithm itself, take a look at this informative post on the Zcash forum.
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.