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
AsicMiner Market team has been building and selling mining rigs, creating custom firmware for ASIC miners (padrino Jupiter firmware, padrino Titan firmware), and consulting on large GPU and ASIC deployments since 2011, when Bitcoin was just starting to gain popularity. We will be around for the future and are happy to help with projects of any size.
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Cryptocurrency markets are volatile and are rife with manipulation. Zcash is a relatively medium sized cryptocurrency currently valued at around $150M USD (at $104 USD per ZEC.) As points of comparison, Monero’s market cap is about $500M at the time of this writing and larger players like Ethereum and Bitcoin are well over $10B USD each. With such a small market cap, Zcash is particularly susceptible to market fluctuations.
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You can go through the list of Zcash mining software that is easily available online. Some of them contain a built in developers fee. First of all you need to set up your local Zcash node and configure it and then start mining.
Choose and download an appropriate mining program that supports, a: your desired coin (Zcash), b: your GPU (GTX 1080), c: your operating system (Windows 10), and sometimes d: your pool (rarely but does occasionally happen).
For perspective, I run several of the Gigabyte “ITX” one-fan GTX 1070 model cards on Folding@Home – which pushes a card quite a bit harder than ZCash mining does – and they stay plenty cool as long as the ambient temperature doesn’t get very high.
Find the place you installed Cuda and navigate to it. To do this it is easiest to download it and drag it into your home folder. To do this press the file cabinet at the top left of the screen. It should open up to the desired folder. You should see icons like Desktop, Documents, Downloads, etc. Now just drag your Cuda download here.
Pro tip: check out the following GPUs: Nvidia’s GTX 1060-6GB/1070/1080 Series; AMD’s RX 470/480, RX 570/580, R9 Series, or HD 7990/7950 (if used cards are available, try to get them from a gamer instead of a miner, with a warranty if possible). As with everything, do your own diligence to evaluate GPUs based on their hashrates, power requirements, availability, and price.
Routinely during its operation the miner will also display useful information such as the GPU temperature(s), sol/s per card and total sol/s. The part highlighted in a table fashion is what was enabled by using the –pec flag above and displays a rough efficiency reading you can later use to help fine tune your settings.
If you’re reading the newbie’s guide to Ethereum mining and have a GPU that’s powerful enough to make it worthwhile, we’re going to assume you’re running Windows, so we’ll focus on mining Zcash on that platform.
Covering these steps more in detail, to get started mining Zcash with EWBF you will need a Windows based PC (or mining rig) and a late generation Nvidia GPU, preferably a GTX10xx series such as the GTX 1080 that I will be using.
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.