How much can be earned depending on hash rate? DO you have to use Ubuntu. I have windows 10 and two GPUs on an Aorus X7 Pro which comes with an Nvidia graphics card. I was trying to mine ETH and I found it to be very taxing on my computer and due to the fact I had Windows 10, there was a bottleneck issue where it mines at a slower hash rate than it would if I used Windows 7. Does the same apply to Zcash? Does this sound familiar?
I’ve had success both ways, so if you run into an issue with one method, delete the drivers and try the other method. If you need to remove your drivers, use the DDU (Display Driver Uninstaller) program from Guru3d.com to remove everything cleanly, then start over.
The whole Zcash mining process includes set up, miner downloading, configuring windows and batch file setting to run and much more. Zcash generally uses equilhash as a hashing algorithm. This is an asymmetric memory hard PoW algo. This is based on the generalize puzzle. It relies on high Random Access Memory needs to bottleneck the generation of proofs and ASIC development unfeasible.
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.)
On October 28, 2016, the launch of Zcash made ZEC coins available for mining. Since Zcash is an open source, decentralized cryptocurrency, we believe that mining for ZEC is an important way to help strengthen and decentralize the Zcash community, contribute to computer science, and win our gratitude and a prize. Mining should be available to everyone, regardless of their access to specialized hardware; anyone should be able to use a computer to “mine” by using open source software, and add more transactions to the Zcash ledger to possibly get Zcash coins in return for their effort. By distributing the ability to perform mining with open source software, the Zcash network can be a more accessible and a truly community-supported cryptocurrency.
As you can see, Flypool offers quite a bit of information on your progress. At the top we have Hashrates which show your current (2 hour) and long term (24 hour) average hash-rates, your Immature Balance (which is simply the coins not yet fully confirmed on the network), Unpaid Balance which is you confirmed coins waiting to be paid once you reach the payment threshold, number of active workers, and a summary of submitted shares in the form of valid/invalid.
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.
Linux users would probably want to go and try the latest version of the Silentarmy miner that also brought support for Nvidia GPUs and is apparently providing similar performance as the NiceHash release for Windows. Also the Silentarmy miner is doing pretty well on AMD hardware, so do try it as well if you have such mining rigs and are running them on Linux.
As you can see, pricing has some fairly wild swings. As another example, this article was written Saturday, 20 May 2017 when the price was $104 USD to 1 ZEC. On Sunday 21 May 2017 the price hit $123. At the time of this publication (9AM Pacific 22 May 2017) 1 ZEC is now around $248. Prices fluctuate, a lot.
Freedom Miner is a Zcash Miner beast and is defaulted to mine ZEC out of the box, however changing currencies is a breeze before or after you receive the rig. During purchase simply provide us with your wallet addresses for the coins you wish to mine and we’ll send your rig pre-configured. Don’t have wallet addresses yet? No problem, we can ship your rig with our system defaults.Freedom Miner comes with a standard 3-prong US style power cord, but other standard power supply cables are compatible as well.
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).
Explore the world of mining right on your iOS device. You don’t need fancy expensive equipment to do mining. You already own a device powerful enough to mine. Zcash (ZEC) is unique because unlike Bitcoin which needs specialized ASIC hardware to mine, ZEC can still be mined using your CPU albeit slowly.
AMD GPU miners were recently getting quite the boost thanks to Claymoreâs Zcash miner on Windows, but now Windows users with Nvidia GPUs also got a nice boost in ZEC mining performance thanks to the release of the NiceHash EQM Zcash Nvidia Optimized Miner. It kind of doubles the performance that people were getting with the previous nheqminer from Nicehash, so now with a 6x GTX 1070 GPUs for example you can be all the way up to about 400 H/s. Do note that the miner currently supports only newer Nvidia GPUs and will apparently not work on anything lower than SM 5.0 capable GPUs â Maxwell or Pascal.
Zcash mining is very simple and it is good news for beginners now they need not to download full Zcash block chain. They need not to manage clunky command line miners with manual instructions. If you are a beginner you can go for Zcash mining directly.
It is important to know, that mining on a personal computer is supposed to be done for the purpose of learning. In order to generate profit and achieve massive cooling as well, it is better to build or purchase dedicated mining machines.
Earlier today Zcash (ZEC) went live as expected and people are already starting to mine it, some of them probably are still not aware of the slow start with very small block rewards initially. Regardless, with what is available as miners at the moment there are pretty much two places where you would want to go for mining if you still haven’t done so. The first one for CPU mining and CUDA mining is Flypool that uses a modified version of NiceHash’s stratum miner available for download here CPU/CUDA miner for Flypool.
Zcash mining is getting pretty popular but solo mining can get pretty lonely. Come test the waters on a Zcash pool! All you have to do is follow this guide! We are going to use the NiceHash open source miner, which allows us to mine for BTC or for ZCash. Since we want to keep our newly mined ZEC, we’re using the second option.
I have a lowly GTX 1060 and only started mining with it two days ago. I used first because it was listed first on miningpoolhub. After playing with it some, it would peak for me about 291 h/s. The average was closer to 288. I could push it to 300, but only by risking arrest for GPU abuse. I switched to dstm last night and am averaging 314 h/s. Even with the fee, I’m better off. Your mileage may vary.
It can also help to check your equipment on different mining profitability websites. Sometimes the estimations vary so you can get a more accurate prediction by trying out different calculators. Some worth mentioning are:
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.
Ran the same settings on both miners and it’s more like 4-5% more than EWBF. 1080 + 1070 =~1020 Sol/s on Bminer with 60% Power limit and 350 W at the wall. On EWBF it’s ~970 Sol/s for both. The 1080 gets the biggest boost on Bminer about 10% ~574 Sol/s with 60% power limit. I’m mining on Flypool which only shows the effective hash rate, so it will take a while to be accurate but it seems legit.
If you 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.
Difficulty this is the measure of how hard it is to generate a new block in the blockchain. The difficulty is designed to adjust every 2,016 blocks (roughly 2 weeks) to balance out the rate at which blocks are created. The difficulty has an absolute minimum of 1, but not such limit exists for the maximum.
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.
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.
ZCash uses Equihash as an hashing algorithm, which is an asymmetric memory-hard PoW algorithm based on the generalized birthday problem. It relies on high RAM requirements to bottleneck the generation of proofs and making ASIC development unfeasible, much like Ethereum.
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 due diligence to evaluate GPUs based on their hashrates, power requirements, availability, and price.
The world of cryptocurrencies is growing at an accelerated pace. The crypto market cap continues to grow with record breaking volumes. The basis for creating value in the crypto world is the mining process for major and veteran coins – with Bitcoin leading them.
After creating an account you’ll need to setup a worker to help keep track of your mining progress, to do this use the link below and add a new worker to your account called worker1 and set the password as x. (or use details as you see fit)
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.