There are many risks when it comes to Zcash mining on your NVIDIA Pascal desktop GPU. First, Zcash pricing can be unpredictable. We have seen major drops in value before (depicted above.) One also needs to be able to convert Zcash to standard currency which may incur transaction fees and/ or be difficult.
–pass z (the actual value of this parameter is usually ignored by pools but oftentimes required by either the pool, mining program, or both. Can be set to something like “X” or “Z” unless your pool requires a specific password).
In 2009, Bitcoin was one of the first applications of the blockchain. Since the invention of money, the problem of centralization has always existed. Although it was temporarily solved in the era of the gold rush, when every ordinary man could mine gold and generate money, since then, banks and credit companies took control over the money, shifted over to working with credit, and practically cut off the connection to gold itself and created a monopoly on printing money. Bitcoin returned the possibility of generating money for everyone. It is no coincidence that the process of generating cryptocurrencies is called “Mining”.
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The takeaway here is the hashrate has followed the price explosion, which really took off in May and June 2017. What an amazing bull run! Up to over $400 USD from under $50 USD in a few short months.
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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):
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.
Ethereum value does fluctuate like many similar currencies but at it’s current value a return on investment in a few months is very likely . This is not guaranteed as I have no control over the value of Ethereum however it is showing great promise as many major institutions are investing. In addition to the value in mining Ethereum this system is flexible as it is a ASIC based miner so it can mine virtually any GPU
Unfortunately it’s currently written specifically for linux and uses direct OperatingSystem calls to be as fast as possible, to have very low cpu usage and to consume energy as little as possible. However if people are interested in a Windows version I’ll port it. First we have to check how it performs on something faster then a 750ti However my test are very promising.
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.
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.
One of my GPUs is throwing out a constant stream of “GPU #2 returned incorrect data!” errors. It’s a rig with 4x 7950s running at stock speeds (925 MHz GPU clock, 1250 MHz Mem clock) and all are running below 70C with fan speeds set at 85%. Most people with this issue seem to have much higher temps or big overclocks. Also, adjusting the intensity does not help. Has anyone else run into this or managed to fix it?
Zcash offers total payment confidentiality, while still maintaining a decentralized network using a public blockchain. Unlike Bitcoin, Zcash’s private transactions hide the sender, recipient, and value of transactions on the blockchain. Only those with the correct view key can see the contents. Users have complete control and can opt-in to provide others with their view key at their discretion.
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.
just wanted to add: especially the 1060 series is a good candidate for mining with lower power consumation. Even Equihash can be run with like 75 to 84 % power which can result in : 297 Sol/s , 86 watt usage, -> 3.45 sol/w
Sure, it’s easy. Set the Trezor up as per its documentation, making sure to accurately record and securely store the seed phrase as your top priority. Of course, you must also remember / record your PIN.
Run with ‘-h’ parameter to learn possible commands. By default, miner uses all CPU cores and no CUDA devices. You need to explicitly enable CUDA devices (setting ‘-cd’ parameter). If you wish to mine only with CUDA and no CPU, set ‘-t 0’.
Besides the ability to rent and lease hashrate for the new Equihash mining algorithm being used by Zcash (ZEC) NiceHash is also offering what they call Fast Zcash Cloud Mining Contracts. These are 24 hour mining contracts, but with a large amount of hashrate that you are getting for this short period of time. This is an interesting alternative to long term cloud mining contracts, but probably not the best one for the moment while we are still in the slow start of mining for Zcash. Still a nice alternative to have to long term contracts as well as to traditional renting of hashrate where the price may vary and here you have a fixed price for the day.