You can also use a hardware wallet such as Trezor, Ledger Nano S, or Jaxx, a popular supported web wallet. You can even mine directly to exchanges that have support, which is primarily what I’ve been doing since November 2016 (I’ve been mining to Bittrex).
It has better hashrates for ZEC and ETH. Equihash about 780 h/s and Eth around 28 to 30 mh/s with moderate overclocking (only power limit and clock speed) with 100 % fan. Reliable and stays cool around 65 to 75 C with high intensity settings. Used Nicehash at first but experimenting with different pools at the moment.
Replace “stratum.zcash.nicehash.com:3357” with your pool’s server. and replace “t1RjQjDbPQ9Syp97DHFyzvgZhcjgLTMwhaq” with your zcash wallet address. Optionally, replace “YourWorkerName”. If you want, you can also replace “x” with your password.
Overall, we are seeing payback periods in the 3-5 month range for all NVIDIA GPUs excluding power and cooling costs. Given the volatility of the markets, expect this to have wild swings. For the STH readers who have machine learning clusters that may have periods of downtime, our nvidia-docker miner can help you earn some of your money back with mining.
Since cryptocurrencies have risen exponentially in the past few months people want in. One of the best ways to make money with currencies like Ethereum and Bitcoin is to ‘mine’ them. When you mine a cryptocurrency you are running a program on your computer to use your computers computing power on the network. Whenever your computer solves a piece of the puzzle, a block in the blockchain, your miner is rewarded. There are two main ways to mine:
For this reason, miners started to work in groups, which are called pools. A pool of miners unites the calculation power of a workforce of small miners in order to obtain a significant mining power (aka hash rate), thus increasing the chance of solving a puzzle and getting the reward for it. Each miner in the pool, gets a “share” of the reward, according to the amount of power he contributed to the pool.
One thing I will mention is that mining software is often flagged from antivirus vendors as containing malware even though they don’t. The reasons for the many false positives is that a lot of malware does contain these mining programs since botnet operators can secretly install mining software on unsuspecting user’s PCs and point to an address they (the botnet operator) controls. As a result, many of the antivirus vendors simply mark anything with a mining program as suspect. This is because even though mining is becoming more popular, it is still probably done by less than 1% of all computer users who would use antivirus scans, so to the antivirus vendors this means 99% of their target audience who has a miner program probably didn’t put it there themselves. They play it safe and just mark it as malware or PuP (potentially unwanted program) as they figure if you are a miner you know its there and probably have the technical ability to work around it.
Below this there a graph displaying you current and long term averages in a more visual manner over time, followed by a bar graph of your shares submitted over time. Next there is a graph displaying active workers, which is only really useful if you have more than and one or more would drop off the pool.
Bminer is a relatively new miner for Nvidia GPUs for mining cryptocurrencies using the Equihash algorithm such as Zcash (ZEC). It is a closed source miner, available for both Windows and Linux operating systems and comes with a 2% dev fee included (optional, though disabling it apparently removes some optimizations). Bminer comes as an alternative to the popular EWBF miner, the development of which has been stalled for a while already, as well as the more recent dstm ZCash CUDA Miner that looks promising and is actively being developed, but still lacks some features such as failover pool support for example. So any new alternatives such as Bminer that are being actively improved and developed are more than welcome for the users and the crypto community as well.
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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.
The blockchain allows the transfer of funds in a decentralized manner, while security and fraud-prevention are carried out by encryption, hence the name crypto, as cryptography is the discipline of encryption. Encrypting and verifying a transaction requires work. Computers which do this kind of work, which is basically solving a mathematical puzzle, get to write the next block in the chain, and are rewarded with coins for it – this is practically the mining operation. The more miners a network has, the stronger it is and the faster and more secure it is.
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.
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:
Since we included –api you can monitor the miner with a web browser as opposed to the command/terminal window. On the mining rig, navigate to 127.0.0.1:42000 in a web browser. You should see a screen like the one below.
As you can see, factory overclocked cards to help add slightly more performance in Zcash mining. A direct result of improved hash rate is higher earnings per day. Note, this analysis was done on 20 May 2017 and it will have changed in the 48 hours until it was published, but these are good general guidelines:
Next, you will have to ensure you have the correct virtual memory enabled (minimum 16GB). To do this, search for system in the start menu. Open system and on the left hand side click ‘Advanced System Settings.’ Go under the advanced tab, under performance settings, and advanced again. Then click ‘Change’ under virtual memory. Uncheck the box that states to ‘Automatically manage paging file size for all drives’ and then input a custom size of 16384 (or whatever is the maximum allowable value up to 16GB) into the Initial and Maximum size fields. This will prevent you from having any errors with virtual memory.
Hello zcasher, I would like to mine zcash for fun (and learn) with my laptop’s CPU. I how could do it? Whats software do you suggest (Windows) Since now I have tried to mine Monero using Claymore’s CryptoNote CPU -where the developer ask for a 2.5% –