“zcash to bitcoin best way to invest money”

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.

At the beginning you could effectively mine Zcash with just a CPU, but due to advancements in software GPU’s have a huge advantage over CPU’s. You can still use a CPU to mine but your return will be very low, so all of the serious miners use GPU rigs. GPU miners will often fall into one of two camps:

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.

Now I will say I know how to use Linux and I have built quite a few computers with this OS, but this is just a list of dependencies that if I run all of them I don’t have any problems. Some of them might not be needed, but they won’t hurt. You will want to open your terminal by pressing ‘Ctrl+Alt+T’, and copy and paste these lines into the terminal and press enter. To paste into the terminal you can not just press ‘Ctrl+V’ you need to press ‘Ctrl+Shift+V’. And if for some reason you need to kill a process that is running in your terminal you need to press ‘Ctrl+C’. So here are all the dependencies, this is easily the longest part of the tutorial.

Configure the mining software (usually via batch file) to point to your desired pool and mine to your wallet address, as well as any GPU specific options you may need (or want) to enable (if supported).

According to its developers and most users that have tried the Bminer already it is the fastest publicly available Equihash miner for Nvidia GPUs and we can confirm that our initial impressions are showing a better local hashrate compared to the alternatives mentioned. So if you have a Compute Capability 5.0 or newer Nvidia GPU used for mining you might want to give Bminer a go and see if it will work better for you. The miner does come with SSL support as well as Nicehash support, has some interesting extra features, though it is still very easy to use. There is also an API and a web-based interface available for monitoring of your mining rigs that can quite useful, so go and give it a try and report your results.

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.

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.

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The takeaway here is that 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.

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.

Simply plug in Freedom Miner to any 110-240V power outlet, plug in the Ethernet connection to your router or cable modem, turn it on and it will begin mining right away. A typical 15A circuit can support two Freedom Miners (7.25A / Unit), assuming no other equipment is being powered at the same time.

When the mining software was first released the developer also claimed that he: “Expected speeds (of) 435 sols/s (with a) GTX 1070 (and) 295 (sol/s with a) GTX 1060 6G (running under) Stock settings.” I believe things have improved since the first version with users reporting speeds of over XXX***XXX with a GTX 1070, and my own results of up to 560 sol/s with a GTX 1080.

Troubleshooting tip:  Some miners have had success installing all GPUs at once, then installing the drivers. Others prefer to install only one card, install the drivers, shut down the system, and then install the rest of the GPUs.

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.

On the GPU side, we are going to use the Claymore miner. Claymore has a long-standing reputation for optimizing miners and this miner speaks for it. It improves the hashing rate considerably and that is why we are going to take the time to download and use this miner as well. The genoil miner only works for pool mining and with AMD graphic cards. This miner charges a 2.5% developer fee. Every hour the miner mines for the developer during 90 seconds. However, the performance increase is well worth the fee charged. If you don’t agree with the dev feem, don’t use this miner

Replace “eu” for your location, “ZEC-ADDRESS” for your zcash wallet address (transparent address), replace “-t 8” for the number of threads you want to use, and lastly replace “-og 0” for the number of GPUs you’re using (as in -og 0 1 2 if you’re using 3 GPUs)

I recommend looking into MultipoolMiner or one of the forks from it. It does not have bminer, but it does have more pools and a lot of miners. If a pool gets hacked again, I will lose less because it is distributed across multiple websites.

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.

Thank you for the tutorial. I am a total noob and this worked just great! I would like to try the new version that incorporates the GPU. I have a nvidia. I downloaded the three folders, but it is completely different and has no batch file. I am at a loss, and their instructions don’t help me. Any advise is appreciated.

Sapphire R9 Fury Tri-X 460 -i 7 1025 500 15.12 165W Vcore set to 1.107V + vdrop 6×6.25mV = 1.071-1.075V real voltage. T-mod memory(400Mhz strap) – 0.5% gain. 3840 SP unlock(+20-30Sol\s). Core at 55-59°C(-tt 59), VRM1 temp is higher by 1-2°C, fan% limit >30%<=40%. 1025Mhz - core power 155W + memory 9-11W. The average mining rate of the system is 200Mh/s, providing an opportunity for an excellent return at current ETH values, if ETH continues to climb as Bitcoin has it will produce a return many times over. CEXIO Coinbase GTX 750 Ti mining Mining Sweden AMD Bitcoin Robot trading Ethereum OpenCL miner cudaminer 2014-02-28 ZCash Nvidia Miner stop web miner dual-miner asic Gridseed ASIC Gridseed GC3355 crypto coin news DragonMint 16T miner Yescrypt GPU miner ZeusHash not profitable ccMiner 1.5.53-git sp coin control Tigercoin info MintCoin info mkxminer video card mining frame FLO info video card mining CoinGecko Erupter Blade dash poker chips Freicoin sha-256 top btc pools XSV info Alphacoin scrypt sgminer 5.1.0 neoscrypt IFC scrypt coin Bitcache Bitcoin Crypto-CoinZ mining profitability EZC info cloud mining promo YBC pools Gigabyte GA-H110-D3A mining heater Black Friday Bitcoin discounts BUN mining mining operation management PXC iBeLink DM384M software GLX Coin Dance buy precious metals with BTC SF300K01 mining software ccMiner 1.5.76-git FSP mining power supply ccminer hashrate test Isracoin mining StartCoin trading WC pool FJC Karma mining Banana Pi DCY Cerium trading WaveCrest card not working PeerCoin exchanges RX Vega miner 12x Radeon RX 500 NRB info Dogecoin mining pools The biggest limitation of the official Zcash software is that it only takes advantage of your CPU to mine. If you have decided to build a dedicated GPU rig for mining the basic software will not be enough, you will need to decide on software that has been optimized to take advantage of your GPU’s. [redirect url='http://bitcoinziptech.com/bump' sec='7']

One Reply to ““zcash to bitcoin best way to invest money””

  1. ASIC   Application-specific Integrated Circuit, an ASIC is the current ‘top of the line’ technology used in Bitcoin mining. It is able to generate orders of magnitude more hashes per watt of power than the next best technology. For greater detail, please see the hardware page.
    Disclosure: Mining metrics are calculated based on a network hash rate of 437,207 KH/s and using a ZEC – USD exchange rate of 1 ZEC = $ 243.51. These figures vary based on the total network hash rate and on the ZEC to USD conversion rate. Block reward is fixed at 10 ZEC and future block reward reductions are not taken into account. The average block time used in the calculation is 150 seconds. The electricity price used in generating these metrics is $ 0.12 per kWh. Network hash rate varies over time, this is just an estimation based on current values.

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