“zcash zec |how blockchain works”

The next step is to download the EWBF Miner. Only download miners from the official threads in BitcoinTalk. If you scroll down, you’ll see a couple of different download options. We’re going to use the Mega download link.

I would recommend EWBF miner for Zcash, but Claymore dual mining is just as good. Just in case anyone doesn’t know you can dual mine any coin you want, your not limited to just ETH and Decred or ETH and SIA. Just need to read the “Read Me” Text doc in your miners folder. I made a short explanation video, mind you I am not a top end Content creator… but should help..

Incentivizing the creation of open source miners will enable a wider community to mine for Zcash coins and take ownership of the network as a public good. While we expect a full range in size of Zcash miners to exist, the more individuals who run a miner (whether GPU or CPU) the stronger the network.

Not everyone has access to a computer, however, and not everyone has the time, knowledge or patience to start mining Zcash on their own, especially since there is no Graphic User Interface (GUI) Miner available yet. If you want to mine on your own computer, but need a little push to do so, you’re in the right place. But if you’re looking to profit from Zcash mining with no effort at all, this guide will do the trick.

GeForce GTX TITAN Z, GeForce GTX TITAN Black, GeForce GTX TITAN, GeForce GTX 780 Ti, GeForce GTX 780, GeForce GTX 770, GeForce GTX 760, GeForce GTX 760 Ti (OEM), GeForce GTX 750 Ti, GeForce GTX 750, GeForce GTX 745, GeForce GT 740, GeForce GT 730, GeForce GT 720, GeForce GT 710, GeForce GT 705

You can mine Zcash with CPU. If you are about to use nicehash miner it can work for both GPU and CPU. You should use different miners for GPU and CPU. It is as the claymore miner is fast and works only for CPU. You can download the nicehash miner and extract the files within the zip folder.

Cold Storage   This is the process of moving your bitcoins to an offline wallet. The benefit of this is that no one can hack into your computer and steal your private keys if your computer is not connected to a network. Bitcoins will need to be brought back out of cold storage to be spent or transferred again.

Here you can find the submissions to the challenge, along with link to the code hosted on GitHub. Not all submissions received are listed here. If a submission does not appear to include any Equihash code, then it is not published here and was not considered for judgment unless there was code added before the deadline. Submissions are listed in no particular order.

Following the startup information. we can see we are getting block information from the pool and that our graphics card(s) are detected and being assigned new work. After a little bit you shoudl start seeing shares accepted messages indicating your GPU has found a solution, submitted it the the pool and it was accepted.

Learn more about EWBF’s Cuda Zcash Miner  – We’ve only exposed you to a few of the settings that are available for use when mining. In the folder with the miner in it, open the HELP.txt file to review all available settings.

**link removed** As per your instructions (both on the printed and video instructions) when I went to “mega” (see above) and clicked, it brought me a list of about 15 items, each item that said “Zec Miner” with different dates on it. (I have a screen shot of the list but no where to upload it.) I picked the most recent date, which was the last item on the list, When I unpacked it to my desktop it still said “Zec Miner.” I went back an did a search for “EWBF ZEc Miner” on that same forum page with no… Read more »

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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.

Your first step will be to choose a Zcash mining pool. There are plenty to choose from, but we recommend Flypool. The home page or help section of a mining pool site will likely contain instructions on how to mine on its pool using the popular EWBF Miner.

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.

The answer? Difficulty. By automatically adjusting the computational difficulty of solving a block, the Zcash blockchain is able to maintain 2.5-minute intervals. You’ll notice that difficulty closely tracks hashrate, and it, too, has seen exponential growth this year:

FinCEN   The Financial Crimes & Enforcement Network functions under the authority of The United States Department of the Treasury. FinCEN is the portion of the agency charged with combatting money laundering and other illicit financial practices. They are currently one of the lead agencies trying to figure out how to regulate and monitor the flow of Bitcoin.

Although Zcash is already a mature coin, it is still not coming close to the load and size of Bitcoin’s and Ethereum’s chains, so, in most cases, mining it is more profitable. In 2016 when Zcash came into the world, it was very profitable to mine it. Due to the fact that there were only 12 Zcash coins in circulation, the price went up to the astronomical price of 3000 Bitcoins for one Zcash coin!

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I’ve a question, I have a 700W Power supply(non modular) , and currently a gtx 1080 and one gtx 1060 3GB. So the miner shows that I’m using about 200W for this gtx, if I connect one more gtx 1060 3GB and I start the miner, it shows errors like it hasn’t enought power, and the last gpu stops running but the fan go 100%.

Galax GTX 1080 Ti HOF 790 2062.5 5400 382.53 200 Undervolted to 1v for GPU / Mem stock. max 800 Sol/s / +120 MHz Core – +400MHz Mems. 60-63C max with A/C – 65-66 without. EWBF 0.3.4b Win 10 x64 EllinasUser

The EWBF CUDA Zcash Miner has a built-in developer fee that is set at 2%, meaning that every 10 minutes the software will switch to a different pool and mine for the developer some shares and then get back to mining for you. The author of the software claims speeds of about 250 H/s for Nvidia GTX 1070 while the NiceHash EQM miner does currently about 220 H/s on the same GPU. Our quick tests showed a hashrate of about 235-240 H/s average (up to 250 H/s) on stock GTX 1070, so still slightly faster, but not much as you may want it to… then there is the dev fee as well and it seems that we are seeing somewhat more rejects than, especially when switching to mine for the dev fee. So while this may be an interesting alternative for users willing to mine outside of NiceHash, the actual performance that you may get poolside may not be much different than with what is currently the fastest implementation from NiceHash (taking into account the dev fee and the rejected shares)…

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.

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

It also ensures that information of transaction is verified by the miners.  It means that this digital currency provides selective transparency and privacy of transaction.  The payment of Zcash may be published publicly on public block chain but the transaction amount, recipient, sender may remain private.

Now that you’ve got your hands dirty, just sit back and watch your zcash roll in! Be aware that you are mining to a transparent address (it starts with t). You can follow this guide to learn how to create a private and transparent wallet

I have put together a few videos that you may find helpful below. If your looking for a good written step-by-step tutorial I recommend this one.  Building a good GPU rig will also give you the ability to mine other crypto-currencies like Ethereum.

However, if you have Nvidia cards, or if you’re in the market to buy new cards and can’t find any well-priced AMD cards, then mining Zcash on Nvidia GPUs is still very profitable with the EWBF Miner, which is highly optimized to get the maximum performance out of Nvidia’s Cuda cores.

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.

FPGA   Field Programmable Gate Array, an FPGA is the former king of the Bitcoin mining world. An FPGA is an integrated circuit whos function can be changed as it can be reprogrammed. This makes if more versatile than an ASIC, but far less efficient in its ability. They enjoyed a short time between GPUs and ASICs as the most efficient way to mine. For further details, please see our hardware page.

For now though, just keep the miner running for 30-60 minutes at default settings just to make sure everything is working properly. This will also allow time for your card to find a few shares and for the pool to accept them and tabulate them on your wallet display page. There can be sometimes a 10-15 minute delay from when your shares are first accepted and any statistics to appear on the pool side, so now would be a good time to go grab a cup of coffee.

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.

You need to take in to consideration the system which requires another 100w. 1080 with 80 percent power and 2 1060 also at 80 percent power should be fine. If it doesn’t work try to reduce power further to 75 percent. I have my 1080s set to 70 percent power.

Hi Marilyn, Imgur.com is a good site for image uploads, just as a tip. The Mega page won’t load for me for some reason, probably due to my browser config. Google Drive works though. The one you want to download is Zec miner 0.3.4b – or whatever the latest working version mentioned on the forum page happens to be. I’m not really understanding the problem. Sounds like you downloaded the miner OK, just it’s named differently? That won’t be an issue. I suggest you run some virus scans on the miner you downloaded and then proceed with the rest of… Read more »

In my videos, I teach you how to mine Ethereum, Bitcoin, Litecoin, Dash, ZCash and many more coins. I have many how-tos on mining altcoins like Ethereum, along with guides on setting up wallets for altcoins. I also discuss many cloud mining sites such as Hashflare and Genesis Mining. With Hashflare and Genesis Mining cloud mining services you can start mining Ethereum, Bitcoin and other coins without any equipment of your own. Check out my video playlists and other videos for more information.

One Reply to ““zcash zec |how blockchain works””

  1. 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 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.

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