Zcash makes use of the Equihash algorithm – a Proof of Work algorithm that is unique to Zcash for now. It was invented by Alex Biryukov and Dmitry Khovratovich, and makes use of Wagner’s algorithm to provide the PoW that’s required for consensus in the Zcash Blockchain.
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I briefly mentioned it while reviewing the EVGA GTX1080 card, but I thought I would take some time to go over EWBF’s Zcash Cuda Miner in more detail and help anyone unfamiliar with the program or mining in general to get setup and running quickly with it under Windows.
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.
HVAC is a serious additional expense when used to cool a mining or folding rig, it will add rough ballpark 40% to your electrical cost (somewhat less if you have a VERY high efficiency unit in the 15+ CEER/SEER range as opposed to common units that are typically 9.3 or so)
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 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.
Linux users can also use the Optiminer/Equihash miner as a solution for mining different variations of the Equihash algorithm (Equihash 200/9, Equihash 192/7, Equihash 96/5). A Windows version is supposed to come out at some point, but it is still available for the moment.
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The Zcash software can be a complete package that helps you run full node. This software is offered by Zcash Company this software let you mine with your CPU. It has a built in wallet that is needed to send and receive Zcash.
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Finally at the bottom we have the per worker statistics. If you have only one worker all these fields will show the same statistics, but this area breaks out the data for individual workers, where everything above was an aggregate of all your workers.
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.
If you have a Linux CUDA compute machine available we highly recommend using nvidia-docker. Installing different CUDA versions for Zcash mining and deep learning frameworks and managing versions can be painful. Using nvidia-docker you do not have to worry about that.
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.
GeForce GTX 690, GeForce GTX 680, GeForce GTX 670, GeForce GTX 660 Ti, GeForce GTX 660, GeForce GTX 650 Ti BOOST, GeForce GTX 650 Ti, GeForce GTX 650, GeForce GTX 645, GeForce GT 645, GeForce GT 640, GeForce GT 635, GeForce GT 630, GeForce GT 620, GeForce GT 610, GeForce 605
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.
I hope you’ve found this guide useful! In the video, I quickly cover overclocking and turning down your power consumption via MSI Afterburner, so make sure to watch it as well. If you run into any issues or have any questions, comment here in the blog or in the video comments, and I’ll try to help as much as I can.
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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.
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:
In order to mine using this guide, there are two things that you’ll need. The first is a wallet to store your funds. There are currently multiple GUI wallets available and you can compare them here. You can also use this guide to learn how to install one of them on Linux. It is also possible to use an exchange as a wallet but we do not recommend it.