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Plug in your card at the top and click on the model number (the red square below), and the hashing and profitability info will be displayed below (click Equihash to make it blue so it will calculate).
Zcash is an open source cryptocurrency that focuses on the privacy element. This cryptocurrency is mineable utilizing the CPU, and/or GPU. It is a popular currency to mine with nVidia GPU’s as the algorithm hashes better on these GPU’s vs. their AMD competitors. The GTX series is the most popular for mining Zcash.
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.
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.
Broke the bank to get this card as an open box sale for about 50bux off regular price and it performs exactly as advertised with ethminer (30mh/s). I didn’t try a zcash miner as I immediately switched to running NiceHash with the cool interface. Running NH for 8 days off and on will net me an average of $6/hour. It does double duty at nights running PUBG on ULTRA settings.
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.
[WARN] [2017-12-04T23:58:49+03:00] Get error: A request to send or receive data was disallowed because the socket is not connected and (when sending on a datagram socket using a sendto call) no address was supplied., resetting in 5 seconds
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.
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The GeForce® GTX 1080 Ti is NVIDIA’s new flagship gaming GPU, based on the NVIDIA Pascal™ architecture. The latest addition to the ultimate gaming platform, this card is packed with extreme gaming horsepower, next-gen 11 Gbps GDDR5X memory, and a massive 11 GB frame buffer.
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:
The following explanation is about how to mine Zcash (very profitable currently at the moment as of writing this article) in a pool called miningpoolhub. It is possible to mine many other coins through this pool, but you need to download other mining software to do so.
I really like using EthOS over simple mining cause you can actually somewhat use LXDE as an operating system. The problem with EthOS is the limited number of mining programs you can run and the limited amount of packages you can install (instead of apt-get you have to use apt-get-ubuntu and about 90% of packages won’t download or install, and if they do you might have broken EthOS.)
Mining and holding crypto is similar to the old adage of buying low and selling high, except for the fact that most buyers don’t know how to do technical analysis, so they buy and sell at the wrong times. They buy high during parabolic price increases and sell low during what could be normal price corrections on continued upward trends.
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.
lolMiner-mnx is a new miner for Mining MinexCoin (MNX) or any other coin that uses the Equihash 96/5 algorithm. Do note that the this is not the same algorithm used by ZCash (ZEC), there it is Equihash 200/9, so this miner is not compatible for mining traditional Equihash coins. The lolMiner-mnx is a closed source OpenCL miner being developed from scratch, so it is not based on existing opensource code. Currently it is available as 64-bit binary releases for both Linux and Windows, although it uses OpenCL it should compatible with pretty much any GPU including Intel and Nvidia and not only AMD.
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).
Transaction Fees This is a small, optional fee attached to a Bitcoin transfer. Upon the completion of all 21 million bitcoins being created, these fees will provide the reward to encourage miner to continue mining and verifying the network transactions.
It is advisable to put the fan regularly on a certain percentage so that the heat of the card is about 60 degrees (note that during the day the house is warmer and the temperature will rise accordingly).
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.
Zcash also differs because it has a built-in privacy protocol called zk-SNARKS, which is designed to make it the leading privacy-based crypto in the market (competing with other privacy coins such as Dash and Monero).
The world of cryptocurrencies is growing at an accelerated pace. The crypto market cap continues to grow with record breaking volumes. The basis for creating value in the crypto world is the mining process for major and veteran coins – with Bitcoin leading them.
Using this miner is easy but you have to specify the number of cores you have for better performance. You should check your CPU count by opening task manager. The nicehash miner has 2 versions and comes with it. One version is to get paid in BT C and another in Zcash. Now open the nheqminer_zcash” file now you can start mining with CPU and paste the command given below:
Choose and download an appropriate mining program that supports, a: your desired coin (Zcash), b: your GPU (GTX 1080), c: your operating system (Windows 10), and sometimes d: your pool (rarely but does occasionally happen).
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
Genoil’s latest ZECMiner is pretty much the fastest public OpenCL miner (Windows binaries only) for Zcash at the moment, though there are some stability issues with cards dropping to 0 Sol/s and the miner crashing. The situation improves with each new version, but the miner is still not that good stability wise. The latest Nheqminer supports OpenCL mining, but is slower than ZECMiner, even though stability wise it is better… it is much better for CPU and CUDA mining though. Hopefully soon there will be other faster GPU miners that will offer more stability and features along the improved mining speeds, but for now you will need to do with what is currently available.
Another cloud mining service provider that has been available for quite some time already as well – HashFlare has also announced their plans for offering cloud mining hashrate for Zcash (ZEC). They have already started the presale of mining contracts with a price of 4.20 USD per 0.1 H/s with the launch of mining planned to start before 21.11.16, so you will be able to catch some of the slow start mining period as well. Each of their Zcash cloud mining contracts will last for 1 (from activation) and will not have any additional fees as everything is apparently included in the price.