Claymore has updated his ZCash AMD GPU miner to version 12.5 adding support for the ZCash forks (altcoins using the same Equihash algorithm) as well as doing some more improvements to the miner. The latest version comes with improved fans management for latest drivers and Polaris cards, added shares-per-GPU statistics when “s” key is pressed, addend an option to use a password for remote monitoring as well as included EthMan v3.0 which supports passwords and email notifications. This is currently the preferred solution by most miners mining ZEC or other coins based on the Equihash algorithm for AMD OpenCL GPU mining rigs, the miner does not yet have support for Nvidia GPUs. Nvidia miners can go for some of the available options for CUDA mining such as the nheqminer, excavator or EWBF’s CUDA Zcash miner for mining coins using the Equihash algorithm on their hardware.
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The card should have at least 1 GB of RAM, or it won’t be able to properly mine Zcash. This is a correction from the video, as EWBF supports GPUs with just 1 GB of RAM, compared to Ethereum’s 3 GB requirement. However, many older cards may not be energy efficient enough to turn a profit, so check on whattomine.com by entering your card’s info.
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.
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.
As you can see, pricing has some fairly wild swings. As another example, this article was written Saturday, 20 May 2017 when the price was $104 USD to 1 ZEC. On Sunday 21 May 2017 the price hit $123. At the time of this publication (9AM Pacific 22 May 2017) 1 ZEC is now around $248. Prices fluctuate, a lot.
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.
6. If you notice there are some loose heatsinks when you receive the miner, please inform us by email to email@example.com within 3 days from the date the package is received according to UPS/DHL/FEDEX website.
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Important: You will need to already have Zcash installed before you can start using the more specialized software below! If you want a beginners step-by-step guide to installing and using the software for you can find one here and I have embedded the official install video below.
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.
The miner still needs some work, especially on Nvidia GPUs where by default it is pretty heavy on the CPU load and memory usage as well. It is recommended that Nvidia users add the parameter –enable-nv-hotfix in order to reduce the CPU load a but still running the miner on the main GPU may make the system a bit unresponsive even with that parameter. Still if you are interested in mining MNX (even with the high hashrate and low block reward at the moment) or any other Equihash 96/5 coin you might want to check the lolMiner-mnx out.
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):
We are proud to offer the most bleeding edge software technology to share with our fellow miners and it is a privilege and honor to receive so much support. Thank you to all of our friends, developers and colleagues that share in making PiMP such a success!
Routinely during its operation the miner will also display useful information such as the GPU temperature(s), sol/s per card and total sol/s. The part highlighted in a table fashion is what was enabled by using the –pec flag above and displays a rough efficiency reading you can later use to help fine tune your settings.