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.
In 2009, Bitcoin was one of the first applications of the blockchain. Since the invention of money, the problem of centralization has always existed. Although it was temporarily solved in the era of the gold rush, when every ordinary man could mine gold and generate money, since then, and credit companies took control over the money, shifted over to working with credit, and practically cut off the connection to gold itself and created a monopoly on printing money. Bitcoin returned the possibility of generating money for everyone. It is no coincidence that the process of generating cryptocurrencies is called “Mining”.
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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.)
For a solid budget card, the Nvidia 1060 with 6 GB of RAM is recommended (when in stock and not ridiculously overpriced due to the card shortages we’ve been seeing in summer 2017). This GPU will beat the AMD 480s when it comes to mining Zcash!
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:
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 no secret that AMD holds a solid leadership position in the world of cryptocurrency mining. For many of our readers, NVIDIA GPUs have a good mix of gaming and deep learning training capabilities. After our extremely popular Monero mining series, which works well on AMD GPUs and Intel/ AMD CPUs, we started looking for a cryptocurrency mining application for NVIDIA GPUs. We re-discovered Zcash mining.
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.
After creating an account you’ll need to setup a worker to help keep track of your mining progress, to do this use the link below and add a new worker to your account called worker1 and set the password as x. (or use details as you see fit)
Since we included –api you can monitor the miner with a web browser as opposed to the command/terminal window. On the mining rig, navigate to 127.0.0.1:42000 in a web browser. You should see a screen like the one below.
Equihash is memory-hard but also fast to verify. Proof of Work is established by requiring “… two parameters: N (width in bits) and K (length), which determine the complexity of the underlying problem …”. The complexity of the underlying problem directly influences the memory and time required for the computation. If you want a run-through of the algorithm itself, take a look at this informative post on the Zcash forum.
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.