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):
The whole process of getting set up, downloading your miner, configuring Windows, and setting up your batch file to run should take less than 20 minutes. Follow along with the steps in the video guide below, or read on for a full text guide.
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 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 as 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)…
Private Key This is the part of data that you keep secret in your Bitcoin wallet. Every Bitcoin address has a unique private key attached. Possession of this key is what allows you to maintain control of those bitcoins. If someone else is able to obtain your key, they also have control of your bitcoins.
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.
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.
Zcash, or ZEC, is a currency that developed from Bitcoin, with the addition of anonymity. While in Bitcoin’s blockchain, anyone can see the transactions between all the addresses and see each address’s balance, with Zcash it is possible to make transactions without revealing the balance of a wallet (which represents an address).
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 first question everyone asks once they have decided to try Zcash mining is “What hardware is best to mine with?” This question is not easily answered because there are many improvements in hardware and software happening on almost a weekly basis. To start, mining falls into one of two general categories
I started with EBWF then I discovered DSTM which was the tits with the higher hashrate but it was fairly unstable if I tried to adjust the vid cards through MSI AB giving me hard freezes or bsods. Sometimes they happened a short while after I walked away after adjusting a setting to give it time to settle. Sometimes hours later.
August update on my mining farm, proudly joined the 30,000 club with over 30k sols / hash on equihash which I am currently mining Zcash or ZEC with. I am using the 1080 TI, 1080 TI, 1080/1070/1060 Mini Trio GPU DIY Rig build.
For me, i’ll select the US server as shown. Make sure to also include the port number. In the config.txt, I will insert ‘-zpool us1-zcash.flypool.org:3333’. Simply add your Zcash wallet to the wallet section by adding ‘-zwal YOUR_WALLET_ADDRESS’.
On the GPU side, we are going to use the Claymore miner. Claymore has a long-standing reputation for optimizing miners and this miner speaks for it. It improves the hashing rate considerably and that is why we are going to take the time to download and use this miner as well. The genoil miner only works for pool mining and with AMD graphic cards. This miner charges a 2.5% developer fee. Every hour the miner mines for the developer during 90 seconds. However, the performance increase is well worth the fee charged. If you don’t agree with the dev feem, don’t use this miner
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