In the beginning Bitcoin network transactions where secured by individual hobbyist miners. With the introduction of ASIC hardware security, functionality has been disproportionately concentrated into a handful of corporations making it less secure.
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Yeah pretty good, but since the last month has been a little weird, it basically keeps disconecting form the main pool from time to time (for 3 min to 1 hr in a row once every third day), aside from that it works perfectly. This is just an opinion for Ethereum and Siacoin pools, i cannot say anything about others coins.
Below is an example of a batch file that we use on one of our Windows-based mining rigs. Everything is contained in a single line in the .bat file. That single line specifies the program to be run (miner) and a few settings that customize the miner’s activity. Finally, and most importantly, one of Zcash wallet addresses is specified so mined Zcash goes to the right place. Here’s the .bat file that we are currently using to start mining. Scroll to see all of it’s contents if necessary.
This article needs to be proofread. There are multiple spelling errors and incorrect word usage, such as “This is because the Claymore miner is faster but only works for CPU.”. Claymore miner is faster for GPU, not CPU.
I recommend looking into MultipoolMiner or one of the forks from it. It does not have bminer, but it does have more pools and a lot of miners. If a pool gets hacked again, I will lose less because it is distributed across multiple websites.
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.
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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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I think I will end this guide at this point for now as it is getting to be quite long. While I originally intended to cover fine tuning and going over other optional arguments that the EWBF miner can use, I think I will wait and make this a two part guide. For now this Part 1 covers the basic and configuration of getting the EWBF miner running and shares being submitted to a pool. Since it will usually take some time before reaching a pools minimal payout period anyway, especially for just one or two cards, we have some time.
The good news is that getting started with Zcash mining is very simple. You don’t need to download the full Zcash blockchain or manage clunky command-line miners with manual instructions; you can mine directly to an exchange or to a hardware wallet such as Trezor or Ledger Nano S. Of course, you should always do your due diligence to ensure your coins will be properly supported before sending them anywhere.
There are many risks when it comes to Zcash mining on your NVIDIA Pascal desktop GPU. First, Zcash pricing can be unpredictable. We have seen major drops in value before (depicted above.) One also needs to be able to convert Zcash to standard currency which may incur transaction fees and/ or be difficult.
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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 miner 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)…
Equihash est un algorithme de hash spécifique qui a été créé par les créateurs de Zcash. Une de ses particularités est que cet algorithme demande une très grosse quantité de mémoire vive (RAM) et une grosse bande passante à cette mémoire pour que le mining soit profitable. Ainsi la production d’ASIC est à ce jour impossible et seules les cartes graphiques peuvent réellement le miner. (Il est également possible de miner equihash avec son CPU mais cela n’est vraiment pas rentable et il y a plus de perte en énergie que de gains.)
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
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 this post I’ll break down the various steps required to mine the eagerly anticipated Zcash which is due to be released on the 28/10/16. In advance of the launch day we can prepare our machines to be ready right from the very start.
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Keep in mind that your profitability will depend mostly on your electricity and internet costs. As such, it’s common to find large mining operations close to power plants, as those ventures tend to strike up B2B rates with the plants themselves to ensure profitability. But don’t worry, it’s likely that your conditions could lead to a reasonable ROI (Return on Investment) as well. Just make sure to calculate the ins and outs of your situation before you make a sizable investment.
Hey Charlie, Well, you should multiply the hashrate and electricity consumption and price tag of each GPU by 6, seeing as the Zodiac contains 6 GPUs. When you identify which exact card the Zodiac is using, you’ll be able to search those details but you’ll still need to account for there being 6 GPUs in the complete unit, so 6 times as much hashrate, cost and power consumption. That’s how you’ll know how soon the unit will pay for itself (at least with the current price and difficulty parameters). $180k per year sounds way too good… Note that I’m assuming… Read more »
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).
For the purpose of this guide, we’re going to do a detailed walk-through of setting up and using the very popular Nvidia EWBF Miner. If you have AMD cards, mining Ethereum is usually your most profitable option.
If you’re interested in taking your crypto mining to the next level, sign up at Crypto Mining Academy, where I go massively in-depth, detailing every step of this process in a comprehensive course. Happy mining!
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).
Today the blockchains of Bitcoin and Ethereum are so heavily loaded, that even participation in a mining pool has become unprofitable, as the amount of resources invested in mining (electricity bills) usually exceeds the return. For this reason, the mining guide we are presenting today is a Zcash mining guide.
You will now need to choose a pool in which to mine at. Most pools now use your wallet address as an account, with payments sent automatically to your wallet address once you reach the pool’s payment threshold. There are still some exceptions to this, such as the Suprnova pool which still requires you to register an separate account and input your wallet address separately.