The decentralization is done using the blockchain technology. Blockchain, is a type of a ledger that confirms transactions and lives in a distributed-fashion in the cloud. In other words, a group of computers around the world holds copies of the order books and for any given change in it, all the copies are updated. When a majority of the computers authorize a transaction, the money is securely transferred and added to the next block which will be written.
Claymore’s Zcash (ZEC) AMD miner has been updated a couple of times already since the release of the initial version from some days ago. The number of optimizations and hashrate improvements with pretty much each major update has been tremendous, bringing back to life many of the old AMD Radeon GPUs such as 7950/7970 or the 280X, some of the most popular mining video cards for the last few years. The latest release, already a major version 6 brought more fixes and optimizations in terms of performance. As one would expect Nvidia is left behind once more, even though there were some signs that recently it was starting to catch up to the levels of performance of AMD GPUs, it is now yet again significantly slower. So owners of Nvidia-based mining rigs might want to switch to some other alternative for mining at the moment after the latest performance boosts from Claymore. Do have in mind however that Claymore’s Zcash miner does come with a 2.5% dev fee, below is a list of major changes and updates of the miner after the initial release:
The following configuration of mining machines are suitable for virtual currency based on Equihash Algorithm: Zcash(ZEC), Zencash(ZEN), Bitcoin Gold(BTG), Komodo(KMD). Click on the name or login to minethecoin.com to view the current earnings. The mining machines earnings unit is Sol/s based on Equihash Algorithm.
I think nowadays altcoin mining become faded. Since mining is not a good solution for scaling up the altcoin. The altcoin is going to change from POW to POs. And there are more and more ICO with fixed amount of tokens. So the future of mining is not so optimistic…
And that’s it, you’re ready to mine for Zcash. Simply click the Start.bat file and you should start mining. You can also look up the statistics of your miners on the pool website that you’re using by inputting your public address.
Yuval has been on several customer facing and management positions in software companies and projects. An industrial engineer with a passion for business, technology, and innovation. Loves to create while having fun!
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.
Bitcoin Gold blockchain database is going to be secured with Equihash algorithm that is ASIC resistant. Being able to mine bitcoin with conventional GPU hardware ensures Bitcoin Gold network security functions are well distributed across the world.
I use the MSI GTX 1080 TI AERO. These cards are the best in performance and cooling. They have from to back airflow that keep these cards cooler than most. Note: Do not buy the Gigabyte version of these. They have firmware issues and crash.
There are some other mining pools. One of them is 2Miners.com . 2Miners is a mining pool for ZEC mining as well as for all Ethash and Equihash coins. For all of them, SOLO mining option is available. Other features include monitoring bots (free of charge) for any amount of rigs as well as block notification bots. 2Miners have implemented the unique Nicehash ports for rented hashpower fully compatible with Nicehash stratum. Their servers, with DDOS protection, are located in EU, US and ASIA servers are planned soon.
Hey Charlie, OK, I expect you’re checking that out on the South African Bitmart.co.za site which sells miners and other crypto gear? It’s their name for 6x 1080 GPUs in a re-assembled rig… So sure, it’ll be good for mining zCash, as that’s its intended purpose after all and the 1080 GPU is a good miner. That said, electricity in SA has become pretty expensive and Bitmart’s prices are fairly steep. Their setup goes for R88k but I see that a single GT 1080 (basic model, not the Ti) goes for about R10k on Evetech: https://www.evetech.co.za/PC-Components/buy-nvidia-geforce-gtx-graphics-cards-47.aspx You should check which… Read more »
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I briefly mentioned it while reviewing the EVGA GTX1080 card, but I thought I would take some time to go over EWBF’s Zcash Cuda Miner in more detail and help anyone unfamiliar with the program or mining in general to get setup and running quickly with it under Windows.
If all is looking good at this point, congratulations, you have successfully setup the EWBF miner and pointed it to a pool and are earning Zcash. After some time you can go to the Payouts tab to get a estimate of your expected income, but the numbers don’t really mean much until at least 24 hours of constant mining have gone by.
[WARN] [2017-12-04T23:58:59+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
TBMINER has no duty to provide the service of installing and debugging door to door. The accessories are provided by TBMINER, and the installing and debugging are responsible by the customers themselves after buying. The install video could get from our website, please click to view.
Bminer is a highly optimized Equihash miner that runs on modern NVIDIA GPUs (Maxwell and Pascal, i.e. GPUs that have compute capability 5.0 or above). Bminer is the fastest publicly available Equihash miners today. It features a completely restructured algorithm to maximize the stream processor occupancy and the instruction pipeline efficiency. It realizes the full potentials of Pascal GPU cards.
Hey guys, thanks for the fantastic guide. I have a windows 10 system with two nvidia GPUs. One is gtx 960 and the other is gt 710. I am using escavator for mining zcash. I m getting 127 H/s if i use only my gtx 960 GPU. When i added the second GPU, escavator does not read it, ( windows does), still getting 127H/s. How do i increase this? Any ideas pls.
Asus GTX 760 DirectCU2 OC 2GB 60 4 1290 6450 368.81 99 Power target 105%, Coreclock +218 MHz, Memclock +442 Mhz, Min GPU voltage +100mV, fan manual 100% EWBF 0.3.4b Win 10 x64 Kappawaii new / used as of June 2017
Thanks for the article i’ve set up everything I believe correctly and I have one gpu msi armor gtx 1060 running but my other 2 gpus (same models) are not running. On initial start up all gpu fans will spin and then one pretty much takes command. Any thoughts on what the issue could be??