“retirement investment -eth currency”

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 »

Similar to the Claymore miner (which does not currently support Zcash mining under Windows), the EWBF miner contains a 2% developer fee which can be turned off in the batch file. It is noted in the thread that disabling the fee will slightly reduce hashing power, similar to that same behavior with Claymore’s miner.

Earlier today Zcash (ZEC) went live as expected and people are already starting to mine it, some of them probably are still not aware of the slow start with very small block rewards initially. Regardless, with what is available as miners at the moment there are pretty much two places where you would want to go for mining if you still haven’t done so. The first one for CPU mining and CUDA mining is Flypool that uses a modified version of NiceHash’s stratum miner available for download here CPU/CUDA miner for Flypool.

FPGA   Field Programmable Gate Array, an FPGA is the former king of the Bitcoin mining world. An FPGA is an integrated circuit whos function can be changed as it can be reprogrammed. This makes if more versatile than an ASIC, but far less efficient in its ability. They enjoyed a short time between GPUs and ASICs as the most efficient way to mine. For further details, please see our hardware page.

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!

Once you have your batch file configured with your settings, it is time to test it out. Save and close the text editor and then double click on the batch file to run the program. If everything is running correctly you should get a screen similar to the one shown below:

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You can go through the list of Zcash mining software that is easily available online. Some of them contain a built in developers fee. First of all you need to set up your local Zcash node and configure it and then start mining.

If the invalid shares were to exceed 3%, or stay at a constant 2%, you should check first to making sure you are connected to the flypool server nearest you. If you look on their homepage they will list different addresses for servers located in different parts of the world.  The next thing to check would be back on the miner to make sure you are not seeing any errors being generated there. There are too many possible scenarios to cover all in this introductory article, so I will leave any in-depth troubleshooting for a later guide.

Blockchain   the public record of all bitcoin transactions. The blockchain may be viewed by anyone and can be used to determine how many bitcoins were attached to any one address at a given time. One place to be able to easily view this information is blockchain.info

Zcash mining is largely limited to GPU and CPU mining rigs. One one hand this means that it is more accessible to beginning miners. On the other hand, this also means that you there are a plethora of hardware options to choose from.

If you are new in crypto like me and don’t know where to start or what to do, check this article, it helped me find the good exchanges, save a lot in commission fees and showed me how to earn free coins (not many but a little of different coins, who knows, maybe one day they will be worth a lot) :

It also ensures that information of transaction is verified by the miners.  It means that this digital currency provides selective transparency and privacy of transaction.  The payment of Zcash may be published publicly on public block chain but the transaction amount, recipient, sender may remain private.

As you can see, Flypool offers quite a bit of information on your progress. At the top we have Hashrates which show your current (2 hour) and long term (24 hour) average hash-rates, your Immature Balance (which is simply the coins not yet fully confirmed on the network), Unpaid Balance which is you confirmed coins waiting to be paid once you reach the payment threshold, number of active workers, and a summary of submitted shares in the form of valid/invalid.

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.

It is important to know, that mining on a personal computer is supposed to be done for the purpose of learning. In order to generate profit and achieve massive cooling as well, it is better to build or purchase dedicated mining machines.

Running four Gigabyte Aorus Waterforce Extreme in a normal Case. Runs smooth, almost quiet, a lot of overclocking potential cause of the Watercooling. Getting 3000H/s with slight oc. Good GPU. Highly recommended.

Before we begin, it is important to note that the responsibility of mining rests only with the miners themselves. Caution is required when running a computer and using high power for a long period of time. We have never heard of case where a miner burned a house down, but computers can certainly smoke. In addition, no one is guaranteed to see profits due to fluctuations in exchange rates and a change in mining difficulty level and performance.

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:

Mining and holding crypto is similar to the old adage of buying low and selling high, except for the fact that most buyers don’t know how to do technical analysis, so they buy and sell at the wrong times. They buy high during parabolic price increases and sell low during what could be normal price corrections on continued upward trends.

At the beginning you could effectively mine Zcash with just a CPU, but due to advancements in software GPU’s have a huge advantage over CPU’s. You can still use a CPU to mine but your return will be very low, so all of the serious miners use GPU rigs. GPU miners will often fall into one of two camps:

Mining   This is the process by which new blocks are created and all Bitcoin transactions are verified. Mining is actually a poor name for the process taking place, but caught on due to the hope of completing a block and winning attached Bitcoin reward.

You will also need a mining pool to direct your hashing power to. You can compare features and reviews on multiple Zcash pools here. We are going to choose nicehash pool for this guide, but it will work with any poo

How much can be earned depending on hash rate? DO you have to use Ubuntu. I have windows 10 and two GPUs on an Aorus X7 Pro which comes with an Nvidia graphics card. I was trying to mine ETH and I found it to be very taxing on my computer and due to the fact I had Windows 10, there was a bottleneck issue where it mines at a slower hash rate than it would if I used Windows 7. Does the same apply to Zcash? Does this sound familiar?

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