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:
Besides the ability to rent and lease hashrate for the new Equihash mining algorithm being used by Zcash (ZEC) NiceHash is also offering what they call Fast Zcash Cloud Mining Contracts. These are 24 hour mining contracts, but with a large amount of hashrate that you are getting for this short period of time. This is an interesting alternative to long term cloud mining contracts, but probably not the best one for the moment while we are still in the slow start of mining for Zcash. Still a nice alternative to have to long term contracts as well as to traditional renting of hashrate where the price may vary and here you have a fixed price for the day.
Keep in mind that Equihash makes CPU mining still somewhat feasible for Zcash. However, you’ll mostly receive a better RoI with GPU investments, so consider the options above first before exploring your CPU options.
Disclosure: Mining equipment metrics are calculated based on a network hash rate of 437,207 KH/s and using a ZEC – USD exchange rate of 1 ZEC = $ 243.51. These figures vary based on the total network hash rate and on the ZEC to USD conversion rate. Equipment cost can vary, block reward is fixed at 10 ZEC and future block reward reductions are not taken into account. The electricity price used in generating these metrics is $ 0.12 per kWh. Network hash rate varies over time, this is just an estimation based on current values.
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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.
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!
There is a new miner for Nvidia CUDA GPUs available for mining Zcash (ZEC) promising a slightly faster hashrate than the currently fastest implementation of the NiceHash EQM Zcash NVIDIA miner. The most important thing about this new miner is that it is not limited to only mining on NiceHash, so even with the same speed it is still a nice thing to have as it supports Stratum mining on other mining pools besides NiceHash (it does seem to support NiceHash’s Extranonce Subscribe as well). According to the author of the miner it is designed for Nvidia Pascal GPUs, but should work on older Compute 3.0 or higher Nvidia GPUs with at least 1 GB of video memory. Do note that the miner is not open source and there is only a Windows 64-bit binary release available at the moment, it does not seem to be based on other popular codebase and is not being reported as malicious software by antivirus products. You might still want to have something in mind as the user that posted it on Bitcointalk is a new account and not an established miner developer, even though it seems that the miner does work pretty well.
Zcash offers total payment confidentiality, while still maintaining a decentralized network using a public blockchain. Unlike Bitcoin, Zcash’s private transactions hide the sender, recipient, and value of transactions on the blockchain. Only those with the correct view key can see the contents. Users have complete control and can opt-in to provide others with their view key at their discretion.
The average mining rate of the system is 200Mh/s, providing an opportunity for an excellent return at current ETH values, if ETH continues to climb as Bitcoin has it will produce a return many times over.
I’ve had success both ways, so if you run into an issue with one method, delete the drivers and try the other method. If you need to remove your drivers, use the DDU (Display Driver Uninstaller) program from Guru3d.com to remove everything cleanly, then start over.
For this guide I am going to use the Flypool Zcash mining pool and will modify the flypool.bat file. This file will need to be modified with your wallet address as well as any other extra option you wish to enable. A copy of my modified batch file is shown below:
I have 1080 TI FE and instead of doing 8 USD/day – now am getting 3 USD/day with nicehash! doesn’t worth it’s effort working for now but i will keep it on for a while and will keep on watching. Hopefully!!
I am currently using 1 MSI 1080ti seahawk x, 2 PNY 1080 ti FE and 2 ASUS 1080 ti Turbo. Definetly recomend the MSI and PNY, The ASUS turbo not too much, dont have backplate and not good for UV OC, If you are going to buy 1080 ti, this article have all the details all all 1080 ti models:
Some of the above specialize for AMD GPUs, whereas other are tailored to Nvidia GPUs. However, you’ll find that the Claymore Miner works just fine for both, so the choice is ultimately a matter of preference.
Freedom Miner is a Zcash Miner beast and is defaulted to mine ZEC out of the box. However, changing currencies is a breeze before or after you receive the rig. During purchase simply provide us with your wallet addresses for the coins you wish to mine and we’ll send your rig pre-configured. Don’t have wallet addresses yet? No problem, we can ship your rig with our system defaults. Freedom Miner comes with a standard 3-prong US style power cord, but other standard power supply cables are compatible as well.
Ran the settings on both miners and it’s more like 4-5% more than EWBF. 1080 + 1070 =~1020 Sol/s on Bminer with 60% Power limit and 350 W at the wall. On EWBF it’s ~970 Sol/s for both. The 1080 gets the biggest boost on Bminer about 10% ~574 Sol/s with 60% power limit. I’m mining on Flypool which only shows the effective hash rate, so it will take a while to be accurate but it seems legit.
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.
I think the Nvidia bottle neck applies to anything you mine on Windows. It has to do with the recent Nvidia drivers. That’s why I suggest ubuntu. Now I’m not for sure on Windows 7 because I only use Windows 10 and Ubuntu. If you find something out let me know!
We also recorded power consumption during our testing both before mining, then after adding the GPU and having it mine for 60-72 hours. Here is what an average power consumption, per card, was for the final 12 hours of our observation period when the cards were thoroughly heat soaked:
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.
Hello zcasher, I would like to mine zcash for fun (and learn) with my laptop’s CPU. I how could do it? Whats software do you suggest (Windows) Since now I have tried to mine Monero using Claymore’s CryptoNote CPU -where the developer ask for a 2.5% –
4. For all repairs or RMA, within warranty or not, customer must return the defective parts at his/her own expense after opening a support ticket and troubleshooting with Asic Miner Market instructions.
From a security minded engineer: How can I trust someone sharing Windows executable via Google Drive and using WinRar? The guide is nice but it raises lots of security concerns. There’s no auditable open source code and stamp by security experts. Not long ago we had WannaCry spreading in the wild.
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.
The new Zcash (ZEC) cloud mining prices are the following after the last upgrade with 25% improvement in hashrate – 0.75 H/s for $29 USD, 7.5 H/s for $280 USD and 75 H/s for $2600 USD. These are up form 0.6 H/s, 6 H/s and 60 H/s for the same prices thanks to the hashrate improvement that apparently the company has achieved in their mining recently. Also don’t forget that you can use our special discount code during checkout to get 3% off the regular prices for Zcash mining hashrate, just enter CryptoMiningBlog5 as promo code during checkout to take advantage of the better price offer.