Cryptocurrency markets are and are rife with manipulation. Zcash is a relatively medium sized cryptocurrency currently valued at around $150M USD (at $104 USD per ZEC.) As points of comparison, Monero’s market cap is about $500M at the time of this writing and larger players like Ethereum and Bitcoin are well over $10B USD each. With such a small market cap, Zcash is particularly susceptible to market fluctuations.
Below this there a graph displaying you current and long term averages in a more visual manner over time, followed by a bar graph of your shares submitted over time. Next there is a graph displaying active workers, which is only really useful if you have more than one and one or more would drop off the pool.
Unfortunately it’s currently written specifically for linux and uses direct OperatingSystem calls to be as fast as possible, to have very low cpu usage and to consume energy as little as possible. However if people are interested in a Windows version I’ll port it. First we have to check how it performs on something faster then a 750ti However my test are very promising.
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.
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.
Run and verify that the software is mining correctly. After several minutes check your pool for statistics (should see some shares appearing), and after minimum payout level is reached (could be days with one or two cards) check your wallet or exchange to confirm payment was sent by the pool and properly received.
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
The card should have at least 1 GB of RAM, or it won’t be able to properly mine Zcash. This is a correction from the video, as EWBF supports GPUs with just 1 GB of RAM, compared to Ethereum’s 3 GB requirement. However, many older cards may not be energy efficient enough to turn a profit, so check on whattomine.com by entering your card’s info.
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.
Zcash mining is getting pretty popular but solo mining can get pretty lonely. Come test the waters on a Zcash pool! All you have to do is follow this guide! We are going to use the NiceHash open source miner, which allows us to mine for BTC or for ZCash. Since we want to keep our newly mined ZEC, we’re using the second option.
Could someone help me out here. I’ve got a R280X that should run around 290 h/s on equihash. I runs great guns on Cryptonite 485 h/s but when I start Claymore Zen64 miner it starts out at 275 h/s and then starts to throttle back to 150 h/s. It drops my clock speed in half and I have no control over setting thru MSI afterburner. It mines along but at half the speed 500mhz.
If you are okay with the risks, then Zcash mining offers a way to monetize your NVIDIA GPU. We did try mining on Maxwell, and for that, Monero was more efficient. The impact of this cannot be understated. The Geforce GTX 1070, GTX 1080 and GTX 1080 Ti are still the top dogs for gaming, VR, deep learning, and most other deep learning activities, at least until AMD Vega launches and becomes available. With Zcash mining, NVIDIA GPUs can remain competitive on crypto mining profitability.
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.
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.
You mention Linux, my only question is… are you gaming on Linux as well, or just dual booting? I know there isn’t an nvidia-docker for Windows, so I was wondering the easiest/quickest way to start up a zcash instance on the side.
For this test, we are using the EWBF 0.3.3b miner. We are comparing all of the GTX series GPUs in terms of mining performance as well as power consumption. For the NVIDIA GTX 1070, GTX 1080 and GTX 1080 Ti we have both Founder’s Edition and overclocked variants. We did not test the GTX 1050 (2GB) and GTX 1060 (3GB) variants because they have significantly lower value for gaming and machine learning. We are assuming these GPUs are not dedicated miners and instead Zcash mining is something to utilize hardware while it is idle/ offset costs.