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Another popular service for renting and leasing hashrate, namely Mining Rig Rentals has yet to introduce support for the new algorithm used by Zcash (ZEC), so for the moment it is not interesting option for people that are all into Equihash. With the big interest however we are not going to be surprised if they don’t take much time to also introduce Zcash support in the next days.
* The nheqminer is available with hardcoded pools from nicehash, suprnova and other mining pools supporting Zcash, so make sure you download the correct version for the pool you are going to be mining at.
Hi.. Need some help.. I have [HP Pavilion Notebook 15-ab055tx](https://support.hp.com/my-en/document/c04 731184) with NVIDIA GeForce 940M (2 GB DDR3L dedicated) Graphics…Do you think it’s possible mining Zcash In this laptop..
In order to mine using this guide, there are two things that you’ll need. The first is a wallet to store your funds. There are currently multiple GUI wallets available and you can compare them here. You can also use this guide to learn how to install one of them on Linux. It is also possible to use an exchange as a wallet but we do not recommend it.
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.
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!
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.
As you can see, pricing has some fairly wild swings. As another example, this article was written Saturday, 20 May 2017 when the price was $104 USD to 1 ZEC. On Sunday 21 May 2017 the price hit $123. At the time of this publication (9AM Pacific 22 May 2017) 1 ZEC is now $248. Prices fluctuate, a lot.
For those who may be unfamiliar, Pascal is the code name for Nvidia’s latest micro-architecture which includes all GeForce 10 (10xx) series cards, such as the GTX 1050, GTX 1060, GTX 1070, GTX 1080, the Ti variants as well as Titian X and Xp cards. So basically the miner is optimized for Nvidia 10 series cards, but should still work with most Nvidia cards that have at least 1 GB of on-board memory and Compute 2.0 or higher capabilities.
The miner still needs some work, especially on Nvidia GPUs where by default it is pretty heavy on the CPU load and memory usage as well. It is recommended that Nvidia users add the parameter –enable-nv-hotfix in order to reduce the CPU load a bit, but still running the miner on the main GPU may make the system a bit unresponsive even with that parameter. Still if you are interested in mining MNX (even with the high hashrate and low block reward at the moment) or any other Equihash 96/5 coin you might want to check the lolMiner-mnx out.
Some settings should be modified in Windows to get you ready for mining. First, you don’t want your computer to go into Sleep mode, as it will interrupt your mining. Go to your Power Settings and set Turn Off/Sleep to Never.
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 makes use of the Equihash algorithm – a Proof of Work algorithm that is unique to Zcash for now. It was invented by Alex Biryukov and Dmitry Khovratovich, and makes use of Wagner’s algorithm to provide the PoW that’s required for consensus in the Zcash Blockchain.
6. It is recommended that you install applications such as MSI Afterburner in order to control the card’s fan. In its default mode, the power is low and it allows the card to reach a temperature of 70-80 degrees Celcius (normal when playing occasionally but not healthy when it comes to a machine running 24-hours a day).
The dstm’s ZCash Nvidia miner has been available for a while and we’ve been keeping a track, but it was only for Linux operating systems – not anymore. With the latest version 0.5.2 the miner is also released for Windows in a 64-bit binary and not anymore available only for Linux miners. The miner is closed source one and comes with a 2% developer fee included. It support Nvidia-based GPUs with Compute Capability 5.0 or later, meaning it is for Maxwell or the newer Pascal video cards. There is support available for stratum as well as for NiceHash’s extranonce, so it can be used there as well without problems for selling Equihash hashrate.
Replace “stratum.zcash.nicehash.com:3357” with your pool’s server. and replace “t1RjQjDbPQ9Syp97DHFyzvgZhcjgLTMwhaq” with your zcash wallet address. Optionally, replace “YourWorkerName”. If you want, you can also replace “x” with your password.
You can also start mining process with your GPU. You can use claymore as it has a long standing reputation and optimized for miners. It helps improve the hashing rate and sometimes it takes time download and use. If you are going to use Genoil miner then it is going to work for pool mining and with AMD graphic cards. The miner may charge 2.5% fee and the every hour miner mines for developer during 3 minutes.
The answer? Difficulty. By automatically adjusting the computational difficulty of solving a block, the Zcash blockchain is able to maintain 2.5-minute intervals. You’ll notice that difficulty closely tracks hashrate, and it, too, has seen exponential growth this year:
The issue is that ewbf is not the fastest miner availible so it should be compared to dtsm´s miner and the increases are not that significant. But the 1080 boost seems nice, i will test it on my rigs.