This makes it almost impossible for low processing power equipment to get any profits. Solo mining is almost becoming obsolete in the era of profitable mining since advanced GPU technology has skyrocketed the network hash rate. One of the most popular and easy-to-use solutions on the market is the NiceHash EQM. However, on most occasions, participants have to pay a fee to join a mining pool. While the reward is easily diminished depending on the number of miners in a pool, the chances of successful block verification are high. The rewards of successful block verification are awarded to all miners within a pool depending on the amount of computing power that each miner contributed to the network. Pool Mining combines individual GPU and CPU miner effort with other miners. The blockchain securely encrypts all transactional information such as payment destination, the existence of the transaction, or even the amount of money involved. This is the place that it differs from Bitcoin – privacy and transparency. The coin falls among the three original privacy coins alongside Monero and Dash. With time, the blockchain community changed the name to Zerocash and later on, in 2016, to Zcash. Initially called the Zerocash Protocol, this altcoin began as a Bitcoin fork. A simple GPU miner, Zcash mining pool and a Zcash mining software like ewbf’s cuda zcash miner or the multi-purpose Nicehash miner is all you need to get started.įurther, several mining farms offer to buy a cloud mining contract, that offer a predefined Zcash cloud mining hashrate to be at your disposal for a specific amount of time. Therefore, the Zcash network is perfect for new miners to join without huge upfront investments, just like with mining Ethereum in its first years. The Equihash algorithm was chosen because it reduces the difficulty in mining that is associated with GPU or CPU hardware. You can also look up the statistics of your miners on the pool website that you’re using by inputting your public address.Zcash uses a proof of work algorithm just like with Bitcoin mining, on top of it, ZEC mining implements the “Equihash” algorithm, that runs on ewbf miner. Simply click the Start.bat file and you should start mining. Your Start.bat file should now be configured similar to mine as seen below.Īnd that’s it, you’re ready to mine for Zcash. For this guide we will use the ‘’ server, but choose the server closest to you. Once opened, we can set the server address, and your Zcash public address. The choices for Zcash mining pools are:įor the nVidia software, we will be configuring the start.bat file. Once extracted we can configure the miner by editing the start.bat file to set our Zcash address, and set our mining pool. If you’re using a nVidia GPU, download EWBF’s miner as shown, and extract to a folder of your choice. You can also look up the statistics of your miners on the pool website that you’re using by inputting your public address. This will prevent you from having any errors with virtual memory.Īnd that’s it, you’re ready to mine for Zcash. Uncheck the box that states to ‘Automatically manage paging file size for all drives’ and then input a custom size of 16384 (or whatever is the maximum allowable value up to 16GB) into the Initial and Maximum size fields. Then click ‘Change’ under virtual memory. Open system and on the left hand side click ‘Advanced System Settings.’ Go under the advanced tab, under performance settings, and advanced again. To do this, search for system in the start menu. Next, you will have to ensure you have the correct virtual memory enabled (minimum 16GB). Your config file should look like the following. Add this code to your config.txt file: GPU_FORCE_64BIT_PTR 1 This will ensure everything runs smoothly. First of all, we need to add this string of code to the config.txt, especially on 1-2GB video cards. Theres a few more things we need to do before we can start running the miner. Simply add your Zcash wallet to the wallet section by adding ‘-zwal YOUR_WALLET_ADDRESS’. In the config.txt, I will insert ‘-zpool :3333’. Make sure to also include the port number. Set your server address to your closest location.įor me, i’ll select the US server as shown. The choices for Zcash mining pools are:įor this guide we will use Flypool. Once extracted we can configure the miner by editing the config file to set our Zcash address, and set our mining pool. Click the download link as shown, and extract to a folder of your choice.
If you have an AMD GPU, you’ll be utilizing Claymore’s Miner. We will therefore focus on GPU mining for this guide. Nicehash is good to use for easy setup, but the hash rate is around 30% less than if you set up your own mining software with Claymore or EWBF.
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