Zcash Mining Guide for Beginners
Zcash Mining Guide for Beginners
How To Mine Zcash nvidia, linux, mac, windows
Zcash Mining Guide for Beginners, Zcash has become very popular term and people want to know more about it. This is a Cryptocurrency that generally uses zk-snarks. This anonymous digital currency ensures that all the transaction information is safe and safely encrypted.
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.
Zcash mining is very simple and it is good news for beginners now they need not to download full Zcash block chain. They need not to manage clunky command line miners with manual instructions. If you are a beginner you can go for Zcash mining directly.
You can mine it to an exchange or to hardware wallet like Ledger Nano S. amd Trezor. In this guide, we have mentioned all about the setting process of Nvidia EWBF Miner. You should know how to set and use it up. Mining process can be very profitable for you if you have any AMD card.
If you are a beginner and looking for a well priced AMD card, then Zcash mining on Nvidia GPU is very beneficial with EWBF miner. It is optimized to get maximum performance.
The whole Zcash mining process includes set up, miner downloading, configuring windows and batch file setting to run and much more. Zcash generally uses equilhash as a hashing algorithm. This is an asymmetric memory hard PoW algo. This is based on the generalize puzzle. It relies on high Random Access Memory needs to bottleneck the generation of proofs and ASIC development unfeasible.
Not everyone has the proper knowledge, time and patience to start Zcash mining on their own but still you can go for Zcash mining using your own computer. If you have already decided to mine Zcash, you should know what hardware you need to use. First of all you go for right hardware, then software. There are so many software types available in market that works with various different hardware configurations.
The Zcash software can be a complete package that helps you run full node. This software is offered by Zcash Company this software let you mine with your CPU. It has a built in wallet that is needed to send and receive Zcash.
If you are a beginner you should know how to install and use this software. This software takes benefit of your CPU to mine. You can also build a dedicated GPU rig for mining the basic software but this is not sufficient. You should decide on software that optimizes to take profit of your GPU.
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.
Digital currencies are mine to a transparent address but it can be spent to shielded address or Z-address. This currency should be swept out of the transparent address in one transaction without any changes. You should use the Z-sendmany command to send currencies from a transparent address to shielded address. You need 4GB RAM for this process.
If you are mining at home or by yourself, you should join an existing mining pool. You can choose mining pool to get it started with this process. You need a mining pool to direct your hashing power. You should compare reviews and features of multiple zcash pools in order to get right decision. You should choose the nice hash pool to get profitable mining experience.
The other thing is wallet that you need to complete the mining process. You require a wallet to receive, send and store your funds. There are multiple GPU wallets available and you can choose the right one. You can compare the features and reviews.
You should also go through the various guides that help learn how to install any of them wallet. You can also use an exchange as a wallet but this is not recommended. Once you have your pool and wallet ready, you can start process of Zcash mining.
You can mine Zcash with CPU. If you are about to use nicehash miner it can work for both GPU and CPU. You should use different miners for GPU and CPU. It is as the claymore miner is fast and works only for CPU. You can download the nicehash miner and extract the files within the zip folder.
Using this miner is easy but you have to specify the number of cores you have for better performance. You should check your CPU count by opening task manager. The nicehash miner has 2 versions and comes with it. One version is to get paid in BT C and another in Zcash. Now open the nheqminer_zcash” file now you can start mining with CPU and paste the command given below:
<nheqminer_zcash.exe -l eu -u ZEC-ADDRESS -t 8> you can replace ‘eu’ for your mining pool address.
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.
You can download the claymore zcash miner and choose a version. You can download it, you should go for the latest version. Open the zip folder and extract the file and use it. Zcash mining can be a great way promotes the purchase of high end and new GPU. Zcash can be traded for BTC that can easily be sold for cash. So Zcash mining is a good way to fill your bank account indirectly.