Posts Tagged ‘Zcash’

The Latest Zcash (ZEC) Miners to Use for Your Mining Hardware

2, Nov 2016

zcash-nicehash

Here is a quick list of the latest CPU and GPU miners available for mining the Zcash (ZEC) that uses the Equihash algorithm used by the coin. Since most pools and miners are based on Stratum mining support you should be able to use them on almost all mining pools with support for ZEC. What you should be looking for is what works best on your hardware in terms of stability and what provides you with the optimal hashrate in order for you to maximize your profit. CPU mining is still viable as GPU miners are yet to be further optimized to be able to provide significantly higher hashrates, though you should know that the days of the CPU mining of ZEC are probably numbered.

Because of the slow start mining that Zcash has implemented the block reward is still growing, so even with price going down and the total network hashrate going up the overall profit for mining and selling Zcash remains pretty stable and most importantly pretty high compared to other crypto coins at the moment. Because of that it is a wise decision to mine and sell Zcash at the moment until the end of the slow start of mining when the block reward will stabilize at the maximum level of 12.5 ZEC and that should provide a more stable price per coin than at the moment. Mining ZEC coins now and keeping the coins may result in them loosing significant value at least in short term, though in long term it might still be a viable option, so consider what to do carefully.

Best CPU miners for Zcash:
– NiceHash’s nheqminer v0.3a (also supports CUDA and OpenCL)*

Best AMD OpenCL miners for Zcash:
– ZECMiner v0.6 by Genoil

Best Nvidia CUDA miners for Zcash:
– NiceHash’s nheqminer v0.3a (also supports CPU and OpenCL)*

* 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.

Genoil’s latest ZECMiner is pretty much the fastest public OpenCL miner (Windows binaries only) for Zcash at the moment, though there are some stability issues with cards dropping to 0 Sol/s and the miner crashing. The situation improves with each new version, but the miner is still not that good stability wise. The latest Nheqminer supports OpenCL mining, but is slower than ZECMiner, even though stability wise it is better… it is much better for CPU and CUDA mining though. Hopefully soon there will be other faster GPU miners that will offer more stability and features along the improved mining speeds, but for now you will need to do with what is currently available.

Zcash (ZEC) is Now Slowly Stabilizing After a Bumpy Start

30, Oct 2016

zchain

Zcash (ZEC) had a good start, but there were trouble with different pools and miners, even though everyone was willing to mine due to the overblown initial price of ZEC coins and their scarcity on the market. Now things are already starting to stabilize with prices going down to a more reasonable level, pools having less trouble and more miners to choose from. The slow start implemented for the launch of Zcash is working as expected with the block reward just a bit short from 1 ZEC at the moment and a network difficulty of 2,585,881 Sol/s with just about 751 ZEC coins mined so far (20% of them in the hands of developers).

Just as we have expected and predicted the big interest and a lot of hype have materialized in high demand and big initial price and while the price is still pretty high it will continue to go down as the block reward increases and more ZEC coins become available on the market. So if you are mining ZEC at the moment it might be wise to sell them now and later on buy more at a cheaper price with the money you have made from mining at the moment… seems like the most reasonable thing to do, otherwise the hard mined coins now will be worth even less in a couple of days.

The positive effect from the big move of mining hashrate to mine Zcash is that some other coins have become more interesting to mine if you are mining and holding on the long run than instead of mining and selling immediately for profit like you might be doing with ZEC. So now that the profit is not as big as at the initial launch you might also look around for alternatives and see if they might have become more interesting to mine than they were before the Zcash launch.

– To keep a track of how things are moving with the Zcash using the Zchain explorer…

Zcash (ZEC) is Now Live, Some Tips Where To Mine and How

28, Oct 2016

flypool-zcash-nvidia-cpu

Earlier today Zcash (ZEC) went live as expected and people are already starting to mine it, some of them probably are still not aware of the slow start with very small block rewards initially. Regardless, with what is available as miners at the moment there are pretty much two places where you would want to go for mining if you still haven’t done so. The first one for CPU mining and CUDA mining is Flypool that uses a modified version of NiceHash’s stratum miner available for download here CPU/CUDA miner for Flypool.

coinsforall-amd

For AMD mining you might want to head on to the Coinsforall mining pool that uses its own different protocol and has an OpenCL and CUDA miner. Earlier today Genoil has posted an OpenCL miner binary for Windows with stratum support, however it seems that his miner is still not ready for major use as most people are reporting issues making it work properly. We have tried his miner and also had trouble making it work properly, so if you have AMD OpenCL GPUs just go for Coinsforall for the moment and use their miner.

Exchanges where to trade ZCash (ZEC):
– Binance
– Bittrex
– GATEio
– Kraken
– HitBTC
– Yobit
– Livecoin
– Citex
– Stex
– Crex
– Graviex


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