Cloud Based ZenCash ZEN Mining
Please consider joining/switching to an up and coming mining pool that offers: -Lower fees than most other pools (0.25%) -Fast, reliable, cloud based webserver and pool -Automatic payouts at 0.1 zen -No registration required -Support decentralization by joining a smaller pool We've already picked up a couple of blocks in our first week, but could use some additional miners to help curb the increased difficulty on the network with ZenCash going up in value lately. Thanks for considering our pool. The ZenCash network has been hit with an excessive amount of transactions today. The cause of this transaction spam I believe was a combination of the largest zen pool going offline for a bit and/or malicious behavior.
The TX spam is causing pools everywhere to have problems unfortunately. Please keep trying to reconnect and I'm sure we'll be fine soon. Once the flood of transactions find their way into blocks, everything should return to normal. I'm also running EWBF with 2 1080Ti's in Ubuntu 16.04. Are you able to get it to connect now?
• • • • • • •. Here's what happens: When the pool discovers a block, 12.5 zen is created. 1.5 zen go to the creators of zencash, and 11 zen + transaction fees go to the pool. After 100 confirmations on that block (usually takes a couple of hours for this to happen), the 11 zen plus transaction fees are broken up and paid out to the miners on the pool based on their shares. This pool uses a payment system called PPLNS, which will reward you with even more money over time than a typical PPS system as long as you continue to mine with the pool and refrain from 'pool hopping'.
We have a link on the main page for PPLNS if you want to get the technical breakdown of how it works, but in short, it rewards pool loyalty. • • • • • • •. You are exactly right.
Less blocks are being discovered, but when they are, the payout is much higher since there are less miners. In the end, you end up earning the same. However, this pool has a significantly lower fee structure. The miners get 99.75% of the block reward + the transaction fees. Other pools are taking upwards of 1-2%, and some even take the transaction fees that are included in the block reward. In addition, a lot of these larger pools are overloaded to the point that their websites and/or pool performance suffers. This can and does result in rejected shares.
Rejected shares happen everywhere, but you want to keep them to a minimum for sure as they lower your profits. So far, everyone on the pool since it's inception has earned more than they normally would. A lot of that has to do with luck in finding blocks earlier than we should mathematically, but some of it is the reduced fee structure and faster server/network. Lastly, it is healthier for the coin itself to have a decentralized mining structure.
Sep 12, 2017 - Zencash is an improvement over Zcash. The fees to founders are lower and Zen offers several technological innovations. Zen uses the same equihash algorithm as Zcash. Zen trades under the symbol ZEN. You can mine ZEN with Nicehash, Claymore, Optiminer, Genoil, and other popular mining software. To mine Zencash just use any ZCASH (EquiHash) miner. CPU Mining: Download Nicehash Miner. ZEN requires modified nheqminer, download is. Based on open source z-nomp.
Right now, Supernova has 33% of all the hashpower for Zen, which is not a good thing. It is my hope that if you don't join this pool, that you at least consider another smaller pool to help even things out for the good of the coin's prospects long term. Thanks for your post. Good question! • • • • • • •. You can't go wrong with the 1070/1070Ti, solid cards.
Me personally, I'm more of a fan of the 1080Ti line if you can get one for a reasonable price, which I know is hard to do with just about any GPU right now. The reason why I go 1080Ti over the 1070 isn't because it's a better bang for your buck, because they're both about equal right now. I prefer the 1080 line over the 1070's and 60's because I feel the 1080 will have better resale value. Who knows though, maybe it wont.
I also feel that the slight efficiency gain you get with the 1060's and 1070's over the 1080's is negated by the additional USB risers you have to buy, larger motherboards, more positions on a GPU mining rig, etc etc. As for vendor, I only buy EVGA. Their support is the best, and their reliability and quality is top notch. IMHO, they are worth the small premium you pay. That said, the Gigabyte is a good option. I've never had any problems with them.
All that said, the 1070Ti is a really solid choice. I almost bought 6 1060's the other night until the 1080Ti I wanted literally became available while I was putting the 1060's into my online shopping cart. Sometimes you just have to buy what you can get.:) • • • • • • •.
Is dedicated and reliable pool to mine new ZENCASH coin (ZEN) with low latency stratum servers around the WORLD! Best Graphics Card For Zcash ZEC Mining 2018.