How Much Can You Make From Zcash ZEC Mining
ZCash is the first zero knowledge crypto protocol. Asic Dogecoin DOGE Mining on this page. Zcash offers total payment confidentiality, while still maintaining a decentralized network using a public blockchain. Unlike Bitcoin, Zcash transactions automatically hide the sender, recipient, and value of all transactions on the blockchain. Only those with the correct view key can see the contents.
Users have complete control and can opt-in to provide others with their view key at their discretion. For general Cryptocurrency discussion, please see. If you're not mining or haven't been mining--don't start. Save your money and buy crypto directly instead.
Not much can be told here, you basically use your day-to. Zcash mining uses “Equihash. The minimum video memory required for ZEC mining is only 1GB.
Zcash is an entire company construct, and is inferior to XMR (Monero). Ethereum hit a high of 380 in June. It fell to 180 about 2 to 3 weeks later and has literally been climbing steadily since then.
Now back in ATH territory. I'd suggest you look into XMR, OMG, ARK, Lisk, Qtum, and of course BTC and LTC and even NEO. Maybe even CVC. Ripple is highly speculative and is banker's tech to replace SWIFT wire transfer services protocol and anyone investing in that only HOPES the multiplier will kick in.XRP coin is pretty much useless and I don't see it as a viable coin longterm. The entire mindset of Ripple investors: If I buy X amount and it reaches price X.
I'll be rich, bish!! It's been chillin' at 0.18 for months, now in.20 territory. System Requirements For Ethereum Classic ETC Mining. It's nowhere near its ATH Flawed strategy Imo Invest in sound, innovative tech that has historical price charts you can assess And lol if you dont know that a 1080 is a GPU, and if you think it's a computer, well, mining is definitely not for you!! You have to know how to troubleshoot computers and should be familiar with building them as well.
It's clear that you do not have that skill set based on your array of questions. Put about $100 a week into BTC and see what happens after 6 months.
You can always exchange BTC for any other crypto. • • • • • • •. So, let's see, in order to make a decent profit mining ZEC, you'll have to get at least 4 video cards. 4 1080tis will pull in ~480/mo.
That's approx $2800-3200 in gpu costs alone. A mobo, psu, processor, ram, ssd or USB stick will only add to the costs. He will be close to 3500-3800 in the hole. Im not speculating, I actually research and read about projects and teams. I don't think Zcash has a future. Monero is decentralized and Zcash is enriching the founders of the company.
It's an entire company construct. Im sorry if you dont believe me, have a look for yourself: says the blocktime is 2.5 mins with a 12.5 ZEC reward per block.
For the first four years, miners receive 80% and devs receive 20% of block rewards. Totals to $168,192,000 (in four years!).
Nothing speculative about that information. Monero only does private transactions using ring signatures, there is no other transaction type. It is impossible for anyone but the wallet owner to see any funds moving in or out of the address. ZCash makes it optional to go private or not which creates a dataset that can be used to interpret what might be going on privately. This is a fact, not speculative. The worst part of the optional privacy zcash provides is that it's so memory intensive that barely anyone has the inclination to use it.
That means the vast majority of zcash transactions are not hidden at all. Even have zsnarks coming to eth, teaming up trying to do what Monero can do better. Ask anyone, go make a post in Ethereum and other reddit subs, asking if it's still worth it to mine or should I just spend my ~3-4K and buy crypto directly. BTC is volatile, but it has historic price movements for almost nine years now. If you're new to investing, I can understand the fear. However, I'm coming from the NYSE and I'm quite confident in my investments.
Especially since I got involved with BTC in 2011 and Ethereum earlier this year (along with several other alts like LTC, XMR, OMG, ARK, 0x, and some others). Applying your logic--I could also die tomorrow or become a paraplegic, nothing is promised. My advice is based on assuming the original poster has a finite amount of cash. I have no idea how deep his or her pockets are, but when you tell someone to buy computer hardware to assemble and troubleshoot themselves when it's apparent they seem to be a novice computer user. Well, this person has no idea how problematic it can be to get a mining rig to run steadily without having any issues whatsoever. There is a learning curve and when you are talking about other people's money, I'm not as careless as you.
Im telling this person about a side of mining they might not have thought to consider. I'm not here to argue subjective viewpoint versus subjective viewpoint. • • • • • • •. Yeah😉 I was talking to someone else. Good idea, my dude. Look into ARK, OmiseGo, Lisk, mayyyybe CVC, keep an eye on it last I checked it was around $0.49 Qtum got picked up on a big S Korean exchange and went from like 7 to 15 last I checked. I'm sure you know about XMR (Monero), LTC (Litecoin) and NEO If you already have the hardware by all means start mining!!
I've been mining ETH for a while now and exchanged a bunch for OMG at $6 and $7, it was around 11 last I checked it. Just basically anytime you get some spare cash throw it in crypto. • • • • • • •.
This is a how to guide for mining Zcash on a Mac. Here are the technical specifications for the Mac I used for mining: • 2.8 GHz Intel Core i7 Processor • 16 GB 1600 Mhz DDR3 Memory • AMD Radeon R9 M370X 2 GB Video Card • MacOS Sierra 10.12.4 Step 1) Install Zcash Wallet on your Mac The first step is installing a Zcash blockchain wallet on your Mac. For this, I installed, which requires OS X 10.9 or later. When setting up Jaxx, be sure to safely write down your Backup Phrase and keep it in a safe location.
Once your Jaxx wallet has been setup, make a note of your ZEC wallet address. Step 2) Join a Zcash Mining Pool The next step is joining a Zcash mining pool. For this, I joined the mining pool and created an account in the. Once you've joined a mining pool, go into your account profile and add your Jaxx ZEC wallet address and choose automatic payout. Alternatively, you can do manual payout if you prefer. Step 3) Install Zcash Mining Software on your Mac Download.
Once downloaded, move the ZIP file to your Desktop and open. This will uncompress the zip and create a nheqminer folder on your Mac's desktop. Within the nheqminer folder, right click on start.sh and choose Open with TexEdit. Change your mining pool and ZEC address. Save your edited file.
Open Terminal and run the following commands.