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RE: Cryptocurrency Mining For Dummies - Battle of the Zcash Miners

in #mining7 years ago

7 steps guide on how to mine Zcash ZEC
1.Resources:
Get a strong (and better than one) video card for profitable mining. Mining with a laptop, cell phone or an old video card (more than a year old) will not pay off.

  1. Registration for a mining pool
    Visit this website, fill out the details and confirm the email sent: Choose a 4-digit pin code which will be used in each update. Enter the site and select Zcash on the left side – Click on “wallet” and enter your ZEC wallet address. Click on “Update Account”.
    miningpoolhub

  2. Mining Software: Download here the most appropriate version for your computer.
    An executable file (mine.bat) must be created and the following content should be inside it:
    exe -cd 0 -t 4 -l us-east1.zcash.miningpoolhub.com:20570-u USER.rig9 -p x
    The word “USER” must be replaced with the username you chose for miningpoolhub.
    The word rig1 does not need to be replaced unless you want to mine with more than one mining machine.

  3. Turn on mining and monitors of miningpoolhub
    Click on “workers” and choose one of the jobs (Account’s default jobs) according to your card. Run the file you have created (mine.bat). Make sure that there are no errors and that a message approving your worker has been received. If you did not get this message, it means you did something wrong. After the program starts running you will see that the worker (called the miner) is added to the “workers” screen. On the site, click “Dashboard” to see data about the mining (it will take some time until you see something; it is updated according to the work that the mining machine does).

  4. Withdrawing the coin to your wallet:
    After you have accumulated a certain amount and you wish to withdraw it, click “wallet” and then “cash out”. Verify the amount and wallet address first. Within a few minutes, the amount will be sent to your wallet.

  5. It is recommended that you install applications such as MSI Afterburner in order to control the card’s fan. In its default mode, the power is low and it allows the card to reach a temperature of 70-80 degrees Celcius (normal when playing occasionally but not healthy when it comes to a machine running 24-hours a day).
    It is advisable to put the fan regularly on a certain percentage so that the heat of the card is about 60 degrees (note that during the day the house is warmer and the temperature will rise accordingly).

  6. You can estimate how much profit you will get, by checking on CryptoCompare.
    The site shows the value of the currency and its estimated value in dollars for a certain processing power (you can also enter electricity costs).