How to register a zcash payout address

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The login credentials needed for your miner look like this please change userName and workerName according to your account information :. In this case, our system will automatically create an auto worker for you. However, we recommend connecting each mining device with a separate workerName for efficient monitoring.

Slush Pool servers are located all around the world. Servers Location. Moreover this miner specifically chose to be connected to the European servers, configuration information for this miner would look like this configure accordingly :. Once you reach the minimum threshold, your rewards will be sent there. You can start mining even without this address being registered, but it is highly recommended that you register it straight away.

If you do not have an address yet, you need to get a wallet first. We recommend the Trezor Hardware Wallet for maximum security. Other usable wallets are listed on Zcash Community. Open your Dashboard on the Mining tab for the coin that you are mining. Then check your hash rate in the Recent Hash Rate graph section. Please be patient; it can take up to an hour until you see the full hashing power of your newly connected device.

Before diving deeper into how Zcash is mined, it is advisable to first establish if the mining process will be financially profitable. For that purpose, we can use the Zcash mining profitability calculator. Once the figures are in, the calculator will determine how profitable Zcash mining could be according to the provided data. The more the better. The next step involves creating a ZEC wallet and address.

This is the address where the mining proceeds will be sent to. Some popular choices include the use of a hardware wallet like Ledger or Trezor, or a multicurrency wallet like Coinomi. Guarda offers a mobile Zcash wallet called Shielded Guarda. Another option is to obtain a Minergate Zcash address from their mining software. After you have created your address it is time to download the mining software. Mining software should only be downloaded from official sources.

Download the latest version for your OS and unzip the file. It is now time to select a suitable Zcash pool to begin mining. As an example, I will describe how to configure a miner for Flypool. Whichever pool you end up choosing, its website usually contains a step-by-step guide on how to set it up for your miner.

An Ethereum and Zcash dual mining system is also possible to set up on mining rigs with several GPUs. This will, however, result in higher electricity consumption and GPU temperatures. In the next step, you are required to select and download the correct script for your mining program and Operating System. In my case it is Windows — Nvidia. Copy the shown example string. This file gives the miner the needed instructions for the mining process. Add the correct server address from the Flypool website.

Now enter the Zcash address that you generated earlier by replacing the one in the example the example address begins with tiNF6…. Save your changes. You are now ready to start mining by double-clicking on your new. Flypool and Minergate offer Android Monitoring apps that keep an eye on the mining performance and notify users in case of sudden shutdowns. Due to new Google Play policies, mobile mining features are currently disabled.

Zcash is best mined with high-performance graphics cards. Nvidia cards tend to perform the best. Zcash is based on the Equihash algorithm. GeForce GTX Ti is the best performing card offering the highest hashrate, but it is also the most expensive choice.

GeForce GTX is the most cost-effective option. There are many mining pools to choose from. Before making a decision, miners need to make sure that they join a trustworthy pool with a good hashrate that has a proven track record of paying out mining rewards.

NanoPool is very similar to FlyPool. Their servers are located worldwide, including Australia. The minimum NanoPool Zcash payout is just 0. AntPool is a global mining pool that supports the mining of a wide range of cryptocurrencies such as Bitcoin, Ethereum or Litecoin.

A Zcash AntPool mining service is also on offer. The minimum payout is tempting and amounts to just 0, ZEC. Their mining fee is 0. With the right kind of mining equipment and cheap electricity, Zcash is a very profitable cryptocurrency to mine. With fewer capital investments compared to other coins in its class, Zcash miners can expect bigger profits.

Those interested in mining Zcash need to check the overall hashrate of their hardware, and the mining fees set by the pool operators. Based on the number of users who are currently mining, the ZEC mining difficulty can either increase or decrease.

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