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Some incredible mining profit spikes on Zcash since last night but they only last a few minutes.  My rig makes about $8-9 per day the last week mining ETH/DCR or Zcash and last night Zcash spiked to $11.50 for a few minutes.

I'm even mining it with my AMD cards.  I did not realize how little power 570s and 580s use to mine Zcash compared to ETH and ETH/dual mining.  My 4 AMD cards are using almost 300W less when mining ZCash vs ETH/DCR!  That works out to about 75 cents per day saved on power and everything runs much cooler.  So now I am factoring that into my decisions about what to mine.

Dual mining is very energy-consuming

The most profitable coin to mine is one with lower difficulty

Every person change to Zcash and profitability will go down

Double check your figures at the wall. There is no way mining ZEC with RX 570/580's uses 75 W less per card than dual mining ETH+DCR using the same undervolt settings. Mining Monero, maybe. I'm actually getting almost the same power usage as dual mining since ZEC uses a much higher core clock than mining ETH.

I find monero to be a better coin for AMD especially with the cheap 570s.

Interesting : I'm also considering switching to Zcash mining... I did not think about the electricity cost, but it makes it even more interesting :)

Thanks for the feedback

If the electric cost is not a problem like me, i think dual is still best mining option for many cards

After the difficulty bomb last week ZEC has been a good 30% more profitable than ETH to mine.

This only matters if you are immediately selling the coins. For some reason people think that if they mine the coin while its most profitable they make more. This is absolutely not the case is the only number that matters is the price when you convert it to something else.

Then, of course, there are the people that just throw their money away using nicehash because they are too lazy to convert it for themselves.

Where we can convert the coin ?

Same for me, been mining zcash for months.

 Not per card, but on an entire 4 card rig it seems LIKELY as that would only be a bit over 10% of TDP per card.

Dual mining DOES eat noticeably more power, as it is designed to stress more of the card than single-algo mining does.


 Nicehash isn't always "throwing your money away" - sometimes it's MORE profitable due to how their market works.

I did simulations on this pools, using nicehash pool directly converted to BTC payments and ethermine pool which is transferred to exchange wallets then convert them to BTC in mining ETH, only to find out minimal differences and sometimes the same profits, In my case I need to cash out payments to pay out costs so I don't basically wait for a longer time hoping for coins spike price.

that's true.
best strategy in to find promising coin with low diff, mine good amount of coins and wait for a good price.

Yeah I'm moving to mine some new coins. The difficulty of ZEC is almost double.

Yeah, switch to ZEN.  ;)

ZEN is more profitable?

ZEN is sometimes a little more profitable than ZEC - used the same mining software, just change the pool you point at and the payout address.

 It's similar to the ETH / ETC divide - same algorithm, different blockchains.

Before everyone else switches to zcash, you would only really have made much money in the Zcash spike if you had previously been mining zcash then sold your bag while it was at the top. Zcash value is back to the 300$ and while it is still good, is different from the opportunity we had a day before this post. Benchmark your rigs and calculate profit with electricity consumption of zcash before switching. Good luck miners.

I"ve switched my 2 gtx1060*9 rigs from ETH to zcash, I use miningpoolhub to auto exchange zcash to bitcoin.

yup indeed but for how long ...

 i have all ways mined Zec no matter what, sense it came out last OCt 2016 live . and it has lasted, I'm impressed, I like the idea, i guess, is why and like it more then ETH ...

One of my friend has recently started mining Zen from Monerao as he feels profitability along with the future prediction of price as per him is that Zen will be higher compared to Monerao. So he has switched it with some changes. Check out the calculation as per your cost you have to pay to mine both of them in your country which will help you identify which is best .

I recommend using Flypool and sending to Bittrex to auto-sell. You'll likely make more than on MiningPoolHub.

the zcash rate is the first reason why your earning down, im still mining zcash, ethereum, decred and some other algo too, mining it then holding, waiting the price rising again, so we can get more profitable with holding our altcoin, be patient guys

I use flypool myself, have been for months. great pool to use, funny thing is I tried miningpoolhub before switching, found flypool to be better and I don't need to make an account, 18 gpus mining @ flypool

yeah, flypool is the best for mining zcash

Hey guys, lets try Bitcoinz together... I'm soloing atm :)

Pool fee: 0.1%
http://www.pcmining.xyz/

HUSH: stratum+tcp://www.pcmining.xyz:3032
BitcoinZ: stratum+tcp://www.pcmining.xyz:3957

user: wallet
pass: x

Algo: equihash

But you can mine the most profitable coins at the current time, and convert it to the coins that you want to collect.
In case of ZEC vs ETH, you can get more ETH it you mine ZEC and convert it to ETH than if you mine ETH.

 How do you do autosale on Bittrex?

 I've never seen that option there, just on Coinbase.

Yes agree, mining is a long-term investment, do not stop mining when we get a price drop, because of all the cryptocurrency decentralized so we don't have to worry about the price drop. the most important and needs attention is a guarantee from the developer about the project coins clearly.

Totally agree with you, but how you consider the situation when the difficulty is almost double after a month, and still have some good coins out there.

What is wrong with suprnova? I am mining ZEC and earnings dropped from 0.3 to 0.05 per day?

It is the question of few days before profit will stabilize and will be the same on on both currencies, but I always thought that consumption of AMD cards is the same on ZCash and ETH/DCR, thanks for the advise, I will tray to ran ZCash on my RX 470.

https://shapeshift.io/ is probably the most popular service for converting between coins.

I have never had a doubt about Zcash. I am mining it since April when all people were mining Ethereum as I believed more in the longer term and life span of my video cards. A lot of persons are still mining Ethereum to date but if they decide to switch to Zcash this is bad for us who are mining it since long time ago as the difficulty will increase dramatically and the profits will decrease the same way.

Many people have already switched to ZEC. The mining hash rate has risen a lot.

is shape shift safe? is it more profitable than other exchanges like bittrex?

EDIT：I compared the ZEC to BTC exchange rate between bittrex and shape shift, bittrex is higher.

I noticed same thing. $1 dollar per day not including electric cost with a 1080 Ti mining on suprnova. I lost money mining zcash. Something is up with the pool or difficulty is through the roof

 I tried suprnova a couple of times on different algorithms - and was seriously UNDERwhelmed at their performance.
 Have never considered them since.

 ZEC has varied on profitability vs ETH all along - massively higher the first few days, then dropped quite a bit for a long time as the price collapsed and the miners didn't catch up on efficiency for a while, then the "good" Nvidia miners started showing up making it quite a bit better on most NVidia cards - but all along it hasn't been WAY far off most of the time on the most common cards when using the most current mining software due to the "profit chasing equalization" basket effect.

I think Zcash has a big future.  It seems to be technically superior to Monero as a privacy coin.

It is so easy on the GPUs.  My RX cards are running between 38C and 45C, actually quite a bit cooler than my GTX cards (and produce almost the same hash rate as my GTX 1060).  I'm thinking of picking up some more 1060s but I wish they were < $200.

I only use Suprnova for dual mining DCR.  Seems ok for that.

I've never mined Monero because the min. payout on all the pools is so high and so are the fees.  I'm mining ZEC on Mining Pool Hub and the payout fee is 0.0001 ZEC! 

With AMD 400 and 500 series cards, how much are you undervolting for zec/zen mining? and are you underclocking the core too like with eth?

I run Anorak's powersave BIOSes on my 570s and 580s.  I haven't tried the other BIOSes with ZEC but I should give it a try.  I suspect it will be the same situation as mining ETH though, not worth the extra power cost and heat.  I also suspect you still want to underclock the core when mining ZEC.

That is insanely low.  My 1060 does better than that.

Just compare pools hashrate suprnova - 8 Mh/s, flypool 224 Mh/s.
At suprnova was found only 6 blocks for last 24h.
So factor of luck have a big influence on your daily income, todays it's only 6 block, if tomorrow be 10 and you will get +67%.

A little help would be appreciated.

I switched recently to mining Zcash from dual mining ETH & SIA. The problem is I can't seem to get maximum from my cards. I have a rig with 4x1070. From what I have been reading they should be able of producing 450 sols each. I get maximum around 420 from 2 cards and 390 from other two.

Cards are ok because all for of them were around 31 MH for ETH in dual mining (450 sia) no problem.

Any advice would be appreciated. OC settings: Is memory important or core or both? Which miner to use for best hashrate? Am I missing something obvious? At the moment I am using nanopool and EWBF's CUDA Zcash miner.

The OC settings are different for ZEC and ETH.
The core OC is the important for ZEC.
I have 440 Sol/s per each 1070 in my rig.

Dual mining uses every idle gpu power, so it's power consuming.
Calculate daily electricity price of your region.

Is their software out there that will mine with both AMD and Nvidia from the same executable.
a bit like the claymore software.

nope, just start 2 miners, one for AMD GPUs and another one for Nvidia GPUs. There shouldn't be any problems, I'm doing that by myself.

My 1070 performs poorly.  It rarely gets above 400 H/s on ZEC and usually runs about 340-360.  Terrible.  I've tried all kinds of OC settings.  It does well on ETH though.

The 1070 gets unstable and stops at +175 core OC.  Should I OC memory as well?

By comparison, my 1060 does 290 H/s or better most of the time.

I am thinking we are making some stupid mistake. I can't believe that there is so much difference between 1070 cards. Can one of you with 440+ sols share his setup? Which miner, pool, and oc settings including undervolting are you using?

So the problem with my 1070 turned out to be TeamViewer.  When TeamViewer is running the hash rate drops a lot.  I get over 430 H/s if I close TeamViewer.  Same thing happens with VNC.

I don't know why but that's what it is.  I don't even have a monitor plugged into any card.

 Underclock core on ZEC/ZEN = BAD thing, the algorithm is not severely memory-limited like ETH is.

mining with 1070s on ewfb and afterburner using +100 core, +500 memory, 85% PL, and lock volt to .963. get 450 sol on average. can fluctuate 440-470.

Zcash all the way

Recent experimentation on my Aorus GTX 1080ti came up with the following Afterburner settings for "fairly efficient" mining.

 TDP 75% (188 watts more or less).
 CORE +150
 Memory +100

 resulting in right around 700 sol/s



 I do wish folks would stop just posting "TDP %" figures, as they are MEANINGLESS without the card involved, or what the actual WATT figure ends up at.
 This is PARTICULARLY true for GTX 1070 cards that can range from 151 watt factory TDP (all FE cards, many lower-end cards including the Gigabyte ITX/Zotac Mini/EVGA SC Black/MSI "Aero" ITX) to 240 watt factory TDP (the MSI "Armor" model that has 2 PCI-E power connectors).

 It's ENTIRELY possible for my "80% TDP' figure on that MSI card to be HIGHER than YOUR "100% TDP" figure on many other GTX 1070 cards or even some GTX 1080 models (which start at 180 watts).

Superb dude. I am not involved in mining big. I am research about mining and finally now arranging to go with the 2 altcoin mining rig one is for eth and one is monero. I will go with Nvidia 1070 TI cards 6 numbers in each rig. Will it profitable to mine Zcash with the specification I said. SSD would 64 GB and 8 GB RAM.

Is that $8-9 pre or post-electricity costs?

That's gross profit, electric is about 20% of that.

Since Zcash has dropped back to $200s in the last week I've gone back to mining ETH on my AMD cards.

 GTX 1070 is overpriced at current pricing for ETH mining - you'd do better to build an ETH mining rig around AMD RX 470/480/570/580 cards now that they're commonly available under $300 again.
 SSD is a waste on a pure mining rig - I'd go with a low cost hard drive or a USB flash drive instead.
 8GB is overkill for a pure mining rig but does offer some future "room to grow", and it's not all that much more expen$ive than 4 GB any more.

 Yes, your planned rigs SHOULD be profitable on ZEC mining - as long as your electric cost is not crazy-high.
 I CAN'T say if it will achieve ROI though, way too many variables like "future ZEC pricing" that I don't know and NOBODY can predict, and I also have no idea what your electric cost is like.

eth mining is more better as yet.

Not any more. The Zcash price has dropped a lot recently from the spike.