Zcash (ZEC) is the first blockchain system to use zero-knowledge proofs to provide complete payment confidentiality while still using a public blockchain to maintain a decentralized network.
Like Bitcoin, the total number of mineable coins is 21 million. Mining uses the Equihash algorithm, which can be mined using ASICs.
1. Obtain suitable hardware
✅ Zcash can be efficiently mined with ASIC mining machines.
❌ Zcash cannot be efficiently mined with CPU or GPU cards.
View our Miners page to discover the most profitable ASIC machines for Zcash mining.
And don’t forget to check our Mining Hardware Tools page to download the necessary software for setting up your device.
2. Sign up for an f2pool account
3. Configure your mining device
Your miner must be connected to the f2pool server listed below for your hashrate and revenue to be recorded and monitored.
You’ll need to enter the following information in your mining device:
Password: Your choice
1. The list of f2pool mining pool servers is available here.
miningAccountUsername is in your Account Settings.
workerName is optional, but we recommend labeling each of your mining devices with a separate
workerName for more efficient monitoring.
4. Add payout address
You’ll need to register a payout address to collect your mining revenue. You can add or change your payout address in your Payout Settings. f2pool distributes mining revenues on a daily basis to every user who reaches the payout threshold, which is 0.1 ZEC. Details about our payout method and fees can be found here.
If you do not yet have a Zcash address, you’ll need to get one. We recommend Cobo Wallet or Bixin Wallet. You can also choose an exchange, such as Binance or OKex. Note: You should always do your own due diligence when choosing a wallet provider or exchange.
5. Join the profit switching pool!
This service provided for all Equihash coins can maximize mining revenue by automatically switching to mining the most profitable Equihash coin at any given time.
To join the profit switching pool:
1. Create a new f2pool account or subaccount.
2. Set wallet addresses for ZEC and ZEN.
3. Configure your mining device with the URL
And you’re ready to go!
To compare revenues, one option is to split your machines into two different accounts or subaccounts, one for a single Equihash coin, and one with the Equihash profit switching option. You will likely find that the profit switching pool will earn you slightly higher revenues.
6. Start mining!
To stay updated with the latest PoW news and developments, follow us on Twitter!