How to extract Fair (Zcoin)? Mining settings for Windows and

How to extract Fair (Zcoin) Mining settings for Windows and HiveOS

How to extract Fair (Zcoin)? Mining settings for Windows and HiveOS, hardware requirements and performance of various video cards: Fair (Zcoin) hard fork took place on Monday 10 December 2018. The main difference of the updated network is the mining algorithm.

The developers left Lyra2z and switched to Merkle Tree Proof, also known as MTP. The main purpose of the update is additional protection of the network against ASIC miners, fraudsters and possible centralization. The update was successful. It is time to find out the details about mining cryptocurrency using the new algorithm.


Note that a lot has changed since the publication of this material in December 2018. In particular, Zcoin XZC is no longer mined on processors, and the miner itself has not been updated for a long time. To select relevant cryptocurrencies for mining on your equipment, we recommend switching to the 2Miners mining pool. There you can also find detailed instructions on how to start mining.

By the way, the cryptocurrency itself was renamed Firo. At the same time its marker – that is XZC – remained the same.

To illustrate, let’s start with a video.

What is a Fair (Zcoin)

Firo / Zcoin (XZC) is an anonymous cryptocurrency. It has become the first complete implementation of the Zerocoin protocol, which ensures user privacy. The essence of his work is to generate a serial number “R” and a secret – “s”, which are then used in a cryptographic function to create the value “V”.

The latter is recorded in the blockchain, which guarantees the validity of the data. Anyone can see a “V”, but it is not possible to find the owner of the cryptocurrency. In addition, XZC coins are destroyed before use – it will not be possible to check the user’s balance at all times. More information about the features of Zcoin, as well as the purchase and wallets of the project are written here.

Fair Zcoin indicators

Fair Zcoin is 106th in the world rating of cryptocurrency. The coin is priced at $ 4.87 and has a market capitalization of over $ 27 million. Over the past day, XZC with the equivalent of $ 370 thousand participated in the turnover.

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Source: CoinMarketCap

The maximum value was recorded at $ 139. It took place on December 26th.

Source: Coingecko

The course can hardly be called satisfactory. Over the past month, the value of XZC has fallen by 54 percent, while the record-breaking low is 89 percent.

Features of mining coins on MTP. Requirements for mining Zcoin

Lyra2z’s transition to Merkle Tree Proof has been noticed by everyone. The algorithm is very complicated, so those wishing to climb golden mountains quickly became disillusioned with what was happening. But in vain.

It’s about the requirements. In the case of the Zcoin on the MTP algorithm, we are talking about about 16 GB of RAM per farm. The video card itself must also be advanced, with at least 6 GB of memory. Nvidia 1060 (6GB), 1070, 1070Ti, 1080, 1080Ti, 2070, 2080 and 2080Ti are suitable.

UPD: after a few months, the demands changed. Windows 10 now has 4 GB of RAM. They are also enough for HiveOS.

Mining Zcoin on AMD cards is not yet available, they promise to release a mining miner soon called sgminer.

It turns out that most existing farms can dig with just one card, moreover a good processor is needed, because the load here is huge. The card carries about 1 core to the eyeballs, that is better to choose i5 / i7.

The processor speed and the type of RAM (DDR3 / DDR4 / DDR5) directly affect the mining speed. There is another middle conclusion: every owner of a gaming computer can participate in mining.

To increase profits, miners need to take away RAM and a good processor, which is expensive. In other words, the developers protected the network well. And for those who have the ability to dig with such technical requirements, mining has become very profitable.

If you have only 8 GB of RAM, you can send 1-2 cards to Zcoin mining, and the rest to Currency or Ethereum.

Set up a miner for Zcoin on Windows

For Nvidia video cards, download T-Rex or CryptoDredge from the link, password of the file 2miners.

The exact settings for the T-Rex look like this:

t-rex.exe -a mtp -o stratum+tcp://xzc.2miners.com:8080 -u YOUR_ADDRESS.RIG_ID -p x

At CryptoDredge.

CryptoDredge.exe -a mtp -o stratum+tcp://xzc.2miners.com:8080 -u YOUR_ADDRESS.RIG_ID -p x

Insert your Zcoin wallet into the batting file and get started.

If the computer / farm has multiple GPUs, the -d 0 option starts only one video card.

Configure Zcoin mining for HiveOS

It’s simple, go to Flyers, select the Zcoin currency and the 2Miners group.

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Source: HiveOS

And we apply the new settings for the desired farm.

Source: HiveOS

Extra arguments for a miner: if you have 1 card, then write 0. If 2, then specify 0, 1. If you need to start for example maps N2 and N5, then enter 1, 6.

Source: HiveOS

Configure Zcoin mining on CPU

Download the cpuminer miner, configure the batch file and launch it.

Source: cpuminer


cpuminer.exe -a mtp -o stratum+tcp://xzc.2miners.com:8080 -u АДРЕС_КОШЕЛЬКА.ИМЯ_ФЕРМЫ -p x

CPU mining requires 10 GB of RAM.

Mining profitability

Mining profit calculators are not yet friendly with the updated MTP. This means that it will not be possible to predict the efficiency of production using the same WhatToMine.

You can evaluate profitability by doing math. Let’s take the average hash rate for Nvidia 1080 Ti at 550 kh / s. The hashrate network is 3.6 Gh / s, and 144 blocks of 14 XZC are born every day. The exchange rate is $ 4.87, that is, the total amount is $ 9817.

We multiply $ 9817 by 550 kh / s according to the total hash speed of 3.6 Gh / s. We get $ 1.49 a day of card transaction. In the near future, at block 118600, the mining time will decrease from 10 to 5 minutes, and therefore the profitability of each card will double. Good perspective.

Where to mince Zcoin. Swimming pool for XZC

If you don’t want to bother about the settings, we recommend digging Zcoin at 2Miners. Download the latest version for mining ccminer for Nvidia graphics cards or cpuministo for processors by reference. The password for the file is 2miners.

Source: 2Miners

Run the beat file. The process has begun.

Source: 2Miners

There is both PPLNS mining and SOLO mining.

Source: 2Miners

Hashrate of video cards while mining Zcoin

The members of the hardware chat shared the characteristics of the video cards and the hash they give. The results for Nvidia cards are as follows.

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Nvidia GTX 1060 3/6 ГБ — 1.6 Mh/s;
Nvidia GTX 1070 8 ГБ — 2.1 Mh/s;
Nvidia GTX 1070ti 8 ГБ — 2.65 Mh/s;
Nvidia GTX 1080 8 ГБ — 3 Mh/s;
Nvidia GTX 1080 ti 11 ГБ — 3.65 Mh/s;
Nvidia GTX 1660 6 ГБ — 1.5 Mh/s;
Nvidia GTX 1660 ti 6 ГБ — 1.8 Mh/s;
Nvidia RTX 2060 6 ГБ — 2.1 Mh/s;
Nvidia RTX 2070 8 ГБ — 2.6 Mh/s;
Nvidia RTX 2080 8 ГБ — 3.5 Mh/s;
Nvidia RTX 2080 ti 11 ГБ — 4.3 Mh/s.

This is AMD.


AMD RX 470 4/8 ГБ — 1.5 Mh/s;
AMD RX 480 4/8 ГБ — 1.5 Mh/s;
AMD RX 570 4/8 ГБ — 1.5 Mh/s;
AMD RX 580 4/8 ГБ — 1.5 Mh/s;
AMD RX 590 8 ГБ — 2 Mh/s;
AMD Vega56 8 ГБ — 2.7 Mh/s;
AMD Vega64 8 ГБ — 2.8 Mh/s;
AMD Radeon VII 16 ГБ — 3.3 Mh/s.

conclusions

The hard fork Zcoin on the currency network is comparable to the scale of the hard fork Bitcoin Cash for the entire cryptocurrency market. The developers have equated the miners and made the potential hacking of the project very expensive, as a lot of money is needed to increase memory and upgrade processors.

In the article “Mining in 2019 – will it be profitable or will it die?” we wrote about the mass disruption of farms due to the market crash. The advent of the MTP algorithm at the current rates of cryptocurrencies allows almost everyone to raise money by mining, regardless of the location of the miner and the price of electricity.

For example, now the profitability of mining XZC is about 3 times higher than the productivity of Ethereum mining. The difference is important, especially for an urban market. For such numbers, you can think of an increase in RAM.


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