Mining News: New Coin for Zcash Miners.
So for those of you Mining Zcash with Nvidia cards it's time to pop the hood and do an upgrade. As always all credit goes at the top, Cliffoncrypto on youtube has this down to a science and I will be following his instructions. But this will be here after you see the video, it's basically the same information in written form.
Plan: Make more coins, The more coins you have, the more the difference in the price affects their value. So, instead of mining 1.6 ZEC for 180 bucks a peice for a month, we would rather mine 71 ZenCash for 5 bucks a piece. Hoping for ZEN to go to 6 bucks or even 7 seems more reasonable than hoping for Zcash to go back to 300. Anyway, plan... Make more coins.
Step 1: Get a wallet. I am using the recommended Swing local wallet from the Zensystem.io website.
Step 2: Make an account and a worker on Suprnova.cc, i.e. Ruckus.isawesome and set the password to x. Make sure anyone who wants to mine to your account... can... lol. Also make a worker for nicehash just in case this starts to go really good.
Step 3: Once the wallet is sync'd up. Copy that address from the local wallet to the suprnova.cc website as a deposit location.
Step 4: If you are already running a Zcash miner, this part should be easy. (1 ) Turn it off. (2) change the destination to suprnova. (3) change the account.worker to the new info just setup. (4) Turn it back on.
Step 5: Run it for 24 hours. Compare apples to apples and make sure your rig is at its highest profitability.
For my 2k Sols/sec running ZEN instead of ZCASH is profitable given this scenario: Zcash < 210$, Zen > 5$. Which is currently the case. I am up about 10% from 10 bucks to 11 bucks a day. This is a win. Thanks as always to Cliff on crypto.
SIDE NOTE: Yeah... I am totally selling coins every 100$ and starting Bitconnect loans. The next goal is to get more from bitconnect everyday than the miner, from only spending money from the miner. So 90% of the bucks from the miner this month are going toward bitconnect and 10% are staying in the long term wallet. That is a gamble. But so is this whole deal, and by spending my money on mining equipment instead of any coins, im never really out the bucks if any of this goes poorly, and I am crazy excited to see what VR would look like in that mining rig if it ever stops mining.
I encourage you to checkout the bitconnect.co lending program, their POS wallet, and first rate exchange. IF you DO. Tell them @ruckusist sent you. Thanks.
Cheers.
@ruckusist.
Sources:
cliff on crypto: https://www.youtube.com/channel/UC7aZpep7PnlRcvljRRwh0Gw
zencash site: https://zensystem.io/
suprnova site: https://zen.suprnova.cc
Zencash wallet: https://github.com/vaklinov/zencash-swing-wallet-ui/releases
Zcash Miner: https://github.com/nanopool/ewbf-miner/releases
Zencash calculator: https://whattomine.com/coins/185-zen-equihash?utf8=%E2%9C%93&hr=2200&p=360.0&fee=0.0&cost=0.1&hcost=0.0&commit=Calculate
Ah, now I know what you meant by Zen coins
This guide makes it look easy enough. Good luck!
Sweeet! More crypto more crypto more crypto lol!
https://i.giphy.com/media/uU3oBlPJTx184/giphy.webp
Nice article. Good to see I'm not the only one who thinks like this. Investing in cryptos is still a risky thing. I was researching a way to do better investment analysis on the current cryptos. Does anyone know about: https://www.coincheckup.com They seem to give this complete indepth analysis of all cryptocoins. Go to: https://www.coincheckup.com/coins/Zcash#analysis To check Zcash Indepth analysis
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