Zcash Mining in 2019: How to be profitable and the hardware to use.
If you are researching cryptocurrencies that you can profitably mine in 2019, you’ll want to take a look into Zcash mining..
Cryptocurrency mining can be a very profitable investment in 2019, if done correctly. (See here: Guide to profitable mining in 2019)
To mine profitably in 2019, you’ll need a combination of efficient hardware and low-cost power. If you're interested in Bitcoin mining, click here to read about the Best Bitcoin Mining Hardware for 2019.
Along with low-cost hardware, partnering with a hosting provider who can operate your mining hardware at a low rate can help you secure optimal mining returns.
MiningStore, an industry-leading hosting provider, has been profitably Zcash mining for the past few months, and believes it's a great option for anyone looking to start.
What is Zcash?
Zcash is a privacy coin that was released in late 2016 by founder and CEO, Zooko Wilcox.
According to Wilcox, “Zcash is a new blockchain and cryptocurrency which allows private transactions in a public blockchain. This allows businesses, consumers and new apps to control who gets to see the details of their transactions, even while using a global, permission-less blockchain."
Zcash was recently added to the Pro version of the popular exchange, Coinbase, where it can be bought on their retail platform and mobile app.
Zcash mining uses the Equihash algorithm and can be performed by ASIC miners or GPUs.
Zcash Mining Hardware Picks
Below are MiningStore’s picks for the top 5 Zcash Mining Hardware of 2019…
1.) Bitmain Antminer Z9 Mini
The Z9 Mini is a power-efficient Zcash mining rig, requiring only 300 watts to operate. The ASIC Miner hashes at 10k sol/s but can be overclocked to 14k sol/s.
According to a Zcash mining calculator (See here: CryptoCompare Z9 Mini Calculations), the Z9 Mini will produce over 0.9 Zcash per month when overclocked to run at 14k sol/s. It will profit around $381 per year when being hosted at a rate of $.0625/kWh.
Not only has the Z9 Mini has stayed consistently profitable due to its low monthly operational cost, but it could be immensely profitable with the large volume of Zcash it produces.
New, overclocked versions of the Z9 Mini can be found on MiningStore’s Hardware Shop for $850. The host for less than $30 per month in a MiningStore hosting facility.
You can also find plenty of used hardware available on reseller marketplaces, like Bitcoin Forum’s Hardware Marketplace.
Specifications:
- Hashing algorithm: Equihash
- Hash chips: 12 PCS
- Hash boards: 3 PCS
- Hashrate: 10.0k Sol/s±5%
- Power consumption: 247 W +5%
- Size (Length*Width*Hight): 206x124x155mm
- Weight: 2.02kg
- Noise level: 55dB
- Fans: 1
- Voltage input: 11.60~13.00 V
- Operation temperature: 0-40 ℃
- Operation humidity: 5%RH-95%RH,prevent condensation
2.) Bitmain Antminer Z9
The Z9, Zcash mining rig, is a Bitmain produced ASIC miner that runs on the Equihash algorithm. It clocks in at around 40k sol/s and consumes around 1200 watts.
According to a Zcash mining calculator (See here: CryptoCompare Z9 Calculations), the Z9 will produce over 2.5 Zcash per month and profit around $900 per year if you are hosting it at a rate of $.0625/kWh.
The Z9 can be found on Amazon for around $1500.
Although the Z9’s operational cost will be higher than its miniature counterpart, it is still profitable when being hosted at industry-standard power rates.
- Hashing algorithm: Equihash
- Hash chips: 48 PCS
- Hash boards: 3 PCS
- Hashrate: 40.8k Sol/s ± 5%
- Power consumption: 1150W± 10%
- Size (Length*Width*Hight): 132 x 226 x 279mm
- Weight: 5500g
- Noise level: 75 dB
- Fans: 2
- Voltage: 12V
- Operation temperature: 5 - 40 Celcius
- Operation Humidity: 5%RH-95%RH,prevent condensation
Until Bitmain’s release of their two Zcash ASIC Miners, the Z9 and Z9 Mini, all Zcash mining was done with GPU mining cards.
While these may not be the most profitable choices for Zcash mining, they can be great alternatives for someone looking to mine at home.
3.) GTX 1080 Ti
First on our list for GPUs is the GTX 1080 Ti.
- Hashing algorithm: Equihash
- Hashrate: 700 H/s - 800 H/s
- Power Consumption: 200w - 280w
- Price: $900 - $1100
The GTX 1080 Ti produces a solid hashrate for Zcash mining while maintaining a fairly low power draw.
The biggest downside to this GPU is the high price which can turn away most at-home miners.
If you have one of these sitting around from an old gaming computer setup it could be a great option to start Zcash mining!
4.) GTX 1070 Ti
Next on our list is the GTX 1070 Ti.
- Hashing algorithm: Equihash
- Hashrate: 500 H/s - 550 H/s
- Power Consumption: 110w - 200w
- Price: $500 - $600
The GTX 1070 Ti can be a great option for Zcash mining. Especially if you can purchase for a good deal, the 1070 Ti can be a very efficient Zcash mining GPU.
With the rise of ASIC miners, GPUs have become less popular and more available, which has led to a decrease in price.
5.) GTX 1080 and 1070
Zcash mining with GPUs is only efficient with Nvidia cards. Both the GTX 1080 and 1070 can be great options if you have access to the hardware. Below are the specs.
GTX 1080:
- Hashing algorithm: Equihash
- Hashrate: 510 H/s – 620 H/s
- Power Consumption: 180w - 210w
- Price: $620 - $670
GTX 1070:
- Hashing algorithm: Equihash
- Hashrate: 420 H/s – 520 H/s
- Power Consumption: 145w - 210w
- Price: $400 - $600
Conclusion:
Whatever hardware you chose to invest in, Zcash mining can certainly still be a profitable route for mining in 2019.
Ensure your profitability by partnering with a reputable hosting provider and investing in low-cost hardware!
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