Zcash is definitely one of the most awaited cryptocurrencies in terms of mining. Its promising features allow the crypto community to have high hopes for the valuation of the currency, and its CPU and GPU-friendly algorithm, Equihash, promises to keep mining in the hands of computer owners and away from large mining operations, which is extremely important in order to keep mining decentralized.
Not everyone has access to a computer, however, and not everyone has the time, knowledge or patience to start mining Zcash on their own, especially since there is no Graphic User Interface (GUI) Miner available yet. For those that want to mine on their own, but need a little push to do so, this guide will do the trick. But if you're looking to mine Zcash with no effort at all, then you're in the right place.
Genesis Mining is currently offering mining solutions for Zcash. The anonymous cryptocurrency will go live on October 28th, however Genesis Mining allows you to pre-order a mining contract that will be activated once the mainnet is launched. In order to get a 3% discount, use promo code: 807MPO
Today we'll preorder one of these mining contracts. So let's get to it!
Keep in mind that if you're counting on the coin's value to increase in the long run, it will probably be best to buy the cryptocurrency at market price and hold it for a while. If you're counting on the value to remain stable, then cloud mining may be for you. Of course, it will not be as profitable as mining itself, but it's also less stressful.
Create an Account
Step 1: Click here to go to the Genesis Mining website. Click "Sign Up" to create your account
Step 2: Create an account with your email and password
You are now a Genesis Mining user. Let's buy our mining contract!
Preorder a ZEC Contract
Step 1: Click "Upgrade Hashpower" and you'll be taken to the available contracts
Step 2: Choose the amount of Hashpower you want to buy. The price will be adjusted automatically. In this case, we'll choose 0.3 H/s.
Step 3: Now, we'll choose the preferred method payment. Click "Credit Card (USD)" to display the payment options.
We'll use Bitcoin to make this purchase
Step 4: Click "Continue"
Step 5: In order to get a 3% discount, you'll want to insert this promo code: 807MPO on the first field, then click "Validate"
You'll see that the code is valid and that you just got a 3% discount
Step 6: Accept the Terms and Conditions
Step 7: Click "Confirm Order"
Step 8: All you have to do now is send Bitcoin to the address shown within 30-minute time frame
and you have purchased your Zcash mining power. Now just sit back and watch the coins roll in once the main net goes live!
- Energi Mine: A New Energy Market on the Blockchain Sponsored
- Valorem: A value-based multi-layered marketplace Sponsored
- Token Economies 101: The Difference Between Tokens and Coins
- How to get gambling deposit and cashback bonuses on 1xBit
- CryptoCompare Portfolio FAQ
- How to use MyEtherWallet
- How to mine Zcash