Zcash, the privacy-focused cryptocurrency has received a lot of attention and quickly established itself as one of the main cryptocurrencies on the scene due to its zero knowledge technology. Unlike most cryptocurrencies, Zcash did not organize an ICO campaign to gather funds to develop the platform.
Instead, private investors funded the development of the platform. These investors and the development team were rewarded for their work with a 10% tax on the total supply of Zcash (20% of the block reward for the first four years).
However, so were not to please to hear this and, given the open source nature of cryptocurrencies, forked the project and removed this tax which is known as “founder’s reward”. This cryptocurrency is known as Zclassic, a reference to Bitcoin Classic and Ethereum Classic. Zclassic has gained some traction over time, especially when it comes to mining.
Today, we’re going to show you how to mine Zclassic with your CPU and GPU. We’re using a Windows 10 computer and an AMD graphic card.
First thing’s first, we’ll need a wallet.
Part 1 - Download and Install Zclassic
Step 1: Click here to go to the Zclassic download page
Step 2: Choose the correct OS and download the latest version of the GUI wallet which should have “eleos” in the name. In our case, it’s Windows
Step 3: Double-click the downloaded setup
Step 4: Choose your language and click “ok”
Step 5: Choose where to install Zclassic and click “Next”
Step 6: Choose wether to add a shortcut and click “Next”
Step 7: Confirm the details and click “Install”
Step 8: Let the setup install Zclassic
Step 9: Click “Finish” to close the setup
Part 2 - Create your wallet
Step 1: Open the wallet shortcut
Step 2: The ZCL wallet will now download the necessary proving and verification keys which are part of the Zcash trusted setup. Wait for the download to finish
Step 3: Once that’s done, the blockchain will start downloading and you can interact with the wallet. Click “Receive”
Step 4: Now, you can create a new address, transparent or private. We’re going to use transparent which is required for mining. However, you can take advantage of the ZCL anonymous addresses to make private payments. Click “New Transparent Address”
Now that you have an address, let’s move on to mining. Save your address somewhere where you can easily access for the next part of the guide
Part 3 - Choose a mining pool
You will also need a mining pool to direct your hashing power to. You can compare features and reviews on multiple ZClassic pools here. We are going to choose Luckpool for this guide, but it will work with any ZCL Pool.
Part 5 - Mine Zclassic with your CPU
For the CPU part of this guide, we are going to use a forked version of the Nicehash miner. This version works for CPU and GPU but we're going to use Claymore miner for better results when mining with GPU
Step 1: Click here to go to the download page
Step 2: Choose the version that best fits your O.S and click on it
Step 3: Extracted the newly downloaded .zip file
Step 4: Now create a new txt file
Step 5: Open it and enter the following command "nheqminer -l stratum+tcp://luckpool.org:3556 -u account.worker -p x"
We're going to replace "stratum+tcp://luckpool.org:3556" with our correct server and port. In this case, we're using Luckpool, so we'll leave it. We'll also replace "account.worker" for our wallet address and worker created, so in our case: "t1LG6tADjynBCeAkVUhX7LppiexZiq5XWSL.Rig1". Replace "x" with a passowrd (Luckpool doesn't use accounts)
Step 6: Click "Save as"
Step 7: and save the file as "Start.bat" (1), change the type to "All types" (2), then click "Save" (3)
Step 8: Double click the new Start.bat file
and that's it! You're now mining with your CPU.
You can choose the number of threads the cpu uses by adding "-t 6" (6 being the number of threads) to the command. You can also mine with your GPU using this miner, but we're going to use Claymore miner for better results. You can use both at the same time.
Part 6 - Mine Zclassic with your GPU
On the GPU side, we are going to use the Claymore miner. Claymore has a long-standing reputation for optimizing miners and this miner speaks for it. It improves the hashing rate considerably and that is why we are going to take the time to download and use this miner as well. The genoil miner only works for pool mining and with AMD graphic cards. This miner charges a 2.5% developer fee. Every hour the miner mines for the developer during 90 seconds. However, the performance increase is well worth the fee charged. If you don't agree with the dev fee, don't use this miner
Catalyst (Crimson) 15.12 is required for best performance and compatibility. You can get very bad results for different drivers version, or miner can fail on startup.
For multi-GPU systems, set Virtual Memory size in Windows at least 16 GB:
"Computer Properties / Advanced System Settings / Performance / Advanced / Virtual Memory".
Step 1: Click here to download the Claymore Zcash miner (Alternative link) which will also work on ZCL
Step 2: Choose a version and download it. The latest version is the one at the end. Make sure you download the correct O.S version
Step 3: Extract the files within the .zip
Step 4: Open the "Start.bat" file with your notepad, clicking "Edit"
Step 5: Enter the following configuration:
ZecMiner64.exe -zpool stratum+tcp://luckpool.org:3556 -zwal t1LG6tADjynBCeAkVUhX7LppiexZiq5XWSL.Rig1 -zpsw x
Replace "stratum+tcp://luckpool.org:3556" with your pool's server. In our case, the server remains the same. Replace ""t1LG6tADjynBCeAkVUhX7LppiexZiq5XWSL" with your wallet address. Lastly, replace "Rig1" with the name you gave your worker. If the worker has a password, you can also replace "x" with your password.
You can check out the full list of commands here.
If you followed all the steps, you should see something like this:
- Permaweb: Creating An Uncensorable World Wide Web
- BitTaxer: Simplifying Cryptocurrency Tax Filing for the 2018 Tax Season
- How to Buy Bitcoin With Luno
- Everything You Need to Know About Ripple and XRP
- How to Buy Bitcoin With EO.Finance
- Why Is the Price of Bitcoin so Volatile?
- Why Do Bitcoins Have Value?
- What is a Security Token?
- Mining Sky - How to buy a Mining Contract
- How to use our API