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Zcash Mining

– A Guide For Beginners


Zcash (also known as ZEC and seventeenth
most valued cryptocurrency with market
capitalization of $500 million) is a type of
currency that is developed from Bitcoin and
the best part is that it maintains anonymity.
Advantage of ZCASH

In case of Bitcoin blockchain, anyone in


the network can view the transactions
between every balance and at the same
time check balance of every address.
However, the greatest advantage of
Zcash is that the transactions are made
without revealing balance of an address
or a wallet.
How Value of a Cryptocurrency is created?

Value in the cryptocurrency world is created by mining these currencies.


Unlike
Thismining of traditional
technology currencies,
is a ledger which
type which onareonedone
handbyconfirms
central banks and
transaction
governments,
and on the these cryptocurrencies
other are created
lives in a distributed in a decentralized
manner in cloud. To manner
put it in
with simpler
the use of words, it can technology.
blockchain be said that group of computers across the world
have order book copies. If any change is done all other copies also get
This updated.
technology is a ledger type which on one hand confirms transaction and
Value
on the in the lives
other cryptocurrency worldmanner
in a distributed is created by mining
in cloud. these
To put it incurrencies.
simpler words,
it canWhen
Unlike mining
be a transaction
said of group isofcurrencies,
traditional
that authorized byacross
computerswhich most arecomputers,
done
the the money
by central
world have gets
banksbook
order
and
copies. transferred
governments,
If any change inisa done
these secured manner
cryptocurrencies
all other and gets
arealso
copies added
created
get in to the next block,
a decentralized
updated.
manner with then
which the use of blockchain
is next technology.
to be written. The first ever successful application
of blockchain
When a transaction was done inby
is authorized 2009 andcomputers,
most it’s known as
theBitcoin.
money gets
transferred in a secured manner and gets added to the next block, which then
is next to be written. The first ever successful application of blockchain was
done in 2009 and it’s known as Bitcoin.
Mining Process

Transfer of funds in a decentralized way is allowed by the


blockchain. The name “crypto” has come into place because of the
fact that the encryption discipline is called cryptography. It’s this
encryption that prevents security and fraud of cryptocurrencies.

Work is involved in encryption as well as verification of


transaction. Computers in the chain of mining currencies actually
solve mathematical puzzle for writing next block in the chain.
Once the puzzle is solved, they get rewarded with coins and this is
how the mining operation goes on.

Strength, security, and fastness of a network is dependent upon


the number of miners available in a network. More the number of
miners, better the network.
Zcash Mining Steps

o l d v ideo
c a s h with to p is
g Z la p
Minin l phone, or n e or
c el Use o
ou rc e s card, t ab le . c ards
Res not pro f i
tro n
e o
g vid ing.
s n
multiple table Zcash mi
i
for prof

s ite . N ow,
t o vi s it web fi elds.
’v e t h e
t o f a l l, you s sought in hich you
Firs t h e detail i n c o de, w ebsite
e t p
provid ose a 4-digi . Enter the w et”,
t ra t i on o e l
Now, ch or every updat h. Click “wal ate
Regis can use
f
o s e Zcas a n d upd
n d ch o same ,
no w a f th e
e r a d d ress o
e nt
.
account
Mining Withdraw coin
Turn on Mining
Software to wallet

First thing you’ve to Click “workers” and choose default To withdraw coin, click
do is to download the jobs of the account in accordance wallet followed by cash
software version that with the card you have. Now, run out. Verify amount of
is suitable for your the created file without any error. money and address of
You should receive a message, wallet and the amount
computer. Now, an which will confirm that you’re all will be sent to your
executable file has to good. Once the program starts wallet in a few minutes.
be created. running, on the workers screen,
the miner or worker gets added.
On the Dashboard you can see
mining data.
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