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May 26, 2023

Zcash Mining: Which are Best Zcash Miners in the Market?

SUMMARY

Though cryptocurrencies are seen as viable alternatives to fiat currencies and as proof against inflation, most cryptocurrencies reveal your transaction history and holding to everyone in the network. It poses a privacy issue for users, and Zcash addresses the problem by giving control to its users. Zcash is a cryptocurrency like Bitcoin but with some additional beneficial features. Although the Zcash transaction data is available on a public blockchain like Bitcoin, users can protect their transactions through shielded addresses.

Thus, Zcash has attracted many eyeballs, and Zcash mining is also on the rise. When Antminer Z15 is already ruling the Zcash mining market, the launch of Antminer Z15 Pro is the talk of the town now. This blog will walk you through the Zcash basics and its algorithm, comparing top Zcash miners, a glimpse of Antminer Z15 Pro, and more.

TABLE OF CONTENT

    What is Zcash?

    Built on the original Bitcoin code base, Zcash was launched in 2016 as an advanced version of Bitcoin with significant improvements like shielded addresses. Initially, it was called Zerocoin, which became Zerocash and was eventually named Zcash. With shielded addresses, Zcash gives the additional benefit of confidential transactions and financial privacy, unlike Bitcoin. Thus, Zcash is as secure as Bitcoin but with financial privacy. In fact, Zcash was the first project to implement zk-SNARKs, a zero-knowledge cryptographic form that ensures excellent privacy compared to other digital currencies.

    The zero-knowledge proof verifies transactions without exposing the sender, receiver and the transaction amount. Users can also choose to disclose selective features like transaction amounts in Zcash transactions for audit or other purposes. Moreover, since its launch in 2016, Zcash has continued to evolve. For instance, Zcash launched a unified address format in 2022, making Zcash transactions easier. Unified addresses enhance the interoperability of Zcash between wallets and exchanges, aiding the best user experience. Zcash is available on leading exchanges and digital wallets.

    Zcash mining with ASIC

    Like other crypto mining, Zcash mining also needs miners to validate transactions and add them to the blockchain network. Zcash also follows a Proof of Work (PoW) mechanism like Bitcoin to secure the network. PoW mechanism demands high computational power as miners must solve complex mathematical algorithms to identify a block. Miners compete against each other, and the one who solves the algorithm is rewarded with newly minted coins.

    Earlier miners used Graphics Processing Units (GPUs) to mine Zcash. But, since the launch of the Antminer Z9 mini in June 2018, many ASICs have been launched in the market, aiding network difficulty. Thus, miners started relying on ASIC for Zcash mining. That, in turn, paved the way for many new ASIC Zcash miners. Moreover, mining experts also recommend using ASIC miners for Zcash mining due to network difficulty.

    Equihash algorithm

    The Equihash algorithm was developed to address the risk of centralized mining. For instance, in Bitcoin mining which uses the SHA-256 algorithm, a single ASIC miner can utilize half of the network’s mining power and take charge of the network if needed.

    With the motive of decentralized mining, the Equihash algorithm was developed by Alex Biryukov and Dmitry Khovratovich, a part of the University of Luxembourg research group CryptoLUX. Equihash uses a Proof of Work (PoW) algorithm and provides a decentralized mining process and significant resistance to ASICs. Thus, ASIC miners are specifically designed for Equihash algorithms.

    However, the Equihash algorithm demands extreme RAM requirements. Simply put, according to Equihash, the mining amount depends on your hardware memory.

    Here are some of the characteristics of the Equihash algorithm:

    1. It aids decentralized mining.
    2. It provides scalability of the network.
    3. It demands a huge memory.
    4. It is flexible to adopt future changes and improvements.

    Thus, overall, Equihash has the potential to evolve and enhance with better features meeting the customized needs of the projects.

    Previous Equihash miners

    Earlier, miners used CPUs and GPUs for mining Zcash. But, once ASICs were launched for Equihash mining, there was no looking back. Let’s discuss some of the Equihash miners used in the past.

    1. Antminer Z9 mini: Launched by Bitmain in June 2018, Z9 mini was one of the early ASICs customized for the Equihash algorithm. It has a hash rate of 10ksol/s at a power consumption of 300W.
    2. Antminer Z9: Bitmain launched Z9 in September 2018, immediately after the Z9 mini for the Equihash mining algorithm. The model has a maximum hash rate of 42ksol/s at a power consumption of 970W.
    3. Antminer Z11: Released in April 2019, Antminer Z11 also works for the Equihash algorithm. It has a hash rate of 135ksol/s at a power consumption of 1418W.

    Z15 vs Z15 Pro comparison

    Let’s compare Z15 and Z15 Pro to understand the features and functionalities better.

    Antminer Z15

    Bitmain launched Antminer Z15 for mining the Equihash algorithm with a maximum hash rate of 420ksol/s at a power consumption of 1510W with a power efficiency of 3.6J/KSol.

    bitmain-antminer-z15

    Specifications

    Model Z15
    Algorithm | Cryptocurrency  EquiHash | ZEC
    Hashrate(KSol/s) 420
    Power on wall(Watt) 1510
    Power efficiency on wall @25°C (J/Ksol) 3.60

    Hardware configuration

    Network connection mode RJ45 Ethernet 10/100M
    Miner Size (Length*Width*Height, w/o package), mm(1-1) 245*132.5*290
    Net weight, kg(2-1) 5.90

    Environment Requirements

    Min Typ Max
    Working temperature(°C) 0 25 40
    Storage temperature (°C)  -40 25 85
    Operation humidity(non-condensing), RH 5% 95%

    Check out: Bitmain Antminer Z15

    Antminer Z15 Pro

    Bitmain just launched Antminer Z15 Pro for Equihash mining with a maximum hash rate of 840ks0l/s at a power consumption of 2560W with an energy efficiency of 3.15J/KSol.

    bitmain-antminer-z15-pro

    Specifications

    Model Z15 Pro
    Algorithm | Cryptocurrency  EquiHash | ZEC
    Hashrate(KSol/s) 840
    Power on wall(Watt) 2560
    Power efficiency on wall @25°C (J/Ksol) 3.15

    Hardware configuration

    Network connection mode RJ45 Ethernet 10/100M
    Miner Size (Length*Width*Height, w/o package), mm(1-1) 245*132.5*290
    Net weight, kg(2-1) 5.90

    Environment Requirements

    Working temperature(°C) 0~40
    Storage temperature(°C) -20~70
    Operation humidity(non-condensing), RH   ≤2000

    Check out: Bitmain Antminer Z15 Pro

    antminer-z15-and-z15pro-comparison

    Future of Zcash mining

    The future of Zcash mining depends directly on the Zcash price. The higher the price, the more miners mine and the more the profits. Let’s see the past price history of Zcash to determine the future of Zcash mining.

    zcash-historical-price-chart

    Source: Coinlore

    However, we can’t predict the future of Zcash mining or its price as it depends on factors like market trends, network demands, regulatory environment, etc. Thus, miners should watch the market and play safe as they do with any other investment.

    Comparison of top Zcash miners

    As Bitmain launches Antminer Z15 Pro, here is a comparison of top Zcash miners in the market.

    1. Bitmain Antminer Z15

    Bitmain Antminer Z15 tops the list for mining the Equihash algorithm with a maximum hash rate of 420ksol/s at a power consumption of 1510W. It offers an energy efficiency of 3.6J/KSol.

    antminer-z15

    Specifications

    Manufacturer Bitmain
    Model Antminer Z15
    Release June 2020
    Size 133 x 245 x 290mm
    Weight 9000g
    Noise level 72 db
    Fan(s) 2
    Power 1510W
    Voltage 12V
    Interface Ethernet
    Temperature 5 – 45°C
    Humidity 5 – 95 %

    2. Bitmain Antminer Z9 Mini

    The next best is also from Bitmain. Antminer Z9 Mini, one of the early Equihash miners, still stands the best with a maximum hash rate of 10ksol/s at a power consumption of 300W and an energy efficiency of 30J/KSol.

    bitmain-antminer-z9-mini

    Specifications

    Manufacturer Bitmain
    Model Antminer Z9 Mini
    Release June 2018
    Chip boards 3
    Noise level 65db
    Fan(s) 1
    Power 300W
    Voltage 12V
    Interface Ethernet
    Temperature 0 – 40 °C
    Humidity 5 – 95 %

    Checkout: Bitmain Antminer Z9 mini

    3. Innosilicon A9 ZMaster

    Innosilicon’s A9 ZMaster is also one of the reputed Equihash mining machines in the market. It offers a maximum hash rate of 50ksol/s at a power consumption of 620W and an energy efficiency of 12.4J/KSol.

    Innosilicon A9 ZMaster

    Specifications

    Manufacturer Innosilicon
    Model A9 ZMaster
    Release June 2018
    Size 125 x 155 x 360mm
    Weight 5920g
    Noise level 70db
    Fan(s) 2
    Power 620W
    Voltage 12V
    Interface Ethernet
    Temperature 5 – 45°C
    Humidity 5 – 95%

    Checkout: Innosilicon A9 ZMaster

    4. Bitmain Antminer Z9

    One of the early launched Equihash miners, Antminer Z9, is still widely used by Zcash miners worldwide. The model comes with a maximum hash rate of 42ksol/s at a power consumption of 970W and an energy efficiency of 23.095J/KSol.

    Bitmain Antminer Z9

    Specifications

    Manufacturer Bitmain
    Model Antminer Z9
    Release September 2018
    Size 132 x 226 x 279mm
    Weight 4700g
    Chip boards 3
    Chip count 48
    Noise level 75db
    Fan(s) 2
    Power 970W
    Voltage 12V
    Interface Ethernet
    Temperature 5 – 40 °C
    Humidity 5 – 95 %

    Checkout: Bitmain Antminer Z9

    5. Bitmain Antminer Z11

    Again Antminer Z11 from Bitmain, with a maximum hash rate of 135ksol/s at a power consumption of 1418W and an energy efficiency of 10.504J/KSol, is one of the widely used Zcash miners.

    Bitmain Antminer Z11

    Specifications

    Manufacturer Bitmain
    Model Antminer Z11
    Release April 2019
    Size 134 x 242 x 302mm
    Weight 5400g
    Chip boards 3
    Chip size 12nm
    Chip count 9
    Noise level 170db
    Fan(s) 2
    Power 1418W
    Voltage 12V
    Interface Ethernet
    Temperature 5 – 45 °C
    Humidity 5 – 95 %

    Checkout: Bitmain Antminer Z11

    comparing-zcash-miners

    A quick glimpse of the Antminer Z15 Pro launch

    Bitmain’s tweet about the launch of Antminer Z15 Pro has created a buzz among Zcash miners worldwide. Bitmain also posted the specifications of the Z15 Pro and other details like the price announcement date and shipping date.

    antminer-z15-pro-launch

    Shipping details and delivery

    Bitmain, a Chinese-based company, all its ASIC Miners are made in China. Here is what Bitmain says about shipping and delivery of Antminer Z15 Pro.

    • Antminer Z15 Pro will be available on a first-paid-first-ship basis. Hence, once Bitmain receives full payment, it will schedule delivery.
    • Since customs clearance policies vary from country to country, the miner must be aware of customs documentation requirements. Bitmain will not be responsible for custom clearance delays or unexpected costs.
    • You can download Certificates of Conformity and other important details on custom clearance for Bitmain products from its support page.

    CONCLUSION

    With the best hash rate, energy efficiency and performance, Antminer Z15 Pro is right from the industry expert, Bitmain. Investing in the Antminer Z15 Pro can help miners to explore the best of Zcash mining and give them a competitive edge in the evolving crypto mining industry. However, researching, weighing the pros and cons, and considering your mining preferences and budget is mandatory before investing in any mining machine.

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