What Is the Most Efficient Mining Hardware for Horizen (ZEN)?
Miners
- tagwu
SUMMARY
Mining Horizen (ZEN) efficiently requires selecting the right hardware, such as ASIC miners, which are specialized devices designed to perform specific mining tasks. ASIC miners, like the Antminer Z15 Pro, are optimal for Horizen mining due to their high hash rate, low power consumption, and long-term reliability. These miners provide high performance and stability, making them ideal for the competitive mining environment, where the network hashrate and difficulty continue to rise. For those seeking more consistent earnings, mining pools are recommended to reduce income fluctuations, but solo mining can offer higher rewards with no fees.
Table of Contents
Why Choose ASIC Miners for Fractal Bitcoin Mining?
Long-Term Investment
ASIC miners are optimized for specific mining algorithms, offering high performance and low power consumption, making them ideal for long-term investment in the mining industry.
Superior Hashrate
ASIC miners have much higher hash rates compared to GPUs and CPUs, enabling faster block calculations. This advantage is especially crucial in a constantly increasing network hashrate environment.
Stability and Reliability
Key Parameters to Consider When Choosing ASIC Miners
Hashrate is a critical performance metric for miners, measured in Hash/s (hashes per second). As the overall network hashrate continues to rise, mining difficulty increases, and only miners with high hashrates will remain profitable.
Current PEP Network Hashrate: 3315.42Msol/s
Mining Difficulty: 65.81 M
High-hashrate miners are essential to cope with the current mining environment.
Power Consumption
Power consumption directly affects mining costs. When choosing an ASIC miner, consider:
Whether you have enough electrical resources to support high-power miners.
Whether electricity prices are low enough, as electricity cost is a significant part of mining expenses.
For example, regions where electricity costs less than $0.05 per kWh are more suitable for ASIC miners, as higher electricity prices could erode profitability and extend the payback period.
Cooling Performance
Due to continuous high-intensity operation, good cooling performance is vital. Many ASIC miners use air-cooling systems, but ambient temperature can still impact performance:
In hot climates, miners may overheat and stop working, causing losses in mining revenue.
Why Choose a Mining Pool?
Mining pools aggregate the hash power of many miners to work together on solving blocks. Rewards are then distributed proportionally based on each miner’s contribution, reducing the income fluctuations associated with block reward randomness.
Lower Mining Difficulty
Solo mining can be highly difficult, but mining pools divide the workload, lowering the barrier to entry for individual miners.
Convenient Management
Differences Between Pool Mining and Solo Mining
- Advantages: Lower difficulty, more stable earnings; ideal for miners with lower hash power.
- Disadvantages: Pool fees and rewards are split according to pool rules.
Solo Mining
- Advantages: No pool fees; miners keep 100% of the block rewards.
- Disadvantages
How to Mine Fractal Bitcoin?
Select mining hardware compatible with Horizen’s Equihash algorithm. ASIC miners optimized for Horizen, such as the Bitmain Antminer Z15, are highly efficient for mining ZEN.
2) Download Mining Software
Use dedicated mining software that supports Horizen, such as:
EWBF’s CUDA Miner
Optiminer
3) Join a Mining Pool
To increase your chances of earning rewards, consider joining a dedicated Horizen mining pool. Popular mining pools for Horizen include f2pool and ViaBTC.
4) Set Up a Wallet
Create a Horizen wallet to securely store your mining rewards. Both hardware wallets like Ledger and software wallets like Sphere by Horizen are good choices for ZEN.
5) Start Mining
Configure your mining equipment and software, connect to a mining pool, and begin mining. Solve Equihash-based cryptographic puzzles to receive ZEN rewards.
Recommended Miners & Purchasing Guide
The miner ：860kh/s , with power consumption of 2780W , respectively. Both versions have an efficiency of 3.31j/kSOL making Z15 Pro the most efficient
| Manufacturer | Bitmain |
| Model | Antminer Z15 Pro |
| Also known as | Zcash Miner Z15 Pro 860KSol |
| Release | Jun 2023 |
| Size | 245 x 132 x 290mm |
| Weight | 5900g |
| Noise level | 75db |
| Fan(s) | 2 |
| Power | 2780W |
| Interface | RJ45 Ethernet 10/100M |
| Temperature | 5 – 40 °C |
| Humidity | 10 – 90 % |
Price: The 860kh/s version is priced around $2350
Daily Earnings: Assuming an electricity cost of $0.04 per kWh, the daily earnings for the 860kh/s version would be approximately $5.02 (actual earnings may vary and should be checked on the ).
3.Payback Period
The payback period for the Z15 Pro miner is estimated to be around 475
CONCLUSION
To mine Horizen (ZEN) most efficiently, using an ASIC miner like the Antminer Z15 Pro is a strong choice due to its high hash rate, energy efficiency, and reliability. Joining a mining pool offers stable earnings, whereas solo mining may be ideal for miners with the required resources and patience. When considering your mining setup, it is essential to balance electricity costs, hardware efficiency, and cooling requirements to maximize profitability.
FAQs on Mine Horizen (ZEN)
What is the most efficient ASIC miner for Horizen (ZEN)?
The Antminer Z15 Pro is one of the most efficient ASIC miners for Horizen, offering 860kH/s with 3.31J/kSOL power efficiency.
Should I mine Horizen solo or in a pool?
Mining in a pool is generally recommended for more stable earnings, especially for those with lower hash power. Solo mining may offer higher rewards, but it comes with more risk and instability.
What is the payback period for the Antminer Z15 Pro?
The payback period for the Antminer Z15 Pro is estimated to be around 475 days, depending on factors like electricity costs, coin prices, and mining difficulty.
