How to Mine Zephyr ZEPH: Settings and Profitability of Mining a Privacy-Focused Cryptocurrency


What
is
Zephyr
ZEPH
Cryptocurrency

As
noted
on
the

official
website
,
Zephyr
is
an
overcollateralized
stablecoin
project
that
is
also
untraceable.
According
to
the
developers,
it
is

the
first
confidential
stablecoin
system
with
appropriate
reserves
to
guarantee
the
stability
of
the
corresponding
token’s
rate
.



The
project's
foundation
is
a
combination
of
the
Djed
stablecoin
protocol
from
developers
Emurgo,
IOHK,
and
Ergo
Foundation,
and
privacy
features
from
the
Monero
network.
These
include

hiding
the
recipient's
address
and
transaction
amount
.
As

noted

by
the
developers,
this
makes
the
evolution
towards
true "digital
cash"
much
more
tangible.

The
aforementioned
Djed
stablecoin
protocol
uses
three
tokens

base
coins,
stablecoins,
and
reserve
coins.
Here
is
their
detailed
description:


  • Zephyr
    (ZEPH)


    the
    cryptocurrency
    at
    the
    core
    of
    the
    Zephyr
    protocol,
    functioning
    as
    the
    base
    coin
    and
    reserve
    asset
    of
    the
    decentralized
    protocol
    based
    on
    Djed;

  • Zephyr
    Stable
    Dollar
    (ZSD)


    an
    overcollateralized
    confidential
    stablecoin
    of
    the
    Zephyr
    protocol.
    Its
    rate
    is
    pegged
    to
    the
    dollar,
    while
    the
    stability
    of
    its
    value
    is
    ensured
    by
    ZEPH
    reserves;

  • Zephyr
    Reserve
    Share
    (ZRS)


    a
    share
    in
    the
    protocol’s
    reserves,
    representing
    a
    stake
    in
    the
    financial
    health
    and
    future
    success
    of
    the
    entire
    project.

Reserve
providers
contribute
their
ZEPH
to
the
project’s
reserves
and
receive
ZRS
in
return,
reflecting
the
corresponding
share
in
the
overall
capital.
The
emission
of
the
ZSD
stablecoin
occurs
when
users
contribute
an
equivalent
amount
of
ZEPH
to
the
reserves
while
maintaining
a
minimum
reserve
ratio,
usually
at
400
percent.

In
practice,
this
ratio
often
exceeds
700
percent.
This
means
that

the
stablecoin
should
maintain
its
stability
and
dollar
peg
even
under
conditions
of
extreme
market
volatility

and
trader
sales.

Here
are
the
statistics
for
ZEPH
coins
in
reserves
and
ZSD
and
ZRS
tokens
in
circulation.


Zephyr
ZEPH
Exchange
Rate

Today,
ZEPH
is
valued
at
$7.24,
with
a
project
market
capitalization
of
$28
million.

The
peak
value
of
the
asset
at
$52.31
was
reached
on
November
23,
2023.
Accordingly,
compared
to
that
mark,
the
current
rate
is
86
percent
behind.

However,
again,
the
project
is
relatively
new
and
has
not
yet
gone
through
a
full
bull
run.
Therefore,
making
assumptions
about
the
further
behavior
of
ZEPH
is
simply
too
early.


Where
to
Buy
Zephyr
ZEPH
Cryptocurrency

Zephyr
ZEPH
is
traded
on
several
popular
cryptocurrency
exchanges.
These
are

our
familiar
MEXC
,
XT-com,
CoinEx,
Xeggex,
TradeOgre,
and
Nonkyc.
Here
is
the
distribution
of
platforms
by
trading
volume.



Note
that
some
trading
platforms
have
not
only
low
volumes
but
also
poor
market
depth.
The
latter
indicates
the
size
of
the
deal
that
will
change
the
base
asset's
price
by
2
percent
in
either
direction.

For
example,
buying
ZEPH
for
11
USDT
on
the
XT-com
platform
will
increase
the
coin’s
rate
on
the
exchange
by
2
percent,
while
a
similar
decrease
on
Nonkyc
will
occur
after
selling
cryptocurrency
for
$23.
Considering
this,
it
is
better
to
conduct
transactions
with
your
coins

whether
it
is
buying
crypto
as
a
long-term
investment
or
selling
mining
rewards

on
platforms
with
strong
liquidity.
In
this
case,
it
is
the
MEXC
exchange,
which
will
allow
you
to
conduct
transactions
on
better
terms
and
without
sharp
rate
changes.

The
project’s
website
shows
various
indicators
of
its
health.
As
can
be
seen,
over
the
past
three
months,
the
number
of
ZEPH
in
reserves
has
been
regularly
increasing.

This
means
that
the
stability
of
the
ZSD
stablecoin
is
also
improving.


The
Best
Wallets
for
Zephyr
Cryptocurrency

The
Zephyr
developers
suggest
using
the
web
wallet
at

this
link
.
To
set
it
up,
you
need
to
create
a
wallet
name,
enter
a
password,
and
save
the
wallet
file.

Then,
write
down
the
seed
phrase
and
confirm
it
in
full.
After
completing
these
steps,
the
wallet
interface
will
open

it
is
simple
and
easy
to
use.

You
can
also
use
the
official
wallet

at
this
link

on
Github.

Traditionally,
for
accumulating
ZEPH
and
receiving
mining
rewards,
cryptocurrency
exchanges
are
suitable.
However,
on
lesser-known
platforms,
it
is
better
not
to
store
large
amounts
for
additional
security.


Profitability
of
ZEPH
Cryptocurrency
Mining

The
Zephyr
network
uses
the
RandomX
mining
algorithm,
which
is
also
used
in
Monero.
Moreover,
the
Zephyr
hashrate
is
quite
comparable
to
that
of
Monero.
This
means
that
although
ZEPH
is
a
relatively
unknown
cryptocurrency,
it
is
mined
on
par
with
XMR,
which
remains
one
of
the
pioneers
in
the
digital
asset
industry.

You
can
mine
ZEPH
using
processors
and
graphics
cards,
and
you
can
track
the
situation
with
blocks
and
transactions
on
the

blockchain
explorer
.

ZEPH
is
in
the
second
half
of
the
profitability
of
cryptocurrencies
presented
in
the

2CryptoCalc
calculator
.
For
example,
here
is
the
situation
with
eight
Nvidia
GeForce
RTX
4070
graphics
cards.

This
is
logical
since

Zephyr
is
primarily
intended
for
CPU
mining
.
So
to
calculate
the
current
profitability,
enter
your
hashrate
on

this
page
.



Do
not
forget
that
the
2CryptoCalc
calculator
does
not
take
into
account
electricity
costs,
the
rates
for
which
are
different
for
everyone.
Therefore,
when
calculating
profitability,
this
must
be
considered.


Setting
Up
Zephyr
ZEPH
Mining

To
mine
Zephyr
ZEPH
on
CPUs
and
GPUs,
you
should
use
the
XMRig
miner.
It
is
available
for
download
in

this
archive
,
and
the
password
to
run
it


2miners


with
no
spaces,
capital
letters,
or
periods.

Here
are
the
settings
for
mining
ZEPH.



xmrig.exe
--coin=ZEPH
-o
zeph.2miners.com:2222
-u
YOUR_WALLET_ADDRESS.RIG_ID
-p
x
pause

If
you
have
any
questions,
answers
are
available
on

this
help
page
.


Solo
Mining
Zephyr
ZEPH

Mining
Zephyr
ZEPH
solo
is
suitable
for
experienced
miners
whose
equipment
allows
them
to
mine
at
least
2-3
blocks
per
day.

How
to
check
this?
Go
to

this
page

of
the
2CryptoCalc
calculator,
enter
your
hashrate,
and
click
the
green
“Can
I
mine
SOLO”
button.

The
specified
hashrate
is
enough
to
mine
28
blocks
a
day,
meaning
this
equipment
is
suitable
for
solo
mining.


Setting
Up
Zephyr
ZEPH
Mining
on
Miningrigrentals
and
Nicehash

Users
of
the

Miningrigrentals

and

NiceHash

platforms
can
mine
Zephyr
ZEPH.

Here
are
the
necessary
settings
for
Miningrigrentals
in
POOL
mode.


  • Name:

    2Miners
    ZEPH

  • Type:

    RandomX
    (XMR)

  • Pool
    Host:

    zeph.2miners.com:2222

  • Workername
    (-u):

    YOUR_WALLET_ADDRESS

  • Password:

    x

Next,
here
are
the
settings
for
Miningrigrentals
in
SOLO
mode.


  • Name:

    2Miners
    SOLO
    ZEPH

  • Type:

    RandomX
    (XMR)

  • Pool
    Host:

    solo-zeph.2miners.com:4444

  • Workername
    (-u):

    YOUR_WALLET_ADDRESS

  • Password:

    x

miner

Here
are
the
parameters
for
mining
ZEPH
on
NiceHash
in
POOL
mode.


  • Custom
    pool
    name:

    2Miners
    ZEPH

  • Algorithm:

    RandomXmonero
    (XMR)

  • Stratum
    hostname
    or
    IP:

    zeph.2miners.com

  • Port:

    3333

  • Username:

    YOUR_WALLET_ADDRESS

  • Password:

    x

Finally,
here
are
the
SOLO
mining
settings
for
ZEPH
on
NiceHash.


  • Custom
    pool
    name:

    2Miners
    SOLO
    ZEPH

  • Algorithm:

    RandomXmonero
    (XMR)

  • Stratum
    hostname
    or
    IP:

    solo-zeph.2miners.com

  • Port:

    5555

  • Username:

    YOUR_WALLET_ADDRESS

  • Password:

    x

Join
our
mining
community

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Telegram
.
There
we
discuss
cryptocurrency
mining,
not
staking
and
other
topics.



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