In this article, we’ll introduce what you can mine with Bitmain Antminer Z15.
June 2020 saw the release of the Bitmain Antminer Z15. It weighs about 9 kg, can hash cryptocurrencies at a rate of 420k sols/s, and uses 1510 watts of power.
The Bitmain Antminer Z15 is a high-performance ASIC miner designed for mining Equihash-based cryptocurrencies. Equihash is a memory-hard algorithm that is resistant to ASICs. However, the Bitmain Antminer Z15 is specifically designed to mine Equihash-based coins, making it one of the most efficient miners for this algorithm.
The prices of all cryptocurrencies mentioned in the article are indicated as of Jan 13, 2023
Table of Contents
Popular Coins That You Can Mime With Bitmain Antminer Z15
You can make a respectable profit from mining with the Bitmain Antminer Z15 as long as the cryptocurrency is built on the Equihash algorithm. The most lucrative cryptocurrency is Zcash.
The Bitmain Antminer Z15 can be used to mine the following coins for respectable rewards.
Market cap: $726,084,360
Zcash is a privacy-focused cryptocurrency that allows users to transact with enhanced privacy using zero-knowledge proofs. ZEC is one of the most profitable coins to mine using the Bitmain Antminer Z15.
As a decentralized, open-source cryptocurrency with privacy and security for users’ financial histories, Zcash was developed. The Zcash network’s ability to confirm transactions quickly and effectively is due to ZEC’s use of the original Bitcoin code. Zcash has protected transactions that conceal a user’s personal information, unlike Bitcoin and other cryptocurrencies, which reveal a user’s financial history and current holdings when transactions are made.
Although the Zcash Foundation aims to protect users’ privacy for legal, non-nefarious reasons, Zcash has been criticized for potentially offering a haven for illegal transactions.
One of the most renowned technical teams in the world launched Zcash.
Zcash is the “https of blockchains,” safeguarding your right to save and spend money however you please.
The first project to use zk-SNARKs, a cutting-edge type of zero-knowledge cryptography that offers its users the highest level of privacy possible in any digital currency, was Zcash.
Funding for Zcash innovation is distributed among numerous, independent organizations.
Top exchanges, digital wallets, and an increasing number of applications already offer Zcash.
Market cap: $73,614,594
It is entirely private to send cryptocurrency called Pirate Chain (ARRR). ARRR can be mined using the Bitmain Antminer Z15. It employs a privacy protocol that is impervious to network activity by other users. The majority of privacy coins have holes caused by optional privacy. Pirate Chain uses zk-SNARKs to completely encrypt all peer-to-peer transactions, resulting in extremely private and anonymous transactions.
Independent Technology: Independent blockchain that is secured by delayed Proof of Work (dPoW) against 51% attacks
Sending only in private during private transactions. No Public sends make it the largest shielded funds pool of any project using ZK-snarks
Future Proof: Sapling upgrade implemented and opens the path to lite wallets, mobile wallets and Point of Sale functionality
Total Anonymity: The TOR network is supported by Pirate Chain
They provide a range of tools for integration with your online store, making them ecommerce-capable.
Market cap: $121,932,405
Horizen is a blockchain ecosystem that enables privacy-preserving decentralized applications. Developers can create unique private or public blockchains and decentralized applications on Horizen’s main blockchain and sidechain platform, which both use ZEN as their native asset. ZEN can be mined using the Bitmain Antminer Z15.
Permissionless and completely decentralized: Powered by the Horizen blockchain, which takes advantage of the security of a strong PoW public blockchain and has the largest distributed node network, ensuring the highest level of dependability and resilience.
Zero-knowledge enabled cross-chain protocol enables auditable AND privacy-preserving blockchains, bridging a significant adoption gap.
Flexible and programmable crypto-economy: All-in-one SDKs with a modular design enable developers to quickly deploy completely bespoke private or public blockchains that are tailored to their particular requirements.
Bitcoin Private (BTCP)
Market cap: $2,161,127
A hard fork between Bitcoin (BTC) and ZClassic (ZCL) in March 2018 produced Bitcoin Private, a community-driven cryptocurrency. Rhett Creighton, who also founded ZClassic, served as the organization’s founder and chief developer. The ultimate goal of the launch of Bitcoin Private was to combine the inherent privacy-rich features of ZClassic with the adaptability, security, and popularity of Bitcoin. BTCP can be mined using the Bitmain Antminer Z15.
- A Bitcoin and ZClassic hard fork in March 2018 resulted in the creation of Bitcoin Private (BTCP), a community-driven cryptocurrency.
- The main motivation behind the release of Bitcoin Private was to combine the ZClassic cryptocurrency’s built-in privacy-rich features with the adaptability, security, and widespread adoption of Bitcoin.
- Although a small group of enthusiasts is working on BTCP, there is no information on when the blockchain and coin will be made available to the general public.
Market cap: $29,509,061
One of the most cutting-edge open-source blockchain platforms is Komodo (KMD). KMD can be mined using the Bitmain Antminer Z15. It has introduced a delayed-Proof-of-Work consensus mechanism and the leading platform regarding atomic swaps technology.
The Komodo Platform combines a number of impressive features and components, including a decentralized exchange with atomic swaps, tools and services to secure or launch your independent blockchain or ICO, transaction privacy and anonymity, transparency, next-generation UXTO Smart Contracts, Bitcoin-level security, multi-chain sync, seamless blockchain interoperability, limitless scalability, and multi-chain sync.
A second-generation blockchain is called Komodo. It was first created as a fork of the privacy coin Zcash (ZEC), which was created as a fork of Bitcoin (BTC).
Since the price of cryptocurrencies can be quite unstable, consider these profitability estimates to be estimates only. It could rise, making mining even more worthwhile, or it could fall, leading to lower profits. How profitable mining with the Antminer Z15 is also depends on the network difficulty.
What is the Most Popular Coin to Mine With Antminer Z15?
Zcash (Zec) would be that. The rig generates about $26.18 per day while using $4.35 in electricity, according to ASIC Miner Value. Z cash now has a daily profit of $21.83 net. That equates to $654.89 in a month and $7,858.67 in a year.
The Bitmain Antminer Z15’s profit minor is estimated to be around $7,800 per year on other miner profit calculator websites as well.
Antminer Z15 Mining Setup and Pools:
You can download Antminer Tool to set it up where you find IP address of the machine when connected to local network. You enter your miner’s IP address and setup Strantum address and miner worker name (zcash mining address). If you use Antpool the Bitmain’s mining pool, your PPS fees are 3% with minimum payment of 0.001 Zcash (Zec). PPLN fees are 0% but in generally less payouts. Other mining pools are SlushPool, Nicehash, Poolin, and Luxor.
Bitmain Antminer Z15 Prices
This rig can be found at the launch price of $4,075 from the manufacturer Bitmain. However, it’s currently out of stock, and the only option is to buy from resellers, where you’ll find the rig selling at $9500 to $13,000.
It’s important to note that prices may vary depending on various factors such as availability, demand, and market conditions. It’s recommended to do your own research and check the latest prices before making any purchasing decisions.
Where to buy Antminer Z15?
We offer brand new Bitmain Antminer ASIC Z15 Zcash Miner with competitive prices and excellent customer service.
What is the Equihash Algorithm?
The generalized birthday problem is a concept in computer science and cryptography that serves as the foundation for Equihash, an asymmetric memory-oriented proof-of-work mining algorithm. It enables miners to mine cryptocurrencies using a standard PC. It was developed by scientists to shorten the extended time needed to complete the mining process.
Because it enables regular users to divide the workload by primarily dividing the amount of proof-of-work mining into smaller working systems. It compares using Equihash with traditional SHA256 mining for a variety of gains, using Zcash as a great example.
Why Are We Using It?
As an effective verification, it will become more crucial in the future to satisfy client demands on limited hardware. It is well known that equihash is a memory-oriented Proof-of-Work, meaning that the amount of mining it can accomplish depends on the amount of RAM required. Building affordable custom hardware ASICs for mining seems to be possible.
With major Equihash optimization, it becomes evident that this is highly unlikely, which helps the miners see the optimization’s benefits. Equihash is effective in resolving the generalized birthday problem because, as was already mentioned, it solves the problem. It has also been extensively studied by computer scientists and cryptographers.
Therefore, it is preferred that it be perceived as a successful optimization of Equihash that resolves with an optimization of the generalized birthday problem. It is not simple to solve all of the cryptographic issues, but using equihash, it is certain that it offers safety and may change the proof-of-work again by identifying some flaws and an algorithm that provides greater assurance.
Benefits of Equihash Algorithm
Equihash is ASIC resistant, to put it simply. It is a proof of work algorithm that is solely memory oriented, to mention it with reframing. It represents the volume of mining that is dependent on the amount of memory provided by the necessary hardware.
Due to its memory-intensive nature, it is very difficult to create an accessible and specialized hardware chip. Equihash is a well-optimized and more effective algorithm that can mine using a standard PC with more RAM power.
Conclusion: Zcash (Zec) is the Most Popular Coins to Mine With Antminer Z15
You can get a respectable return on investment from mining with the Bitmain Antminer Z15 as long as the cryptocurrency is built on the Equihash algorithm. The most widely used coins are Komodo (KMD), Horizon (ZEN), Pirate (ARRR), Zcash (Zec), and Bitcoin Private (BTCP).
Can Bitmain Antminer Z15 Mine Bitcoin?
No, the miner employs the Equihash algorithm, which is only appropriate for mining Equihash-based cryptocurrency. These include Komodo (KMD), Hush, ZenCash (Zen), Horizen (Zen), Pirate (ARRR), and Zcash (Zec).
The most widely used Equihash cryptocurrency mined with the Antminer Z15 is Zcash.
The NSA of the United States created the SHA-256 algorithm, which is what Bitcoin makes use of. With a rig using the same algorithm, mining this is best. Additionally demanding on the hardware, bitcoin mining software typically needs a lot of processing power to be useful. The high power requirements as a result.
How Profitable is the Bitmain Antminer Z15?
Zcash mining is done with the Bitmain Antminer Z15 device.According to today's market estimate, the current price of Bitcoin is: $29.55, the Antminer Z15 can mine 0.1393334 ZEC every 24 hours, if the electricity cost is 6 cents/kwH, you can make $1.94 profit every 24 hours, $58.2 profit per month, $690.64 profit per year.
Of course, if you calculate the net profit, you also need to deduct the cost of purchasing the mining machine.
If you choose to host the miner, you will also need to deduct the hosting fee.