Unlocking the Secrets of Zephyr (ZEPH) Mining: A Guide to Optimal Settings and Profit Potential

What is Zephyr ZEPH Cryptocurrency

As highlighted on the official site, Zephyr represents an overcollateralized stablecoin initiative that is also untraceable. The creators assert that it is the inaugural confidential stablecoin framework with adequate reserves to secure the stability of the respective token’s rate.


The foundation of the project comprises a fusion of the Djed stablecoin protocol developed by Emurgo, IOHK, and the Ergo Foundation, alongside privacy functionalities from the Monero network. These features include concealing the address of the recipient and the transaction amount. As mentioned by the creators, this enhances the progression towards genuine "digital cash" significantly.


The aforementioned Djed stablecoin framework employs three tokens — base coins, stablecoins, and reserve coins. Below is their in-depth description:

• Zephyr (ZEPH) — the cryptocurrency at the center of the Zephyr framework, serving as the base coin and reserve asset of the decentralized system built on Djed;
• Zephyr Stable Dollar (ZSD) — an overcollateralized confidential stablecoin within the Zephyr framework. Its rate is tied to the dollar, while the stability of its value is backed by ZEPH reserves;
• Zephyr Reserve Share (ZRS) — a representation of a share in the reserves of the framework, denoting a stake in the financial stability and ongoing success of the entire initiative.

Reserve contributors inject their ZEPH into the reserves of the project and obtain ZRS in exchange, indicating the corresponding portion of the overall capital. The release of the ZSD stablecoin happens when users contribute an equivalent quantity of ZEPH to the reserves while maintaining a minimum reserve ratio, typically at 400 percent.

In practical terms, this ratio frequently surpasses 700 percent. This indicates that the stablecoin must uphold its stability and dollar peg even in conditions of severe market fluctuations and trader sell-offs.

Presenting the statistics for ZEPH coins in reserves along with ZSD and ZRS tokens in circulation.

Zephyr ZEPH Exchange Rate

As of today, ZEPH is priced at $7.24, with a market capitalization for the project amounting to $28 million.

The highest value of the asset, $52.31, was attained on November 23, 2023. Consequently, relative to that figure, the current rate lags 86 percent.

Yet again, the venture remains comparatively recent and has yet to experience a complete bull market. Thus, forming predictions regarding the future conduct of ZEPH is merely premature.

Where to Purchase Zephyr ZEPH Cryptocurrency

Zephyr ZEPH is available on various well-known cryptocurrency exchanges. These include the familiar MEXC, XT-com, CoinEx, Xeggex, TradeOgre, and Nonkyc. Below is the breakdown of platforms by trading volume.


Be aware that certain trading platforms not only exhibit low volumes but also limited market depth. The latter reflects the magnitude of the transaction that will alter the base asset's value by 2 percent in either direction.

For instance, acquiring ZEPH for 11 USDT on the XT-com exchange will elevate the coin’s price on that platform by 2 percent, while a corresponding decrease on Nonkyc will occur after liquidating cryptocurrency for $23. Given this, it’s advisable to execute trades with your assets — whether it involves purchasing crypto for long-term holding or liquidating mining proceeds — on exchanges with robust liquidity. In this context, MEXC emerges as the exchange of choice, enabling transactions under more favorable conditions and to avoid sudden price fluctuations.

The project’s website displays various metrics of its wellness. Notably, over the last three months, the quantity of ZEPH in reserves has been consistently rising.

This indicates that the stability of the ZSD stablecoin is also enhancing.

Top Wallets for Zephyr Cryptocurrency

The developers of Zephyr recommend utilizing the web wallet accessible at this link. To initiate the setup, you must create a wallet name, fill in a password, and store the wallet file securely.

Subsequently, document the seed phrase and confirm it in full. Upon completing these actions, the wallet interface will become accessible — it’s user-friendly and straightforward.

You may also utilize the official wallet provided at this link on Github.

Generally, cryptocurrency exchanges are appropriate for acquiring ZEPH and obtaining mining rewards. Yet, it’s advisable not to keep substantial amounts on less-renowned platforms for enhanced security.

ZEPH Cryptocurrency Mining Profitability

The Zephyr network employs the RandomX mining algorithm, which is similarly utilized in Monero. Additionally, the hashrate of Zephyr is quite comparable to Monero. This indicates that while ZEPH is a relatively obscure cryptocurrency, it is mined at a level comparable to XMR, which is still one of the frontrunners in the digital asset market.

ZEPH can be mined using CPUs and GPUs, and the status of blocks and transactions can be monitored on the blockchain explorer.

ZEPH ranks in the lower spectrum of cryptocurrency profitability listed on the 2CryptoCalc calculator. For instance, here is the scenario involving eight Nvidia GeForce RTX 4070 graphics cards.

This aligns with the fact that Zephyr is mainly designed for CPU mining. Hence, to evaluate the current profitability, input your hashrate on this page.


Keep in mind that the 2CryptoCalc calculator does not factor in electricity expenses, which vary for each individual. Thus, when calculating profitability, this must be taken into account.


Configuring Zephyr ZEPH Mining

To mine Zephyr ZEPH utilizing CPUs and GPUs, it is advisable to employ the XMRig miner. This software can be downloaded from this archive, and the password for execution is 2miners, which should not include spaces, capital letters, or periods.

Here are the configurations for extracting ZEPH.


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


If you have any inquiries, responses can be found on this assistance page.

Solo Extraction Zephyr ZEPH

Mining Zephyr ZEPH independently is ideal for skilled miners whose hardware permits them to extract at least 2-3 blocks each day.

How can you verify this? Visit this website of the 2CryptoCalc calculator, input your hashrate, and click the green “Can I mine SOLO” button.

The given hashrate is sufficient to mine 28 blocks daily, indicating that this hardware is appropriate for solo mining.

Configuring Zephyr ZEPH Mining on Miningrigrentals and Nicehash