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Topic: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool - page 129. (Read 794394 times)

legendary
Activity: 885
Merit: 1006
NiceHash.com
Nicehash can you please explain why the 24 payouts on the 27th/28th at the time of this posting (5:30am GMT+08:00) are so low. (Namely 0.3397 BTC/GH/Day)

Not sure what exact numbers did you get into account, it's not clear from your post. Which payouts, for which miner, in which time frame?

Something that you probably didn't take into account, that you're also accumulating Immature and Unexchanged coins for each miner. These are accumulated throughout all miners and takes a significant percentage. With this in mind you'll get paid just the same of direct Ethereum mining, but with some delay due to Immature and Unexchanged coins buffer.

Are you honestly asking this from them?? They almost always underpay. What did you expect?

No, quite the contrary, NiceHash is the best paying no-hassle auto-payout multi-algorithm service out there.


Best regards,
NiceHash team.
legendary
Activity: 1694
Merit: 1002
Go Big or Go Home.....
Can you explain this for us please, because I feel we are getting ripped off and getting underpaid.

Cheers

Are you honestly asking this from them?? They almost always underpay. What did you expect?
newbie
Activity: 3
Merit: 0
 Huh Huh Huh

Nicehash can you please explain why the 24 payouts on the 27th/28th at the time of this posting (5:30am GMT+08:00) are so low. (Namely 0.3397 BTC/GH/Day)

There is currently 10.4 Gh/s of miners mining Ethereum.  Now if you put that into https://etherscan.io/ether-mining-calculator the predicted
income from having that much hash power is 312.010519511901 Ethereum coins.  

Taking it a step further if you then go to Poloniex which seems to have the most activity of trading Ethereum, and using the low 24 hour price
you get a figure of 0.01362005 ETH/BTC which works out to a converted Bitcoin value of 4.24959888 BTC.

Working out a BTC/GH/Day you get 4.24959888 BTC / 10.4 Ghs = 0.4027826739711486 BTC/GH/Day.  And thats just using the 24 hour low price.  

I'm sure your systems you have in place would sell the unconverted Ether when the price is higher.  So if you use the average of the 24 high and the 24 low
you get an average Ether price on Poloniex of 0.01438501 ETH/BTC.  Which then gives you a BTC/GH/Day of 0.4315648509615385 BTC.

So your payouts that you are paying miners is way way below what we should be getting paid per GH/s.  

Can you explain this for us please, because I feel we are getting ripped off and getting underpaid.

Cheers
newbie
Activity: 3
Merit: 0
I want to run two copy of miner on one rig
eg:

first bat file: ethminer.exe ....bitcoin-address-first.... --opencl-device 0
second bat file: ethminer.exe ....bitcoin-address-second.... --opencl-device 1

Is it possible? or ethminer will crash?

You can run it like this, but you need to run 1.0.3 version of ethminer (https://www.nicehash.com/index.jsp?p=software#eth) and you have to use separate DAG file (see --dag-dir option in ethminer)


Does niceHash have stratum proxy for etherium?

This proxy is supported: https://github.com/nicehash/ether-proxy

Nicehash I am having trouble with the config.json file for the Nicehash Ether-Proxy.  This is what I have:

"upstream": [
      {
         "pool": true,
         "name": "Nicehash ETH",
         "url": "http://ethereum.usa.nicehash.com:3500/miner/n1c3-*bitcoin address*/proxy",
         "timeout": "10s"
      }

What is the correct format for the Nicehash Ethereum Proxy when you enter the upstream pool from nicehash.

Cheers
legendary
Activity: 1694
Merit: 1002
Go Big or Go Home.....
Will you guys stop messing with your servers again.. Crashing nicehashbot all the time, screwing my rentals up.
legendary
Activity: 885
Merit: 1006
NiceHash.com
I want to run two copy of miner on one rig
eg:

first bat file: ethminer.exe ....bitcoin-address-first.... --opencl-device 0
second bat file: ethminer.exe ....bitcoin-address-second.... --opencl-device 1

Is it possible? or ethminer will crash?

You can run it like this, but you need to run 1.0.3 version of ethminer (https://www.nicehash.com/index.jsp?p=software#eth) and you have to use separate DAG file (see --dag-dir option in ethminer)


Does niceHash have stratum proxy for etherium?

This proxy is supported: https://github.com/nicehash/ether-proxy
legendary
Activity: 1001
Merit: 1005
I want to run two copy of miner on one rig
eg:

first bat file: ethminer.exe ....bitcoin-address-first.... --opencl-device 0
second bat file: ethminer.exe ....bitcoin-address-second.... --opencl-device 1

Is it possible? or ethminer will crash?



And
Does niceHash have stratum proxy for etherium?
legendary
Activity: 3164
Merit: 1003
You have to rename your file, name it "ccminer_sp.exe" and overwrite original "ccminer_sp.exe".
I did and then it shows an error on opening the miner control.

Can you post screen shot or send it to [email protected]?
Sorry for the late response ..but I just downloaded the latest and now I'm totally confused. It's looking for miners that aren't there.
And I did read the part about the antivirus deleting some apps.
How does it read all the miners in the bin....unless I take them out?
newbie
Activity: 33
Merit: 0
Been getting stratum_recv_line failed on all my rigs since this morning
Anyone else?
legendary
Activity: 2716
Merit: 1094
Black Belt Developer
nicehash works and you don't need to put money on hold for a long time like the usual cloud hashing service.
there are so many differences it really doesn't make sense to compare.
legendary
Activity: 885
Merit: 1006
NiceHash.com
I am looking for bitcoin legit and trusted cloud mining sites for writing review in my blog. I will try nicehash, I hope it will legit.

well there is a big problem in the  bitcoin world with those words being remotely used in the same sentence.  

If your looking to rent hashpower and point it to a pool then yes this is legit!..Or if your looking to sell hashpower as well

 If your looking to give someone btc for them to mine for you in hopes that they will let you make the profit(cloud mining) and not themselves then your looking in the wrong place.. Most if not all cloud mining operations have turned out to be scams or no possibility of roi(which id argue is a scam in disguise).. And if the latter is the case then why would you just throw money away??  Be interested in your blog and what companies you have tried already.. Should make for a great story.. Here is a start for you.  https://bitcointalk.org/index.php?topic=878387.0

Best Regards
d57heinz

Unlike traditional, often failed purely investment based cloud mining services, NiceHash provides purely technological advanced cloud mining experience. You can compare it to cloud computing. In cloud computing you actually rent could resources (virtual servers or services) and you actually use these resources to do something with them (run your websites on it, etc.). NiceHash is similar - you can rent actual, real hashing power and actually make a virtual miner of out if to mine actual coins (whichever you want). NiceHash is worldwide unique in this aspect - all of the other "cloud mining" services are actually purely investment based - they take your money, then they mine (or some of them even don't mine) and you hope to get some return out of it - whiteout having any real control of what is your money actually spent on. This is the reason why NiceHash is here almost for two years now (since April 2014) and our customer base grows each month. At this point we would also like to point out that we're not saying that all other purely investment based cloud services are bad - it's just that NiceHash is completely different and offers a wide range of usage scenarios and opportunities to make profit out of using NiceHash.

Best regards,
NiceHash team.
full member
Activity: 162
Merit: 102
any way u can put in fan and temp setting adjustments?
its tedious to go thru the conf files and fix/delete a ton of fan and temp settings that are completely wrong for my rigs
hero member
Activity: 569
Merit: 500
i got a x11 asic but 100% reject.
What can i do?
any setting can increase difficulty factor?
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
How do I mine Blake256r8 and Blake256r14?
legendary
Activity: 1694
Merit: 1002
Go Big or Go Home.....
I am looking for bitcoin legit and trusted cloud mining sites for writing review in my blog. I will try nicehash, I hope it will legit.

I agree with d57heinz, this is an oxymoron...
legendary
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
I am looking for bitcoin legit and trusted cloud mining sites for writing review in my blog. I will try nicehash, I hope it will legit.

well there is a big problem in the  bitcoin world with those words being remotely used in the same sentence.  

If your looking to rent hashpower and point it to a pool then yes this is legit!..Or if your looking to sell hashpower as well

 If your looking to give someone btc for them to mine for you in hopes that they will let you make the profit(cloud mining) and not themselves then your looking in the wrong place.. Most if not all cloud mining operations have turned out to be scams or no possibility of roi(which id argue is a scam in disguise).. And if the latter is the case then why would you just throw money away??  Be interested in your blog and what companies you have tried already.. Should make for a great story.. Here is a start for you.  https://bitcointalk.org/index.php?topic=878387.0

Best Regards
d57heinz
legendary
Activity: 840
Merit: 1000
I am looking for bitcoin legit and trusted cloud mining sites for writing review in my blog. I will try nicehash, I hope it will legit.
legendary
Activity: 1694
Merit: 1002
Go Big or Go Home.....
Quote from: pallas
with solo mining there is a MUCH higher return if you're lucky - TRUE
which most people seem to be - READ THAT WIKI PAGE

Seriously, is your life so devoid of excitement that you keep wanting me to waste my time reading some wiki  nonsense about something I care 0 shts about?
Lol
legendary
Activity: 2716
Merit: 1094
Black Belt Developer
Yeah but with solo mining there is a MUCH higher return if you're lucky. (Which most people seem to be.)

your sentence sounds weird.

https://en.wikipedia.org/wiki/Law_of_large_numbers

Well, read it exactly the way I wrote it and it will magically make sense to you...


with solo mining there is a MUCH higher return if you're lucky - TRUE
which most people seem to be - READ THAT WIKI PAGE
legendary
Activity: 1694
Merit: 1002
Go Big or Go Home.....
On another note, looks like another price-hike coming to NH for whomever is pre-mining some shitty altcoin again.
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