Topic: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool - page 229. (Read 794394 times)

-u 192LVxfeKVR3NLZrtxcZNdazfo4Dw8S1tm -p xx

stratum authentication fails on both 3333 and 3334  why?

You can set password in your miner config like p=0.002 like this your miner will be rented only for the orders of 0.002btc or above

Now my question was: since NH calculate rentals on btc/ghs/day so how i can set my scrypt miners password to fulfill orders which are above 0.002/mhs/day and same for the SHA MINERS

I just pointed my miners at WestHash (in the US) and used my Bitcoin addy.  Is there something else to be done or setup for greater benefit?  I didn't get the part about leasing hash or setting minimums.

guys how to calculate minimum rental criteria? i wanted to set 0.002BTC per MHs but having difficulty to set it up

Can I make a suggestion? I'm noticing that commonly (perhaps every time?) when I rent or someone rents my rig, it shows 0 hashrate for 3-4 minutes at the start of the rental. Not sure why... I know when I rented I had the pool info ready to go so there should not have been more than 1 minute down, if that.

So I'd just like to suggest that when calculating the average hashrate for a rental, you truncate off the first 5 minutes of the rental period in doing the calculation, if this really is a common phenomena. That would save us (whether renters or rig providers) some aggravation/misunderstanding.

I doubt about that.

For example, I tested the system by making a small deposit of 10 mBTC (the smallest accepted). Of course, I chose to order hash power using a smaller price than most of the biggest active orders (just testing if I can get a good deal). It turned out that I had to wait too much time to have the order filled by anyone, but this was due to my own pool which rejected the connections (at least this was the message I received into the My Orders page). For short, I cancelled my order, so I know for sure the following things:

1. 14 days isn't of any good -- as time as the mining difficulty increases (and the payout decreases accordingly) too often.

2. If keeping any BTC amount "invested" in such an order, assuming that I would use some better pool (with a low price, though), I would either have :

a). -- too late -- the order filled (but sometimes when I'd already pay too much per TH/day), which would make a double loss (bigger real price plus smaller rewards)

or

b). -- much too late -- the order canceled by the system (in 14 days), which is even worse (my funds blocked for 14 days plus the loss of buying power of blocked funds during these 14 days).

What's worse? You decide it.


Don't tell me that 14 days means that you only lose 0.1 mBTC (their anti-spam fee) plus that 0.5 mBTC (withdrawal fee). In 14 days the mining difficulty increases more than the 2% !

14 days is just offering you a false sense of peace of mind !

I see as reasonable a 3-5 days limit instead of 14 days !!

BTW. If you choose an order with unlimited hashing power you are damn so wrong ... This is because the pools aren't just producing blocks each and every second. If you chose unlimited power (which might be spent / received in minutes, hours, etc), what happens if your pool gets unlucky and produce no blocks during your rent ? You lose your funds in zero or small reward, if any at all.

Edited - reason : NH reversed the 2% fees after I cancelled the test order. Only 0.1 mBTC (anti-spam fee) was deducted as far, which is fine. Probably will follow that 0.5 mBTC. As of now though, I still prefer to just hash with my rig here, instead of rent power from others.

Hey thanks for your reply bud, I think I am going to try this out.  Really looking to spend less time monitoring for the most profitable coin/s all the time.  I like the sounds of getting more of my time back to work on other things.  Figure once a week or I can just take the BTC and buy up one of my portfolio coins that is in good buy position.  Getting more comfortable with trading and want to spend less time on the mining side, so this option looks good for me.

Thanks again!!

IF you can pick the right coin of course you will make more money mining that coin directly but it is a BIG If. There is a lot of luck involved in that and nicehash takes that luck out and allows you to make a good profit esp compared to mining litecoin directly.

Just looking into NiceHash.  I have around 55 mh/s in scrypt ASICs.  Would mining at Nicehash really offer more profits than multipool or mining scrypt coins directly?

Someone brought it to my attention recently that this is the case and I could make more coins pointing my rigs to NiceHash then buying the coins I want to collect.

We have got lucky winners for our 2x AntMiner promotion: https://nicehash.com/giveaway/

Check if you are the winner!

1Ez4qA9PVqz4wmtk7JTKu26n1Va1tecChg can one of the bots please pay me out....I havent been paid since...

I'm seeing that right now on X15 with my order. Stupid bot keeps instantly reacting all day to my own or anyone else attempting to place an order, clearly not a person. Nicehash should realize that allowing bots (whether their own or someone else's) aggravates the heck out of customers and absolutely will drive us away after 1 or 2 exasperating experiences. Then Nicehash will wither and die, wondering what happened to their customer base. You can't survive on just one or a handful of bot operators jacking with everyone.

Sorry,Nicehash uses BOT to fleece renters 

If your miner starts to idle (not doing any work at all), then the reason is in idlebug in older versions of cgminer. Update your software/firmware.

set price, when price hits target it mines but when price drops, my miner does not go back to mine at my regular pool.

set price with  p=0.0xxx at password

any1 have any idea why it does that ? i have to restart cgminer every time.

https://nicehash.com/?p=faq#faqs4

I said I Wished orders that appeared were locked in.  And it is a problem for Nicehash if they would like me to rent rigs and bring them to them to hash and have them make money.

Otherwise only my own miners will be working there.

Now go back under your rock and troll someone else.

how did you set your price?

So you tried to arbitrage and failed, how is that NH's problem and why would they need to solve it for you?

wasn't even lower price.  The orders were just  gone.  It would stabilize the system and price a lot.