Topic: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool - page 234. (Read 794394 times)

453GH/s while consuming only 355 Watt power s3 give away miner
is that scrypt ? or SHA256

As stated many times before, we are not manipulating prices, orders, or any aspects of NiceHash, and we don't have our own bots with "extra features". We believe in free and open market.

But we know that buyers can be innovative, therefore we provide API and allow automation within our hashing power market. A few tips: one can setup his own pools and manage them in a programmatic way; and one could use automation tools from third-party pools and manage pool's workers in a programmatic way. All the rest is buyers ingenuity. However, to keep space and pace for manual operation as well we will introduce some limitations regarding the orders (order lifetime, etc.), but this is left for future upgrades.

However, to keep space and pace for manual operation as well we will introduce some limitations regarding the orders (order lifetime, etc.), but this is left for future upgrades.

Multipools can't be manipualted the way NH is being manipulated right now. They're two completely different things. Exchange API bots are here to stay, unfortunately, NH however is the only game that does what they do with the supported algos. This would be better if they were a multipool.

NH can stop this. Don't act like they can't. There aren't a dozen or so NH's floating around with the same amount of hashing power. NH is the only game in town and hashing power is a finite resource. It's all starting to pool here, if you don't kill off arbitrage the miners will go under as they'll push the prices down to power break even/shutdown for miners. Then no one wins, except the 2-3 people running arbitrage bots on NH right now.


You're already interfering with the market by allowing arbitrage bots into miner territory! Miners could actually profit off protocols, now you're gathering them all up and executing them. This isn't 'organic' and this sort of market didn't even exist before NH showed up. This isn't the same as rental pools such as MMR. MMR doesn't allow automated rentals and doesn't just feed out hashrate to bots.

Allowing a handful of people to complete rape the market is like willfully trying to destroy it and don't pretend this is natural and orderly. This didn't even exist up till recently and you're allowing them to manipulate your system to further destroy the market.

I don't understand where the lack of interference comes from either. I didn't say NH should be shut down, but BOTS, non-human entities that automatically push humans out of the market should be eliminated. You have all these rules setup when people setup their orders to try to make the system seem 'fair', you even talk about how Westhash exists so we don't get cheated out of a few fraction of hashing power, but then you allow them to completely manipulate, knowingly let them manipulate the market, which completely wrecks the whole thing.

Earlier tonight there were placeholder orders on .2 through .3, where one person was controlling all the hashrate. He'd top up his orders when they were low, so people wouldn't end up underneath. Eventually people simply canceled their orders, the price would drop through all the ranks of his orders as they set them to .05 GH of power, and then the bottom order above the next highest that wasn't them would be set to infinite or a really high number. This was on Nicehash too, Westhash has the same guy completely controlling x15 I mentioned last week.

I think you're confusing regulation for blatant exploitation of miners and buyers by automated entities. How is making a human set up orders regulating the market anyway? That's the way it's done in the first place. Making a penalty for people trying to cancel orders also encourage people to ride things out. Disallowing people from changing their hashrate prevents placeholder orders which are being used to push people out of the market (which otherwise would increase prices). There is even a bit about placeholders in the FAQ, yet it's broken and placeholders still exist.

I realize this may have been answered in a different post, but the thread is 100+ pages, so if someone (especially nicehash) has already answered, please forgive me.

So the question is this - why does the NH pool request work restarts so often? Even when I'm hashing the same order (I know for sure because there was only one active one and all miners on the pool were assigned to it), the pool requests work restart every 10 seconds or so. This has dramatic effect on the average hash rate. For example I have a really stable 3.5 TH on regular pools, but on NH with all the work restart requests, it drops down to 2.9-3.1. So this actually means that any increase in pay-per-GH over a regular pool will be negated by the significant decrease in your rig speed.

Couldn't it be adjusted so that there is no work restarts unless you change the order you are hashing for, or something similar? See the screenshots, work restarts 10-12 seconds apart.

So the question is this - why does the NH pool request work restarts so often? Even when I'm hashing the same order (I know for sure because there was only one active one and all miners on the pool were assigned to it), the pool requests work restart every 10 seconds or so. This has dramatic effect on the average hash rate. For example I have a really stable 3.5 TH on regular pools, but on NH with all the work restart requests, it drops down to 2.9-3.1. So this actually means that any increase in pay-per-GH over a regular pool will be negated by the significant decrease in your rig speed.

Couldn't it be adjusted so that there is no work restarts unless you change the order you are hashing for, or something similar? See the screenshots, work restarts 10-12 seconds apart.

I'd like to just see the sha pool as alive on my miners...


I'm running S1s and they're connecting to port 3334, fyi... but the pool shows as dead for some reason.

As stated many times before, we are not manipulating prices, orders, or any aspects of NiceHash, and we don't have our own bots with "extra features". We believe in free and open market.

But we know that buyers can be innovative, therefore we provide API and allow automation within our hashing power market. A few tips: one can setup his own pools and manage them in a programmatic way; and one could use automation tools from third-party pools and manage pool's workers in a programmatic way. All the rest is buyers ingenuity. However, to keep space and pace for manual operation as well we will introduce some limitations regarding the orders (order lifetime, etc.), but this is left for future upgrades.