Topic: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool - page 235. (Read 794394 times)

WHY does nicehash use Bot to control price but not permit members to increase,decrease price and set cancel fee order   IT
's not FAIR to rent hash 

#59257   Dead   0.53   0.05765171   56.07%   ∞   11993.49   1.00   0   0.0000
#59262   Dead   0.51   0.06237859   29.98%   ∞   4523.70   1.00   0   0.0000
#53207   Dead   0.49   0.05630424   86.05%   ∞   61250.18   1.00   0   0.0000
#59261   Dead   0.47   0.06354091   50.84%   ∞   12081.35   1.00   0   0.0000
#53205   Dead   0.45   0.06529619   89.68%   ∞   108997.11   1.00   0   0.0000
#59260   Dead   0.43   0.06578391   49.49%   ∞   12951.22   1.00   0   0.0000
#69712   Dead   0.43   0.29216902   40.36%   ∞   40878.53   3.30   0   0.0000
#52136   Dead   0.41   0.05116901   94.52%   ∞   186018.68   1.00   0   0.0000
#59259   Dead   0.39   0.05898471   85.60%   ∞   77660.41   1.00   0   0.0000
#51670   Dead   0.37   0.04457275   97.47%   ∞   401282.51   1.00   0   0.0000
#69832   Dead   0.36   0.20592266   29.93%   ∞   21361.76   5.00   0   0.0000
#51669   Dead   0.35   0.04368129   97.17%   ∞   369969.91   1.00   0   0.0000
#69833   Dead   0.34   0.29150621   0.82%   ∞   608.81   0.05   0   0.0000
#51668   Dead   0.33   0.04155366   96.89%   ∞   338842.82   1.00   0   0.0000
#51667   Dead   0.31   0.05099793   95.83%   ∞   326629.84   1.00   0   0.0000
#55914   Dead   0.30   0.03755497   96.77%   ∞   324477.83   1.00   0   0.0000
#60932   Dead   0.29   0.00105859   97.38%   ∞   11743.07   0.10   0   0.0000
#52814   Dead   0.28   0.03176555   97.97%   ∞   472468.07   1.00   0   0.0000
#52813   Dead   0.26   0.03954327   98.30%   ∞   759014.18   1.00   0   0.0000
#52812   Dead   0.24   0.04359477   96.90%   ∞   491218.15   1.00   0   0.0000
#55124   Dead   0.23   0.04296879   88.37%   ∞   122612.02   1.00   0   0.0000
#51657   Dead   0.22   0.03278906   95.07%   ∞   248439.19   1.00   0   0.0000
#69847   Dead   0.22   0.22602061   23.10%   ∞   28345.69   No   0   0.0000
#55123   Dead   0.21   0.03232420   90.09%   ∞   120904.15   1.00   0   0.0000
#51656   Dead   0.20   0.04382059   91.75%   ∞   210473.79   1.00   0   0.0000
#55122   Dead   0.19   0.02917219   85.11%   ∞   75820.69   1.00   0   0.0000
#53372   Dead   0.18   0.03930077   85.77%   ∞   113759.07   1.00   0   0.0000
#55120   Dead   0.17   0.03211845   83.60%   ∞   83223.62   1.00   0   0.0000
#53369   Dead   0.16   0.03132879   93.06%   ∞   226972.64   1.00   0   0.0000
#55119   Dead   0.15   0.02450414   93.05%   ∞   189053.16   1.00   0   0.0000
#65635   Dead   0.15   0.00406614   58.09%   ∞   3246.35   0.10   0   0.0000
#55118   Dead   0.14   0.02153266   93.89%   ∞   204423.92   1.00   0   0.0000
#71967   Dead   0.14   0.01435061   1.72%   ∞   155.14   0.05   0   0.0000
#55912   Dead   0.13   0.03504263   91.87%   ∞   263166.04   1.00   0   0.0000
#71992   Dead   0.13   0.01117439   4.18%   ∞   324.08   0.05   0   0.0000
#66012   Dead   0.11   0.02608291   20.43%   ∞   5261.39   1.00   0   0.0000
#66054   Dead   0.10   0.00654428   32.55%   ∞   2728.81   0.10   0   0.0000
#69421   Dead   0.01   0.01950200   0.00%   ∞   0.00   10.00   0   0.0000
#70548   Dead   0.01   0.01950200   0.00%   ∞   0.00   10.00   0   0.0000

Same problem here. Currently I switched my sha miners TO nice/west 'cause I mean daaaamn. The problem may be similar to something I saw when buying
scrypt. When it settles into the low-enough to turn a profit on scrypt and I pick up any hashpower the "big order" guy who has the same order set at every price break starts popping ahead and takes it all, but if I were to try to compete I'd be losing money no matter where I mine. So the bot comment above is maybe right?

I still can't figure out WHY though. or where they might be mining.. The only thing that makes ANY sense is a speculative thing, mining a newer coin that isn't on an exchange, to pile it up in hopes of making something off it?  It either that or some secret coin/pool... oh wait or someone is just too stupid to math. I've noticed the "big order" has gone from 16mhs scrypt to about 8 on every pricebreak So maybe the big-fast returns they were getting made them keep pouring it on and they don't realize they are losing money because it is constantly in transition? It slowly dwindles and they don't see it because of the lobster in warm water effect.
Bidding frenzy is another possibility.  one other possibility. With the price of bitcoin dropping, maybe you have renters who are thinking in dollars for the buying part
"I only spent 20 bucks!" and haven't caught on that the return comes at the same coin price. oh desperation will also make people throw more money at a problem thinking it will fix it, but those guys should have run out by now.

If you have MOST of the hash power in a given algo it might be worth it to throw some away to drive the price up... Hrm, time to buy some more miners.
Maybe people tossing old s1's undervolt them so they are more power effective and hash away.

None of the reasoning is solid though and in the end it just seems retarded.

Woohoo! Go Nicehash!

Before I was really unhappy with your service. But now you respond very, very, fast.

For this giveaway, are all members entered equally? Or do heavier users get a better chance of winning?

Are there any other buyers on this thread? What sha coins are you mining that are twice as profitable as bitcoin? As a buyer I have to say the market has become much less attractive than it was only a few months ago.

There used to be times when I could at least rent and mine at break-even, with some patience sometimes even slightly profitable for a few hours every few days but since 4 weeks the sha256 prices have become **INSANE**! What are they doing with this overpriced hash power? Surely there must be a rational explanation for this behavior? They are not deliberately throwing money out of the window, are they?

what program you using? bfg or cgminer? i noticed a lot of errors 1-3% with cgminer on windows and occasional crashes. i started using cgminer for linux and it runs smooth. minimal errors if any .1% or so. also never crashes running solid for weeks.

Hi,

I was getting a high amount of errors/rejects so I have setup the stratum proxy to see if this would help me.

I was wondering if I could run the stratum proxy on the same computer that controls the miner? I have it installed on a separate machine at the moment but having the two running at the same time to mine could be  a problem.


Also, would a raspberry pii be capable to run the proxy?  I only have one 28 Mh/s Zoomhash Thunder X3 ASIC mining.

Cheers,

Snoz.

Are both nicehash & westhash down for anyone else?

Are both nicehash & westhash down for anyone else?