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Topic: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool - page 251. (Read 794394 times)

hero member
Activity: 784
Merit: 504
Dream become broken often
I don't know why you can't just load balance the front end on both servers and just have us/eu miners connect to the way it is now and just have the order system tell where the mining should come from and send it to that server....Ya I'm totally lost on understanding any of this
legendary
Activity: 1442
Merit: 1005
What is the point of proxifying from US to EU? Then we might just keep NiceHash and nothing else. This is not a solution.

Bounty is offered, because we, after moths of discovery, didn't come up with any better solution - but maybe there is someone smarter and can give us an idea, so we went with solution that is best for buyers - buyers are the ones that bring money to the table here, so we should never neglect them.
The same point for which Westhash exists. The point is to reduce lost efficiency by directing US miners to US pools and EU miners to EU pools.

The bount is a good idea, I hope someone provides what you seek.

Don't forget to incorporate how are miners rewarded in this system (must be fair - like it is now - and not by order miner is working on).
Just like now, all servers will have their own payout rates, but since you have that 10% switch condition, the reward difference will never be more than 10%. So it's fair. You can even set the same rate on all servers and have some users subsidize ~5% to other users at various times.

I can't see what other requirements you ask for at the moment, but thanks for taking my points into consideration.
hero member
Activity: 784
Merit: 504
Dream become broken often
We offer 1 BTC bounty to whoever can come up with ideal solution how to "disperse" the system while keeping following intact:
- low rejects (same entry+exit point for all shares)
- ability for customers to select location of their order

Now let's see if someone comes out with something constructive  Roll Eyes

Ugh I wish I had an answer for that...but the ability for customers to choose where...couldn't you just put an option in the order?

Idk how like btc guild or other pools do it but why wouldn't it work for you guys? Why do you need super low reject? I'd be happy with under 5 percent rejects if it keeps this all together... Hehe did ya try to just proxy the U.S.server to yours?

Did you offer that bounty cause you already know it is impossible?

What is the point of proxifying from US to EU? Then we might just keep NiceHash and nothing else. This is not a solution.

Bounty is offered, because we, after moths of discovery, didn't come up with any better solution - but maybe there is someone smarter and can give us an idea, so we went with solution that is best for buyers - buyers are the ones that bring money to the table here, so we should never neglect them.

can we get a list of what you came up with it and why it doesn't work so we're not coming up with the same ideas

Just trying to help
sr. member
Activity: 280
Merit: 250
We offer 1 BTC bounty to whoever can come up with ideal solution how to "disperse" the system while keeping following intact:
- low rejects (same entry+exit point for all shares)
- ability for customers to select location of their order

Now let's see if someone comes out with something constructive  Roll Eyes
I'll come up with something slightly constructive but hard to implement Smiley

Miners can be geolocated when they connect to any port, and they can be prioritized to contracts based on their location (some kind of priority list for areas (NW, NE, EU, CN).

Target pools can be geolocated when they are being connected to and have this location presented as a priority for the miners mentioned above.

Have a calculated switch point (say 10% extra or whatever is the reject rate plus a bit) for fulfilling orders based on price and not location (if NW pays more than EU by 11%, switch EU miners there).

You are already switching miners based on capped hashrate, you can just add this into the switching mechanism.

Don't forget to incorporate how are miners rewarded in this system (must be fair - like it is now - and not by order miner is working on).
sr. member
Activity: 280
Merit: 250
We offer 1 BTC bounty to whoever can come up with ideal solution how to "disperse" the system while keeping following intact:
- low rejects (same entry+exit point for all shares)
- ability for customers to select location of their order

Now let's see if someone comes out with something constructive  Roll Eyes

Ugh I wish I had an answer for that...but the ability for customers to choose where...couldn't you just put an option in the order?

Idk how like btc guild or other pools do it but why wouldn't it work for you guys? Why do you need super low reject? I'd be happy with under 5 percent rejects if it keeps this all together... Hehe did ya try to just proxy the U.S.server to yours?

Did you offer that bounty cause you already know it is impossible?

What is the point of proxifying from US to EU? Then we might just keep NiceHash and nothing else. This is not a solution.

Bounty is offered, because we, after moths of discovery, didn't come up with any better solution - but maybe there is someone smarter and can give us an idea, so we went with solution that is best for buyers - buyers are the ones that bring money to the table here, so we should never neglect them.
legendary
Activity: 1442
Merit: 1005
We offer 1 BTC bounty to whoever can come up with ideal solution how to "disperse" the system while keeping following intact:
- low rejects (same entry+exit point for all shares)
- ability for customers to select location of their order

Now let's see if someone comes out with something constructive  Roll Eyes
I'll come up with something slightly constructive but hard to implement Smiley

Miners can be geolocated when they connect to any port, and they can be prioritized to contracts based on their location (some kind of priority list for areas (NW, NE, EU, CN).

Target pools can be geolocated when they are being connected to and have this location presented as a priority for the miners mentioned above.

Have a calculated switch point (say 10% extra or whatever is the reject rate plus a bit) for fulfilling orders based on price and not location (if NW pays more than EU by 11%, switch EU miners there).

You are already switching miners based on capped hashrate, you can just add this into the switching mechanism.
newbie
Activity: 24
Merit: 0
You could split SHA256 / Scrypt to westhash and keep the other algos on Nicehash? The current solution needs to be rethought
newbie
Activity: 49
Merit: 0
suggestion:if one order is dead,and then back to live,this order shoud be list under the other same price orders....

It is. But when it is dead, it is moved down the list under among dead orders.

but it's not! when a dead order come back to live,it will not be under the other same price orders but come to it's old place。
hero member
Activity: 784
Merit: 504
Dream become broken often
We offer 1 BTC bounty to whoever can come up with ideal solution how to "disperse" the system while keeping following intact:
- low rejects (same entry+exit point for all shares)
- ability for customers to select location of their order

Now let's see if someone comes out with something constructive  Roll Eyes

Ugh I wish I had an answer for that...but the ability for customers to choose where...couldn't you just put an option in the order?

Idk how like btc guild or other pools do it but why wouldn't it work for you guys? Why do you need super low reject? I'd be happy with under 5 percent rejects if it keeps this all together... Hehe did ya try to just proxy the U.S.server to yours?

Did you offer that bounty cause you already know it is impossible?
sr. member
Activity: 280
Merit: 250
We offer 1 BTC bounty to whoever can come up with ideal solution how to "disperse" the system while keeping following intact:
- low rejects (same entry+exit point for all shares)
- ability for customers to select location of their order

Now let's see if someone comes out with something constructive  Roll Eyes
newbie
Activity: 18
Merit: 0
Westhash is one of the worst stunts ever.
Close it now and stop beng silly.

Yes, Nicehash needs more servers to better handle higher loads. Yes, Nicehash needs geographically disperse stratums. What it doesn't need is a competing service called westhash.

Get your shit together, this is not how you do it.
legendary
Activity: 3346
Merit: 1094
You can now use the feature Awesome Profit Switching in Awesome Miner to automatically switch between mining on NiceHash or WestHash based on highest profit. All profitability calculations and pool switching are performed automatically by the software.

This will make it much easier for those selling hash power to mine with high profit. Give it a try!

full member
Activity: 120
Merit: 100
Maybe I haven't had enough coffee yet, but does this "singular" vision also extend to miners and their mining balance?  I have some residual coins in nicehash.com when I moved my miners over to westhash.com.  Is there a way to merge that?

Had the opposite. Tiny balance on westhash. Seemed to merge once a day.. will update if / when it does.. Now I'm heavy on West and sub 100k satoshi's on Nicehash. We'll see.
newbie
Activity: 26
Merit: 0
Maybe I haven't had enough coffee yet, but does this "singular" vision also extend to miners and their mining balance?  I have some residual coins in nicehash.com when I moved my miners over to westhash.com.  Is there a way to merge that?
full member
Activity: 120
Merit: 100
Need more SHA miners to switch over to westhash. Have 2 big orders priced higher than nicehash with only 11TH available to work them at this time.

The price is abysmal, why would anyone mine there as opposed to e.g. Eligius or P2Pool, not to mention rental sites.

74TH on nicehash @ 0.0257 BTC/TH/Day
11TH on westhast @ 0.0269 BTC/TH/Day

Simple math maybe.
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
splitting the site in 2 was the worst idea ever IMO, earnings got a LOT lower ... its a win only for NH not for sellers ...

Yes. If it is combined the hashes would be greater and can buy more hashes. Anybody know why it was splitted? Can you make a short notice and can you combine it? At least make it as a merged pool, so that both the hashes on westhash can be on nicehash too?

Kindly,
      MZ
legendary
Activity: 1974
Merit: 1003
splitting the site in 2 was the worst idea ever IMO, earnings got a LOT lower ... its a win only for NH not for sellers ...
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Need more SHA miners to switch over to westhash. Have 2 big orders priced higher than nicehash with only 11TH available to work them at this time.

The price is abysmal, why would anyone mine there as opposed to e.g. Eligius or P2Pool, not to mention rental sites.
full member
Activity: 120
Merit: 100
Need more SHA miners to switch over to westhash. Have 2 big orders priced higher than nicehash with only 11TH available to work them at this time.
legendary
Activity: 1237
Merit: 1010
Looking much better now with the ntime fix. Also WestHash seems to be more reactive the last couple of days. RJ is down to <5%.

Now please give scrypt profitability a boost again  Tongue
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