Nicehash ruined this coin, can't mine a sensible amount for a new coin at all.
Nisehash ruins almost every coin, regardless of algo
Apperently this is true, I have been running a test mining for Cerberus with 6x 1070 with 1050 kh/s on average (80% power: +30 core + 300 memory). I get between 0.000479 CBS and 0.001100 CBS per found block (payout of 6 CBS per block). Over the last 12 hours this sums up to 0,50568 CBS in total (0.08428 per card).
So when I compare that to my GOA or CRC mining rewards, which are basically the same coins (with a higher supply though and higher reward per found block (10 compared to CBS 6) the price of one CBS must be at around 0.00280000 BTC to make it as profitable as the two aforementioned coins.
When I take into consideration that frequently there are no blocks found for more than an hour (as of just now)... Things could be more positive.
Not spreading FUD of course the project can obviously also turn into a very succesful one and I wish it to the Dev, but I struggle to see the incentive to continue mining for a small miner as I am. I haven´t taken transfer fees and potential exchange fees into consideration yet.
This happens all the time, people overusing NiceHash - and where one has a big gain, the other loses (by others in this case I mean regular miners). This is how the world works unfortunatelly.
We will have to endure this state up to a point, where value will be established on such a level, that NH users would have to spend a fortune to have huge impact on the network.
Italian translation reserved
Italian translation is done already, topic updated. Thank you for the offer though.
For now, the translation bounties end.
