i got some btc from a friend and i wanted to buy a bit hashing power on nicehash.
I want to mine in the antpool but i cant really find out how it works.
I have the Ips (there are 3 of them) and they put in in the example "antminer.1" but how do they pay me?
I have edited my account on the antpool with my btc adress but i cant add a worker only a "group".
Is it only possible to mine there with an antminer?
My antminer s3 is defect :/
Why would you want to rent hashrate at Nicehash at a premium, to then mine it on Antpool by paying a second premium, to mine some BTC back at a loss?
Like you could put in 1BTC and you might get 0.85BTC back. Whats the point?
Actually look at nicehash they have ran under price of BTC for quite a while. They are no where as good as once was on profit. It currently paying -5 percent of BTC mining... so why anyone mines there I don't know.
But that with fee's there and pool fees in most cases you still lose money. Most that do it and gain are the ones who solo mine and are lucky. And some lose big with being unlucky.
Because it goes from -2% to -5% which is cheaper than PPS and is effectively PPS. But Nicehash also take 2% on in and 2% on out. Then Antpool has "no fee" but keep all the TX fee = it has fees.
So even at 100% luck you would lose out.
Antpool is 2.5 PPS fee so it's cheaper then the -5. So I don't think it is really a good way if wanting consent payment. You should use a true PPS pool.
Also read about firmware not all firmware works with them as great as they require a patch. It's pretty big in FAQ there. But I would avoid unless they start paying above again.
Great for renters, not great for miners there.