I have mine on MPH mining DGB quibit and auto exchange to ETH. MaYbe I should switch to BTC for the auto exchange.
I tried and compared all the pools for the Baikals... nothing beats the returns on NH, ie. sell X11 hash.
Every day the spikes on X11 rental payrate are in several hundred %.
There are many rentors out there that pays crazy BTC to rent X11 hash power.
This is probably one of the biggest noob questions and I should probably go check it out myself instead of asking..
... but how does Nicehash work?
Nicehash is NOT a pool.... its a hash supply and demand marketplace
It basically gets your hash and rent them to people who want to rent hash to mine their coins.... you get rewarded by getting BTC upfront without all the coin confrmation bs if you are to mine directly into a pool
In whattomine.com..... sometimes selling hash to Nicehash gets you better rewards than mining into the traditional pools. With BTC so high now, renting your rigs in exchange for BTCs is really no brainer.
QuintLeo has explained it quite well actually.....
if you need even more simple explanation..... see this https://youtu.be/y_UmdBMGHxA
Thank you for the explanation. I may try them first to get my feet wet before I go back into pools.
3 years out of the game and I seem to have forgotten everything