Pointing the entire farm to Nicehash ZEC for a week of bliss.....
I am speechless what people pay to rent equihash....
I wish I have a massive 1080Ti farm....
Do they pay higher than mine direclty?
I have mined directly via major ZEC pools in the past and selling hash at Nicehash more often now...
Yes mining directly at major ZEC pools gives you at least 10-15% higher in converted coin value vs renting out GPU hash at Nicehash's Equihash marketplace...
BUT1. ZEC pools have become so unreliable and slow in payments and confirmation - name me one good ZEC pool that doesnt struggle on getting and confirming blocks esp during network lags etc.
2. If you mine to exchange.... thats another layer of fees and other issues....
3. Nicehash gives me BTC upfront.... you sell they buy and pay BTC... their admin fees are a tad high though...
4. BTC value now is super good and eventually if you mine ETH, ZEC or XMR --- at some point you would convert to BTC or hard cash
5. No coin confirmation etc in Nicehash -- its a seller - buyer market place - so there is no waiting game
6. Sometimes, if not more often now.... buyers pay premium to rent from sellers, every day I see several spikes in rental profitability
7. While ZEC the coin is promising... its also a heavily sold coin.... just look back what happened end of last year after ZEC went POW
8. I foresee continued consistent selling behavior for this coin -- miners cashing out on ZEC will not help sustain this $200 plus dollars level so while all this good run of ZEC is good for the coin, I suspect its short term -- I hope I am wrong.... but meanwhile I will not complain and collect more BTCs from my GPU farms
@VyprBTCPoint your miner to this pool; stratum+tcp://equihash.usa.nicehash.com:3357
Do some reading on how to get started at:
https://www.nicehash.com/index.jsp?p=gstarted