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Topic: How can pools like Nicehash/bitcoinaffiliatenetwork pay more than mining rate? - page 2. (Read 4486 times)

hero member
Activity: 562
Merit: 506
We're going to need a bigger heatsink.
I've been mining on NH for a few months now, and I've been receiving more BTC than I would be mining on a regular pool (I swear, I'm not a shill for NH).

I get how its a free market for hashrate, but I have no idea why people are willing to pay more money for a 24h contract than will be mined in that 24h... There's no money to be made with it, as far as I can see.

Does anyone know why people overpay? They can't all be noobs throwing money around, after all.
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