- create an account
- create a rig
- create a miner for each algorithm
- play the guessing game for each algo price, at risk of leaving my rig idle. That's a lot of micro-management
Now compare that to Nicehash where I don't even have to create an account. I just query the public API, calculate profitability for each algo according to my hashrate and power consumption (thanks MinerControl) and simply point my miner at the best port to get paid in BTC. Simple. Let's me focus my limited time on optimizing my rigs.
And I couldn't use the mining pools either since there isn't a single Quark pool, which is - by far - the most profitable algo for Nvidia cards.
So, not usable for me right now, but I'm sure you are working on it and it could become great in the future.
Great points let me take it to the development team.
Why not be able to direct your rig for rent, and when it is idle have a backup pool (or preferably two) that it can direct to?
I could, but I'd have to do it for each algo, and keep track of the prices I entered manually (no API), because if Nicehash starts paying more, I want my miners to switch there.
That would need some coding work. And the first step would be for them to publish current prices per algo through an API. That would allow my miners to decide IF they wants to mine there.
My point being, it can be done but it is way more complicated than needed.
Good to know, I was not aware that it would be that complicated. Thanks