Topic: NEOSCRYPT - NiceHash vs other pools??? (Read 245 times)

try hashking multipool miner

https://bitbucket.org/hashkings/releases/downloads/

alpha version has custom pools
autoswitching algo that you can get paid in BTC directly or other alt currencies.

I hate nice hash. They ruin everything, it's like they are becoming bitmain 2.0
There are plenty of pools with 0% fees, you can check the pools section. It is way more profitable on pools if you keep switching to profitable coins once in a while.
Right now i am using busypool.com for neoscrypt with no fees at all.

We started a new mining pool where neoscript is available, If you would like to try it is https://yapool.net/en/usd/

The pool will have no fee until we reach 1000 miners.

If you try it, it would be nice to have feedback

NiceHash offers more consistent, but usually lower payouts, for any algorithm than other pools because NiceHash really isn't a pool. It is a marketplace where buyers rent your hash rate and direct it where ever they like.  You get paid a set amount and the buyers get paid out from whichever pool they chose.  Since all pool mining involves a some luck regarding the number of coins that are found, the buyer assumes all risk that the actual earnings will be below the pool estimates, but also gets all the reward if the pool pays out higher than their estimates.

Since NiceHash is a marketplace, its prices are limited to what buyers are willing to pay for each algorithm.  Often buyers are willing to pay less than what you would get if you were to mine directly because they want to maximize their profit.  Also, buyers may not be that interested in a particular algorithm like Neoscrypt when other coins based on other algorithms are more popular, further reducing your potential earnings.

Your unpaid balance on NiceHash will accumulate faster than unpaid balances on other pools because NiceHash doesn't have to wait for coins to mature and then be exchanged in order to pay you for your hash rate. However, others pools typically have lower transaction costs and minimum payout balances than NiceHash.

My personal experience is that some other pools give consistently higher earnings than NiceHash, but you really need to do some research and pick a solid pool that at least tries to provide accurate price estimates.

That is not totally true about of raising the threshold to external wallets. Sure you can see NEXT PAYMENT UNKNOWN but they are paying from Thursday to Sunday every one of these days balances which have accumulated 0.01 BTC or more. That is the same as before. Sure they raised it a few days when they made 0.10 BTC min payout but that was removed soon after as many users were fleeing to other Automatic miners like Winminer.

Regarding the stolen funds on 31 January they will say what will happen with them.

I am not saying they will not get hacked again, but chances are if they do, that is end of nicehash forever and I doubt they want to shut down their business. It will be their own loss if they happen to be hacked again, as for users will find other ways to mine with their equipment.

I am continuing with them and am happy with their performance. Made with 3 motherboards with 6 cards about 0.12 BTC this month.

Neoscrypt is only good for Nvidia cards though.

I recommend you to be careful with nicehash. After the break they have not returned yet stolen coins. Where is the guarantee that they will not crack again? They increased the payout threshold to external wallets. This compulsion to accumulate funds in their wallet. Especially if you have a little power. Payment for the transfer of your funds is 5%. Is that enough? I think that working on the pool more profitable.

no1?

Hi Everyone,

Is there any advantages to using any other pool besides nicehash for mining NeoScrypt with Awesome Miner?

I guess the differences are ---
Fees...
Pay-out currency...
pay-out timing....



Low fees with NiceHash, pays out in BTC (can be good or bad - I want to hear your arguments) & pays out daily.  I don't see any downsides, but I want to make sure I am not missing something. (Still new to this)