put it on top line of your pools
do
p=0.0300
see if that works
sha256asicboost.eu.nicehash.com:3368
your btc addy
p=0.0301
IIRC it will only mine if price is higher the 0.0300 or 0.0301
it skips to next pool if price is cheap.
Topic: Over paying for hash power, why? - page 2. (Read 729 times)
So now the question is:
Do we point our rigs back to where they were and keep an eye on payouts here and switch back?
Or do we leave them here for a few more hours / days and see if bounces back up this way we don't loose any high profit mining?
I am moving them back where they were. Just wondering what everyone else is doing.
-Dave
Do we point our rigs back to where they were and keep an eye on payouts here and switch back?
Or do we leave them here for a few more hours / days and see if bounces back up this way we don't loose any high profit mining?
I am moving them back where they were. Just wondering what everyone else is doing.
-Dave
Yes i have profited to by this up 
only 3 days...
But, how many day have during this crazy payment ?
only 3 days... But, how many day have during this crazy payment ?
this ran 3-5 days tops.
this is the third time I have seen this happen.
If they pay me the funds I will end up a few hundred ahead.
Yes i have profited to by this up only 3 days...
But, how many day have during this crazy payment ?
only 3 days... But, how many day have during this crazy payment ?
overpayment have finished imho
I've made a nice overprofit in the past few days
God bless the payer
I've made a nice overprofit in the past few days
God bless the payer
I am pointing 400th of my 1900 th at them
It is paying at around 2.5x so 400th is paying like 1000
It is as if I boosted from 1900 to 2500th
If they never did the 2017 rip off I would have all 1900th at them.
which would pay like 4750 th. I can't afford the risk that they may take the money and run.
I would get 0.073635 a day vs the 0.02945 I get but pay out would take a while maybe a week. So I only moved 400 vs 1900.
It is paying at around 2.5x so 400th is paying like 1000
It is as if I boosted from 1900 to 2500th
If they never did the 2017 rip off I would have all 1900th at them.
which would pay like 4750 th. I can't afford the risk that they may take the money and run.
I would get 0.073635 a day vs the 0.02945 I get but pay out would take a while maybe a week. So I only moved 400 vs 1900.
So it's not just a nicehash it's both of them.
So that kind of torpedoes the software bug unless it's an app that buys hashpower on both sites.
It's been a while since I used nicehash, but I know MRR you could pay in altcoins. Makes you wonder if this is a way of converting alts into BTC.
If they are pointing to solo pools you would not see a hashrate bump unless they found a few blocks.
It's a stretch but other then that I have no idea.
Stay safe.
-Dave
So that kind of torpedoes the software bug unless it's an app that buys hashpower on both sites.
It's been a while since I used nicehash, but I know MRR you could pay in altcoins. Makes you wonder if this is a way of converting alts into BTC.
If they are pointing to solo pools you would not see a hashrate bump unless they found a few blocks.
It's a stretch but other then that I have no idea.
Stay safe.
-Dave
nicehash has
EU USA sha256 both are 0.0400 and up vs 0.0160 normal
EU USA sha256asicboost both are 0.0400 and up vs 0.0160 normal
mining rig rental
all 0.000046 a th or 0.046 a ph
EU USA sha256 both are 0.0400 and up vs 0.0160 normal
EU USA sha256asicboost both are 0.0400 and up vs 0.0160 normal
mining rig rental
all 0.000046 a th or 0.046 a ph
Code:
https://www.miningrigrentals.com/rigs/sha256
Name
RPI
Hashrate
Price/TH/Day
Min. Rental Hours
Max. Rental Hours
default | available
Whatsminer M3X
97.50 12.30T 0.00004600 3hrs
(0.00007214)
240hrs
(0.00577116)
Rent Now!
F02
100.00 16.50T 0.00004619 24hrs
(0.00077742)
24hrs
(0.00077742)
Rent Now!
F03
100.00 16.50T 0.00004619 24hrs
(0.00077742)
24hrs
(0.00077742)
Rent Now!
F05
100.00 16.50T 0.00004619 24hrs
(0.00077742)
24hrs
(0.00077742)
Rent Now!
BB1
100.00 17.50T 0.00004619 24hrs
(0.00082453)
24hrs
(0.00082453)
Rent Now!
BB2
100.00 17.50T 0.00004619 24hrs
(0.00082453)
24hrs
(0.00082453)
Rent Now!
BB3
100.00 17.50T 0.00004619 24hrs
(0.00082453)
24hrs
(0.00082453)
Rent Now!
F01
100.00 16.50T 0.00004619 24hrs
(0.00077742)
24hrs
(0.00077742)
Rent Now!
Since I can't get to a lot of sites where I am because of the web-filter, how are the other hash rental places paying?
I know in the past miningrigrentals.com was a bit above nicehash but not always.
Stay safe.
-Dave
I know in the past miningrigrentals.com was a bit above nicehash but not always.
Stay safe.
-Dave
Still going on. I got burned by nicehash when the hack happened.
They paid some back but I never gained faith in what they did.
I could have moved 1.9ph and get paid like it is 4 to 6ph.
I moved .3 ph it earned like it was around 1 ph.
so effectively I turned my 1.9 ph into 2.6 ph
I may move more s9s today.
I moved 4 more s9's I am pushing 360th of my 1900 th
they did a payout today so they can't burn me at least some of the extra earnings.
They paid some back but I never gained faith in what they did.
I could have moved 1.9ph and get paid like it is 4 to 6ph.
I moved .3 ph it earned like it was around 1 ph.
so effectively I turned my 1.9 ph into 2.6 ph
I may move more s9s today.
I moved 4 more s9's I am pushing 360th of my 1900 th
they did a payout today so they can't burn me at least some of the extra earnings.
When needs must people do crazy things if they are trading they would need clean coins to move into the exchanges they may have thought it might be a idea to mine coins and pay the premium for the clean fresh coins in return.
I could be wrong but can't think of many other people who would have this type of money to burn up like this and not really care as they already made a mint but need more clean coins to move to the exchanges.
Also there "mixing" efforts failed as some exchanges managed to freeze funds previously I read in a news item.
I could be wrong but can't think of many other people who would have this type of money to burn up like this and not really care as they already made a mint but need more clean coins to move to the exchanges.
Also there "mixing" efforts failed as some exchanges managed to freeze funds previously I read in a news item.
Quite a premium to launder money.
This could also be the plus token scammers cleaning there coins via mining getting fresh coins out and putting the dirty out to nicehash. With nicehash's past with unscrupulous individuals it would not surprise me one bit if this is what's going on.
"...There is a see-saw game with BCH vs BSV both have triggered their emergency difficulty adjustment pattern vs standard time.
If you bounce from one to the other. the diff swings like mad and you get quick and easy blocks..."
https://bitcointalksearch.org/topic/m.54259348
I condensed idea from adaseb see link.
Not sure it needs a quote as I gave it my own interpretation of his explanation. I also recalled it happening a few years ago.
It is paying 2-4x rate that is normal.
If you bounce from one to the other. the diff swings like mad and you get quick and easy blocks..."
https://bitcointalksearch.org/topic/m.54259348
I condensed idea from adaseb see link.
Not sure it needs a quote as I gave it my own interpretation of his explanation. I also recalled it happening a few years ago.
It is paying 2-4x rate that is normal.
Another possibility which doesn't go against any of the above points or I rather call them facts is a software bug, we could easily assume that nicehash is almost entirely controlled by bots, a simple glitch in the software makes the bot do stupid things.
This was more what I was referring to with my stupidity comment. People trust bots to handle a lot of things and if they got complacent or missed a small error they could easily wipe out a lot of value depending on the amount of funds they started with.I still lean heavily on the laundering as being more likely than the bot error. It's possible it could be both.
Hi,
So, is possible 51% war on shitcoin ... i don't know, so i confim the price on is crazi at this time.
So, is possible 51% war on shitcoin ... i don't know, so i confim the price on is crazi at this time.
I can only think of laundering as a reason for overpaying. Whether it be FIAT, or more likely old/tainted coins into new coins either to avoid taxation or muddy the trail.
This is my top 1 most likely scenario, whoever did that was
1- Desperate to get the power, they were way too far from other competitors, they could have paid half what they paid and still got all the hashrate they wanted, but they didn't care
2- Knows enough about mining, their orders were divided between the 4 SHA256 markets ( SHA256 EU, SHA256 USA, SHA256AsicBoost EU, SHA256AsicBoost US)
The second point makes me rule out the possibility of a clueless person playing with a ton of BTC, and the first point rules out any rational or economical benefit where money laundering is not the sole motive.
Another possibility which doesn't go against any of the above points or I rather call them facts is a software bug, we could easily assume that nicehash is almost entirely controlled by bots, a simple glitch in the software makes the bot do stupid things.
Obviously they do not understand the maintenance fees and exactly what they are signing on to.
What maintenance fees are you talking about here? The buyer has no such fees, they pay in BTC they get paid in BTC or any other currency, someone who has a couple hundreds of BTC to play with can't be too ignorant.
I can only think of laundering as a reason for overpaying. Whether it be FIAT, or more likely old/tainted coins into new coins either to avoid taxation or muddy the trail.
Apart from that there is always human error and/or stupidity.
Apart from that there is always human error and/or stupidity.
Obviously they do not understand the maintenance fees and exactly what they are signing on to. Learning about bitcoin is complex. Just like I now know my 2 dragons with a combined hashrate of 32 TH/s is not going to cut it in about 20 days. 
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