Topic: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC! - page 21. (Read 98703 times)
February 03, 2015, 09:33:57 AM
I have been unable to get my S5 to accept Westhash or Nicehash. Am I overlooking something? Anyone else experiencing this?
February 01, 2015, 12:03:18 AM
thats the nice thing about the fixed price 
my 17TH switched over for about 6hrs today, at about ~105% profitability during that period. (p=0.0128)
my 17TH switched over for about 6hrs today, at about ~105% profitability during that period. (p=0.0128)
January 31, 2015, 07:58:22 PM
Rates are way up right now (.021 /THs), get your rigs on Nicehash/Westhash to cash in on the boom!
Up past .025 now, get in while it lasts!
Up past .025 now, get in while it lasts!
Well that was short lived
Rates are rising once again, although not quite as high as yesterday. Still higher than mining BTC at the moment.
Yeah I set my minimum mining price at 0.0130. Still pretty decent. Bummer it'll be gone once this random UNB pump is over.
January 31, 2015, 02:05:37 PM
Rates are way up right now (.021 /THs), get your rigs on Nicehash/Westhash to cash in on the boom!
Up past .025 now, get in while it lasts!
Up past .025 now, get in while it lasts!
Well that was short lived
Rates are rising once again, although not quite as high as yesterday. Still higher than mining BTC at the moment.
January 30, 2015, 06:55:06 PM
Hey thanks! That's really helpful. Love your SP20 interface.
Since most pools uses some form of PPLNS, it hurts to jump back to Westhash/Nicehash when it's a "little higher" than normal. For that reason I have mine set quite a bit higher: 0.03
M
yes your second choice under nicehash/westhash
needs to be a non-pplns pool such as
https://mining.bitcoinaffiliatenetwork.com
https://www.f2pool.com
http://solo.ckpool.org
if you have
https://www.btcguild.com/
https://bitminter.com/
the switching will be harmful.
As I have explained a few times, the PPLNS at my pool pays out the shares over the 5N diff after they are submitted.
It simply means that your shares get paid out over time ...
The 5N also reduces the luck variance.
you are correct as long as the rates at nice/west hash don't stay really high and your pool does not do back to 500% blocks.
If I set westhash at 0.015 at first choice with your pool as second choice.
Lets say for 5 hours rates are under 0.015 and I earn 1 % of your pool during that time 50th of hash would do that.. Then westhash rates jump to 0.016 switches me off your pool keeps me off you pool for days. you pool does back to back 500% blocks I would lose all the shares due to dilution .
Very unlikely but possible.
So rather the confuse the question asked I put pools that can never happen to.
My own choice is to use your pool 2nd and f2pool third. Since I don't think back to back 500% blocks and really high rates on westhash will happen . (I figure 10000 to 1 or more ) but on the net If I tell some one to use your pool under westhash I need the longer explaination. If someone reads this post along with your quote I think they would be fully informed.
Took me a while to fully understand this angle to your pool another reason I use it along with westhash.
If the pool averages better than 5 blocks in the following 500% you'll do better.
But the point is that is all random probability.
The expected average result over time is to get 99.1% (due to the 0.9% fee)
Each share itself will depend on the 500% after it is submitted, which of course can go both ways: pay better or worse than expected, but again, should average as expected.
Also note that over the past week we have averaged below expected, but over the previous 4 months have averaged above expected.
All of that is random luck, but that's just the way it has been, the results are random, but the expected result over time is the average.
(The last 42 blocks have been only just better than 100%)
January 30, 2015, 06:41:22 PM
Hey thanks! That's really helpful. Love your SP20 interface.
Since most pools uses some form of PPLNS, it hurts to jump back to Westhash/Nicehash when it's a "little higher" than normal. For that reason I have mine set quite a bit higher: 0.03
M
yes your second choice under nicehash/westhash
needs to be a non-pplns pool such as
https://mining.bitcoinaffiliatenetwork.com
https://www.f2pool.com
http://solo.ckpool.org
if you have
https://www.btcguild.com/
https://bitminter.com/
the switching will be harmful.
As I have explained a few times, the PPLNS at my pool pays out the shares over the 5N diff after they are submitted.
It simply means that your shares get paid out over time ...
The 5N also reduces the luck variance.
you are correct as long as the rates at nice/west hash don't stay really high and your pool does not do back to back 500% blocks.
If I set westhash at 0.015 at first choice with your pool as second choice.
Lets say for 5 hours rates are under 0.015 and I earn 1 % of your pool during that time 50th of hash would do that.. Then westhash rates jump to 0.016 switches me off your pool keeps me off your pool for days. you pool does back to back 500% blocks I would lose all the shares due to dilution .
Very unlikely but possible.
So rather then confuse the question asked, I put pools that can never happen to.
My own choice is to use your pool 2nd and f2pool third. Since I don't think back to back 500% blocks and really high rates on westhash will happen . (I figure 10000 to 1 or more ) but on the net If I tell some one to use your pool under westhash I need the longer explaination. If someone reads this post along with your quote I think they would be fully informed.
Took me a while to fully understand this angle to your pool another reason I use it along with westhash.
January 30, 2015, 03:52:02 PM
Rates are way up right now (.021 /THs), get your rigs on Nicehash/Westhash to cash in on the boom!
Up past .025 now, get in while it lasts!
Up past .025 now, get in while it lasts!
Well that was short lived
January 30, 2015, 02:24:09 PM
Hey thanks! That's really helpful. Love your SP20 interface.
Since most pools uses some form of PPLNS, it hurts to jump back to Westhash/Nicehash when it's a "little higher" than normal. For that reason I have mine set quite a bit higher: 0.03
M
yes your second choice under nicehash/westhash
needs to be a non-pplns pool such as
https://mining.bitcoinaffiliatenetwork.com
https://www.f2pool.com
http://solo.ckpool.org
if you have
https://www.btcguild.com/
https://bitminter.com/
the switching will be harmful.
As I have explained a few times, the PPLNS at my pool pays out the shares over the 5N diff after they are submitted.
It simply means that your shares get paid out over time ...
The 5N also reduces the luck variance.
January 30, 2015, 01:12:21 PM
Rates are way up right now (.021 /THs), get your rigs on Nicehash/Westhash to cash in on the boom!
Up past .025 now, get in while it lasts!
Up past .025 now, get in while it lasts!
January 11, 2015, 05:19:49 AM
Hey thanks! That's really helpful. Love your SP20 interface.
Since most pools uses some form of PPLNS, it hurts to jump back to Westhash/Nicehash when it's a "little higher" than normal. For that reason I have mine set quite a bit higher: 0.03
M
yes your second choice under nicehash/westhash
needs to be a non-pplns pool such as
https://mining.bitcoinaffiliatenetwork.com
https://www.f2pool.com
http://solo.ckpool.org
if you have
https://www.btcguild.com/
https://bitminter.com/
the switching will be harmful.
Or even worst at Slush's Pool as old shares are discarded and you could end up with no payment at all.
January 10, 2015, 12:37:02 PM
Hey thanks! That's really helpful. Love your SP20 interface.
Since most pools uses some form of PPLNS, it hurts to jump back to Westhash/Nicehash when it's a "little higher" than normal. For that reason I have mine set quite a bit higher: 0.03
M
yes your second choice under nicehash/westhash
needs to be a non-pplns pool such as
https://mining.bitcoinaffiliatenetwork.com
https://www.f2pool.com
http://solo.ckpool.org
if you have
https://www.btcguild.com/
https://bitminter.com/
the switching will be harmful.
January 09, 2015, 06:48:17 PM
Hey thanks! That's really helpful. Love your SP20 interface.
Since most pools uses some form of PPLNS, it hurts to jump back to Westhash/Nicehash when it's a "little higher" than normal. For that reason I have mine set quite a bit higher: 0.03
M
January 09, 2015, 10:42:30 AM
Hey thanks! That's really helpful. Love your SP20 interface.
January 09, 2015, 10:31:20 AM
I don't know... I am making around 0.02370 BTC daily with 2.1 TH but it's only been around 3 days. I have nothing to compare it to since I am new to mining.
That's low. 2.1 TH/s should average out to about 0.027 BTC daily.
I suggest checking the main page of west hash and look at the percentage for BTC to see if it's worth mining there. Right now it's at 0%, which I think means you'll do better at a conventional pool. Also, you can configure your workers to only kick in when the payout makes it worth while.
M
this is correct. I rent for nicehash and westhash . They are great when a lot of people are renting to mine a hot coin. Give me a minute to show how to set your miner's pools up to allow for westhash or nicehash to mine only when the price is a bit better.
note westhash is for the western hemisphere
nicehash is for the rest of the world
my pools page on my sp20 I set my rental price at 0.0141 that is about 0.0023 over the normal price of 0.0118 per th
this overspread may allow for 10 to 30 hours a week at the higher prices.
the pool it is mining at now is paying me about .0119 .
where my sp20 is mining right now it skipped over nicehash. I set my rental price too high
January 08, 2015, 07:33:09 PM
I don't know... I am making around 0.02370 BTC daily with 2.1 TH but it's only been around 3 days. I have nothing to compare it to since I am new to mining.
That's low. 2.1 TH/s should average out to about 0.027 BTC daily.
I suggest checking the main page of west hash and look at the percentage for BTC to see if it's worth mining there. Right now it's at 0%, which I think means you'll do better at a conventional pool. Also, you can configure your workers to only kick in when the payout makes it worth while.
M
January 08, 2015, 06:42:54 PM
I think the thread title needs an update
January 08, 2015, 06:36:00 PM
I don't know... I am making around 0.02370 BTC daily with 2.1 TH but it's only been around 3 days. I have nothing to compare it to since I am new to mining.
January 08, 2015, 06:32:57 PM
Is it worth running on nicehash/westhash still, or should I not bother and just go with normal pool mining?
January 08, 2015, 02:30:18 PM
From the 4 days I have been pointed to westhash, I have only been paid once a day... Is it different if I point to nicehash?
Please, take a look at this FAQ: https://www.nicehash.com/index.jsp?p=faq#faqs5
January 08, 2015, 01:27:05 PM
From the 4 days I have been pointed to westhash, I have only been paid once a day... Is it different if I point to nicehash?
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