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Topic: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC! - page 5. (Read 98715 times)

legendary
Activity: 1736
Merit: 1006
why is it on the ethereum sometimes my immature flatlines and it doesnt look like i made any coins for hours.. my hash rate is what it always is, and most of the day the coins go up at a nice and predictable rate..

legendary
Activity: 1736
Merit: 1006
you may want to update who you allow to sell their hash power to your site.

if i place an order for 5th i dont expect to see 12 miners be assigned to my order especially if i want to point that order to a solo pool.

and assigning more hash power to my order then i want doesn't fly either. i put a cap on how much i want for a reason and expect that cap to be respected not completely ignored and have double/triple the amount of hash assigned to my order just to burn through my btc faster.

1 it doesnt matter if you have 12 or 1200 as long as you get what you paid for its exactly the same.
2 why should it matter if they give you extra free of charge? hello bonus Smiley


member
Activity: 84
Merit: 10
site does not open error gives me what should I do I would appreciate your help  Huh
sr. member
Activity: 266
Merit: 250
you may want to update who you allow to sell their hash power to your site.

if i place an order for 5th i dont expect to see 12 miners be assigned to my order especially if i want to point that order to a solo pool.

and assigning more hash power to my order then i want doesn't fly either. i put a cap on how much i want for a reason and expect that cap to be respected not completely ignored and have double/triple the amount of hash assigned to my order just to burn through my btc faster.
legendary
Activity: 1736
Merit: 1006
how i get this number is go here..
https://bitcoinwisdom.com/litecoin/difficulty
put 1ghs in.. take 18.97 LTC a day and convert that into btc from exchange rate..

The calculator on bitcoinwisdom.com is totally off, because they forgot to switch from 50 LTC to 25 LTC reward per block. Someone should want them about this.

This http://www.coinwarz.com/calculators/litecoin-mining-calculator or this https://www.litecoinpool.org/calc calculator will give you real actual numbers. And with these real numbers you'll get the +92% NiceHash profitability (as of time of your writing, it's  a bit lower currently, but still way above direct Litecoin profitability).

So, yeah, mining Scrypt on NiceHash is very profitable.

Best regards,
NiceHash team.
thanks. wasnt sure
legendary
Activity: 885
Merit: 1006
NiceHash.com
how i get this number is go here..
https://bitcoinwisdom.com/litecoin/difficulty
put 1ghs in.. take 18.97 LTC a day and convert that into btc from exchange rate..

The calculator on bitcoinwisdom.com is totally off, because they forgot to switch from 50 LTC to 25 LTC reward per block. Someone should want them about this.

This http://www.coinwarz.com/calculators/litecoin-mining-calculator or this https://www.litecoinpool.org/calc calculator will give you real actual numbers. And with these real numbers you'll get the +92% NiceHash profitability (as of time of your writing, it's  a bit lower currently, but still way above direct Litecoin profitability).

So, yeah, mining Scrypt on NiceHash is very profitable.

Best regards,
NiceHash team.
legendary
Activity: 1736
Merit: 1006
can you guys explain something to me.. maybe im not getting the math right, but..

Scrypt   3333   0.1429 *  92%

it says its paying 92% more then 1/gh/day on scrypt.. but..
my calculations.. 1/gh/day on scrypt is 0.1481.. meaning you are actually down like 3%

how i get this number is go here..
https://bitcoinwisdom.com/litecoin/difficulty
put 1ghs in.. take 18.97 LTC a day and convert that into btc from exchange rate..



so why is your front page saying its green up 92% above what you would get out of mining scrypt coins directly??
legendary
Activity: 885
Merit: 1006
NiceHash.com
Wow, that makes it seem even more dodgy to try to deflect attention away from the fact that your cut of the rental is 6% ...

Eh, kano, whatever makes you happy Wink ... Everything is completely public https://www.nicehash.com/index.jsp?p=faq#faqg2 without any deflect attention ... miners are charged 3% and buyers are charged 3% ... just the same as on the exchanges or other added-value services were buyers are charged X% and sellers are charged Y%.

Anyway, to get back to topic: the high profit rates are still ongoing, keep on mining Wink


Best regards,
NiceHash team.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Well when you charge 6% on the rental income and claim short term profits that, really, people should expect to be long term losses vs normal pool mining, due to the high fees, it seems rather dodgy.

Miners fee is 3%, and we are paying PPS. Miners knows damn well why it is profitable to stay with NiceHash. Please keep your consultancy on profitability in your own thread, thanks.

Best regards,
NiceHash team.
Wow, that makes it seem even more dodgy to try to deflect attention away from the fact that your cut of the rental is 6% ...
legendary
Activity: 885
Merit: 1006
NiceHash.com
Well when you charge 6% on the rental income and claim short term profits that, really, people should expect to be long term losses vs normal pool mining, due to the high fees, it seems rather dodgy.

Miners fee is 3%, and we are paying PPS. Miners knows damn well why it is profitable to stay with NiceHash. Please keep your consultancy on profitability in your own thread, thanks.

Best regards,
NiceHash team.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Well when you charge 6% on the rental income and claim short term profits that, really, people should expect to be long term losses vs normal pool mining, due to the high fees, it seems rather dodgy.
legendary
Activity: 885
Merit: 1006
NiceHash.com
Yes sounds like a good idea, push the prices up and make sure YOU get more profits.
Hopefully most miners aren't stupid enough to listen to that.

kano, many miners are looking to get best profits with their gear, not sure why are you calling them stupid. Yes, we are here to make profits and provide a nice added-value service for miners and other crypto currencies users. You're also running your pool for profit. Let's keep it this way - we are never interfering with the way your are running your pool, so please also allow us to run our service as well - without negativism and unnecessary judging us and/or miners being stupid or whatever. Thanks.

Best regards,
NiceHash team.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Yes sounds like a good idea, push the prices up and make sure YOU get more profits.
Hopefully most miners aren't stupid enough to listen to that.
legendary
Activity: 885
Merit: 1006
NiceHash.com
Take a look at this excellent profitability on Scrypt and SHA256 algorithms!

Join the ride!

newbie
Activity: 1
Merit: 0
We need more hashing power!
your site is not letting me place an order.  All I get is please wait after I enter the order.
legendary
Activity: 885
Merit: 1006
NiceHash.com
I want to set one miner to mine on nicehash but send the payment to an auto convert, anyone know an easy way to do this or should I just shapeshift the funds weekly?

We'are actually working on a solution for this with ShapeShift. But we need them to upgrade their API so that we can do many-to-many transactions - this way we'll be able to make payouts in a range of currencies. If you want to speed up this implementation contact them (https://shapeshift.zendesk.com/hc/en-us/requests/new) and express your support for "Extended API support for multiple receiving addresses" feature request. Thanks!

Best regards,
NiceHash team.
sr. member
Activity: 316
Merit: 250
I am not sure if this is the right NiceHash area to post this to...but....

I do both buying and selling on nicehash....but in this case for discussion today...

I am a buyer......

Over the last two weeks I have seen a lower than normal positive result in my "profits" with mining.

I typically deposit .40 BTC....at 40Th...and generally get .42 - .44 back about 24 hours later.  ....been working fine like that for months.

The last two deposits I got .37 back and then on the next go around I got .316.   Obviously not what I want to see.

I have been using antpool as the pool.

I am looking for real thoughts not just responses like "well thats Antpool for you."

Thank you in advance.

as the difficulty goes up the profits will go down..

40TH right now should yield 0.3231 btc a day.. this is at 100% luck tho.. something you probably wont get.. so expect less..


ah yes....the dreaded difficulty, strikes again. 

What I was seeing at 40 Th at .40 BTC was 1 day 9 hours [or so]. 

I am guessing what I had was a new difficulty level and a couple of days of just plain "bad" luck.  Sad
legendary
Activity: 1736
Merit: 1006
I am not sure if this is the right NiceHash area to post this to...but....

I do both buying and selling on nicehash....but in this case for discussion today...

I am a buyer......

Over the last two weeks I have seen a lower than normal positive result in my "profits" with mining.

I typically deposit .40 BTC....at 40Th...and generally get .42 - .44 back about 24 hours later.  ....been working fine like that for months.

The last two deposits I got .37 back and then on the next go around I got .316.   Obviously not what I want to see.

I have been using antpool as the pool.

I am looking for real thoughts not just responses like "well thats Antpool for you."

Thank you in advance.

as the difficulty goes up the profits will go down..

40TH right now should yield 0.3231 btc a day.. this is at 100% luck tho.. something you probably wont get.. so expect less..
sr. member
Activity: 316
Merit: 250
I am not sure if this is the right NiceHash area to post this to...but....

I do both buying and selling on nicehash....but in this case for discussion today...

I am a buyer......

Over the last two weeks I have seen a lower than normal positive result in my "profits" with mining.

I typically deposit .40 BTC....at 40Th...and generally get .42 - .44 back about 24 hours later.  ....been working fine like that for months.

The last two deposits I got .37 back and then on the next go around I got .316.   Obviously not what I want to see.

I have been using antpool as the pool.

I am looking for real thoughts not just responses like "well thats Antpool for you."

Thank you in advance.
newbie
Activity: 29
Merit: 0
I am on the NiceHash dashboard and the "total unpaid balance" does not match the "Unpaid balance" I have not been paid and just started with 0.00050009 BTC and the "unpaid balance says: 0.00039624 why do they not match?
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