Author

Topic: Where to sell nicehash mining power? (Read 1009 times)

hero member
Activity: 700
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
March 19, 2017, 03:06:12 PM
#3
While I mine my self, I want to try buying from nicehash and sell that to other places.
No this will not be profitable and may be even not be possible.

Miningrigrentals and nicehash are the only marketplace to buy/sell mining power and miningrigrentals doesn't provide any api to automate the process of buying/selling. Nicehash has api here https://www.nicehash.com/?p=api you can play with it but i haven't tried it personally.
legendary
Activity: 2772
Merit: 3282
March 19, 2017, 12:22:23 PM
#2
MiningRigRentals is the only other selling/buying other's hash power service, but you probably won't be profitable as people selling on NiceHash already sell it at an higher amount than 100% PPS for their hashrate. Why do you want a pool that uses multiple coins, but auto exchanges? Seems kinda pointless and you are paying extra fees for that, so it would be better to use a bitcoin only pool.

How can you see if it is no longer profitable? If you aren't mining PPS, than the 'luck' of the pool would cause you to be profitable/not profitable.
hero member
Activity: 960
Merit: 514
March 19, 2017, 11:38:24 AM
#1
While I mine my self, I want to try buying from nicehash and sell that to other places.

To what other places I can sell?

I need pool that

Handles multiple coins

Auto exchange is nice because I don't have too many wallets.

Low fee. Margin may be low already.

That's it.

Where can I see nicehash api? I want to automate turning off order if price is no longer profitable. The nicehash both that I downloaded will automatically empty your whole nicehash account. So if price is no longer profitable and you put 10 BTC there, you will just throw money away.
Jump to: