Topic: Why are the prices 10x? (Read 2477 times)

Good I am glad you were paid and it worked out.

If you were to lock your sellers into the orders I would hash there more often Nicehash...  The fact that If I did go and rent on another site and then have the order vanish has happened to me.  Make the orders have to stay or go up in price.  But being able to outright cancel them is not nice.

Rentals are cooling off it seems and the Nicehash/westhash are back down to 3x levels.  Now lets see what happens this weekend.

Fahlcor

To me it looks more and more like a questionable affair.

First of all, if you did not get paid yet and you switched the pool from "nice' to "west" for example, everything that you had on "nice" disappears into the thin air.
It happened to me. I had 0.04 BTC in am after pointing SP20 overnight, changed pools to "west" and now just 0.007BTC. Where had it gone?
Yes, i understand that people who have enough power (5-10Th) will probably get paid once in 6-24hr.
I have been on this for ~16-17hr already (the only thing I did was switching nice to west back to nice) and according to their statistics, I earned a paltry 0.0077+0.0016 BTC=0.0093 BTC or 0.01395 24hr rate, which is ALMOST the same as regular rate. Case closed. I will wait until 24 hr has passed, then disconnect if no more payout will be forthcoming.

If you don't pay those who were impatient and switched pools before the payout, you should be able to afford to pay a few people with large hashing power-this is the catch, in my opinion.

EDIT: I was wrong and instead or deleting the post decided to cross it over as mistaken.
Got payment at amounts expected. Apparently the fault is with data presentation, NOT payout.
BTC disappeared from the work completed page, but WERE paid within 24hr.
sorry for confusion and premature conclusions.

Is hot enough for me!

4th getting .28btc for 24h, mining directly btc will result in only .05btc

at least 5 times! nice

I check on it every few hours been hanging at the 250%- 300% level for more then the last 7 hours.

Looks like the gold rush is winding down. Westhash is at 269% of BTC earnings. Still a nice increase but nowhere near the 500-800% just yesterday.

It has dropped but may still heat up again.

profitability is going down
on nicehash only 355% left from 1000% some days ago

my payouts since the rush started I had from 4 to 8th at all times

Payments*
Date UTC   -------------------------TXID   ---------------------------------------------------------------------Amount BTC-------Fees BTC
2014-12-17 11:06:32   024d9a26d8a317402a3520b72b9789216ffcd2db1fc61803a83557f0af97dafe   0.14793396   0.00301906
2014-12-17 05:06:05   dea2a342f40009c8eb005f6bde89f8a0cf25ca63fb7e890466c3b0c2e60bff9c   0.19274783   0.00393363
2014-12-16 23:06:03   f50068f8c6742a8cbd49fd57e984d441f13a1fd2b128ee4a48aca77d85f1b22f   0.18602070   0.00379634
2014-12-16 17:05:34   f355904b0eff5c660929c782d615773890d36f8287aa4dd43e9b7a14e2c83ca7   0.13975516   0.00285215
2014-12-16 11:02:01   4259cd17117c0ac1731ab916888ad76ac47821ba67f06b4b048aef97bc575556   0.15556481   0.00317479
2014-12-16 05:01:41   0f9b2db2f5c7071d3b29764b1095efe7ae166125b528b82c752a433aaff3af8b   0.12590428   0.00256948
2014-12-15 23:01:33   20bdb5805dad5b31aeb68cffa1b6fc9e9b3eba50f53953eb5d1b7611cc678889   0.12442799   0.00253935
2014-12-15 17:01:17   065d64dfb9240465a2efbc58b38ae21a8d322a003337249ba14721824fa77c02   0.09722139   0.00198411
2014-12-15 11:01:15   235ad7b5400bada2f2f189002a5cebbb66d699a3abb8d8ad15e2402c1de341a8   0.18954903   0.00386835
2014-12-15 05:00:59   7b083ddbf177480705b17b09bf45e9a817ef53c3e2c1298c506acf2aa46feee5   0.20880650   0.00426136
2014-12-14 23:00:36   2b66de7564f453da7a0db699a63e6ae3a6864b75c51ec10d33734cbe717c3ca7   0.19826604   0.00404625
2014-12-14 17:00:36   b78e605c716c626237dfb762b1c43fdd581a23fb726b6c349538e8ff82160803   0.17147461   0.00349948
2014-12-14 11:00:29   4b004666ae6b01cb243d03f68f24bb3655eac30978f8fd8d1a429acc5c737058   0.10468139   0.00213635

i should have minimal 8.5th
and i dont like the way betarigs pays at 24 or more hours

that is the fastest.  remember you are renting your rig to them.

I am pointing 8th at them and I am getting .16 to .20 every 6 hours.

If you have less then me you may get skipped and paid every 12 hours.  Of course these numbers are crazy high due to the paycoin 'rush'  once the price goes back to normal  the payout may slow down.

The worst is every 24 hours.

That fast?

every 6 hours or so.  they payout.  I like this a lot.

I was using your nicehash for a few hours, thought I'd get a few paycoins for myself just as a precaution.

Very efficient payout on nicehash I just say.

PayCoin mining is a bit of a gamble since PayCoin network hashrate and block findings fluctuates a lot (it is a game for those who want to risk a bit) ... your safest bet would be to use our multipool and get a stable income with pure PPS system.

https://www.nicehash.com/index.jsp?p=stats (SHA256 tab)

https://www.nicehash.com/index.jsp?p=gstarted#seller

NiceHash.com

Coinwarz was going mad, 16th now is saying 1.2 btc daily.

I've mined 17 in about 6-7 hours with 16th.

I rented 16th out for about 4/5 hours and got 0.24.

Those 17 are worth about 0.4 btc at the mo.

As long as the price doesn't do what Bitcoin is doing, mining them might be a good idea!

It all depends what happens with the coin after the weekend.

right now the coins are not worth much.  I'm guessing everyone is just pre-mining them and hoping for the $20 payout to start.

I guess if that is the worst case it is still a good option.  Worst case you rent and take the 5x profit and know you are safe and have coins you can use.  Best case they hit $10k and you get non. ;-)

I'm really hoping that they don't hurt the price of BTC.

Fahlcor

with what? usb miner? 20 sp35?

according to coinwarz its much better to mine than rent!! 3btc in 24hrs its saying?!! can only hope...