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Topic: Why nicehash reward dropped so much? - page 2. (Read 297 times)

legendary
Activity: 1610
Merit: 1026
September 13, 2023, 10:09:31 AM
#5
Check your profit with the calculator on your algorithms
https://hashrate.no/gpus
If you see a big difference, then it is better to mine the original coins, and then sell them to exchange for others. The price of many coins for mining falls and the profit accordingly also decreases.
jr. member
Activity: 41
Merit: 2
September 13, 2023, 04:35:10 AM
#4
I meant, as all cons price dropped, not the one that are mined on nicehash.

If (let's say) price of RVN coin on Kawpow algo drops 5% in 24 hours, and  price of Bitcoin drops too, the same, 5% in 24 hours, reward (not coin price) must be the same, keeping the raport of 5% drop?

Or if RVN coin price, rises by 50%, also reward must rise with around 50%, if Bitcoin price stays unmodified?
newbie
Activity: 3
Merit: 0
September 13, 2023, 02:05:34 AM
#3
crypto rewards are based on a lot of different factors, but the main ones are the price of the cryptocurrency, the difficulty of mining, and the overall supply and demand. Nicehash rewards can fluctuate based on all of these things, and there's no way to predict exactly what the rewards will be at any given time.
member
Activity: 1196
Merit: 26
September 11, 2023, 10:38:25 AM
#2
Are aware of prices of coins right now.?They are bleeding no surprise paying so low.
jr. member
Activity: 41
Merit: 2
September 11, 2023, 08:09:27 AM
#1
Hello mates, I have observed the benchmark/reward, dropped significant on nicehash mining software, for principal algos that worked well (Kawpow, Octopus), it dropped from 0.00002xxx BTC/24h that was last week, to under 0.000017xx yesterday and today dropped again, less than 0.0000015xx BTC/24h, as coin prices didn't fall so much in down.

What's happened?

Graphic card that I use is RTX3080, with classic overclock to give 48-50Mh on Kawpow algo.

Also I saw from time to time that Dagger Hashimotto algo, rises crazy from 0.00000750 BTC/24h to 0.00019816 BTC/24h (as was in good time when mining ETH), it stays couple seconds, and then falls down as initially 0.00000750 BTC/24h.

Also payment increases too from around 5x cents to couple dollars during this time, but is not real in final earning, I think is fake or nicehash errors?

Thank you for answers, mates!



https://postimg.cc/bskTq9Rz

https://i.postimg.cc/CL66HvBf/Nicehash.png
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