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Topic: Why people are using nicehash? - page 3. (Read 2407 times)

sr. member
Activity: 545
Merit: 251
ASK
November 30, 2017, 03:07:37 PM
#22
What is being discusses as the main topic?

Buying or selling hashpower?

*Buying. Well if someone want's new coins that are not on exchanges yet, and lack hardware, it is a good option.
newbie
Activity: 8
Merit: 0
November 30, 2017, 03:03:46 PM
#21
its reliable, easy to use, hassle free and important for me, allows a decent and steady profit control and prediction. Tried different pools and miners in the past and stuck with both nhm legacy and nvidia version for my rigs since quite a while.
Yes you can make more profit by manually switching algos, optimizing configs and watching the market etc., been there.. i prefer the comfort option here and willing to accept lesser returns as trade off.

In the End it really depends on your setup and *crypto-personality*, whatever floats your boat.
member
Activity: 162
Merit: 10
November 30, 2017, 02:34:34 PM
#20
they are just too lazy.
nicehash pay in BTC, so users must do nothing.
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
November 30, 2017, 02:32:35 PM
#19
Cause they love to be scammed.
newbie
Activity: 42
Merit: 0
November 30, 2017, 02:07:29 PM
#18
Do you mean the Nicehash miner.exe or the hashrate marketplace nicehash? The miner is shit, but the marketplace is good for selling hashrate. They are two very diffrent things.
newbie
Activity: 226
Merit: 0
November 30, 2017, 01:00:58 PM
#17
Dat stupid nicehash... connection issue every second start...(ipv6 disabled already, didn't help)...
full member
Activity: 135
Merit: 100
November 30, 2017, 12:00:36 PM
#16
Nicehash has its place.  It's hard to start mining from zero.  You not only have to get a rig up and running, you have to figure out the miners, settings, stupid wallet  (spent days trying to download the blockchain on mist before giving up).  It pretty much took a month to really get mining.  I knew nothing.   During that time I was at least mining something.   

I still use winner for my mixed card rigs. 
full member
Activity: 672
Merit: 154
Blockchain Evangelist.
November 30, 2017, 11:47:34 AM
#15
Because it's quite easy. Dont need to consider which coin to mine, dont need to do much researches as well. And please note that even when we do researches carefully, there's no guarantee that we're in right coin. Also the profit comes quite regularly. And as you see, the BTC price is still a way advance than altcoins. So, Nicehash in somehow is a good option for someone. But for me, I prefer using GPUs to mine altcoins rather than Nicehash.
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
November 30, 2017, 11:41:54 AM
#14
Oh Boy, I'm starting to ask myself if I'm really Lazy, Lol Grin

Can't help, why do I end up using nicehash over other pools? Hmmmnnn..

One thing I know, I do realized, I get more profit, How did I do it? its a secret, lol,  and ohh, BTC reached an all time high..

that's how it is.. btw.. I don't mine ETH for a month now Grin

Your "secret" of autoconverting to BTC doesn't mean you got more just because BTC is high now. On the other hand if you had waited with selling alts for BTC... you could have made much more.

I haven't mined Eth since last July. There is/was always something much more profitable you just have spend the time looking for them.


So yeah, nicehash basically offers plug and play levels of ease of use at a pretty high convenience fee. Which, as jmigdlc99 said doesn't make much sense because most people are here for the ROI which it takes a huge bite out of.
member
Activity: 112
Merit: 10
November 30, 2017, 11:34:11 AM
#13
what other better than nice hash for d3 and l3
full member
Activity: 392
Merit: 137
November 30, 2017, 11:29:30 AM
#12
Nicehash is very useful for beginners. There is no problem. Installed software and everything. Don't even need to choose the algorithm. The software does everything for you. If you are going to engage in mining need to have the experience you need to constantly follow the price and time switching algorithms. It's all very annoying.
member
Activity: 154
Merit: 10
November 30, 2017, 11:25:34 AM
#11
Usually Nicehash use newbies that are no so good informed about the concepts of mining. And it's easy to set up just install the software run benchmark and you good to go.
hero member
Activity: 1162
Merit: 500
November 30, 2017, 10:50:51 AM
#10
nicehash is ok for renting hash power and getting btc.
full member
Activity: 788
Merit: 100
November 30, 2017, 10:49:56 AM
#9
Some people only mine and earn BTC without trading or waiting for high coin price
but im not, mining coin, hold in my wallet and waiting for higher price
sr. member
Activity: 1008
Merit: 297
Grow with community
November 30, 2017, 10:18:43 AM
#8
Oh Boy, I'm starting to ask myself if I'm really Lazy, Lol Grin

Can't help, why do I end up using nicehash over other pools? Hmmmnnn..

One thing I know, I do realized, I get more profit, How did I do it? its a secret, lol,  and ohh, BTC reached an all time high..

that's how it is.. btw.. I don't mine ETH for a month now Grin
full member
Activity: 182
Merit: 100
November 30, 2017, 09:59:09 AM
#7
There are people who don't have mining hardware available with them. They can use nicehash as a good option.
full member
Activity: 584
Merit: 106
November 30, 2017, 09:00:58 AM
#6
Because they have lack of knowledge. The only real benefit (at lest for me) is sometimes to have high hashrate for a short time on a low diff. coin.

newbie
Activity: 14
Merit: 0
November 30, 2017, 08:59:57 AM
#5
nicehash is basically install-and-run. that's all.

full member
Activity: 405
Merit: 136
November 30, 2017, 08:48:22 AM
#4
Why people are using nicehash? When I paid to mine Ethereum on it, several times, I received less than the price of Ethereum at that time. To be more specific: It gave me back 20% less money than I have invested. The same thing applied for a miner who rented his/her hash power. Received less than if he/she would mine on a normal pool.

So why people are using it? How is it profitable and for whom?

Because it's very easy. It's best way for newbies to get mining fundamentals. Also not everybody can spend enough time to check Announsment tread for choosing good coin for mining. And nicehash good from time to time on different algos when new popular project start. These points I tell as miner not buyer of mining power
sr. member
Activity: 784
Merit: 282
November 30, 2017, 08:13:32 AM
#3
Some people want to do it the easy way. With Nicehash, they get paid in bitcoins directly which is the only currency they understand and actually know how to convert into fiat. You'd be surprised how much extra people will pay for extra comforts in life. But in the case of mining, it makes less sense because we are mostly doing it for profit. But instead pay extra to get less profit. People are weird.
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