However, miners with a limited number of rigs typically don’t choose to do this as there are lower odds of solving the algorithm and receiving rewards. in my experience pool mining is more profits if you check whattomine, but lately it's been all about zcash. The software is specially designed for Windows 64 bit OS and mining Bitcoin-like cryptocurrencies. The service has accounts on social networks Twitter, Facebook, Reddit, and others. For example, you could decide not to join a mining pool altogether. CudoMiner is another great NiceHash alternative as it’s a cross-platform, crypto mining … This is where crypto mining … This is just a quick summation of the process. You have no idea what you're talking about. Nicehash offers convience and the ability to get paid in bitcoin, which comes at a price. It saves many other costs and is also… The quick an… That is roughly ~600.000 computers. one using nicehash 3% fee? Here is a list of pools that are known to work flawlessly with our service. NiceHash Competitors. I have been testing out Nicehash and got a pay out of about $100 in week 1 with 3 GTX 1070 cards. Facebook. So pointless for an ASIC (the mining program won't work out of the box for it, but you can join the pool...But you can join any pool), but if you’re trying to get some dollars out of a gpu it’s your best easiest bet. Using nicehash vs pool. Ethermine. Just a question, what is the general consensus? Average fees: 1%. As a miner, you get paid in bitcoins. Telegram. NiceHash is not affiliated with any of the pools, listed on this page, and takes no responsibility for a particular pool to not fulfill your demands or expectations. For example, you could decide not to join a mining pool altogether. If you have an Antminer or some other Asic miner there's no point in using Nicehash. By. Buyers select the crypto-currency that they want to mine, a pool on which they want to mine, set the price that they are willing to pay for it, and place the order. More features of BetterHash mining software: 1. NiceHash uses a Pay-Per-Share reward system. NiceHash vs Mininig Pool Hub, which one will earn more in 24 hours? NiceHash has currently stopped mining operations while investigations are ongoing to know what exactly happened. NiceHash is not the only mining service. If you have an Antminer or some other Asic miner there's no point in using Nicehash. hello guys, i'm fairly new to mining and a friend told me binance pool is better than nicehash because it has lower fees for withdraw and for using … Press J to jump to the feed. Mining at any pool will be more profitable if you immediately sell. By narrowing your choice down to two excellent companies, you are just a step away from a potentially lucrative mining endeavor. CudoMiner. Every time I tested it, nicehash beat ethermine by 5%-10% even though on … How are you coming up with this? When it comes to mining Ethereum, there are other options besides NiceHash. Your provided computing power will fulfil the buyers order and you get paid for this service. Ethermine, the most popular Ethereum mining pool, allows for anonymous mining with a real time PPLNS payout scheme.The pool prides itself with instant payouts as soon as the payout threshold has been met (minimum 0.05 ETH). Payment options: PPLNS. Ethereum mining pools are groups of miners that have come together in order to increase their chances in mining an Ethereum block. I started with … I started with … reddit: the front page of the internet Honeyminer. Twitter. Facebook. There are pools and other forms of mining applications that all use miners made by anonymous developers. the pool rig is making an extra 150. a month mining zcash vs. nicehash using equihash algorithm. Posted by 8 days ago. It takes more than owning the latest mining hardware in the market to run a profitable crypto mining business. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. James Woods - May 12, 2020. Its simple interface makes it an excellent option for beginners who want to mine cryptocurrency, as well as advanced settings, make it ideal mining software for professional crypto miners. Twitter. Ethermine) profitability? However, miners with a limited number of rigs typically don’t choose to do this as there are lower odds of solving the algorithm and receiving rewards. The number of mining pools that can be mined on is also significant, ... Save the pool data to your NiceHash list of pools (the algorithm, Stratum server, port (some pools have special NiceHash port), worker username, and worker password) Verify the pool with the NiceHash Pool Verifier. ... MinerGate is one of the oldest standing multicurrency mining pools created in 2014 by a group of blockchain enthusiasts. Sparkpool. Place a new order on the marketplace. NiceHash can be described quite simply as a “special multi-mining pool” that allows users to mine as well as sell any hashing algorithms via its native marketplace. The nice thing is, their software automatically picks the best and the most profitable coin for you to mine, which is as better as it can get. Do you guys make more from nicehash or do you make more from pool mining? The service has accounts on social networks Twitter, Facebook, Reddit, and others. ReddIt. Mining at any pool will be more profitable if you immediately sell. The amount depends on the amount of hash power that you provide to NiceHash. Nicehash at times is the most profitable. Nicehash started out in 2014 as an online marketplace where people could sell their hashing power for mining certain cryptos. New comments cannot be posted and votes cannot be cast, More posts from the BitcoinMining community. James Woods - May 12, 2020. NiceHash can be described quite simply as a “special multi-mining pool” that allows users to mine as well as sell any hashing algorithms via its native marketplace. Nicehash offers convience and the ability to get paid in bitcoin, which comes at a price. Average fees: 1%. flipped the two rigs around and produced the same results. Discussion of mining the cryptocurrency Ethereum. Top Alternatives to Nicehash for Mining in 2020. It'll add hashrate to whatever network is currently profitable. With HoneyMiner program, you can make some extra income by investing in Bitcoin. Profitability is a reflection of the performance and quality of the service provided on the success of your mining endeavor and it is carefully calculated based on a large pool of testing data. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. When looked at in more detail, we can see that Nicehash charges a 3% fee on all mining processes but despite this levy, selling one’s hashpower via NiceHash is usually more profitable than mining the cryptocurrency itself. If your question is more philosophical like throwing any hashrate at the bitcoin network, Nicehash won't do that. Is there more settings you can tweak and config in legacy? Payment options: PPLNS. A few days later, Nicehash’s service was relaunched , but some of the users lost faith in what it was the most user friendly mining platform. No idea about that but use Nicehash Legacy if you aren't already. NiceHash QuickMiner uses only Excavator for GPU mining and is digitally signed.Excavator is an in-house developed miner, and code running as NiceHash QuickMiner is either … Have you found it more profitable to mine for the … Press J to jump to the feed. Looks like you're using new Reddit on an old browser. Quick Run Though on differences between pool mining and NiceHash mining. By. NiceHash seems to be so easy to setup and run and it mines the best thing for your setup it seems. Then the share is forwarded to a buyers pool. This expert-made NiceHash VS ViaBTC comparison will show you whether your instincts were right and tell you which one is the better choice. NiceHash is not the only mining service. Cudo Miner is a crypto mining software that can be downloaded and installed on the PC … It publishes important site news, for example, on technical work, any innovations, and updates. What are the advantages of mining directly with a pool then running NiceHash? Close. NiceHash is an interesting and relatively new service that allows users to sell the hashrate that their mining hardware generates or to buy such to mine a specific coin at a user set pool with one of the supported crypto algorithms. Side by Side Comparison This order is then forwarded to everyone who is connected to NiceHash with NiceHash Miner or other mining hardware (like ASICs). If you want to check how much your hardware can earn for you in a day or a month, we suggest that you check the Profitability calculator.If your hardware isn't listed there, you can simply check your potential earnings by downloading and running NiceHash Miner. Buyers select the crypto-currency that they want to mine, a pool on which they want to mine, set the price that they are willing to pay for it, and place the order. Telegram. ... to do that when Nicehash has been yielding lower returns for the same amount of investment as reported by many users on reddit. Ask questions or receive news about about mining, hardware, software, profitability, and other related items. Why so over the other? You'll end up paying more fees than necessary. It is still, to this day, If you are looking for a good crypto-mining marketplace, continue reading to find out a suitable NiceHash alternative for you in our 2020 guide. User account menu. Instead, you need to condition all your mining resources towards achieving an optimized output. Nicehash vs Binance pool fees. The only 2 algorithms that Nicehash was switching between was Ethereum's and Zcash anyway, and mining either of those 2 directly using a pool yields better results (well, it's not actually THAT much more, so props to Nicehash for maximizing how much they pay, but the main benefit is not being paid in Bitcoin which has super high fee's). two identical 6 gpu rigs. ReddIt. Can someone help mi with nicehash vs poll (e.g. If you hold your coin, who knows, either coin could outperform the other. 3. Note that only NHM and NHOS rigs will be able to show local profitability as 3rd party miners do not send local hashrate to our servers. So I have been trying different pools, different coins for almost a month in order to find what is the most profitable thing to mine and how but I … reddit: the front page of the internet CudoMiner. Honeyminer is a reliable alternative to Nicehash and is quickly gaining traction in the … You can use them with peace of mind when mining coins with hash power, purchased through our service. If you hold your coin, who knows, either coin could outperform the other. Cloud services most often impose their cryptocurrency mining conditions, while NiceHash gives users freedom in such things as choosing and setting up a mining pool. nicehash is currently paying out roughly the same as my eth mining on nano pool.. eth ming on nano pool seems reliable requires on attention on my part and just keeps running.. when it reaches a certain figure it pays out automatically to my desktop wallet.. i cant fault it.. Read summary. So pointless for an ASIC (the mining program won't work out of the box for it, but you can join the pool...But you can join any pool), but if you’re trying to get some dollars out of a gpu it’s your best easiest bet. There are pools and other forms of mining applications that all use miners made by anonymous developers. If you're just using some gaming rig, Nicehash is prolly the best way to go. Read summary. Most of mining rigs are stripped down PCs, that have nothing else on but OS and mining application. This was mining till 2020. These do not contain any information and having full access to them has no real value. Visit pool. NiceHash Competitors. Cloud services most often impose their cryptocurrency mining conditions, while NiceHash gives users freedom in such things as choosing and setting up a mining pool. It is really hard to explain the difference if you don’t have a good understanding of how PoW (proof-of-work) blockchains work. Comparison of 4 Mining Systems: NiceHash vs CoinFly vs Hive OS vs Awesome Miner. When a seller (miner) submits their work (a share) to NiceHash, it is validated by our stratum engine and validator. NiceHash is an open marketplace that connects sellers or miners of hashing power with buyers of hashing power. Mining on a pool vs. mining with NiceHash. Comparison of 4 Mining Systems: NiceHash vs CoinFly vs Hive OS vs Awesome Miner. Long term and short terms? Press question mark to learn the rest of the keyboard shortcuts. Currently, it is in the experimental phase!. Log In Sign Up. Came across this mining pool while searching for an alternative to NiceHash and have been very pleased with the ease of use. Moreover, you can club your CPU or GPU power to NiceHash’s mining pools to get the best and optimum output for the computation power you have supplied. 3. Most of mining rigs are stripped down PCs, that have nothing else on but OS and mining application. We are delighted to officially introduce NiceHash QuickMiner!NiceHash QuickMiner or NHQM is a next-generation miner developed by NiceHash. How much can you earn? one using mining software 2% dev fee and pool 1% dev fee. The official bitcoin mining forum / subreddit / chat room / place to be! We are testing nicehash VS mining pool hub profits lasting for 7 days. Best Ethereum Mining Pools Ethermine. If your question is more philosophical like throwing any hashrate at the bitcoin network, Nicehash won't do that. Make a few bucks of btc on any altcoin with a GPU - Nicehash. Dear NiceHash miners! BetterHash is one of the top mining software that allows anyone to mine cryptocurrencies with their existing computer system and start profiting immediately. 3. NiceHash offers a detailed buyers guide which you can check out here for more information. We are testing nicehash VS zpool profits lasting for 2 days. If the miner sends a correct share, he gets paid no matter if the buyer used correct pool … It takes more than owning the latest mining hardware in the market to run a profitable crypto mining business. When it comes to mining Ethereum, there are other options besides NiceHash. Pools vary in how they pay out to their miners, the fees they take and the overall support they provide. Nicehash isn’t mining bitcoin, It’s mining whatever alt is most profitable for your hardware at the moment, and paying the effort back in bitcoin.