mining pool hub vs nicehash

If you want to earn through bitcoin, use BetterHash app. The auto-exchange can take hours, even up to a day, especially if they are crashing because auto-exchanging them involves somebody wanting to buy the shitcoin, and somebody else wanting to sell you a harder currency like BTC or ETH that you might actually want to keep. MiningPoolStats. The pool pays out several times a day with the minimum payout being 0.2 ETH. With MPH, you aren't mining for a fee, you are mining those shitcoins effectively for yourself, and you are exposed to them crashing before you can get them auto-exchanged. Everything else about the business model is different. 6. Slush. Payouts for balances greater than or equal to 0.001 BTC to NiceHash wallet 2%. In October 2016, Minergate added this functionality for mining XRM, XDN and FCN simultaneously. As of January 2019, NiceHash doesn’t offer any merged mining options. It's a set-and-forget style of mining. 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. That sounds great, do you mind sharing the mod? To each their own of course, but this conversation warrants more than just how much one is supposedly making per given day using a given pool. More features of BetterHash mining software: 1. Honestly I'm using MPH because as a small miner the minimum withdraw limits are unobtainable. NiceHash.com - buy & sell hashing power. You get paid in bitcoin which you can spend directly in many stores in the uk. It is one of the best NiceHash alternatives you can use for cryptocurrency transfers. Ethereum Mining Pool Hub - 0% Fee, pays all kind of mining rewards, supports all miner programs ... GUI based mining manager program like what nicehash has released is also on our plan. Can you elaborate on how AwesomeMiner makes MPH less profitable please? Nicehash, Zpool, and most other pools: Enter your Bitcoin address to use any of these mining pools. Not only do you get paid more, you get paid in Ethereum (obviously) which reduces the fee's further. Nicehash is not a classic mining pool. Enter your username and worker name as indicated on the pool web site. You get your username when you sign up on the Mining Pool Hub web site. PhoenixMiner Binance: Setup for Ethereum Mining [2021] 4 minute read A short guide on how to set up a program on the Binance Pool. Press question mark to learn the rest of the keyboard shortcuts. The quick an… One concern I have is that what is to say that Nicehash under reports your hash rate and pays you out at a lower hash rate than you are actually contributing? I understand this is a risk with any pool however seeing the wide swings in hash rate fluctuations reported through their site has me wondering why my rigs go from low hash rates to suddenly high...which started my thinking on the fact that what if they are reporting my hash rate to only be 2/3 of what it actually is as opposed to mining ethereum directly and verifying my hash rate with ethermine to see if my rates are more realistic. I mine with NiceHash because I want to invest in BTC and found this is an easy way to do so. If i was paid in ethereum for example i would have to convert it into bitcoin to spend it which would probably cost more than the extra you would earn from pool mining. Nicehash is fast easy. Side by Side Comparison For how long have you been using it? 2% few for the pool and no fees if you use coinbase. NiceHash.com has 45 repositories available. I use my computers for all sorts of things and need a miner to get out of the way when I need to do something else with the machine. This might go on for an hour or two, at which point they will dump their proceeds and the price of that shitcoin will return to oblivion. NiceHash supports a range of cryptocurrency algorithms including Bitcoin, Bitshares, EmerCoin and Digibyte (SHA 256 algorithm); Litecoin, DogeCoin, FedoraCoin (scrypt); LeoCoin, DASH, Fuelcoin, StartCoin, VCash (X11) and a lot more. Pools & Block Explorer. Algo switch mining (Port 17XXX) We provide auto switching port for each algo. a direct ethereum mining pool, pick one). Hash-power is a computational resource that describes the power that your computer or hardware uses to run and solve different cryptocurrency Proof-of-Work hashing algorithms. What makes the most money right now? It means that you are paid the rate you agreed to mine at and the future value of whatever was mined is only relevant to the buyer of the hashing power. Follow the instructions … We will try to beat Nicehash mining profits by exchanging some mined coins using pool … Its worth clarifying that a Mining OS like Simplemining OS, HiveOS, etc, is just a more lightweight operating system than Windows. They mine about 6% of the blocks. The rig began to mine fewer coins, but at a higher rate (it doesn’t matter if it is a mining rig or an entire pool of rigs). In the beginning, it had some difficulties and issues, but then it started growing rapidly. Which website i can see this miner and all the info?. Nicehash can work. Mining Pool Hub vs Nicehash! Personally I started with nice hash with 1 GPU and now I have 6 and im mining ETH at ethermine. If you don't have any profit switching miners configured already, Awesome Miner will create one for you. When the pool finds a block, it keeps a percentage of the block reward and distributes the rest among miners. I see it that there are those that have been hacked and those that will be hacked. The side bar has a good write up, but I would like to add that using LTC or any other non-BTC coin will have lower transaction costs and therefore you can get paid sooner than NiceHash. They don't have as nice of a tool as NiceHashMiner, but I made a quick and dirty mod to NHM that will auto mine at MiningPoolHub if the profit there is higher (sometimes the profit is actually higher on NH, despite the fact you're not mining on a pool directly - this would be from people placing buy orders on NH and they are losing money). Total it's about 2% fee and and i can withdraw into ETH instead of btc which when i transfer to anywhere else will cost and arm and a leg. You are ready to go. NiceHash is arguably the most popular crypto mining software in the market because it offers a simple outlook on crypto mining management and exchange services. I tried both after Nicehash lost the wallets. NiceHash is unique in that allows miners with old or unused mining hardware to sell their hashing power online to people looking to cloud mine, so anyone with an old miner lying around can earn money from NiceHash. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. I prefer MPH due to lower payout minimums and can choose what coin I want to get paid in. IMO, you should always put a floor under your mining profitability by using software like minotaur or another advanved, configurable mining switcher and adding at least one direct mining pool into your mix (e.g. So you decide. This service buys your power and pays you a reward in Bitcoins. obviously that's not always the case, either. BetterHash. How to set up NiceHash mining? Nicehash's algorithm can sometimes make up for the higher fees just because you're maximizing your mining for the most part, but you only get BTC (which if you're fine with is great). Mining Pool Hub also supports mining of specific coins. With MPH, the risk is with the miner, i.e. You can even still mine to Nicehash on these Linux based OS, just point the miner to the relevant Nicehash stratum. Dash, or Darkcoin, was created by Evan Duffield and first launched in January 2014 as a fork of Bitcoin. 7. The fee for mining on NiceHash varies from 2% to 5%. Mining Pool Hub. So to summarize, the difference between NH and MPH is that with NH, the risk of the mined crapcoin value crashing is with the buyer. Nanopool. As long as you’re submitting your hashrate successfully, you will receive payouts from f2pool. I thought I added all of them lols. Nanopool is a multi-currency mining pool with a 1% fee and a PPLNS payment scheme. The pool uses a PPLNS system and has a minimum payout of 0.1 ETH with a 1% fee. Press question mark to learn the rest of the keyboard shortcuts. I’m making ~twice as much on MPM. It has x86, x64 and Arm support. I would assume that NH has made some security improvements to reduce risk going forward. This platform is the world's largest cryptocurrency mining market. Nicehash's algorithm can sometimes make up for the higher fees just because you're maximizing your mining for the most part, but you only get BTC (which if you're fine with is great). We are testing nicehash VS mining pool hub profits lasting for 7 days. Rest of the supported cryptocurrencies include Hellem… To stay updated with the latest PoW news and developments, follow us on Twitter! Once I have this rig paid off, I would like to buy another rig and maybe just (pool) mine Zcash on the new miner (or whatever cryptocurrency interests me at the time). 2Miners pool charges a minimum fee of 1% (1.5% in solo mining mode). For which one? 6. I cash out on ETH at 0.1 so the transfer fee is less 1 % for that. And to address the similarity, MPH is a different bank, so yes, I prefer the bank that hasn't been "hacked" yet. you. ViaBTC is a somewhat new mining pool that has been around for about one year. For zcash (equihash) you want to overclock your core clock to maximize performance, so unless you write a program that automatically switches between overclocking profiles when nicehash switches miner, you're better off doing it manually. You can use them with peace of mind when mining coins with hash power, purchased through our service. I don't think it would take much time, but it is not on high priority at this time. The site interface is available in English, Russian and Chinese. I just wanted to ask this question to get peoples thoughts on why they are using NiceHash vs Pool Mining a specific coin. Start mining today! NiceHash also offers a cryptocurrency exchange! This is a Chinese pool made from two pools: 1THash and 58coin. ... One of the best performance on that market is nicehash.com. I finally got my rig stable with all 6 cards going yesterday, but it's still looking like it's about half as profitable as NH compared to what his rig is bringing in. … Follow their code on GitHub. Far easier, more profitable, and a very fast and deee method for transferring to CB. This platform allows miners to monitor their mining activities, and it also serves as a p2p marketplace for people who are interested in buying or selling hash power. Mining Pool Hub vs Nicehash! CPU mining or GPU mining has a specific performance whose measure is termed as hashing power. So to each their own. This expert-made NiceHash VS ViaBTC comparison will show you whether your instincts were right and tell you which one is the better choice. His rig is 6 1060's and mine is 5 1060's and a 1070 Ti. This sub is strictly focused on mining on the MiningPoolHub service. If you don't use AwesomeMiner with it. The coins that are most profitable most of the time are shitcoins while somebody is engaging in a pump-and-dump of their pet cryptocoin project. 1THash & 58coin . If a bank lost your checking account balance due to a "hack", would you bank with them again? Also I wanna be able to transfer my coins to an external address, which one does that more conveniently? BetterHash is one of the top mining software that allows anyone to mine cryptocurrencies with their existing computer system and start profiting immediately. I'll probably consider using Nicehash again once they offer payouts in other currencies. If you want something simple and easy. NH all the way. Nicehash's idle feature works a lot better for me than trying to do the same thing with task scheduler and Claymore. I'm giving it another day to see if there's a rebalancing here then trying to just go with a batch file and equihash only to MPH, abandoning MPM. It’s targeted towards Chinese miners and mines about 8% of all blocks. 2% is for those mining to NiceHash wallet. I also had Nicehash crash often, and no troubles on MPM. This improves power efficiency of the cards and increases performance in general. I'll just add, that the additional benefit of pool mining a specific coin is you can optimize your system for that algorithm. SparkPool, formerly ETHfans, is currently the third-biggest Ethereum mining pool out there. NiceHash has a flexible fee structure that entails nominal payments from mining revenue or a small percentage of the amount used to buy or sell hash power as commission. This is due to the fact that all use the CrytoNight algorithm. MY friend, i am mining with nicehash but i am reading your post and i wan to try to mine ethereum. This platform is the world's largest cryptocurrency mining market. Mining Pool Hub and Mining Dutch: It's required to first sign up on the pool web sites to use these mining pools. The main difference between NiceHash and a regular pool is that mining on NiceHash means that you are mining for someone else - for the buyer of hashing power who placed an order on the marketplace - and that on a regular pool you are mining for yourself. Core freq makes very little difference, if at all, after a certain threshold. There are lower costs in this software than other platforms. What I mean by that is, when mining Ethereum, I can underclock my core clocks (because they make almost no difference) and overclock my memory clocks (makes a big difference). It should be noted though, that NiceHash is stupidly easy to setup compared to MultiPoolMiner; however, I hate waiting to get paid and after NiceHash’s security breach, I am very reluctant to use them - especially given the financial crime history of one of their CxOs. The daily return on MPH is $10. Thank You ! Actually not true. Also - be wary of the way MPH auto-switching algorithm mining works there. New Coins Events Calendar. 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. Personally, I'm holing out to 0.02 BTC before I withdraw. If you’d like to sell your processor’s hashing power, Nicehash acts as a link between you and the buyer who wants to mine a coin. I'd much rather just throw the client on a machine and forget about it than worry about algorithm efficiency every few weeks. I think a lot of people are using NiceHash because of the mining algorithms. That will put a floor on your mining profitability in the sense that you will never be less profitable than if you were mining just ethereum - and that's a pretty decent baseline to have, and the most profitable NH algorithm at the time often doesn't beat that. NiceHash is a marketplace that contains several different stratums for different mining algorithms. This window app has also mining pool support. You're still mining the same algorithm, pool, coin etc as you do on Windows. 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). That should put me around the 2% mark. I switched from using Nicehash to directly mining Ethereum on ethermine too. Fees also seem lower, and payouts to external wallet is incredibly simple. https://www.nicehash.com, Press J to jump to the feed. But some pools charge 2% or more. 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. The same happens with NH, but with NH that isn't a problem for you because NH are charging the dumper X BTC for the hash rate and paying you X-n BTC (n being various fees they keep), as listed by their API at the time. The app has a fast GPU as well as CPU mining. Close. Nicehash is not a classic mining pool. I'm making way more on Nice Hash with the legacy mine right now. Maybe they announce a plan on the 31st, maybe they don't. Thus, Nicehash acts as a middle man for payment in the mining process. Most pools charge 1% fee. Mining Pool Stats | List of known PoW mining pools with realtime pool hashrate distribution. Toggle navigation. New comments cannot be posted and votes cannot be cast, More posts from the MiningPoolHub community.

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