Bitcoin Forum

Hello colleagues, please let us know what is better - mining at Nicehash or Ethermine or somewhere else?
I know that there are a lot of differences, I understand that in nicehash is better, because your work turns straight into the bitcoin, but I still expect an opinion.
thanks

Try ask here whattomine.com
You must remember that Nicehash payout is depended on both BTC and ETH value.

Thanks, I looked at the site, but still wanted to get an opinion from people who mining...

I think nice hash is the best one to start mining the coins and you do not need to check the batch file and addiontional works like adding to different network pool are does not needed at all but other miner software like claymore or bitminer and all need to connect the seperate network pool all the time to get the more profit.
I am not sure about ethermine but nice hash is the most of the people's choice.

It will always depend on your preferences, nicehash is no brainer, you will receive your profits converted to BTC directly, rewards are dependent thru NH client buying hash, while Ethermine paid thru ETC/ETH/ZEC Coins and will require some trading skills in order to fully utilized the mined coins, rewards are dependent on the mined blocks by the pools.

It depends on your own skill: Mining and Traiding. Main Nicehash's advantage is that you can once config a rig and get some average profit in BTC. But you can also hold your coins mined directly and wait good exchange rate. So you can probably increase your profit 1.5-2 times

I agree with Proc.dev It depends on your own skill.

Nice hash i s good if you have many rigs and you don't have time to setup them.
But you can pull out more profit yourself and can learn in process when you setup your rigs.

As a buyer how profitable is mining with nicehash ? Can someone tell me if there is any website similar  to nicehash ?

I also have some doubts around that question. Last week I changed my mind and started using claymore with nicehash pools. Before that I always used to run claymore and get paid in eth and dcr, and then my procedure was solding dcr coins but holding eth coins.

But apart from what you could do when you have the coins, my doubt is regarding the amount of fees applied by nicehash when it comes to converting eth+dcr to btc.

I don't know which option is better:

1. Obtain directly btc and then use advcash to convert them to fiat cash.
2. Mine altcoins with claymore, then send them from each wallet to exchange account in order to sell them, and finally send them again to advcash wallet to be finally get paid on fiat currencies.

With option 2, I would pay more fees in gas transactions.

Thanks in advance!!

NiceHash pays more. It's simply a more efficient way to mine.

I used to mine on pools, tried new miners often on my one GPU test rig and stuff. Then, a month and a half ago I switched to NH. Since I use only nVidia cards, their excavator is quite an optimized miner, considering it's multi algo. And I don't want to return to pool mining ever again. I need BTC, or cash to invest further in new GPU and CPU rigs, and since I'm out of my room quite often, I just sell my BTC once a week and buy few GPU's. :)
Maybe when I pay off my initial investment, I will consider to do some trading and spend some time on learning how to trade with profit.

Except it doesnt and it isnt. For the most part nicehash is for the lazy and/or uneducated people that dont want to deal with managing multiple wallets or having a clue when the best time to sell is. Sure there are some times when it overpays on specific algos but that requires monitoring and switching around of pools all the time.

Nicehash for sure.

That's what nicehash does, automatically...

I've mined both ways, at home I play with mining specific coins, alll of my remote machines run nicehash. I've gone a full month without touching any of them...

Zpool is also paying in BTC, but not dependent on clients buying hash.

I get about 20% higher profits when using nemosminer instead of Nicehash.

By picking a specific algo in Hashrefinery this is even higher.

I'm absolutely agreed with your above statement. I noticed it's easier for me (a no-brainer person who's suck in trading skills) to use Nicehash, since it's auto convert to BTC.

I've tried Ethermine, and I just needed to say, it's much more complicated and troublesome...

You Can try also Winminer
https://bitcointalk.org/index.php?topic=2004875.0 (https://bitcointalk.org/index.php?topic=2004875.0)

BINGO NICE HASH IS A SCAM, they don't payout in BITCOIN, they use a BTC address as an account number, if you manage to run your rigs long enough for a payout, they send you to paypal, where they ask for a 50% service fee.

NICE HASH is a scam.

The question here is a shill, ethermine for what algo, nicehash for what algo what hardware. I agree nicehash is for people who don't know what they're doing and nicehash exploits these people.

**

Most profitable right now is 'EXP'

http://whattomine.com/coins

learn to use the tools, and remember if they say nicehash is on top, it don't mean shit, cuz they don't consider the fee's nice hash taxes 4-5 times between mining and exit, by the time U get out of nicehash you will barely get 50% of what's reported on http://whattomine.com/coins

But for say "zencash' its say right now u get $10/day and if you mine on zen.suprnova.cc they will pay out everyday exactly that.

There is only one honest miner around, most of the mining pools don't payout, the payout is so high that most people quit, that's what nice hash does, they keep raising the payout bar until you quit, and then every month they sweep the uncollected, biggest scam around is nicehash

But obviously NICEHASH is paying a lot of people http://whattomine.com/coins, no reason nicehash is on whattomine everyday, cuz they sure as hell never payout those number

ethermine I don't remember its been so long, but I don't use them, because its too hard to get a payout,

suprnova is the best, they pay out, and find all the blocks so you get paid daily, lots of these micro-pools dont' find blocks so nobody gets paid

You must have brain damage.

Nicehash pays out bitcoin into any wallet you choose. Mine goes directly to coinbase, where it gets sold instantly to paypal.

Never used Nicehash as I like being in control on my setup and delivery.

I would use ethermine or claymore.

I am one of those who are very interested in mining. I was glad saw this thread gives me idea where is best to mine and who is legit or not.I will keep it on mind nicehash,ethetmine etc.

For a newbie users nicehash offers simple solution for mining. You download the program, point it at your BTC address and start mining - thats all.
For the convenience they charge you a small fee hence you earn a little bit less, but you don't care about switching different miners/coins and algos.
When you get more experience with mining you can move to more advanced stuff.

Ethermine - mining software
claymore.- mining software
Nicehash - service

The purpose of the service provided by Nicehash is precisely that it controls and switches mining to the most advantageous algorithm and currency. If it's just a currency and not an algorithm, you can use Ethermine and Claymore as part of its service.

Thank you for the comprehensive answers! for the moment I'm going to try a month with nicehash - and if everything is OK, I will stay there.
In future I will try minning directly at pool.

It merely depends on your skill

I prefer mining Altcoins directly, but have also tried nicehash and it worked good for me, they always paid almost exactly like calculated in whattomine.

You must be trolling.  You are the first person to ever say something good about suprnova.  They are the biggest scammers around.