Bitcoin Forum

Bitcoin => Pools => Topic started by: nicehash on December 14, 2014, 10:02:58 AM



Title: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on December 14, 2014, 10:02:58 AM

Sell your hashing power as simple as using a PPS pool!

www.nicehash.com (http://www.nicehash.com)

This thread is intended for a quick overview and debate for miners (sellers/providers) of hashing power, who can use NiceHash.com as simple any other Bitcoin/SHA256 pool/multipool. The complete description of NiceHash.com service is available in this topic (https://bitcointalk.org/index.php?topic=562238.0).

Why use NiceHash.com SHA256 mining pool?
- It is as simple as using any other pool/multipool with PPS payments (https://www.nicehash.com/?p=gstarted#seller)
- Higher profits than direct mining BTC, detailed in statistics (https://www.nicehash.com/index.jsp?p=stats)
- Automatic payments in Bitcoins up to 4 times a day (https://www.nicehash.com/index.jsp?p=faq#faqs5)
- No registration needed (https://www.nicehash.com/?p=gstarted#seller)
- Stable and reputable service from April 2014 (http://www.nicehash.com)

NiceHash.com is the most suitable service for miners who are looking for easy and profitable mining experience with higher profits than direct mining BTC.

Take a look at our Getting started guide (https://www.nicehash.com/?p=gstarted#seller) and start mining on our pools.

Keep in mind that NiceHash/WestHash is a PPS pool with higher profits that direct mining BTC (see Stats on our homepage).

With the fees set to only 3% our pool has the lowest fee among popular PPS paying pools (usualy at 4% or 5% fees).

Click here to see how to get started right now! (https://www.nicehash.com/index.jsp?p=gstarted#seller)


Title: Re: [BTC +500%] Try NiceHash.com pool, buyers of SHA256 hash power are paying good
Post by: aurel57 on December 14, 2014, 12:55:32 PM
I have friends that have been telling me to try NiceHash so I just moved my miners over to WestHash and I like what it shows so far.


Title: Re: [BTC +500%] Try NiceHash.com pool, buyers of SHA256 hash power are paying good
Post by: Paul Revere on December 14, 2014, 01:37:56 PM
Is there a limit to how small of a contribution someone can make? Meaning, can I point one of my S1s there to test out these fantastical figures?  ???


Title: Re: [BTC +500%] Try NiceHash.com pool, buyers of SHA256 hash power are paying good
Post by: aurel57 on December 14, 2014, 02:06:00 PM
It shows I have made in two hours what would have taken me 16 hours on PPS?


Title: Re: [BTC +500%] Try NiceHash.com pool, buyers of SHA256 hash power are paying good
Post by: aurel57 on December 14, 2014, 02:08:34 PM
Is there a limit to how small of a contribution someone can make? Meaning, can I point one of my S1s there to test out these fantastical figures?  ???

I would think it would not matter what size miner you use.


Title: Re: [BTC +500%] Try NiceHash.com pool, buyers of SHA256 hash power are paying good
Post by: Paul Revere on December 14, 2014, 02:16:44 PM
So it seems. I read through the Nicehash website and it appears you can use any miner, although there seems to be issues with people using junkers with outlandish error rates screwing things up. My Spidey sense says that something that is too good to be true usually isn't, but if they are paying 4 times a day I don't see much risk in pointing one over there. The site is currently quoting .0886 BTC/THs/Day. The Coinwars projection is .0226. My main reservation to trying this at the moment is that Slush is having a boomer of a day (FINALLY) and I am running @ about .03/Ths/Day currently and I don't want to pull off of that tit right now. Maybe if things cool off I will give it a try. I do understand the business model (Sell to sucker and buy from me and keep a cut), all you have to do is check Ebay and see the (insert derogatory term for zero math skill person here)'s paying $5-$10/day to rent S3's. The issue there is disgruntled buyers and full on scammers though.


Title: Re: [BTC +500%] Try NiceHash.com pool, buyers of SHA256 hash power are paying good
Post by: aurel57 on December 14, 2014, 02:31:13 PM
So it seems. I read through the Nicehash website and it appears you can use any miner, although there seems to be issues with people using junkers with outlandish error rates screwing things up. My Spidey sense says that something that is too good to be true usually isn't, but if they are paying 4 times a day I don't see much risk in pointing one over there. The site is currently quoting .0886 BTC/THs/Day. The Coinwars projection is .0226. My main reservation to trying this at the moment is that Slush is having a boomer of a day (FINALLY) and I am running @ about .03/Ths/Day currently and I don't want to pull off of that tit right now. Maybe if things cool off I will give it a try. I do understand the business model (Sell to sucker and buy from me and keep a cut), all you have to do is check Ebay and see the (insert derogatory term for zero math skill person here)'s paying $5-$10/day to rent S3's. The issue there is disgruntled buyers and full on scammers though.

I use to mine on Slush a few years ago. I am not sure who is renting these miners at such a high rate on NiceHash but I will take the good pay while it last as I am sure it will not be for long.

Edit: Am wondering if they are using the hash to mine another SHA256 coin other than BTC that maybe be hot at the moment. I really don't follow any other coins so I am not sure.


Title: Re: [BTC +500%] Try NiceHash.com pool, buyers of SHA256 hash power are paying good
Post by: Paul Revere on December 14, 2014, 03:14:40 PM
I suspect that is what people buying hashpower are doing, at least those who do it for any length of time. I have tried this (mining the hot alt coin of the moment)  but always end up chasing butterflies it seems. I can understand a looky-loo just wanting to try mining overpaying for a short period of time.  I pointed an S1 and an S3 there. I think I did it right. I signed up and pointed them to the stratum address for SHA-256 using my wallet address as user name, like a P2pool. IS this correct? Did I miss something? How do I monitor what is happening? Do I just wait for a payout in 6 hours??


Title: Re: [BTC +500%] Try NiceHash.com pool, buyers of SHA256 hash power are paying good
Post by: nicehashdev on December 14, 2014, 03:21:19 PM
I suspect that is what people buying hashpower are doing, at least those who do it for any length of time. I have tried this (mining the hot alt coin of the moment)  but always end up chasing butterflies it seems. I can understand a looky-loo just wanting to try mining overpaying for a short period of time.  I pointed an S1 and an S3 there. I think I did it right. I signed up and pointed them to the stratum address for SHA-256 using my wallet address as user name, like a P2pool. IS this correct? Did I miss something? How do I monitor what is happening? Do I just wait for a payout in 6 hours??

If you pointed to your deposit address on NiceHash then you will not be paid. Read this:

Quote
Do NOT mine into this address directly! Mining payments to this address will be ignored and considered as donations! Also, do NOT use this wallet Bitcoin address for pool username when configuring your miner for mining on our stratum servers. Use your own personal or cloud Bitcoin wallets for mining. This is a deposit address only for buying hashing power. Thank you for understanding.

Your have to use your own wallet address, not the deposit one provided by NiceHash. Also, if you are a miner, you don't have to create account at all, just point your miner with your BTC address as username.


Title: Re: [BTC +500%] Try NiceHash.com pool, buyers of SHA256 hash power are paying good
Post by: Paul Revere on December 14, 2014, 03:23:03 PM
Thank you for the quick reply. I did actually read that and I am using my personal regular wallet receive address for the username and not the one provided by Nicehash. Are the payouts done @ exact UTC times or per when the mining session started?


Title: Re: [BTC +500%] Try NiceHash.com pool, buyers of SHA256 hash power are paying good
Post by: aurel57 on December 14, 2014, 03:23:31 PM
I suspect that is what people buying hashpower are doing, at least those who do it for any length of time. I have tried this but always end up chasing butterflies it seems. I can understand a looky-loo just wanting to try mining overpaying for a short period of time.  I pointed an S1 and an S3 there. I think I did it right. I signed up and pointed them to the stratum address for SHA-256 using my wallet address as user name, like a P2pool. IS this correct? Did I miss something? How do I monitor what is happening? Do I just wait for a payout in 6 hours??

I went to the miners list on the upper right hand side. then scrolled down to my payment address which is easy to find just looking around your hash rate. Once you click on your payment address it will show you your miners. now i am trying to figure out how to number my miners as i have 6 S3's pointed here.


Title: Re: [BTC +500%] Try NiceHash.com pool, buyers of SHA256 hash power are paying good
Post by: Paul Revere on December 14, 2014, 03:38:38 PM
Update: I see my miners in the list, thanks for the tip Aurel. So far so good. Fingers crossed that I am not chasing butterflies here.....

P.S: A way to differentiate your miners would be to use different receive addresses for each, depending on what wallet you are using you may already have several available. I have been doing this on P2pools that I have tried.


Title: Re: [BTC +500%] Try NiceHash.com pool, buyers of SHA256 hash power are paying good
Post by: nicehashdev on December 14, 2014, 03:49:36 PM
NiceHash has very large FAQ section. You can name your miners and still mine under same BTC address. Read this: https://www.nicehash.com/index.jsp?p=faq#faqs1


Title: Re: [BTC +500%] Try NiceHash.com pool, buyers of SHA256 hash power are paying good
Post by: aurel57 on December 14, 2014, 04:03:34 PM
NiceHash has very large FAQ section. You can name your miners and still mine under same BTC address. Read this: https://www.nicehash.com/index.jsp?p=faq#faqs1

I some how looked past it, but got it now. thank you


Title: Re: [BTC +500%] Try NiceHash.com pool, buyers of SHA256 hash power are paying good
Post by: Paul Revere on December 14, 2014, 04:15:34 PM
Same here, that is a nice feature. I went ahead and pointed all 5 of my miners there for a real test.

A question I still have that I did not see answered in the FAQs is: At what times are the payouts made? It says 4 times per day, but not what these 4 times are. Are they made at UTC times, i.e. 12 midnight, 6 am, 12 noon, 6 pm UTC???



Title: Re: [BTC +500%] Try NiceHash.com pool, buyers of SHA256 hash power are paying good
Post by: aurel57 on December 14, 2014, 04:19:06 PM
Update: I see my miners in the list, thanks for the tip Aurel. So far so good. Fingers crossed that I am not chasing butterflies here.....

P.S: A way to differentiate your miners would be to use different receive addresses for each, depending on what wallet you are using you may already have several available. I have been doing this on P2pools that I have tried.

I also set my password as p=.013 so if the buying rate drops below .013 per TH/s my miners will move to my PPS pool as I can get that much on PPS.


Title: Re: [BTC +500%] Try NiceHash.com pool, buyers of SHA256 hash power are paying good
Post by: aurel57 on December 14, 2014, 05:08:59 PM
Just received my first payment for 5 hours of mining.  :o very nice!


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin +1000% profits atm!!!
Post by: nicehash on December 14, 2014, 10:17:49 PM
We need more hashing power! What are you waiting for, point your SHA256 miners to NiceHash.com / WestHash.com!


Title: Re: [BTC +500%] Try NiceHash.com pool, buyers of SHA256 hash power are paying good
Post by: OgNasty on December 15, 2014, 03:50:57 PM
I also set my password as p=.013 so if the buying rate drops below .013 per TH/s my miners will move to my PPS pool as I can get that much on PPS.

That is a pretty cool feature...


Title: Re: [BTC +500%] Try NiceHash.com pool, buyers of SHA256 hash power are paying good
Post by: aurel57 on December 15, 2014, 04:44:23 PM
I also set my password as p=.013 so if the buying rate drops below .013 per TH/s my miners will move to my PPS pool as I can get that much on PPS.

That is a pretty cool feature...

Kind of what I thought also. Will wait and see how it works out. I believe then if the rate ever comes back up to my threshold the miners will move back to WestHash by themself.


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin +1000% profits atm!!!
Post by: Nolimitz84 on December 16, 2014, 03:01:07 AM
This is very good for me. :)


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin +1000% profits atm!!!
Post by: nicehash on December 17, 2014, 08:56:56 AM
Just a reminder: the gold rush is still ongoing, check out NiceHash.com / WestHash.com.


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin +1000% profits atm!!!
Post by: RoadStress on December 17, 2014, 11:09:50 AM
Just a reminder: the gold rush is still ongoing, check out NiceHash.com / WestHash.com.

I have joined the madness too!  :o


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin +1000% profits atm!!!
Post by: lowbander80 on December 17, 2014, 04:59:12 PM
Just a reminder: the gold rush is still ongoing, check out NiceHash.com / WestHash.com.

I have joined the madness too!  :o

Lets see what happens joined toooo


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin +1000% profits atm!!!
Post by: RoadStress on December 17, 2014, 06:26:09 PM
Just a reminder: the gold rush is still ongoing, check out NiceHash.com / WestHash.com.

I have joined the madness too!  :o

Lets see what happens joined toooo

Wise decision!


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: klondike_bar on December 17, 2014, 09:05:39 PM
loving this gold rush, but i see the payouts are shrinking pretty fast. is this due to rising paycoin difficulty, or because fewer people are renting rigs?

ive got about 15% of my hashrate mining paycoins directly, and the rest on nicehash. at current exchange rates the rewards look fairly close, but altcoin trading isnt really my skillset.


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: lowbander80 on December 18, 2014, 07:19:15 AM
Shrinking yes but still good

from Alloscomp ¨: 0.0127
                         0.0327

This is per 1000 Ghs

The only bad is the BTC price its dropping to 300$ as I see now


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: klondike_bar on December 18, 2014, 05:57:21 PM
Shrinking yes but still good

from Alloscomp ¨: 0.0127
                         0.0327

This is per 1000 Ghs

The only bad is the BTC price its dropping to 300$ as I see now

BTC price will do what it does. The last low in the price was a drop to about $275, so right now we are seeing resistance against the price going that low again. The closer the price gets to $275/BTC, the more likely it will have a big upswing, or break past and fall to a new support level closer to $250. personally i think going back up is likely as the majority of news and recent developments are good for bitcoin and the network is significantly larger and more powerful than it was only a year or two ago.

either way, the paycoin profits are fantastic - even at 3x the bitcoin payout rate, if electricity is 40% of my bitcoin income, then with paycoin my PROFITS are about 5x that of bitcoin mining. (even if the goldrush ends this weekend, that difference cuts several weeks off my ROI timeframe)


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: lowbander80 on December 19, 2014, 10:01:10 AM
I have not choosen to mine paycoin directly as I diid not want to mess with wallets of that coin
and did not know what will happen if all start to sell it
Actually I have not read much so not clear what is happening with this GAW coin
I have thrown nearly all available hash power to nice hash and enjoy it
I read somewhere that the last block of paycoin will give a big bonus like lotto.
I dont know when renting the rigs will not be more profitable but I know some
guys are always mine the most profitable coin from coinwarz.
I dont have the time to do this so prefered the rent


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: mdude77 on December 20, 2014, 06:12:35 PM
I have a number of miners pointed to westhash, all with the exact same parameters.  Why do some suddenly show the site as down, but the others are fine?  A minute ago all but one showed it as down, then they all switched to up, now they all show as down.

I realize the front end is down, but it says stratum servers should be fine.

M


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: tzortz on December 20, 2014, 11:38:05 PM
I am sorry guys but I think the game is over IMHO.


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: aclass on December 21, 2014, 06:45:58 PM
the paycoin rush is over. back to BTC mining and waiting for the next "BIG" thing :)


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: mdude77 on December 21, 2014, 07:25:43 PM
the paycoin rush is over. back to BTC mining and waiting for the next "BIG" thing :)

I'd be happy with little things! :)

M


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: amytat on December 25, 2014, 05:38:22 PM
Nicehash is good pool for all coin from bitcoin to alt coin as scrypt , x11,x13 ... Many thanks


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: aclass on December 25, 2014, 06:27:38 PM
NiceHash is not a pool YO

Nicehash is good pool for all coin from bitcoin to alt coin as scrypt , x11,x13 ... Many thanks


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: nicehash on December 26, 2014, 08:32:52 AM
NiceHash is not a pool YO

Nicehash is good pool for all coin from bitcoin to alt coin as scrypt , x11,x13 ... Many thanks

Well, NiceHash is not an ordinary Bitcoin pool, but as far as miners are concerned it works exactly the same as any other pool - you connect you miners to NiceHash pool and you're paid in Bitcoins, as simple as that. Moreover, you get paid on PPS system without any variance which guarantees you stable and better payouts then regular Bitcoin pools. And it is even better for Scrypt or GPU mining where you are paid much more then direct Litecoin or Darkcoin mining.


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: aclass on December 26, 2014, 09:00:13 AM
Yes, you guys work just like a pool, which is quite nice tech, but still you are not a pool. I did hash with you on the XPY rush and I admire your work on the system.

In this case amytat was just looking for a place to post his BS and increase the post count a bit. :)


NiceHash is not a pool YO

Nicehash is good pool for all coin from bitcoin to alt coin as scrypt , x11,x13 ... Many thanks

Well, NiceHash is not an ordinary Bitcoin pool, but as far as miners are concerned it works exactly the same as any other pool - you connect you miners to NiceHash pool and you're paid in Bitcoins, as simple as that. Moreover, you get paid on PPS system without any variance which guarantees you stable and better payouts then regular Bitcoin pools. And it is even better for Scrypt or GPU mining where you are paid much more then direct Litecoin or Darkcoin mining.


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: irobb on January 08, 2015, 06:27:05 PM
From the 4 days I have been pointed to westhash, I have only been paid once a day...  Is it different if I point to nicehash?


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: nicehash on January 08, 2015, 07:30:18 PM
From the 4 days I have been pointed to westhash, I have only been paid once a day...  Is it different if I point to nicehash?

Please, take a look at this FAQ: https://www.nicehash.com/index.jsp?p=faq#faqs5


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: Digitalmocking on January 08, 2015, 11:32:57 PM
Is it worth running on nicehash/westhash still, or should I not bother and just go with normal pool mining?


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: irobb on January 08, 2015, 11:36:00 PM
I don't know... I am making around 0.02370 BTC daily with 2.1 TH but it's only been around 3 days.  I have nothing to compare it to since I am new to mining.


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: kano on January 08, 2015, 11:42:54 PM
I think the thread title needs an update :)


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: mdude77 on January 09, 2015, 12:33:09 AM
I don't know... I am making around 0.02370 BTC daily with 2.1 TH but it's only been around 3 days.  I have nothing to compare it to since I am new to mining.

That's low.  2.1 TH/s should average out to about 0.027 BTC daily.

I suggest checking the main page of west hash and look at the percentage for BTC to see if it's worth mining there.  Right now it's at 0%, which I think means you'll do better at a conventional pool.  Also, you can configure your workers to only kick in when the payout makes it worth while.

M


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: philipma1957 on January 09, 2015, 03:31:20 PM
I don't know... I am making around 0.02370 BTC daily with 2.1 TH but it's only been around 3 days.  I have nothing to compare it to since I am new to mining.

That's low.  2.1 TH/s should average out to about 0.027 BTC daily.

I suggest checking the main page of west hash and look at the percentage for BTC to see if it's worth mining there.  Right now it's at 0%, which I think means you'll do better at a conventional pool.  Also, you can configure your workers to only kick in when the payout makes it worth while.

M

this is correct.  I rent for nicehash and westhash  .  They are great when a lot of people are renting to mine a hot coin.  Give me a minute to show how to set your miner's pools up to allow for westhash or nicehash to mine only when the price is a bit better.
 note westhash is for the western hemisphere
 nicehash is for the rest of the world

my pools page on my sp20  I set my rental price at 0.0141  that is about  0.0023 over the normal price of 0.0118  per th  

this overspread may allow for 10 to 30 hours a week  at the higher prices.

the pool it is mining at now is paying me about .0119 .

http://imagizer.imageshack.us/v2/1024x768q90/673/otdyf4.png

where my sp20 is mining right now it skipped over nicehash.  I set my rental price too high

http://imagizer.imageshack.us/v2/1024x768q90/910/yRv8CI.png


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: irobb on January 09, 2015, 03:42:30 PM
Hey thanks!  That's really helpful.  Love your SP20 interface.


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: mdude77 on January 09, 2015, 11:48:17 PM
Hey thanks!  That's really helpful.  Love your SP20 interface.

Since most pools uses some form of PPLNS, it hurts to jump back to Westhash/Nicehash when it's a "little higher" than normal.  For that reason I have mine set quite a bit higher: 0.03

M


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: philipma1957 on January 10, 2015, 05:37:02 PM
Hey thanks!  That's really helpful.  Love your SP20 interface.

Since most pools uses some form of PPLNS, it hurts to jump back to Westhash/Nicehash when it's a "little higher" than normal.  For that reason I have mine set quite a bit higher: 0.03

M

yes your second choice under nicehash/westhash

 needs to be a non-pplns pool  such as


https://mining.bitcoinaffiliatenetwork.com

https://www.f2pool.com

http://solo.ckpool.org

if you have

https://www.btcguild.com/

https://bitminter.com/


the switching will be harmful.


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: aurel57 on January 11, 2015, 10:19:49 AM
Hey thanks!  That's really helpful.  Love your SP20 interface.

Since most pools uses some form of PPLNS, it hurts to jump back to Westhash/Nicehash when it's a "little higher" than normal.  For that reason I have mine set quite a bit higher: 0.03

M

yes your second choice under nicehash/westhash

 needs to be a non-pplns pool  such as


https://mining.bitcoinaffiliatenetwork.com

https://www.f2pool.com

http://solo.ckpool.org

if you have

https://www.btcguild.com/

https://bitminter.com/


the switching will be harmful.

Or even worst at Slush's Pool as old shares are discarded and you could end up with no payment at all.


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: Paul Revere on January 30, 2015, 06:12:21 PM
Rates are way up right now (.021 /THs), get your rigs on Nicehash/Westhash to cash in on the boom!

Up past .025 now, get in while it lasts!


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: kano on January 30, 2015, 07:24:09 PM
Hey thanks!  That's really helpful.  Love your SP20 interface.

Since most pools uses some form of PPLNS, it hurts to jump back to Westhash/Nicehash when it's a "little higher" than normal.  For that reason I have mine set quite a bit higher: 0.03

M

yes your second choice under nicehash/westhash

 needs to be a non-pplns pool  such as


https://mining.bitcoinaffiliatenetwork.com

https://www.f2pool.com

http://solo.ckpool.org

if you have

https://www.btcguild.com/

https://bitminter.com/


the switching will be harmful.
Incorrect.

As I have explained a few times, the PPLNS at my pool pays out the shares over the 5N diff after they are submitted.
It simply means that your shares get paid out over time ...
The 5N also reduces the luck variance.


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: bonds on January 30, 2015, 08:52:02 PM
Rates are way up right now (.021 /THs), get your rigs on Nicehash/Westhash to cash in on the boom!

Up past .025 now, get in while it lasts!

Well that was short lived


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: philipma1957 on January 30, 2015, 11:41:22 PM
Hey thanks!  That's really helpful.  Love your SP20 interface.

Since most pools uses some form of PPLNS, it hurts to jump back to Westhash/Nicehash when it's a "little higher" than normal.  For that reason I have mine set quite a bit higher: 0.03

M

yes your second choice under nicehash/westhash

 needs to be a non-pplns pool  such as


https://mining.bitcoinaffiliatenetwork.com

https://www.f2pool.com

http://solo.ckpool.org

if you have

https://www.btcguild.com/

https://bitminter.com/


the switching will be harmful.
Incorrect.

As I have explained a few times, the PPLNS at my pool pays out the shares over the 5N diff after they are submitted.
It simply means that your shares get paid out over time ...
The 5N also reduces the luck variance.

you are correct as long as  the rates at nice/west hash don't stay really high and your pool does not do back to back  500% blocks.

If I set westhash at 0.015  at first choice with your pool as second choice.

 Lets say for 5 hours  rates are  under 0.015 and I earn 1 % of your pool during that time 50th of hash would do that..  Then westhash rates jump to 0.016 switches me off your pool keeps me off your pool for days.  you pool does back to back 500% blocks I would lose all the shares due to dilution .
Very unlikely but possible.
So rather then  confuse the question asked,  I put pools  that can never happen to.

My own choice is to use your pool 2nd and f2pool third. Since I don't think back to back 500% blocks and really high rates on westhash will happen .  (I figure 10000 to 1 or more )   but on the net If I tell some one to use your pool under westhash I need the longer explaination.  If someone reads this post along with your quote  I think they would be fully informed.
   Took me a while to fully understand this angle to your pool  another reason I use it along with westhash.


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: kano on January 30, 2015, 11:55:06 PM
Hey thanks!  That's really helpful.  Love your SP20 interface.

Since most pools uses some form of PPLNS, it hurts to jump back to Westhash/Nicehash when it's a "little higher" than normal.  For that reason I have mine set quite a bit higher: 0.03

M

yes your second choice under nicehash/westhash

 needs to be a non-pplns pool  such as


https://mining.bitcoinaffiliatenetwork.com

https://www.f2pool.com

http://solo.ckpool.org

if you have

https://www.btcguild.com/

https://bitminter.com/


the switching will be harmful.
Incorrect.

As I have explained a few times, the PPLNS at my pool pays out the shares over the 5N diff after they are submitted.
It simply means that your shares get paid out over time ...
The 5N also reduces the luck variance.

you are correct as long as  the rates at nice/west hash don't stay really high and your pool does not do back to 500% blocks.

If I set westhash at 0.015  at first choice with your pool as second choice.

 Lets say for 5 hours  rates are  under 0.015 and I earn 1 % of your pool during that time 50th of hash would do that..  Then westhash rates jump to 0.016 switches me off your pool keeps me off you pool for days.  you pool does back to back 500% blocks I would lose all the shares due to dilution .
Very unlikely but possible.
So rather the confuse the question asked I put pools  that can never happen to.

My own choice is to use your pool 2nd and f2pool third. Since I don't think back to back 500% blocks and really high rates on westhash will happen .  (I figure 10000 to 1 or more )   but on the net If I tell some one to use your pool under westhash I need the longer explaination.  If someone reads this post along with your quote  I think they would be fully informed.
   Took me a while to fully understand this angle to your pool  another reason I use it along with westhash.
Yes, but your example works both ways.
If the pool averages better than 5 blocks in the following 500% you'll do better.

But the point is that is all random probability.

The expected average result over time is to get 99.1% (due to the 0.9% fee)

Each share itself will depend on the 500% after it is submitted, which of course can go both ways: pay better or worse than expected, but again, should average as expected.

Also note that over the past week we have averaged below expected, but over the previous 4 months have averaged above expected.
All of that is random luck, but that's just the way it has been, the results are random, but the expected result over time is the average.
(The last 42 blocks have been only just better than 100%)


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: Paul Revere on January 31, 2015, 07:05:37 PM
Rates are way up right now (.021 /THs), get your rigs on Nicehash/Westhash to cash in on the boom!

Up past .025 now, get in while it lasts!

Well that was short lived

Rates are rising once again, although not quite as high as yesterday. Still higher than mining BTC at the moment.


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: bonds on February 01, 2015, 12:58:22 AM
Rates are way up right now (.021 /THs), get your rigs on Nicehash/Westhash to cash in on the boom!

Up past .025 now, get in while it lasts!

Well that was short lived

Rates are rising once again, although not quite as high as yesterday. Still higher than mining BTC at the moment.

Yeah I set my minimum mining price at 0.0130.  Still pretty decent.  Bummer it'll be gone once this random UNB pump is over.


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: klondike_bar on February 01, 2015, 05:03:18 AM
thats the nice thing about the fixed price :)

my 17TH switched over for about 6hrs today, at about ~105% profitability during that period. (p=0.0128)


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: Paul Revere on February 03, 2015, 02:33:57 PM
I have been unable to get my S5 to accept Westhash or Nicehash. Am I overlooking something? Anyone else experiencing this?


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: philipma1957 on February 03, 2015, 06:33:33 PM
I have been unable to get my S5 to accept Westhash or Nicehash. Am I overlooking something? Anyone else experiencing this?

screen shot the settings

what is the top setting.


stratum+tcp://stratum.westhash.com:3334   = pool


btc address                                                 = user



P=0.0102                                                    =   password set to a price  try a really low price like the one on the left.


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: Paul Revere on February 03, 2015, 06:41:39 PM
http://i877.photobucket.com/albums/ab338/JaggedSteel1/Westhash_S5_settings_zps059e2b0d.jpg

These settings work on all of my S3's. I have tried address with and without the //, pay limit password and no password (x), everything I could think of and I can not get my S5 to accept Westhash (or Nicehash). Always shows as dead.


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: nicehash on February 03, 2015, 06:58:22 PM
Hi,

Try specifically add stratum+tcp at the beginning of the pool string, exactly like this:


stratum+tcp://stratum.nicehash.com:3334#xnsub

or

stratum+tcp://stratum.westhash.com:3334#xnsub


(#xnsub parameter at the end enables extranonce.subcribe for better efficiency on our service)

Also, make absolutely sure you're using valid Bitcoin address for Worker name, validate it through https://blockchain.info/ Search field.


This should work. Also, are you using these S5 miners on the same location with the same public IP address as other miners of yours, which are running fine on WestHash/NiceHash?


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: Paul Revere on February 03, 2015, 07:09:18 PM
Thanks for the reply. I have tried using this exact address : stratum+tcp://stratum.nicehash.com:3334 , but I have never tried the extranonce. I have 4 S3's on Westhash right now, and they will all connect with or without the extra // prefix on the address. The Bitcoin address is definitely valid, it is the same one that the S3's are using. My miners are numbered 11-15, so I have the addition of worker on the end of address (Bitcoinaddress.11-.15) and I have also tried using no suffix on the S5 bitcoin address, as well as trying one of the other address's with a different suffix with no luck. I am stumped on this one, although I have a feeling it is something simple to fix.

Edit to add: Are you saying I should enter this entire address(including the stratum+tcp:)into the address bar on the S5? stratum+tcp://stratum.nicehash.com:3334


Edit again: I used the entire address including the stratum+tcp: prefix and it worked!

http://i877.photobucket.com/albums/ab338/JaggedSteel1/Westhash_S5_settings_solved_zps6fda29d9.jpg

http://i877.photobucket.com/albums/ab338/JaggedSteel1/Westhash_S5_settings_solved2_zps23d488ea.jpg

Solved! I figured it was something simple. Very strange that the S5 will not connect using the address without the stratum+tcp prefix but the S3's will.


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: dog1965 on February 05, 2015, 07:47:54 PM
[BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!

yea right BS!

I would like to know how to achieve that if it's legit which I doubt it sounds like a big fat ponzi scheme!


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: dog1965 on February 05, 2015, 07:49:20 PM
Is it really worth buying hashing power or its just a 100 percent loss ?

I just started using that site and I am lost.



Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: Paul Revere on February 05, 2015, 08:47:47 PM
Is it really worth buying hashing power or its just a 100 percent loss ?

I just started using that site and I am lost.

Usually you can rent out and get right at the projected BTC yield. That is better than any regular BTC pool is doing these days. Renting is usually done by people chasing pumped coins. Last week it was UNB.


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: RoadStress on February 05, 2015, 10:25:19 PM
Is it really worth buying hashing power or its just a 100 percent loss ?

I just started using that site and I am lost.



Rent some power and point it to this solo pool https://bitcointalk.org/index.php?topic=763510.0 to have a chance to win 25BTC :D


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: nicehash on February 05, 2015, 10:38:54 PM
Rent some power and point it to this solo pool https://bitcointalk.org/index.php?topic=763510.0 to have a chance to win 25BTC :D

Exactly! And you can make use of our fresh NiceHashBot which will help you sustain desired hashing power with a minimum effort and best price: https://github.com/nicehash/NiceHashBot


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!
Post by: jonnybravo0311 on February 09, 2015, 05:13:39 PM
[BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin up to +1000% profits atm!!!

yea right BS!

I would like to know how to achieve that if it's legit which I doubt it sounds like a big fat ponzi scheme!

It happened for a week back in December due to GAW launching the PoW phase of their coin.  People were paying outrageous prices to get gear to mine that coin which was supposed to have a $20 value floor.  That didn't hold for more than 30 minutes when the official GAW exchange opened up.

Anyway, I don't intend to drag this thread into the myriad others already discussing GAW and their coin, but I wanted to point out how it is that folks with gear on nice/westhash were indeed making 1000% during that timeframe :).


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits that direct mining BTC!
Post by: tlhIlwI on February 09, 2015, 06:13:43 PM
I've had 3 miners pointed to NiceHash/WestHash for when the payout is >3% above BTC and using BitAffNet as a secondary for the lower payout times and it has worked well until BitAffNet stopped paying (It's been over a week since payout and they just retroactively adjusted the payout to the new difficulty resulting in a 7.71% loss!).  I'm now looking for a new pool(s) for my secondary on these 3 miners since I'm done with BAN.

If I stick with PPS, I'm probably looking at a 4% pool and I'd set WestHash to 2% below BTC.  I'm not certain if this is the best (most profitable) approach though.

For those with experience doing so, how well does hopping on/off WestHash work with a PPLNS pool?  It would seem that with high N value it would even out, but the variance does make it difficult to determine.  Maybe speading out across multiple PPLNS pools could reduce the variance/risk from switching on/off WestHash?

What is a good value to set WestHash at when using along with PPLNS?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits that direct mining BTC!
Post by: aurel57 on February 10, 2015, 01:53:29 AM
I've had 3 miners pointed to NiceHash/WestHash for when the payout is >3% above BTC and using BitAffNet as a secondary for the lower payout times and it has worked well until BitAffNet stopped paying (It's been over a week since payout and they just retroactively adjusted the payout to the new difficulty resulting in a 7.71% loss!).  I'm now looking for a new pool(s) for my secondary on these 3 miners since I'm done with BAN.

If I stick with PPS, I'm probably looking at a 4% pool and I'd set WestHash to 2% below BTC.  I'm not certain if this is the best (most profitable) approach though.

For those with experience doing so, how well does hopping on/off WestHash work with a PPLNS pool?  It would seem that with high N value it would even out, but the variance does make it difficult to determine.  Maybe speading out across multiple PPLNS pools could reduce the variance/risk from switching on/off WestHash?

What is a good value to set WestHash at when using along with PPLNS?


Look for a p2pool node near you. Set your miners and wait and be patient.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits that direct mining BTC!
Post by: nicehash on February 17, 2015, 07:04:07 AM
Again there are currently some very well paying orders. Past 7 days average price is also good: +5% more then direct Bitcoin mining. You are welcome to join our service.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Rum152 on February 19, 2015, 02:46:41 AM
I have been mining on this pool for months now and I must admin, no issues so far. Payments are regular.

I simply don't understand why bother mining elsewhere. If you look at the 30 day chart, you see that NiceHash pays 1.5% more than Bitcoin mining. It is pay per share pool and it has 2% fee. That makes it -0.5% less than Bitcoin mining or in other words - as a 0.5% fee PPS pool. No other pool can survive this on long term. And I didn't consider the 10 fold payment increase that lasted whole week in december.

I don't even set p parameter. Because on long term, NiceHash pays more and additional pool switching just causes troubles with my antminers.

Whoever thinks that there are better paying pools out there should do the math and recalculate again.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: -ck on February 19, 2015, 04:42:49 AM
I have been mining on this pool for months now and I must admin, no issues so far. Payments are regular.

I simply don't understand why bother mining elsewhere. If you look at the 30 day chart, you see that NiceHash pays 1.5% more than Bitcoin mining. It is pay per share pool and it has 2% fee. That makes it -0.5% less than Bitcoin mining or in other words - as a 0.5% fee PPS pool. No other pool can survive this on long term. And I didn't consider the 10 fold payment increase that lasted whole week in december.

I don't even set p parameter. Because on long term, NiceHash pays more and additional pool switching just causes troubles with my antminers.

Whoever thinks that there are better paying pools out there should do the math and recalculate again.
Since nicehash is actually a proxy pool, you are not mining directly on the actual upstream pool. You are assuming there is no hit to performance by doing this. I've been trying to help someone with a large farm debug why they take a massive reject hit which far more than offsets the fee at certain times on nicehash and the fact it's a proxy pool is the only valid explanation. I've seen it do some funky mining with restarts every 3 seconds - no mining hardware can work efficiently with that.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on February 19, 2015, 08:32:55 AM
I have been mining on this pool for months now and I must admin, no issues so far. Payments are regular.

I simply don't understand why bother mining elsewhere. If you look at the 30 day chart, you see that NiceHash pays 1.5% more than Bitcoin mining. It is pay per share pool and it has 2% fee. That makes it -0.5% less than Bitcoin mining or in other words - as a 0.5% fee PPS pool. No other pool can survive this on long term. And I didn't consider the 10 fold payment increase that lasted whole week in december.

I don't even set p parameter. Because on long term, NiceHash pays more and additional pool switching just causes troubles with my antminers.

Whoever thinks that there are better paying pools out there should do the math and recalculate again.
Since nicehash is actually a proxy pool, you are not mining directly on the actual upstream pool. You are assuming there is no hit to performance by doing this. I've been trying to help someone with a large farm debug why they take a massive reject hit which far more than offsets the fee at certain times on nicehash and the fact it's a proxy pool is the only valid explanation. I've seen it do some funky mining with restarts every 3 seconds - no mining hardware can work efficiently with that.

Buyers of hashing power at NiceHash/WestHash are not only mining Bitcoin, they are also (sometimes) mining various other coins. Some of them are still at very low difficulty, switching jobs very fast, etc. Unfortunately manufacturers of ASIC miners are putting very weak controllers in their miners (saving a few $ in a machine, worth hundreds even thousands of $ :( ) with non-optimized software and are thus unable to process large number of shares/jobs/work-restarts. A typical example was KnC Titan (not SHA256, but an Scrypt miner) which was only able to mine Litecoins until the controller software was properly optimized. Recent example of a SHA256 miner that is having a few issues with rejects is AntMiner S5, hopefully Bitmain will improve it soon. If manufacturers would put a multi-core Raspberry Pie 2 in their miners (with a good controller software - I'm not talking only about cgminer/bfgminer, but also drivers, etc. handling of low difficulty coins, switching jobs very fast, proper handling of flushwork, etc.) there would be no issues. For example, there are no issues with sgminer mining any GPU based coin, running on PC (which always has a decent CPU). Probably there is also room for improvement in cgminer itself for these issues.

Anyway, we are aware of these issues and we've implemented measures to mitigate these issues a long time ago. We are rewarding providers (sellers) with extra shares paid by buyers when fast work restarts happens. If you are a seller it is very important for you to monitor the average mid-term hashrate, reported on our website (it is calculated from shares, rewarded to your miner) and the actual earnings, not only the hashrate or accept/reject ratio that is displayed by your miner hardware/software, since in some cases you will be rewarded for more then your miner is showing you in terms of hashrate. Details are explained in this FAQ (https://www.nicehash.com/index.jsp?p=faq#faqg3).


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: -ck on February 19, 2015, 09:37:45 AM
Buyers of hashing power at NiceHash/WestHash are not only mining Bitcoin, they are also (sometimes) mining various other coins. Some of them are still at very low difficulty, switching jobs very fast, etc. Unfortunately manufacturers of ASIC miners are putting very weak controllers in their miners (saving a few $ in a machine, worth hundreds even thousands of $ :( ) with non-optimized software and are thus unable to process large number of shares/jobs/work-restarts. A typical example was KnC Titan (not SHA256, but an Scrypt miner) which was only able to mine Litecoins until the controller software was properly optimized. Recent example of a SHA256 miner that is having a few issues with rejects is AntMiner S5, hopefully Bitmain will improve it soon. If manufacturers would put a multi-core Raspberry Pie 2 in their miners (with a good controller software - I'm not talking only about cgminer/bfgminer, but also drivers, etc. handling of low difficulty coins, switching jobs very fast, proper handling of flushwork, etc.) there would be no issues. For example, there are no issues with sgminer mining any GPU based coin, running on PC (which always has a decent CPU). Probably there is also room for improvement in cgminer itself for these issues.
Scrypt miners have nothing to do with this, and I object to you blaming cgminer or the hardware for these issues. 3 second restarts will cause a loss of 10-15% of hashrate no matter how powerful the controller. You are mining shitcoins and miners are losing income as a result, thinking the bonuses will make up for it somehow.  Being aware of the issues and planning to tackle them is good but please choose your scapegoats wisely.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on February 19, 2015, 01:29:12 PM
Buyers of hashing power at NiceHash/WestHash are not only mining Bitcoin, they are also (sometimes) mining various other coins. Some of them are still at very low difficulty, switching jobs very fast, etc. Unfortunately manufacturers of ASIC miners are putting very weak controllers in their miners (saving a few $ in a machine, worth hundreds even thousands of $ :( ) with non-optimized software and are thus unable to process large number of shares/jobs/work-restarts. A typical example was KnC Titan (not SHA256, but an Scrypt miner) which was only able to mine Litecoins until the controller software was properly optimized. Recent example of a SHA256 miner that is having a few issues with rejects is AntMiner S5, hopefully Bitmain will improve it soon. If manufacturers would put a multi-core Raspberry Pie 2 in their miners (with a good controller software - I'm not talking only about cgminer/bfgminer, but also drivers, etc. handling of low difficulty coins, switching jobs very fast, proper handling of flushwork, etc.) there would be no issues. For example, there are no issues with sgminer mining any GPU based coin, running on PC (which always has a decent CPU). Probably there is also room for improvement in cgminer itself for these issues.
Scrypt miners have nothing to do with this, and I object to you blaming cgminer or the hardware for these issues. 3 second restarts will cause a loss of 10-15% of hashrate no matter how powerful the controller. You are mining shitcoins and miners are losing income as a result, thinking the bonuses will make up for it somehow.  Being aware of the issues and planning to tackle them is good but please choose your scapegoats wisely.

ckolivas, we respect you as a cgminer developer and overall contributor to Bitcoin community and we are not looking for any scapegoats here ... we're just trying to run a service where both - owners of the mining devices and those who are seeking for hashing power to rent - can benefit. We'll continue to work with hardware and software providers to make sure that various crypto coins (not all of them are shitcoins) will be mineable by various mining devices.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Rum152 on February 19, 2015, 02:35:17 PM
I have been mining on this pool for months now and I must admin, no issues so far. Payments are regular.

I simply don't understand why bother mining elsewhere. If you look at the 30 day chart, you see that NiceHash pays 1.5% more than Bitcoin mining. It is pay per share pool and it has 2% fee. That makes it -0.5% less than Bitcoin mining or in other words - as a 0.5% fee PPS pool. No other pool can survive this on long term. And I didn't consider the 10 fold payment increase that lasted whole week in december.

I don't even set p parameter. Because on long term, NiceHash pays more and additional pool switching just causes troubles with my antminers.

Whoever thinks that there are better paying pools out there should do the math and recalculate again.
Since nicehash is actually a proxy pool, you are not mining directly on the actual upstream pool. You are assuming there is no hit to performance by doing this. I've been trying to help someone with a large farm debug why they take a massive reject hit which far more than offsets the fee at certain times on nicehash and the fact it's a proxy pool is the only valid explanation. I've seen it do some funky mining with restarts every 3 seconds - no mining hardware can work efficiently with that.

It works for me just as advertised and shown on front page. Like I said before.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kano on February 19, 2015, 08:57:16 PM
Buyers of hashing power at NiceHash/WestHash are not only mining Bitcoin, they are also (sometimes) mining various other coins. Some of them are still at very low difficulty, switching jobs very fast, etc. Unfortunately manufacturers of ASIC miners are putting very weak controllers in their miners (saving a few $ in a machine, worth hundreds even thousands of $ :( ) with non-optimized software and are thus unable to process large number of shares/jobs/work-restarts. A typical example was KnC Titan (not SHA256, but an Scrypt miner) which was only able to mine Litecoins until the controller software was properly optimized. Recent example of a SHA256 miner that is having a few issues with rejects is AntMiner S5, hopefully Bitmain will improve it soon. If manufacturers would put a multi-core Raspberry Pie 2 in their miners (with a good controller software - I'm not talking only about cgminer/bfgminer, but also drivers, etc. handling of low difficulty coins, switching jobs very fast, proper handling of flushwork, etc.) there would be no issues. For example, there are no issues with sgminer mining any GPU based coin, running on PC (which always has a decent CPU). Probably there is also room for improvement in cgminer itself for these issues.
Scrypt miners have nothing to do with this, and I object to you blaming cgminer or the hardware for these issues. 3 second restarts will cause a loss of 10-15% of hashrate no matter how powerful the controller. You are mining shitcoins and miners are losing income as a result, thinking the bonuses will make up for it somehow.  Being aware of the issues and planning to tackle them is good but please choose your scapegoats wisely.

ckolivas, we respect you as a cgminer developer and overall contributor to Bitcoin community and we are not looking for any scapegoats here ... we're just trying to run a service where both - owners of the mining devices and those who are seeking for hashing power to rent - can benefit. We'll continue to work with hardware and software providers to make sure that various crypto coins (not all of them are shitcoins) will be mineable by various mining devices.
Your wording was clearly choosing a scapegoat ... since you claimed the hardware and miner were at fault but provided no details of why the hardware or the miner were at fault.

Mining just BTC works fine.

As soon as you add merged mining that prioritises the merged mined coin above the BTC mining, to either make "extra profit" for you, or "extra payout" for your clients, of those merge mined coins, the result is loss of shares on BTC.

3 second restarts means that the merged mined coins are getting priority over the BTC restarts and miners are losing BTC.
Sounds like a REALLY bad idea to me ...


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on February 20, 2015, 05:14:19 AM
I never cared much for coin hopping tech.   I use nicehash - westhash at  kano's pool, ck's pool and mmpool.  all are btc and I commit for 24, 48 ,72 hours or more of rented hash at those pools.

 Coin hopping  needs to be limited to 1 hop an hour (pick a number)  not 1 every 3  seconds.  

  Basically here is why.  If I sell a 'magic' miner with magic software and point it to a  pool that switches every 5 seconds the edge vanishes  as people adapt it.

 A lot like a 500gh miner is now a piece of shit too small.

Or a 1 watt per gh miner is now power hungry.

So I make a phillie willy miner.  it is primed to switch super fast.  I point it to west/nice hash multipool  with exotic  custom software that kano and ck have been paid to develop.

 And for 30 days or 60 days it stays ahead.  Then someone reverse engineers the software the miner and west-nice hashes switching multi pool you are back to square one.

Guess what happened to BTC  it got weakened by it all.

Just study what gaw-zen did to price of coins with it methods.  I have supported west-nice hash and still will but in this case I am not big with switching pools.

 I saw what zen-gaw did to LTC and other alts.  I also see zen-gaw's methods as a threat to btc.  Now Nice/west is not doing that the hash is online pointed at various pools but it dilutes btc and we need more to point at btc only.  

Or anyone coin not 100 different coins. There is not enough room for all the coins and pop up coins.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: dog1965 on February 21, 2015, 12:51:54 AM
Nicehash and westhash are highway robbery there is no way you can make a profit it is all BS do the math.

 


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Rum152 on February 21, 2015, 09:07:21 AM
Nicehash and westhash are highway robbery there is no way you can make a profit it is all BS do the math.

 

You are saying this from buyers point of view? Me, as a seller, I constantly make profit, small, due to high electricity cost, but more than mining direct Bitcoins.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: mdude77 on February 21, 2015, 12:05:11 PM
Nicehash and westhash are highway robbery there is no way you can make a profit it is all BS do the math.

 

You are saying this from buyers point of view? Me, as a seller, I constantly make profit, small, due to high electricity cost, but more than mining direct Bitcoins.

I make a profit as well ... when the price is right.  Right now the price is wrong.  I'm not sure who would rent their rigs at 4% - 2% = 6% less than you'd get mining at a place like Eligius, where at minimum you make 99%, more if you configure your NMC.

Renters need to get their prices right...

M


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: dog1965 on February 21, 2015, 05:25:53 PM
Nicehash and westhash are highway robbery there is no way you can make a profit it is all BS do the math.

 

You are saying this from buyers point of view? Me, as a seller, I constantly make profit, small, due to high electricity cost, but more than mining direct Bitcoins.

I make a profit as well ... when the price is right.  Right now the price is wrong.  I'm not sure who would rent their rigs at 4% - 2% = 6% less than you'd get mining at a place like Eligius, where at minimum you make 99%, more if you configure your NMC.

Renters need to get their prices right...

M

Tried buying hash speed and renting my miners lost out both ways it all bs!

I will stay with Antpool pays much better and a lot less HW errors from all that coin switching which Nicehash keeps anyway as profit its all BS!




Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Paul Revere on February 22, 2015, 01:26:16 PM
Odd, I have made lots of BTC both renting out and renting. You have to apply some math skills to decide when to do either, dog. If you lack these skills it is likely best that you stick with something simpler.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: ElGabo on February 22, 2015, 02:19:22 PM
Could somebody explain why I see difference in the payments between on Nicehash stats page and my own miners page?

The stats shows 0.119 but at my miners page 0.095.

 ???


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehashdev on February 23, 2015, 11:24:17 PM
Buyers of hashing power at NiceHash/WestHash are not only mining Bitcoin, they are also (sometimes) mining various other coins. Some of them are still at very low difficulty, switching jobs very fast, etc. Unfortunately manufacturers of ASIC miners are putting very weak controllers in their miners (saving a few $ in a machine, worth hundreds even thousands of $ :( ) with non-optimized software and are thus unable to process large number of shares/jobs/work-restarts. A typical example was KnC Titan (not SHA256, but an Scrypt miner) which was only able to mine Litecoins until the controller software was properly optimized. Recent example of a SHA256 miner that is having a few issues with rejects is AntMiner S5, hopefully Bitmain will improve it soon. If manufacturers would put a multi-core Raspberry Pie 2 in their miners (with a good controller software - I'm not talking only about cgminer/bfgminer, but also drivers, etc. handling of low difficulty coins, switching jobs very fast, proper handling of flushwork, etc.) there would be no issues. For example, there are no issues with sgminer mining any GPU based coin, running on PC (which always has a decent CPU). Probably there is also room for improvement in cgminer itself for these issues.
Scrypt miners have nothing to do with this, and I object to you blaming cgminer or the hardware for these issues. 3 second restarts will cause a loss of 10-15% of hashrate no matter how powerful the controller. You are mining shitcoins and miners are losing income as a result, thinking the bonuses will make up for it somehow.  Being aware of the issues and planning to tackle them is good but please choose your scapegoats wisely.

ckolivas, we respect you as a cgminer developer and overall contributor to Bitcoin community and we are not looking for any scapegoats here ... we're just trying to run a service where both - owners of the mining devices and those who are seeking for hashing power to rent - can benefit. We'll continue to work with hardware and software providers to make sure that various crypto coins (not all of them are shitcoins) will be mineable by various mining devices.
Your wording was clearly choosing a scapegoat ... since you claimed the hardware and miner were at fault but provided no details of why the hardware or the miner were at fault.

Mining just BTC works fine.

As soon as you add merged mining that prioritises the merged mined coin above the BTC mining, to either make "extra profit" for you, or "extra payout" for your clients, of those merge mined coins, the result is loss of shares on BTC.

3 second restarts means that the merged mined coins are getting priority over the BTC restarts and miners are losing BTC.
Sounds like a REALLY bad idea to me ...

That is why we reward miners for often job switches. On some orders, that purely perform constant job switching, miners are rewarded very good. Example:

https://www.nicehash.com/download/extra.png

This miner was getting paid more than what kind of speed it has. Of course, we are trying to set these rewards to be equal to full miners speed, but this is long process and a lot of testing will have to be done before we find optimal formula. Currently miners are paid a bit more than what they should be in events of massive job switching.

No matter if your miner gets rapped by massive amounts of new jobs, our system will reward it with extra virtual shares.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: opentoe on March 07, 2015, 10:45:40 AM
My miners are hashing good (1 TH each) but when I view the stats page they are only doing 800 GH/sec. And the speed rejected is like %2 to %4. When I've tried other pools I was always at at least 980-1TH/sec. Any idea what that could be? I'm just trying out this pool for the first time today.


Also, does the mining default to PPLNS?
And I put D=1024 in the password, but it still cranks it up to 4096 by itself.

I'm strictly mining BTC, nothing special. The title of this thread says "higher profits than difect mining BTC", where are those higher profits coming from and how long after you start mining there you will see that?

I'm pretty familiar with settings up my pools, but this one seems a little confusing. I'm just a little more concerned with why the difficulty is jumping way up to 4096 when I set it at 1024 in the password field to 1024 using "D=1024" from help from a previous post.

Also why my hashing speeds on my miners here at home are going full blast but when I check the westhash site I have high speed rejected stats. Unless I'm just not understanding this pool and it's setup.

Thanks.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: loshia on March 07, 2015, 03:49:26 PM
The past higher profits left in thread title only..
About your other questions let us hope a pool op will come with an answer


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on March 07, 2015, 05:41:40 PM
My miners are hashing good (1 TH each) but when I view the stats page they are only doing 800 GH/sec. And the speed rejected is like %2 to %4. When I've tried other pools I was always at at least 980-1TH/sec. Any idea what that could be? I'm just trying out this pool for the first time today.


Also, does the mining default to PPLNS?
And I put D=1024 in the password, but it still cranks it up to 4096 by itself.

I'm strictly mining BTC, nothing special. The title of this thread says "higher profits than difect mining BTC", where are those higher profits coming from and how long after you start mining there you will see that?

I'm pretty familiar with settings up my pools, but this one seems a little confusing. I'm just a little more concerned with why the difficulty is jumping way up to 4096 when I set it at 1024 in the password field to 1024 using "D=1024" from help from a previous post.

Also why my hashing speeds on my miners here at home are going full blast but when I check the westhash site I have high speed rejected stats. Unless I'm just not understanding this pool and it's setup.

Thanks.

d=1024 is wrong  never use it.


use p= ?

p is for price you want to rent at.

So set it for p=0.0121  and you will skip the pool unless someone pays  that high .

one of my sp20e settings  so it looks at west and nice hash to see if I can sell high. right now I can't it goes to my third choice.

As an aside this ability to list more then 6 pools is on sp20e's and is very good for people using west and nice hash.

At no cost in hash or time it checks and skips west-nice hash until the time is right. then scoops in and gets  a high price automatically when it is available.

Basically if you have sp20e's and don't do a setup  like mine below you are throwing money away.

http://imagizer.imageshack.us/v2/1280x1024q90/661/uFwfOt.png
http://imagizer.imageshack.us/v2/1280x1024q90/673/JaBkWz.png


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on March 07, 2015, 06:43:36 PM
My miners are hashing good (1 TH each) but when I view the stats page they are only doing 800 GH/sec. And the speed rejected is like %2 to %4. When I've tried other pools I was always at at least 980-1TH/sec. Any idea what that could be? I'm just trying out this pool for the first time today.

AntMiner C1 is obviously having some issues, we'll try to provide an updated cgminer binary with extranonce.subscribe.

Also, does the mining default to PPLNS?

No, pure PPS.

I'm strictly mining BTC, nothing special. The title of this thread says "higher profits than difect mining BTC", where are those higher profits coming from and how long after you start mining there you will see that?

Our pool is a hash rate rental service and buyers of hashing power are willing to pay more for renting hashing power, that is why you are paid more then directly mining BTC.

I'm pretty familiar with settings up my pools, but this one seems a little confusing. I'm just a little more concerned with why the difficulty is jumping way up to 4096 when I set it at 1024 in the password field to 1024 using "D=1024" from help from a previous post.

Please take a look here: https://www.nicehash.com/index.jsp?p=faq#faqs9 and see the "Note:".

Also why my hashing speeds on my miners here at home are going full blast but when I check the westhash site I have high speed rejected stats. Unless I'm just not understanding this pool and it's setup.

Like I said, obviously C1s are having issues with our pool, we'll take a look at it.

The past higher profits left in thread title only..

Take a look at past 7 or 30 days at https://www.nicehash.com/index.jsp?p=stats, tab SHA256, it still pays more then directly mining BTC.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: opentoe on March 07, 2015, 07:27:53 PM
My miners are hashing good (1 TH each) but when I view the stats page they are only doing 800 GH/sec. And the speed rejected is like %2 to %4. When I've tried other pools I was always at at least 980-1TH/sec. Any idea what that could be? I'm just trying out this pool for the first time today.

AntMiner C1 is obviously having some issues, we'll try to provide an updated cgminer binary with extranonce.subscribe.

Also, does the mining default to PPLNS?

That would be great if I could update my cgminer. For now I have to switch off because of that. Just not reaching my miner's potential. And I've asked Bitmain to update the firmware too.

No, pure PPS.

I'm strictly mining BTC, nothing special. The title of this thread says "higher profits than difect mining BTC", where are those higher profits coming from and how long after you start mining there you will see that?

Our pool is a hash rate rental service and buyers of hashing power are willing to pay more for renting hashing power, that is why you are paid more then directly mining BTC.

I'm pretty familiar with settings up my pools, but this one seems a little confusing. I'm just a little more concerned with why the difficulty is jumping way up to 4096 when I set it at 1024 in the password field to 1024 using "D=1024" from help from a previous post.

Please take a look here: https://www.nicehash.com/index.jsp?p=faq#faqs9 and see the "Note:".

Ok, I'll take another look. It was late and I could of swore I saw to set the diff it was a D=. Thanks.

Also why my hashing speeds on my miners here at home are going full blast but when I check the westhash site I have high speed rejected stats. Unless I'm just not understanding this pool and it's setup.

Like I said, obviously C1s are having issues with our pool, we'll take a look at it.

The past higher profits left in thread title only..

Got it. And thanks for the info.




Take a look at past 7 or 30 days at https://www.nicehash.com/index.jsp?p=stats, tab SHA256, it still pays more then directly mining BTC.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: opentoe on March 08, 2015, 09:28:22 AM
There maybe other issues with the C1 miner on this proxy. I set it up so that my password was p=0.0117. Westhash was my first pool/proxy. Then I added my second pool. I reset my miners and they never started on the second pool, even though it indicated "live" in the status column. I think I have heard others talk about their rigs not jump down to the next pool. Any thoughts?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aurel57 on March 08, 2015, 11:07:49 AM
There maybe other issues with the C1 miner on this proxy. I set it up so that my password was p=0.0117. Westhash was my first pool/proxy. Then I added my second pool. I reset my miners and they never started on the second pool, even though it indicated "live" in the status column. I think I have heard others talk about their rigs not jump down to the next pool. Any thoughts?


My S5's jump down in and out of Westhash as my price is hit but I have had my S3's sometimes just get stuck after leaving Westhash and not failover to my next pool.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: MegaFall on March 08, 2015, 12:48:03 PM
Any reason why I can't connect my miners to WestHash? Can't get SHA or Scrpyt to connect. The SHA rig works fine pointing to another pool. I've double checked all the URLs and everything; everything is fine. As a matter of fact, they were working fine for the past month... just today they magically decided to no longer connect.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: MegaFall on March 08, 2015, 05:28:17 PM
Any reason why I can't connect my miners to WestHash? Can't get SHA or Scrpyt to connect. The SHA rig works fine pointing to another pool. I've double checked all the URLs and everything; everything is fine. As a matter of fact, they were working fine for the past month... just today they magically decided to no longer connect.
hmm... seems to be fixed now.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: opentoe on March 08, 2015, 07:56:37 PM
This is all I get with my C1's. And I did find an upgraded firmware that support #xnsub feature. I can connect to Westhash stratum just fine by itself, but if I put in a price in the password it doesn't jump to my second pool. Any ideas here?

http://www.photopiks.com/westhash.jpg
http://www.photopiks.com/westhash2.jpg


EDIT:
I may be getting somewhere. I used P=.015 and it started to mine on Westhash. I'm a little lost on what price to set there, so what would be a good average price set there?

I also want to change it to a very high price to see if it drops down to my backup pool as well.

Apparently if I use an upper case P in the password field for the price it will just mine there no matter what the price. I tried using P=.50 which is of course is way high and my miner "should" have jumped to my backup pool buy it stayed hashing on Westhas stratum. Soon as I change that upper case P to a lower case p my C1 doesn't mine at all on Westhash or jump down to backup pool. Technical issues with the Antminer C1 apparently.



Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: mdude77 on March 09, 2015, 10:08:45 PM
Apparently if I use an upper case P in the password field for the price it will just mine there no matter what the price. I tried using P=.50 which is of course is way high and my miner "should" have jumped to my backup pool buy it stayed hashing on Westhas stratum. Soon as I change that upper case P to a lower case p my C1 doesn't mine at all on Westhash or jump down to backup pool. Technical issues with the Antminer C1 apparently.

FYI I had the same problem with my S4.  I had to turn off the extranonce, otherwise it'd never failover to another pool when the price dropped.  I reported it in the S4 forums, and like most if not all Bitmain issues, it was ignored.

M


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: ElGabo on March 12, 2015, 09:47:58 AM
Apparently if I use an upper case P in the password field for the price it will just mine there no matter what the price. I tried using P=.50 which is of course is way high and my miner "should" have jumped to my backup pool buy it stayed hashing on Westhas stratum. Soon as I change that upper case P to a lower case p my C1 doesn't mine at all on Westhash or jump down to backup pool. Technical issues with the Antminer C1 apparently.

FYI I had the same problem with my S4.  I had to turn off the extranonce, otherwise it'd never failover to another pool when the price dropped.  I reported it in the S4 forums, and like most if not all Bitmain issues, it was ignored.

M

I have the same with all my S5-s.  :)


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aurel57 on March 12, 2015, 10:05:49 AM
Apparently if I use an upper case P in the password field for the price it will just mine there no matter what the price. I tried using P=.50 which is of course is way high and my miner "should" have jumped to my backup pool buy it stayed hashing on Westhas stratum. Soon as I change that upper case P to a lower case p my C1 doesn't mine at all on Westhash or jump down to backup pool. Technical issues with the Antminer C1 apparently.

FYI I had the same problem with my S4.  I had to turn off the extranonce, otherwise it'd never failover to another pool when the price dropped.  I reported it in the S4 forums, and like most if not all Bitmain issues, it was ignored.

M

I have the same with all my S5-s.  :)

I wonder if its a firmware issue as my S5's work great but my S3's are a hit and miss as they most of the time failover but sometimes the get stuck and are not hashing anywhere.

ElGabo are you using a P or p? I have always used a lower case but after reading above I wonder if that is your problem?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: ElGabo on March 16, 2015, 08:59:19 PM
Apparently if I use an upper case P in the password field for the price it will just mine there no matter what the price. I tried using P=.50 which is of course is way high and my miner "should" have jumped to my backup pool buy it stayed hashing on Westhas stratum. Soon as I change that upper case P to a lower case p my C1 doesn't mine at all on Westhash or jump down to backup pool. Technical issues with the Antminer C1 apparently.

FYI I had the same problem with my S4.  I had to turn off the extranonce, otherwise it'd never failover to another pool when the price dropped.  I reported it in the S4 forums, and like most if not all Bitmain issues, it was ignored.

M

I have the same with all my S5-s.  :)

I wonder if its a firmware issue as my S5's work great but my S3's are a hit and miss as they most of the time failover but sometimes the get stuck and are not hashing anywhere.

ElGabo are you using a P or p? I have always used a lower case but after reading above I wonder if that is your problem?

I'm using p. Will try out tomorrow with P.

My S5-s working fine if I don't use #xnsub.

My S3-s working good... (As far as I checked them.)


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: adaseb on March 17, 2015, 01:18:28 AM
This is a good pool but the only issue I have is that the "server requested stratum restart" is annoying because I am mining this at my apartment and the lights constantely flicker whenever it does this.

I think it happens when its switching jobs. The miner shut off momentarily and the power consumption goes down and up, and therefore inrush current. Kind of like what happens when the AC kicks on.

Sometimes it only happens once an hour because its mining BTC but it happens like every 5 minutes or so when its mining those altcoins.

But other than that I have no complaints, good reliable pool, great rates, and payments always on time.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: opentoe on March 17, 2015, 05:15:34 AM
Where would you go to get a good price to input on the password line? I have an S5 that I want to try it out on. The C1's never worked with it at all unless I was mining %100 on Westhash.com.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Paul Revere on March 21, 2015, 12:54:51 AM
Where would you go to get a good price to input on the password line? I have an S5 that I want to try it out on. The C1's never worked with it at all unless I was mining %100 on Westhash.com.

I set it maybe 5-10% lower than the Coinwarz predicted return for 1 TH. The best pools average maybe 95% of predicted payout (most are usually more like 85-90% after you factor in the fee), so that is the price line you want to be above.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kano on March 21, 2015, 01:00:41 AM
Where would you go to get a good price to input on the password line? I have an S5 that I want to try it out on. The C1's never worked with it at all unless I was mining %100 on Westhash.com.

I set it maybe 5-10% lower than the Coinwarz predicted return for 1 TH. The best pools average maybe 95% of predicted payout (most are usually more like 85-90% after you factor in the fee), so that is the price line you want to be above.
Those numbers are rubbish.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Paul Revere on March 22, 2015, 01:43:53 PM
Where would you go to get a good price to input on the password line? I have an S5 that I want to try it out on. The C1's never worked with it at all unless I was mining %100 on Westhash.com.

I set it maybe 5-10% lower than the Coinwarz predicted return for 1 TH. The best pools average maybe 95% of predicted payout (most are usually more like 85-90% after you factor in the fee), so that is the price line you want to be above.
Those numbers are rubbish.

Please explain. Are you saying there are pools that average over 95% of predicted payout? Please enlighten all of us about these pools. Where are they hiding?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kano on March 23, 2015, 12:25:29 AM
Where would you go to get a good price to input on the password line? I have an S5 that I want to try it out on. The C1's never worked with it at all unless I was mining %100 on Westhash.com.

I set it maybe 5-10% lower than the Coinwarz predicted return for 1 TH. The best pools average maybe 95% of predicted payout (most are usually more like 85-90% after you factor in the fee), so that is the price line you want to be above.
Those numbers are rubbish.

Please explain. Are you saying there are pools that average over 95% of predicted payout? Please enlighten all of us about these pools. Where are they hiding?
Well your comment says "The best pools average maybe 95% of predicted payout (most are usually more like 85-90% after you factor in the fee)"

So either "most" means something else in your world or ... you're delusional.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Paul Revere on March 23, 2015, 01:30:48 AM
Where would you go to get a good price to input on the password line? I have an S5 that I want to try it out on. The C1's never worked with it at all unless I was mining %100 on Westhash.com.

I set it maybe 5-10% lower than the Coinwarz predicted return for 1 TH. The best pools average maybe 95% of predicted payout (most are usually more like 85-90% after you factor in the fee), so that is the price line you want to be above.
Those numbers are rubbish.

Please explain. Are you saying there are pools that average over 95% of predicted payout? Please enlighten all of us about these pools. Where are they hiding?
Well your comment says "The best pools average maybe 95% of predicted payout (most are usually more like 85-90% after you factor in the fee)"

So either "most" means something else in your world or ... you're delusional.

Excuse me, but you failed to explain anything. I can assure you that I am anything but delusional, and I take offense at your crass, unwarranted, and unsubstantiated insult.  You said my numbers are rubbish, and I asked you to explain. Do you intend to do explain why you think my numbers are rubbish, or just hurl insults instead of explaining yourself?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kano on March 23, 2015, 01:38:02 AM
Where would you go to get a good price to input on the password line? I have an S5 that I want to try it out on. The C1's never worked with it at all unless I was mining %100 on Westhash.com.

I set it maybe 5-10% lower than the Coinwarz predicted return for 1 TH. The best pools average maybe 95% of predicted payout (most are usually more like 85-90% after you factor in the fee), so that is the price line you want to be above.
Those numbers are rubbish.

Please explain. Are you saying there are pools that average over 95% of predicted payout? Please enlighten all of us about these pools. Where are they hiding?
Well your comment says "The best pools average maybe 95% of predicted payout (most are usually more like 85-90% after you factor in the fee)"

So either "most" means something else in your world or ... you're delusional.

Excuse me, but you failed to explain anything. I can assure you that I am anything but delusional, and I take offense at your crass, unwarranted, and unsubstantiated insult.  You said my numbers are rubbish, and I asked you to explain. Do you intend to do explain why you think my numbers are rubbish, or just hurl insults instead of explaining yourself?
Well you've made a completely unable to be substantiated claim that most pools pay 85% to 90% ... so you should be able to find a lot that do that since you said most.
Name this list of "most" pools.
I'm curious about them all - I seem to have never heard of "MOST" of them.
I'm having difficulty finding even a few ...


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Paul Revere on March 23, 2015, 02:51:44 AM
Where would you go to get a good price to input on the password line? I have an S5 that I want to try it out on. The C1's never worked with it at all unless I was mining %100 on Westhash.com.

I set it maybe 5-10% lower than the Coinwarz predicted return for 1 TH. The best pools average maybe 95% of predicted payout (most are usually more like 85-90% after you factor in the fee), so that is the price line you want to be above.
Those numbers are rubbish.

Please explain. Are you saying there are pools that average over 95% of predicted payout? Please enlighten all of us about these pools. Where are they hiding?
Well your comment says "The best pools average maybe 95% of predicted payout (most are usually more like 85-90% after you factor in the fee)"

So either "most" means something else in your world or ... you're delusional.

Excuse me, but you failed to explain anything. I can assure you that I am anything but delusional, and I take offense at your crass, unwarranted, and unsubstantiated insult.  You said my numbers are rubbish, and I asked you to explain. Do you intend to do explain why you think my numbers are rubbish, or just hurl insults instead of explaining yourself?
Well you've made a completely unable to be substantiated claim that most pools pay 85% to 90% ... so you should be able to find a lot that do that since you said most.
Name this list of "most" pools.
I'm curious about them all - I seem to have never heard of "MOST" of them.
I'm having difficulty finding even a few ...

I will repeat this again. You said my numbers were rubbish.  Please explain your statement accusing me of stating rubbish or retract it and apologize.  The numbers I quoted are from my experience, if you want to refute them, then by all means do so and please provide proof and explain to me (and all of us), otherwise. I ask that you refrain from insulting me and keep these random insults to yourself.  I am quite honestly shocked that someone of your supposed stature in this community would go around making such a statement and then refuse to explain what you mean.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kano on March 23, 2015, 04:13:57 AM
...
I will repeat this again. You said my numbers were rubbish.  Please explain your statement accusing me of stating rubbish or retract it and apologize.  The numbers I quoted are from my experience, if you want to refute them, then by all means do so and please provide proof and explain to me (and all of us), otherwise. I ask that you refrain from insulting me and keep these random insults to yourself.  I am quite honestly shocked that someone of your supposed stature in this community would go around making such a statement and then refuse to explain what you mean.
Above 95% kano.is, btcguild, BAN, p2pool, slush, bitminter
Not sure about eligius, discus fish or antpool but they would be above 90% at least.

Most pools I know of charge less than 5% fees and thus most of those pools are above 95%

And here I'll make it easy for you to actually look at some reliable statistics, rather than random ignorant hearsay.
https://bitcointalk.org/index.php?topic=77000.0
I'll leave it to you to try work out how to click on the links on that page and work out how to make sense of it, if you can.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on March 23, 2015, 09:45:14 AM
You seriously need to get rid of the ability for people to do unlimited orders. People are fucking dickbags and jump in and eat up all of the hashing power when people have had a steady stream of hashing power for hours and then they get abruptly cut off because of fucking assholes. Cap it a 1/3 of the total speed available.


And don't tell me to increase my bid... if that's your answer, you're losing my business for ever.

Getting rid of this is pointless.

Buyers can place multiple orders. If we cap each order at 1/3 of max, then whoever wants to take all hashpower can simply create 3 orders with same price. If we limit number of orders per customer, then customer may use multiple accounts. If we limit customers by IP, then customers may use VPNs or proxies.

I hope you understand that now. We have always leaned towards free market - no limitations. If you want to get guaranteed hashing power, we recommend you to place fixed order.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aurel57 on March 23, 2015, 12:01:23 PM
...
I will repeat this again. You said my numbers were rubbish.  Please explain your statement accusing me of stating rubbish or retract it and apologize.  The numbers I quoted are from my experience, if you want to refute them, then by all means do so and please provide proof and explain to me (and all of us), otherwise. I ask that you refrain from insulting me and keep these random insults to yourself.  I am quite honestly shocked that someone of your supposed stature in this community would go around making such a statement and then refuse to explain what you mean.
Above 95% kano.is, btcguild, BAN, p2pool, slush, bitminter
Not sure about eligius, discus fish or antpool but they would be above 90% at least.

Most pools I know of charge less than 5% fees and thus most of those pools are above 95%

And here I'll make it easy for you to actually look at some reliable statistics, rather than random ignorant hearsay.
https://bitcointalk.org/index.php?topic=77000.0
I'll leave it to you to try work out how to click on the links on that page and work out how to make sense of it, if you can.

Kano I think DFish would be in that group as well seeing they pay PPS and only charge a 4% fee which should put them at 96%


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Paul Revere on March 23, 2015, 02:06:15 PM
...
I will repeat this again. You said my numbers were rubbish.  Please explain your statement accusing me of stating rubbish or retract it and apologize.  The numbers I quoted are from my experience, if you want to refute them, then by all means do so and please provide proof and explain to me (and all of us), otherwise. I ask that you refrain from insulting me and keep these random insults to yourself.  I am quite honestly shocked that someone of your supposed stature in this community would go around making such a statement and then refuse to explain what you mean.
Above 95% kano.is, btcguild, BAN, p2pool, slush, bitminter
Not sure about eligius, discus fish or antpool but they would be above 90% at least.

Most pools I know of charge less than 5% fees and thus most of those pools are above 95%

And here I'll make it easy for you to actually look at some reliable statistics, rather than random ignorant hearsay.
https://bitcointalk.org/index.php?topic=77000.0
I'll leave it to you to try work out how to click on the links on that page and work out how to make sense of it, if you can.

I very clearly stated that I was talking about the actual payout as a percentage of the predicted payout per THs. I have no idea what you are talking about, but it clearly has nothing to do with what I stated. As an example, here is a screen I just took from Slush:

http://i.imgur.com/oMY5QmE.jpg

This month Slush has paid 87% of predicted payout minus 2% fees. My math says that is 85%. You are free to believe 87=100 I guess, but please stop making bullshit accusations against me when you are clearly and provably wrong. I am not sure exactly what your agenda is here, apparently you have some beef with Nicehash and just ended up randomly attacking me because I posted here.

Edit to add: Here is my original post answering a question about what is a good price point to choose for renting out your rigs on Nicehash, and I was kind enough to share my thoughts on the matter based on direct experience.

Where would you go to get a good price to input on the password line? I have an S5 that I want to try it out on. The C1's never worked with it at all unless I was mining %100 on Westhash.com.

I set it maybe 5-10% lower than the Coinwarz predicted return for 1 TH. The best pools average maybe 95% of predicted payout (most are usually more like 85-90% after you factor in the fee), so that is the price line you want to be above.

My post is actually spot on. Antpool has been averaging ~95% of predicted payout over a month period, and that is the best pool that I am personally aware of right now. Again, if you are aware of a pool that is paying higher than that, then please enlighten all of us so we can go there as well.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: MegaFall on March 23, 2015, 02:33:03 PM
You seriously need to get rid of the ability for people to do unlimited orders. People are fucking dickbags and jump in and eat up all of the hashing power when people have had a steady stream of hashing power for hours and then they get abruptly cut off because of fucking assholes. Cap it a 1/3 of the total speed available.


And don't tell me to increase my bid... if that's your answer, you're losing my business for ever.

Getting rid of this is pointless.

Buyers can place multiple orders. If we cap each order at 1/3 of max, then whoever wants to take all hashpower can simply create 3 orders with same price. If we limit number of orders per customer, then customer may use multiple accounts. If we limit customers by IP, then customers may use VPNs or proxies.

I hope you understand that now. We have always leaned towards free market - no limitations. If you want to get guaranteed hashing power, we recommend you to place fixed order.

Cool you lost my business. So you can go fuck yourselves. You fucking dumbasses.... you just bought yourself a competitor I'll be launching within 8 months.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Digitalmocking on March 23, 2015, 03:37:22 PM
...
I will repeat this again. You said my numbers were rubbish.  Please explain your statement accusing me of stating rubbish or retract it and apologize.  The numbers I quoted are from my experience, if you want to refute them, then by all means do so and please provide proof and explain to me (and all of us), otherwise. I ask that you refrain from insulting me and keep these random insults to yourself.  I am quite honestly shocked that someone of your supposed stature in this community would go around making such a statement and then refuse to explain what you mean.
Above 95% kano.is, btcguild, BAN, p2pool, slush, bitminter
Not sure about eligius, discus fish or antpool but they would be above 90% at least.

Most pools I know of charge less than 5% fees and thus most of those pools are above 95%

And here I'll make it easy for you to actually look at some reliable statistics, rather than random ignorant hearsay.
https://bitcointalk.org/index.php?topic=77000.0
I'll leave it to you to try work out how to click on the links on that page and work out how to make sense of it, if you can.

I very clearly stated that I was talking about the actual payout as a percentage of the predicted payout per THs. I have no idea what you are talking about, but it clearly has nothing to do with what I stated. As an example, here is a screen I just took from Slush:

http://i.imgur.com/oMY5QmE.jpg

This month Slush has paid 87% of predicted payout minus 2% fees. My math says that is 85%. You are free to believe 87=100 I guess, but please stop making bullshit accusations against me when you are clearly and provably wrong. I am not sure exactly what your agenda is here, apparently you have some beef with Nicehash and just ended up randomly attacking me because I posted here.

Edit to add: Here is my original post answering a question about what is a good price point to choose for renting out your rigs on Nicehash, and I was kind enough to share my thoughts on the matter based on direct experience.

Where would you go to get a good price to input on the password line? I have an S5 that I want to try it out on. The C1's never worked with it at all unless I was mining %100 on Westhash.com.

I set it maybe 5-10% lower than the Coinwarz predicted return for 1 TH. The best pools average maybe 95% of predicted payout (most are usually more like 85-90% after you factor in the fee), so that is the price line you want to be above.

My post is actually spot on. Antpool has been averaging ~95% of predicted payout over a month period, and that is the best pool that I am personally aware of right now. Again, if you are aware of a pool that is paying higher than that, then please enlighten all of us so we can go there as well.

kano.is is at 105.21% (http://kano.is/index.php?k=blocks) over expected results over the last 195 blocks since the inception of the pool with a .9% fee.  This is the pool Kano runs. 

As a side note, you sound like a complete jerk, I hope you're nicer in conversations in the real world.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Paul Revere on March 23, 2015, 03:42:24 PM
Then why did he not simply say that instead of spouting a bunch of easily proven false non-sense and attacking me personally? I offered help to a fellow miner and was attacked by Kano for doing so. If that is what you call being a jerk you and I are not using the same dictionary.

P.S: I will let you know when I start valuing the opinion of someone who is farming an account so that it can be sold and used to shill the next new shitcoin scam, uhmkay?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Digitalmocking on March 23, 2015, 03:58:13 PM
Then why did he not simply say that instead of spouting a bunch of easily proven false non-sense and attacking me personally? I offered help to a fellow miner and was attacked by Kano for doing so. If that is what you call being a jerk you and I are not using the same dictionary.

P.S: I will let you know when I start valuing the opinion of someone who is farming an account so that it can be sold and used to shill the next new shitcoin scam, uhmkay?

edit: you aren't worth it.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kano on March 23, 2015, 11:09:20 PM
...
I will repeat this again. You said my numbers were rubbish.  Please explain your statement accusing me of stating rubbish or retract it and apologize.  The numbers I quoted are from my experience, if you want to refute them, then by all means do so and please provide proof and explain to me (and all of us), otherwise. I ask that you refrain from insulting me and keep these random insults to yourself.  I am quite honestly shocked that someone of your supposed stature in this community would go around making such a statement and then refuse to explain what you mean.
Above 95% kano.is, btcguild, BAN, p2pool, slush, bitminter
Not sure about eligius, discus fish or antpool but they would be above 90% at least.

Most pools I know of charge less than 5% fees and thus most of those pools are above 95%

And here I'll make it easy for you to actually look at some reliable statistics, rather than random ignorant hearsay.
https://bitcointalk.org/index.php?topic=77000.0
I'll leave it to you to try work out how to click on the links on that page and work out how to make sense of it, if you can.

I very clearly stated that I was talking about the actual payout as a percentage of the predicted payout per THs. I have no idea what you are talking about, but it clearly has nothing to do with what I stated. As an example, here is a screen I just took from Slush:

http://i.imgur.com/oMY5QmE.jpg

This month Slush has paid 87% of predicted payout minus 2% fees. My math says that is 85%. You are free to believe 87=100 I guess, but please stop making bullshit accusations against me when you are clearly and provably wrong. I am not sure exactly what your agenda is here, apparently you have some beef with Nicehash and just ended up randomly attacking me because I posted here.

Edit to add: Here is my original post answering a question about what is a good price point to choose for renting out your rigs on Nicehash, and I was kind enough to share my thoughts on the matter based on direct experience.

Where would you go to get a good price to input on the password line? I have an S5 that I want to try it out on. The C1's never worked with it at all unless I was mining %100 on Westhash.com.

I set it maybe 5-10% lower than the Coinwarz predicted return for 1 TH. The best pools average maybe 95% of predicted payout (most are usually more like 85-90% after you factor in the fee), so that is the price line you want to be above.

My post is actually spot on. Antpool has been averaging ~95% of predicted payout over a month period, and that is the best pool that I am personally aware of right now. Again, if you are aware of a pool that is paying higher than that, then please enlighten all of us so we can go there as well.
OK, you don't understand what that screen means.
I get that now. You are talking about luck. Oddly enough, luck is out of any pool's control and changes all the time.
It goes up and goes down.

If a pool pays PPS then luck has no immediate effect on what you are paid ... other than a higher fee.
(or without a higher fee, the pool is at risk of running out of BTC to pay you and eventually going broke)

If a pool pays PPLNS then luck decides your daily payouts.

If a pool pays anything else, run away.
Slush also has a rather nasty catch - if you stop mining for a short while before a block is found, you can lose ALL your payout in that block.

So back onto PPLNS:
If you take the luck into consideration when deciding about mining at a pool, then you will be chasing luck ... which of course doesn't work, and is also purely ignorant of one of the most central things to understand about block finding.
You can't predict a pool's luck in advance no matter how many life prediction phone services you call ...

Most pools are only a small % of the network, so statistics states quite clearly that you'd need many months of data to be able to compare the luck.
But even then, the comparison wouldn't be definitive.
It's simplest to say that the luck should even out over time - and unless the pool is untrustworthy and steals BTC from the miners - then indeed over time the pool is expected, on average, to payout the expected BTC less the fee.

Also, you don't need to visit a web site to work out what the expected BTC payout is per day, you can work it out yourself to be sure it is correct.
Current Network Diff is the only number you need to look up and that you can get from your own bitcoin at home - which you SHOULD be running :)
On the comand line: bitcoin-cli getinfo
In bitcoin-qt: Menu go to Help->Debug window, click on the Console tab, type "getinfo<return>" and it says "difficulty"

"difficulty" : 46717549644.70642090,

Call that 'D' and lets say you have 'T' total THs

Your expected PPS, 0% fee, BTC per day is: T * 24 * 60 * 60 * 25 * 10^12 / D * 2^32 ... or ... ~ 5.03*10^8 * T / D
So at the moment 1THs would have an expect average of ~0.010765... BTC a day

... and in case you were wondering where ~5.03*10^8 comes from ...
24*60*60 = the number of seconds in a day
2^32 = the number of hashes in 1 difficulty
10^12 = the number of hashes in 1TH


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Paul Revere on March 23, 2015, 11:15:01 PM
What the fuck ever, Kano. My numbers are in fact correct when calculating what you will actually get paid when you compare that to the predicted payout. That is precisely what the poster was asking when I answered his question. Why you get paid a certain amount on different pools was not being discussed and you are just trying to obfuscate things by introducing strawman arguments.

 You should have just told me that you were running a pool and you were here to try to drive people away from here to your pool, it would have saved a lot of keystrokes.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aurel57 on March 23, 2015, 11:36:07 PM
Full moon tonight?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kano on March 24, 2015, 12:17:07 AM
What the fuck ever, Kano. My numbers are in fact correct when calculating what you will actually get paid when you compare that to the predicted payout. That is precisely what the poster was asking when I answered his question. Why you get paid a certain amount on different pools was not being discussed and you are just trying to obfuscate things by introducing strawman arguments.

 You should have just told me that you were running a pool and you were here to try to drive people away from here to your pool, it would have saved a lot of keystrokes.
LOL - seriously, learn a bit about pools and payouts, so you can avoid giving incorrect advice to people.

Edit: and your reply above is a lie that you even missed that point that you yourself said "most" pools:
...
I set it maybe 5-10% lower than the Coinwarz predicted return for 1 TH. The best pools average maybe 95% of predicted payout (most are usually more like 85-90% after you factor in the fee), so that is the price line you want to be above.
... "most" is why I replied in the first place if you actually bothered to read any of my replies ...


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Paul Revere on March 24, 2015, 12:27:31 PM
Kano: The question posed by another member that I replied to was not asking about why pools have a certain rate of return compared to the predicted payout at a certain difficulty. He was asking what the best price point to rent his miners at here was and I told him, and those numbers are accurate. You said they were rubbish, and they are not. The best way to utilize Nicehash is to set your miner's password right at what the average payout of your failover pool is. As an example, Slush. Slush paid out 85% of the predicted yield last month.  You have gone on at length trying to explain why this is so (luck) , and that is simply not relevant. The fact is that miners on Slush were paid 85% of the predicted payout, therefore, if you want to maximize profits the best strategy for using Nicehash to do so is to set the price cutoff at the expected payout of your failover pool. That way , when bids that will pay higher than your failover pool are available you will get paid higher than you otherwise would. By the way, I actually understand the math behind calculating luck just fine, so your lengthy dissertation on this topic which was irrelevant to the question posed was wasted on me.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kano on March 24, 2015, 12:49:39 PM
Kano: The question posed by another member that I replied to was not asking about why pools have a certain rate of return compared to the predicted payout at a certain difficulty. He was asking what the best price point to rent his miners at here was and I told him, and those numbers are accurate. You said they were rubbish, and they are not. The best way to utilize Nicehash is to set your miner's password right at what the average payout of your failover pool is. As an example, Slush. Slush paid out 85% of the predicted yield last month.  You have gone on at length trying to explain why this is so (luck) , and that is simply not relevant. The fact is that miners on Slush were paid 85% of the predicted payout, therefore, if you want to maximize profits the best strategy for using Nicehash to do so is to set the price cutoff at the expected payout of your failover pool. That way , when bids that will pay higher than your failover pool are available you will get paid higher than you otherwise would. By the way, I actually understand the math behind calculating luck just fine, so your lengthy dissertation on this topic which was irrelevant to the question posed was wasted on me.
Still trying to back out on what you said - lol.

Yet again I say go read my first 2 replies.
They are replies to the fact that you said something that was complete bullshit.
You said MOST pools are 85% to 90%
That is complete bullshit.

I would also actually point out that your suggested price cut off is also wrong.
Hopefully no one takes any notice of that crap from you and loses BTC because of it.

Now the last and most relevant point:
You are now quite explicitly saying that since Slush's luck for the past month produce an 85% payout for whatever that account was with the crappy payout, then all account on Slush will get that crappy 85% payout in the future.
That is just pure stupid lack of understanding mining.

I'd very much doubt anyone else would be stupid enough to not understand the facts I've stated and hopefully no one would be stupid enough to listen to you who wont back out when you screwed up and said something that is wrong.

I still have actually no idea where you could even come up with that rubbish stating that most pools are 85% to 90%.
You haven't anywhere backed up that statement with facts whatsoever. Cos there are none.

My first post on the subject still stands - those numbers are rubbish.

End of story. I've wasted too much time on this.

Edit: slush found 10 blocks in 12 hours today ... I rest my case.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: blumenkr4ft on March 24, 2015, 03:53:16 PM
My numbers are in fact correct when calculating what you will actually get paid when you compare that to the predicted payout.

Sorry, but the numbers aren't correct (in this context). If you take luck as a measurement you can only say what happened in the past. Pool luck is not a constant thing. It's going up and down all the time and there is no way in predicting the future luck.



Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Paul Revere on March 24, 2015, 07:00:22 PM
My numbers are in fact correct when calculating what you will actually get paid when you compare that to the predicted payout.

Sorry, but the numbers aren't correct (in this context). If you take luck as a measurement you can only say what happened in the past. Pool luck is not a constant thing. It's going up and down all the time and there is no way in predicting the future luck.



The best you can do is use the current rate of payout. Ancient history does not matter, but current luck, or lack thereof, is the only thing you can use. You are quite free to not look at current rates when choosing what pool to use, by all means, please go right ahead and use the one that is currently paying the least, be it due to luck or skimming or whatever.

P.S: In the future I will try not to share what works for me based on direct experience, I can see how well that works here when you have people trying to promote their own pools attacking you. I can however assure anyone who actually cares about getting the maximum return from their miners that my rates of payout using exactly the method described in that post are well above any of the pools I have personally tried on their own. Have a nice day, and by all means, Kano, continue attacking Nicehash in an effort to drive miners to your pool, that is pure class, bro!


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kano on March 24, 2015, 11:25:19 PM
My numbers are in fact correct when calculating what you will actually get paid when you compare that to the predicted payout.

Sorry, but the numbers aren't correct (in this context). If you take luck as a measurement you can only say what happened in the past. Pool luck is not a constant thing. It's going up and down all the time and there is no way in predicting the future luck.



The best you can do is use the current rate of payout. Ancient history does not matter, but current luck, or lack thereof, is the only thing you can use. You are quite free to not look at current rates when choosing what pool to use, by all means, please go right ahead and use the one that is currently paying the least, be it due to luck or skimming or whatever.

P.S: In the future I will try not to share what works for me based on direct experience, I can see how well that works here when you have people trying to promote their own pools attacking you. I can however assure anyone who actually cares about getting the maximum return from their miners that my rates of payout using exactly the method described in that post are well above any of the pools I have personally tried on their own. Have a nice day, and by all means, Kano, continue attacking Nicehash in an effort to drive miners to your pool, that is pure class, bro!
Sigh, and I was hoping to not have to post any more.
But I wont stand for you posting lies about me.
Funny how instead of admitting you are wrong, you instead add more lies.

Nowhere have I attacked NiceHash in anything I've said, unless you are NiceHash?
Would the thread OP like to verify that indeed this fool is not NiceHash?
Pointing out the stupidity of listening to you is a good service to NiceHash customers.

Again stating that you think current pool luck will determine future pool luck.

And finally a rather important thing to understand from statistics (that no doubt you wont understand)
Sample vs Population

You are quite literally saying the same as:
I rolled a dice 18 times and got 4 threes.
Everyone else will roll 4 threes if they roll a dice 18 times.

Now lets see if you can see understand how stupid that is :)
Not sure if you can.
But if you do, then maybe you'll even realise you've said the equivalent of that repeatedly.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on March 24, 2015, 11:33:15 PM
Where would you go to get a good price to input on the password line? I have an S5 that I want to try it out on. The C1's never worked with it at all unless I was mining %100 on Westhash.com.

I set it maybe 5-10% lower than the Coinwarz predicted return for 1 TH. The best pools average maybe 95% of predicted payout (most are usually more like 85-90% after you factor in the fee), so that is the price line you want to be above.

dude you set over not under the bitcoinwisdom prediction.  you do it to  help prevent excessive switching.   

for now 0.01078   is 1 th a day.

 so do 0.0120  as in p = 0.0120

then use

 f2pool
kano's pool
or ban as second choice


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aurel57 on March 25, 2015, 01:23:52 AM
Where would you go to get a good price to input on the password line? I have an S5 that I want to try it out on. The C1's never worked with it at all unless I was mining %100 on Westhash.com.

I set it maybe 5-10% lower than the Coinwarz predicted return for 1 TH. The best pools average maybe 95% of predicted payout (most are usually more like 85-90% after you factor in the fee), so that is the price line you want to be above.

dude you set over not under the bitcoinwisdom prediction.  you do it to  help prevent excessive switching.   

for now 0.01078   is 1 th a day.

 so do 0.0120  as in p = 0.0120

then use

 f2pool
kano's pool
or ban as second choice

I would no longer recommend BAN as a pool. Their payouts are getting worse. My payout is late going on 60+ hours. They are behind on over 100BTC in payments with all their blocks confirmed as they state on their pools website.

Our combined oustanding balance in queue to be paid is 115.34408460 Bitcoin.
There are 0 mined blocks waiting to mature, totalling 0 Bitcoin


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: IYFTech on March 25, 2015, 01:57:27 AM
I would no longer recommend BAN as a pool.

Completely agree. Dodgy pool run by a scammer.

I wouldn't touch BAN with a shitty stick  :D


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Paul Revere on March 25, 2015, 01:16:25 PM
Where would you go to get a good price to input on the password line? I have an S5 that I want to try it out on. The C1's never worked with it at all unless I was mining %100 on Westhash.com.

I set it maybe 5-10% lower than the Coinwarz predicted return for 1 TH. The best pools average maybe 95% of predicted payout (most are usually more like 85-90% after you factor in the fee), so that is the price line you want to be above.

dude you set over not under the bitcoinwisdom prediction.  you do it to  help prevent excessive switching.   

for now 0.01078   is 1 th a day.

 so do 0.0120  as in p = 0.0120

then use

 f2pool
kano's pool
or ban as second choice

Not if you want to maximize the potential of Nicehash. First off, you need to decide if you want to beat the average pool payout, or pretend that all pools pay 100%, as Kano suggested. A realistic average for pool payout (yes, I understand why, but thanks for flooding the thread with luck explanations ::) ) is ~90% (some slightly more, some less) of that .01078, so ~.009 is what you will likely average from a pool over a month period. Then you need to factor in the time lost due to switching pools if you set at a higher rate compared to setting it right around or even slightly lower than that .009, and more importantly, the higher paying bids you will miss out on if you switch over too often. I have tried higher, same, slightly lower and no price cutoff using Nicehash/Westhash, and the best long term yield is setting it right near what your failover pool averages. You are of course quite free to choose your own method and ignore all of what I say, please do, I will certainly enjoy being able to scoop up more of the high bids for myself.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on March 31, 2015, 01:02:13 PM
For past few days, NiceHash/WestHash has been paying several percents above ideal 100% luck Bitcoin mining. We suggest you to join mining now until this high price lasts!


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kano on March 31, 2015, 01:42:46 PM
... or pretend that all pools pay 100%, as Kano suggested. A realistic average for pool payout (yes, I understand why, but thanks for flooding the thread with luck explanations ::) ) is ~90% (some slightly more, some less) of that .01078, so ~.009 is what you will likely average from a pool over a month period.
...
Lulz more crap being spouted by this fool.
Nowhere did I say all pools pay 100%.

Yep guess what, you have to subtract pool fees and expected orphans.
I wonder if you know what subtraction is though, I better give you a link: http://en.wikipedia.org/wiki/Subtraction

And yet again with the "Expected pool average payout is 90%" - lulz you're so ignorant.

Heh, luck since my pool started has totalled almost 105% and the last 10 block luck has been almost 107% (last 5 is currently 166% luck)

Hey maybe you should point out how the OP post above is also wrong suggesting people set it above 100% - not 90% as you keep telling anyone stupid enough to take any notice of you (though I doubt anyone is that stupid)


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: klondike_bar on March 31, 2015, 02:44:09 PM
My numbers are in fact correct when calculating what you will actually get paid when you compare that to the predicted payout.

Sorry, but the numbers aren't correct (in this context). If you take luck as a measurement you can only say what happened in the past. Pool luck is not a constant thing. It's going up and down all the time and there is no way in predicting the future luck.

The best you can do is use the current rate of payout. Ancient history does not matter, but current luck, or lack thereof, is the only thing you can use. You are quite free to not look at current rates when choosing what pool to use, by all means, please go right ahead and use the one that is currently paying the least, be it due to luck or skimming or whatever.

im going to step in here because the last two pages of this thread are just getting silly.

1) not sure why you keep attacking kano directly. its unneccessary, and makes you look like an ass (same goes for kano responding in a similar manor)
2) LUCK: "success or failure apparently brought by chance rather than through one's own actions"  //OR//   "chance to find or acquire"
-luck (or 'varience') is unpredictable, and always changing. A pool can have 85% payouts one week and 110% payouts the next. The priciple is that over a sufficienctly long period of time (months or years) the overall payout should be 100% (+/- a few %)
3) as such, the luck you see TODAY is not what you will see TOMORROW. It changes. basic probability and statistics says so.

4) why would you put less than the going BTC/TH/day into nicehash calculations? The best method for nicehash is to set it ~3% higher than the "typical/predicted" payout of other pools, so that your miner switches only when it is sufficiently profitable.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aurel57 on March 31, 2015, 02:53:53 PM
My numbers are in fact correct when calculating what you will actually get paid when you compare that to the predicted payout.

Sorry, but the numbers aren't correct (in this context). If you take luck as a measurement you can only say what happened in the past. Pool luck is not a constant thing. It's going up and down all the time and there is no way in predicting the future luck.

The best you can do is use the current rate of payout. Ancient history does not matter, but current luck, or lack thereof, is the only thing you can use. You are quite free to not look at current rates when choosing what pool to use, by all means, please go right ahead and use the one that is currently paying the least, be it due to luck or skimming or whatever.

im going to step in here because the last two pages of this thread are just getting silly.

1) not sure why you keep attacking kano directly. its unneccessary, and makes you look like an ass (same goes for kano responding in a similar manor)
2) LUCK: "success or failure apparently brought by chance rather than through one's own actions"  //OR//   "chance to find or acquire"
-luck (or 'varience') is unpredictable, and always changing. A pool can have 85% payouts one week and 110% payouts the next. The priciple is that over a sufficienctly long period of time (months or years) the overall payout should be 100% (+/- a few %)
3) as such, the luck you see TODAY is not what you will see TOMORROW. It changes. basic probability and statistics says so.

4) why would you put less than the going BTC/TH/day into nicehash calculations? The best method for nicehash is to set it ~3% higher than the "typical/predicted" payout of other pools, so that your miner switches only when it is sufficiently profitable.

I have mine set a bit higher because I have had problems a couple of times with miners failing back over to my other pools and for the risk of that happening again I want to only rent if it's worth my while. And in case we get another run like the PayCoin I don't want to miss it.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on April 04, 2015, 03:27:44 AM
Past 7 days almost 5% higher profit than ideal 100% luck bitcoin mining!


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on April 05, 2015, 07:39:21 PM
if i put #xnsub on my s3s the pool shows up as down.. do they not support it?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: MegaFall on April 05, 2015, 07:47:47 PM
if i put #xnsub on my s3s the pool shows up as down.. do they not support it?



Are you putting /#xnsub before the port number? I did that too. It goes after.

i.e: http://www.nicehash.com:port/#xnsub

Also, unless you have a modified version of CGMiner flashed to the S3 it won't work anyway.



Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on April 05, 2015, 07:50:32 PM
if i put #xnsub on my s3s the pool shows up as down.. do they not support it?



Are you putting /#xnsub before the port number? I did that too. It goes after.

i.e: http://www.nicehash.com:port/#xnsub

Also, unless you have a modified version of CGMiner flashed to the S3 it won't work anyway.



no i just have the regular firmware from bitmain..
my s5 works tho and has a check.. and yeah i am putting it after the port.. like this
stratum+tcp://stratum.westhash.com:3334#xnsub

so it looks like to get the s3s to work i need to make my own proxy? or just leave it?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: MegaFall on April 05, 2015, 07:55:45 PM
if i put #xnsub on my s3s the pool shows up as down.. do they not support it?



Are you putting /#xnsub before the port number? I did that too. It goes after.

i.e: http://www.nicehash.com:port/#xnsub

Also, unless you have a modified version of CGMiner flashed to the S3 it won't work anyway.



no i just have the regular firmware from bitmain..
my s5 works tho and has a check.. and yeah i am putting it after the port.. like this
stratum+tcp://stratum.westhash.com:3334#xnsub

so it looks like to get the s3s to work i need to make my own proxy? or just leave it?


pretty sure you need a slash between the port number and the # symbol. Other than that no idea why it wouldn't connect. Mine connected without issues.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on April 05, 2015, 08:08:08 PM
if i put #xnsub on my s3s the pool shows up as down.. do they not support it?



Are you putting /#xnsub before the port number? I did that too. It goes after.

i.e: http://www.nicehash.com:port/#xnsub

Also, unless you have a modified version of CGMiner flashed to the S3 it won't work anyway.



no i just have the regular firmware from bitmain..
my s5 works tho and has a check.. and yeah i am putting it after the port.. like this
stratum+tcp://stratum.westhash.com:3334#xnsub

so it looks like to get the s3s to work i need to make my own proxy? or just leave it?


pretty sure you need a slash between the port number and the # symbol. Other than that no idea why it wouldn't connect. Mine connected without issues.

thanks, all the documentation i saw doesnt have the slash but i put it in and it seems to be working..
the s5 doesnt need it tho.. its working how i pasted.
strange.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on April 05, 2015, 08:17:21 PM
if i put #xnsub on my s3s the pool shows up as down.. do they not support it?



Are you putting /#xnsub before the port number? I did that too. It goes after.

i.e: http://www.nicehash.com:port/#xnsub

Also, unless you have a modified version of CGMiner flashed to the S3 it won't work anyway.



no i just have the regular firmware from bitmain..
my s5 works tho and has a check.. and yeah i am putting it after the port.. like this
stratum+tcp://stratum.westhash.com:3334#xnsub

so it looks like to get the s3s to work i need to make my own proxy? or just leave it?


pretty sure you need a slash between the port number and the # symbol. Other than that no idea why it wouldn't connect. Mine connected without issues.

nope its not working.. the pool shows alive now, but still a red X on the worker.. oh well.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on April 05, 2015, 08:22:03 PM
nope its not working.. the pool shows alive now, but still a red X on the worker.. oh well.

S3 has to be manually updated for xnsub support: download it here and see README: https://www.nicehash.com/index.jsp?p=software#asic

And it is

stratum+tcp://stratum.nicehash.com:PORT_NUM#xnsub

for cgminer (no / slash after port num)

and

stratum+tcp://stratum.nicehash.com:PORT_NUM/#xnsub

for bfgminer (yes, / slash after port num)



Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: mdude77 on April 05, 2015, 08:31:53 PM
From my experience, and what I've heard from others, you have to be careful with extranonce with Bitmain hardware.  They tend to not fail back to the alt pools when the price changes.

M


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on April 05, 2015, 08:46:08 PM
i guess i wont worry about it then..


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on April 06, 2015, 12:06:00 AM
My hash rate is being reported very low on this pool. Is that normal?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: notlist3d on April 06, 2015, 10:44:51 AM
My hash rate is being reported very low on this pool. Is that normal?

Have you tried setting the difficulty manually?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on April 10, 2015, 01:45:52 AM
My hash rate is being reported very low on this pool. Is that normal?

Have you tried setting the difficulty manually?

yes i tried this setup
p=0.0115;d=1024



Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on April 10, 2015, 03:39:24 AM
My hash rate is being reported very low on this pool. Is that normal?

Have you tried setting the difficulty manually?

yes i tried this setup
p=0.0115;d=1024



try p =0.0102

your p   is far too high.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on April 10, 2015, 03:44:47 AM
My hash rate is being reported very low on this pool. Is that normal?

Have you tried setting the difficulty manually?

yes i tried this setup
p=0.0115;d=1024



try p =0.0102

your p   is far too high.

it was just mining.. i want to mostly be on the ck solo pool.



Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aurel57 on April 10, 2015, 09:46:00 AM
From my experience, and what I've heard from others, you have to be careful with extranonce with Bitmain hardware.  They tend to not fail back to the alt pools when the price changes.

M

My S3's would not failover sometimes but the S5's seem to failover just fine. (its very frustrating to find your miner just sitting idol)


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on April 11, 2015, 07:05:32 PM
i dont understand how this pool works..
i am seeing this
#324068   Standard   Alive   0.0120   1.50659467   4.63   1000.00   786   651.3364

and my P= is set to 0.0115.. it says there can be 1000 THS, but there is only 651ths being filled.. yet my miners are showing D on the pool..

shouldnt they be mining?



Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on April 11, 2015, 07:07:32 PM
i dont understand how this pool works..
i am seeing this
#324068   Standard   Alive   0.0120   1.50659467   4.63   1000.00   786   651.3364

and my P= is set to 0.0115.. it says there can be 1000 THS, but there is only 651ths being filled.. yet my miners are showing D on the pool..

shouldnt they be mining?


no maybe yes

All three may be true depends on a lot more then the info you gave us.

all of these are active right now
they are all lower then your p of 0.0115  so the correct answer is you may not get the rental as all of them are ahead of your bid.


http://imagizer.imageshack.us/v2/1024x768q90/913/BJj5Wb.png


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: MegaFall on April 11, 2015, 07:19:36 PM
i dont understand how this pool works..
i am seeing this
#324068   Standard   Alive   0.0120   1.50659467   4.63   1000.00   786   651.3364

and my P= is set to 0.0115.. it says there can be 1000 THS, but there is only 651ths being filled.. yet my miners are showing D on the pool..

shouldnt they be mining?



That order is the last one getting filled by the available hash power. There are currently only 938.1501 TH/s available for orders on westhash. Since there are other orders above this order, this order gets whatever is left over.

#323881   Fixed           Alive   0.0120      50.00           59   56.1730
#324449   Standard   Alive   0.0124      10.00           10   0.0147
#323996   Standard   Alive   0.0123      11.00           12   13.1375
#323995   Standard   Alive   0.0123           11.00      9   10.4244
#323998   Standard   Alive   0.0123      11.00           11   10.0810
#323997   Standard   Alive   0.0122      11.00           17   10.6009
#324034   Standard   Alive   0.0122            8.00           11   9.9687
#324430   Standard   Alive   0.0121         500.00           576   430.9073
#324068   Standard   Alive   0.0120        1000.00           518   398.3623

Add up the last column and it will come to about 938 TH/s.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on April 11, 2015, 07:37:01 PM
i dont understand how this pool works..
i am seeing this
#324068   Standard   Alive   0.0120   1.50659467   4.63   1000.00   786   651.3364

and my P= is set to 0.0115.. it says there can be 1000 THS, but there is only 651ths being filled.. yet my miners are showing D on the pool..

shouldnt they be mining?



Check currently paying rate on first page. That is what miners are being paid. If you set your threshold above that, your miners will not mine.

We have eliminated payments per order 1 year ago already, because it was unfair - some miners were paid more and some less. Now (for 1 year already), all miners are paid equal price.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on April 11, 2015, 08:00:52 PM
i dont understand how this pool works..
i am seeing this
#324068   Standard   Alive   0.0120   1.50659467   4.63   1000.00   786   651.3364

and my P= is set to 0.0115.. it says there can be 1000 THS, but there is only 651ths being filled.. yet my miners are showing D on the pool..

shouldnt they be mining?



Check currently paying rate on first page. That is what miners are being paid. If you set your threshold above that, your miners will not mine.

We have eliminated payments per order 1 year ago already, because it was unfair - some miners were paid more and some less. Now (for 1 year already), all miners are paid equal price.

oh ok. so it averages out all the active orders?

that makes sense.

doesnt that kind of suck tho? if someone puts a .001 order for a ton of hash it will bring down the average?

edit, so my miners just connected.. its working, just kind of confusing. lol.



Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on April 11, 2015, 08:49:37 PM
i dont understand how this pool works..
i am seeing this
#324068   Standard   Alive   0.0120   1.50659467   4.63   1000.00   786   651.3364

and my P= is set to 0.0115.. it says there can be 1000 THS, but there is only 651ths being filled.. yet my miners are showing D on the pool..

shouldnt they be mining?



Check currently paying rate on first page. That is what miners are being paid. If you set your threshold above that, your miners will not mine.

We have eliminated payments per order 1 year ago already, because it was unfair - some miners were paid more and some less. Now (for 1 year already), all miners are paid equal price.

oh ok. so it averages out all the active orders?

that makes sense.

doesnt that kind of suck tho? if someone puts a .001 order for a ton of hash it will bring down the average?

edit, so my miners just connected.. its working, just kind of confusing. lol.



He most likely will never get hashpower due to too low price. We have a lot of buyers that make BTC or LTC arbitrage. These keep the prices still relatively high, even when there is no demand for special coins to mine.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aurel57 on April 11, 2015, 10:59:41 PM
Somebody is renting 1PH and the price is high. I had my password set wrong...missed a zero had .115 just fixed it to .0115 and now its rented out on Westhash.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aurel57 on April 12, 2015, 09:49:18 AM
Wow somebody is renting hash for .0212?? mistake, nuts or another shit coin rush?? :P


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on April 12, 2015, 02:26:42 PM
Wow somebody is renting hash for .0212?? mistake, nuts or another shit coin rush?? :P

Tron is the new hot pump & dump coin


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: thepixelgeek on April 12, 2015, 02:55:42 PM
I set Extranonce subscription to "2" (20minutes ago) on my sp20, but it doesn't show up on Westhash. Thoughts? Do i need more patience or is something not working correctly?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on April 12, 2015, 03:01:21 PM
I set Extranonce subscription to "2" (20minutes ago) on my sp20, but it doesn't show up on Westhash. Thoughts? Do i need more patience or is something not working correctly?

Your miner will appear in the list almost instantly you connect it (1 minute).  If you don't see it, then it must be a problem on your side.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: thepixelgeek on April 12, 2015, 03:02:42 PM
I set Extranonce subscription to "2" (20minutes ago) on my sp20, but it doesn't show up on Westhash. Thoughts? Do i need more patience or is something not working correctly?

Your miner will appear in the list almost instantly you connect it (1 minute).  If you don't see it, then it must be a problem on your side.

It's in the list, but has a red X for extranonce even though I set extranonce to "2" for sp20 settings.

http://i.imgur.com/Vg0vgJO.png


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on April 12, 2015, 03:10:56 PM
I set Extranonce subscription to "2" (20minutes ago) on my sp20, but it doesn't show up on Westhash. Thoughts? Do i need more patience or is something not working correctly?

Your miner will appear in the list almost instantly you connect it (1 minute).  If you don't see it, then it must be a problem on your side.

It's in the list, but has a red X for extranonce even though I set extranonce to "2" for sp20 settings.

http://i.imgur.com/Vg0vgJO.png

To my knowledge, you should use correct stratum URL for SP20 to use extranonce subscription:

Quote
stratum+tcp://stratum.westhash.com:3334#xnsub


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on April 12, 2015, 03:15:28 PM
I set Extranonce subscription to "2" (20minutes ago) on my sp20, but it doesn't show up on Westhash. Thoughts? Do i need more patience or is something not working correctly?

you need put

 3334#xnsub   Let me find a photo

try reading here


https://bitcointalk.org/index.php?topic=872014.msg10745121#msg10745121

and here

https://bitcointalk.org/index.php?topic=872014.msg10693626#msg10693626


also there seem to be a handfull of sp20's that just won't do it no matter what you do.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on April 12, 2015, 03:51:01 PM
I set Extranonce subscription to "2" (20minutes ago) on my sp20, but it doesn't show up on Westhash. Thoughts? Do i need more patience or is something not working correctly?

Your miner will appear in the list almost instantly you connect it (1 minute).  If you don't see it, then it must be a problem on your side.

It's in the list, but has a red X for extranonce even though I set extranonce to "2" for sp20 settings.

Spoondoolies made a bit confusing implementation of cgminer with extranonce support (it has two cgminer binaries installed). Basically you don't have to put "2" into the "ExtraFlag" settings, but rather follow these instructions:

https://bitcointalk.org/index.php?topic=850620.msg10749390#msg10749390

This way any Spondoolies (SP20, SP3x) should work flawlessly with extranonce support.

p.s.: maybe someone should ask Spondoolies support if there is another (more elegant, via GUI) way to enable the second cgminer binary (4.8.0) with extranonce support...


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: thepixelgeek on April 12, 2015, 04:33:13 PM
I updated the stratum url to stratum+tcp://stratum.westhash.com:3334#xnsub, and tried both with/without the flag setting to "2". Didn't work.

After reading a bit, looks like I have to update to cgminer 4.8 from 4.7. Not sure how to do that yet. Could use a little help there... After which I need to ssh into my miner to set the extranonce.

Sound correct?

Edit: Status on westhash is "dead".


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: thepixelgeek on April 12, 2015, 04:40:41 PM
I updated the stratum url to stratum+tcp://stratum.westhash.com:3334#xnsub, and tried both with/without the flag setting to "2". Didn't work.

After reading a bit, looks like I have to update to cgminer 4.8 from 4.7. Not sure how to do that yet. Could use a little help there... After which I need to ssh into my miner to set the extranonce.

Sound correct?

Edit: Status on westhash is "dead".

After more reading, I discovered setting the flag to "2" and then rebooting solved the issue. Now on cgminer 4.8 and extranonce is turned on at Westhash. Nice!

Thanks all!!


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: notlist3d on April 13, 2015, 03:59:23 AM
I updated the stratum url to stratum+tcp://stratum.westhash.com:3334#xnsub, and tried both with/without the flag setting to "2". Didn't work.

After reading a bit, looks like I have to update to cgminer 4.8 from 4.7. Not sure how to do that yet. Could use a little help there... After which I need to ssh into my miner to set the extranonce.

Sound correct?

Edit: Status on westhash is "dead".

After more reading, I discovered setting the flag to "2" and then rebooting solved the issue. Now on cgminer 4.8 and extranonce is turned on at Westhash. Nice!

Thanks all!!

Thanks worked perfect for me aswell.  Set flag to 2, used the url above seems to work great!


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: alh on April 14, 2015, 05:28:22 AM
So for the SP20, in order to get cgminer 4.8, with the Spondoolies 2.6.14 software, you need to do:

1) Set the "Extra Flag" to 2 on the Settings page.

2) Reboot the SP20. Not just restart the miner, but actually reboot it.

Once that's all done (about 2 minutes), and you have started the miner again after the reboot, then on the main "SP20 Jackson" page, it will show cgminer 4.8.0 rather than the 4.7.0 version.

You should now be able to fiddle with the pool settings to actually add Westhash/Nicehash with the #xnsub and other stuff required. The cgminer 4.8.0 software seems to work just fine with Slush, I am now off to fiddle with the pools.

It's kind of a convoluted way to make cgminer 4.8.0 as the miner. It's also easy to forget the reboot, not just miner restart.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: thepixelgeek on April 14, 2015, 10:59:53 PM
I have password set to P=0.0139, however my sp20's are still mining at Westhash even though the price states:

Algorithm   Port              Current Speed            Currently Paying                     24h Payouts
SHA256           3334              859.6464 TH/s           0.0098 BTC/TH/Day  4%            0.0101 BTC/TH/Day

Shouldn't my miners shift to the next available pool in the list?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on April 14, 2015, 11:03:54 PM
I have password set to P=0.0139, however my sp20's are still mining at Westhash even though the price states:

Algorithm   Port              Current Speed            Currently Paying                     24h Payouts
SHA256           3334              859.6464 TH/s           0.0098 BTC/TH/Day  4%            0.0101 BTC/TH/Day

Shouldn't my miners shift to the next available pool in the list?

Use lower case p and not P.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: thepixelgeek on April 14, 2015, 11:08:01 PM
I have password set to P=0.0139, however my sp20's are still mining at Westhash even though the price states:

Algorithm   Port              Current Speed            Currently Paying                     24h Payouts
SHA256           3334              859.6464 TH/s           0.0098 BTC/TH/Day  4%            0.0101 BTC/TH/Day

Shouldn't my miners shift to the next available pool in the list?

Use lower case p and not P.

Nice! That did it. Westhash now dead. Thank you.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: alh on April 17, 2015, 06:11:23 AM
I've just in the last 3 days rigged my SP20 to use Westhash as my primary pool, and Slush as my backup pool. Prior to this, I have mined only on Slush. I currently have my password on Westhash set with p=.0104. My SP20 has spent a great deal of time on Westhash, with some short breaks back to Slush.

My general sense is that I am doing less well on Westhash. Yes, I know it's only 48 hours of experience, and Slush might be on a lucky streak. Nevertheless, I am wondering if my p= value is too low, or if I am just not understanding what to expect. My simplistic vies is that I would set p= based on the expected BTC I would earn in a day with 1TH. Based on bitcoinwisdom, that looks to be about .01017 (round up to .0102). I then chose a value such that it would only switch if it was "real deal" on Westhash.

I would appreciate any comments and insight that folks have to share.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Digitalmocking on April 17, 2015, 06:25:50 AM
I've just in the last 3 days rigged my SP20 to use Westhash as my primary pool, and Slush as my backup pool. Prior to this, I have mined only on Slush. I currently have my password on Westhash set with p=.0104. My SP20 has spent a great deal of time on Westhash, with some short breaks back to Slush.

My general sense is that I am doing less well on Westhash. Yes, I know it's only 48 hours of experience, and Slush might be on a lucky streak. Nevertheless, I am wondering if my p= value is too low, or if I am just not understanding what to expect. My simplistic vies is that I would set p= based on the expected BTC I would earn in a day with 1TH. Based on bitcoinwisdom, that looks to be about .01017 (round up to .0102). I then chose a value such that it would only switch if it was "real deal" on Westhash.

I would appreciate any comments and insight that folks have to share.

I don't think pool hopping benefits you on Slush with how they deal with discards.  A ppnls pool will work better if you're swapping back and forth.



Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kano on April 17, 2015, 06:57:19 AM
On slush's pool you have to consider your expected payout based on what % of the time you spend mining on the pool.
On some pools you'd consider the % you are mining each day as the % of a days payout you'd expect to average.

On slush he pays so that you lose out if you don't mine 24/7 if you have an outage or stop mining.

So if you mine there 90% of the time (you have to include outages also), then you will expect to average over time, less than 90% of what you expect.
i.e. you expect to average less than 90% of the expected full time pay for mining 90% of the time.
Or in other terms, if the pool luck average is 100%, you'd expect to average less than 90% for mining 90% of the time.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: alh on April 17, 2015, 07:45:11 AM
This is what I have never really understood about the "multiple pool" strategy with Westhash as the primary. Virtually all the other "normal" pools (e.g. Slush, Kano, etc), all cost me something if I am not there essentially 24x7. Yes I understand that outages happen, and I try and minimize my downtime, because then it appears to the pool as if I am "pool hopping", which in one way or another is discouraged. As I understand Kano's pool, until I have been mining pretty steadily for 2+ days, I am not really getting the "full rate" for my efforts. Once I have been there "steadily enough", then all is good. That feels like discoraging "pool hopping".

This isn't a specific complaint about Kano, or Slush for that matter. I just don't understand how it works to have Westhash as your primary, which switches on/off depending on the rate, and any other pool.

Why do people do this? It seems like you need to rig this with a pretty high bar for Westhash, so that it will only "hop away" from your "real primary" (e.g. Kano, Slush, etc), to offset the cost of the switch. That suggests that my p= would need to be way more than .0102. In other works only use Westhash if the returns are really "outsized" (e.g. the Paycoin frenzy), and not just a little bit better.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on April 17, 2015, 08:20:41 AM
This is what I have never really understood about the "multiple pool" strategy with Westhash as the primary. Virtually all the other "normal" pools (e.g. Slush, Kano, etc), all cost me something if I am not there essentially 24x7. Yes I understand that outages happen, and I try and minimize my downtime, because then it appears to the pool as if I am "pool hopping", which in one way or another is discouraged. As I understand Kano's pool, until I have been mining pretty steadily for 2+ days, I am not really getting the "full rate" for my efforts. Once I have been there "steadily enough", then all is good. That feels like discoraging "pool hopping".

This isn't a specific complaint about Kano, or Slush for that matter. I just don't understand how it works to have Westhash as your primary, which switches on/off depending on the rate, and any other pool.

Why do people do this? It seems like you need to rig this with a pretty high bar for Westhash, so that it will only "hop away" from your "real primary" (e.g. Kano, Slush, etc), to offset the cost of the switch. That suggests that my p= would need to be way more than .0102. In other works only use Westhash if the returns are really "outsized" (e.g. the Paycoin frenzy), and not just a little bit better.

some pools pay PPS.. like f2pool..

westhash is nice, but it has huge dips in payouts.. sometimes it goes really high but others its far below.

you can see what f2pool pays out, and then make your p= so it will never go below that.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kano on April 17, 2015, 08:32:33 AM
This is what I have never really understood about the "multiple pool" strategy with Westhash as the primary. Virtually all the other "normal" pools (e.g. Slush, Kano, etc), all cost me something if I am not there essentially 24x7. Yes I understand that outages happen, and I try and minimize my downtime, because then it appears to the pool as if I am "pool hopping", which in one way or another is discouraged. As I understand Kano's pool, until I have been mining pretty steadily for 2+ days, I am not really getting the "full rate" for my efforts. Once I have been there "steadily enough", then all is good. That feels like discoraging "pool hopping".
No, in the case of my pool, that's simply misunderstanding the 5N (500%) payout.

Consider this: if you mine at a PPS pool and the pool finds a block 5 minutes after you start mining - what will your payout be?
Of course it will only be the number of shares you found, not your hash rate as a fraction of the whole pool, of the block
(and of course that isn't supposed to be affected by when the pool finds a block)
As the day progresses, your reward increases ... and it does this each time you submit a share.
Do you get paid into your wallet each time you find a share? No, you get paid on the basis of the rules of the pool, at certain points over time.

On my PPLNS pool you get paid each time a block is found.
What you get paid, is the % of shares you have in the total shares accounted to the block.
That is always the same no matter how long you have been mining.
Since the payout is for 500% of shares before the block was found, each share is paid ~1/5 PPS.
But each share is expected to be paid, on average, 5 times. So it takes time for each share to be fully paid.
You don't expect to lose BTC on average no matter how you mine, the pool's block finding luck is the only thing that affects how many times a share is paid.

Quote
This isn't a specific complaint about Kano, or Slush for that matter. I just don't understand how it works to have Westhash as your primary, which switches on/off depending on the rate, and any other pool.

Why do people do this? It seems like you need to rig this with a pretty high bar for Westhash, so that it will only "hop away" from your "real primary" (e.g. Kano, Slush, etc), to offset the cost of the switch. That suggests that my p= would need to be way more than .0102. In other works only use Westhash if the returns are really "outsized" (e.g. the Paycoin frenzy), and not just a little bit better.
No, on my pool your expected average reward is the % of time you spend mining.
Jumping on or off doesn't change the expected average.
The only caveat is if a block ever lasts for more than 500%, then shares at the start of the block will not get paid as the block gets longer than 500%
That is rare, and we have only had one block so far over 500%.
The CDF of 500% is 0.0067 so that would only expect to affect on average less than 2 in every 250 blocks, and the affect vs full time mining would be very small each time.

I gave slushes example above because his payout scheme specifically disadvantages anyone who doesn't mine 24/7

In my case the disadvantage isn't to stop people hopping on and off at all, it is simply that with the share age limit at 500% the average expected effect of hopping is exceedingly small, but making it more than 500% means getting your full share payout takes longer.

The only ways to avoid shares ageing are:
1) Make the life of the share longer ... but that doesn't avoid it, just makes it longer and less likely before it happens and increases the time to reach maximum payout
2) Prop - but then all the long term miners get paid less for their shares than the smart hoppers, so no one in their right mind would mine at a Prop pool.
3) PPS - but the PPS pool should charge you a higher fee or expect to go broke or have problems paying ... case in point ... BAN
With PPS, you need to see what PPS you are getting (i.e. what fee you are paying) vs the expected 100% since that fee may well far outweigh the rare/tiny expected loss due to hopping on the 'better' pools :)

So, I guess the answer to your question is that some pools are bad for hopping and others the effect is so small it is clearly better than PPS mining in the long term.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: alh on April 17, 2015, 04:26:47 PM
Thanks for a cogent, clear, and calm response to my inquiry. When I started back in 2013, I was mostly concerned about pool manager fraud, and it seemed like Slush was a good choice using that metric. As I have gotten more educated, and more invested, it seems I should pay attention to some other options for a pool.

Thanks again, Kano!


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Digitalmocking on April 17, 2015, 06:23:30 PM
Thanks for a cogent, clear, and calm response to my inquiry. When I started back in 2013, I was mostly concerned about pool manager fraud, and it seemed like Slush was a good choice using that metric. As I have gotten more educated, and more invested, it seems I should pay attention to some other options for a pool.

Thanks again, Kano!

I strongly recommend kano.is to mine on, he's active, super helpful and constantly working on development of ckpool.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jonnybravo0311 on April 17, 2015, 06:38:14 PM
On my PPLNS pool you get paid each time a block is found.
Just a tiny correction to this statement.  On kano's pool you get paid once the block is found, confirmed and the generated coins from the block reward have matured.  I only write this so that you don't think you get paid immediately when a block is found :).


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: alh on April 17, 2015, 06:45:55 PM
On my PPLNS pool you get paid each time a block is found.
Just a tiny correction to this statement.  On kano's pool you get paid once the block is found, confirmed and the generated coins from the block reward have matured.  I only write this so that you don't think you get paid immediately when a block is found :).

I didn't actually expect anything instantaneous. On Slush, there's a "100 confirmation" delay built into the actual payout. That's at least hours, though usually less than a day, in duration.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jonnybravo0311 on April 17, 2015, 07:25:51 PM
On my PPLNS pool you get paid each time a block is found.
Just a tiny correction to this statement.  On kano's pool you get paid once the block is found, confirmed and the generated coins from the block reward have matured.  I only write this so that you don't think you get paid immediately when a block is found :).

I didn't actually expect anything instantaneous. On Slush, there's a "100 confirmation" delay built into the actual payout. That's at least hours, though usually less than a day, in duration.
The only pools (that I know of currently) in which you get actual generated coins are p2pool, Eligius and ck.'s solo pool.  The payout system at Eligius is convoluted.  You have to wait some amount of time to even make it into the payout queue, you then have to wait 101 confirmations before you can use the coins you mined.  When p2pool finds a block and you've got shares on the share chain you get part of the 25BTC block reward paid to you.  You must also wait for the 101 confirmations for the coin to mature.  Get lucky and find a block on ck.'s solo pool and the coins are generated directly to your address - also necessary to wait the 101 confirmations.

I'm not sure how some of the other solo mining pools payouts work, but if they're like ck.'s pool, then you're getting the coins generated from the block reward and are waiting the 101 confirmations.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: sloopy on April 19, 2015, 05:28:40 AM
What is everyone renting sha256 to mine?
Some new alt?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Digitalmocking on April 19, 2015, 05:48:44 AM
What is everyone renting sha256 to mine?
Some new alt?

tbh I don't care, mo money for me.`


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: opentoe on April 19, 2015, 04:00:35 PM
What the fuck ever, Kano. My numbers are in fact correct when calculating what you will actually get paid when you compare that to the predicted payout. That is precisely what the poster was asking when I answered his question. Why you get paid a certain amount on different pools was not being discussed and you are just trying to obfuscate things by introducing strawman arguments.

 You should have just told me that you were running a pool and you were here to try to drive people away from here to your pool, it would have saved a lot of keystrokes.

Dude, forget it. Not worth arguing with this guy. He's the most rude pool operator around and will follow you around the forums making sure to point out every thing he can to make you look bad or like an idiot. Every pool operator I've ever asked questions to, spoke with and had communications with had patience, and acted in a grown up professional manner. This guy is just out of control. Besides his cronies that think he's an idol he's basically a dick to anyone that isn't "in the group" or something. You'll eventually see the results when the pool gets smaller and smaller. No one wants to be running their hardware on a pool where the operator is an ass. Plain and simple. Just read a few pages back. He told me to go fuck myself. I was being as passive and nice as I can and the dude just flips. He definitely has an anger problem. Yea, he drives people away. Don't know why.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: opentoe on April 19, 2015, 05:21:50 PM
Nicehash, where do you suggest to get the most recent and accurate information on what we should use as our password. Do you recommend using your main page for SHA-256? Currently it indicates 0.0119 and wondered if using that number or going up a bit higher to make it worth it? I wouldn't want my rigs switching too many times I guess. May as well want to make it worth it. I also some times do not have the access to change my password field, limited access to my miners. So that in itself could be a bust for me to use this type of proxy hashing. What do you think?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on April 19, 2015, 05:50:46 PM
Nicehash, where do you suggest to get the most recent and accurate information on what we should use as our password. Do you recommend using your main page for SHA-256? Currently it indicates 0.0119 and wondered if using that number or going up a bit higher to make it worth it? I wouldn't want my rigs switching too many times I guess. May as well want to make it worth it. I also some times do not have the access to change my password field, limited access to my miners. So that in itself could be a bust for me to use this type of proxy hashing. What do you think?


We have "percentage p=" on todo list, where you would be able to only specify % above or below current profitability of ideal 100% luck bitcoin mining. But even this would not solve the possible price tag, where your miners may constantly switch on/off. It is impossible to say what price to set that your miners would never fall into this mode.

It is good practice to use PPS backup pool for switching.

Another option is; you may simply ignore p=. NiceHash paid 4% above ideal 100% luck bitcoin mining in past 30 days and with 2% fee this means 2% above ideal 100% luck bitcoin mining. There are no other pools that can guarantee you this with extremely regular payments. Not to mention extreme spikes that can happen (paycoin for example). Down spikes are not often or very big - we have a lot of buyers that do arbitrage and they pull the price up towards 100% luck bitcoin mining.

If you want guaranteed payment, mine with NiceHash. If you want to gamble, choose other pools or even solo pools.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: rkinnin on April 19, 2015, 07:14:33 PM
Nicehash, where do you suggest to get the most recent and accurate information on what we should use as our password. Do you recommend using your main page for SHA-256? Currently it indicates 0.0119 and wondered if using that number or going up a bit higher to make it worth it? I wouldn't want my rigs switching too many times I guess. May as well want to make it worth it. I also some times do not have the access to change my password field, limited access to my miners. So that in itself could be a bust for me to use this type of proxy hashing. What do you think?


We have "percentage p=" on todo list, where you would be able to only specify % above or below current profitability of ideal 100% luck bitcoin mining. But even this would not solve the possible price tag, where your miners may constantly switch on/off. It is impossible to say what price to set that your miners would never fall into this mode.

It is good practice to use PPS backup pool for switching.

Another option is; you may simply ignore p=. NiceHash paid 4% above ideal 100% luck bitcoin mining in past 30 days and with 2% fee this means 2% above ideal 100% luck bitcoin mining. There are no other pools that can guarantee you this with extremely regular payments. Not to mention extreme spikes that can happen (paycoin for example). Down spikes are not often or very big - we have a lot of buyers that do arbitrage and they pull the price up towards 100% luck bitcoin mining.

If you want guaranteed payment, mine with NiceHash. If you want to gamble, choose other pools or even solo pools.

I have used your pool for a few weeks now and do enjoy the daily payouts.

For historical purpoese what sort of spike did you actually see with the pay coin frenzy?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: opentoe on April 19, 2015, 07:21:28 PM
Nicehash, where do you suggest to get the most recent and accurate information on what we should use as our password. Do you recommend using your main page for SHA-256? Currently it indicates 0.0119 and wondered if using that number or going up a bit higher to make it worth it? I wouldn't want my rigs switching too many times I guess. May as well want to make it worth it. I also some times do not have the access to change my password field, limited access to my miners. So that in itself could be a bust for me to use this type of proxy hashing. What do you think?


We have "percentage p=" on todo list, where you would be able to only specify % above or below current profitability of ideal 100% luck bitcoin mining. But even this would not solve the possible price tag, where your miners may constantly switch on/off. It is impossible to say what price to set that your miners would never fall into this mode.

It is good practice to use PPS backup pool for switching.

Another option is; you may simply ignore p=. NiceHash paid 4% above ideal 100% luck bitcoin mining in past 30 days and with 2% fee this means 2% above ideal 100% luck bitcoin mining. There are no other pools that can guarantee you this with extremely regular payments. Not to mention extreme spikes that can happen (paycoin for example). Down spikes are not often or very big - we have a lot of buyers that do arbitrage and they pull the price up towards 100% luck bitcoin mining.

If you want guaranteed payment, mine with NiceHash. If you want to gamble, choose other pools or even solo pools.

Thank you very much for your information. It is much appreciated.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on April 19, 2015, 09:02:55 PM
Nicehash, where do you suggest to get the most recent and accurate information on what we should use as our password. Do you recommend using your main page for SHA-256? Currently it indicates 0.0119 and wondered if using that number or going up a bit higher to make it worth it? I wouldn't want my rigs switching too many times I guess. May as well want to make it worth it. I also some times do not have the access to change my password field, limited access to my miners. So that in itself could be a bust for me to use this type of proxy hashing. What do you think?


We have "percentage p=" on todo list, where you would be able to only specify % above or below current profitability of ideal 100% luck bitcoin mining. But even this would not solve the possible price tag, where your miners may constantly switch on/off. It is impossible to say what price to set that your miners would never fall into this mode.

It is good practice to use PPS backup pool for switching.

Another option is; you may simply ignore p=. NiceHash paid 4% above ideal 100% luck bitcoin mining in past 30 days and with 2% fee this means 2% above ideal 100% luck bitcoin mining. There are no other pools that can guarantee you this with extremely regular payments. Not to mention extreme spikes that can happen (paycoin for example). Down spikes are not often or very big - we have a lot of buyers that do arbitrage and they pull the price up towards 100% luck bitcoin mining.

If you want guaranteed payment, mine with NiceHash. If you want to gamble, choose other pools or even solo pools.

I have used your pool for a few weeks now and do enjoy the daily payouts.

For historical purpoese what sort of spike did you actually see with the pay coin frenzy?

Miners were being paid about 10 times more than usually for about 5 days.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: sloopy on April 20, 2015, 12:02:55 AM
Is this the correct thread for a couple of simple nicehashbot questions, or should I message support?
I believe it is an underutilized feature many would benefit from, especially if they are mining on a daily basis.

If I want to accomplish a couple of basic things such as:
1. I want to set a maximum price I am willing to pay in BTC per TH, but actually pay the least amount possible in BTC per TH. At the moment the bot simply uses my price no matter where the floor is and still requires me manually entering a price to maintain miners.
2. I would like a way to change the worker name based on the current price I am paying so I may track my usage of WH on a per price via the pool side data. Is this possible?

I understand these may be things I have to code myself. Is there a place where other nicehashbot users are sharing this type of code? If not where would you recommend we start an unofficial thread to discuss these things. They could be donation based as it seems to work well in other areas.

When I first joined I did not like the interface as much as a different site, but it has grown on me and I now enjoy many of the things you have done to allow the community to use the site in a more flexible way from the custom firmware to the bot. NH / WH has quickly become my favorite rental site.

I always ramble a bit so...
Personally I am loyal to Kano's pool. He and CK have done some things for me I will never be able to pay back no matter how much I plan to be able to tip in the not so distant future, but I do set my price for westhash on a significant portion of my best mining gear, my SP20s and when the price is right my baby girls swoop in. I enjoyed some exquisite payouts over the past week which barely affected my payouts with Kano. The downtime from my move, installing completely new power distribution, sub panel, all new wiring, sockets, all the way to my miners, and I will lose some mining time from cable management and moving everything to a new switch with a backup switch and backup internet. All for my measly little amount of hash power, but the actual doing is phenomenal fun and I plan for all of this infrastructure work  to pay off or at least break even. I do consider it a business, it is too much work to be a hobby :) If things changed to a point I was unable to mine with Kano I would use WH as my primary and evaluate the WH / NH pool as a viable permanent main pool. There are many data points to consider but so far you have been excellent to work with.

When I decided I wanted to put something in my sig along the lines of a sig "campaign" I did not want to represent a straight dice gambling site. I do not use them. I have began trading some but none of the exchanges were stand out to me as places I can recommend someone visit.  West / Nice is a place I use on both ends and I feel good about recommending them. I have not checked any referrals in my account so it may not have done any good for them yet, but I have no doubts it will.

Once I get a version of the bot squared away the way I like it I plan to use the site to bring some acquaintances into the world of crypto in a try before you buy scenario. I want to be knowledgeable enough to be a crypto consultant in my area, organize meetups, and especially targeting people who are currently throwing their money away at all of the local casinos. Not everyone is a winner, and not everyone is a loser at a casino, but I feel the casino is setup to be a much more guaranteed loss. At least with NH / WH you can play a much bigger part in more variables deciding win or lose, (in my opinion), all from the safety of your home, or on the go while still spending quality time with your family, and in my case, supporting Bitcoin. I have only mined BITCOIN, but my main objective is helping promote the blockchain technology and I want to enable people to see what it and they can do.  

I am loyal, and westhash / nicehash have been steadily earning a place with me for I hope a long time to come.
You guys get that communication is the main key. So many companies do not understand that even if the customer doesn't like your answer, if you respond and take the time to hear them, maybe offer some alternative plan or go into some details regarding how you may be able to help them in the future they still may not like the current answer, but if they have common sense they will see you are doing what you can.

In my opinion a for profit business which communicates and lets people know their current and future plans is the best kind of business for this world. I want the company I do business with to want making money in the top area of the priority list. It goes hand in hand with any long term business plan because it highlights customer service. Without customer service, you will not remain profitable for years and years, with customer service, you dominate in the long run. I make choices now with companies who cost more but offer me better service. I do not mind paying extra to a company who has proven to provide superior support, especially when they exceed in several areas. I can get internet service much cheaper from AT&T than Cableone, but AT&T has nowhere near the offerings and customer service.

If you read all of my jabber thanks, and I hope you are having a great day, night, morning or evening wherever you are across this world.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: sloopy on April 20, 2015, 01:09:38 AM
And there go the rates climbing now. Must be another new alt dropping.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on April 20, 2015, 02:14:50 AM
And there go the rates climbing now. Must be another new alt dropping.

yeah I am retired and check manually.  

right now my p=0.0199   just under the lowest which is 0.0202


which is 2x normal while it lasts.

Right now I am renting  from nicehash fixed for .0101 and   renting to nicehash for 0.0199.

does not happen a lot  but I thought fixed was very low at 0.0101 last night  I hoped we may have spike today and we are.

the two in blue are me I have about 1 hour left

http://imagizer.imageshack.us/v2/1024x768q90/912/BF2ZAr.png


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: rkinnin on April 20, 2015, 03:16:13 AM
Nicehash, where do you suggest to get the most recent and accurate information on what we should use as our password. Do you recommend using your main page for SHA-256? Currently it indicates 0.0119 and wondered if using that number or going up a bit higher to make it worth it? I wouldn't want my rigs switching too many times I guess. May as well want to make it worth it. I also some times do not have the access to change my password field, limited access to my miners. So that in itself could be a bust for me to use this type of proxy hashing. What do you think?


We have "percentage p=" on todo list, where you would be able to only specify % above or below current profitability of ideal 100% luck bitcoin mining. But even this would not solve the possible price tag, where your miners may constantly switch on/off. It is impossible to say what price to set that your miners would never fall into this mode.

It is good practice to use PPS backup pool for switching.

Another option is; you may simply ignore p=. NiceHash paid 4% above ideal 100% luck bitcoin mining in past 30 days and with 2% fee this means 2% above ideal 100% luck bitcoin mining. There are no other pools that can guarantee you this with extremely regular payments. Not to mention extreme spikes that can happen (paycoin for example). Down spikes are not often or very big - we have a lot of buyers that do arbitrage and they pull the price up towards 100% luck bitcoin mining.

If you want guaranteed payment, mine with NiceHash. If you want to gamble, choose other pools or even solo pools.

I have used your pool for a few weeks now and do enjoy the daily payouts.

For historical purpoese what sort of spike did you actually see with the pay coin frenzy?

Miners were being paid about 10 times more than usually for about 5 days.

Last weekend I saw 30% and tonight 26%.  Why the frenzy now?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on April 20, 2015, 03:17:29 AM
Nicehash, where do you suggest to get the most recent and accurate information on what we should use as our password. Do you recommend using your main page for SHA-256? Currently it indicates 0.0119 and wondered if using that number or going up a bit higher to make it worth it? I wouldn't want my rigs switching too many times I guess. May as well want to make it worth it. I also some times do not have the access to change my password field, limited access to my miners. So that in itself could be a bust for me to use this type of proxy hashing. What do you think?


We have "percentage p=" on todo list, where you would be able to only specify % above or below current profitability of ideal 100% luck bitcoin mining. But even this would not solve the possible price tag, where your miners may constantly switch on/off. It is impossible to say what price to set that your miners would never fall into this mode.

It is good practice to use PPS backup pool for switching.

Another option is; you may simply ignore p=. NiceHash paid 4% above ideal 100% luck bitcoin mining in past 30 days and with 2% fee this means 2% above ideal 100% luck bitcoin mining. There are no other pools that can guarantee you this with extremely regular payments. Not to mention extreme spikes that can happen (paycoin for example). Down spikes are not often or very big - we have a lot of buyers that do arbitrage and they pull the price up towards 100% luck bitcoin mining.

If you want guaranteed payment, mine with NiceHash. If you want to gamble, choose other pools or even solo pools.

I have used your pool for a few weeks now and do enjoy the daily payouts.

For historical purpoese what sort of spike did you actually see with the pay coin frenzy?

Miners were being paid about 10 times more than usually for about 5 days.

Last weekend I saw 30% and tonight 26%.  Why the frenzy now?


as always a new alt coin take the money while you can. I am getting 0.02 price for it.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: rkinnin on April 20, 2015, 03:29:13 AM
Nicehash, where do you suggest to get the most recent and accurate information on what we should use as our password. Do you recommend using your main page for SHA-256? Currently it indicates 0.0119 and wondered if using that number or going up a bit higher to make it worth it? I wouldn't want my rigs switching too many times I guess. May as well want to make it worth it. I also some times do not have the access to change my password field, limited access to my miners. So that in itself could be a bust for me to use this type of proxy hashing. What do you think?


We have "percentage p=" on todo list, where you would be able to only specify % above or below current profitability of ideal 100% luck bitcoin mining. But even this would not solve the possible price tag, where your miners may constantly switch on/off. It is impossible to say what price to set that your miners would never fall into this mode.

It is good practice to use PPS backup pool for switching.

Another option is; you may simply ignore p=. NiceHash paid 4% above ideal 100% luck bitcoin mining in past 30 days and with 2% fee this means 2% above ideal 100% luck bitcoin mining. There are no other pools that can guarantee you this with extremely regular payments. Not to mention extreme spikes that can happen (paycoin for example). Down spikes are not often or very big - we have a lot of buyers that do arbitrage and they pull the price up towards 100% luck bitcoin mining.

If you want guaranteed payment, mine with NiceHash. If you want to gamble, choose other pools or even solo pools.

I have used your pool for a few weeks now and do enjoy the daily payouts.

For historical purpoese what sort of spike did you actually see with the pay coin frenzy?

Miners were being paid about 10 times more than usually for about 5 days.

Last weekend I saw 30% and tonight 26%.  Why the frenzy now?


as always a new shit coin take the money while you can. I am getting 0.02 price for it.

I am almost wondering if I should fire up my old s1's to help the cause??


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on April 20, 2015, 03:30:26 AM
Nicehash, where do you suggest to get the most recent and accurate information on what we should use as our password. Do you recommend using your main page for SHA-256? Currently it indicates 0.0119 and wondered if using that number or going up a bit higher to make it worth it? I wouldn't want my rigs switching too many times I guess. May as well want to make it worth it. I also some times do not have the access to change my password field, limited access to my miners. So that in itself could be a bust for me to use this type of proxy hashing. What do you think?


We have "percentage p=" on todo list, where you would be able to only specify % above or below current profitability of ideal 100% luck bitcoin mining. But even this would not solve the possible price tag, where your miners may constantly switch on/off. It is impossible to say what price to set that your miners would never fall into this mode.

It is good practice to use PPS backup pool for switching.

Another option is; you may simply ignore p=. NiceHash paid 4% above ideal 100% luck bitcoin mining in past 30 days and with 2% fee this means 2% above ideal 100% luck bitcoin mining. There are no other pools that can guarantee you this with extremely regular payments. Not to mention extreme spikes that can happen (paycoin for example). Down spikes are not often or very big - we have a lot of buyers that do arbitrage and they pull the price up towards 100% luck bitcoin mining.

If you want guaranteed payment, mine with NiceHash. If you want to gamble, choose other pools or even solo pools.

I have used your pool for a few weeks now and do enjoy the daily payouts.

For historical purpoese what sort of spike did you actually see with the pay coin frenzy?

Miners were being paid about 10 times more than usually for about 5 days.

Last weekend I saw 30% and tonight 26%.  Why the frenzy now?


as always a new alt coin take the money while you can. I am getting 0.02 price for it.

I am almost wondering if I should fire up my old s1's to help the cause??

Sure if it makes money sense do it.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: alh on April 20, 2015, 03:55:57 AM
Well, it appears that at least Westhash has gone back to being "in balance" where the cost to rent is higher than the price to sell hash to Westhash. If I am reading things correctly, I am getting up to .0235 for the hash I am renting to them. This is roughly double what I think I would expect to earn at almost any other BTC pool. None of this makes sense, and it obviously can't last, but it is VERY interesting.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on April 20, 2015, 03:59:42 AM
Well, it appears that at least Westhash has gone back to being "in balance" where the cost to rent is higher than the price to sell hash to Westhash. If I am reading things correctly, I am getting up to .0235 for the hash I am renting to them. This is roughly double what I think I would expect to earn at almost any other BTC pool. None of this makes sense, and it obviously can't last, but it is VERY interesting.

yeah my fixed rates have expired so the magical moment of paying 0.0101 to rent 50th and renting out 2th at 0.0212 is gone.

But my two avalon 4.1's are overclocked and earning 0.0212 as I type .   pretty good.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jeffy1021 on April 20, 2015, 01:13:18 PM
I wish I understood how this all worked, but I started pointing hash here while it's more than what I would get at PPLNS on 100% luck.  I also set p=0.0106 for the time being.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on April 20, 2015, 04:25:16 PM
I wish I understood how this all worked, but I started pointing hash here while it's more than what I would get at PPLNS on 100% luck.  I also set p=0.0106 for the time being.

set price higher then p=0.0106

westhash floor is 0.0115

nicehash floor is 0.0120


http://imagizer.imageshack.us/v2/1024x768q90/912/r1OhXJ.png



http://imagizer.imageshack.us/v2/1024x768q90/911/9jUXP6.png


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jeffy1021 on April 20, 2015, 07:14:10 PM
Thanks for the tip, I just finished reading the "Getting Started" section of their website so now I understand how buyers bid for hash. 

Supply and Demand  :)


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: alh on April 20, 2015, 08:20:34 PM
I am curious about something regarding when I "rent" my SP20 to Westhash. Over the last 24 hous, the "advertised" rate on the Westhash website has been well over .0127 based on my sampling of it. Assuming that we have two identical 1TH miners, but they use different p= values (say .0110 and .0120), would we expect a different payout for the two miners? I am trying to understand if I need to "demand" a higher rate, still below the advertised rate, in order to maximize my return.  I can see many different implementations, and how they might work.

Insight and experience comments would be greatly appreciated.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on April 20, 2015, 08:34:45 PM
I am curious about something regarding when I "rent" my SP20 to Westhash. Over the last 24 hous, the "advertised" rate on the Westhash website has been well over .0127 based on my sampling of it. Assuming that we have two identical 1TH miners, but they use different p= values (say .0110 and .0120), would we expect a different payout for the two miners? I am trying to understand if I need to "demand" a higher rate, still below the advertised rate, in order to maximize my return.  I can see many different implementations, and how they might work.

Insight and experience comments would be greatly appreciated.

Take a look at this FAQ: https://www.nicehash.com/index.jsp?p=faq#faqg1

Hashing power sellers are paid at the current weighted average price, which is refreshed each minute. Current price is displayed on the NiceHash.com front page.

You are not paid by particular order, neither you can't "demand higher rate" - you'll always be paid the same as all other miners - plain simple and fair ;)

The p= parameter is there only to disconnect your miner when the current weighted average price if lower the setting in your p= parameter (btw: if you take a look at the pool's past 30days stats you'll see that youe really don't even need to use any p= at all, since the payouts in average are very well above 100% luck ideal Bitcoin mining ;) )


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: rkinnin on April 20, 2015, 09:53:39 PM
Nicehash, where do you suggest to get the most recent and accurate information on what we should use as our password. Do you recommend using your main page for SHA-256? Currently it indicates 0.0119 and wondered if using that number or going up a bit higher to make it worth it? I wouldn't want my rigs switching too many times I guess. May as well want to make it worth it. I also some times do not have the access to change my password field, limited access to my miners. So that in itself could be a bust for me to use this type of proxy hashing. What do you think?


We have "percentage p=" on todo list, where you would be able to only specify % above or below current profitability of ideal 100% luck bitcoin mining. But even this would not solve the possible price tag, where your miners may constantly switch on/off. It is impossible to say what price to set that your miners would never fall into this mode.

It is good practice to use PPS backup pool for switching.

Another option is; you may simply ignore p=. NiceHash paid 4% above ideal 100% luck bitcoin mining in past 30 days and with 2% fee this means 2% above ideal 100% luck bitcoin mining. There are no other pools that can guarantee you this with extremely regular payments. Not to mention extreme spikes that can happen (paycoin for example). Down spikes are not often or very big - we have a lot of buyers that do arbitrage and they pull the price up towards 100% luck bitcoin mining.

If you want guaranteed payment, mine with NiceHash. If you want to gamble, choose other pools or even solo pools.

I have used your pool for a few weeks now and do enjoy the daily payouts.

For historical purpoese what sort of spike did you actually see with the pay coin frenzy?

Miners were being paid about 10 times more than usually for about 5 days.

Last weekend I saw 30% and tonight 26%.  Why the frenzy now?


as always a new alt coin take the money while you can. I am getting 0.02 price for it.

so you say you are getting .02 / where do I see what I am getting? 


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on April 20, 2015, 10:29:47 PM
Nicehash, where do you suggest to get the most recent and accurate information on what we should use as our password. Do you recommend using your main page for SHA-256? Currently it indicates 0.0119 and wondered if using that number or going up a bit higher to make it worth it? I wouldn't want my rigs switching too many times I guess. May as well want to make it worth it. I also some times do not have the access to change my password field, limited access to my miners. So that in itself could be a bust for me to use this type of proxy hashing. What do you think?


We have "percentage p=" on todo list, where you would be able to only specify % above or below current profitability of ideal 100% luck bitcoin mining. But even this would not solve the possible price tag, where your miners may constantly switch on/off. It is impossible to say what price to set that your miners would never fall into this mode.

It is good practice to use PPS backup pool for switching.

Another option is; you may simply ignore p=. NiceHash paid 4% above ideal 100% luck bitcoin mining in past 30 days and with 2% fee this means 2% above ideal 100% luck bitcoin mining. There are no other pools that can guarantee you this with extremely regular payments. Not to mention extreme spikes that can happen (paycoin for example). Down spikes are not often or very big - we have a lot of buyers that do arbitrage and they pull the price up towards 100% luck bitcoin mining.

If you want guaranteed payment, mine with NiceHash. If you want to gamble, choose other pools or even solo pools.

I have used your pool for a few weeks now and do enjoy the daily payouts.

For historical purpoese what sort of spike did you actually see with the pay coin frenzy?

Miners were being paid about 10 times more than usually for about 5 days.

Last weekend I saw 30% and tonight 26%.  Why the frenzy now?


as always a new alt coin take the money while you can. I am getting 0.02 price for it.

so you say you are getting .02 / where do I see what I am getting? 
the yellow line on your info page.. i really wish they updated that so you can turn off the other lines and get a better look at your info.. also adding an avg payout under the avg speed would be nice too.

https://www.westhash.com/index.jsp?p=miners&a=1&addr=1D1V2wvDg9hMjj7uFpHYW7Dk1yp3pvHrGs < change that to your address..



Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on April 20, 2015, 10:30:13 PM
Nicehash, where do you suggest to get the most recent and accurate information on what we should use as our password. Do you recommend using your main page for SHA-256? Currently it indicates 0.0119 and wondered if using that number or going up a bit higher to make it worth it? I wouldn't want my rigs switching too many times I guess. May as well want to make it worth it. I also some times do not have the access to change my password field, limited access to my miners. So that in itself could be a bust for me to use this type of proxy hashing. What do you think?


We have "percentage p=" on todo list, where you would be able to only specify % above or below current profitability of ideal 100% luck bitcoin mining. But even this would not solve the possible price tag, where your miners may constantly switch on/off. It is impossible to say what price to set that your miners would never fall into this mode.

It is good practice to use PPS backup pool for switching.

Another option is; you may simply ignore p=. NiceHash paid 4% above ideal 100% luck bitcoin mining in past 30 days and with 2% fee this means 2% above ideal 100% luck bitcoin mining. There are no other pools that can guarantee you this with extremely regular payments. Not to mention extreme spikes that can happen (paycoin for example). Down spikes are not often or very big - we have a lot of buyers that do arbitrage and they pull the price up towards 100% luck bitcoin mining.

If you want guaranteed payment, mine with NiceHash. If you want to gamble, choose other pools or even solo pools.

I have used your pool for a few weeks now and do enjoy the daily payouts.

For historical purpoese what sort of spike did you actually see with the pay coin frenzy?

Miners were being paid about 10 times more than usually for about 5 days.

Last weekend I saw 30% and tonight 26%.  Why the frenzy now?


as always a new alt coin take the money while you can. I am getting 0.02 price for it.

so you say you are getting .02 / where do I see what I am getting? 

http://i57.tinypic.com/e8skqo.png


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on April 20, 2015, 10:31:45 PM
Nicehash, where do you suggest to get the most recent and accurate information on what we should use as our password. Do you recommend using your main page for SHA-256? Currently it indicates 0.0119 and wondered if using that number or going up a bit higher to make it worth it? I wouldn't want my rigs switching too many times I guess. May as well want to make it worth it. I also some times do not have the access to change my password field, limited access to my miners. So that in itself could be a bust for me to use this type of proxy hashing. What do you think?


We have "percentage p=" on todo list, where you would be able to only specify % above or below current profitability of ideal 100% luck bitcoin mining. But even this would not solve the possible price tag, where your miners may constantly switch on/off. It is impossible to say what price to set that your miners would never fall into this mode.

It is good practice to use PPS backup pool for switching.

Another option is; you may simply ignore p=. NiceHash paid 4% above ideal 100% luck bitcoin mining in past 30 days and with 2% fee this means 2% above ideal 100% luck bitcoin mining. There are no other pools that can guarantee you this with extremely regular payments. Not to mention extreme spikes that can happen (paycoin for example). Down spikes are not often or very big - we have a lot of buyers that do arbitrage and they pull the price up towards 100% luck bitcoin mining.

If you want guaranteed payment, mine with NiceHash. If you want to gamble, choose other pools or even solo pools.

I have used your pool for a few weeks now and do enjoy the daily payouts.

For historical purpoese what sort of spike did you actually see with the pay coin frenzy?

Miners were being paid about 10 times more than usually for about 5 days.

Last weekend I saw 30% and tonight 26%.  Why the frenzy now?


as always a new alt coin take the money while you can. I am getting 0.02 price for it.

so you say you are getting .02 / where do I see what I am getting? 
the yellow line on your info page.. i really wish they updated that so you can turn off the other lines and get a better look at your info.. also adding an avg payout under the avg speed would be nice too.

https://www.westhash.com/index.jsp?p=miners&a=1&addr=1D1V2wvDg9hMjj7uFpHYW7Dk1yp3pvHrGs < change that to your address..



We have on todo list to switch to HighStock charts. Then, much more will be visible from these graphs.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: rkinnin on April 21, 2015, 12:48:04 AM
Nicehash, where do you suggest to get the most recent and accurate information on what we should use as our password. Do you recommend using your main page for SHA-256? Currently it indicates 0.0119 and wondered if using that number or going up a bit higher to make it worth it? I wouldn't want my rigs switching too many times I guess. May as well want to make it worth it. I also some times do not have the access to change my password field, limited access to my miners. So that in itself could be a bust for me to use this type of proxy hashing. What do you think?


We have "percentage p=" on todo list, where you would be able to only specify % above or below current profitability of ideal 100% luck bitcoin mining. But even this would not solve the possible price tag, where your miners may constantly switch on/off. It is impossible to say what price to set that your miners would never fall into this mode.

It is good practice to use PPS backup pool for switching.

Another option is; you may simply ignore p=. NiceHash paid 4% above ideal 100% luck bitcoin mining in past 30 days and with 2% fee this means 2% above ideal 100% luck bitcoin mining. There are no other pools that can guarantee you this with extremely regular payments. Not to mention extreme spikes that can happen (paycoin for example). Down spikes are not often or very big - we have a lot of buyers that do arbitrage and they pull the price up towards 100% luck bitcoin mining.

If you want guaranteed payment, mine with NiceHash. If you want to gamble, choose other pools or even solo pools.

I have used your pool for a few weeks now and do enjoy the daily payouts.

For historical purpoese what sort of spike did you actually see with the pay coin frenzy?

Miners were being paid about 10 times more than usually for about 5 days.

Last weekend I saw 30% and tonight 26%.  Why the frenzy now?


as always a new alt coin take the money while you can. I am getting 0.02 price for it.

so you say you are getting .02 / where do I see what I am getting? 

http://i57.tinypic.com/e8skqo.png

what page/url is that chart found?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: notlist3d on April 21, 2015, 01:34:33 AM
Last 24 hours sure have been a rollercoster.  Moved most of my miners during the huge upswing.  Has been a great time seeing the extra mining cash.

A thanks to smit for making the firmware for Bitmain gear.  Have been using on S4's and C1's.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: alh on April 21, 2015, 05:01:55 AM

so you say you are getting .02 / where do I see what I am getting? 

http://i57.tinypic.com/e8skqo.png

what page/url is that chart found?

Start with www.westhash.com, and scroll down about a page. You'll then see a table for Sellers and Buyers, listed by algorithm. I expect Nicehash is similar. I use Westhash since I am in Minnesota, USA.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: notlist3d on April 21, 2015, 01:14:15 PM

so you say you are getting .02 / where do I see what I am getting? 

http://i57.tinypic.com/e8skqo.png

what page/url is that chart found?

Start with www.westhash.com, and scroll down about a page. You'll then see a table for Sellers and Buyers, listed by algorithm. I expect Nicehash is similar. I use Westhash since I am in Minnesota, USA.

Nicehash/Westhash are exact same as far as seeing price paid on page.  This method works for either.

It has been another nice 24 hours, making a little extra coin with sending my miners over here.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on April 21, 2015, 07:16:25 PM
Nicehash, where do you suggest to get the most recent and accurate information on what we should use as our password. Do you recommend using your main page for SHA-256? Currently it indicates 0.0119 and wondered if using that number or going up a bit higher to make it worth it? I wouldn't want my rigs switching too many times I guess. May as well want to make it worth it. I also some times do not have the access to change my password field, limited access to my miners. So that in itself could be a bust for me to use this type of proxy hashing. What do you think?


We have "percentage p=" on todo list, where you would be able to only specify % above or below current profitability of ideal 100% luck bitcoin mining. But even this would not solve the possible price tag, where your miners may constantly switch on/off. It is impossible to say what price to set that your miners would never fall into this mode.

It is good practice to use PPS backup pool for switching.

Another option is; you may simply ignore p=. NiceHash paid 4% above ideal 100% luck bitcoin mining in past 30 days and with 2% fee this means 2% above ideal 100% luck bitcoin mining. There are no other pools that can guarantee you this with extremely regular payments. Not to mention extreme spikes that can happen (paycoin for example). Down spikes are not often or very big - we have a lot of buyers that do arbitrage and they pull the price up towards 100% luck bitcoin mining.

If you want guaranteed payment, mine with NiceHash. If you want to gamble, choose other pools or even solo pools.

I have used your pool for a few weeks now and do enjoy the daily payouts.

For historical purpoese what sort of spike did you actually see with the pay coin frenzy?

Miners were being paid about 10 times more than usually for about 5 days.

Last weekend I saw 30% and tonight 26%.  Why the frenzy now?


as always a new alt coin take the money while you can. I am getting 0.02 price for it.

so you say you are getting .02 / where do I see what I am getting? 
  you put in a price on your miner when I wrote that I had p=0.0202  as my password

see here
http://imagizer.imageshack.us/v2/1024x768q90/673/mne6ch.png

I then check here:

so right now I know I am getting p=0.0125 or more for the hash rate below

http://imagizer.imageshack.us/v2/1024x768q90/673/gKv6K1.png


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Rum152 on April 21, 2015, 09:02:02 PM
Nicehash, where do you suggest to get the most recent and accurate information on what we should use as our password. Do you recommend using your main page for SHA-256? Currently it indicates 0.0119 and wondered if using that number or going up a bit higher to make it worth it? I wouldn't want my rigs switching too many times I guess. May as well want to make it worth it. I also some times do not have the access to change my password field, limited access to my miners. So that in itself could be a bust for me to use this type of proxy hashing. What do you think?


We have "percentage p=" on todo list, where you would be able to only specify % above or below current profitability of ideal 100% luck bitcoin mining. But even this would not solve the possible price tag, where your miners may constantly switch on/off. It is impossible to say what price to set that your miners would never fall into this mode.

It is good practice to use PPS backup pool for switching.

Another option is; you may simply ignore p=. NiceHash paid 4% above ideal 100% luck bitcoin mining in past 30 days and with 2% fee this means 2% above ideal 100% luck bitcoin mining. There are no other pools that can guarantee you this with extremely regular payments. Not to mention extreme spikes that can happen (paycoin for example). Down spikes are not often or very big - we have a lot of buyers that do arbitrage and they pull the price up towards 100% luck bitcoin mining.

If you want guaranteed payment, mine with NiceHash. If you want to gamble, choose other pools or even solo pools.

I have used your pool for a few weeks now and do enjoy the daily payouts.

For historical purpoese what sort of spike did you actually see with the pay coin frenzy?

Miners were being paid about 10 times more than usually for about 5 days.

Last weekend I saw 30% and tonight 26%.  Why the frenzy now?


as always a new alt coin take the money while you can. I am getting 0.02 price for it.

so you say you are getting .02 / where do I see what I am getting? 
  you put in a price on your miner when I wrote that I had p=0.0202  as my password

see here
http://imagizer.imageshack.us/v2/1024x768q90/673/mne6ch.png

I then check here:

so right now I know I am getting p=0.0125 or more for the hash rate below

http://imagizer.imageshack.us/v2/1024x768q90/673/gKv6K1.png

Miners cannot choose which order to join. Even if you set p= higher than Currently paying and lower than high paying order, your miner will be disconnected. If you want to mine, you only need to have p= lower or equal to Currently paying value, thus part of table with info for buyers is useless for miners - it is there only for buyers so they can see for what price they can get hashing power. Same goes for buyers - miners part of table is useless for them - currently paying rate gives them no info about current hashrate market (they need to know order book, price interval of orders).


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jeffy1021 on April 21, 2015, 09:10:46 PM
Nicehash, thanks for providing upgraded firmware for my S4.  It is now up with extranonce subscription enabled.  Any chance you can post a pre-complied binary for my older SP10?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: silversurfer1958 on April 21, 2015, 09:25:03 PM
I've rented hashing power just to get into mining a long time ago, I very quickly learned that It cost more to rent these rigs than I earned in coins generated, but was worth the experience just to learn about pool settings etc.
These payouts seem too good to be true.
What stops someone renting from one of these less expensive other mining rig rental places and then renting them out at Nicehash for a massive profit.

I've got a spare 1.3 Gaw Zeusminer that's earning about 2 pennies per day, but costing 5 times that in electricity, might see If I can connect to Nicehash, see what happens, though it does seem too good to be true.




Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: notlist3d on April 21, 2015, 10:42:25 PM
Nicehash, thanks for providing upgraded firmware for my S4.  It is now up with extranonce subscription enabled.  Any chance you can post a pre-complied binary for my older SP10?

You might ask the SP team on updating firmware for it.

Again the past 24 hours have been pretty good pay.   Nice little bump in btc earned.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jeffy1021 on April 21, 2015, 10:56:50 PM
Nicehash, thanks for providing upgraded firmware for my S4.  It is now up with extranonce subscription enabled.  Any chance you can post a pre-complied binary for my older SP10?

You might ask the SP team on updating firmware for it.

Again the past 24 hours have been pretty good pay.   Nice little bump in btc earned.

Makes sense, I'll shoot a message over to them. 

Agreed on the good pay.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: notlist3d on April 22, 2015, 05:12:08 PM
Looks like it is slowly down right now.  Were around +15 percent on SHA so not the +40 we were enjoying.

I hope it goes back as it was very very nice to have.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on April 22, 2015, 06:03:32 PM
Looks like it is slowly down right now.  Were around +15 percent on SHA so not the +40 we were enjoying.

I hope it goes back as it was very very nice to have.

third diff adjustment in a row with a solid sha-256 bump


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: marvykkio on April 22, 2015, 06:08:25 PM
I went back to the original firmware, extranonce to me it did not work, I found 52740 errors and s5 was not active, then I do not know if it is normal that I see on nicehash hash values from 1200 gh / s, even down to 256 gh / s, 68 ghs, 620 gh / s


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: opentoe on April 22, 2015, 06:55:58 PM
I'm trying to mine 6 S5's right now on this pool at %100. Are speeds in GH/s move up real slow? I see 4750, 5000, but not just 6000 yet and at a total I have 6.9TH/s pointed there. Been like that for over a week, so the payments are nice. But want to make sure getting all the juice there.



Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aurel57 on April 22, 2015, 07:29:58 PM
I'm trying to mine 6 S5's right now on this pool at %100. Are speeds in GH/s move up real slow? I see 4750, 5000, but not just 6000 yet and at a total I have 6.9TH/s pointed there. Been like that for over a week, so the payments are nice. But want to make sure getting all the juice there.



My S5 hash shows all over the place up and down. I often wondered if this happens due to renters changing their price or canceling and the miner's hash is lost while switching pools?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on April 22, 2015, 08:05:58 PM
My S5 hash shows all over the place up and down. I often wondered if this happens due to renters changing their price or canceling and the miner's hash is lost while switching pools?

As long as you have updated cgminer (preferably smith's one from our software download page) and you enable #xnsub your connection/mining should be stable. Indeed, if you don't use #xnsub your miner will get disconnected but immediately reconnected when buyer's orders are switching.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on April 22, 2015, 10:40:19 PM
your site is not letting me place an order.  All I get is please wait after I enter the order.  So I guess you are under heavy ddos which is why cloud flare keep popping up.

I will order later in the day.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on April 22, 2015, 11:14:10 PM
Yes, the attackers have returned, we had to activate protection again.

We see that order placing works just fine now (according to logs).


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jeffy1021 on April 22, 2015, 11:15:23 PM
I'm using the S4 firmware on your site and set p=0.0115.  Now that the price has dropped below that value the S4 has stopped hashing, but the pool still shows as "alive" on the S4 page causing it not to switch to the backup pool.  I do not have this issue on the SP10 or SP20.  Any ideas?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on April 22, 2015, 11:17:54 PM
I'm using the S4 firmware on your site and set p=0.0115.  Now that the price has dropped below that value the S4 has stopped hashing, but the pool still shows as "alive" on the S4 page causing it not to switch to the backup pool.  I do not have this issue on the SP10 or SP20.  Any ideas?

This is a well known cgminer idlebug. Use our recommended software and this will not happen.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jeffy1021 on April 22, 2015, 11:21:41 PM
I'm using the S4 firmware on your site and set p=0.0115.  Now that the price has dropped below that value the S4 has stopped hashing, but the pool still shows as "alive" on the S4 page causing it not to switch to the backup pool.  I do not have this issue on the SP10 or SP20.  Any ideas?

This is a well known cgminer idlebug. Use our recommended software and this will not happen.

I'm using the S4 firmware on your page.  Is there another one I should be using?

https://www.westhash.com/index.jsp?p=software#asic
https://www.westhash.com/download/AntMiner-S4-SD-firmware_cgminer_4.9.0_nicehash_and_normal_fan.tar.gz


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: vabchgent on April 23, 2015, 02:22:58 AM
The idle bug is still there with the firmware from the site for the S4 tested it today and the S4 dropped. Any help would greatly be appreciated. Thanks 


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: marvykkio on April 23, 2015, 04:48:09 AM
I also have a problem with the firmware of your site, the speed is lowered significantly, up to log off, and I found a mountain of errors, almost 3%


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: notlist3d on April 23, 2015, 06:19:37 AM
I also have a problem with the firmware of your site, the speed is lowered significantly, up to log off, and I found a mountain of errors, almost 3%

Which firmware?  And did you try turning PSU off then on?

I had been using C1 and S4 firmware's last couple of day's both were working very well.   I just now went back to official software now that pay is not the 30-40 percent stuff that was nice.

But that if mine ran slow it seemed a reboot of the psu fixed it.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: marvykkio on April 23, 2015, 07:49:30 AM
the firmware and the site nicehash, to smith, the only one I know, with cgminer 4.9, I found 59000 hardware errors, something like 3.5% in 12 hours, so I returned to the official firmware of bitmain, 2015/04 / 15, the power and set to 365.2
default and 350M


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: notlist3d on April 24, 2015, 02:49:33 AM
It appears to be going back up I cannot understand whats happening.  Anyone know what coins are being mined or what's causing all the rentals? 

It was down to 2 percent I went to normal pools and now its up, I just dont get it.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on April 24, 2015, 03:48:57 AM
It appears to be going back up I cannot understand whats happening.  Anyone know what coins are being mined or what's causing all the rentals? 

It was down to 2 percent I went to normal pools and now its up, I just dont get it.

a lot of action is on the lotto tickets see screen shot I have a 15TH ticket lasts 1 day the block is mine if I hit it.

but price is 0.0127 for the fixed number.  while true number is around 0.0106 so anyone playing the lotto acts as a price driver somewhat not totally. I think the pool limits how many lotto tickets not sure.  Here is my  ticket along with others.

http://imagizer.imageshack.us/v2/1024x768q90/661/VlEpEP.png


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: marvykkio on April 24, 2015, 09:44:38 AM
nicehash the pool is going very badly, my miners 4x s5 disconnect, one miner crashes and I lose it, I always have to reboot, and is the third time that I find more than 59 000 errors


what happens? because I lose power?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on April 24, 2015, 11:59:35 AM
nicehash the pool is going very badly, my miners 4x s5 disconnect, one miner crashes and I lose it, I always have to reboot, and is the third time that I find more than 59 000 errors


what happens? because I lose power?

Problems of miners are always only problems of miners and not the pool. Our pool only sends you data to process. If your miner uses buggy software, this can cause problems described above. As always, we suggest you to update mining software on your hardware and address your complaints and queries to manufacturer where you purchased your device.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: marvykkio on April 24, 2015, 12:39:20 PM
my firmware to the site bitmain, and that of your pool with cgminer4.9


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: profall on April 24, 2015, 05:35:50 PM

Mining Pool Reviews, Ratings and Rankings. 

www.BlockGen.net (http://blockgen.net)



NiceHash is listed on BlockGen, you can review them here: http://blockgen.net/miningPool/66


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: marvykkio on April 26, 2015, 06:00:11 AM
I do not know what to say, I tried both with firmware that smit with firmware ogiginale of, the fall of the same hash and also avendoxnsub activated, and then compensatory payments only the first time I had three payments in a day, never four, maybe because I was lucky to find 15 blocks, so at least there was written on the page of my s5 :-[


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: notlist3d on April 26, 2015, 06:48:54 AM
I do not know what to say, I tried both with firmware that smit with firmware ogiginale of, the fall of the same hash and also avendoxnsub activated, and then compensatory payments only the first time I had three payments in a day, never four, maybe because I was lucky to find 15 blocks, so at least there was written on the page of my s5 :-[

It makes me wonder if you are not meting requirements.  How much hash do you have pointed twords nicehash? 

Also it's around 5 percent less than BTC so a lot will be pointing away from nicehash for the moment.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on April 26, 2015, 03:20:49 PM
I do not know what to say, I tried both with firmware that smit with firmware ogiginale of, the fall of the same hash and also avendoxnsub activated, and then compensatory payments only the first time I had three payments in a day, never four, maybe because I was lucky to find 15 blocks, so at least there was written on the page of my s5 :-[

 2 very simple questions.

 how many s-5's do you rent to nicehash?

what are you setting the   password to?




the 15 blocks found means nothing as the person renting from you is not mining btc 1 s-5 can not find 15 blocks in 1 day.  It is next to impossible odds for that to happen.

the chance of you finding 1 block on btc with 1 s-5 is:
1 in 2000 each day. 
2 blocks is 2,000 x 2,000
3 blocks is 2,000 x 2,000 x 2,000
4 blocks is 2,000 x 2,000 x 2,000 x 2,000

 by the time you get to 15 blocks it is a really big number .

You are getting little diff coin and it wreaks havoc with your gear.  Too much work on the controller.

May I ask what country you are in?
please try westhash for 6 hours then try nicehash for 6 hours  one may work a lot better for you.

other suggestion set  your pass word to p=0.0104  you may get better results but  really check the low end miners

low end is at 0.0106
if you go under by a little bit you may get stable results

http://imagizer.imageshack.us/v2/1280x1024q90/910/P9A5pn.png



 


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Gws24 on April 27, 2015, 05:56:16 PM
lol, somebody is overpaying a bit; probably missed a zero  :)

http://i.imgur.com/K5q81ar.png


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jeffy1021 on April 27, 2015, 06:26:01 PM
haha good thing it was a small order


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: notlist3d on April 28, 2015, 12:20:50 AM
A feature I suggest is set it where current pay can not go under current BTC price.  For example it's -8 percent compared to just mining right now.

Since it appears people are not using price control, i suggest putting that limit.  Maybe direct hash to regular btc pool, when it's under current btc expected earning.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jeffy1021 on April 28, 2015, 03:52:08 PM
What causes the rate to drop below the direct mining rate?  Is it because there is less demand for hash power due to the low price of BTC now?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: notlist3d on April 28, 2015, 03:56:24 PM
What causes the rate to drop below the direct mining rate?  Is it because there is less demand for hash power due to the low price of BTC now?

It's based on the orders put in.  If fewer people request hash, there is less competing and price goes down.

Currently It's 8 percent under BTC mining.   I think it's obvious a lot are not using password to set a minimum payment.  I think at 0 percent they should point it twords a regular pool.  I suggested that as a feature.

Anyways right now good time if you want to buy hash.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Gws24 on April 28, 2015, 04:15:27 PM
just rented some at 0.0093 btc/TH/day so really cheap at the moment.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: marvykkio on April 28, 2015, 05:06:31 PM
some of you are using firmware smith with cgminer 4.9? for antminer s5?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Digitalmocking on April 28, 2015, 06:24:39 PM
some of you are using firmware smith with cgminer 4.9? for antminer s5?

Yes, that's what I use on all 6 of my S5s.

I haven't had a lockup, but if there's a lot of swapping back and for the hash rate on the S5s will drop to around 1th/s once they're back on their primary pool until you reboot.  For now I've just put the price so high on the S5s they won't switch over unless its very lucrative. 

All of the Spondoolies boxes can swap back and forth at will without issue.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: marvykkio on April 28, 2015, 06:36:48 PM
spondoolies is no longer in production :'(


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Digitalmocking on April 28, 2015, 07:28:47 PM
spondoolies is no longer in production :'(

For home mining it looks like.  I'm hoping small scale business miners will still be able to purchase their products.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: rkinnin on April 28, 2015, 10:21:03 PM
spondoolies is no longer in production :'(

For home mining it looks like.  I'm hoping small scale business miners will still be able to purchase their products.

One has to wonder because if you go to their site all the products listed as "out of stock".

While I never had the opportunity to try their boxes out, it was always on my bucket list.   :-\


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: opentoe on April 29, 2015, 01:02:00 AM
some of you are using firmware smith with cgminer 4.9? for antminer s5?

Have that on all my S5's. Bitmain doesn't want to make their own so we have to use other people's talents in programming.
Run very stable.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: notlist3d on April 29, 2015, 02:03:12 AM
some of you are using firmware smith with cgminer 4.9? for antminer s5?

I only like to run it on ones that run off the SD card.  I have used the S4, and C1.  Smit did a very nice job on the firmware.  Works great with nicehash/westhash.

I usually go back to original after I'm done mining here just so I'm running official firmware.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: -ck on April 29, 2015, 10:30:31 AM
Dear nicehash/westhash admins/programmers.

If you disconnect miners that have been idle for 5 minutes you will get into a never ending fight with cgminer clients that only fail back to stable pools after 5 minutes leading to a persistent resonating failure. Can I suggest you increase your disconnect timer to longer, say 10 minutes, if you must have one.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: marvykkio on April 29, 2015, 11:17:04 AM
I have tried the firmware of smith with cgminer 4.9, but does not change anything on the site nicehash, the miner fall the same, ???

this and a problem of their pool, not the miners,


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on April 29, 2015, 08:21:21 PM
Dear nicehash/westhash admins/programmers.

If you disconnect miners that have been idle for 5 minutes you will get into a never ending fight with cgminer clients that only fail back to stable pools after 5 minutes leading to a persistent resonating failure. Can I suggest you increase your disconnect timer to longer, say 10 minutes, if you must have one.

We have this idle kick timeout to protect from botnet miners.

10 minutes seems too much, but we will put it to 6 minutes.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kano on April 30, 2015, 01:05:11 AM
Dear nicehash/westhash admins/programmers.

If you disconnect miners that have been idle for 5 minutes you will get into a never ending fight with cgminer clients that only fail back to stable pools after 5 minutes leading to a persistent resonating failure. Can I suggest you increase your disconnect timer to longer, say 10 minutes, if you must have one.

We have this idle kick timeout to protect from botnet miners.

10 minutes seems too much, but we will put it to 6 minutes.
Hmm ... that reads as:
We have a kick that we didn't test properly that's been kicking miners off our pool ...
That 'seems' like a good idea.
Thanks for telling us we screwed up and didn't know what we were doing but we aren't going to take your advice coz we like kicking miners off our pool.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: marvykkio on April 30, 2015, 10:36:37 AM
2015/04/29 16:04:56   2f8a3387077f267b14b233c9d16545a513584e2dde2aad46874629685f95747d   erning 0.00739526      fee 0.00015092

and this was the last payment that I received yesterday at 16:04



5 minute accepted speed GH/s   3235.7720
5 minute rejected speed GH/s   0.0000 (0.00%)
Rejected - shares above target GH/s   0.0000
Rejected - stale shares GH/s   0.0000
Rejected - duplicate shares GH/s   0.0000
Rejected - other GH/s   0.0000
Unpaid balance BTC   0.02616343


and this is what I gained from yesterday to today  0.02616343

4x antminer S5 ???


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: josephno1 on May 01, 2015, 12:43:53 AM
lol, somebody is overpaying a bit; probably missed a zero  :)

http://i.imgur.com/K5q81ar.png

Oh damn that is painful


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: notlist3d on May 01, 2015, 12:47:41 AM
lol, somebody is overpaying a bit; probably missed a zero  :)

http://i.imgur.com/K5q81ar.png

Oh damn that is painful

I feel sorry for someone.  Wish it would have warned them "Wow your doing 10 x more do you mean to?"

Some one will have a bad night tonight.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: marvykkio on May 01, 2015, 07:17:08 AM
I do not understand when you say to set a value on the password,? I as a password on my 4x s5 I put X in all the miners, what I did wrong? :o


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: notlist3d on May 01, 2015, 07:28:07 AM
I do not understand when you say to set a value on the password,? I as a password on my 4x s5 I put X in all the miners, what I did wrong? :o

Take a look over here for example : https://www.nicehash.com/?p=faq#faqs4  That is their official site.  It will explain it better but in password it has:

p=price

And yes you need to put it in every miner.   If you just put in one just that one will be using it.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: marvykkio on May 01, 2015, 07:30:19 AM
my question is: what is set P = price? that is, what advantage do you get?


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Gws24 on May 01, 2015, 11:11:05 AM
my question is: what is set P = price? that is, what advantage do you get?

The rate on nicehash paid to miners is sometimes below what you would get on a normal pool. To avoid that you input p=0.011 for instance so you only rent your rigs out when nicehash pays more then a normal pool.


edit:

screenshot of the rate paid to miners from https://www.nicehash.com/index.jsp?p=stats

http://i.imgur.com/iNcqyqs.png

As you can see there are times when miners only get paid 0.0096 btc/TH/day. F2pool rate for instance is currently 0.01014056*  

*not sure if their 4% fee is already subtracted but even we take that out it pays 0.009735 which is more then nicehash


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jeffy1021 on May 01, 2015, 07:52:31 PM
The idle bug is still there with the firmware from the site for the S4 tested it today and the S4 dropped. Any help would greatly be appreciated. Thanks 

Does the latest S4 firmware from Bitmain have the idle bug?  I would rather have reliable switching between nicehash and my backup pool using "p=0.0xx" versus using the firmware from Nicehash just to have extranonce subscription.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jeffy1021 on May 01, 2015, 08:03:23 PM
Also, OP you may want to update the thread title to say 3% fee.  I know it was only recently changed it but people might find it misleading.


Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jeffy1021 on May 01, 2015, 08:48:47 PM
0.0127 right now!

But I'm sure it wont last long


Title: Re: [PPS 3%] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on May 01, 2015, 11:35:13 PM
whatever coin you guys were mining today bugged out my s5 again.
it caused it to jam up and throw out 100,000 HWE with 0.00 hash rate.

i had to turn it off and back on again.. the s3s worked just fine..



Title: Re: [PPS 3%] NiceHash.com pool - higher profits than direct mining BTC!
Post by: notlist3d on May 02, 2015, 06:30:00 AM
whatever coin you guys were mining today bugged out my s5 again.
it caused it to jam up and throw out 100,000 HWE with 0.00 hash rate.

i had to turn it off and back on again.. the s3s worked just fine..



Not all S5's seem to like mining here. It can go wrong and you will just get a huge reject/hwe.   They did create a S5 firmware that makes it work perfect with nice hash, no it's not an official firmware.

I personally have used it on my C1's and S4's, but I have not been brave enough to do it on my S5.  You will find others who have though.

If you are just going to mine here and no where else you might look at firmware, but be careful as I'm not sure what unofficial firmware does to warranty.


Title: Re: [PPS 3%] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on May 02, 2015, 06:33:14 AM
whatever coin you guys were mining today bugged out my s5 again.
it caused it to jam up and throw out 100,000 HWE with 0.00 hash rate.

i had to turn it off and back on again.. the s3s worked just fine..



Not all S5's seem to like mining here. It can go wrong and you will just get a huge reject/hwe.   They did create a S5 firmware that makes it work perfect with nice hash, no it's not an official firmware.

I personally have used it on my C1's and S4's, but I have not been brave enough to do it on my S5.  You will find others who have though.

If you are just going to mine here and no where else you might look at firmware, but be careful as I'm not sure what unofficial firmware does to warranty.

with the new 3% fee the price would have to go up pretty high to mine here..
with all the issues, it might not be worth it.

my s3s dont have any problems. i guess bitmain needs to come up with a fix for the s5.


Title: Re: [PPS 3%] NiceHash.com pool - higher profits than direct mining BTC!
Post by: notlist3d on May 02, 2015, 06:39:49 AM
whatever coin you guys were mining today bugged out my s5 again.
it caused it to jam up and throw out 100,000 HWE with 0.00 hash rate.

i had to turn it off and back on again.. the s3s worked just fine..



Not all S5's seem to like mining here. It can go wrong and you will just get a huge reject/hwe.   They did create a S5 firmware that makes it work perfect with nice hash, no it's not an official firmware.

I personally have used it on my C1's and S4's, but I have not been brave enough to do it on my S5.  You will find others who have though.

If you are just going to mine here and no where else you might look at firmware, but be careful as I'm not sure what unofficial firmware does to warranty.

with the new 3% fee the price would have to go up pretty high to mine here..
with all the issues, it might not be worth it.

my s3s dont have any problems. i guess bitmain needs to come up with a fix for the s5.


I only mine here when it hit's the 20+ mark.   So not really a issue for me.  No it's not my daily pool.  But at certain times it is great little bonus on mining.

It looks like plus 10 right now so it's higher then fee, and 7 more percent.  Not enough where I move my rigs here.  But I will agree 7 percent is a decent number.  I watch it closly as during last week I saw some times it was as low as negative 8 percent.  I think that is something that should not happen.  I suggested ideas to stop it.


Title: Re: [PPS 3%] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on May 03, 2015, 02:46:03 AM
 my 2 avalon 4.1's are good to go.    they work well on nicehash or westhash.


Title: Re: [PPS 3%] NiceHash.com pool - higher profits than direct mining BTC!
Post by: josephno1 on May 03, 2015, 02:48:57 AM
I love mining with their multi alg thing with 3 280x :)


Title: Re: [PPS 3%] NiceHash.com pool - higher profits than direct mining BTC!
Post by: marvykkio on May 03, 2015, 05:34:27 AM
someone make one more screanshot of a configuration of your S5? so I see how you've set the pass? p = 00126,? because I've tried it, but my miners not depart they remain stationary


Title: Re: [PPS 3%] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on May 03, 2015, 05:57:26 AM
someone make one more screanshot of a configuration of your S5? so I see how you've set the pass? p = 00126,? because I've tried it, but my miners not depart they remain stationary

no spaces and lowercase p..
so

p=0.0126

but then you wont mine much at that price.. it hasnt been that high in awhile.



Title: Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC!
Post by: josephno1 on May 03, 2015, 07:31:21 PM
my question is: what is set P = price? that is, what advantage do you get?

For example sometimes on nicehash, the price that people pay for hash power drops bellow the amount that you would have gotten say if you were to mine at Discus Fish. By setting the price, you can mine only when it is profitable to mine


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: opentoe on May 03, 2015, 08:04:47 PM
Man, some people are pretty arrogant.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: mdude77 on May 04, 2015, 02:46:09 AM
I've receive 8 "order running low" emails now about the same order that has been untouched for 36 hours.  It seems that every time my order doesn't get hash because prices change, it resets the indicator, and next time it starts back up, I get another email.

M


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: josephno1 on May 04, 2015, 03:24:00 AM
I've receive 8 "order running low" emails now about the same order that has been untouched for 36 hours.  It seems that every time my order doesn't get hash because prices change, it resets the indicator, and next time it starts back up, I get another email.

M

You can change your email settings so that you don't get the "order running low" emails since they are super annoying


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: mdude77 on May 04, 2015, 12:08:54 PM
I've receive 8 "order running low" emails now about the same order that has been untouched for 36 hours.  It seems that every time my order doesn't get hash because prices change, it resets the indicator, and next time it starts back up, I get another email.

M

You can change your email settings so that you don't get the "order running low" emails since they are super annoying

Yes.  However, they are useful once.  Not 8 times.

M


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on May 04, 2015, 06:58:50 PM
I've receive 8 "order running low" emails now about the same order that has been untouched for 36 hours.  It seems that every time my order doesn't get hash because prices change, it resets the indicator, and next time it starts back up, I get another email.

M

You can change your email settings so that you don't get the "order running low" emails since they are super annoying

Yes.  However, they are useful once.  Not 8 times.

M

If your speed goes up and then down again, mail will be sent again.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: mdude77 on May 05, 2015, 01:00:10 AM
I've receive 8 "order running low" emails now about the same order that has been untouched for 36 hours.  It seems that every time my order doesn't get hash because prices change, it resets the indicator, and next time it starts back up, I get another email.

M

You can change your email settings so that you don't get the "order running low" emails since they are super annoying

Yes.  However, they are useful once.  Not 8 times.

M

If your speed goes up and then down again, mail will be sent again.

Yes.  That's what I just said.  If that's a "feature", it should be removed.

M


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on May 06, 2015, 12:57:43 PM
What is this order on west hash and or nice hash

on westhash it is #374830

on nicehash it is  #374774

these are new and look as false floors that nice and west hash use to pocket mining.

I don't begrudge you making money as we had a long relationship with my signature and as of right now I am using you to rent.
I get that a false floor could be needed to protect your company.
But right now it is costing me money on nicehash as it is set at 0.0096
Maybe I misunderstand it but it has no funds and is set to mine forever with no hash limit.
Please explain this to us.

http://imagizer.imageshack.us/v2/1280x1024q90/913/OQANvJ.png

http://imagizer.imageshack.us/v2/1280x1024q90/540/TY6O1L.png


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on May 06, 2015, 01:01:19 PM
I normally don't double post but look at this page my orders are in blue.

The mystery order is just under my orders.

So if I want to drop to 0.0096 this will kill my hash

So what is order #374774?


http://imagizer.imageshack.us/v2/1280x1024q90/909/gzPGI7.png


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on May 06, 2015, 01:33:28 PM
https://www.nicehash.com/?p=faq#faqb14


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on May 06, 2015, 01:34:27 PM
I normally don't double post but look at this page my orders are in blue.

The mystery order is just under my orders.

So if I want to drop to 0.0096 this will kill my hash

So what is order #374774?

Hi, Phil.

This is no mystery order, take a look at the bottom of the orders list: there is a link to FAQ with explanation. We marked it explicitly since we want to provide absolutely transparent service.

Additional information: As you know, NiceHash/WestHash doesn't have it's own hashing power, it completely relies on hashing power sellers. And of course, sellers are not interested in selling hashing power below a certain level of profitability (currently -8%) - we've received several feedback from miners with these concerns. Therefore to sustain a long-term relationship with miners (sellers) we have to provide them at least a decent sustainable price. Otherwise miners (sellers) will go away and there will be no hash to buy whatsoever, or when hash power will be too small prices will go higher. Hopefully you understand this.

It is of no intention for us to make any money with arbitrage orders (since we're not running our own Bitcoin mining pools we have to point arbitrage order to external pools and taking into account variance and external pool fees, therefore arbitrage order will always basically generate us a 0 profit).

Anyway, this might not be our final decision, we're testing out this approach, but we have to find a way for long-term balance between sellers & miners expectations.

Of course, as always, comments are welcome, from both sellers and buyers.

Thank you for using our service!


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Prelude on May 06, 2015, 01:39:46 PM
I normally don't double post but look at this page my orders are in blue.

The mystery order is just under my orders.

So if I want to drop to 0.0096 this will kill my hash

So what is order #374774?

Hi, Phil.

This is no mystery order, take a look at the bottom of the orders list: there is a link to FAQ with explanation. We marked it explicitly since we want to provide absolutely transparent service.

Additional information: As you know, NiceHash/WestHash doesn't have it's own hashing power, it completely relies on hashing power sellers. And of course, sellers are not interested in selling hashing power below a certain level of profitability (currently -8%) - we've received several feedback from miners with these concerns. Therefore to sustain a long-term relationship with miners (sellers) we have to provide them at least a decent sustainable price. Otherwise miners (sellers) will go away and there will be no hash to buy whatsoever, or when hash power will be too small prices will go higher. Hopefully you understand this.

It is of no intention for us to make any money with arbitrage orders (since we're not running our own Bitcoin mining pools we have to point arbitrage order to external pools and taking into account variance and external pool fees, therefore arbitrage order will always basically generate us a 0 profit).

Anyway, this might not be our final decision, we're testing out this approach, but we have to find a way for long-term balance between sellers & miners expectations.

Of course, as always, comments are welcome, from both sellers and buyers.

Thank you for using our service!

Strongly disagree with this, and I'm a seller. Let the market dictate the price. If sellers don't like the price, they'll switch to another pool until the price comes back up. Anyone mining for -8% (-10% with fee) isn't really keeping an eye on their equipment.

Bottom line is you're costing people money. Let the market regulate it's self.

Was about to place an order, but will take it to MRR instead. I won't be using NH/WH anymore as a seller or buyer until this is resolved.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on May 06, 2015, 01:48:38 PM



Strongly disagree with this, and I'm a seller. Let the market dictate the price. If sellers don't like the price, they'll switch to another pool until the price comes back up. Anyone mining for -8% (-10% with fee) isn't really keeping an eye on their equipment.

Bottom line is you're costing people money. Let the market regulate it's self.

Was about to place an order, but will take it to MRR instead. I won't be using NH/WH anymore as a seller or buyer until this is resolved.


Well I really like both nice and west hash.

 I have:

A) rented to nice/west hash
B) rented from nice/west hash
C) sold my signature space for 4 or 5 months .

I get that a floor is not the worst idea and you did highlight it. I do think that

it is a form of protectionism.  

As Prelude wrote   (paraphrased by me here)  if you are renting at 10% under- market pay attention and you will be fine.

  I pay attention. I do not use bots
I rent to you when price is high.
I rent from you when price is low.
So my legwork and effort to earn more gets tossed away. By a false bottom.



If you have  a false bottom you need a false top in fact you leave your company open to attack via a lawsuit.  Look at over payers.  Below.

   How about this point? someone puts in a 10btc order at 0.097  He would have a legitimate complaint against you because you put in a false bottom  to protect the ones renting to you.  But no false top to protect the ones renting from you.





 sooo00 why not protect this guy as  he is overpaying  for hash.

http://imagizer.imageshack.us/v2/1280x1024q90/540/6GzZ6p.png

better yet  look at this poor guy!!!

http://i.imgur.com/K5q81ar.png


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on May 06, 2015, 05:06:01 PM
A quick thank you to nicehash…. They have done what I think is a fair compromise.  they reduced the protective floor from unlimited to 1000th.  Thank you for an effort to met in the middle.

  The new way notice the 1000th limit which:

A) affords somewhat of a safety net  for people renting to nicehash and are too busy to check prices.
B) still allows for watchful  people renting from nicehash to grab a bargain.


Thanks again.  Many pools and or services are: " fuck you blow me bitch "

I really like that you did a compromise.  I will continue to use your services.

Notice my orders in blue can now fit under the floor set.


http://imagizer.imageshack.us/v2/1024x768q90/537/hNZlDj.png


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on May 06, 2015, 05:22:14 PM
A quick thank you to nicehash…. They have done what I think is a fair compromise.  they reduced the protective floor from unlimited to 1000th.  Thank you for an effort to met in the middle.

  The new way notice the 1000th limit which:

A) affords somewhat of a safety net  for people renting to nicehash and are too busy to check prices.
B) still allows for watchful  people renting from nicehash to grab a bargain.


Thanks again.  Many pools and or services are: " fuck you blow me bitch "

I really like that you did a compromise.  I will continue to use your services.

Notice my orders in blue can now fit under the floor set.

Yes, that's correct, we'll try to balance the system to benefit both miners and sellers, so that arbitrage order will always be just a percentage of all available hashing power (not bound to 1 PH, might be less or more, in dependence of total hashing power available).

Thank you for you feedback and @Prelude don't forget that buying prices at MRR are at least 20-30% higher than the cheapest hashing power at NiceHash/WestHash ;).

Keep on hashing ;)


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Prelude on May 06, 2015, 05:22:49 PM
Eh, I still see this the same way I see governmental meddling. 1PH floor is better than unlimited, sure, but you're still being forced to pay more than you would without their floor. You're losing out on money and shares, shares which could potentially find a block.

I understand what NH's intention is, but personally I say keep your fingers out of the pot. I think most users will agree. I wouldn't be surprised to see a competitor to nicehash's business model pop up if this floor stays.

Also, if nicehash wants to use power for themselves, that's fine. They should play by the same rules as everyone else, though. They get a 2% discount to start with, anyways.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Prelude on May 06, 2015, 05:25:41 PM
A quick thank you to nicehash…. They have done what I think is a fair compromise.  they reduced the protective floor from unlimited to 1000th.  Thank you for an effort to met in the middle.

  The new way notice the 1000th limit which:

A) affords somewhat of a safety net  for people renting to nicehash and are too busy to check prices.
B) still allows for watchful  people renting from nicehash to grab a bargain.


Thanks again.  Many pools and or services are: " fuck you blow me bitch "

I really like that you did a compromise.  I will continue to use your services.

Notice my orders in blue can now fit under the floor set.

Yes, that's correct, we'll try to balance the system to benefit both miners and sellers, so that arbitrage order will always be just a percentage of all available hashing power (not bound to 1 PH, might be less or more, in dependence of total hashing power available).

Thank you for you feedback and @Prelude don't forget that buying prices at MRR are at least 20-30% higher than the cheapest hashing power at NiceHash/WestHash ;).

Keep on hashing ;)

The 20-30% premium is acceptable when you consider the advantages and additional features MRR brings. That's not a knock on nicehash, which I think is a great service too.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on May 06, 2015, 06:02:26 PM
A quick thank you to nicehash…. They have done what I think is a fair compromise.  they reduced the protective floor from unlimited to 1000th.  Thank you for an effort to met in the middle.

  The new way notice the 1000th limit which:

A) affords somewhat of a safety net  for people renting to nicehash and are too busy to check prices.
B) still allows for watchful  people renting from nicehash to grab a bargain.


Thanks again.  Many pools and or services are: " fuck you blow me bitch "

I really like that you did a compromise.  I will continue to use your services.

Notice my orders in blue can now fit under the floor set.

Yes, that's correct, we'll try to balance the system to benefit both miners and sellers, so that arbitrage order will always be just a percentage of all available hashing power (not bound to 1 PH, might be less or more, in dependence of total hashing power available).

Thank you for you feedback and @Prelude don't forget that buying prices at MRR are at least 20-30% higher than the cheapest hashing power at NiceHash/WestHash ;).

Keep on hashing ;)

The 20-30% premium is acceptable when you consider the advantages and additional features MRR brings. That's not a knock on nicehash, which I think is a great service too.

We are not aware of any benefits, besides possible need to submit tickets for refunds when rental not works as expected. But if you really know about some benefits that could improve our service, let us know.

When it comes to this 'floor order' - this is currently testing feature and we will decide how to proceed with this depending how customers respond to it.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on May 06, 2015, 06:04:06 PM
A quick thank you to nicehash…. They have done what I think is a fair compromise.  they reduced the protective floor from unlimited to 1000th.  Thank you for an effort to met in the middle.

  The new way notice the 1000th limit which:

A) affords somewhat of a safety net  for people renting to nicehash and are too busy to check prices.
B) still allows for watchful  people renting from nicehash to grab a bargain.


Thanks again.  Many pools and or services are: " fuck you blow me bitch "

I really like that you did a compromise.  I will continue to use your services.

Notice my orders in blue can now fit under the floor set.

Yes, that's correct, we'll try to balance the system to benefit both miners and sellers, so that arbitrage order will always be just a percentage of all available hashing power (not bound to 1 PH, might be less or more, in dependence of total hashing power available).

Thank you for you feedback and @Prelude don't forget that buying prices at MRR are at least 20-30% higher than the cheapest hashing power at NiceHash/WestHash ;).

Keep on hashing ;)

The 20-30% premium is acceptable when you consider the advantages and additional features MRR brings. That's not a knock on nicehash, which I think is a great service too.

yeah I am free market on some levels.  I was getting some really low prices occasionally.  I had the time to look for a price and rent.

  I am always a half loaf is better then none type of guy.  So I do appreciate the compromise idea.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on May 07, 2015, 09:44:10 PM
i like the new stats chart, but it would be nice if you added an avg payrate and a avg % above or below the payline to it.

that way i can click on say 1d and see what my avg payout was and my % above or below the payline was.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: icebear888 on May 08, 2015, 12:46:46 AM
I normally don't double post but look at this page my orders are in blue.

The mystery order is just under my orders.

So if I want to drop to 0.0096 this will kill my hash

So what is order #374774?

Hi, Phil.

This is no mystery order, take a look at the bottom of the orders list: there is a link to FAQ with explanation. We marked it explicitly since we want to provide absolutely transparent service.

Additional information: As you know, NiceHash/WestHash doesn't have it's own hashing power, it completely relies on hashing power sellers. And of course, sellers are not interested in selling hashing power below a certain level of profitability (currently -8%) - we've received several feedback from miners with these concerns. Therefore to sustain a long-term relationship with miners (sellers) we have to provide them at least a decent sustainable price. Otherwise miners (sellers) will go away and there will be no hash to buy whatsoever, or when hash power will be too small prices will go higher. Hopefully you understand this.

It is of no intention for us to make any money with arbitrage orders (since we're not running our own Bitcoin mining pools we have to point arbitrage order to external pools and taking into account variance and external pool fees, therefore arbitrage order will always basically generate us a 0 profit).

Anyway, this might not be our final decision, we're testing out this approach, but we have to find a way for long-term balance between sellers & miners expectations.

Of course, as always, comments are welcome, from both sellers and buyers.

Thank you for using our service!

Strongly disagree with this, and I'm a seller. Let the market dictate the price. If sellers don't like the price, they'll switch to another pool until the price comes back up. Anyone mining for -8% (-10% with fee) isn't really keeping an eye on their equipment.

Bottom line is you're costing people money. Let the market regulate it's self.

Was about to place an order, but will take it to MRR instead. I won't be using NH/WH anymore as a seller or buyer until this is resolved.

You are correct bro ..
this is the first time see service like this .. i well stopped my account in this service .. fuck you nicehash


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on May 08, 2015, 06:18:37 AM
You are correct bro ..
this is the first time see service like this ..

As you can see we'are adjusting the arbitrage level to a very modest level purely to give a minimum level of protection for miners so that the mining profitability wouldn't drop into unreasonable levels.

Also, there are many services doing internal protection measures and leveling to make sure service is optimal for all involved parties (even exchanges at some levels). Probably the main difference is that in our case we decided to do it in a completely transparent and public open manner since we're big supporters for open market and transparent services.

Kind regards,
NiceHash


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: icebear888 on May 08, 2015, 01:32:59 PM
You are correct bro ..
this is the first time see service like this ..

As you can see we'are adjusting the arbitrage level to a very modest level purely to give a minimum level of protection for miners so that the mining profitability wouldn't drop into unreasonable levels.

Also, there are many services doing internal protection measures and leveling to make sure service is optimal for all involved parties (even exchanges at some levels). Probably the main difference is that in our case we decided to do it in a completely transparent and public open manner since we're big supporters for open market and transparent services.

Kind regards,
NiceHash


That's no correct , if many company doing that , maybe the best company need to do that the exchange company like BTC-e OR Bitstamp , to protect the bitcoin not going down .
You need to look more for this addition , or you well lose more client's

Regards


Title: Re: [BTC +1000%] Try NiceHash.com pool, INSANE Bitcoin +1000% profits atm!!!
Post by: Searing on May 08, 2015, 01:37:33 PM
We need more hashing power! What are you waiting for, point your SHA256 miners to NiceHash.com / WestHash.com!

alas! my sha256 knc 567gh Jupiter just won't pay at 12c kwh where I'm at (currently a doorstop) now some 1K usd btc coin and a lot of old stuff would suddenly come back to life!




Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jonnybravo0311 on May 08, 2015, 02:34:05 PM
The 20-30% premium is acceptable when you consider the advantages and additional features MRR brings. That's not a knock on nicehash, which I think is a great service too.

We are not aware of any benefits, besides possible need to submit tickets for refunds when rental not works as expected. But if you really know about some benefits that could improve our service, let us know.

When it comes to this 'floor order' - this is currently testing feature and we will decide how to proceed with this depending how customers respond to it.
I'm in agreement with Prelude here.  There's no reason to artificially create any floor or ceiling for that matter.  The market will balance itself appropriately.  Of course, you could provide some kind of warning to anyone submitting an order if they are some X% away from expected earnings, but to forcefully limit what can be done is not the way to go.

By the way, you asked about benefits that justify the premium on MRR.  As a rig owner, I have the ability to remotely manage my gear on MRR.  I can setup profiles to quickly move my hash from coin to coin and pool to pool.  As a renter on MRR, I can evaluate the available gear and decide whether or not I wish to rent it based on scores, average hash rate, location, etc.

I'm not stating that NH/WH is a bad model at all.  In fact, I think the concept of orders is pretty easy to understand and use as both a seller and a renter.  My intention is simply to highlight some of the advantages I see in MRR and why the service they provide is typically at a premium compared to yours.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jeffy1021 on May 08, 2015, 04:39:00 PM
i like the new stats chart, but it would be nice if you added an avg payrate and a avg % above or below the payline to it.

that way i can click on say 1d and see what my avg payout was and my % above or below the payline was.


Agreed, definitely an improvement.  Now if only the demand for hash would drive prices up a little  :)


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on May 08, 2015, 05:16:57 PM
I still continue to use your service as frankly it is better then any one else has to offer. That is my opinion  and others are entitled to other opinions.

I think the false bottom  without a false top is a mistake.  I would prefer no top or bottom.

here are 2 miners that made the 10x price error. both could complain no warning was given them. so by have a false bottom you are choosing to protect people renting their rigs rather then people renting rigs from you.

https://bitcointalk.org/index.php?topic=763510.msg11322339#msg11322339


https://bitcointalk.org/index.php?topic=763510.msg11322351#msg11322351


This is going to hurt you long run.  I have rented to you 10 btc plus


I have rented from you 15 btc plus.
I rented my signature for 1-2 coins over 4-5 months. (can't remember but all thses numbers are close)

 I rent from you as I type. I want to see your company stay around.
You need to think about how to structure protectionism in a way it is fairly applied.
RIGHT NOW YOU ARE NOT FAIR TO THE GUY THAT TYPES IN 0.099 VS 0.0099

OR YOU can just leave top and bottom alone and let your customers  fend for their-selves.

Bottom line is I still rent as your prices are the best. I just worry many that did a 10x mistake and had no protection  will cause your services grief.  Right now  have 6 people on a shared 6btc rental of 100th pointed at ck's solo pool. 


I manually monitor the prices and I adjust them.  If I type 0.099 and miss it I could lose 6 coins instead of .6 coins  no warning given to me that I asked to pay 10x the going rate. 

 Now a month ago I would have eaten the error now I would complain that your are favoring people renting to your service over people renting from your service..

You have made a problem trying to help those that put in x for the password.

I don't rant or troll a lot, but this bothers me as I like your service and want to keep using it.I fear this mistake is costly


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jonnybravo0311 on May 08, 2015, 05:24:14 PM
I still continue to use your service as frankly it is better then any one else has to offer. That is my opinion  and others are entitled to other opinions.

I think the false bottom  without a false top is a mistake.  I would prefer no top or bottom.

here are 2 miners that made the 10x price error. both could complain no warning was given them. so by have a false bottom you are choosing to protect people renting their rigs rather then people renting rigs from you.

That's what I was suggesting earlier... if NH/WH can provide a warning to the person creating the order if/when they do something like miss a decimal point, that would at least help to assuage the pain.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on May 08, 2015, 06:16:50 PM
I still continue to use your service as frankly it is better then any one else has to offer. That is my opinion  and others are entitled to other opinions.

I think the false bottom  without a false top is a mistake.  I would prefer no top or bottom.

here are 2 miners that made the 10x price error. both could complain no warning was given them. so by have a false bottom you are choosing to protect people renting their rigs rather then people renting rigs from you.

That's what I was suggesting earlier... if NH/WH can provide a warning to the person creating the order if/when they do something like miss a decimal point, that would at least help to assuage the pain.

"what is good for the goose is good for the gander"  that old saying applies.  as does "all or nothing"



Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on May 08, 2015, 07:33:59 PM
By the way, you asked about benefits that justify the premium on MRR.  As a rig owner, I have the ability to remotely manage my gear on MRR.  I can setup profiles to quickly move my hash from coin to coin and pool to pool.  As a renter on MRR, I can evaluate the available gear and decide whether or not I wish to rent it based on scores, average hash rate, location, etc.

As a miner: using MRR as a gear manager only adds up extra latency to your target pool which results in more stale shares. There are plenty of rig managing software solutions, even for free - local proxies, or no? How is extra latency added a benefit, we cannot understand.

As a buyer: on NH/WH you don't have to evaluate available gear, because you always get only 100% verified shares and always pay only for speed that was sent to you. On MRR you loose time, because you need to do evaluation of ratings. Besides, if rig does not perform well, you need to fill in ticket (means extra time). Aditionally, at MRR you cannot cancel contract. At NH/WH you can cancel any time.

Considering all these facts, we don't see any premium features at MRR - the reality is opposite - NH/WH offers premium features over all other renting services.

But lets keep this discussion open - let us know what features would you like to see added to NH/WH. We have some cool never-seen stuff planned, but let's hear community now.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jonnybravo0311 on May 08, 2015, 08:00:36 PM
By the way, you asked about benefits that justify the premium on MRR.  As a rig owner, I have the ability to remotely manage my gear on MRR.  I can setup profiles to quickly move my hash from coin to coin and pool to pool.  As a renter on MRR, I can evaluate the available gear and decide whether or not I wish to rent it based on scores, average hash rate, location, etc.

As a miner: using MRR as a gear manager only adds up extra latency to your target pool which results in more stale shares. There are plenty of rig managing software solutions, even for free - local proxies, or no? How is extra latency added a benefit, we cannot understand.

As a buyer: on NH/WH you don't have to evaluate available gear, because you always get only 100% verified shares and always pay only for speed that was sent to you. On MRR you loose time, because you need to do evaluation of ratings. Besides, if rig does not perform well, you need to fill in ticket (means extra time). Aditionally, at MRR you cannot cancel contract. At NH/WH you can cancel any time.

Considering all these facts, we don't see any premium features at MRR - the reality is opposite - NH/WH offers premium features over all other renting services.

But lets keep this discussion open - let us know what features would you like to see added to NH/WH. We have some cool never-seen stuff planned, but let's hear community now.
As a gear owner
Using any mining rental site will add latency.  You can't state that MRR does, but you do not.  That's simply a false statement.  For example, if I choose to use WH, I have to point my gear to your pool.  When my gear is rented, it's still pointed (at least from my end) to your pool.  You are redirecting the traffic from there to whatever pool the renter has chosen for his order.

When my gear is not rented, my gear is pointed to whatever backup pool I've set.  With any BitmainTech miner, I've only got 3 pools I can configure via their web interface.  If I'm using WH/NH, 2 of the three slots are taken.  Therefore, I've only got a single pool to which I can point my miners if/when my gear isn't rented.  If that pool happens to go down, my miners are idle.  That's unacceptable.

With MRR, I have the option to set up to 5 pools that my miner can point to.  So, I can set my miners to connect to MRR's servers and still have two possible backups that my gear will fail over to.  Further, I can easily change to which pools my gear is pointing with the click of a button from anywhere.  I can do it while I'm sitting at an airport waiting for my flight.  I can do it from the hotel.  Wherever I want.  And, I don't have to setup any kind of proxy server at my home and expose that.  The convenience of being able to easily remotely monitor my gear and change things on a whim by clicking a button is a far better level of service offered by MRR.

As a gear renter
With MRR, I have the ability to see exactly from where my hashing is being sourced.  If I'm going to mine on a pool that's on the east coast of the US, I don't want gear in China providing the hash because I'm going to have to deal with the latency of hash coming halfway across the planet.  I can also see descriptions of the rigs that will be providing my hash, so I'll know that if, for example, I want to mine on p2pool, I won't pick any Neptune or S2s or Avalon tubes because they either flat out don't work with p2pool or hash at lower-than-advertised rates.

Further, and this is in regards to canceling a rental, sure, you can cancel a rental on WH/NH at any time.  Your rental can also be stopped at any time because somebody decided to pay more than you did, so the gear that was hashing for you is now hashing for somebody else.  With MRR, you've got a contract for a specified time.  That gear is yours.  If I rent gear for a week, I want that gear to be under my control for a week, not wonder if it'll mine for 3 days and then stop and maybe pick back up again 5 days later.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Gws24 on May 08, 2015, 08:21:42 PM
The last point is partly solved by the fixed order you can place at NH. I say partly because it becomes quite expensive when you want to rent large amounts of hash for a fixed rate and if you want to change pools you need to cancel the order and place a new one.

As a renter I would like to see the following two features:
- a percentage on the all order page that shows how much of each order is filled; would make it easier to see if an order i'm planning to put in has a chance of getting filled because sometimes there is a higher paying order that is in the process of gobbling up all the hash. You can kinda see it now with the order sizes and hashrates but not so easy.
- being able to change the pool I'm mining too without having to cancel the order and place a new one



Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on May 08, 2015, 09:18:27 PM
Frankly I have only rented to and from nice-west hash.  many many many times.

they pay they don't fuck up in that manner.

I only do BTC  why BTC is not a pump and dump coin.  So speed and stopping an order has no importance.

On an alt coin having the order stop is a killer. So I just don't do it.  I am older I like to set my life on cruise control and watch the view. Pump n dump alts are very unstable.

So a low cost BTC rental op turns up on nice hash  I will take it.  and get very good service.

It looked to me If I pay a guy a coin for 100th for 24hours and he skips I get fucked. If this is correct let me know.

What does mrr do if a renter skips?

Nicehash side steps this by switching out machines to you and you get your hash.

This is a priceless value to me .  I can live with the 3% fee.  I don't like the false bottom you need a false top.

But nice hash has the best rental prices and I like that.

 


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jonnybravo0311 on May 08, 2015, 10:07:38 PM
Frankly I have only rented to and from nice-west hash.  many many many times.

they pay they don't fuck up in that manner.

I only do BTC  why BTC is not a pump and dump coin.  So speed and stopping an order has no importance.

On an alt coin having the order stop is a killer. So I just don't do it.  I am older I like to set my life on cruise control and watch the view. Pump n dump alts are very unstable.

So a low cost BTC rental op turns up on nice hash  I will take it.  and get very good service.

It looked to me If I pay a guy a coin for 100th for 24hours and he skips I get fucked. If this is correct let me know.

What does mrr do if a renter skips?

Nicehash side steps this by switching out machines to you and you get your hash.

This is a priceless value to me .  I can live with the 3% fee.  I don't like the false bottom you need a false top.

But nice hash has the best rental prices and I like that.

 
Great points Phil.  If you've rented a rig and the rig owner bails... either on purpose or by accident, you're refunded for whatever remains on your contract.  If the rig spends more than 20 minutes of the first 30 minutes of your rental offline, the contract is cancelled and you get a full refund automatically.  Otherwise, you've got up until 12 hours after your contract ends to file a dispute (ticket).  Yup, it's a manual process that requires your attention.  Any disputes I've had have always been resolved very quickly (usually less than an hour after I've opened up the ticket).

MRR also allows you to contact the rig owner.  While it's a pretty crude implementation, it does allow you to try and work out any problems on your own.  As a rig owner, I've got the ability to donate time to a renter.  So, let's say I lose my power for an hour or so, I can contact my renter and let him know that I've extended his contract by an hour to compensate him.

Honestly, NH/WH handles this better by just swapping in some other rigs to maintain your order... assuming of course there are any rigs available at your price point.

I like both services, and I definitely think there's a place for them both to coexist in this environment.  Each has their strengths and weaknesses.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: blindminer on May 09, 2015, 02:40:23 PM
I tried to rent about 5GH/s scrypt and pointed to solo.nocehash.
How much i must set for difficulty?16384?


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on May 10, 2015, 08:52:09 PM
I tried to rent about 5GH/s scrypt and pointed to solo.nocehash.
How much i must set for difficulty?16384?

This is a bit off-topic, please use our solo thread https://bitcointalk.org/index.php?topic=1017498.0 ... anyway, the solo.nicehash.com pool will automatically adjust difficulty, but yes, you can set it to 16384 - it's a good starting point for larger amounts of Scrypt hashing power (100 Mh/s+).


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on May 10, 2015, 08:52:44 PM
A few updates:

1) After the evaluation of pros and cons we have decide to pull back the arbitrage order. So it's fully open market again. We'll keep working on solutions to maximally benefit both sellers and buyers.

2) We have some new stuff in development for buyers who are looking for hashing power buying experience that is as close as possible to owning a physical rig (or renting a physical rig). Keep in mind that NiceHash buy order is basically an on-demand virtual miner, therefore we'll be adding hashing power stats graphs and detailed target pool info (rejects, other possible target pool info) - this will enable you to have even more control over the hashing power you bought and will give you an ultimate mining experience.

Thank you for using our service and keep on hashing ;)
Kind regards,
NiceHash.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on May 10, 2015, 10:45:55 PM
A few updates:

1) After the evaluation of pros and cons we have decide to pull back the arbitrage order. So it's fully open market again. We'll keep working on solutions to maximally benefit both sellers and buyers.

2) We have some new stuff in development for buyers who are looking for hashing power buying experience that is as close as possible to owning a physical rig (or renting a physical rig). Keep in mind that NiceHash buy order is basically an on-demand virtual miner, therefore we'll be adding hashing power stats graphs and detailed target pool info (rejects, other possible target pool info) - this will enable you to have even more control over the hashing power you bought and will give you an ultimate mining experience.

Thank you for using our service and keep on hashing ;)
Kind regards,
NiceHash.

I really appreciate this.  I just wrote a post explaining why some just set a leave the miner on nice hash. let me link it.


https://bitcointalk.org/index.php?topic=763510.msg11341597#msg11341597

I have 3 s-3's that can  earn at  up to 150 diff  so if it rents as low as 0.0085

I can't access them so they have nicehash as the backup pool set with the x.  I am not the only one that has free or close to free power.  this may be why super low powers happen along with busy people that forgot to check.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: rkinnin on May 11, 2015, 11:23:27 PM
A few updates:

1) After the evaluation of pros and cons we have decide to pull back the arbitrage order. So it's fully open market again. We'll keep working on solutions to maximally benefit both sellers and buyers.

2) We have some new stuff in development for buyers who are looking for hashing power buying experience that is as close as possible to owning a physical rig (or renting a physical rig). Keep in mind that NiceHash buy order is basically an on-demand virtual miner, therefore we'll be adding hashing power stats graphs and detailed target pool info (rejects, other possible target pool info) - this will enable you to have even more control over the hashing power you bought and will give you an ultimate mining experience.

Thank you for using our service and keep on hashing ;)
Kind regards,
NiceHash.

Thanks for the update....I'll be happy to come back when the profit is not negative. :-)


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: fastconfirmation on May 12, 2015, 04:29:26 AM
I got two S3's now.  I am trying to use here.  They seem to connect.

But I do not see how to tell them apart?  Do I need 2 usernames?  Sorry I am new.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on May 12, 2015, 06:17:52 AM
I got two S3's now.  I am trying to use here.  They seem to connect.

But I do not see how to tell them apart?  Do I need 2 usernames?  Sorry I am new.

You can also use custom naming for your miners when using one BTC address for multiple miners. Simply append .name to your username: YOUR_BITCOIN_ADDRESS.name where "name" can be any string with up to seven alphanumeric (Aa-Zz, 0-9) characters (if more then seven characters or if non-alphanumerical character will be used, naming wont work).

More info here: https://www.nicehash.com/?p=faq#faqs1


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on May 12, 2015, 09:42:53 PM
Today we implemented a warning pop-up window if you enter a price that is more then 10x higher then current average price. So hopefully this kind of mistakes wont happen any more.

https://www.nicehash.com/download/high_price_warning.png


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kano on May 13, 2015, 11:12:30 AM
Maybe it should be 2x :P


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: alh on May 21, 2015, 04:58:20 PM
Just because I am curious, what's driving the rental price up these days on Westhash? Any insights to offer?


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Digitalmocking on May 21, 2015, 06:15:39 PM
Any idea what's going on here?  For the last 30 minutes, I'm showing 0.0000 BTC/TH/Day pay rate while the site is showing 0.0110/BTC/TH/Day

http://i.imgur.com/l032gY9.jpg

All my boxes are still showing as mining and handing in shares.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on May 21, 2015, 06:49:16 PM
Any idea what's going on here?  For the last 30 minutes, I'm showing 0.0000 BTC/TH/Day pay rate while the site is showing 0.0110/BTC/TH/Day

All my boxes are still showing as mining and handing in shares.

Please send us direct link of your miner stats to support@nicehash.com, we need to know your mining btc address to look into it.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Rockett0 on May 21, 2015, 07:32:07 PM
I had the same thing happen today.

Also getting a huge number of rejected shares, sometimes 1 worker show up in the stats, sometimes 2 workers.

I just re-flashed my S5's to stock and pointed them to another pool.

For all I know it was only the stats messed up, but I don't want to wait 24 hours to find out.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on May 21, 2015, 07:45:11 PM
I had the same thing happen today.

Also getting a huge number of rejected shares, sometimes 1 worker show up in the stats, sometimes 2 workers.

I just re-flashed my S5's to stock and pointed them to another pool.

For all I know it was only the stats messed up, but I don't want to wait 24 hours to find out.

It was only a glitch in stats, nothing more. Fixed now.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on May 21, 2015, 08:40:01 PM
IMPORTANT notice for sellers (miners): we're switching to new DNS structure for stratum servers

Hello,

To make our service even more scalable as well as future proof for new algorithms and fluctuating hashing power among different algorithms, we've prepared new DNS naming for our stratum servers.

Please note that there will be no hard switch to the new naming structure, we are using a soft grace period in which old and new naming coexists, and both, old and new stratum addresses works.

Nevertheless, we are asking you to make the following changes to your miner's configurations as soon as possible. The new DNS naming is already active and can be already used. Here are two major changes:

1) westhash.com is being renamed to usa.nicehash.com. This is ONLY true for stratum server addresses, WestHash web interface will still be available at https://www.westhash.com. However, we'll be merging both markets (and later adding also an Asian market) into single web interface in the future updates (of course, still with geographically separated physical locations of servers).

2) Each algorithm is having it's own unique stratum mining DNS address.

---
Here is a list for EU location servers (aka NiceHash):

Code:
scrypt.eu.nicehash.com
sha256.eu.nicehash.com
scryptnf.eu.nicehash.com
x11.eu.nicehash.com
x13.eu.nicehash.com
keccak.eu.nicehash.com
x15.eu.nicehash.com
nist5.eu.nicehash.com
neoscrypt.eu.nicehash.com
lyra2re.eu.nicehash.com
whirlpoolx.eu.nicehash.com
qubit.eu.nicehash.com
quark.eu.nicehash.com

And here is a list for USA location servers (aka WestHash):

Code:
scrypt.usa.nicehash.com
sha256.usa.nicehash.com
scryptnf.usa.nicehash.com
x11.usa.nicehash.com
x13.usa.nicehash.com
keccak.usa.nicehash.com
x15.usa.nicehash.com
nist5.usa.nicehash.com
neoscrypt.usa.nicehash.com
lyra2re.usa.nicehash.com
whirlpoolx.usa.nicehash.com
qubit.usa.nicehash.com
quark.usa.nicehash.com

Note that there is no more "stratum" string, the name of the algorithm implies this. Therefore you have to replace the string "stratum" with "[algorithm].eu" or "[algorithm].usa".

Essentially you have to delete the string "stratum" and then copy-paste "sha256.eu", "scrypt.eu", "x11.eu", "x13.eu", etc. or for USA location (aka WestHash) "sha256.usa", "scrypt.usa", "x11.usa", "x13.usa", etc.

For example, replace:

Code:
stratum.nicehash.com:3333
stratum.nicehash.com:3334
stratum.nicehash.com:3336
stratum.nicehash.com:3337
... etc.

with

Code:
scrypt.eu.nicehash.com:3333
sha256.eu.nicehash.com:3334
x11.eu.nicehash.com:3336
x13.eu.nicehash.com:3337
... etc.

And for USA (aka WestHash) location, replace:

Code:
stratum.westhash.com:3333
stratum.westhash.com:3334
stratum.westhash.com:3336
stratum.westhash.com:3337
... etc.

with

Code:
scrypt.usa.nicehash.com:3333
sha256.usa.nicehash.com:3334
x11.usa.nicehash.com:3336
x13.usa.nicehash.com:3337
... etc.

We HIGHLY RECOMMEND you to use the copy-paste (Ctrl+C, Ctrl+V) function for replacing individual strings instead of typing it manually to avoid typing mistakes - keep in mind that incorrectly typed address will result into dead/inactive pool connection.

And we kindly ask you to make these changes until June 15th, 2015. After this date the old naming of stratum servers will be deprecated.

Thank you for using our service and hopefully these changes won't cause you too many troubles. If you have any additional questions or troubles with making the required changes, please let us know to support@nicehash.com.

Thank you for using our service!


--
Kind regards,
NiceHash.com


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jeffy1021 on May 21, 2015, 09:24:28 PM
Just because I am curious, what's driving the rental price up these days on Westhash? Any insights to offer?

I'd also like to know =)


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Digitalmocking on May 26, 2015, 02:10:06 AM
Hey guys, xposting this from the Antminer S5 thread:

6 Antminer S5s all running slow on nicehash/westhash and randomly locking up about one a week, sp20s run full speed... any ideas?

I'm running the updated firmware with extranonce enabled from Smit1237, but all 6 of my s5 miners run between 950 and 1050gh/s vs running near 1200gh/s when running on kano.is or a couple of other pools.  I've had 4 lockups in the last 5 weeks as well, box is just offline.  Cycling power fixes the offline issue.

4 of them are powered via an IBM 2880W PSU with j4bberwock's breakout board, the other two are powered by an EVGA 1300, so power shouldn't be an issue.  There's plenty of overhead on the 2880 and some overhead on the EVGA.

Any ideas on how to get them to run at proper speeds on westhash.com?  Should I just move them over to another pool and no longer worry about it?


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on May 26, 2015, 06:19:00 AM
Hey guys, xposting this from the Antminer S5 thread:

6 Antminer S5s all running slow on nicehash/westhash and randomly locking up about one a week, sp20s run full speed... any ideas?

I'm running the updated firmware with extranonce enabled from Smit1237, but all 6 of my s5 miners run between 950 and 1050gh/s vs running near 1200gh/s when running on kano.is or a couple of other pools.  I've had 4 lockups in the last 5 weeks as well, box is just offline.  Cycling power fixes the offline issue.

4 of them are powered via an IBM 2880W PSU with j4bberwock's breakout board, the other two are powered by an EVGA 1300, so power shouldn't be an issue.  There's plenty of overhead on the 2880 and some overhead on the EVGA.

Any ideas on how to get them to run at proper speeds on westhash.com?  Should I just move them over to another pool and no longer worry about it?

Are you running at default speeds or are you overclocking? This might also be an networking issue, please try connecting to EU stratum server for test:

stratum+tcp://sha256.eu.nicehash.com:3334#xnsub


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Digitalmocking on May 26, 2015, 08:13:11 AM
Hey guys, xposting this from the Antminer S5 thread:

6 Antminer S5s all running slow on nicehash/westhash and randomly locking up about one a week, sp20s run full speed... any ideas?

I'm running the updated firmware with extranonce enabled from Smit1237, but all 6 of my s5 miners run between 950 and 1050gh/s vs running near 1200gh/s when running on kano.is or a couple of other pools.  I've had 4 lockups in the last 5 weeks as well, box is just offline.  Cycling power fixes the offline issue.

4 of them are powered via an IBM 2880W PSU with j4bberwock's breakout board, the other two are powered by an EVGA 1300, so power shouldn't be an issue.  There's plenty of overhead on the 2880 and some overhead on the EVGA.

Any ideas on how to get them to run at proper speeds on westhash.com?  Should I just move them over to another pool and no longer worry about it?

Are you running at default speeds or are you overclocking? This might also be an networking issue, please try connecting to EU stratum server for test:

stratum+tcp://sha256.eu.nicehash.com:3334#xnsub

Everything is default, I can try .eu, but since I'm on the west coast of the US, I'm going to get some wicked latency.

I don't really mind the slightly lower speeds(granted, I'd prefer to not have them), but the lockups are what's bothering me.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jonnybravo0311 on May 26, 2015, 01:47:05 PM
Hey guys, xposting this from the Antminer S5 thread:

6 Antminer S5s all running slow on nicehash/westhash and randomly locking up about one a week, sp20s run full speed... any ideas?

I'm running the updated firmware with extranonce enabled from Smit1237, but all 6 of my s5 miners run between 950 and 1050gh/s vs running near 1200gh/s when running on kano.is or a couple of other pools.  I've had 4 lockups in the last 5 weeks as well, box is just offline.  Cycling power fixes the offline issue.

4 of them are powered via an IBM 2880W PSU with j4bberwock's breakout board, the other two are powered by an EVGA 1300, so power shouldn't be an issue.  There's plenty of overhead on the 2880 and some overhead on the EVGA.

Any ideas on how to get them to run at proper speeds on westhash.com?  Should I just move them over to another pool and no longer worry about it?

Are you running at default speeds or are you overclocking? This might also be an networking issue, please try connecting to EU stratum server for test:

stratum+tcp://sha256.eu.nicehash.com:3334#xnsub

Everything is default, I can try .eu, but since I'm on the west coast of the US, I'm going to get some wicked latency.

I don't really mind the slightly lower speeds(granted, I'd prefer to not have them), but the lockups are what's bothering me.
I'm beginning to wonder if it's something to do with the xnonce patch and the Ants.  My S3s, while they for the most part get the expected hash rate, are constantly rebooting ever since I implemented the patched cgminer.  One of them now will not hash at default clock (218.75) and I had to down clock to 212 (translates to hashing at 425GH/s instead of 440GH/s).


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: habibsahib on May 26, 2015, 03:31:50 PM
please can you tell how much btc
I can earn per day with gridseed 8ghs btc and 400mhs scrypt miner? please guide. thanks in advance


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: larry12 on May 26, 2015, 03:43:06 PM
8 GH/s ? dude are u kidding me ?  ;D ;D

ps : just use some btc calculator.....
https://bitcoinwisdom.com/bitcoin/difficulty

8gh/s = 0.002473BTC/month or about 0.5904$



Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on June 02, 2015, 11:37:01 PM
We've just recently updated our stratum servers code which improves mining performance for Antminer S5 and similar miners. You should get close to 0% rejects and optimal speed (the same as on other optimal configured pools).


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Digitalmocking on June 03, 2015, 05:57:28 AM
We've just recently updated our stratum servers code which improves mining performance for Antminer S5 and similar miners. You should get close to 0% rejects and optimal speed (the same as on other optimal configured pools).

Do you think this will fix the issue with the S5 locking up from time to time?


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on June 03, 2015, 07:41:56 AM
We've just recently updated our stratum servers code which improves mining performance for Antminer S5 and similar miners. You should get close to 0% rejects and optimal speed (the same as on other optimal configured pools).

Do you think this will fix the issue with the S5 locking up from time to time?

We do not know why S5 has this problem, but if it is due to fast job switching, this should be resolved now too. Basically, if your S5 had problems only on NH/WH and all other SHA256 mining pools worked fine for you, then NH/WH will work fine for you from now on too.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Digitalmocking on June 03, 2015, 07:50:13 AM
We've just recently updated our stratum servers code which improves mining performance for Antminer S5 and similar miners. You should get close to 0% rejects and optimal speed (the same as on other optimal configured pools).

Do you think this will fix the issue with the S5 locking up from time to time?

We do not know why S5 has this problem, but if it is due to fast job switching, this should be resolved now too. Basically, if your S5 had problems only on NH/WH and all other SHA256 mining pools worked fine for you, then NH/WH will work fine for you from now on too.

That's been my experience, I have an s4+ and 6 s5s and I would get random lockups only on nicehash.

All 7 have been running for a while on btcguild since I switched them off of Nicehash without issue.

I'll put them on again this weekend and do a 3 day trial and let you know how it goes.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jeffy1021 on June 11, 2015, 10:24:57 PM
Website is down but stratum servers are still running?


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Digitalmocking on June 11, 2015, 10:45:26 PM
Website is down but stratum servers are still running?

They had a maintenance notice up a few hours ago, but its just been down for a bit.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Digitalmocking on June 12, 2015, 03:20:24 AM
Oh, Nicehash, whatever you guys changed recently took care of the stability issues with the S5 and S4+ systems.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: marvykkio on June 12, 2015, 07:48:50 AM
I have tried so many times to put my miners nicehash, but after a couple of hours the miners fall, I tried with the pach of smith, xnonce and the problem persists, every day the prizes are always less than other pools. Now this weekend I try again, I target my 4x antS5 on nicehash, Friday, Saturday and Sunday, and see how it behaves, if you lose power this pool of new abandonment.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on June 12, 2015, 08:06:21 AM
I have tried so many times to put my miners nicehash, but after a couple of hours the miners fall, I tried with the pach of smith, xnonce and the problem persists, every day the prizes are always less than other pools. Now this weekend I try again, I target my 4x antS5 on nicehash, Friday, Saturday and Sunday, and see how it behaves, if you lose power this pool of new abandonment.

i wouldnt stress over it.. with the 3% fee its almost even with antpool as payout goes..

really with the fee they charge the people who buy the hash, they really shoudlnt charge the miners fees at all.. its them that make this site work.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Digitalmocking on June 12, 2015, 01:32:10 PM
I have tried so many times to put my miners nicehash, but after a couple of hours the miners fall, I tried with the pach of smith, xnonce and the problem persists, every day the prizes are always less than other pools. Now this weekend I try again, I target my 4x antS5 on nicehash, Friday, Saturday and Sunday, and see how it behaves, if you lose power this pool of new abandonment.

Since the changes they put in about a week ago, none of my antminers have failed. 

Make sure you're using smits 4.9.0 cgminer firmware.

Assuming you're in the US, use this as your pool URL: stratum+tcp://sha256.usa.nicehash.com:3334#xnsub


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: rkinnin on June 12, 2015, 06:51:24 PM
Would accept some advice.....

I am noticing that many of my miners with you have been accepted for half or less than half of the miners potential.  For instance, an s3 shows accepted speed on your website, at 102 versus others at 430.

thoughts??

thank you.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: marvykkio on June 12, 2015, 07:24:39 PM
I have tried so many times to put my miners nicehash, but after a couple of hours the miners fall, I tried with the pach of smith, xnonce and the problem persists, every day the prizes are always less than other pools. Now this weekend I try again, I target my 4x antS5 on nicehash, Friday, Saturday and Sunday, and see how it behaves, if you lose power this pool of new abandonment.

Since the changes they put in about a week ago, none of my antminers have failed. 

Make sure you're using smits 4.9.0 cgminer firmware.

Assuming you're in the US, use this as your pool URL: stratum+tcp://sha256.usa.nicehash.com:3334#xnsub



I'm in Italy, and use the link European firmware smith after one or two days I find errors to 21%, and find it dead


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: marvykkio on June 12, 2015, 07:29:03 PM
I tried so many pools, and until now the only one that pays me well is bitcoin.cz.
I with 4 x antminer s5 gain 0.120 BTC every 48 hours, I tried it on other pools and do not get to take these gains


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on June 12, 2015, 09:15:37 PM
I tried so many pools, and until now the only one that pays me well is bitcoin.cz.
I with 4 x antminer s5 gain 0.120 BTC every 48 hours, I tried it on other pools and do not get to take these gains

4 s5s should make you 0.04861 per day..

if you get more then that, the pool was having a lucky day.. but it probably wont pay out every day higher than that.

it should really matter what pool you mine at.. but a PPS pool with a fee, such as this one, will NEVER pay out as much as a pplns pool with 0 FEE.. although this one with its dynamic payout will get close if you get lucky and some one over pays for hash rental. or you have your password set to higher then a pplns pools highest luck.

i like to have this pool as #1 with a password of p=0.0125 and the #2 pool a pplns pool..

like i said, if this pool ditched the fee and just got its income from the people buying the hash i would mine here 24/7



Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: marvykkio on June 13, 2015, 10:32:44 AM
I use as a password x I did not set any password,.what do you need to set p = 0.012?


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on June 13, 2015, 11:28:36 AM
I use as a password x I did not set any password,.what do you need to set p = 0.012?

read the faq page.. it has a lot of info you might want to check out.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on June 16, 2015, 10:21:55 PM

Check out the latest 7 days statistics for our SHA256 pool - 10% above direct Bitcoin mining profitability! Join the ride!


https://www.nicehash.com/download/728x90_best_profit_multipool_EN.png (https://www.nicehash.com/index.jsp?p=gstarted#seller)


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on June 16, 2015, 10:25:23 PM
If anyone with antminers has any kind of issues, please, contact me via PM. I will give you access to a testing proxy and we will later examine what is going on and what are the exact problems.

Until recently, S5 had low hashrate and rejects - we fixed (looks like S5 is a miner with very poor/slow controller, unable to make job loads as fast as other miners).

Recent unsolved reports are that S5 falls into idle state when setting p= password. We would like to get more feedback from multiple miners and we will try to do our best as always, either by implementing workarounds on our side or pay for developement of custom mining software which has these issues fixed (like always).


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: loshia on June 17, 2015, 02:43:27 PM
If anyone with antminers has any kind of issues, please, contact me via PM. I will give you access to a testing proxy and we will later examine what is going on and what are the exact problems.

Until recently, S5 had low hashrate and rejects - we fixed (looks like S5 is a miner with very poor/slow controller, unable to make job loads as fast as other miners).

Recent unsolved reports are that S5 falls into idle state when setting p= password. We would like to get more feedback from multiple miners and we will try to do our best as always, either by implementing workarounds on our side or pay for developement of custom mining software which has these issues fixed (like always).
Or just ant miner software sucks both controller and binary fork - closed source of cgminer...
If the software part is broken there is no ESSY fix - only fake stats and that is


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on June 17, 2015, 04:04:58 PM
Further testing revealed, that original firmware from Bitmain does indeed have a bug when using p= - sort of idlebug.

But the firmware for Antminer S4/S5 we provide and is available here https://www.nicehash.com/?p=software#asic

runs fine.

If you have issues with Antminer on NiceHash/WestHash and you want to use p=, we urge you to upgrade your firmware.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Antuam on July 12, 2015, 06:39:35 AM
Hello Guys.

I am update my S3 with the last CGMINER of Kano 4.9.2 and new interface web with more data.

https://github.com/kanoi/cgminer-binaries/tree/master/AntS3 (https://github.com/kanoi/cgminer-binaries/tree/master/AntS3)

But the extranonce not work

pool URL: stratum+tcp://sha256.eu.nicehash.com:3334#xnsub

If I remove the command #xnsub, my S3 mining good.
Before, I had CGMINER 4.7 and work good and my firmware is the dicember of 2014 because I down the voltage for do underclock.

Could you see it, please?

Best regards.
Antuam


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on August 30, 2015, 08:25:34 PM
Due to all this BIP voting, we have several high paying customers - paying premium BTC price to mine their own preference. Prices are considerably higher. Currently +13% above standard BTC profit. If you are a miner, now is the chance to join the ride and earn some extra.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on September 06, 2015, 12:14:26 PM
Past 7 days - 5.44% more than ideal 100% bitcoin profit. And PPS, you cannot get better deal anywhere else.

http://s16.postimg.org/xm8dcw54l/image.jpg


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jmintuck02 on October 04, 2015, 03:22:27 AM
WHOA!!!!!!

NiceHash is SO cool! I cant wait to get the powersupply for my S3. Next I will be getting another one down the week and will have to get a second power supply. I may

reach payout in the morning here if I am currently fast enough. I started this NiceHash 10 minutes or less ago and I am currently at BTC0.00000190 of a bitcoin in minutes. Not too

bad for a U3 miner. Once I get the power supply I will get along better. 

Edit!

3 minutes later BTC0.00000290


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: xmatt007x on October 16, 2015, 07:18:14 AM
I am on the NiceHash dashboard and the "total unpaid balance" does not match the "Unpaid balance" I have not been paid and just started with 0.00050009 BTC and the "unpaid balance says: 0.00039624 why do they not match?


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: rkinnin on November 02, 2015, 10:37:13 PM
I am not sure if this is the right NiceHash area to post this to...but....

I do both buying and selling on nicehash....but in this case for discussion today...

I am a buyer......

Over the last two weeks I have seen a lower than normal positive result in my "profits" with mining.

I typically deposit .40 BTC....at 40Th...and generally get .42 - .44 back about 24 hours later.  ....been working fine like that for months.

The last two deposits I got .37 back and then on the next go around I got .316.   Obviously not what I want to see.

I have been using antpool as the pool.

I am looking for real thoughts not just responses like "well thats Antpool for you."

Thank you in advance.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on November 02, 2015, 10:40:09 PM
I am not sure if this is the right NiceHash area to post this to...but....

I do both buying and selling on nicehash....but in this case for discussion today...

I am a buyer......

Over the last two weeks I have seen a lower than normal positive result in my "profits" with mining.

I typically deposit .40 BTC....at 40Th...and generally get .42 - .44 back about 24 hours later.  ....been working fine like that for months.

The last two deposits I got .37 back and then on the next go around I got .316.   Obviously not what I want to see.

I have been using antpool as the pool.

I am looking for real thoughts not just responses like "well thats Antpool for you."

Thank you in advance.

as the difficulty goes up the profits will go down..

40TH right now should yield 0.3231 btc a day.. this is at 100% luck tho.. something you probably wont get.. so expect less..


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: rkinnin on November 02, 2015, 11:53:47 PM
I am not sure if this is the right NiceHash area to post this to...but....

I do both buying and selling on nicehash....but in this case for discussion today...

I am a buyer......

Over the last two weeks I have seen a lower than normal positive result in my "profits" with mining.

I typically deposit .40 BTC....at 40Th...and generally get .42 - .44 back about 24 hours later.  ....been working fine like that for months.

The last two deposits I got .37 back and then on the next go around I got .316.   Obviously not what I want to see.

I have been using antpool as the pool.

I am looking for real thoughts not just responses like "well thats Antpool for you."

Thank you in advance.

as the difficulty goes up the profits will go down..

40TH right now should yield 0.3231 btc a day.. this is at 100% luck tho.. something you probably wont get.. so expect less..


ah yes....the dreaded difficulty, strikes again. 

What I was seeing at 40 Th at .40 BTC was 1 day 9 hours [or so]. 

I am guessing what I had was a new difficulty level and a couple of days of just plain "bad" luck.  :(


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kingcolex on November 12, 2015, 06:50:22 PM
I want to set one miner to mine on nicehash but send the payment to an auto convert, anyone know an easy way to do this or should I just shapeshift the funds weekly?


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on November 12, 2015, 11:00:51 PM
I want to set one miner to mine on nicehash but send the payment to an auto convert, anyone know an easy way to do this or should I just shapeshift the funds weekly?

We'are actually working on a solution for this with ShapeShift. But we need them to upgrade their API so that we can do many-to-many transactions - this way we'll be able to make payouts in a range of currencies. If you want to speed up this implementation contact them (https://shapeshift.zendesk.com/hc/en-us/requests/new) and express your support for "Extended API support for multiple receiving addresses" feature request. Thanks!

Best regards,
NiceHash team.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: samwil on November 13, 2015, 02:10:47 AM
We need more hashing power!
your site is not letting me place an order.  All I get is please wait after I enter the order.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on January 28, 2016, 08:47:00 AM
Take a look at this excellent profitability on Scrypt and SHA256 algorithms!

Join the ride!

https://www.nicehash.com/sw/Excellent_Scrypt_and_SHA256_profitability_large.png


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kano on January 28, 2016, 08:49:56 AM
Yes sounds like a good idea, push the prices up and make sure YOU get more profits.
Hopefully most miners aren't stupid enough to listen to that.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on January 28, 2016, 09:46:33 AM
Yes sounds like a good idea, push the prices up and make sure YOU get more profits.
Hopefully most miners aren't stupid enough to listen to that.

kano, many miners are looking to get best profits with their gear, not sure why are you calling them stupid. Yes, we are here to make profits and provide a nice added-value service for miners and other crypto currencies users. You're also running your pool for profit. Let's keep it this way - we are never interfering with the way your are running your pool, so please also allow us to run our service as well - without negativism and unnecessary judging us and/or miners being stupid or whatever. Thanks.

Best regards,
NiceHash team.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kano on January 28, 2016, 10:32:18 AM
Well when you charge 6% on the rental income and claim short term profits that, really, people should expect to be long term losses vs normal pool mining, due to the high fees, it seems rather dodgy.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on January 28, 2016, 10:57:08 AM
Well when you charge 6% on the rental income and claim short term profits that, really, people should expect to be long term losses vs normal pool mining, due to the high fees, it seems rather dodgy.

Miners fee is 3%, and we are paying PPS. Miners knows damn well why it is profitable to stay with NiceHash. Please keep your consultancy on profitability in your own thread, thanks.

Best regards,
NiceHash team.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kano on January 28, 2016, 11:26:03 AM
Well when you charge 6% on the rental income and claim short term profits that, really, people should expect to be long term losses vs normal pool mining, due to the high fees, it seems rather dodgy.

Miners fee is 3%, and we are paying PPS. Miners knows damn well why it is profitable to stay with NiceHash. Please keep your consultancy on profitability in your own thread, thanks.

Best regards,
NiceHash team.
Wow, that makes it seem even more dodgy to try to deflect attention away from the fact that your cut of the rental is 6% ...


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on January 28, 2016, 12:16:04 PM
Wow, that makes it seem even more dodgy to try to deflect attention away from the fact that your cut of the rental is 6% ...

Eh, kano, whatever makes you happy ;) ... Everything is completely public https://www.nicehash.com/index.jsp?p=faq#faqg2 without any deflect attention ... miners are charged 3% and buyers are charged 3% ... just the same as on the exchanges or other added-value services were buyers are charged X% and sellers are charged Y%.

Anyway, to get back to topic: the high profit rates are still ongoing, keep on mining ;)


Best regards,
NiceHash team.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on February 26, 2016, 07:36:07 AM
can you guys explain something to me.. maybe im not getting the math right, but..

Scrypt   3333   0.1429 *  92%

it says its paying 92% more then 1/gh/day on scrypt.. but..
my calculations.. 1/gh/day on scrypt is 0.1481.. meaning you are actually down like 3%

how i get this number is go here..
https://bitcoinwisdom.com/litecoin/difficulty
put 1ghs in.. take 18.97 LTC a day and convert that into btc from exchange rate..



so why is your front page saying its green up 92% above what you would get out of mining scrypt coins directly??


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on February 27, 2016, 11:14:22 PM
how i get this number is go here..
https://bitcoinwisdom.com/litecoin/difficulty
put 1ghs in.. take 18.97 LTC a day and convert that into btc from exchange rate..

The calculator on bitcoinwisdom.com is totally off, because they forgot to switch from 50 LTC to 25 LTC reward per block. Someone should want them about this.

This http://www.coinwarz.com/calculators/litecoin-mining-calculator or this https://www.litecoinpool.org/calc calculator will give you real actual numbers. And with these real numbers you'll get the +92% NiceHash profitability (as of time of your writing, it's  a bit lower currently, but still way above direct Litecoin profitability).

So, yeah, mining Scrypt on NiceHash is very profitable.

Best regards,
NiceHash team.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on February 27, 2016, 11:52:06 PM
how i get this number is go here..
https://bitcoinwisdom.com/litecoin/difficulty
put 1ghs in.. take 18.97 LTC a day and convert that into btc from exchange rate..

The calculator on bitcoinwisdom.com is totally off, because they forgot to switch from 50 LTC to 25 LTC reward per block. Someone should want them about this.

This http://www.coinwarz.com/calculators/litecoin-mining-calculator or this https://www.litecoinpool.org/calc calculator will give you real actual numbers. And with these real numbers you'll get the +92% NiceHash profitability (as of time of your writing, it's  a bit lower currently, but still way above direct Litecoin profitability).

So, yeah, mining Scrypt on NiceHash is very profitable.

Best regards,
NiceHash team.
thanks. wasnt sure


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Legacy2005 on March 11, 2016, 02:19:39 PM
you may want to update who you allow to sell their hash power to your site.

if i place an order for 5th i dont expect to see 12 miners be assigned to my order especially if i want to point that order to a solo pool.

and assigning more hash power to my order then i want doesn't fly either. i put a cap on how much i want for a reason and expect that cap to be respected not completely ignored and have double/triple the amount of hash assigned to my order just to burn through my btc faster.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: rossi.joel on March 11, 2016, 07:22:37 PM
site does not open error gives me what should I do I would appreciate your help  ???


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on March 11, 2016, 10:03:44 PM
you may want to update who you allow to sell their hash power to your site.

if i place an order for 5th i dont expect to see 12 miners be assigned to my order especially if i want to point that order to a solo pool.

and assigning more hash power to my order then i want doesn't fly either. i put a cap on how much i want for a reason and expect that cap to be respected not completely ignored and have double/triple the amount of hash assigned to my order just to burn through my btc faster.

1 it doesnt matter if you have 12 or 1200 as long as you get what you paid for its exactly the same.
2 why should it matter if they give you extra free of charge? hello bonus :)




Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on March 12, 2016, 04:27:25 AM
why is it on the ethereum sometimes my immature flatlines and it doesnt look like i made any coins for hours.. my hash rate is what it always is, and most of the day the coins go up at a nice and predictable rate..



Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Legacy2005 on March 12, 2016, 04:31:13 AM
you may want to update who you allow to sell their hash power to your site.

if i place an order for 5th i dont expect to see 12 miners be assigned to my order especially if i want to point that order to a solo pool.

and assigning more hash power to my order then i want doesn't fly either. i put a cap on how much i want for a reason and expect that cap to be respected not completely ignored and have double/triple the amount of hash assigned to my order just to burn through my btc faster.

1 it doesnt matter if you have 12 or 1200 as long as you get what you paid for its exactly the same.
2 why should it matter if they give you extra free of charge? hello bonus :)




1) it does matter as a old crappy miner will pretty much never hit a block. and the whole point is to hit blocks.

2) its not bonus they charge you for the overage. so if I request 5 and they put me at 10 they are charging me for 10.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on March 12, 2016, 04:43:26 AM
you may want to update who you allow to sell their hash power to your site.

if i place an order for 5th i dont expect to see 12 miners be assigned to my order especially if i want to point that order to a solo pool.

and assigning more hash power to my order then i want doesn't fly either. i put a cap on how much i want for a reason and expect that cap to be respected not completely ignored and have double/triple the amount of hash assigned to my order just to burn through my btc faster.

1 it doesnt matter if you have 12 or 1200 as long as you get what you paid for its exactly the same.
2 why should it matter if they give you extra free of charge? hello bonus :)




1) it does matter as a old crappy miner will pretty much never hit a block. and the whole point is to hit blocks.

2) its not bonus they charge you for the overage. so if I request 5 and they put me at 10 they are charging me for 10.

i dont think 1 is true.. its not how it works.. 100 1ghs miners will make the SAME amount as 1 100ghs miner.
 
plus 2 is kind of the same as 1.. if you wanted 5 for 2 hours but got 10 for 1 hour you should make the same amount of whatever coins you were mining.. factoring in luck..

what you have is a gamblers fallacy..



The gambler's fallacy, also known as the Monte Carlo fallacy or the fallacy of the maturity of chances, is the mistaken belief that, if something happens more frequently than normal during some period, it will happen less frequently in the future, or that, if something happens less frequently than normal during some period, it will happen more frequently in the future




Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Legacy2005 on March 12, 2016, 04:59:44 AM
believe what you want. when was the last time a gpu hit a block? 2012?

its not about amount of hash in a given time frame I wanted/ordered 5 for 24hrs. that's what I want not 50 for 1 hour. I put a limit on it for a reason.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Megaquake on March 12, 2016, 05:09:50 AM
believe what you want. when was the last time a gpu hit a block? 2012?

its not about amount of hash in a given time frame I wanted/ordered 5 for 24hrs. that's what I want not 50 for 1 hour. I put a limit on it for a reason.

I agree with you


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: WorkHorse78 on March 12, 2016, 06:36:33 AM
believe what you want. when was the last time a gpu hit a block? 2012?

its not about amount of hash in a given time frame I wanted/ordered 5 for 24hrs. that's what I want not 50 for 1 hour. I put a limit on it for a reason.

I agree with you

Is there the same amount of coins generated on the network in 1 hour as amount of coins generated in 24 hours?

If I ordered 24 hours worth of hashing at any speed, I'd be pissed if it only gave me 1 hour!


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on March 12, 2016, 06:54:21 AM
believe what you want. when was the last time a gpu hit a block? 2012?

its not about amount of hash in a given time frame I wanted/ordered 5 for 24hrs. that's what I want not 50 for 1 hour. I put a limit on it for a reason.

I agree with you

Is there the same amount of coins generated on the network in 1 hour as amount of coins generated in 24 hours?

If I ordered 24 hours worth of hashing at any speed, I'd be pissed if it only gave me 1 hour!

Hi,

Please take a look at this FAQ: https://www.nicehash.com/index.jsp?p=faq#faqb16

Best regards,
NiceHash team.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: WorkHorse78 on March 13, 2016, 10:43:34 PM
believe what you want. when was the last time a gpu hit a block? 2012?

its not about amount of hash in a given time frame I wanted/ordered 5 for 24hrs. that's what I want not 50 for 1 hour. I put a limit on it for a reason.

I agree with you

Is there the same amount of coins generated on the network in 1 hour as amount of coins generated in 24 hours?

If I ordered 24 hours worth of hashing at any speed, I'd be pissed if it only gave me 1 hour!

Hi,

Please take a look at this FAQ: https://www.nicehash.com/index.jsp?p=faq#faqb16

Best regards,
NiceHash team.

That did NOT answer my Question.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on March 14, 2016, 12:03:27 AM
believe what you want. when was the last time a gpu hit a block? 2012?

its not about amount of hash in a given time frame I wanted/ordered 5 for 24hrs. that's what I want not 50 for 1 hour. I put a limit on it for a reason.

I agree with you

Is there the same amount of coins generated on the network in 1 hour as amount of coins generated in 24 hours?

If I ordered 24 hours worth of hashing at any speed, I'd be pissed if it only gave me 1 hour!

Hi,

Please take a look at this FAQ: https://www.nicehash.com/index.jsp?p=faq#faqb16

Best regards,
NiceHash team.

That did NOT answer my Question.
i see it pretty clear.. if you paid for 5th and you see 7th its because there wasnt enough miners available to give exactly 5th.. unfortunately they dont give you the extra 2 for free..
it also says that if they give you 7th for a short while, they can also lower it down to say 2th for awhile to even it out..

in the end.. you will have produced the same amount of shares.. whether its 5th for an hour, or 10th for 30 minutes..

its how it works..



Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Legacy2005 on March 14, 2016, 04:18:51 PM
but there is still the fact that they are assigning underpowered crap to be the miners of these contracts.

yes the number of shares may even out over the length of contract and that is fine if you mining to a pool and that pool pays for your submitted shares. but when you are solo mining its not so much about the number of shares but the quality of those shares submitted. an old crap miner will never hit a block where as an s7 or avalon 6 may hit several.

i will be using mrr from now on for my rentals. it might be a touch more expensive but at least i know that when i set a contract for an s7 worth of hash power i will be getting an s7.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kenshirothefist on March 14, 2016, 07:15:28 PM
an old crap miner will never hit a block where as an s7 or avalon 6 may hit several

Do you actually believe there is such thing as "quality share"?  :D

Sure AntMiner S7 has higher chances of hitting a block, but merely due to the fact that is faster than "an old crap miner like AntMiner S1" and it thus processes more shares ... and more shares means more chances to hit a block. But there is no such think as quality of a share. And if you rent hashing power on NiceHash these shares are coming from real miners and are as "quality" as those from using directly any physical miners.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Legacy2005 on March 14, 2016, 07:53:17 PM
an old crap miner will never hit a block where as an s7 or avalon 6 may hit several

Do you actually believe there is such thing as "quality share"?  :D

Sure AntMiner S7 has higher chances of hitting a block, but merely due to the fact that is faster than "an old crap miner like AntMiner S1" and it thus processes more shares ... and more shares means more chances to hit a block. But there is no such think as quality of a share. And if you rent hashing power on NiceHash these shares are coming from real miners and are as "quality" as those from using directly any physical miners.

laugh all you want but your statement just proved my point. an s7 will put out more shares at this higher diff then an old s1, therefore those s7 shares are of higher quality as they are closer/more likely to hit the required #. take a look at the blocks found on the ckpool thread when is the last one found with an old miner, ages and ages ago.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jonnybravo0311 on March 14, 2016, 07:57:20 PM
Blocks are found by NH rentals all the time on -ck's solo pool.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on March 14, 2016, 08:17:16 PM
an old crap miner will never hit a block where as an s7 or avalon 6 may hit several

Do you actually believe there is such thing as "quality share"?  :D

Sure AntMiner S7 has higher chances of hitting a block, but merely due to the fact that is faster than "an old crap miner like AntMiner S1" and it thus processes more shares ... and more shares means more chances to hit a block. But there is no such think as quality of a share. And if you rent hashing power on NiceHash these shares are coming from real miners and are as "quality" as those from using directly any physical miners.

laugh all you want but your statement just proved my point. an s7 will put out more shares at this higher diff then an old s1, therefore those s7 shares are of higher quality as they are closer/more likely to hit the required #. take a look at the blocks found on the ckpool thread when is the last one found with an old miner, ages and ages ago.

again you are confused about how bitcoin mining works..

it doesnt matter if you have 1000 1 ghs miners, or 1 1000ghs miner, you will produce the same amount of shares and have the SAME chance at finding a block.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Legacy2005 on March 14, 2016, 08:42:37 PM
an old crap miner will never hit a block where as an s7 or avalon 6 may hit several

Do you actually believe there is such thing as "quality share"?  :D

Sure AntMiner S7 has higher chances of hitting a block, but merely due to the fact that is faster than "an old crap miner like AntMiner S1" and it thus processes more shares ... and more shares means more chances to hit a block. But there is no such think as quality of a share. And if you rent hashing power on NiceHash these shares are coming from real miners and are as "quality" as those from using directly any physical miners.

laugh all you want but your statement just proved my point. an s7 will put out more shares at this higher diff then an old s1, therefore those s7 shares are of higher quality as they are closer/more likely to hit the required #. take a look at the blocks found on the ckpool thread when is the last one found with an old miner, ages and ages ago.

again you are confused about how bitcoin mining works..

it doesnt matter if you have 1000 1 ghs miners, or 1 1000ghs miner, you will produce the same amount of shares and have the SAME chance at finding a block.


ya sure.. believe what you want. check the stats. when was the last block found by a 1gh miner vs that of a 1000gh miner.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on March 14, 2016, 08:44:08 PM
an old crap miner will never hit a block where as an s7 or avalon 6 may hit several

Do you actually believe there is such thing as "quality share"?  :D

Sure AntMiner S7 has higher chances of hitting a block, but merely due to the fact that is faster than "an old crap miner like AntMiner S1" and it thus processes more shares ... and more shares means more chances to hit a block. But there is no such think as quality of a share. And if you rent hashing power on NiceHash these shares are coming from real miners and are as "quality" as those from using directly any physical miners.

laugh all you want but your statement just proved my point. an s7 will put out more shares at this higher diff then an old s1, therefore those s7 shares are of higher quality as they are closer/more likely to hit the required #. take a look at the blocks found on the ckpool thread when is the last one found with an old miner, ages and ages ago.

again you are confused about how bitcoin mining works..

it doesnt matter if you have 1000 1 ghs miners, or 1 1000ghs miner, you will produce the same amount of shares and have the SAME chance at finding a block.


ya sure.. believe what you want. check the stats. when was the last block found by a 1gh miner vs that of a 1000gh miner.

how would you know?


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: -ck on March 14, 2016, 08:48:38 PM
ya sure.. believe what you want. check the stats. when was the last block found by a 1gh miner vs that of a 1000gh miner.
I try not to get involved in these discussions because it gets tiring correcting misinformation all day every day, but if you want an authority to chime in on this debate: you're completely and utterly wrong. 1000 x more blocks are found by a 1000gh miner than a 1gh miner, but that doesn't mean the 1gh miner "stops finding blocks". There's no such thing as quality of hash, only total hashes. A miner that has 1000x the hashes has 1000x the chance of finding a block. The others are right when they say 1000 1gh miners find a many blocks as 1 1000gh miner.  The total hashes of all 1gh miners left in the universe though don't come anywhere near the total hashes of all 1th miners though so it only stands to reason that more blocks are being found by the 1th miners now.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: bctmke on March 15, 2016, 12:24:36 PM
The easy answer is that if you want more control over WHAT type of device is hashing for you - don't rent from NH.

They're just going to provide you what is promised which is really a total shares #.  The FAQ is absolutely right.

As you mentioned you'll be going elsewhere for hash - and that's how it should be.  Having options is always nice.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on March 25, 2016, 07:24:36 PM
i been noticing on the ethereum pool long stretches of flat lines (1 or 2 hours).. like my miner isnt sending in any shares..

is something wrong with the site?


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: daniele_83 on April 26, 2016, 01:22:55 PM
Hi, I am having a problem with the Pool Verificator, it fail everytime!!!

"Received authorization result... Error: Failed to authorize. Wrong username or password."


what are the password supposed to put there?


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jonnybravo0311 on April 26, 2016, 01:30:49 PM
Hi, I am having a problem with the Pool Verificator, it fail everytime!!!

"Received authorization result... Error: Failed to authorize. Wrong username or password."

The user and password are the one registered in the pools. It happens for each pools I try to verify!

I put there the user and password registered for the pools

Example for http://www.bravo-mining.com/index.php

I put my login and password details

What's wrong?
Since you're asking about my pool, let me try to help you.  Can you provide me your username on my pool?  Also, we probably want to move this discussion to my pool's thread: https://bitcointalk.org/index.php?topic=1330452.0 because I know the pool verification function works:

http://i.imgur.com/bjihQfL.png


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: daniele_83 on April 26, 2016, 01:34:03 PM
Hi, I am pretty sure I am the one in mistake here.

It's the same for another pool server where i am registered so I am pretty 99% sure I am making something wrong.

Btw I am using worker1  as user to test in jonnybravo


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jonnybravo0311 on April 26, 2016, 01:37:34 PM
Ok... you need to put in your pool account name dot worker name.  For example, on my pool, my username is "jonnybravo" and a worker I have is "rental" (yes, I know, creatively named).  So, to test this, I must put
Code:
jonnybravo.rental

Your worker name must exist on the pool, to pass the verification.  The password you enter must also match.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: daniele_83 on April 26, 2016, 01:54:46 PM
Cool, now that I wish like to test this pool it keeps popping me opinable captchas to solve...

btw again

Received authorization result... Error: Failed to authorize. Wrong username or password.


EDIT
I SUCCEED! ;D ;D ;D

Thank you Jonny for support! It helped me making a step at least!


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: jonnybravo0311 on April 26, 2016, 02:26:38 PM
Glad to help :)


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on June 21, 2016, 09:53:42 AM
Great SHA256 profitability @ NiceHash (https://www.nicehash.com/).
Currently over 10% more than regular Bitcoin mining.



Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kano on June 21, 2016, 01:35:34 PM
You forgot to subtract the 6% fees


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on June 21, 2016, 01:57:24 PM
You forgot to subtract the 6% fees

3%

And with 14% above BTC and being PPS is still much better than any other pool.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kano on June 21, 2016, 02:21:04 PM
You forgot to subtract the 6% fees

3%

And with 14% above BTC and being PPS is still much better than any other pool.
It's not a pool, it's a proxy ... and I'd also point out that you tell people who post about your poxy here, to not do so, and post in the services thread where it belongs, so why are YOU doing what you ask other to NOT do?

And that so called '14%' above BTC lasts for how long? An hour, a day?
Can you guarantee anyone even a single day '14%' above PPS?
How long can you guarantee that?
Then they'll be back to earning less than PPS, as usual.

--

As for the cost to rent from you:

So tell me, which is it:
1) You have no understanding of economics and you make a fortune receiving a total of 6% from rented hash purely by luck?
2) You're simply out to deceive everyone and you do realised that the 3% rental fee is a blatant deception?

When a business produces an item, it must cover it's costs.
If there are fees involved in producing that item, those fees must, of course, also be covered.

Thus a person selling their hash rate, who has to pay you 3%, must consider that 3% fee in what they charge for their hash rate.
Thus the person renting hash would expect be paying 6% fees so that the person selling their hash rate can then (only) make PPS.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on June 21, 2016, 03:30:25 PM
Well nicehash has a value for renters and for sellers of hash .

Nicehash sometimes, but only sometimes is a very good deal.


If you are selling to nicehash and want to earn more then standard you really need to understand how to do it .

 First go here {see screen shot below}

 and check the rates for 1000th
 for now 2.401 is the break even number.

So if you sell to nicehash you need to sell at  2.521 you will be paid about 101 percent.

this means you must set your p=2.521
and actually more like 2.55  and put nicehash first and kano or any pool you want second.

for me I use nicehash and set well above the thresh hold number of 2.521  I set at 2.777

which is 10% over
so  I consider the posting by nicehash to lack some needed transparency.

this is selling your hash to them

buy from them.  2.401 x .95 = 2.281  so if you can rent as low as 2.281  it would be good.

my rentals from them were quite a bit   50 coins a year.  no longer so. as they did something I thought was wrong to the winner of a solo block last fall.

ever since then I have rented less. there are the only company in the world of crypto coins that i know of that run the way they do.

So I give them some support as I think their business model should exist.
I do think they are a bit stupid in that they lack transparency and they would still do well by being more transparent.

https://bitcoinwisdom.com/bitcoin/difficulty

http://i.imgur.com/O7iVInj.png


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on June 21, 2016, 10:07:18 PM
You forgot to subtract the 6% fees

3%

And with 14% above BTC and being PPS is still much better than any other pool.
you really shouldnt charge a fee at all for the miners.. they are what makes your site work. its not like you are a regular pool that is paying the miners out of block rewards. there is NO risk to you because the payment comes directly from the buyers..


oh and 14% above BTC for an hour is NOT much better then any other pool.. sorry but this is the chart you should be posting..

https://c8.staticflickr.com/8/7312/27824901815_cb4124c1d2_b.jpg

it shows that if you left your miners on this "pool" for the month, after the 3% fee you would be mining at a LOSS than any other pool..




Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Aplayer on June 22, 2016, 01:43:13 AM
Quoted from FAQ:

"You can also refill your existing orders which essentially extends the running time of an order - you can refill your orders as many times as you want and you are not additionally charged for refilling an existing order."

The question is why I was always charged 3% for refilling my existing order.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on June 22, 2016, 02:31:23 PM
Quoted from FAQ:

"You can also refill your existing orders which essentially extends the running time of an order - you can refill your orders as many times as you want and you are not additionally charged for refilling an existing order."

The question is why I was always charged 3% for refilling my existing order.

Full disclosure below shows that the line  quote above   needs fixing by nicehash and is wrong.

Can I edit or refill my order, and what happens if I cancel my order?

Yes, you can edit your order. You can increase order price and optionally limit hashing power (or change existing limit). If you edit your order and set higher price, the logic is the same as when submitting new orders, see also How can I buy hash power at NiceHash?

You can also refill your existing orders which essentially extends the running time of an order - you can refill your orders as many times as you want and you are not additionally charged for refilling an existing order.

You can also decrease price of your existing orders. To avoid manipulation, price decrease is only available within predefined price steps, can be applied only each 10 minutes and resets your position to the bottom of sub-list of same-priced orders. The predefined value of price decrease is displayed on Decrease price button. Of course, once you decrease price you can always later increase it without any limitation.

If you cancel the order, you'll get your Bitcoins back. This enables you to quickly switch between different algorithms (Scrypt/Scrypt-Adaptive-Nfactor/SHA256/etc.) in dependence of current profitability without loosing funds or hash power.

The remaining Bitcoins that have not been used yet for paying accepted shares are loaded back into your wallet and service fee will be refunded (from the remaining Bitcoins), however small 0.0001 BTC non-refundable order submission is not refunded. We've had attacks with order spamming in the past and currently don't have any other appropriate ways to prevent order spamming. Our first priority is to protect all users, stability and security of the system. Thanks for understanding.

Please note: it takes a couple of minutes for the refunded funds to appear in your NiceHash wallet.

Note: You can not lower the price on your order and order can not be paused. These features would lead to orders manipulation or abuse (discussed above) and are thus not available, but you can implement them by canceling and re-submitting orders, applying to the above stated rules.





nicehash  should say you are not charged the 0.0001   'spam fee'    

 more then then one time per   each order.

I have issues with the spam fee.  I figure    I spent more then .200 btc due to cancels done by nicehash.


see the 4 or 5 here   i have more then 100 like this since I started mining with them.
I am tempted to  track this with other people to see how much they score on this.
http://i.imgur.com/QdrchPL.png


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on July 10, 2016, 09:38:43 PM
it looks like nicehashes price is being manipulated..

since the sha256 has NOTHING to do with the bitcoin block reward, i did not expect it to drop down to what 100% bitcoin luck pays out. i expected it to remain a fair value of what people were willing to pay to rent mining hash.

right now there are several sha256 alt coins that payout more then 100% bitcoin luck. like dgb, cure, mzc, neos..


so why is the payout for NH so low?? it should be what it was..


i was looking forward to see if NH was going to make it through the halving and be a competitive pool. but it looks like its not.





Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: NiceHashSupport on August 29, 2016, 08:33:44 AM
Past month profitability is +5% above Bitcoin mining. 3% fee and PPS sheme that makes it efficiently +2% above Bitcoin mining and PPS.

https://www.nicehash.com/?p=stats&a=1


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: VivaLaGuN on August 29, 2016, 09:34:56 AM
hi guys,with antminer i cant connect to nicehash servers what am i doing wrong?

my settings:

URL: stratum+tcp://sha256.eu.nicehash.com:3334#xnsub

Worker : my btc address

Password: x

this example picture from nicehash
https://www.nicehash.com/imgs/AntMiner_configuration.png

any idea ?


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on August 29, 2016, 09:41:54 AM
hi guys,with antminer i cant connect to nicehash servers what am i doing wrong?

my settings:

URL: stratum+tcp://sha256.eu.nicehash.com:3334#xnsub

Worker : my btc address

Password: x

this example picture from nicehash
https://www.nicehash.com/imgs/AntMiner_configuration.png

any idea ?

Which AntMiner are you using?


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: VivaLaGuN on August 29, 2016, 09:49:36 AM
hi guys,with antminer i cant connect to nicehash servers what am i doing wrong?

my settings:

URL: stratum+tcp://sha256.eu.nicehash.com:3334#xnsub

Worker : my btc address

Password: x

this example picture from nicehash
https://www.nicehash.com/imgs/AntMiner_configuration.png

any idea ?

Which AntMiner are you using?

Antminer S5 & S7


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on August 29, 2016, 11:13:21 AM
Antminer S5 & S7

In order for AntMiner S5 to use the #xnsub parameter, you have to update the firmware with this one:

https://www.nicehash.com/sw/SD-S5-20150415_nicehash_perf_graphs.tar.gz

AntMiner S7 should work out-of-the box.

Try entering the stratum URL in full format, including "stratum+tcp://" in the URL field of the AntMiner GUI:

Code:
stratum+tcp://sha256.eu.nicehash.com:3334#xnsub

Please report back if it works for you. Thanks.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: VivaLaGuN on August 29, 2016, 12:09:45 PM
Antminer S5 & S7

In order for AntMiner S5 to use the #xnsub parameter, you have to update the firmware with this one:

https://www.nicehash.com/sw/SD-S5-20150415_nicehash_perf_graphs.tar.gz

AntMiner S7 should work out-of-the box.

Try entering the stratum URL in full format, including "stratum+tcp://" in the URL field of the AntMiner GUI:

Code:
stratum+tcp://sha256.eu.nicehash.com:3334#xnsub

Please report back if it works for you. Thanks.

before firmware update can i change another pool after the frimware update?  thanks for help


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on August 29, 2016, 01:49:27 PM
before firmware update can i change another pool after the frimware update?  thanks for help

Yes, of course, you can use any pool, firmware update is not nicehash-specific.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: nicehash on September 14, 2016, 07:01:22 PM
Miners, checkout the great SHA256 profitability on NiceHash!

http://i.imgur.com/XbI0vGrl.png


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: abasaud on September 16, 2016, 10:12:23 PM
hi
I tried many times to connect solo server
for mining Dash coin لاut I can't

My device is mini x11 miner
 from biakal miner

My config is :
stratum+tcp://stratum.solo.nicehash.com:3336
algo
X11
User :
bitGo-wallet-address
Pass:
a

until now I didn't get any block

https://s11.postimg.org/txzyje0ub/nicesolo.jpg


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: coinspeed on September 24, 2016, 12:38:00 PM
Hey guys,

I'm complete noob at this and just started playing around with Nicehash, set up an order, directed it to a pool and have a few questions.

So far everything seems to be working, I have 1GH/s mining some ETH, with the actual hash rate ranging from 0.9 to 1.2 GH on my Nicehash order.

The mining pool is Coinotron and after about 30 minutes my estimated hash rate is 325 MH/s. This value gradually increased in about 3 steps so far, but is still about 1/3 of what is displayed in my Nicehash order.
Is this normal? I suppose it takes some time for these two values to align, but I read somwhere on Nicehash that these values should be approximately equal after 15-30 minutes.

Could someone clarify this for me please? Thanks in advance for your help!  

----

Ok, took about an hour for it to catch up, but now the values match up :)


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: qctechno on December 15, 2016, 11:55:53 PM
I'm use to mine at nicehash and get daily payout for last couple of weeks.
Payment stopped 5days ago, currently holding 0.05BTC / 40$US and accumulating with Zcash and Eth mining.
Again today , I miss my usual payout time (18hrs local ). It's only me or Nicehash is holding payout for all ?


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on December 16, 2016, 12:06:34 AM
I'm use to mine at nicehash and get daily payout for last couple of weeks.
Payment stopped 5days ago, currently holding 0.05BTC / 40$US and accumulating with Zcash and Eth mining.
Again today , I miss my usual payout time (18hrs local ). It's only me or Nicehash is holding payout for all ?
it was posted a couple pages back.



Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: qctechno on December 16, 2016, 12:30:37 AM
Ok I saw some status when print screen my nicehash page :P

Est. Next Payout date and time : 2016-12-17 18:41

They slowed payout regime ... I was not crazy.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: aarons6 on December 16, 2016, 01:22:37 AM
Ok I saw some status when print screen my nicehash page :P

Est. Next Payout date and time : 2016-12-17 18:41

They slowed payout regime ... I was not crazy.


sorry i got the threads wrong.. it was posted in the nicehash miner thread but here.

https://www.nicehash.com/?p=news&id=122


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: qctechno on December 16, 2016, 01:36:41 AM
Ok I saw some status when print screen my nicehash page :P

Est. Next Payout date and time : 2016-12-17 18:41

They slowed payout regime ... I was not crazy.


sorry i got the threads wrong.. it was posted in the nicehash miner thread but here.

https://www.nicehash.com/?p=news&id=122

Thanks!  Here a copy of the Announcement

016-12-09
Change in payment (payouts) schedule for hashing power sellers/providers
Dear hashing power sellers/providers,

Due to extremely increased Bitcoin Transaction fees we're once again forced to adjusting payments (payouts) schedule. We are striving to process payments to miners fast, multiple times per day and making sure that payments are confirmed as soon as possible - by including adequate amount of Bitcoin Transaction fee from our pockets to each payment (payouts).

Unfortunately Bitcoin Blockchain network is completely saturated lately and thus the Bitcoin Transaction fees became enormous. We are supporting and encouraging SegWit adoption and really we hope that it will soon be implemented and thus enable normal Bitcoin Transaction fees and higher transaction processing throughput. But until this is realized, we will change our payout schedule as follows:

Payments (payouts) will be issued four times a day if your unpaid balance is greater than 0.1 BTC. We will be processing payments for balances greater than 0.01 BTC once every week, usually each Saturday at 16:00 UTC. Payments for balances greater than 0.001 BTC will be processed once every four weeks.

The switch to the new payment (payouts) schedule for hashing power sellers/providers will take place on December 10th 2016 at 09:00 UTC.

We are also making a commitment that as soon as Bitcoin Blockchain transaction processing network will be extended by either implementing SegWit or a hard fork to a larger block size, we will switch back to previous payouts schedule, allowing more frequent payouts with lower payout thresholds.



Thank you for your using our service and keep on hashing! ;)

Best regards, NiceHash team


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: riser on December 16, 2016, 10:21:05 AM
I'm use to mine at nicehash.. but payments one in week(((((


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: pornluver on April 17, 2017, 12:10:49 PM

Sell your hashing power as simple as using a PPS pool!

www.nicehash.com (http://www.nicehash.com)

This thread is intended for a quick overview and debate for miners (sellers/providers) of hashing power, who can use NiceHash.com as simple any other Bitcoin/SHA256 pool/multipool. The complete description of NiceHash.com service is available in this topic (https://bitcointalk.org/index.php?topic=562238.0).

Why use NiceHash.com SHA256 mining pool?
- It is as simple as using any other pool/multipool with PPS payments (https://www.nicehash.com/?p=gstarted#seller)
- Higher profits than direct mining BTC, detailed in statistics (https://www.nicehash.com/index.jsp?p=stats)
- Automatic payments in Bitcoins up to 4 times a day (https://www.nicehash.com/index.jsp?p=faq#faqs5)
- No registration needed (https://www.nicehash.com/?p=gstarted#seller)
- Stable and reputable service from April 2014 (http://www.nicehash.com)

NiceHash.com is the most suitable service for miners who are looking for easy and profitable mining experience with higher profits than direct mining BTC.

Take a look at our Getting started guide (https://www.nicehash.com/?p=gstarted#seller) and start mining on our pools.

Keep in mind that NiceHash/WestHash is a PPS pool with higher profits that direct mining BTC (see Stats on our homepage).

With the fees set to only 3% our pool has the lowest fee among popular PPS paying pools (usualy at 4% or 5% fees).

Click here to see how to get started right now! (https://www.nicehash.com/index.jsp?p=gstarted#seller)

Besides nicehash are there any other PPS paying pools? That way I can buy from nicehash and sell to that pool?


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on April 17, 2017, 12:31:01 PM

Sell your hashing power as simple as using a PPS pool!

www.nicehash.com (http://www.nicehash.com)

This thread is intended for a quick overview and debate for miners (sellers/providers) of hashing power, who can use NiceHash.com as simple any other Bitcoin/SHA256 pool/multipool. The complete description of NiceHash.com service is available in this topic (https://bitcointalk.org/index.php?topic=562238.0).

Why use NiceHash.com SHA256 mining pool?
- It is as simple as using any other pool/multipool with PPS payments (https://www.nicehash.com/?p=gstarted#seller)
- Higher profits than direct mining BTC, detailed in statistics (https://www.nicehash.com/index.jsp?p=stats)
- Automatic payments in Bitcoins up to 4 times a day (https://www.nicehash.com/index.jsp?p=faq#faqs5)
- No registration needed (https://www.nicehash.com/?p=gstarted#seller)
- Stable and reputable service from April 2014 (http://www.nicehash.com)

NiceHash.com is the most suitable service for miners who are looking for easy and profitable mining experience with higher profits than direct mining BTC.

Take a look at our Getting started guide (https://www.nicehash.com/?p=gstarted#seller) and start mining on our pools.

Keep in mind that NiceHash/WestHash is a PPS pool with higher profits that direct mining BTC (see Stats on our homepage).

With the fees set to only 3% our pool has the lowest fee among popular PPS paying pools (usualy at 4% or 5% fees).

Click here to see how to get started right now! (https://www.nicehash.com/index.jsp?p=gstarted#seller)

Besides nicehash are there any other PPS paying pools? That way I can buy from nicehash and sell to that pool?

finally a good question from you.

yes  you can do that.

keep in mind  a lot of people do it right now and the rental prices are high once in a while you can rent low enough to turn profit

this pool is paying 110%
https://bitcointalk.org/index.php?topic=1816313.0


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: pornluver on April 18, 2017, 06:19:15 AM

Sell your hashing power as simple as using a PPS pool!

www.nicehash.com (http://www.nicehash.com)

This thread is intended for a quick overview and debate for miners (sellers/providers) of hashing power, who can use NiceHash.com as simple any other Bitcoin/SHA256 pool/multipool. The complete description of NiceHash.com service is available in this topic (https://bitcointalk.org/index.php?topic=562238.0).

Why use NiceHash.com SHA256 mining pool?
- It is as simple as using any other pool/multipool with PPS payments (https://www.nicehash.com/?p=gstarted#seller)
- Higher profits than direct mining BTC, detailed in statistics (https://www.nicehash.com/index.jsp?p=stats)
- Automatic payments in Bitcoins up to 4 times a day (https://www.nicehash.com/index.jsp?p=faq#faqs5)
- No registration needed (https://www.nicehash.com/?p=gstarted#seller)
- Stable and reputable service from April 2014 (http://www.nicehash.com)

NiceHash.com is the most suitable service for miners who are looking for easy and profitable mining experience with higher profits than direct mining BTC.

Take a look at our Getting started guide (https://www.nicehash.com/?p=gstarted#seller) and start mining on our pools.

Keep in mind that NiceHash/WestHash is a PPS pool with higher profits that direct mining BTC (see Stats on our homepage).

With the fees set to only 3% our pool has the lowest fee among popular PPS paying pools (usualy at 4% or 5% fees).

Click here to see how to get started right now! (https://www.nicehash.com/index.jsp?p=gstarted#seller)

Besides nicehash are there any other PPS paying pools? That way I can buy from nicehash and sell to that pool?

finally a good question from you.

yes  you can do that.

keep in mind  a lot of people do it right now and the rental prices are high once in a while you can rent low enough to turn profit

this pool is paying 110%
https://bitcointalk.org/index.php?topic=1816313.0


I would try that too. I am thinking of alt coins PPS pools actually. However, that's good too. How the hell they pay 110% PPS? Pool hoping?


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: -ck on April 18, 2017, 06:22:46 AM
How the hell they pay 110% PPS? Pool hoping?
Offtopic for this thread, but basically they're using it to attempt to fund a Bitcoin Unlimited takeover of the network by making people mine on a BU pool at the pool's loss; it's Roger Ver's owned pool and he's going to great lengths to garner support for BU.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kano on April 19, 2017, 11:00:27 AM
How the hell they pay 110% PPS? Pool hoping?
Offtopic for this thread, but basically they're using it to attempt to fund a Bitcoin Unlimited takeover of the network by making people mine on a BU pool at the pool's loss; it's Roger Ver's owned pool and he's going to great lengths to garner support for BU.
Firstly, Bitcoin is peer2peer.
If the vast majority of bitcoin wants something, then that is what bitcoin now is.
Be that segwit, BU or some other better option than either of those two poor quality offerings.

Secondly, Roger Ver's ckpool/ckdb pool is making an expected profit paying out 110% PPS as I explained in his pool thread, since miners are currently expected to get around 112% PPS on a zero fee pool due to transaction fees.

If you wish to delete this post for being OT, then also delete yours since it contains false information.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Aurel577 on June 07, 2017, 10:09:43 AM
Seems NiceHash is paying a good rate lately.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: ukoa on July 04, 2017, 10:57:38 PM
I have a Raspberry Pi 3 running 1 2Gh/s USB miner and 3 330 Mh/s USB miners. All together it hovers around 3Gh/s.
I'm getting next to no results on that. I'm getting way from my GTX 970 on Windows 10.

Should I get more USB miners or more video cards?
I really would like to utilize my Raspberry Pi.

Thanks


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: ukoa on July 05, 2017, 12:06:34 PM
Anyone else getting this?

[2017-07-05 07:57:26] Pool 0 stratum+tcp://sha256.usa.nicehash.com:3334/#xnsub
not responding!

Looks like I'm not mining anything.

 Pool 0: ...sa.nicehash.com  Diff:2.05k  +Strtm  LU:[08:05:36]  User:1Aog93G1hgo
 Block: ...37f15a02 # 97065  Diff:12.6M (90.02T)  Started: [08:05:36]
 ST:9  F:85  NB:1879  AS:0  BW:[106/  6 B/s]  E:215.01  I:  170mBTC/hr  BS:306k
 4            |  0.00/323.3/ 0.00Th/s | A:92 R:1+0(.60%) HW:186/.55%
--------------------------------------------------------------------------------
 AMU 0:       |  1.99/ 1.95/ 1.19Gh/s | A: 6 R:1+0( 22%) HW: 44/.22%
 BES 0:       |  0.00/323.3/ 0.00Th/s | A: 0 R:0+0(none) HW: 56/1.3%
 BES 1:       | 336.0/332.4/329.8Mh/s | A: 3 R:0+0(none) HW: 38/.86%
 BES 2:       | 336.0/332.7/329.9Mh/s | A: 1 R:0+0(none) HW: 48/1.1%


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: DarkStar_ on July 05, 2017, 02:28:03 PM
I have a Raspberry Pi 3 running 1 2Gh/s USB miner and 3 330 Mh/s USB miners. All together it hovers around 3Gh/s.
I'm getting next to no results on that. I'm getting way from my GTX 970 on Windows 10.

Should I get more USB miners or more video cards?
I really would like to utilize my Raspberry Pi.

Thanks

Are you mining Bitcoin or another SHA-256 coin? If so, you might want to look at buying an ASIC instead of more video cards/USB miners, as they are a lot stronger than your USB miners/video cards. Video cards are pretty good for mining other coins like ETH where no ASICs exist though. Look into AntMiners  (https://shop.bitmain.com/)or Avalons (https://canaan.io/shop/) if you want to get a set up that actually mines a decent amount of Bitcoin.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: ukoa on July 05, 2017, 03:58:33 PM

[/quote]

Are you mining Bitcoin or another SHA-256 coin? If so, you might want to look at buying an ASIC instead of more video cards/USB miners, as they are a lot stronger than your USB miners/video cards. Video cards are pretty good for mining other coins like ETH where no ASICs exist though. Look into AntMiners  (https://shop.bitmain.com/)or Avalons (https://canaan.io/shop/) if you want to get a set up that actually mines a decent amount of Bitcoin.
[/quote]

Yes, Bitcoin. I guess I'm going to look into a real ASIC miner. I'm just not sure how to set it up.
I assume it needs its own power supply? Do I connect it to windows, my Raspberry Pi?


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Aurel577 on July 12, 2017, 10:41:54 PM


Are you mining Bitcoin or another SHA-256 coin? If so, you might want to look at buying an ASIC instead of more video cards/USB miners, as they are a lot stronger than your USB miners/video cards. Video cards are pretty good for mining other coins like ETH where no ASICs exist though. Look into AntMiners  (https://shop.bitmain.com/)or Avalons (https://canaan.io/shop/) if you want to get a set up that actually mines a decent amount of Bitcoin.
[/quote]

Yes, Bitcoin. I guess I'm going to look into a real ASIC miner. I'm just not sure how to set it up.
I assume it needs its own power supply? Do I connect it to windows, my Raspberry Pi?
[/quote]

If you buy an Antminer all you need is a PSU and a Ethernet cable. Once connected the setup is easy.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Mandeep148 on July 13, 2017, 05:15:44 PM
hi,
im using nice hash, gpu working fine,
but cpu not getting stable work in mining (nicehash) its getting dissapear or CPu mining restarting,
i have testing my CPU for 4 days in prime 95 include overclocking, temperature was under control and There wasnt any error,
CPU: i5 6600k
GPU: 1070GTX
MOBO: z170 gaming pro


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: ZBTCoin on August 27, 2017, 02:38:34 AM
Is nicehash more profitable after fees than mining only BTC at Kano.is



Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: mdude77 on August 27, 2017, 04:17:04 AM
Is nicehash more profitable after fees than mining only BTC at Kano.is

Doubtful.  Remember Nicehash is a buy/sell deal.  As a miner you are selling your hashpower to buyers who are paying for it.  Presumably the buyers are paying in such a way that they at least think they are coming out ahead.

Right now with transaction fees as high as they are, and Kano's pool paying full transaction fees (unlike other pools), and Nicehash not paying transaction fees, you are likely better off pointing your sha256 hashpower at Kano's pool.

M


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: zamans98 on September 25, 2017, 12:51:16 PM
BS miner. Charging 20% penalty for reboot/restart miners.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: qctechno on September 28, 2017, 04:25:23 PM
Nicehash web interface is buggy since 2-3 days, numbers of workers didn'T show up anymore and I can't access my hash statistic on SHA256 algo.

Just me or website is screwed ?


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Cuzzle on October 17, 2017, 12:10:52 PM


Doubtful.  Remember Nicehash is a buy/sell deal.  As a miner you are selling your hashpower to buyers who are paying for it.  Presumably the buyers are paying in such a way that they at least think they are coming out ahead.

Right now with transaction fees as high as they are, and Kano's pool paying full transaction fees (unlike other pools), and Nicehash not paying transaction fees, you are likely better off pointing your sha256 hashpower at Kano's pool.

M
[/quote]

Thanks for this tip, I was undecided and now have decided to stay with Kano  ;D


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: andytranter on October 23, 2017, 09:15:24 PM
Hi

I want to point my avalon 741 ASIC miner at Nicehash - is it just a matter of filling in the stratum address and using your wallet address as the worker name?


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: mdude77 on October 23, 2017, 09:34:45 PM
Hi

I want to point my avalon 741 ASIC miner at Nicehash - is it just a matter of filling in the stratum address and using your wallet address as the worker name?

Hello, if you check the fees details, you will see your fees are lower if you create an account there and let the mining proceeds go to your nicehash wallet.  And then empty the wallet every so often to your wallet of preference.

(see my sig).

M


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: andytranter on October 23, 2017, 09:52:26 PM
Hi

I want to point my avalon 741 ASIC miner at Nicehash - is it just a matter of filling in the stratum address and using your wallet address as the worker name?

Hello, if you check the fees details, you will see your fees are lower if you create an account there and let the mining proceeds go to your nicehash wallet.  And then empty the wallet every so often to your wallet of preference.

(see my sig).

M

Ah cool! Thanks for the heads up! i'm temporarily mining for a friend and is just using his wallet address (its only for a short term). Will any payments still go to his wallet address by setting up as i mentioned?


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: mdude77 on October 23, 2017, 09:58:01 PM
Hi

I want to point my avalon 741 ASIC miner at Nicehash - is it just a matter of filling in the stratum address and using your wallet address as the worker name?

Hello, if you check the fees details, you will see your fees are lower if you create an account there and let the mining proceeds go to your nicehash wallet.  And then empty the wallet every so often to your wallet of preference.

(see my sig).

M

Ah cool! Thanks for the heads up! i'm temporarily mining for a friend and is just using his wallet address (its only for a short term). Will any payments still go to his wallet address by setting up as i mentioned?

You don't have to set anything up on the nicehash side, just mine with your payout address as nicehash suggests.

M


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: mdude77 on November 09, 2017, 04:22:00 AM
Hello, just interesting if I can mine litecoin on nicehash? does it have litecoin wallet?
thanks
On Nicehash you give your device for rent. And Nicehash pay back to you by LTC
Maybe you're typo haha, it's Bitcoin not Litecoin.
Nicehash it nice choice in today. They give me better profit than do direct with Antpool

It's not hard to do better than Antpool...

M


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: philipma1957 on December 20, 2017, 02:59:21 AM
No one asking about the hack on this thread how come?

and that they come back tomorrow


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: kano on December 20, 2017, 05:54:47 AM
No one asking about the hack on this thread how come?

and that they come back tomorrow
The pool isn't the same as the rental scam site.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: crypto_curious on December 26, 2017, 07:02:23 PM
Hi

I want to point my avalon 741 ASIC miner at Nicehash - is it just a matter of filling in the stratum address and using your wallet address as the worker name?

Hello, if you check the fees details, you will see your fees are lower if you create an account there and let the mining proceeds go to your nicehash wallet.  And then empty the wallet every so often to your wallet of preference.

(see my sig).

M

Thanks so much! I've been mining on external address for months, without knowing, that account model is cheaper. And now, they have P2SH addresses, and also processing withdrawals once a day only. Thank you:)
I opened ticket to support, to ask them, it my external wallet balance could be merged with my account (I can sign message using my address). I have only 0.002 BTC there (and another 0.002BTC old balance from hack), and they saying external wallet payouts are disabled due to Bitcoin blockchain congestion. I don't know when I will get my balance from that wallet, so I will keep mining for now.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: davemanet on February 18, 2018, 01:22:09 AM
is it normal for the hash rate for the s9 to go from 0th to 14th and up and down? 

on my antminer it is fine but once the nicehash website it changes alot.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: uzas on February 18, 2018, 07:45:40 PM
I'm in EU and today from 16 pm I see 0 hash rate on nicehash website for my miner, don't understand why....


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: dslr11 on February 19, 2018, 02:43:52 AM
I'm also in EU and also see some problems. When I try to open the website I get a 502 (bad gateway) error. My miners seem to hash but can't see what's happening on multipool.us. Will wait it out, assuming that hashing works and it's just the website that's down, but if it doesn't get fixed in a few hours, I'm moving my miners elsewhere.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: dslr11 on February 19, 2018, 02:58:00 AM
Website is back online for me.


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: siampumpkin on April 08, 2018, 06:07:46 AM
Is nicehash going to release the newer miner for AMD. Right now newest miner is just on Nvidia.  :'(


Title: Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Post by: Megaquake on April 08, 2018, 06:33:50 AM
No one asking about the hack on this thread how come?

and that they come back tomorrow
The pool isn't the same as the rental scam site.

I hope that you are being sarcastic, this is the same site that has stolen allot of BTC with the so called hack.