Very interesting data!
I still strongly believe that nicehash fees are too high and I prefer to mine on pools on which I have better control.
But I agree that if you wanna easily mine BTC nicehash is definitely the best choice.
My opinion is just based on feelings and I did not gather detailed data as you did, so thank you.
Nicehash's fees have workarounds though if you live in certain places of the globe. For example, you can connect your Coinbase account to them and withdraw any earnings over 0.002 bitcoin with no fees. Then, once your earnings are in Coinbase, you can transfer them over to GDAX if you have an account there and send your bitcoin anywhere with no fees. The prerequisite though is you must have a verified account on Coinbases US-based exchange.
Otherwise, you are stuck paying a 5% fee if you are not a gigantic miner:
https://www.nicehash.com/help/fees5% is a high amount, I agree with you. However, Nicehash provides the most simple turn-key experience when it comes to mining. You don't have to know a thing to get into it. I used to mine with them, but some research has allowed me to move away and earn more on other pools.
Hi, Yes I agree 5% is way too high. Would you mind sharing your findings of your research. Thank you.
Show Posts
