NiceHash Miner - easy-to-use best-profit multi-device cryptocurrency miner

[Elder III]

^^^ That is because of the Bitcoin network transaction fees, not because NiceHash wants to charge that. It's not something that is in their control and having miners lose more in fees than the value of what they mined would be just stupid.

[aarons6]

^^^ That is because of the Bitcoin network transaction fees, not because NiceHash wants to charge that. It's not something that is in their control and having miners lose more in fees than the value of what they mined would be just stupid.

if you believe that.. the last TX i got from them was around 25,000$ and they only paid like 18$ in fees..

https://www.blocktrail.com/BTC/tx/c49f836b5b93ca40f460df0afde818f5ca5fff2a4cbabe89074862f9ad5eac31

you dont think that 3% from the sellers and 3% from the buyers plus the .005 deposit fee and the .005 withdraw fee isnt covering it?

[Elder III]

I don't have any problem with their fees. They provide a very useful service that facilitates our mining. The convenience and ease of use makes it so my less technically inclined wife can handle a small mining farm as a home business, to us it is worth every penny.

[Meteorite777]

Adjustments for hashing power sellers Payments schedule and Fee schedule


Please read carefully at https://www.nicehash.com/?p=news&id=159

I understand the reasoning, but damn 4% just sounds bad on paper. I love Nicehash and all but I might look to bring my hash elsewhere with this change.

[aarons6]

Adjustments for hashing power sellers Payments schedule and Fee schedule


Please read carefully at https://www.nicehash.com/?p=news&id=159

I understand the reasoning, but damn 4% just sounds bad on paper. I love Nicehash and all but I might look to bring my hash elsewhere with this change.

Open an account and mine to NiceHash-wallet. 2% fee is better than 4%.

no its not.. only if you choose to never withdraw your coins and use them on NH..

you guys charge .005 btc flat or .5% whatever is HIGHER.. the only way .5% will be higher is if you have more than 1 bitcoin in your wallet..

here is a quick number and maybe i am reading this all wrong. but here is how i understand this..

i make about .04 a week.. so.. at 4% fee i make .0384 now if i mine in your wallet..
i make about .04 a week.. so.. at 2% fee i make .0392.. looks great.. but now i transfer that to my wallet. and .005 comes out.. i get only .0342.. which is LESS..

id have to mine for like 4 weeks and hold all my coins in your wallet for me to almost break even at 4% fee.. thats a lot of money to hold in your wallet.. almost 330$.

[felixbrucker]

you guys charge .005 btc flat or .5% whatever is HIGHER.. the only way .5% will be higher is if you have more than 1 bitcoin in your wallet..

0.005 BTC is withdrawal fee.
Our service fee is only 2%. Which is, again, less than 4%.

Also, we are working on a solution to eliminate or at least drastically decrease the TX fees in the future.

the point is: it will cost more if you dont want all btc to be on nicehash but withdraw like at least once a month

[felixbrucker]

indeed

it would be super cool if we could at least configure our auto payout for a minimum amount so it doesnt trigger the 0.01 -> 4% fee and rather only cash out on 0.1 with regular 3% (but it will take a little longer to reach)

[isoneguy]

my antivirus has been targeting the xmr cpu miner since the last release of nicehash(or update of nod32)

how do I disable the "last miners" initialization? It gets in the way of auto reboots.

[AFox]

it would be super cool if we could at least configure our auto payout for a minimum amount so it doesnt trigger the 0.01 -> 4% fee and rather only cash out on 0.1 with regular 3% (but it will take a little longer to reach)

This feature will be available in the feature (for registered users using our wallet).

Would be nice to have this feature for external wallets also.

[pikachuy]

it would be super cool if we could at least configure our auto payout for a minimum amount so it doesnt trigger the 0.01 -> 4% fee and rather only cash out on 0.1 with regular 3% (but it will take a little longer to reach)

This feature will be available in the feature (for registered users using our wallet).

Would be nice to have this feature for external wallets also.

ZPOOL.CA seems tempting now if that feature isn't allowed for external wallets.

[felixbrucker]

indeed

it would be super cool if we could at least configure our auto payout for a minimum amount so it doesnt trigger the 0.01 -> 4% fee and rather only cash out on 0.1 with regular 3% (but it will take a little longer to reach)

This feature will be available in the feature (for registered users using our wallet).

it's kinda pointless for nicehash wallets, there you can already define the payment amount and date manually

ZPOOL.CA seems tempting now if that feature isn't allowed for external wallets.

if it wasnt for the 20% rip off, yes

[isoneguy]

if it wasnt for the 20% rip off, yes

can you be more specific?

[pikachuy]

Would be nice to have this feature for external wallets also.

You would first need to register and mine to NiceHash-wallet and then, of course, you will get your payment by the schedule when you reach the predefined amount (to your external wallet).
But this feature is not top priority right now.

I created a nicehash account, I see my Deposit BTC address, was looking around the withdrawal part and didn't see anything to set a specific minimum automatic withdrawal threshold. Or is it only done manually for now for nicehash wallets?

If automation is still in the works, can you implement by days too? Not just balance? For example, auto-withdrawal all funds to external account from nicehash wallet every Sunday or something like that.

[felixbrucker]

if it wasnt for the 20% rip off, yes

can you be more specific?

sure, you can start reading here: https://bitcointalk.org/index.php?topic=1260863.msg16281552#msg16281552

make sure to read till the end

problem arose before though, but i don't really want to sift through all that BS to find it

[sp_]

If automation is still in the works, can you implement by days too? Not just balance? For example, auto-withdrawal all funds to external account from nicehash wallet every Sunday or something like that.

It is something worth considering, yes. But we are just not there yet.

Would you consider adding ethereum and other big altcoins instead of bitcoin?

[esparpiri]

Hi nicehash team! I have a question, sorry my bad english, Is there any other advantage apart from simplicity of using this software instead of mining directly with the claymores if I have an RX and changing the profits in poloniex?

[citronick]

Hello Nicehash Team,

I would like to request the "Auto Refresh" checkbox like before.

This error on ... API request breach.... is very annoying and frustrating.

If inadequate system resources was the reason for taking away the auto-refresh feature, may I suggest Nicehash to upgrade the your servers instead of taking away key features like auto refresh.

Thanks for your attention.

[Mister305]

When will Sia coin be added to claymore so we can dual mine it?

[alucard20724]

When will Sia coin be added to claymore so we can dual mine it?

it's already in there... read the readme.txt in claymore dual miner

[alucard20724]

Hi nicehash team! I have a question, sorry my bad english, Is there any other advantage apart from simplicity of using this software instead of mining directly with the claymores if I have an RX and changing the profits in poloniex?

I advise you to try all available options and decide which one fits your needs. What is an advantage for one man it not necessary to be for the other.
But when I talk with our users, I noticed that they are mostly grateful for the time they save while using NiceHash Miner. They are not investors or traders, they just want to make easy money.
This is also the main reason why hundreds of gamers are joining NiceHash every week.

Whatever you decide for, make sure to try out the NiceHash Miner v2 when it comes out, okay?  

is there  going to be an implementation to incorporate dual mining profitability of both coins instead of just looking at the main coin?
for example
I have a system that does:
Equi @2.6 ksol/s  @0.01088 btc/day
ethash @ 159Mhash/s @0.01031 btc/day

but with dual mining ethash + sai
ethash @ 128Mhash/s @0.00832 btc/day + sai @ 5.14GH/s @ 0.00929 btc/day
for a total of 0.01761 btc/day for dual mining.

but the way your miner (i.e. nicehash miner) is set up, i'll always be mining equi and losing on half of my potential income.