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Ethereum pay rate dropping on Nice Hash
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Topic: Ethereum pay rate dropping on Nice Hash (Read 721 times)
sandy56
(OP)
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Activity: 62
Merit: 0
Ethereum pay rate dropping on Nice Hash
April 04, 2016, 07:13:05 AM
#1
I mine Ethereum on Nice Hash. For the last few days, the Ethereum price on coin market cap seems to have stayed about the same, but the pay rate on nice hash has dropped from about 18000% to 16000%.
Overall, just a guess as I kept no records, I would say the pay rate has dropped in relation to the market price over the last month.
Is this my imagination or is there a reason for this?
Every time a block is mined, a certain amount of BTC (called the
subsidy
) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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adaseb
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Re: Ethereum pay rate dropping on Nice Hash
April 04, 2016, 11:04:08 AM
#2
Learn what Difficulty is and how it kills miners.
.
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..
BUY
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Unacceptable
Legendary
Offline
Activity: 2212
Merit: 1001
Re: Ethereum pay rate dropping on Nice Hash
April 04, 2016, 11:34:44 AM
#3
Quote from: adaseb on April 04, 2016, 11:04:08 AM
Learn what Difficulty is and how it kills miners.
Just look at BTC.........
"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole." -Raylan Givens
Got GOXXED ??
https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be
"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan
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