Minergate vs Nicehash

[BtWill1Million]

Looks like to mine Monero on NiceHash you need an appart software provided by them:

Source:

https://github.com/nicehash/Specifications/blob/master/NiceHash_CryptoNight_modification_v1.0.txt

I dont know what a hell that mean: "....II. Concept
-----------

Because there is no no extranonce1 and extranonce2, for NiceHash to
properly work with CryptoNight, we need to cut off 1 byte of nonce for
NiceHash, the rest - 3 bytes are for miners.

Iterating through 3 bytes gives 256 * 256 * 256 ~ 16M possibilities. If a
coin has 120 seconds block time, that gives us 16M / 120 = 140k/s, which
means that a single miner can be as fast as 140 kH/s before things go
wrong (miner starts making duplicate work). Since CryptoNight algorithm is
very slow and best miners reach around 1 kH/s at max, it is safe to cut
off 1 byte of iteration for NiceHash.

Unfortunately, currently available mining software is not adjusted for
this modification. It is a simple modification, but has to be performed,
else miners would get shares above target.  "

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[Ambros]

Looks like to mine Monero on NiceHash you need an appart software provided by them:

Source:

https://github.com/nicehash/Specifications/blob/master/NiceHash_CryptoNight_modification_v1.0.txt

I dont know what a hell that mean: "....II. Concept
-----------

Because there is no no extranonce1 and extranonce2, for NiceHash to
properly work with CryptoNight, we need to cut off 1 byte of nonce for
NiceHash, the rest - 3 bytes are for miners.

Iterating through 3 bytes gives 256 * 256 * 256 ~ 16M possibilities. If a
coin has 120 seconds block time, that gives us 16M / 120 = 140k/s, which
means that a single miner can be as fast as 140 kH/s before things go
wrong (miner starts making duplicate work). Since CryptoNight algorithm is
very slow and best miners reach around 1 kH/s at max, it is safe to cut
off 1 byte of iteration for NiceHash.

Unfortunately, currently available mining software is not adjusted for
this modification. It is a simple modification, but has to be performed,
else miners would get shares above target.  "

This happens only if you use third part miners on their pool. Their software on their pool can be use out of the box.
This is the main reason why people use nicehash..

[kotikadze]

a year ago I mined on MinerGate, he steals(30%) . Nicehash pay more.

[evakka]

Can we use at the same time both software to mine?
I suppose the answer is yes...

But what about the CPU power?
Both of them can share the same CPU?
Can we succeed merging mining?

[m1n1ngP4d4w4n]

Can we use at the same time both software to mine?
I suppose the answer is yes...

But what about the CPU power?
Both of them can share the same CPU?
Can we succeed merging mining?

Why would you want to run both software at the same time ? Better for efficiency to run one or another. Sharing your cpu will result on less efficiency than using it only with one app. The app will max out your CPU usage to 100%, so the power used will be your max cpu power.

[QuintLeo]

I tried MinersGate.

 Once.

 Never could get it to work at all.


 I have issues with the NiceHash software but at least it DOES work.

[squatz1]

I used Minergate for a little while when I had my old laptop and I personally just didn't like the whole process and even though everything on the design was sleek I just didn't feel as if I would rather have a sleek design than more money in my pocket. Would rather recommend using nicehash due to the easy conversions and the really simple mining it allows.


Good luck!

[evakka]

Can we use at the same time both software to mine?
I suppose the answer is yes...

But what about the CPU power?
Both of them can share the same CPU?
Can we succeed merging mining?

Why would you want to run both software at the same time ? Better for efficiency to run one or another. Sharing your cpu will result on less efficiency than using it only with one app. The app will max out your CPU usage to 100%, so the power used will be your max cpu power.

Thanks!

[ccccccc7]

Nicehash is better, more reliable and payout in BTC.

Anybody mining Equi on Nicehash and getting an insane amount of New Jobs?

I am getting so many it's causing much more rejects than anywhere else

Also no static difficulty for Equihash?

[evakka]

In nicehash I do not understand how to be paid in altcoins and not Bitcoin directly

[Ambros]

In nicehash I do not understand how to be paid in altcoins and not Bitcoin directly

I haven't used nice hash in months, but since i remember you cannot

[adrimaug]

I tend to get a lwoer hashrate with Minergate so I'd say Nicehash

[MA3A]

Not to create another topic, even its been a while since last post.
Curious if anyone still uses Minergate?

[Guvn0r]

nicehash has easy to use miner and they auto switch algo to get best profit...minergate doesn't do that..

also nicehash pays in btc and minergate pays in alt which you have to exchange to btc and you ll lose a lil on tx fees and exchange fees etc..

so imo, nicehash is the best..

im running nicehash on my gaming rig and making close to 30$ per week with a single RX480 and 4770k .. I mine eth+pascal on gpu and cryptonight on cpu..

[business360]

I have msi godlike carbon motherboard with 3 nvidia gtx 1080. i used the pc mainly for gaming but then i decided to give a try mining (i was just curious about mining, not money oriented).
I tried both minergate and nicehash. Minergate has nice design and is perfect for beginners to understand how mining works, their api on site is just perfect(only sometime it has lags).
After mining with nicehash, i completely changed my mind about minergate.
Nicehas has like 10-15 algorithms for cpu & gpu and you can test all of them to see exactly how much money you can make daily,weekly.
I believe minergate is more shady than nicehash. With nicehash i was able to make 20$ in 24 hours continuous mining (cpu&gpu both) while with minergate i made only 11 and something (i mined xmr and bytecoin).
Also i like the fact that nicehash is open source and you can actually compile the program yourself

[gallery2000]

I love nicehash because of direct btc to my wallet and I get more btc so more profitable.

[evakka]

I love nicehash because of direct btc to my wallet and I get more btc so more profitable.

Did you compare your profit in nicehash with mining in another pool, for zcash directly for example?
It will be very interesting to post such results.

Also what miner do you have? For which cryptos?

[IT_AEX]

I have been using Nicehash for quite a bit and I like their customer support and regular updates.
Moreover I do not have the time to analyze and mine directly the most profitable alt coin, therefore I rely on Nicehash determining for me which algorithm to mine (or sell hash power in this case).

However, if you have plenty of time, I'd strongly advise mining directly those alt-coins by yourself.

[Viecoin]

Stick with Nicehash. Have been with them over 3 years and no complaints. Pretty profitable on both ends.

[jmigdlc99]

I dont think its been said enough but, stay away from minergate. They have higher fees and they are associated with the bytecoin scam. Check this out: https://www.reddit.com/r/Monero/comments/4bx1td/im_just_gonna_come_out_and_say_it_minergate_is/