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Author Topic: NiceHash giving high reward for mining  (Read 1596 times)
nawaraj (OP)
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October 16, 2016, 06:45:57 AM
 #1

In last few day, I am searching for best mining software and pool on Google and Youtube.
For doing that I have tested many mining software and pool on my PC. Many of them giving $0.02/day on average but when I NiceHasH, It surprise me with $0.57/day ,which is high reward as compare to previous mining pool and software.
Now I have a question.

How NiceHash able to giving that much high bitcoin reward ?

Link : www.nicehash.com
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warner dsouza
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October 16, 2016, 09:38:14 AM
 #2

good one..may i know how to develop the program
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October 16, 2016, 09:57:47 AM
 #3

What kind of GPU do you have

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Betwrong
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October 16, 2016, 01:36:41 PM
 #4

In last few day, I am searching for best mining software and pool on Google and Youtube.
For doing that I have tested many mining software and pool on my PC. Many of them giving $0.02/day on average but when I NiceHasH, It surprise me with $0.57/day ,which is high reward as compare to previous mining pool and software.
Now I have a question.

How NiceHash able to giving that much high bitcoin reward ?

Link : www.nicehash.com

Maybe I'm missing something here but I dont understand how is it possible to call $0.57/day a high reward. How much does your miner cost then? I hope you do realize that you'll need around 6 months to get $100 from that price back.

But if you are not selling but buying the hashing power, then it's pure cloud mining which I wouldn't recommend for the reasons discussed here on this forum many times.

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gt_addict
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October 16, 2016, 02:12:01 PM
 #5

Are you using nicehashes own multi mining program that uses your computer/laptop? It just mines any coin it can then pays out in btc. Only problem is that you are sacrificing the lifespan of your hardware for very little return. You'll probably end up breaking your computer before earning enough to covers its cost.

**SUPPORT SIDEHACK** Miner Development Donations to:  1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr

Donations/Tips to:-   1GTADDicTXD1uachKKgW24DZDxDGhSMdRa

Join Bitconnect: https://bitconnect.co/?ref=gtaddict
buxlover
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October 16, 2016, 02:39:00 PM
 #6

You might have some miscalculation on the algorithm of the coins. You could have selected other algorithm with hash power of sha256. May be you haven't read that someone is selling their hashes for that rate to you, so that the amount you end up to pay for using their hashes.

For further details refer these thread

https://bitcointalk.org/index.php?topic=562238.0

https://bitcointalk.org/index.php?topic=1274983.0

jeraldskie11
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October 25, 2016, 06:06:17 AM
 #7

Can I earn that with no investment?
I hope for your response

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Caladonian
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October 25, 2016, 06:11:05 AM
 #8

Can I earn that with no investment?
I hope for your response
you can earn little but not that much mate i'm also confused where OP got his numbers, earning .57$ /day would be big for mining btc.
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October 25, 2016, 09:45:52 AM
 #9

Can I earn that with no investment?
I hope for your response
you can earn little but not that much mate i'm also confused where OP got his numbers, earning .57$ /day would be big for mining btc.

But why are you calling it big when it is really small? $0.57/day means slightly over $17 per month, how can we call it a big profit? And it is even not a net profit, it is so before excluding the price of  electricity consumption.

Or do you guys think OP is talking about $57 per day? I think it's clear that he is not.

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October 25, 2016, 01:15:03 PM
 #10

In last few day, I am searching for best mining software and pool on Google and Youtube.
For doing that I have tested many mining software and pool on my PC. Many of them giving $0.02/day on average but when I NiceHasH, It surprise me with $0.57/day ,which is high reward as compare to previous mining pool and software.
Now I have a question.

How NiceHash able to giving that much high bitcoin reward ?

Link : www.nicehash.com
This quite interesting for those who really want start mining software and creating pool. We'll im going to read this first before i will going to make a decision regarding on this . This is really accurate that you can really make $0.57 daily ? Hmm i think it's really hard for us to get our roi back i think it will takes 60 days or more.

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October 25, 2016, 07:52:24 PM
 #11

This thread is mindless noise only.

/locked

Developer/maintainer for cgminer, ckpool/ckproxy, and the -ck kernel
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