NiceHash EQM Zcash NVIDIA optimized miner [Maxwell/Pascal] + CPU mining v1.0.4c

[m1n1ngP4d4w4n]

ewbf just released v0.007 its nice to see we still have a healthy competition

Over to you NH.. I expect at least 7%-10% faster than ewbf, To justify your 3% fee.

Most pool take at least 1% fee, so added to ewbf 2%, nicehash is more or less equal in that regards some also could argue that if your aim is to mine an altcoin to transform it in BTC, they give you btc directly, so you also save on the transform fee. Anyway

Cheers and happy mining all !

[wacko]

Most pool take at least 1% fee, so added to ewbf 2%, nicehash is more or less equal in that regards some also could argue that if your aim is to mine an altcoin to transform it in BTC, they give you btc directly, so you also save on the transform fee. Anyway

I don't think you save anything with Nicehash, their exchange rate is lower than the current rates at poloniex/bittrex. At least that's what other users reported in EWBF thread and that's what WhatToMine says. In my opinion EQM miner should be at least 10-15% faster than EWBF to justify using it. Right now it's ~ 5-7% faster for me, so I switched to EWBF. Let's see whether Nicehash releases an update.

[m1n1ngP4d4w4n]

Most pool take at least 1% fee, so added to ewbf 2%, nicehash is more or less equal in that regards some also could argue that if your aim is to mine an altcoin to transform it in BTC, they give you btc directly, so you also save on the transform fee. Anyway

I don't think you save anything with Nicehash, their exchange rate is lower than the current rates at poloniex/bittrex. At least that's what other users reported in EWBF thread and that's what WhatToMine says. In my opinion EQM miner should be at least 10-15% faster than EWBF to justify using it. Right now it's ~ 5-7% faster for me, so I switched to EWBF. Let's see whether Nicehash releases an update.

Yes of course, agreed totally, the exchange rate need to be higher to make it worth it for sure if there is a miner out there that is very close in performance. Still @t the moment, WTM give me the same amount of money for either nicehash or normal mining, it's a pickle what to choose in that situation also lots of people are saying latest ewbf show instability, could cost money too in the long run, i'll have to test and see how it goes !

WhatToMine

[bensam1231]

Yeah, Nicehash is a marketplace which is why the payout fluctuates. People buy and sell your hash that you send there. That's what leads to Nicehash almost always paying less then mining coins direct as people try to artificially collapse the price with marketplace manipulation.

It's not a auto-exchange that mines coins. I really don't know why they don't just do that and then make people pay a premium to rent over the coins they mine there (if they aren't auto-mined). It'd make for a much healthier environment for miners and coins in general.

[wacko]

Well, we believe that buyers should be able to get hashing power for an affordable price and this is something our marketplace offers. This could however virtually look like less earnings for miners, but if you take dev fees, pool fees, wallet fees, exchange site fees, ... in calculation, it is always better to mine with NiceHash.

No it's not. Sounds like advertising bullshit, such claims require proof, at least an example of those "calculations". From what I see regarding Zcash mining, it's less profitable to mine with NiceHash (not to mention payouts are only in BTC and once a week). It is convenient for those that only want BTC, that's for sure, but it's only more profitable when your miner is noticeably faster than the competition. And at the moment it's not.

[bensam1231]

Well, we believe that buyers should be able to get hashing power for an affordable price and this is something our marketplace offers. This could however virtually look like less earnings for miners, but if you take dev fees, pool fees, wallet fees, exchange site fees, ... in calculation, it is always better to mine with NiceHash.

Of course you can always risk your extra time and deal with pool/algorithm/altcoin switching/exchanging and paying fees along the way and I'm sure there are better options than manually switching, but many people rather enjoy basically hassle-free-autopilot mining with NiceHash.

The only people profiting from your exchanges are auto-bots. Hell they even resell your hash on Miningrigrentals and pocket the difference.

Equihash has stuck pretty close to the coins they hash... other algos are not nearly as lucky. Take Neoscrypt for instance that earns close to 30% less then Feathercoin. Lbry algo is earning about 50% less then Librarycoin. There is a reason miners prefer mining coins direct and it's not just to get the coins.

Most good pools are about 2%, dev fee is usually around 2%. Depending on when you sell your coins you can easily make up for that difference.

You could do a auto-exchange multi-pool, something like YAAMP or YIIMP, charge a 3-4% fee for mining that way (depending on the coin) and then allow people to purchase hashing power for MORE then it costs to mine the coins direct. That way if there isn't a coin that people know about, is unpopular, or just someone wants specifically coins, they can still get what they want and miners aren't constantly being pushed down by auto-bots that control your marketplace.

It's more complicated, but not only does it raise the value of coins (forcing people to exchange for more then they're worth), it also allows miners to stay in business and use your service.

The only people who don't win are those that are currently running the auto-bots on your marketplace right now. Nicehash would still get paid, miners get paid, and you're supporting the coins you mine by forcing a net positive injection of BTC into whatever is being mined. This is essentially what Miningrigrentals currently does (miners almost always have their prices set higher then common coins people mine). MRR is just much more organic. Hell you could even roll MRR services into your platform and raise the prices based on it (what the 'new' fixed rentals would amount to OR allow people to show their rigs and rent them direct).

Nicehash doesn't need to push prices down to earn money.

[thefix]

... It is convenient for those that only want BTC, that's for sure, but it's only more profitable when your miner is noticeably faster than the competition. And at the moment it's not.

I agree it is more convenient for those that only want BTC. We are working hard to make our miners faster, better and easier to use - and by comments from this thread, we are doing great job so far!

Don't get me wrong, I understand some miners find the experience of trading and uncertainty highly enjoyable. But most people don't. They want regular earnings with less hassle. And this is where NiceHash comes into play.

I appreciate the work from Nicehash and sometimes its a good choice over other options.

I hope to see more up to date linux options in the future

Thanks again for your work!

[bensam1231]

... It is convenient for those that only want BTC, that's for sure, but it's only more profitable when your miner is noticeably faster than the competition. And at the moment it's not.

I agree it is more convenient for those that only want BTC. We are working hard to make our miners faster, better and easier to use - and by comments from this thread, we are doing great job so far!

Don't get me wrong, I understand some miners find the experience of trading and uncertainty highly enjoyable. But most people don't. They want regular earnings with less hassle. And this is where NiceHash comes into play.

You know you can still give that same 'quality' service to miners with a auto-exchange multipool... and maintain a rentable service.

[PovertyByte]

... It is convenient for those that only want BTC, that's for sure, but it's only more profitable when your miner is noticeably faster than the competition. And at the moment it's not.

I agree it is more convenient for those that only want BTC. We are working hard to make our miners faster, better and easier to use - and by comments from this thread, we are doing great job so far!

Don't get me wrong, I understand some miners find the experience of trading and uncertainty highly enjoyable. But most people don't. They want regular earnings with less hassle. And this is where NiceHash comes into play.

At the moment, I just want to get as much BTC as I can before the moonshot and being able to sell every bit I mine off for BTC on the instant is maximizing my profit while the value keeps rising rather than holding it and selling later after the exchange rate likely got less profitable. I could ride out better selling points based on Z value fluctuations but BTC at least is on the steady rise so the momentum leans towards selling sooner.

[SatoNatomato]

... It is convenient for those that only want BTC, that's for sure, but it's only more profitable when your miner is noticeably faster than the competition. And at the moment it's not.

I agree it is more convenient for those that only want BTC. We are working hard to make our miners faster, better and easier to use - and by comments from this thread, we are doing great job so far!

Don't get me wrong, I understand some miners find the experience of trading and uncertainty highly enjoyable. But most people don't. They want regular earnings with less hassle. And this is where NiceHash comes into play.

Yeah, its hassle free and I like bitcoins in exchange for mining equihash on gtx 1070.

But come on, where is the Linux version of 1.0.4a, I still only get 300sols while windows people get more. Thats unbearable to think about.

[abctoz]

Don't get me wrong, I understand some miners find the experience of trading and uncertainty highly enjoyable. But most people don't. They want regular earnings with less hassle. And this is where NiceHash comes into play.

I would contend that most people enjoy higher earnings, you can test this easily by unlocking your miner to other pools, let the stats speak for themselves.

[SatoNatomato]

where is the Linux version of 1.0.4a

We have some critical issues with compatibility.
It is uncertain, but I hope we manage to fix this by the end of the year.

Thank you, and in any case, have a good new year!

[xPwnK]

Don't get me wrong, I understand some miners find the experience of trading and uncertainty highly enjoyable. But most people don't. They want regular earnings with less hassle. And this is where NiceHash comes into play.

I would contend that most people enjoy higher earnings, you can test this easily by unlocking your miner to other pools, let the stats speak for themselves.

+1 it would be good if this miner was free to use on nicehash or 2% dev fee on other pools

[Spiffy_1]

I also would be fine with a dev fee if I could use it on another mining pool. 

[ZenFr]

where is the Linux version of 1.0.4a

We have some critical issues with compatibility.
It is uncertain, but I hope we manage to fix this by the end of the year.

OK, thanks, I will use EWBF's miner now :-(.

[r590]

Hi! And about GTX TITAN X Maxwell hashrate? Anyone tried it?

Thanks

With 1.0.3 I was getting 350 Sols/sec with Titan X Maxwell @ 1453core /1944 mem.
With 1.0.4 I am getting 413 Sols/sec with the same Titan X Maxwell.

The website reports higher hash than the command line. With 2 TitanX I am getting 926 Sols reported in the website with 1.0.4! Great work CUDA developers! BTW, I have programmed CUDA before - is there any chance this will be open sourced at some point?

[Sir_James]

ewbf just released v0.007 its nice to see we still have a healthy competition

Over to you NH.. I expect at least 7%-10% faster than ewbf, To justify your 3% fee.

Most pool take at least 1% fee, so added to ewbf 2%, nicehash is more or less equal in that regards some also could argue that if your aim is to mine an altcoin to transform it in BTC, they give you btc directly, so you also save on the transform fee. Anyway

Cheers and happy mining all !

On nicehash we also have 1/33.333 of fee on payments in BTC... They take more than we think.

They take something from 5 to 10%  from all we mine, and pay us in BTC to hide it from us, take a look on "https://whattomine.com/coins" every coin mined direct is giving to us more profit than nicehash as I said before, and they dare to get more 3% of fees on the payment! It is not fair. Just do the maths and you will see it "https://www.nicehash.com/index.jsp?p=miners&payments"

[bensam1231]

They're a marketplace as was mentioned numerous times in this thread. People buy and sell hashrate there. It wont ever be exactly what other coins are worth.

https://www.nicehash.com/index.jsp?p=orders&a=24

There really should be a test of some kind people have to pass before they can start mining...

[m1n1ngP4d4w4n]

ewbf just released v0.007 its nice to see we still have a healthy competition

Over to you NH.. I expect at least 7%-10% faster than ewbf, To justify your 3% fee.

Most pool take at least 1% fee, so added to ewbf 2%, nicehash is more or less equal in that regards some also could argue that if your aim is to mine an altcoin to transform it in BTC, they give you btc directly, so you also save on the transform fee. Anyway

Cheers and happy mining all !

On nicehash we also have 1/33.333 of fee on payments in BTC... They take more than we think.

They take something from 5 to 10%  from all we mine, and pay us in BTC to hide it from us, take a look on "https://whattomine.com/coins" every coin mined direct is giving to us more profit than nicehash as I said before, and they dare to get more 3% of fees on the payment! It is not fair. Just do the maths and you will see it "https://www.nicehash.com/index.jsp?p=miners&payments"

I agree, for amateur miners that don't have much time on their hands and/or are still learning like me, they're the "easy" go-to, for semi-pro/pro miners, there is much better solutions out there for sure.

[ninobtcx]

guys is this site profitable?
is there any profit for buying hash from sellers in nice hash?