what a screw you to AMD users from Nicehash

[spearhawk]

so first I downloaded the 2.0.1 and it works with AMD and it worked fine, in fact it was so good that I switched to it.
and today there was an update and I figure "hey, better to keep updated" and nowhere did it say that as of that update
the nicehash 2.0 would not support AMD anymore and I had to switch to "legacy" 1.8 to the old UI that never truly worked
for me much, and this is 2 weeks from next payment date, so I dunno if I lose all that I mined so far cause of their dropping
AMD GPU support.

thanx Nicehash for the nice screw you message

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[spearhawk]

so luck has had it that I save all my downloaded files and found the old 2.0.0.12 beta
and installed it and it still runs of AMD cards, so, yeah, lesson is, do not upgrade blindly,
make sure you know what your updating into.

[adaseb]

Just mine your coins directly and avoid Nicehash. You are losing alot of money to them due to fees.

[Branko]

I have no idea why would someone use nicehash

[minerja]

Why don't you just go back to 2.0.1 ?

[minerja]

Just read up on this...seems its all to do with claymore's miner flagging AV warnings (sounds bs, but that's the official line).
Basically they are saying use NHM2 for Nvida, and use Legacy for AMD cos it's faster for AMD anyway.
I have to say i agree, NHM2 works great on my Nvidia rig, and it's always claymore i have issues with, and Legacy works great and is faster on my AMD rig.
As for your coins, providing you are mining to same wallet address i can't see why you would have any issues.

I also agree with other posters, whilst nicehash is "easy" due to its massive is even worse for payouts. You would be much better using it as a benchmark tool, log your hash rates then gomine the exact coins you want. Bit more work, but you can easily earn twice as much.

J

[coinfoundry]

Just mine your coins directly and avoid Nicehash. You are losing alot of money to them due to fees.

Is Nicehash really that bad? Opinions on them appear to differ depending on who you ask.

[marthor]

Just mine your coins directly and avoid Nicehash. You are losing alot of money to them due to fees.

Is Nicehash really that bad? Opinions on them appear to differ depending on who you ask.

NiceHash is really good, especially for smaller operations. It's very hard to chase the most profitable coins by mining on pools if you don't have a bunch of rigs because by the time you're able to cash out, exchange rates will have changed and the difficulty will rise while you're mining. With NiceHash, you get paid per share, so you reap the results of price pumps instantly and with no risk. Their fees are very low for pay per share too, and they save you the cost and time of having to exchange your altcoins.

[NameTaken]

Just mine your coins directly and avoid Nicehash. You are losing alot of money to them due to fees.

Is Nicehash really that bad? Opinions on them appear to differ depending on who you ask.

NiceHash is really good, especially for smaller operations. It's very hard to chase the most profitable coins by mining on pools if you don't have a bunch of rigs because by the time you're able to cash out, exchange rates will have changed and the difficulty will rise while you're mining. With NiceHash, you get paid per share, so you reap the results of price pumps instantly and with no risk. Their fees are very low for pay per share too, and they save you the cost and time of having to exchange your altcoins.

Are you a Nicehash rep?

[marthor]

Just mine your coins directly and avoid Nicehash. You are losing alot of money to them due to fees.

Is Nicehash really that bad? Opinions on them appear to differ depending on who you ask.

NiceHash is really good, especially for smaller operations. It's very hard to chase the most profitable coins by mining on pools if you don't have a bunch of rigs because by the time you're able to cash out, exchange rates will have changed and the difficulty will rise while you're mining. With NiceHash, you get paid per share, so you reap the results of price pumps instantly and with no risk. Their fees are very low for pay per share too, and they save you the cost and time of having to exchange your altcoins.

Are you a Nicehash rep?

Nope, just a happy customer

[minerja]

Marthor,

Very suss about your comments.
I have used NH with a small rig, and it can take weeks to hit their new withdrawl threshold....i agree it is for newbies who don't want a complex life, but for example with MH i mine 30-50K sat a day, however In the last 2 hours i have mined, traded and moved to my wallet 165K (after all fees).
No comparison

[moonstruck]

Just mine your coins directly and avoid Nicehash. You are losing alot of money to them due to fees.

Is Nicehash really that bad? Opinions on them appear to differ depending on who you ask.

NiceHash is really good, especially for smaller operations. It's very hard to chase the most profitable coins by mining on pools if you don't have a bunch of rigs because by the time you're able to cash out, exchange rates will have changed and the difficulty will rise while you're mining. With NiceHash, you get paid per share, so you reap the results of price pumps instantly and with no risk. Their fees are very low for pay per share too, and they save you the cost and time of having to exchange your altcoins.

Are you a Nicehash rep?

For people who have a gaming rig with 1 or 2 gpu's that they want to put to work while they sleep or go to work/school, it'll be less of a hassle and about equally profitable to use nicehash. They don't have to deal with exchanges, no settings of pools, not chasing the best coin and switching algo's several times per day etc.

I don't use Nicehash and it has been a while since I used it since I'm a full time miner now, but there's definitely a market for NHM.

[philipma1957]

I sell hash to nicehash.  They are fine if you understand how they operate

[spearhawk]

Just mine your coins directly and avoid Nicehash. You are losing alot of money to them due to fees.

Is Nicehash really that bad? Opinions on them appear to differ depending on who you ask.

NiceHash is really good, especially for smaller operations. It's very hard to chase the most profitable coins by mining on pools if you don't have a bunch of rigs because by the time you're able to cash out, exchange rates will have changed and the difficulty will rise while you're mining. With NiceHash, you get paid per share, so you reap the results of price pumps instantly and with no risk. Their fees are very low for pay per share too, and they save you the cost and time of having to exchange your altcoins.

Are you a Nicehash rep?

For people who have a gaming rig with 1 or 2 gpu's that they want to put to work while they sleep or go to work/school, it'll be less of a hassle and about equally profitable to use nicehash. They don't have to deal with exchanges, no settings of pools, not chasing the best coin and switching algo's several times per day etc.

I don't use Nicehash and it has been a while since I used it since I'm a full time miner now, but there's definitely a market for NHM.

That is me, using my gaming computer to earn some extra coin, and I tried using the farming for ETH and Decred and then having to go through different exchange rates etc and
in the end I found that Nicehash actually is more money for me and less hassle to exchange etc.

[spearhawk]

Why don't you just go back to 2.0.1 ?

That is what I ended up doing, uninstalling and installing from the old exe file, and not updating

[marthor]

Just mine your coins directly and avoid Nicehash. You are losing alot of money to them due to fees.

Is Nicehash really that bad? Opinions on them appear to differ depending on who you ask.

NiceHash is really good, especially for smaller operations. It's very hard to chase the most profitable coins by mining on pools if you don't have a bunch of rigs because by the time you're able to cash out, exchange rates will have changed and the difficulty will rise while you're mining. With NiceHash, you get paid per share, so you reap the results of price pumps instantly and with no risk. Their fees are very low for pay per share too, and they save you the cost and time of having to exchange your altcoins.

Are you a Nicehash rep?

For people who have a gaming rig with 1 or 2 gpu's that they want to put to work while they sleep or go to work/school, it'll be less of a hassle and about equally profitable to use nicehash. They don't have to deal with exchanges, no settings of pools, not chasing the best coin and switching algo's several times per day etc.

I don't use Nicehash and it has been a while since I used it since I'm a full time miner now, but there's definitely a market for NHM.

That is me, using my gaming computer to earn some extra coin, and I tried using the farming for ETH and Decred and then having to go through different exchange rates etc and
in the end I found that Nicehash actually is more money for me and less hassle to exchange etc.

NiceHash often pays more. It allows you to instantly switch between different coins even for the same algorithm. For Dagger, Ethereum, Ethereum Classic, Ubiq, Musiccoin, and Expanse are at various times the most profitable. For Equihash, it's Zcash, Zclassic, Hush, and Zen. And then there are other algorithms like Neoscrypt, Lyra, and Cryptonight, all of which have multiple coins. If you're trying to chase these coins by mining on a pool, it's a hassle and will likely fail anyway.

[joblo]

Mining at Nicehash has some advantages over direct mining. You know excactly how much you will get paid
with no risk of orphans, luck or exchange volatility.

Which is more profitable depends entirely on market conditions which change constantly.

[preda]

Mining at Nicehash has some advantages over direct mining. You know excactly how much you will get paid
with no risk of orphans, luck or exchange volatility.

Which is more profitable depends entirely on market conditions which change constantly.

i always mined without nicehash using claymore...

but from the version 2.0.1.0 well i totally passed to nicehash.

it use my 1060 3gb so far so well mining dual fantastically.

i do 8.70 eur day with new nicehash 2 miner nvidia (it use own miner inside excavator)
with claymore i do about 7.90/7.70 day dual mining this with my 6x 1060 3gb its a lot more and 1% fee more is justified i think

[preda]

Just mine your coins directly and avoid Nicehash. You are losing alot of money to them due to fees.

Is Nicehash really that bad? Opinions on them appear to differ depending on who you ask.

NiceHash is really good, especially for smaller operations. It's very hard to chase the most profitable coins by mining on pools if you don't have a bunch of rigs because by the time you're able to cash out, exchange rates will have changed and the difficulty will rise while you're mining. With NiceHash, you get paid per share, so you reap the results of price pumps instantly and with no risk. Their fees are very low for pay per share too, and they save you the cost and time of having to exchange your altcoins.

Are you a Nicehash rep?

For people who have a gaming rig with 1 or 2 gpu's that they want to put to work while they sleep or go to work/school, it'll be less of a hassle and about equally profitable to use nicehash. They don't have to deal with exchanges, no settings of pools, not chasing the best coin and switching algo's several times per day etc.

I don't use Nicehash and it has been a while since I used it since I'm a full time miner now, but there's definitely a market for NHM.

That is me, using my gaming computer to earn some extra coin, and I tried using the farming for ETH and Decred and then having to go through different exchange rates etc and
in the end I found that Nicehash actually is more money for me and less hassle to exchange etc.

NiceHash often pays more. It allows you to instantly switch between different coins even for the same algorithm. For Dagger, Ethereum, Ethereum Classic, Ubiq, Musiccoin, and Expanse are at various times the most profitable. For Equihash, it's Zcash, Zclassic, Hush, and Zen. And then there are other algorithms like Neoscrypt, Lyra, and Cryptonight, all of which have multiple coins. If you're trying to chase these coins by mining on a pool, it's a hassle and will likely fail anyway.

i was going crazy never know what to mine so i decided to use 2 rigs for eth only and 2 rigs for nicehash (bitcoin) only so i will earn half and half btc/eth
i would like mine all coins and if i would have done with monero now i had lotsa money but ou cant see the future so i think ihmo that eth and btc will remain very strong!

[D3legacy]

Why even mine on nicehash? There are a lot Multialgo Profitswitching pools out on which you can make a much better peofit...