Bitcoin Forum
January 22, 2019, 10:10:15 PM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Is Nicehash.com a shit or what?  (Read 133 times)
poizonbhai
Copper Member
Newbie
*
Offline Offline

Activity: 59
Merit: 0

Selling Bet365,Skrill,Neteller Accounts


View Profile WWW
January 07, 2018, 09:04:07 PM
 #1

I am a new bitcoin miner mined around $18 usd in 12-13 hours on slushpool... i then started mining on nicehash and thought lets send the fund on nicehash wallet.. after doing that nicehash took $0.001 fee and i have now $1.79 balance !! is this a joke or what? as a new miner i was sitting the whole 12-13 hours infront of my machine in freezing cold weather... nicehash just fucked my ass :/ stay away from this shit everyone...

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1548195015
Hero Member
*
Offline Offline

Posts: 1548195015

View Profile Personal Message (Offline)

Ignore
1548195015
Reply with quote  #2

1548195015
Report to moderator
1548195015
Hero Member
*
Offline Offline

Posts: 1548195015

View Profile Personal Message (Offline)

Ignore
1548195015
Reply with quote  #2

1548195015
Report to moderator
1548195015
Hero Member
*
Offline Offline

Posts: 1548195015

View Profile Personal Message (Offline)

Ignore
1548195015
Reply with quote  #2

1548195015
Report to moderator
Nalbo
Full Member
***
Offline Offline

Activity: 350
Merit: 100



View Profile
January 08, 2018, 01:03:49 AM
 #2

I am a new bitcoin miner mined around $18 usd in 12-13 hours on slushpool... i then started mining on nicehash and thought lets send the fund on nicehash wallet.. after doing that nicehash took $0.001 fee and i have now $1.79 balance !! is this a joke or what? as a new miner i was sitting the whole 12-13 hours infront of my machine in freezing cold weather... nicehash just fucked my ass :/ stay away from this shit everyone...

You should have watched the fees before making that deposit.
It surely has a funny fee structure, I think they're trying to discourage low deposits.


......A L F A ─ E N Z O......
\▼/ "Develop, standardize, protect, and promote" the AEF Ecosystem \▼/
...FACEBOOKTWITTERTELEGRAM...
maeusi
Sr. Member
****
Offline Offline

Activity: 476
Merit: 253


View Profile
January 08, 2018, 04:45:16 PM
 #3

Yes, nicehash has an awful fee structure. Bad are the deposit fees (you meant 0.001 BTC instead of 0.001 $, Iguess). The withdraw fee is worse. As I was in Nicehash, they wanted 0.005 BTC. So I couldn't payout and they took it as donation.
boyptc
Hero Member
*****
Offline Offline

Activity: 1064
Merit: 518


★777Coin.com★ Fun BTC Casino!


View Profile
January 08, 2018, 04:51:07 PM
 #4

They have changed their withdrawals and has increased the fee for it. If they were hacked or intruded by someone then they shouldn't be trusted anyway. Good luck if you are still trusting them and you are hoping to withdraw your new mined profit there.

devcracker
Jr. Member
*
Offline Offline

Activity: 53
Merit: 4


View Profile
January 08, 2018, 05:00:50 PM
 #5

I am a new bitcoin miner mined around $18 usd in 12-13 hours on slushpool... i then started mining on nicehash and thought lets send the fund on nicehash wallet.. after doing that nicehash took $0.001 fee and i have now $1.79 balance !! is this a joke or what? as a new miner i was sitting the whole 12-13 hours infront of my machine in freezing cold weather... nicehash just fucked my ass :/ stay away from this shit everyone...

Well, why shouldn't you researched about the fee structure before mining? You should first research then step into any platform. Nicehash has increased it's withdrawal fee and have revived their fee structure and is expensive for low traders. It's service is also not so good. You must go for another platform and leave nicehash immediately if you are not satisfied.
poizonbhai
Copper Member
Newbie
*
Offline Offline

Activity: 59
Merit: 0

Selling Bet365,Skrill,Neteller Accounts


View Profile WWW
January 12, 2018, 05:16:04 PM
 #6

Thanks everyone for your replies...I already left mining there and continuing on slushpool.. slushpool is good so far Smiley

poizonbhai
Copper Member
Newbie
*
Offline Offline

Activity: 59
Merit: 0

Selling Bet365,Skrill,Neteller Accounts


View Profile WWW
January 12, 2018, 05:17:10 PM
 #7

Its my mistake that I didnt check their fees before making a deposit.. whatever.. shit happens :p

Doctor.Strange
Sr. Member
****
Offline Offline

Activity: 532
Merit: 250



View Profile
January 12, 2018, 07:56:16 PM
 #8

Its not their mistake man, Bitcoin fee is high now a days due to network congestion, its not their fault. They have enabled Coinbase withdrawal now.

Premium Domains for Sale: LTCLOAN.COM, XMRLOAN.COM, DASHWALLET.US, DASHCOINLOAN.COM
error08
Hero Member
*****
Offline Offline

Activity: 672
Merit: 500


View Profile
January 12, 2018, 10:15:17 PM
 #9

Its not their mistake man, Bitcoin fee is high now a days due to network congestion, its not their fault. They have enabled Coinbase withdrawal now.

Indeed, current network require high fees to deposit and $18 in btc isn't a big amount.
However, I didn't know about this deposit and here about their fees;
- Non-refundable new order fee   0.0001 BTC
- Payouts for balances less than 0.1 to external wallet   5%
- Payouts for balances greater than or equal to 0.1 BTC to external wallet   3%
- Payouts for balances greater than or equal to 0.001 BTC to NiceHash wallet   2%
TryNinja
Hero Member
*****
Offline Offline

Activity: 896
Merit: 924


ChipMixer's Badge of Honor


View Profile
January 13, 2018, 04:29:23 AM
 #10

Indeed, current network require high fees to deposit and $18 in btc isn't a big amount.
However, I didn't know about this deposit and here about their fees;
- Non-refundable new order fee   0.0001 BTC
- Payouts for balances less than 0.1 to external wallet   5%
- Payouts for balances greater than or equal to 0.1 BTC to external wallet   3%
- Payouts for balances greater than or equal to 0.001 BTC to NiceHash wallet   2%

Those are the fees if you are selling hashing power. OP (if I understood correctly, - since his post is a bit confusing) requested a withdrawal, which fees are the following:

ToAmountFee
Any BTC wallet(From 0.011 (min) to 0.2 BTC)0.001 BTC
Any BTC wallet(More than 0.2 BTC)0.5% of withdrawn amount
Coinbase(More than 0.001 BTC)FREE - No fee.

Source: https://www.nicehash.com/help/fees

In his case, he earned something like ~0.001X BTC and lost 0.001 in fees. Ending with ~0.000X;

amxcs
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile
December 16, 2018, 03:30:39 PM
 #11

Are they seriously taking a deposit fee?

https://i.imgur.com/V7kdOBD.png
TryNinja
Hero Member
*****
Offline Offline

Activity: 896
Merit: 924


ChipMixer's Badge of Honor


View Profile
December 17, 2018, 05:53:30 PM
 #12

Are they seriously taking a deposit fee?


Well, we are talking about 0.0001BTC. This amount (close to being considered dust amount) just creates more unnecessary inputs in a transaction, making it bigger and more expensive (more fees). They are the ones paying the fees, so it's obvious that they don't want people depositing 0.0001BTC, and if they deposit, they use that for the fees.

Why would anyone deposit $0,30?

leowonderful
Legendary
*
Online Online

Activity: 1190
Merit: 1046



View Profile
December 17, 2018, 11:12:53 PM
 #13

You can't get much hashing power from just a few pennies on Nicehash considering the cost of renting hashrate from them, and as TryNinja said, many small transactions creates more inputs that results in higher fees when the coins are moved, so this makes sense for Nicehash to do. The fee for 0.001BTC to 0.05BTC seems just a bit high to me at 0.001BTC, but there's none at or above .05BTC, which is what I expect most people are depositing at one time or more. Can't blame a service for trying to lower their operating costs for unreasonable transactions.

.FORTUNE.JACK.
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████

███████████████████████████
███████████████████████████
▀█████████████████████████▀
milewilda
Legendary
*
Offline Offline

Activity: 1176
Merit: 1014



View Profile
December 18, 2018, 11:41:33 AM
 #14

You can't get much hashing power from just a few pennies on Nicehash considering the cost of renting hashrate from them, and as TryNinja said, many small transactions creates more inputs that results in higher fees when the coins are moved, so this makes sense for Nicehash to do. The fee for 0.001BTC to 0.05BTC seems just a bit high to me at 0.001BTC, but there's none at or above .05BTC, which is what I expect most people are depositing at one time or more. Can't blame a service for trying to lower their operating costs for unreasonable transactions.
When we try to look at between 0.001BTC - 0.05BTC then such fee is really high. Therefore, people would really just pushed to make bulk amount transactions rather than
doing on a dust amount so i cant blame them if they do set out such rule because even if im the owner i would definitely do such thing to get rid of those unreasonable tx.

.BitDice.               ▄▄███▄▄
           ▄▄██▀▀ ▄ ▀▀██▄▄
      ▄▄█ ▀▀  ▄▄█████▄▄  ▀▀ █▄▄
  ▄▄██▀▀     ▀▀ █████ ▀▀     ▀▀██▄▄
██▀▀ ▄▄██▀      ▀███▀      ▀██▄▄ ▀▀██
██  ████▄▄       ███       ▄▄████  ██
██  █▀▀████▄▄  ▄█████▄  ▄▄████▀▀█  ██
██  ▀     ▀▀▀███████████▀▀▀     ▀  ██
             ███████████
██  ▄     ▄▄▄███████████▄▄▄     ▄  ██
██  █▄▄████▀▀  ▀█████▀  ▀▀████▄▄█  ██
██  ████▀▀       ███       ▀▀████  ██
██▄▄ ▀▀██▄      ▄███▄      ▄██▀▀ ▄▄██
  ▀▀██▄▄     ▄▄ █████ ▄▄     ▄▄██▀▀
      ▀▀█ ▄▄  ▀▀█████▀▀  ▄▄ █▀▀
           ▀▀██▄▄ ▀ ▄▄██▀▀
               ▀▀███▀▀
        ▄▄███████▄▄
     ▄███████████████▄
    ████▀▀       ▀▀████
   ████▀           ▀████
   ████             ████
   ████ ▄▄▄▄▄▄▄▄▄▄▄ ████
▄█████████████████████████▄
██████████▀▀▀▀▀▀▀██████████
████                   ████
████                   ████
████                   ████
████                   ████
████                   ████
████▄                 ▄████
████████▄▄▄     ▄▄▄████████
  ▀▀▀█████████████████▀▀▀
        ▀▀▀█████▀▀▀
▄▄████████████████████████████████▄▄
██████████████████████████████████████
█████                            █████
█████                            █████
█████                            █████
█████                            █████
█████                     ▄▄▄▄▄▄▄▄▄▄
█████                   ▄█▀▀▀▀▀▀▀▀▀▀█▄
█████                   ██          ██
█████                   ██          ██
█████                   ██          ██
██████████████████▀▀███ ██          ██
 ████████████████▄  ▄██ ██          ██
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ██          ██
             ██████████ ██          ██
           ▄███████████ ██████▀▀██████
          █████████████  ▀████▄▄████▀
[/]
Pages: [1]
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!