Nicehash BTC payouts declining past couple days?

[geekcryptogal]

My Nicehash payouts past four days on rig with 5 x 1070 TI GPUs :

1/25 0.00173621 BTC
1/26 0.00171633 BTC
1/27 0.00153533 BTC
1/28 0.00145217 BTC

Does this make sense? Bitcoin payout has declined quite a bit the past couple days.

[Olanaii]

I'm having the same decline...

[geekcryptogal]

Wait, I recall yesterday that I saw it running something that only earned like $9 per day.. lyra2?  I came back a couple hours later and it was STILL running it.

Is there a way to turn off certain algorithms in Nicehash?

[Olanaii]

Yes, go into the benchmark or mining details and uncheck what you don't want to use.

[MagicSmoker]

Wait, I recall yesterday that I saw it running something that only earned like $9 per day.. lyra2?  I came back a couple hours later and it was STILL running it.

Is there a way to turn off certain algorithms in Nicehash?

The other answer was incomplete - you need to stop mining first, then click on the gray "hardware details" button below your device list then click on the down arrow to the right of each device to select which algos are active for it.

[yhhy]

Alt coins going down, btc up

[coins4commies]

even assuming difficulty remained constant, this will happen if btc increaes at a higher rate than altcoins increase.   

[geekcryptogal]

Thank you, that makes sense.

[adaseb]

Yikes!

You guys are going to be really upset to learn about something in the mining world that we call ..... Difficulty


Read up on it. And no it's not whats written in the dictionary.

[JaredKaragen]

Yikes!

You guys are going to be really upset to learn about something in the mining world that we call ..... Difficulty


Read up on it. And no it's not whats written in the dictionary.

Yeah, +1 to this.

More GPU's coming online (assuming at 1/4 of all just-hit-the-shelf 1080ti make it into a miner) the overall network hashrates will skyrocket, and the profitability will be divided up to the same ratio....    Just like the day the new A3's hit people's homes.  $400 the first day, $300 the second, etc.....

Hashrate saturation rears some teeth for sure.

[geekcryptogal]

Yikes!

You guys are going to be really upset to learn about something in the mining world that we call ..... Difficulty


Read up on it. And no it's not whats written in the dictionary.

Yeah, +1 to this.

More GPU's coming online (assuming at 1/4 of all just-hit-the-shelf 1080ti make it into a miner) the overall network hashrates will skyrocket, and the profitability will be divided up to the same ratio....    Just like the day the new A3's hit people's homes.  $400 the first day, $300 the second, etc.....

Hashrate saturation rears some teeth for sure.

I guess this is where the market needs to take off then.  People need to throw a trillion more into the market cap

Fortunately I got my video cards at a normal price of $519-539. (1070 TI -- five of them).  I just hope I can ROI within a year.

[Uchiiha-madara]

I am also having the same profitability decrease with my 6x  1080ti rig  , I was under the impression that the
new miner 2.0.1.9 was the problem and just waiting few days to make sure if it is the miner or something else
now that you have mentioned difficulty I think it could be a good reason
right now I am working on making 2 new rigs but I am not sure if I should go along with that or just wait
because with the drop of the bitcoin price and drop of cards profitability I am not sure if it is worth it to make new rigs
anyone have any suggestions  ?? go on with the plan of new rigs or just wait for now

[RentGPU]

Mining zcash with flypool , the profitability never declined for more than 2 weeks , ppl leave this shit nicehash is fu*kin bankrupting you

[geekcryptogal]

Mining zcash with flypool , the profitability never declined for more than 2 weeks , ppl leave this shit nicehash is fu*kin bankrupting you

According to Whattomine.com, the profitability of my 5 card (1070 TI) rig, mining zcash, currently is $16.36.  I received $16.93 from Nicehash today after fees.  So I don't see how I am being bankrupted with Nicehash compared to mining Zcash, perhaps maybe you can enlighten me?  Is whattomine.com not accurate?

[close0ne]

Guuuys pleas check RigRental... you will set your own price... No global price rating... Just market place where you list your rig for xxxBTC and someone rent it ... Directly....I have vegas rig there.. in avrg... (CRYPTONIGHT) nicehash giving me 0.0003btc per kh/d... My minimum rent price on RigRental is 0.00047btc per kh/d...

I am rented every day... and windows where I am not rented i mine on nicehash thanks to they stratum ond 3.partyu soft...

Next + is you can use more coins.... Like ETH,LiteCOin,Dash...
AND NO FEEES for deosit or withdraw.... YOu now you can say... NiceHash is just little biitch and scam for people who want just 1 button miner

Check it pleas... best will be if you will use my reff link https://www.miningrigrentals.com?ref=53158

My Payouts.(just paying transaction fee) : https://imgur.com/QDzXCZh

And my rig: https://www.miningrigrentals.com/rigs/58001?ref=53158

[Max3k]

You guys are going to be really upset to learn about something in the mining world that we call ..... Difficulty

NiceHash and difficulty at all not in any way associated with each other, since the first is not a pool, why pay them more if they are ready to work for any money?  

[RentGPU]

Mining zcash with flypool , the profitability never declined for more than 2 weeks , ppl leave this shit nicehash is fu*kin bankrupting you

According to Whattomine.com, the profitability of my 5 card (1070 TI) rig, mining zcash, currently is $16.36.  I received $16.93 from Nicehash today after fees.  So I don't see how I am being bankrupted with Nicehash compared to mining Zcash, perhaps maybe you can enlighten me?  Is whattomine.com not accurate?

Sorry sir but you are wrong whattomine isn't totaly accurate it depends on the current difficulty which changes instantly , i calibrate whattomine for 10 gpus , 6rx 470 and 4 gtx 1060 , and from what i can see my profitability changes every 5 to 10 minutes down to $16.89 and up to $24 and what i really get from flypool is a fixed 0.073 zec everyday for the last two weeks , and yes nicehash already bankrupted you before $60 million don't ever forget that.

[gotminer]

If you're not cashing out daily, tracking what you made in fiat daily isn't accurate. 

In the end, you set the price, because you make the decision when to sell.

[HodlerBaggins]

Alt coins going down, btc up

No they aren't... and BTC is not going up either.

Difficulty is going up though.

[HodlerBaggins]

You guys are going to be really upset to learn about something in the mining world that we call ..... Difficulty

NiceHash and difficulty at all not in any way associated with each other, since the first is not a pool, why pay them more if they are ready to work for any money?  

 

Yes they are.  If difficulty goes up, renting NiceHash is less valuable to the buyer so the price to rent hash power goes down.

Simple economics.