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Author Topic: Am I missing a lot? Nicehash vs me  (Read 255 times)
akirafes (OP)
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March 17, 2018, 08:10:40 PM
 #1

More then 1 year I am mining with 2 rigs one is 4x1080ti + 2x 1070  the other rig is 3x 1080 + 3x 1070 and 2x xpu x1700 and i7 3770. My nicehash income is like 19usd now.  I have problem with other miners like stoping my rigs. I think I am not enough good to go with miners and pools. What do you suggest to me? I worry about who mine at pools special coin do they make greater income then mine?
Or is it no much difference with nicehash? Should I stop and chose an other path to mine or is it ok to countiune with nicehsah pls help me share your thoughts.
Thanks for your help.
whoismoses
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March 17, 2018, 08:15:13 PM
 #2

I think it depends.

I don't use any of those auto switching / auto exchanging programs. I stick to claymore for ETH and xmr-stak for cryptonight. I mine directly to a pool I choose. They pay directly to my wallet. It isn't hard to setup. Most pools you can configure in about 30 seconds once you have done it once.

There are less people between me and my coin and I like it that way.

Nice hash isn't switching for you for free, so they do take a cut. However, I am sure that there are days were auto switching will net you more. I have no idea if it is better in the long run.
pickleburglar
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March 17, 2018, 09:32:44 PM
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a lot? Depends on how you look at it, its a service of convenience, if its worth it to you then that's it.

If you go through the trouble of finding the coins to mine yourself, find the pools for it, arrange currency exchange etc. then you can increase your profits around ~15% on the average. It is a time consuming job though and you have to figure out whether its worth it at the size of your farm.
Tidsdilatation
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March 17, 2018, 11:35:03 PM
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What you need to think of is that Nicehash also got to make money. If you think about it, the only logical thing would be that mining a coin directly is more profitable. But if you calculate all the transaction fees, and trading fees and withdraw fees you are probably earning more at nicehash.  Grin
edwardceng
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March 18, 2018, 02:07:34 PM
 #5

More then 1 year I am mining with 2 rigs one is 4x1080ti + 2x 1070  the other rig is 3x 1080 + 3x 1070 and 2x xpu x1700 and i7 3770. My nicehash income is like 19usd now.  I have problem with other miners like stoping my rigs. I think I am not enough good to go with miners and pools. What do you suggest to me? I worry about who mine at pools special coin do they make greater income then mine?
Or is it no much difference with nicehash? Should I stop and chose an other path to mine or is it ok to countiune with nicehsah pls help me share your thoughts.
Thanks for your help.

what a problem its, you must describe problem its, I sure some member will help you. to my knowledge 1080'ti and 1070 work fine in NeoScrypt coins also ETH coin. you can try mining besides NH and try to manually switch coin

butka
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March 18, 2018, 07:30:17 PM
 #6

My nicehash income is like 19usd now.  
I suggest measuring your profit in BTC, not USD. Otherwise you would always be chasing the current BTC market price which goes up and down all the time.

I have problem with other miners like stoping my rigs. I think I am not enough good to go with miners and pools. What do you suggest to me? I worry about who mine at pools special coin do they make greater income then mine?

Nicehash is a pretty solid solution. It can be a real pain to set up the other multi-miners to work at an optimal level. NiceHash doesn't have all the algorithms, so it could be that you are not mining the most profitable coins at the moment. However, the definition of what is profitable changes so fast these days, it is hard to catch up.

In addition, Nicehash essentially resells hashpower. It seems that some people are willing to overpay for haspower, so there's enough room for you and for NiceHash to make money.

Or is it no much difference with nicehash? Should I stop and chose an other path to mine or is it ok to countiune with nicehsah pls help me share your thoughts.
Thanks for your help.


Some miners try to be objective and compare various setups. In order to do that, you should have two identical rigs, run in parallel under the same conditions for quite some time. One should run on NiceHash and the other on some mining pool (for example, Zpool, AhashPoll, or Multipoolhub) to be able to tell which one is more profitable. I have yet to see a reliable test.

In conclusion, NH is super easy to use and no, you shouldn't be worried that you are missing on something huge.
jillscarbrough
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March 19, 2018, 06:22:39 AM
 #7

It seems you were playing in the safe zone. One year and you stick in Nicehash. All miners priority always the same, that is profit. But a lot of them do research, and you'll never know until you do it yourself. Asking in a forum would give you many inputs, may you get different input from each member. In the end, you need to decide.
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