Why nicehash reward dropped so much?

[fmz89]

dropped mining reward 15% is not much ser, if you mining quite long enough this is normally happen, even single week can drop 70% on some coin because the project get awarness
in big miner, or some influencer start talking and difficulty jump to much cause crowded miner began hitting the network blindly

[FP91G]

dropped mining reward 15% is not much ser, if you mining quite long enough this is normally happen, even single week can drop 70% on some coin because the project get awarness
in big miner, or some influencer start talking and difficulty jump to much cause crowded miner began hitting the network blindly

a 15% reduction in the mining reward is still tolerable, but when the profit drops by 70% due to new miners, then it’s time to look for a new coin. But Nice Hash will not allow your profit to drop much and will switch your equipment to more profitable coins.

[fmz89]

  eh still remember my coin stuck on nicehash back in time while they got hacked at peak of cycle, and paid back when bear market for 12 months
that was i never back mining to nicehash again. lot of drama, and normal mining pool is more profitable, but sometimes nicehash has better offer

[1971ECPT]

When that happened? And how it was solved? Or, it was solved?

[FP91G]

When that happened? And how it was solved? Or, it was solved?

Such problems can be solved by changing the mining pool, and now it is more profitable to mine coins for accumulation and not receive profit in bitcoins or stablecoins. Because you won't be able to pay for your graphics cards if you don't take risks. At least you can only risk your profit and pay for electricity by selling mined coins.