Nicehash Problem

[Energy3750]

Hello fellow forum members. I'm new here and would like to briefly introduce myself. My name is Micha and I'm from Stuttgart, Germany. I previously had a rig with five GeForce RTX 2060 cards. Now I've acquired a used Bitmain S9 to experiment with mining. The miner is currently running at 700 watts, throttled. It's running Brain OS, and I'm using NiceHash as my mining pool. Now for my problem: every 60 days, NiceHash deducts my bitcoins because I haven't mined enough. Do you have any ideas on how I can avoid this? I would be very grateful for your help.

[DaveF]

Did you read this:   https://www.nicehash.com/support/general-help/60-day-rule/about-60-day-rule

But even @ 700 watts you should be generating over the minimum to get a withdraw to your wallet in 60 days.
That or as they say in the link I posted, use the lightning network to take out smaller amounts.

Did you reach out to their support. It's been years and years since I used them but they were responsive back in the day.

-Dave

[philipma1957]

they are terrible do not mine with them .  once they moved to Switzerland they put in tons of rules.

between them and coin base they fucked up my entire mining setup with my gpu rig testing.


mine at viabtc.io


this is my referral link

https://www.viabtc.com/signup?refer=257609


but

you can just do

https://www.viabtc.com/signup?


you can set to 0.001 for auto withdrawal

that takes about 232 days for a payout at 10th hash rate

or you can mine bch set the payout at 0.01 BCH  that is about  $4.80 usd in coins and payout will be around 16 days

use pps+ as payment method

[BitMaxz]

Why did you mine on NiceHash? It is the last pool on the pool rankings; you better switch to a much better pool.
And honestly, why do they have a 60-day rule? If you are not receiving them or get those coins affected by the 60-day rule, it is likely stealing.

Try switching to Viabtc as suggested above but if you are looking for more mining pools, check this link below

- https://miningpoolstats.stream/bitcoin

[mikeywith]

That is because of the so called siwss law of not allowing funds storage in collective wallet for more than 60 days which is where your mining reward go to, you have to move them to another wallet, however, given that your hashrate is about 8th or so, you will not generate enough btc to transfer, so mining with a single S9 is not going to work anyway.

[FP91G]

Hello fellow forum members. I'm new here and would like to briefly introduce myself. My name is Micha and I'm from Stuttgart, Germany. I previously had a rig with five GeForce RTX 2060 cards. Now I've acquired a used Bitmain S9 to experiment with mining. The miner is currently running at 700 watts, throttled. It's running Brain OS, and I'm using NiceHash as my mining pool. Now for my problem: every 60 days, NiceHash deducts my bitcoins because I haven't mined enough. Do you have any ideas on how I can avoid this? I would be very grateful for your help.

Bitmain S9 for 700W experiments. I'd guess your hashrate is 9Th/s or less, and your monthly earnings will be less than $8 if you have free electricity.
What's the point? I think a slice of pizza and a cup of coffee are more expensive there.
You can mine BCH, but that's a waste of electricity.