[ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool

[Trestle]

Guys I am amazed at how fast you are reacting and making changes to make sure you have the best service available. The round robin system of pay out was a great way to be fair. Glad I hopped on board thank you for a great service.

[1714042239]

1714042239

[1714042239]

1714042239

[elbandi]

But if you can solve the only problem that's will be perfect
When your pool switch to job there is a disconnection with the stratum server, if you can remove this disconnection
During 5-20 secondes rigs don't mining in order to reconenct the stratum server.

Yeah, we're aware of it. This is also what phzi was talking about a couple of posts back. The issue is with the stratum protocol, which currently doesn't support changing the extranonce1. Therefore currently the only option is to disconnect a rig in reconnect it to new order. We'll see if we'll find a technical solution for this. However, another, organizational solution is already being implemented - will make sure orders don't switch too fast. There will be a minimum order time frame (not too long though, allowing for the buyers still to be flexible) and the possibility for order hash limit. This will allow more concurrent orders, less order switching and will make hash power providers to stay on single order for longer time. Will not be perfect, there will still be some disconnects form time to time. But at the end of the day we have to make some trade-offs between optimizations for sellers&buyers (we want to make a ~100% fair game for sellers&buyers). Stay tuned!

How about this patch:
http://pastebin.com/8rV0md98

This change the nonce1 value on-the-fly, and report back if successful. (so if the miner dont report back, you can fallback to reconnect)

Elbandi

[suchmoon]

Could be wrong but at this pace we will be 20 Bitcoin per Gh/s per day and of course at that price no one will buy for long term, just a bunch of small volume orders of people that want to show off high hashrate for low time. Higher hash rate available will solve most of this problems since orders could be filled more quickly and cover more buy orders, not just the top one.

It will only reach a price that someone can afford to pay. In fact this model allows very quick changes as opposed to some other rental services where both buyers and providers are locked into contracts, so it's very likely that nicehash will be tracking the true market value of hashrate more accurately. Now what would be really interesting is if copycat services start popping up and miners set up lists of failover pools all with p=x. This could cause huge swings of hashpower. Fun times.

[Frosty45]

I noticed that since the new change some miners are stuck on the low priced orders instead of being moved to the most profitable one 

[rorbit]

Hi, can you please explain the fees?  They're not 2%.

I've tested the service with two orders 0.01 BTC each:

2014-04-17 14:56:24   Comment: Fee order #677   -0.00069000   
2014-04-17 14:56:23   Comment: Payment order #677   -0.00931000   

2014-04-16 11:17:42   Comment: One time fee order #327   -0.00010000   
2014-04-16 11:17:42   Comment: Payment order #327   -0.00990000   

[itos]

11 Bitcoin per Ghs? Prices are starting to get ridiculous high, who mines at that price?

[kenshirothefist]

Hi, can you please explain the fees?  They're not 2%.

I've tested the service with two orders 0.01 BTC each:

2014-04-17 14:56:24   Comment: Fee order #677   -0.00069000   
2014-04-17 14:56:23   Comment: Payment order #677   -0.00931000   

2014-04-16 11:17:42   Comment: One time fee order #327   -0.00010000   
2014-04-16 11:17:42   Comment: Payment order #327   -0.00990000   

Yesterday's order 2014-04-16 11:17:42 was before fee's (we introduced fee like 20 hours ago, as we announced), so only static one-time order submit fee was applied.

Today we introduced editing of orders (https://bitcointalk.org/index.php?topic=562238.msg6265356#msg6265356) and thus raised static one-time order submit fee (to prevent spamming with orders and to encourage you to rather edit existing orders over canceling/submitting new orders), therefore the calculation for order 2014-04-17 14:56:24 would be:

0.01 - 0.0005 one-time order submit fee = 0,0095 - 2% service fee (0.00069000) = 0,00931

Hope this clarifies your concerns. Thanks for your support and welcome again!

[itos]

Hi, can you please explain the fees?  They're not 2%.

I've tested the service with two orders 0.01 BTC each:

2014-04-17 14:56:24   Comment: Fee order #677   -0.00069000   
2014-04-17 14:56:23   Comment: Payment order #677   -0.00931000   

2014-04-16 11:17:42   Comment: One time fee order #327   -0.00010000   
2014-04-16 11:17:42   Comment: Payment order #327   -0.00990000   

Yesterday's order 2014-04-16 11:17:42 was before fee's (we introduced fee like 20 hours ago, as we announced), so only static one-time order submit fee was applied.

Today we introduced editing of orders (https://bitcointalk.org/index.php?topic=562238.msg6265356#msg6265356) and thus raised static one-time order submit fee (to prevent spamming with orders and to encourage you to rather edit existing orders over canceling/submitting new orders), therefore the calculation for order 2014-04-17 14:56:24 would be:

0.01 - 0.0005 one-time order submit fee = 0,0095 - 2% service fee (0.00069000) = 0,00931

Hope this clarifies your concerns. Thanks for your support and welcome again!

Do you charge the 2% fee if you cancel the order?

[kenshirothefist]

Do you charge the 2% fee if you cancel the order?

Only for the BTC that were actually spent on the order. The amount that was not spent is returned without being charged for the fee, of course.

[n00b2013]

question if i may, so the 2% fee is paid by both the buyer and the seller (miner) ? so 4% really no ?

in other thoughts, the site is great imo, great profit compared to others atm and great stats ! i hate slow stats personally; but one thing, it seems to go down occasionally, ddos ?


best,

noob

[rorbit]

Hi, can you please explain the fees?  They're not 2%.

I've tested the service with two orders 0.01 BTC each:

2014-04-17 14:56:24   Comment: Fee order #677   -0.00069000   
2014-04-17 14:56:23   Comment: Payment order #677   -0.00931000   

2014-04-16 11:17:42   Comment: One time fee order #327   -0.00010000   
2014-04-16 11:17:42   Comment: Payment order #327   -0.00990000   

Yesterday's order 2014-04-16 11:17:42 was before fee's (we introduced fee like 20 hours ago, as we announced), so only static one-time order submit fee was applied.

Today we introduced editing of orders (https://bitcointalk.org/index.php?topic=562238.msg6265356#msg6265356) and thus raised static one-time order submit fee (to prevent spamming with orders and to encourage you to rather edit existing orders over canceling/submitting new orders), therefore the calculation for order 2014-04-17 14:56:24 would be:

0.01 - 0.0005 one-time order submit fee = 0,0095 - 2% service fee (0.00069000) = 0,00931

Hope this clarifies your concerns. Thanks for your support and welcome again!

Thank you.  That's perfect.

So, in theory, if my pool is running properly my accepted shares on NiceHash should equal my accepted shares on the pool otherwise I should switch pools right?

Are you guys seeing much variance in your testing?

[kenshirothefist]

but one thing, it seems to go down occasionally, ddos ?

No, no DDoS (yet), I hope it stays this way since we're really trying to run a fair business for benefits to each parties. We were adding many features (and optimizations) lately therefor we had to restart our stratum servers several times ... keep in mind that this is still a novel and young service and occasional interrupts are inevitable.

[dloganbill]

I'm loving this new service.  I know you are busy adding new features, and I'm very grateful for that.

One thing that would further set you apart is the ability to failover on the server side.  I'm using 20 Gridseed ASICs with you and ATM, my controller doesn't have any fail over option.  Would there be a way to set this up to automatically kick me over to a secondary stratum of my choice? 

[n00b2013]

but one thing, it seems to go down occasionally, ddos ?

No, no DDoS (yet), I hope it stays this way since we're really trying to run a fair business for benefits to each parties. We were adding many features (and optimizations) lately therefor we had to restart our stratum servers several times ... keep in mind that this is still a novel and young service and occasional interrupts are inevitable.

ah, most good most good then

yes, we do, and we appreciate the novel service, like i said earlier

but we also appreciate upfrontness on things, you did kinda miss my first question there even 4% is good in my opinion if the profits are good and the service is good

[Ninetoe]

i have a strange problem.

when nicehash falls below my set price in the password.

sgminer doesnt go to next pool, it stays stuck in waiting for nicehash and seems to still be submitting shares, therefore never failing over.

did i miss something ? i got my settings set to failover-only, and i do have several backup pools.

here is a screenshot.

https://www.dropbox.com/s/3hr4c84pgn8l2up/nicehash%20-%20Copy.PNG

it never fails over to waffle, it keeps going like that forever. because it thinks its up

[tanacool]

hi ken.. as a buyer, i have problem on #471 order. i put pool url, username, and password correctly but the pool doesn't recognize me (nicehash). I tried using my GPU and the pool shows my activity.
can you help me solve this issue? thank you very much before.

ps:sorry my bad english.

[deznuts]

i have a strange problem.

when nicehash falls below my set price in the password.

sgminer doesnt go to next pool, it stays stuck in waiting for nicehash and seems to still be submitting shares, therefore never failing over.

did i miss something ? i got my settings set to failover-only, and i do have several backup pools.

here is a screenshot.

https://www.dropbox.com/s/3hr4c84pgn8l2up/nicehash%20-%20Copy.PNG

it never fails over to waffle, it keeps going like that forever. because it thinks its up

I have the same problem and so does everyone else who has a minimum price set in the password. This is due to the new Limited GH/s option they added. Basically the speed is filled by other miners and it connects you and you just sit and wait for work that will never come.

They need to either add some code to fix this (not add new miners if the speed is filled) or remove Limited GH/s. This will really hurt the site if they leave it as it is since people will leave.

[greatwolf]

Payments are automatic and are issued four times a day if your unpaid balance is greater than 0.002 BTC.

https://nicehash.com/index.jsp?p=faq#faqs3

Are there any other payout schedules? What about for balances that are below 0.002btc for a while?

[Ninetoe]

i have a strange problem.

when nicehash falls below my set price in the password.

sgminer doesnt go to next pool, it stays stuck in waiting for nicehash and seems to still be submitting shares, therefore never failing over.

did i miss something ? i got my settings set to failover-only, and i do have several backup pools.

here is a screenshot.

https://www.dropbox.com/s/3hr4c84pgn8l2up/nicehash%20-%20Copy.PNG

it never fails over to waffle, it keeps going like that forever. because it thinks its up

I have the same problem and so does everyone else who has a minimum price set in the password. This is due to the new Limited GH/s option they added. Basically the speed is filled by other miners and it connects you and you just sit and wait for work that will never come.

They need to either add some code to fix this (not add new miners if the speed is filled) or remove Limited GH/s. This will really hurt the site if they leave it as it is since people will leave.

yea im off this site till this is resolved. ill check back in a few days.

[greatwolf]

Is there a way to select a specific order# to hash for?