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

[Neosaan]

hmm...

scrypt speed 280x = 750kh
750*5=3.75mh

I have 2.5mh  ((((

what is the problem?

may need bin files? or a special kernel?

[marvykkio]

AntMinerS5 SD cgminer_4.9.0 firmware e prestazioni graphs.tar.gz


are currently on mining nicehash europe, I'm in Italy and I have 4x antminer s5, and found this firmware on the forum AntMinerS5 SD cgminer_4.9.0 firmware and performance graphs.tar.gz, I checked on my miners and saw that I cgminer 4.8, what should I do? worth that put this firmware? I have the latest firmware released by the bitmain 04/15/2015 pero con cgminer 4.8.cosa should I do?
thanks

[bigbitmine]

That's probably the problem.  It's only been the last couple of days though.  I normally make at least 2 deposits per day and they have always confirmed in less than an hour.  I've added a minimal fee now and will see if that speeds things up.

You should always add a minimal fee ... blockchain is gettting "slower" these days https://bitcoinwisdom.com/bitcoin/difficulty and most of the pools are being reconfigured to not accept zero-transaction fees (due to BTC/USD price pressure) ... so you really should always add a minimal fee (bitcoin-core client 0.10 makes this easy since it has dynamic fee calculation).

Weird.  Both have now confirmed.  1st was over 4 hours.  Other was 10 minutes.

Turns out I've always been adding a fee.  It was doing it for me.  Need to pay more attention in future.  Obviously just slow transactions.

[opentoe]

AntMinerS5 SD cgminer_4.9.0 firmware e prestazioni graphs.tar.gz


are currently on mining nicehash europe, I'm in Italy and I have 4x antminer s5, and found this firmware on the forum AntMinerS5 SD cgminer_4.9.0 firmware and performance graphs.tar.gz, I checked on my miners and saw that I cgminer 4.8, what should I do? worth that put this firmware? I have the latest firmware released by the bitmain 04/15/2015 pero con cgminer 4.8.cosa should I do?
thanks

I switched one miner to that firmware and it has been working great. Cgminer 4.9.0 is part of it.
ALSO, Bitmaintech came out with another updated firmware for their S5, but still kept cgminer 4.8.0.

[Neosaan]

please tell me the speed of 2.5mh  to 280X on an algorithm quarkcoin that normal? or possible? if you can, how?
Use SGminer 5.1

[bigbitmine]

OMG What has happened to the SHA256 rental price?  The price is ridiculous!  Has something happened to BTC?  Or maybe a new coin?

[skizzneena]

OMG What has happened to the SHA256 rental price?  The price is ridiculous!  Has something happened to BTC?  Or maybe a new coin?

LOL, I came here just to ask the same question!!  And btw, does nicehash/westhash have an IRC chan?

[Llord-of-the-Sword]

OMG What has happened to the SHA256 rental price?  The price is ridiculous!  Has something happened to BTC?  Or maybe a new coin?

LOL, I came here just to ask the same question!!  And btw, does nicehash/westhash have an IRC chan?

A new altcoin dropped I believe.

[anamichii]

sorry if i ask old question..
if i set price 0.017BTC/TH, i will get 0.017BTC per ths, but if i didnt set the price, what will i get, is based on Renting Price or High Renting Price ?
thanks.

[bigbitmine]

sorry if i ask old question..
if i set price 0.017BTC/TH, i will get 0.017BTC per ths, but if i didnt set the price, what will i get, is based on Renting Price or High Renting Price ?
thanks.

If you're renting hash then that will be the price you are going to pay per TH.  You can then either increase it or occasionally decrease it.  There's a nicehash bot that you tell it the max price you're willing to pay and it will automatically try and keep the price as low as possible.  The bot can be a bit unpredictable though.

If you mining BTC don't bother right now.  The rental price is WAY too high.  It'll crash soon and you'll get a much better rate.

[anamichii]

sorry if i ask old question..
if i set price 0.017BTC/TH, i will get 0.017BTC per ths, but if i didnt set the price, what will i get, is based on Renting Price or High Renting Price ?
thanks.

If you're renting hash then that will be the price you are going to pay per TH.  You can then either increase it or occasionally decrease it.  There's a nicehash bot that you tell it the max price you're willing to pay and it will automatically try and keep the price as low as possible.  The bot can be a bit unpredictable though.

If you mining BTC don't bother right now.  The rental price is WAY too high.  It'll crash soon and you'll get a much better rate.

i renting my hash.
i mean if i did set the price (in password p=0.017), how much i will get,  is based on Renting Price or High Renting Price ?

[NiceHashSupport]

sorry if i ask old question..
if i set price 0.017BTC/TH, i will get 0.017BTC per ths, but if i didnt set the price, what will i get, is based on Renting Price or High Renting Price ?
thanks.

If you're renting hash then that will be the price you are going to pay per TH.  You can then either increase it or occasionally decrease it.  There's a nicehash bot that you tell it the max price you're willing to pay and it will automatically try and keep the price as low as possible.  The bot can be a bit unpredictable though.

If you mining BTC don't bother right now.  The rental price is WAY too high.  It'll crash soon and you'll get a much better rate.

i renting my hash.
i mean if i did set the price (in password p=0.017), how much i will get,  is based on Renting Price or High Renting Price ?

You get paid Currently paying rate which is visible on first page:



Other numbers (right side of the table) are for hashing power buyers and not sellers (miners).

[anamichii]

sorry if i ask old question..
if i set price 0.017BTC/TH, i will get 0.017BTC per ths, but if i didnt set the price, what will i get, is based on Renting Price or High Renting Price ?
thanks.

If you're renting hash then that will be the price you are going to pay per TH.  You can then either increase it or occasionally decrease it.  There's a nicehash bot that you tell it the max price you're willing to pay and it will automatically try and keep the price as low as possible.  The bot can be a bit unpredictable though.

If you mining BTC don't bother right now.  The rental price is WAY too high.  It'll crash soon and you'll get a much better rate.

i renting my hash.
i mean if i did set the price (in password p=0.017), how much i will get,  is based on Renting Price or High Renting Price ?

You get paid Currently paying rate which is visible on first page:



Other numbers (right side of the table) are for hashing power buyers and not sellers (miners).

oh okay i got it..
thanks

[roy7]

NiceHash seems like a cool idea. It must have launched right around the time I stopped messing around with Bitcoin. It may have kept me around longer if I knew about it at the time.

I can see how the price to rent would rise when there are alt coins people want to throw lots of hash power at for short periods of time, but when it comes to mining Bitcoin itself, is the idea people with hardware can get a PPS payment with no variance (albeit lower than mining normally) and people who rent can pay the PPS and then mine bitcoin directly to arbitrage the difference in expected return by absorbing all of the variance themselves?

Or do people not generally rent hash power to mine Bitcoin, and instead it's mostly about the alt coins?

Edit: I guess that's not the thing at all. Looking at the price history graphs, esp. on scrypt, people consistently pay more than the miners would make mining bitcoin/litecoin themselves. Are buyers of hash power predominately mining alt coins?

[Miasma]

Looks like someone hit blockchain lottery? Am I reading that correct? Unfortunately it wasn't me.

If that is correct on the site. 12 TH hit a block in the first 3 days. Pretty damn lucky. I started 2 hours ago and think I may switch back.

Yes, NiceHash solo mining Bitcoin pool found it's first block

The happy user already said thanks and sent us the print-screen of his/her lucky AntMiner S3:

Why would a solo miner need a pool

What does that even mean, solo mining pool

[bigbitmine]

Looks like someone hit blockchain lottery? Am I reading that correct? Unfortunately it wasn't me.

If that is correct on the site. 12 TH hit a block in the first 3 days. Pretty damn lucky. I started 2 hours ago and think I may switch back.

Yes, NiceHash solo mining Bitcoin pool found it's first block

The happy user already said thanks and sent us the print-screen of his/her lucky AntMiner S3:

Why would a solo miner need a pool

What does that even mean, solo mining pool

It's exactly what it says on the tin.  It's a pool set up that when you're mining, it's only YOU!  No-one else, just you, solo.

[bigbitmine]

Is there anyone reading this that is renting SHA256?  Can I ask what coin you're mining?  Has something new arrived?

I'm bored doing nothing, staring at the price, waiting for it to drop.

[bobrottenchild]

Here's a my newbie Nicehash questions:

1) When to look for the most profitable coin I look at the "currently paying" column on the homepage, right?
    So when it says X11 is the most profitable at 0.2749 and then I see Neoscrypt at 5.3425 or X13 at 0.3391, etc. Why aren't they highlighted as most profitable?

2) What's the advantage of renting power? I guess I can mine whatever coin I want with the rented power? Is there any profit to be made that way by renting hashing power and mining with it?

3) By renting on Nicehash, Is this another way of doing "cloud mining"? But I guess you can see what you rent instead of cloud mining where you just get daily payouts and nothing more.

Thanks!

[Miasma]

Mister Nice,
Is there a preferred difficulty for mining in your solo pool with AntMiner S5s
Is there any reason to use the extranonce subscription #xnsub

[dhsc19]

Here's a my newbie Nicehash questions:

1) When to look for the most profitable coin I look at the "currently paying" column on the homepage, right?
    So when it says X11 is the most profitable at 0.2749 and then I see Neoscrypt at 5.3425 or X13 at 0.3391, etc. Why aren't they highlighted as most profitable?

That is because the average hashing rate for each algo is different.  Let's say your card can only hash 5.5Mh/s on X11 and 256kh/s on Neoscrypt.  Your card is only hashing 4.65% compared to X11.  So, even if Neoscrypt is paying 5.3425 you're really only making an equivalent of 0.2487 at your Neoscrypt hashing rate compared to X11 at 0.274.

2) What's the advantage of renting power? I guess I can mine whatever coin I want with the rented power? Is there any profit to be made that way by renting hashing power and mining with it?

If you play it right, you can pump a large amount of hash power on a coin that has a low difficulty.  Which means you would have the greater advantage of getting more coins than the average miner.  Then, dump it while it's hot.

3) By renting on Nicehash, Is this another way of doing "cloud mining"? But I guess you can see what you rent instead of cloud mining where you just get daily payouts and nothing more.

Thanks!

This isn't "cloud mining" as you define it.  This is very much like mining rig rental, except the mining rigs are not all sitting in a centralized datacenter.  The hash power is distributed among mining rigs that are connected to Nice/WestHash service all over the world.  Because you are not renting a "single" mining rig, your hash rate is not dependent on a single rig's availability.  The many rigs connected to Nice/Westhash are automatically distributed to provide the hashing power you need.