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

[nicehash]

Hi!

NiceHash will be celebrating is first half-year (6 months) of successful operation on October 8th, 2014. We highly value our customers, therefore we prepared a small giveaway promotion to mark our small anniversary. There are two free AntMiners S3+ waiting for you!

More details here:



Thank you for using NiceHash & WestHash!

[rammy2k2]

when prices goes up, nicehash goes down .... 

[rammy2k2]

Hi!

NiceHash will be celebrating is first half-year (6 months) of successful operation on October 8th, 2014. We highly value our customers, therefore we prepared a small giveaway promotion to mark our small anniversary. There are two free AntMiners S3+ waiting for you!

More details here:



Thank you for using NiceHash & WestHash!

Woohoo! Go Nicehash!

Before I was really unhappy with your service. But now you respond very, very, fast.

For this giveaway, are all members entered equally? Or do heavier users get a better chance of winning?

How can u be happy when their website is down ?

[rammy2k2]

ok, its back up now, but of course a low buyer just showed up (LOL)

[gross]

Same problem here. Currently I switched my sha miners TO nice/west 'cause I mean daaaamn. The problem may be similar to something I saw when buying
scrypt. When it settles into the low-enough to turn a profit on scrypt and I pick up any hashpower the "big order" guy who has the same order set at every price break starts popping ahead and takes it all, but if I were to try to compete I'd be losing money no matter where I mine. So the bot comment above is maybe right?

I still can't figure out WHY though. or where they might be mining.. The only thing that makes ANY sense is a speculative thing, mining a newer coin that isn't on an exchange, to pile it up in hopes of making something off it?  It either that or some secret coin/pool... oh wait or someone is just too stupid to math. I've noticed the "big order" has gone from 16mhs scrypt to about 8 on every pricebreak So maybe the big-fast returns they were getting made them keep pouring it on and they don't realize they are losing money because it is constantly in transition? It slowly dwindles and they don't see it because of the lobster in warm water effect.
Bidding frenzy is another possibility.  one other possibility. With the price of bitcoin dropping, maybe you have renters who are thinking in dollars for the buying part
"I only spent 20 bucks!" and haven't caught on that the return comes at the same coin price. oh desperation will also make people throw more money at a problem thinking it will fix it, but those guys should have run out by now.

If you have MOST of the hash power in a given algo it might be worth it to throw some away to drive the price up... Hrm, time to buy some more miners.
Maybe people tossing old s1's undervolt them so they are more power effective and hash away.

None of the reasoning is solid though and in the end it just seems retarded.

Admin of new coin rent hash for hidden pool then "pump& dump" "no premine coin"

[t00tie]

About the NiceHash Giveaway Promotion:

Will we get one "lottery ticket" for the prize draw per 0.0453 BTC volume?

Or do I have to mine to a new address per 0.0453 BTC volume to maximise my winning chances?

I'd rather not have to script that but I'm sure someone will...

[gross]

Where is money for BOTs nicehash use ?
X13 BOT

#59257   Dead   0.53   0.05765171   56.07%   ∞   11993.49   1.00   0   0.0000
#59262   Dead   0.51   0.06237859   29.98%   ∞   4523.70   1.00   0   0.0000
#53207   Dead   0.49   0.05630424   86.05%   ∞   61250.18   1.00   0   0.0000
#59261   Dead   0.47   0.06354091   50.84%   ∞   12081.35   1.00   0   0.0000
#53205   Dead   0.45   0.06529619   89.68%   ∞   108997.11   1.00   0   0.0000
#59260   Dead   0.43   0.06578391   49.49%   ∞   12951.22   1.00   0   0.0000
#69712   Dead   0.43   0.29216902   40.36%   ∞   40878.53   3.30   0   0.0000
#52136   Dead   0.41   0.05116901   94.52%   ∞   186018.68   1.00   0   0.0000
#59259   Dead   0.39   0.05898471   85.60%   ∞   77660.41   1.00   0   0.0000
#51670   Dead   0.37   0.04457275   97.47%   ∞   401282.51   1.00   0   0.0000
#69832   Dead   0.36   0.20592266   29.93%   ∞   21361.76   5.00   0   0.0000
#51669   Dead   0.35   0.04368129   97.17%   ∞   369969.91   1.00   0   0.0000
#69833   Dead   0.34   0.29150621   0.82%   ∞   608.81   0.05   0   0.0000
#51668   Dead   0.33   0.04155366   96.89%   ∞   338842.82   1.00   0   0.0000
#51667   Dead   0.31   0.05099793   95.83%   ∞   326629.84   1.00   0   0.0000
#55914   Dead   0.30   0.03755497   96.77%   ∞   324477.83   1.00   0   0.0000
#60932   Dead   0.29   0.00105859   97.38%   ∞   11743.07   0.10   0   0.0000
#52814   Dead   0.28   0.03176555   97.97%   ∞   472468.07   1.00   0   0.0000
#52813   Dead   0.26   0.03954327   98.30%   ∞   759014.18   1.00   0   0.0000
#52812   Dead   0.24   0.04359477   96.90%   ∞   491218.15   1.00   0   0.0000
#55124   Dead   0.23   0.04296879   88.37%   ∞   122612.02   1.00   0   0.0000
#51657   Dead   0.22   0.03278906   95.07%   ∞   248439.19   1.00   0   0.0000
#69847   Dead   0.22   0.22602061   23.10%   ∞   28345.69   No   0   0.0000
#55123   Dead   0.21   0.03232420   90.09%   ∞   120904.15   1.00   0   0.0000
#51656   Dead   0.20   0.04382059   91.75%   ∞   210473.79   1.00   0   0.0000
#55122   Dead   0.19   0.02917219   85.11%   ∞   75820.69   1.00   0   0.0000
#53372   Dead   0.18   0.03930077   85.77%   ∞   113759.07   1.00   0   0.0000
#55120   Dead   0.17   0.03211845   83.60%   ∞   83223.62   1.00   0   0.0000
#53369   Dead   0.16   0.03132879   93.06%   ∞   226972.64   1.00   0   0.0000
#55119   Dead   0.15   0.02450414   93.05%   ∞   189053.16   1.00   0   0.0000
#65635   Dead   0.15   0.00406614   58.09%   ∞   3246.35   0.10   0   0.0000
#55118   Dead   0.14   0.02153266   93.89%   ∞   204423.92   1.00   0   0.0000
#71967   Dead   0.14   0.01435061   1.72%   ∞   155.14   0.05   0   0.0000
#55912   Dead   0.13   0.03504263   91.87%   ∞   263166.04   1.00   0   0.0000
#71992   Dead   0.13   0.01117439   4.18%   ∞   324.08   0.05   0   0.0000
#66012   Dead   0.11   0.02608291   20.43%   ∞   5261.39   1.00   0   0.0000
#66054   Dead   0.10   0.00654428   32.55%   ∞   2728.81   0.10   0   0.0000
#69421   Dead   0.01   0.01950200   0.00%   ∞   0.00   10.00   0   0.0000
#70548   Dead   0.01   0.01950200   0.00%   ∞   0.00   10.00   0   0.0000

[gross]

WHY does nicehash use Bot to control price but not permit members to increase,decrease price and set cancel fee order   IT
's not FAIR to rent hash 

[nicehash]

WHY does nicehash use Bot to control price but not permit members to increase,decrease price and set cancel fee order   IT
's not FAIR to rent hash 

As stated many times before, we are not manipulating prices, orders, or any aspects of NiceHash, and we don't have our own bots with "extra features". We believe in free and open market.

But we know that buyers can be innovative, therefore we provide API and allow automation within our hashing power market. A few tips: one can setup his own pools and manage them in a programmatic way; and one could use automation tools from third-party pools and manage pool's workers in a programmatic way. All the rest is buyers ingenuity. However, to keep space and pace for manual operation as well we will introduce some limitations regarding the orders (order lifetime, etc.), but this is left for future upgrades.

[vancefox]

My price per TH is 0.0 and westhash shows up as a dead pool?  Everyone else's is around .02-.03.  Anything wrong with Westhash?  I've reset my internet connection, tried a different btc address, verified westhash's address.

Anyone?

[ThePeshMod]

I realize this may have been answered in a different post, but the thread is 100+ pages, so if someone (especially nicehash) has already answered, please forgive me.

So the question is this - why does the NH pool request work restarts so often? Even when I'm hashing the same order (I know for sure because there was only one active one and all miners on the pool were assigned to it), the pool requests work restart every 10 seconds or so. This has dramatic effect on the average hash rate. For example I have a really stable 3.5 TH on regular pools, but on NH with all the work restart requests, it drops down to 2.9-3.1. So this actually means that any increase in pay-per-GH over a regular pool will be negated by the significant decrease in your rig speed.

Couldn't it be adjusted so that there is no work restarts unless you change the order you are hashing for, or something similar? See the screenshots, work restarts 10-12 seconds apart.

http://i60.tinypic.com/2ytwtah.jpg

http://i58.tinypic.com/1zeb0ac.jpg

[Mapuo]

Last 2 days the pool requests work restart every 5-10 seconds. And Im away from nh

[vancefox]

I'd like to just see the sha pool as alive on my miners...


I'm running S1s and they're connecting to port 3334, fyi... but the pool shows as dead for some reason.

[gross]

WHY does nicehash use Bot to control price but not permit members to increase,decrease price and set cancel fee order   IT
's not FAIR to rent hash  

As stated many times before, we are not manipulating prices, orders, or any aspects of NiceHash, and we don't have our own bots with "extra features". We believe in free and open market.

But we know that buyers can be innovative, therefore we provide API and allow automation within our hashing power market. A few tips: one can setup his own pools and manage them in a programmatic way; and one could use automation tools from third-party pools and manage pool's workers in a programmatic way. All the rest is buyers ingenuity. However, to keep space and pace for manual operation as well we will introduce some limitations regarding the orders (order lifetime, etc.), but this is left for future upgrades.

You can enable captcha mode for order  1 time "DEAD" in 2 hours (must type captcha to active order) and 5 times "DEAD" in 4 hours (must confirm mail to active order)

[eoakland]

just found out about this pool, from what i read, payouts are better than all other pools.  sign me up !

[GenTarkin]

I am trying to run an avalon3 module on nicehash / westhash, it just gets HW counts when otherwise it would be finding shares. Tested on other pools, works just fine. Whats in nicehash / westhash mining protocol thats different ... that the avalon3 doesnt like?! =( Is there any way to get it fixed?
Also, Im using newest cgminer 4.6.0


Thanks

[SunnyIgor]

I'd like to just see the sha pool as alive on my miners...


I'm running S1s and they're connecting to port 3334, fyi... but the pool shows as dead for some reason.

I have the same problem with my S3s

[Automatic Monkey]

Just a dumb newbie question- I like WestHash, my S3's are running like raped apes on it, and I'm pleased with the payouts; a little more than I get from mining on a pool and with no variance.

But my question is economic. The site only accepts BTC for payment which means the renters already have BTC, and if they wanted an alt they could just trade for it.

The only explanations I can think of for them wanting to rent my rigs for a surcharge are:

1. They are hashing something hidden, something not trading on exchanges and perhaps not even a coin as we know it.

2. They are hashing an alt that is much more profitable to mine than buy.

3. They have their reasons for not wanting to use an exchange, and we are laundering.

All 3 of these possibilities are fine by me, but the possibilities are interesting to me. Any ideas?

[eoakland]

*  Perhaps NiceHash gives a little more of the block reward to the workers ?  
*  Perhaps NiceHash is really nicer ?

The site says they make 4 daily automatic payments--however they didn't specify what the minimum payment amount must be ?  Anyone know the answer to that ?  i should probably go back to page one of this thread =)

FYI, GAW rocks !

[nicehash]

So the question is this - why does the NH pool request work restarts so often? Even when I'm hashing the same order (I know for sure because there was only one active one and all miners on the pool were assigned to it), the pool requests work restart every 10 seconds or so. This has dramatic effect on the average hash rate. For example I have a really stable 3.5 TH on regular pools, but on NH with all the work restart requests, it drops down to 2.9-3.1. So this actually means that any increase in pay-per-GH over a regular pool will be negated by the significant decrease in your rig speed.

Couldn't it be adjusted so that there is no work restarts unless you change the order you are hashing for, or something similar? See the screenshots, work restarts 10-12 seconds apart.

What you are seeing on your miner is actually what the buyer's target pool is sending to you. Our system does not produce work restarts since we are forwarding work from buyers target pool to your miner. Some buyers are targeting orders on some pools which are generating lots of work restarts. This is usually a symptom of multipools which are switching coins very fast and don't have an efficient implementation of coin switching. In some cases this is also a result of some custom private single-coin pools. We addressed this issue a long time ago so that we reward miners (sellers) with extra shares when fast work restarts happens. So it is very important for you to monitor the hashrate, reported on our website (it is calculated from shares, rewarded to your miner) and the actual earnings, not only the hashrate that is displayed by your miner, since in this cases you will be rewarded for more then your miner is showing you.