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Author Topic: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!  (Read 98597 times)
irobb
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January 08, 2015, 11:36:00 PM
 #41

I don't know... I am making around 0.02370 BTC daily with 2.1 TH but it's only been around 3 days.  I have nothing to compare it to since I am new to mining.
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kano
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January 08, 2015, 11:42:54 PM
 #42

I think the thread title needs an update Smiley

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
mdude77
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January 09, 2015, 12:33:09 AM
 #43

I don't know... I am making around 0.02370 BTC daily with 2.1 TH but it's only been around 3 days.  I have nothing to compare it to since I am new to mining.

That's low.  2.1 TH/s should average out to about 0.027 BTC daily.

I suggest checking the main page of west hash and look at the percentage for BTC to see if it's worth mining there.  Right now it's at 0%, which I think means you'll do better at a conventional pool.  Also, you can configure your workers to only kick in when the payout makes it worth while.

M

I mine at Kano's Pool because it pays the best and is completely transparent!  Come join me!
philipma1957
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January 09, 2015, 03:31:20 PM
Last edit: January 09, 2015, 03:43:49 PM by philipma1957
 #44

I don't know... I am making around 0.02370 BTC daily with 2.1 TH but it's only been around 3 days.  I have nothing to compare it to since I am new to mining.

That's low.  2.1 TH/s should average out to about 0.027 BTC daily.

I suggest checking the main page of west hash and look at the percentage for BTC to see if it's worth mining there.  Right now it's at 0%, which I think means you'll do better at a conventional pool.  Also, you can configure your workers to only kick in when the payout makes it worth while.

M

this is correct.  I rent for nicehash and westhash  .  They are great when a lot of people are renting to mine a hot coin.  Give me a minute to show how to set your miner's pools up to allow for westhash or nicehash to mine only when the price is a bit better.
 note westhash is for the western hemisphere
 nicehash is for the rest of the world

my pools page on my sp20  I set my rental price at 0.0141  that is about  0.0023 over the normal price of 0.0118  per th  

this overspread may allow for 10 to 30 hours a week  at the higher prices.

the pool it is mining at now is paying me about .0119 .



where my sp20 is mining right now it skipped over nicehash.  I set my rental price too high


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 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
irobb
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January 09, 2015, 03:42:30 PM
 #45

Hey thanks!  That's really helpful.  Love your SP20 interface.
mdude77
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January 09, 2015, 11:48:17 PM
 #46

Hey thanks!  That's really helpful.  Love your SP20 interface.

Since most pools uses some form of PPLNS, it hurts to jump back to Westhash/Nicehash when it's a "little higher" than normal.  For that reason I have mine set quite a bit higher: 0.03

M

I mine at Kano's Pool because it pays the best and is completely transparent!  Come join me!
philipma1957
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January 10, 2015, 05:37:02 PM
 #47

Hey thanks!  That's really helpful.  Love your SP20 interface.

Since most pools uses some form of PPLNS, it hurts to jump back to Westhash/Nicehash when it's a "little higher" than normal.  For that reason I have mine set quite a bit higher: 0.03

M

yes your second choice under nicehash/westhash

 needs to be a non-pplns pool  such as


https://mining.bitcoinaffiliatenetwork.com

https://www.f2pool.com

http://solo.ckpool.org

if you have

https://www.btcguild.com/

https://bitminter.com/


the switching will be harmful.

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.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
aurel57
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January 11, 2015, 10:19:49 AM
 #48

Hey thanks!  That's really helpful.  Love your SP20 interface.

Since most pools uses some form of PPLNS, it hurts to jump back to Westhash/Nicehash when it's a "little higher" than normal.  For that reason I have mine set quite a bit higher: 0.03

M

yes your second choice under nicehash/westhash

 needs to be a non-pplns pool  such as


https://mining.bitcoinaffiliatenetwork.com

https://www.f2pool.com

http://solo.ckpool.org

if you have

https://www.btcguild.com/

https://bitminter.com/


the switching will be harmful.

Or even worst at Slush's Pool as old shares are discarded and you could end up with no payment at all.
Paul Revere
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January 30, 2015, 06:12:21 PM
Last edit: January 30, 2015, 06:22:33 PM by Paul Revere
 #49

Rates are way up right now (.021 /THs), get your rigs on Nicehash/Westhash to cash in on the boom!

Up past .025 now, get in while it lasts!

All of my posts are simply statements of my own personal opinions based on available information and pondering what might be possible considering human nature, with the goal of finding truth and preventing fraud. Please look at all of the facts and theories and put your thinking cap on to draw your own conclusions. If you feel that I have made a false statement or have been unnecessarily derogatory, I encourage you to please point it out, and if proven correct and/or reasonable I will remedy it. ~ Paul Revere
kano
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January 30, 2015, 07:24:09 PM
 #50

Hey thanks!  That's really helpful.  Love your SP20 interface.

Since most pools uses some form of PPLNS, it hurts to jump back to Westhash/Nicehash when it's a "little higher" than normal.  For that reason I have mine set quite a bit higher: 0.03

M

yes your second choice under nicehash/westhash

 needs to be a non-pplns pool  such as


https://mining.bitcoinaffiliatenetwork.com

https://www.f2pool.com

http://solo.ckpool.org

if you have

https://www.btcguild.com/

https://bitminter.com/


the switching will be harmful.
Incorrect.

As I have explained a few times, the PPLNS at my pool pays out the shares over the 5N diff after they are submitted.
It simply means that your shares get paid out over time ...
The 5N also reduces the luck variance.

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
bonds
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January 30, 2015, 08:52:02 PM
 #51

Rates are way up right now (.021 /THs), get your rigs on Nicehash/Westhash to cash in on the boom!

Up past .025 now, get in while it lasts!

Well that was short lived

1Bonds3znU2tqc99b8cdDkBX9m6q9ftVG2
philipma1957
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January 30, 2015, 11:41:22 PM
Last edit: January 31, 2015, 07:44:11 PM by philipma1957
 #52

Hey thanks!  That's really helpful.  Love your SP20 interface.

Since most pools uses some form of PPLNS, it hurts to jump back to Westhash/Nicehash when it's a "little higher" than normal.  For that reason I have mine set quite a bit higher: 0.03

M

yes your second choice under nicehash/westhash

 needs to be a non-pplns pool  such as


https://mining.bitcoinaffiliatenetwork.com

https://www.f2pool.com

http://solo.ckpool.org

if you have

https://www.btcguild.com/

https://bitminter.com/


the switching will be harmful.
Incorrect.

As I have explained a few times, the PPLNS at my pool pays out the shares over the 5N diff after they are submitted.
It simply means that your shares get paid out over time ...
The 5N also reduces the luck variance.

you are correct as long as  the rates at nice/west hash don't stay really high and your pool does not do back to back  500% blocks.

If I set westhash at 0.015  at first choice with your pool as second choice.

 Lets say for 5 hours  rates are  under 0.015 and I earn 1 % of your pool during that time 50th of hash would do that..  Then westhash rates jump to 0.016 switches me off your pool keeps me off your pool for days.  you pool does back to back 500% blocks I would lose all the shares due to dilution .
Very unlikely but possible.
So rather then  confuse the question asked,  I put pools  that can never happen to.

My own choice is to use your pool 2nd and f2pool third. Since I don't think back to back 500% blocks and really high rates on westhash will happen .  (I figure 10000 to 1 or more )   but on the net If I tell some one to use your pool under westhash I need the longer explaination.  If someone reads this post along with your quote  I think they would be fully informed.
   Took me a while to fully understand this angle to your pool  another reason I use it along with westhash.

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.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
kano
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January 30, 2015, 11:55:06 PM
 #53

Hey thanks!  That's really helpful.  Love your SP20 interface.

Since most pools uses some form of PPLNS, it hurts to jump back to Westhash/Nicehash when it's a "little higher" than normal.  For that reason I have mine set quite a bit higher: 0.03

M

yes your second choice under nicehash/westhash

 needs to be a non-pplns pool  such as


https://mining.bitcoinaffiliatenetwork.com

https://www.f2pool.com

http://solo.ckpool.org

if you have

https://www.btcguild.com/

https://bitminter.com/


the switching will be harmful.
Incorrect.

As I have explained a few times, the PPLNS at my pool pays out the shares over the 5N diff after they are submitted.
It simply means that your shares get paid out over time ...
The 5N also reduces the luck variance.

you are correct as long as  the rates at nice/west hash don't stay really high and your pool does not do back to 500% blocks.

If I set westhash at 0.015  at first choice with your pool as second choice.

 Lets say for 5 hours  rates are  under 0.015 and I earn 1 % of your pool during that time 50th of hash would do that..  Then westhash rates jump to 0.016 switches me off your pool keeps me off you pool for days.  you pool does back to back 500% blocks I would lose all the shares due to dilution .
Very unlikely but possible.
So rather the confuse the question asked I put pools  that can never happen to.

My own choice is to use your pool 2nd and f2pool third. Since I don't think back to back 500% blocks and really high rates on westhash will happen .  (I figure 10000 to 1 or more )   but on the net If I tell some one to use your pool under westhash I need the longer explaination.  If someone reads this post along with your quote  I think they would be fully informed.
   Took me a while to fully understand this angle to your pool  another reason I use it along with westhash.
Yes, but your example works both ways.
If the pool averages better than 5 blocks in the following 500% you'll do better.

But the point is that is all random probability.

The expected average result over time is to get 99.1% (due to the 0.9% fee)

Each share itself will depend on the 500% after it is submitted, which of course can go both ways: pay better or worse than expected, but again, should average as expected.

Also note that over the past week we have averaged below expected, but over the previous 4 months have averaged above expected.
All of that is random luck, but that's just the way it has been, the results are random, but the expected result over time is the average.
(The last 42 blocks have been only just better than 100%)

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
Paul Revere
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January 31, 2015, 07:05:37 PM
 #54

Rates are way up right now (.021 /THs), get your rigs on Nicehash/Westhash to cash in on the boom!

Up past .025 now, get in while it lasts!

Well that was short lived

Rates are rising once again, although not quite as high as yesterday. Still higher than mining BTC at the moment.

All of my posts are simply statements of my own personal opinions based on available information and pondering what might be possible considering human nature, with the goal of finding truth and preventing fraud. Please look at all of the facts and theories and put your thinking cap on to draw your own conclusions. If you feel that I have made a false statement or have been unnecessarily derogatory, I encourage you to please point it out, and if proven correct and/or reasonable I will remedy it. ~ Paul Revere
bonds
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February 01, 2015, 12:58:22 AM
 #55

Rates are way up right now (.021 /THs), get your rigs on Nicehash/Westhash to cash in on the boom!

Up past .025 now, get in while it lasts!

Well that was short lived

Rates are rising once again, although not quite as high as yesterday. Still higher than mining BTC at the moment.

Yeah I set my minimum mining price at 0.0130.  Still pretty decent.  Bummer it'll be gone once this random UNB pump is over.

1Bonds3znU2tqc99b8cdDkBX9m6q9ftVG2
klondike_bar
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February 01, 2015, 05:03:18 AM
 #56

thats the nice thing about the fixed price Smiley

my 17TH switched over for about 6hrs today, at about ~105% profitability during that period. (p=0.0128)

24" PCI-E cables with 16AWG wires and stripped ends - great for server PSU mods, best prices https://bitcointalk.org/index.php?topic=563461
No longer a wannabe - now an ASIC owner!
Paul Revere
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February 03, 2015, 02:33:57 PM
 #57

I have been unable to get my S5 to accept Westhash or Nicehash. Am I overlooking something? Anyone else experiencing this?

All of my posts are simply statements of my own personal opinions based on available information and pondering what might be possible considering human nature, with the goal of finding truth and preventing fraud. Please look at all of the facts and theories and put your thinking cap on to draw your own conclusions. If you feel that I have made a false statement or have been unnecessarily derogatory, I encourage you to please point it out, and if proven correct and/or reasonable I will remedy it. ~ Paul Revere
philipma1957
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February 03, 2015, 06:33:33 PM
 #58

I have been unable to get my S5 to accept Westhash or Nicehash. Am I overlooking something? Anyone else experiencing this?

screen shot the settings

what is the top setting.


stratum+tcp://stratum.westhash.com:3334   = pool


btc address                                                 = user



P=0.0102                                                    =   password set to a price  try a really low price like the one on the left.

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▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
Paul Revere
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February 03, 2015, 06:41:39 PM
 #59



These settings work on all of my S3's. I have tried address with and without the //, pay limit password and no password (x), everything I could think of and I can not get my S5 to accept Westhash (or Nicehash). Always shows as dead.

All of my posts are simply statements of my own personal opinions based on available information and pondering what might be possible considering human nature, with the goal of finding truth and preventing fraud. Please look at all of the facts and theories and put your thinking cap on to draw your own conclusions. If you feel that I have made a false statement or have been unnecessarily derogatory, I encourage you to please point it out, and if proven correct and/or reasonable I will remedy it. ~ Paul Revere
nicehash (OP)
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February 03, 2015, 06:58:22 PM
 #60

Hi,

Try specifically add stratum+tcp at the beginning of the pool string, exactly like this:


stratum+tcp://stratum.nicehash.com:3334#xnsub

or

stratum+tcp://stratum.westhash.com:3334#xnsub


(#xnsub parameter at the end enables extranonce.subcribe for better efficiency on our service)

Also, make absolutely sure you're using valid Bitcoin address for Worker name, validate it through https://blockchain.info/ Search field.


This should work. Also, are you using these S5 miners on the same location with the same public IP address as other miners of yours, which are running fine on WestHash/NiceHash?

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