Re: [PPS multipool] NiceHash.com pool - higher profits than direct mining BTC!
Strongly disagree with this, and I'm a seller. Let the market dictate the price. If sellers don't like the price, they'll switch to another pool until the price comes back up. Anyone mining for -8% (-10% with fee) isn't really keeping an eye on their equipment.
Bottom line is you're costing people money. Let the market regulate it's self.
Was about to place an order, but will take it to MRR instead. I won't be using NH/WH anymore as a seller or buyer until this is resolved.
Well I really like both nice and west hash.
I have:
A) rented to nice/west hash
B) rented from nice/west hash
C) sold my signature space for 4 or 5 months .
I get that a floor is not the worst idea and you did highlight it. I do think that
it is a form of protectionism.
As Prelude wrote (paraphrased by me here) if you are renting at 10% under- market pay attention and you will be fine.
I pay attention. I do not use bots
I rent to you when price is high.
I rent from you when price is low.
So my legwork and effort to earn more gets tossed away. By a false bottom.
If you have a false bottom you need a false top in fact you leave your company open to attack via a lawsuit. Look at over payers. Below.
How about this point? someone puts in a 10btc order at 0.097 He would have a legitimate complaint against you because you put in a false bottom to protect the ones renting to you. But no false top to protect the ones renting from you.
sooo00 why not protect this guy as he is overpaying for hash.
better yet look at this poor guy!!!
