Post
Topic
Board Pools (Altcoins)
Re: █▓▒░-< [ZPOOL.CA][BTC Multipool] The miners multipool >-░▒▓█ Paid 850+ BTC
by
c_demian
on 19/09/2016, 21:23:17 UTC
Can anyone explain me how I managed to get negative profit from placing an order on nicehash with a price of 1.06 BTC/PH/day to zpool showing average profit estimate 0.00148 mBTC/GHs/day ? (sha256, no errors, no rejects)

nh charges a 3% fee.. plus zpool is 2%.
so you have to take the 5% off your profit to come out ahead.

also NH varies alot on their price.. i know yesterday they went up to 1.8 for a few .



I know about fees, and the NH price was steady for most of the order's execution. and 1.48 is only avg for last 24h but the coins mined showed estimate profits in the range 1.20-1.50 which is consistent with the 1.48 avg. but 1.48 - 5% = 1.406 is far from 1.06