Quote from: hutay5 on July 17, 2017, 12:02:08 AM

Quote from: Jaerin on July 16, 2017, 06:15:19 PM

Quote from: hutay5 on July 15, 2017, 09:09:20 PM

I would like to know, if i can be minining any of the coin i choose with nicehash services.
Forexamle lets say i choose ABYcoin.
Then first thing ; i have to become a member to the ABY pool. I will be paying the pool a %some of the mined or cash (what ever).
Then with those informations of the pool shall i be able to mine it by renting from members of Nicehash? How can i be sure that i will be making more than 0.011btc valued ABYcoins in exchange, if i pay a rent in total of 0.011btc that day?
I do except the possiblity of the changes of the exchange rates but when i check the numbers from a calculatoin @ site called coinwars, seems so much profitable to rent than actually buying and building a rig. Is this really possible thing?
I am trying to make it (nicehash) work in my head, so i will jump right in tomorrow.
Thanks in advance for all the helpfull supportive ideas that you'll provide in your replying messages.

You can't guarantee that. When you rent hashing power you are renting a particular algorithm and hashrate that you will then point at the mining pool of your choice. This would be just like if you had a miner of your own with the hashpower equivalent. The results of the mining are still dependent on the same luck, fees, and payout of the pool you point Nicehash at.

As you mentioned to determine if the price is worth it you'll need to use something like whattomine.com or coinwars and calculate the average returns for that much hashing power. Even then there is some luck involved in what returns you will get. Often times the renting price will be slightly higher than what you can expect to return usually because you are essentially paying a premium for someone else's hashing power. It still maybe worth it if you expect the coins you mine to go up in price at some point in the future. The benefit is you don't have to configure, maintain, or pay the power costs of said miners and still get the coins you want to mine.

Thank you. i was checking the results of coinwars already and there i chose the coin ABY or ORB. I am just trying to find out if other users succeeded in their minings by renting rigs of other users in nicehash. Cause the results shown for ABY,ORB and some other coins in coinwars are really tempting. If it were possible to test the pools i'd try first with my own pc at home with 1GB Vga of it for gpu, but as i have learned that this is not even an option.

I'm not sure how much hash you need for the coins to see results, but usually you could rent a very small amount and see how it goes.