Nicehash is a bit confusing and really the earning predictions don't make sense, for example just checked the earning potential now for 1 machine (L3+) and get the following results:
1 Day = 0.01098427 BTC = £22.56
1 Week = 0.09807394 BTC = £201.46
1 Month = 0.60026800 BTC = £1233.05
How does that make sense? assuming the 1 Day earnings are correct then calculations should be:
1 Day = 0.01098427 BTC = £22.56
1 Week = 0.07688989 BTC = £157.92
1 Month = 0.333189523 BTC = £684.32
(BTC value: 1 BTC = £2054.16)
Can anyone actually confirm earnings through Nicehash?
Profitability has DROPPED quite a bit over the last month due to new hashrate comming online, and the shifts in pricing between the various Scrypt coins and BTC and the price of BTC itself.
My A2 farm was pulling in something like $40 a day on Nicehash a month ago, today I'd be lucky to see $25 in a day.
Would Nicehash be a more profitable option than going for a multipool like prohashing, or simply mining litecoin directly? I have little knowledge of Litecoin pools but it seems to me that Nicehash gives a higher return compared to anything else as of now. Only concern is the marginal reject rate which I don't understand. It's more than 5% for me right now.