Post
Topic
Board Service Discussion
Re: Beware of NiceHash
by
adroitful_one
on 21/12/2017, 18:25:11 UTC
I have never been a naysayer of NiceHash. In fact, I have successfully rented out my miners for months with more profitable results than mining with ccminer to a local wallet. But now that they are "Back from the brink"...here is my experience:

I test the waters last night and after a few false starts I get a prediction from NH that I will make $2.75 in 24 hours per GPU (I have 4 older GPU's). Great this is even better than before the hack! I check my NH balance after 12 hours and I have barely over $1 and I am expecting $5 based on NH calculations. Anyone else seeing similar results? If that is how they are going to "recover" then count me out I am back to ccminer!

I'm sure most of this is probably due to more miners coming back online. You probably started out with lets say 100 miners mining on that algorithm. Then, after 10 hours or so, another 300 came online. Hence creating more competition and lowering the price you would make.