Hi guys.
I want your opinion in nicehash now since they got hacked/whatever. I feel its really profitable when you can move funds freely to coinbase and then to GDAX with free withdraw. Seems like its one of the better options right now, or am i missing something?
Apart from high withdrawal fees (if not transferring to Coinbase).... its an easy and quick to sell hash power to buyers.
Which pool, which coin ... its quite tiring this chasing game... so if you want an easy way to accumulate BTC, yeah NH is a good place to be.
Yeah I'm at a point where I just throw everything at nicehash. I get slogged the full 5% fee which is annoying, but I will acquire more hash-rate to be able to mine 0.1 BTC within 4 days so that the fee is reduced to 3%.
From what I can tell, you pay 2% to nicehash wallet and to get it out of there you pay the network fee of 0.001 BTC - which probably totals 3% anyway.
I didn't know that it was free to coinbase - I will have to look into it.
Cryptonight in particular has been paying wayyy higher than ordinary XMR rates for a few weeks now. Equihash is quite strong as well.
Have you tried using Mining Pool Hub with "Autoswitch" (to automatically convert a mined coin to another... such as BTC)? I haven't been able to do a scientific comparison, but comparing 8 days on NH to 8 days on MHP I've found MHP has a higher return and lower fees. So I'm interested in your point of view.