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Nicehash is mostly legitimate (not strictly a hashing contract but a rental of hashpower), and once you run the numbers it works out that you will pay very close to your expected return.
Their advertising directly implies that you will pay well above your expected return ...Nicehash is mostly legitimate (not strictly a hashing contract but a rental of hashpower), and once you run the numbers it works out that you will pay very close to your expected return.
Of course that's also not true, but they say it to attract ignorant miners to put their miners on there.
One catch with nicehash is that you have no idea about the miners being used at all ... and ...
https://bitcointalk.org/index.php?topic=1002086.0
After our shocking run of bad luck in October, where half the pool hash rate was from nicehash during that bad luck,
whenever I see a nicehash IP address/subnet I ban it forever on all servers
why is nicehash bad luck for us ?
Because of the potential for block withholding...read the Kano post in the link above to get more info.
i read the article i guess i jst dont understand what good it dose them to hold a block can they then submit it under a different solo machine or something ?