Quote from: rednoW on April 09, 2018, 03:09:25 PM

Quote from: gsrcrxsi314 on April 09, 2018, 02:57:16 PM

i switched about 90% of my hashpower yesterday from ETH to CryptonightV7 (via Nicehash) since it's so profitable.

reasons for using nicehash instead of monero directly.

1. simplicity is valuable to me, no need to manually trade
2. I try to only deal in coins supported by coinbase/GDAX. Since I'm US based, they're really the only exchange i trust.
3. NH pays me in BTC, which I trade straight to ETH for HODLing.
4. NH is still paying significantly more than mining ETH straight
5* (Bonus for everyone on cryptonightV7) Power use is about 30% lower than ETH! lower electric cost and lower heat all around

you can certainly make more mining Monero straight if you dont mind trading on second tier exchanges (IMO), and the little bit of extra work. Personally I'm more interested in the long term prospects of ETH so that's what im focused on holding and putting my efforts towards.

So you are supporting ETH - the coin that is going to leave gpu miners alone with asics and pos centralization. Rich become more rich ))

And he is suporting Nicehash which in my eyes is a menace. Their constant changes in what is mined, causes huge spikes in networks. On top of that they dump coins driving the prices down. People thing about that before using Nicehash. Its bad.