Apologies if this is a stupid question...I have searched around and I am not finding anything.
I have an RX580/570 farm on HiveOS. I want to mine the most profitable option. I am a bit above breakeven given my power situation.
On whattomine.com, AMD cards get the best profit on Nicehash. I used to mine ethermine.org but decided to try nicehash.
Occasionally...like every few hours, my whole farm goes down. It appears to be because the nicehash pool is not accepting connections for a few minutes. It will then resume.
My questions:
Do you think nicehash is the most profitable?
I am staying with HiveOS for sure....I love it...but is the way I am mining through Nicehash the best idea?
Do you know why Nicehash connection goes down so much?
Thanks for your help!
I personally think Nicehash should be avoided like the plague. A brief look at their dodgy history alone and the number of users and issues they still ignore should already tell you all you need to know about them. People tend to use Nicehash either due to ignorance(not negatively put but in terms of how and what to mine) or due to convenience with the auto conversion to BTC.
Mining the actual coin yourself, although arguably more time consuming, grants you the power to trade it on YOUR terms. Which, if done correctly, will always be more profitable.
Now, in terms of its mining service and servers, although they constantly claim there are no issues, this is quite easily proven by pointing your miners to (literally) any other pool. A certain magic happens where you no longer experience the same amount of rejects, invalids or connection dropouts.