Post
Topic
Board Mining (Altcoins)
Re: Nicehash for mining Bitcoin
by
OgNasty
on 07/06/2022, 18:18:00 UTC
Hi all,

I have been mining almost for over a year now using 8x RTX 3080s (approx 92 MH/s per card). I have always used Nicehash for mining (using Windows 10). If I were to use a different mining software, will I be able to get a better hashrate than what I get on Nicehash these days? One of my friends was telling me that there is a huge difference in hashrates between Nicehash and some other miners but I haven't been able to try anything else yet. But if the difference is indeed large, I am tempted to give it a shot. Also, once ETH goes to PoS mode, won't it impact Bitcoin market and make it more valuable to mine?

I think it depends on what you're trying to hold.  If you were spending the BTC you got from Nicehash on buying ETH, then you'd be much better off skipping the middleman and just mining ETH (while you can).  However, I think that BTC gives you more flexibility on top of it being a better store of value, so if I were in your situation (spoiler, I am) then I would mine on Nicehash and let the BTC stack. 

You can always make more money cutting out service providers, but in this case I think paying the premium to mine on Nicehash is worth it.