NiceHash is paying 6% more than mining Bitcoin traditionally via a pool. Here is an explanation of how this is possible:
1️⃣ NiceHash is a hashpower marketplace.
Buyers are placing orders for hashrate. Orders can be manipulated by increasing or decreasing price and speed or canceling them.
2️⃣ NiceHash EasyMining
EasyMining is a way of solo mining blocks of Bitcoin (and other coins). EasyMining allows ordinary users with almost zero Bitcoin knowledge to participate in mining and potentially confirming a block of transactions by buying hashrate. This can be done in a very user-friendly way with just a couple of clicks.
For example, buying a package of SHA256 hashrate for $200 currently gives a user probability of 1:608 to confirm a block and earn a full Bitcoin block reward.
3️⃣ Higher Bitcoin ASIC miner payrates
Buyers of EasyMining are paying a premium price for hashrate and thus increasing the average payrate for the sellers (miners).
This is how much Bitcoin you would earn if you would mine at NiceHash:
❇ 5.59% more in the past 7 days
❇ 4.31% more in the past 30 days
❇ 6.33% since EasyMining Launch
Learn more:
https://www.nicehash.com/blog/post/nicehash-pays-better-how-and-why-nicehash-pays-better-than-mining-bitcoin-directly