Post
Topic
Board Mining (Altcoins)
Re: Why is Nicehash KYC all of a sudden
by
stablepayouts4u
on 19/08/2023, 16:35:45 UTC
Nicehash is going to be shutting down soon, we had a great run but the tldr is, creating a spot market for PPS is technically incredibly difficult - no one else besides them can do it. Their rules were/are constantly changing & they're so rich now I think the 1 or 2 rockstar devs they have are just tired of dealing with all that. We (buyers) generally will pay more than their new lottery mining business (which is where a significant portion, sometimes all, of their hashrate & business efforts go). It happens almost daily now where there are stacked standard orders sitting empty, unfilled, offering to pay 50-100% more than their fixed lottery orders. Meanwhile they pay bloggers to write about how nicehash pays the most & put restrictions on what orders their stratum servers fill & do everything to drive hash price down. Then when you add on the regulation aka harassment they're suffering (because they operate in one of the most restrictive jurisdictions on earth) they're loosing incentive to even exist. They want an easy, cushy job mining a handful of the top 50-100 coins on a low risk, lottery basis instead of the technically complex, nearly impossible to get right, high risk, high reward PPS spot market they're running.

Does no one here run GPU farms anymore??? Guys please contact me if you have GPU farms, I don't have a pretty front end because running nh bots you don't need them - but I'm polite & easy to deal with & will pay up front (if you've got a rep here - I'll pay you directly up front, otherwise escrow until we build trust) & make you an offer you cannot refuse on GPUs - you will probably end up with free electricity - contact me! PPS payout in BTC (or whatever you want!), legit offer, looking for long time partners!

Signed - soon to be former longtime nicehash client