Quote from: BitCoinDream on August 25, 2014, 03:11:51 PM

I am confused by the complicated hash power calculation at NiceHash. Can someone please tell me something simple ? I get 1 GH/s @ 0.0031 BTC on PBmining and @ 0.00374990 on CEX.io. At what cost I get 1 GH/s at NiceHash ?

Depends for what time. At cex.io you buy virtual hashing device (not only hashing power) and is yours until you sell it. Here, you buy only hashing power, and not device.

Quote from: suchmoon on August 25, 2014, 02:14:47 PM

Quote from: carloss on August 25, 2014, 11:31:35 AM

Quote from: bensam123 on August 25, 2014, 09:32:33 AM

After further analysis I'd HIGHLY suggest Nicehash disable their API, implement captchas for making new orders, remove the ability to modify hashpower, disallow people from refilling orders, and increase order cancellation fees to 5-10%.

Maybe you should also HIGHLY suggest to ban multipools (they are an essence of coin difficulty arbitrage) and coin exchange APIs (bots steal good prices!). Also, imagine there are exchanges running arbitrages themselves! This all should be banned!

Yeah, that's what arbitrage does - targets market inefficiencies and destroys them. You will have live with it.

(I am not running arbitrages of any kind myself).

Every once in a while a comrade shows up in one of these hash rental threads explaining how some magic market regulation is going to solve all their imaginary problems. I'm surprised that no one has started a fully regulated politically correct hash rental service. It should be a great success based on these theories.

As explained several times before already, we will not interfere with market in any kind.

Quote from: carloss on August 25, 2014, 11:34:24 AM

Quote from: GenTarkin on August 25, 2014, 05:55:04 AM

Why not just make payouts once a day.... and a minimum of .05btc...?
Also, if a miner hasnt met the .05btc after 5 days then trigger payout for whatever amount he is owed.
Or something to that affect...

I would suggest pay daily if it reaches 0.01, once a week pay the rest owed.

We don't think majority would be happy with this. Other multipools pay out daily balances over 0.001.