Btw I don't get why everybody is crying here because of low hashing power prices...these prices are directly linked to coin mining profitability. And check the coin profitability charts now. THIS is the reason of crappy prices. The sinking altcoin market full of scams and pump'n'dump projects.

I am a miner and I had to shutdown 14 AMD cards last month because of this. But I don't blame NH.

Litecoin mining profitability is atm 0.38409727 BTC / GH / day, Nicehash is currently paying 0.3922 BTC/GH/Day for scrypt to its miners. Highest running order is 0.42. Why would anyone pay more than that and lose money?

Also miners are not forced to mine on NH, they can setup the minimum price a mine elsewhere in times where they are not satisfied with current price. This is self-regulating environment.

Also arbitrage bots can drive the price higher in case the average price on NH drops considerably below coin mining profitability. But this is not the case here.

I think prices on nicehash are completely realistic and in order with current shitcoin market situation.