EmilianoQ avatar

NiceHash is it worth it?

emilianoq

Published: 20 Aug 2017 › Updated: 20 Aug 2017NiceHash is it worth it?

NiceHash is it worth it?

Hell NO! It's a lost game!

nicehash@nicehash get back to this post in case you know how we can profit from your system.

General Observations

I have done the math for BTC and Ethereum and their formula appears to be giving a 30% loss on ethereum and ~90% loss on BTC mining.

Yours to judge and comment... Can't wait to see how you all make it happen with nicehash cloud mining.

Screenshot 2017-08-20 17.40.08.pngScreenshot 2017-08-20 17.35.36.png

Personal Experience

COST:
0.01590800 BTC + 0.00059200 BTC FEE = 67.65 USD

Screenshot 2017-08-20 18.21.44.png

EARNED:
0.23892 ETH = $ 69.30768
Screenshot 2017-08-20 18.23.10.png

I actually mined Ethereum on NiceHash with etherminer.org pool pointed to US server and paid the following
0.01589177 ETH

I had at the same time my own rig generating 129 Mh/s steadily.

I was supposed to get 0.2516 ETH or worse case 0.24097776 ETH. Neither happened although, I have my 6 GPU rig on it, as well.


Observations:

  • The hash rate was dead at multiple instances.
  • It did not run for a full 24 hour since the hash rate somehow as elevated to 2 GB instead of 1 GB/s
  • Multiple negative Deltas and rejections.
    Screenshot 2017-08-20 18.30.02.png

Leave NiceHash is it worth it? to:

Written by

I architect products, economies that tap into the global commons, which will reshape the future.

Read more #nicehash-sucks posts


Best Posts From EmilianoQ

We have not curated any of emilianoq's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.

More Posts From EmilianoQ