• Some users have recently had their accounts hijacked. It seems that the now defunct EVGA forums might have compromised your password there and seems many are using the same PW here. We would suggest you UPDATE YOUR PASSWORD and TURN ON 2FA for your account here to further secure it. None of the compromised accounts had 2FA turned on.
    Once you have enabled 2FA, your account will be updated soon to show a badge, letting other members know that you use 2FA to protect your account. This should be beneficial for everyone that uses FSFT.

Ick nicehash down

Archaea said:
I partially agree with this -- except with the idea that Volta is potentially close.

Rumors and Titan V benchmarks put the Volta at extreme hashing rate compared to current 1080TI and Titan Xp performance. Like 2-3x faster.... (Titan V does ~80MHS on Eth vs. ~36MHS on 1080TI I just wish I knew how far out until volta mainstream availability.

Also - crypto took a big hit today, and has been lowering profitability hard the last couple days. My 1080Ti's went from $10 a day, to $6 a day. if we rewind a couple months 1080TI were making $2 a day.

If it goes back down to $2 a day - that Titan Xp will take a long time to pay off!!!!

Just be warned that Crypto can go down too -- in my six months of mining I've seen a 1080TI go from $8 a day to a $2 a day back to $10 a day (June 2017 to Jan 2018)
Click to expand...

One thing I've learned is not to look at dollar amount earned per day. Should be looking at bitcoins earned per day. Even with this massive fluctuation in the market right now, I am still at .0007 bitcoins a day with 1 1080 Ti
 
pandora's box said:
One thing I've learned is not to look at dollar amount earned per day. Should be looking at bitcoins earned per day. Even with this massive fluctuation in the market right now, I am still at .0007 bitcoins a day with 1 1080 Ti
Click to expand...

That's how I'm viewing it for now as well. Yesterday I made .005 bitcoin. I'll make .005 today. The value will fluctuate when compared to fiat, but I'm "making" the same for now. When it rebounds, the value will go back up.
 
pandora's box said:
One thing I've learned is not to look at dollar amount earned per day. Should be looking at bitcoins earned per day. Even with this massive fluctuation in the market right now, I am still at .0007 bitcoins a day with 1 1080 Ti
Click to expand...
if your using nice hash - it isn't steady like that.

not long term.

you aren't paid in bitcoin because you are mining bitcoin. You are paid in bitcoin - but what you are mining is alt-coins. And you aren't mining alt-coins directly - you are getting paid to hash for someone else. So the BTC you are paid is based on the value of the purchase price of hashign power of buyers to use your hashing power. IE - someone else is mining alt-coins with your cards since you are using nicehash.


So your ".0007" will indeed change over time.


The only way your statement makes sense would be if you were mining an alt-coin and getting paid in that alt-coin by using a pool like mining pool hub or flypool or whatever. --- specifically a pool where you are actually mining an alt-coin for yourself and being paid directly in that alt-coin you are mining - not a pool where others were paying for your hashing power to mine the alt-coin they want.

A direct mining to that same coin scenario where your hashing rate stays the same (at least until difficulty changes) is NOT nicehash. This is a subtle difference - but it is a vast difference indeed!

If that's not clear - let me explain it this way.

If I use awesomeminer and miningpool hub, no one is buying my hashing power. I'm mining for myself directly, and my hashrate gets me x ethereum. I'm not depending on the auction format or hashbuyers interest to earn my payout in ethereum. I'm just mining for x ethereum. My rate will not change until the difficulty changes. With nicehash you are absolutely dependent on what the hash buyer is willing to pay for your hashing power for your payment in BTC. If the crypto market tanks - both types of mining will go down in profitability -- but for different reasons.
 
Last edited:
might help to talk in mBTC units instead of so many zeros.

also there is correlation between alt coin prices and those who buy hash power to mine the alt coins. they are not completely disjointed things.
 
cpuspeed said:
might help to talk in mBTC units instead of so many zeros.

also there is correlation between alt coin prices and those who buy hash power to mine the alt coins. they are not completely disjointed things.
Click to expand...

point being -

nicehash you are paid to mine alt-coins for others who are buying your hashing power, and that payment is in BTC which depends entirely on how desirable the hash buyer thinks the market is. You aren't mining BTC, but you are getting paid in BTC because that's the common currency the hash buyer is paying for your hashing power. The profitability depends on multiple things, but primarily how valuable the various alt-coins are, how valuable bitcoins are, and how safe/reputable the hash buyers believe nicehash the company to be. IE. if nicehash loses more credibility say through another hack, then , less buyers would seek their market, and so profitability to hash sellers would go down out of sync with the crypto market.

vs.

Pool mining you are paid by the pool directly in the coin you are actively mining. (or some pools auto convert the coin you mine to BTC or the coin of your choice.). The profitability depends directly on how valuable the alt-coin you chose to mine is in relation to the crypto markets.

----

all this said --- nicehash has proven more profitable to me - generally, than direct pool mining in my six months of limited small player experience -- but I'm still admittedly a novice - and I've not tried to mine any of the new, unknown coins that can spell out big profits if they hit. I think that's where the big money is to be made, or lost (in electricity use if the coin fizzles)
 
Last edited:
I'm observing something else. My dollar amount stays about the same regardless of BTC price except yesterday of course. BTC was down and my USD earnings were up.
 
well, if you are trying to compare mining alt coin for someone else and getting paid in BTC vs mining the alt coin and keeping the alt coin then you can't really. In the later you need to look at the value in BTC in order to have a comparison otherwise apples and oranges in terms of value. The alt coins for the most part are not trade-able for fiat, only for BTC anyway. Those buying the hash power in the first place are looking for arbitrage opportunities between prices of the alt coin (measure in BTC) and the cost of the hash power for the alt coin. Sometimes they win, sometimes they lose. Either way there is some correlation to price of BTC and the only differences are those in the arbitrage or the market essentially.
 
Not holding my breath for Volta.... at all.

I am picturing Vega-style availability, except 100x times worse because we know just how good Volta is compared to Pascal before mainstream release.
 
Anyone one else's NiceHash profitability gone down the toilet today? I was making estimated $13/day for the last couple days, now it's at $6 w/ GTX 1080 SLI.
 
  • Like
Reactions: Parja
like this
yup...

I'm back on awesomeminer....seems to be more profitable ATM.

1080TI profit chart...(unfortunately I've never used ahashpool - so can't vouch for it?) --- hashrefinery is fine. I felt like zpool profits were a bit exaggerated when I've tried them - but that might be anecdotal...

I just enabled ahashpool - I'll give that a shot.

THIS IS WHAT I WAS TALKING ABOUT A FEW POSTS UP! NICEHASH IS VOLATILE - IF CRYPTO NEWS IS LACKLUSTER HASH BUYERS BACK OFF AND IT ISN'T AS PROFITABLE. See how nicehash is right in the middle with their profits?

This is a single 1080TI profitability snapshot from about 11:10PM on 1/16/2018.
upload_2018-1-16_23-10-28.png
 
Last edited:
I restarted my computer and the app, it downloaded some updates when it started, and now I'm at around $8/day, which sounds more reasonable.
 
good to see AM isn't [as] affected as NH with this recent drop in crypto values. Will spin it after windows installs. Got my rosewill cases, mining motherboard, risers, and power supply today. Also have about 10 GPUs total now.
 
cybereality said:
Anyone one else's NiceHash profitability gone down the toilet today? I was making estimated $13/day for the last couple days, now it's at $6 w/ GTX 1080 SLI.
Click to expand...

Every kid on Reddit/Nicehash is asking this - don't be one of them and try to follow crypto news. Obviously the entire space has dipped.

And stop sweating USD/day, it's irrelevant. All that matters is BTC accumulation rate.
 
Last edited:
No need to be rude. I have seen some news articles. I'm not totally in the dark. Just surprised because I figured some coins would still be okay, but it's not that bad.
 
ryan_975 correct.

mnewxcv I am experimenting with the NHML legacy code base for the purposes of exposing the real-time mining data from within NHML to AM via the AM Remote Agent in a format AM can consume and monitor.

In my short time doing MPH + AM, i forgot how nice it was to see an aggregated information display of all rigs up. With the current NH miner, you do not have that aggregated local option.
 
DPI said:
Every kid on Reddit/Nicehash is asking this - don't be one of them and try to follow crypto news. Obviously the entire space has dipped.

And stop sweating USD/day, it's irrelevant. All that matters is BTC accumulation rate.
Click to expand...

It actually seemed to me that, measured purely in BTC, the payment I got in the last couple of days for my rigs mining for nicehash, was pretty light.
 
RazorWind said:
It actually seemed to me that, measured purely in BTC, the payment I got in the last couple of days for my rigs mining for nicehash, was pretty light.
Click to expand...

Yeah, it's important to update Nicehash, DPI was wrong to disparage this comment. The dip in earnings was not solely due to a devaluation of BTC. I am also mining on 1080's and for a brief time yesterday I had one system mining pre-update and one on the update, there was a very significant difference.
 
yowen said:
Yeah, it's important to update Nicehash, DPI was wrong to disparage this comment. The dip in earnings was not solely due to a devaluation of BTC. I am also mining on 1080's and for a brief time yesterday I had one system mining pre-update and one on the update, there was a very significant difference.
Click to expand...

so you are saying to use legacy 1.8.6?
 
mnewxcv said:
so you are saying to use legacy 1.8.6?
Click to expand...

I'm referring to the recent update Nicehash put out, I was running an older version on my already running setup and the setup I brought online yesterday, I happened to download the latest version of Nicehash and noticed significantly more earnings from the same card. The newest version for example includes NIST.

And to be clear, no legacy involved here. Simply an update to Nicehash Miner, the latest beta, what you download if you were to download nicehash today.
 
yowen said:
I'm referring to the recent update Nicehash put out, I was running an older version on my already running setup and the setup I brought online yesterday, I happened to download the latest version of Nicehash and noticed significantly more earnings from the same card. The newest version for example includes NIST.

And to be clear, no legacy involved here. Simply an update to Nicehash Miner, the latest beta, what you download if you were to download nicehash today.
Click to expand...

There's two different Nicehash miners. Those of us that have been using legacy have had NIST mining for a while now.
 
ryan_975 said:
There's two different Nicehash miners. Those of us that have been using legacy have had NIST mining for a while now.
Click to expand...

Yes I know that. Someone on page 15 had stated that their earnings were down significantly, then someone berated them for it. I simply jumped in to clarify that Nicehash has had an update and that the an older version indeed earning far less for me as well.
 
  • Like
Reactions: Parja
like this
yowen said:
Yeah, it's important to update Nicehash, DPI was wrong to disparage this comment. The dip in earnings was not solely due to a devaluation of BTC. I am also mining on 1080's and for a brief time yesterday I had one system mining pre-update and one on the update, there was a very significant difference.
Click to expand...
Fair, but I didn't say dip was due solely to devaluation of BTC. Obviously Nist5 buys are down, as are buys for all other algo's.

As for Nist5 being added to excavator in v2, unfortunately it's slower than ccminer-alexis used by legacy.

I'll continue to point out that it really helps to try and understand Nicehash, crypto and mining overall beyond just clicking a start button, looking at "USD/day" and then being completely dumbfounded when revenue takes a dip.
 
Last edited:
That's all fair. Sure, they should've looked at BTC/day, in this case though, it would've told them the same story. But I do agree that there's more to mining than just clicking "start mining".
 
Archaea said:
yup...

I'm back on awesomeminer....seems to be more profitable ATM.

1080TI profit chart...(unfortunately I've never used ahashpool - so can't vouch for it?) --- hashrefinery is fine. I felt like zpool profits were a bit exaggerated when I've tried them - but that might be anecdotal...

I just enabled ahashpool - I'll give that a shot.

THIS IS WHAT I WAS TALKING ABOUT A FEW POSTS UP! NICEHASH IS VOLATILE - IF CRYPTO NEWS IS LACKLUSTER HASH BUYERS BACK OFF AND IT ISN'T AS PROFITABLE. See how nicehash is right in the middle with their profits?

This is a single 1080TI profitability snapshot from about 11:10PM on 1/16/2018.
View attachment 50305
Click to expand...

out of curiosity, what kind of profitability are 1080tis showing now?
 
right now, I'm gettingabout .58862 mBTC/Day or ~$6 usd on Nist5 W 85.605 MH/s
 
mnewxcv said:
out of curiosity, what kind of profitability are 1080tis showing now?
Click to expand...
8 - 1080TI cards = $6 total.

ummm...

I've seen that happen twice today - so I just disabled Skein on awesomeminer.

Skein will change profitability in giant variances, since I set my profit profile to only change every 30 minutes - it'll lock on to Skein if it happens to be on a peak, and then sit there while the profit swings WAYYYYYY down. Nonsense, crap - --- so now it's disabled. I'm not playing those games.

When I restarted after disabling Skein my 8 card 1080TI rig (running at 65% power target) went next to Skunkhash on ahashpool at $60.36 total. (~$7.54 a card)
 
cybereality said:
Anyone one else's NiceHash profitability gone down the toilet today? I was making estimated $13/day for the last couple days, now it's at $6 w/ GTX 1080 SLI.
Click to expand...

Mines been pretty steady for the past couple days - maybe falling off a .0001 btc/day. Neoscrypt on 3x1060 3gb, 1x1070ti & 1x1070 - I run my quadro p4000 at night

Capture.PNG
 
Archaea said:
8 - 1080TI cards = $6 total.

ummm...

I've seen that happen twice today - so I just disabled Skein on awesomeminer.

Skein will change profitability in giant variances, since I set my profit profile to only change every 30 minutes - it'll lock on to Skein if it happens to be on a peak, and then sit there while the profit swings WAYYYYYY down. Nonsense, crap - --- so now it's disabled. I'm not playing those games.

When I restarted after disabling Skein my 8 card 1080TI rig (running at 65% power target) went next to Skunkhash on ahashpool at $60.36 total. (~$7.54 a card)
Click to expand...

Interesting. I've been using the zpool gui miner and seeing skein a lot. Will see what disabling it does.
 
So here's what my rigs on NH have been doing for the last 7 days:

NH_History_1_17_18.JPG


So Nist5 has been the big winner with some Equihash and Skunk throw in for good meassure. The SHA256 balance is from my S9's.

Looking at earnings in BTC, I track my payout each morning and immediately xfer to Coinbas as soon as payments are processed. Here are my numbers through the payout this morning: (I didn't have my rigs fully moved over to NH until the 7th)

NH_earnings_1_17.JPG


The "Value @ xfer" is the value I see in the email confirmation I receive from NH after the withdrawal from the local NH wallet. From a BTC/day perspective, 1/13 and 1/14 were awesome for me, and then has been going down for the last 3 days since. I'm hoping the bleeding will stop tomorrow and I'll level out around 0.026 BTC/day.

It the erosion continues, I might begin switching my rigs back to MPH and nvOC, although WTM is showing a 1080Ti doing $4.60/day right now where I'm doing $6.50 on skunk right now on NHML per 1080Ti.
 
pandora's box and xrealm20

see pclausen's chart above --- same rigs and look how much BTC mined per day moves around in quantity using nicehash - based on buyer's estimate of how much his hashing power is worth.

Compare that if pclausen was mining a single big widely hashed coin directly like ETH for example. The amount of ETH mined over a two week period, looked at day to day with the same rigs, would be nearly identical output each day - with a very gradual downtick in quantity based on slight increases to difficulty.

This is in regards to our discussion earlier on this page.
 
Last edited:
Yep, it fluctuates up and down. Obviously, since I have about a 1/10th of the hash power of pclausen, the variation in total amount is less than a few bucks day to day.

I spent a lot of time mining eth, etc, zen and zec over the last 18 months, so I mine to nicehash as just additional revenue. I’ve got a shift card that’s linked to my coinbase account, so buying more miner parts and paying the power is simple.
 
just an update on the omen laptop, the fan sounds like a 2 stroke Kawasaki bouncing off the rev limiter all the time now. The replacement fan is likely still floating around China, but I should get it any day between now and feb 5th. It will be a long 2 weeks.
 
For comparison, here are my numbers for December:

MPH_Dec_17.JPG


For the first part of the month I was mining straight ZEC. Then I started chasing hot coins on WTM and had MPH auto exchange to BTC, and for the last part of the month I switched to ZEN only. For pretty much the entire month, my rigs were running nvOC and I was manually switching between coins. I did perform various maintenance and adding cards/rigs, but the the last week the rigs were steadily on ZEN, but was still a lot of fluctuation day to day.
 
Managed to snag gtx 1080 ti off of evgas website for $820. Its a aio cooled one. Will be adding it to my main rig. So that will be two gtx 1080 ti cards mining on that rig. I had two gtx Titan Xp (star wars editions) cards that I planned on just putting in my main computer alongside my 1080 ti but they don't quite fit. Was going to return them but decided to make a small PC for some couch gaming on my OLED 4k TV. Picked up the following from Newegg earlier:


Ryzen 7 1700 with led spire cooler
Msi x370 sli plus motherboard
8gb of ddr4 3000mhz c15 ram
Corsair rmx1000 power supply (1000 watt)
Samsung 850 Evo 250GB SSD
Fractal Design Define R5 case with window
Razer turret keyboard and mouse

So that'll be 2 1080 TI's mining as well as 2 Titan Xp cards. Should fetch a decent amount each month. Hoping for at least $800
 
You must log in or register to reply here.
Back
Top