Chat archive · 2017-10

Phantom · · #37145

0.0256 * 504 = 12.90 USD

Phantom · · #37146

a day

AppleMiner · · #37147

phantom i thought NH was 4% fees under .1 BTC withdraw and 3% if over .1 BTC on the withdrawl?

Phantom · · #37148

You’re better off mining LTC directly with LitecoinPool.org

dog1965 · · #37149

how much on NH if you send straight to external wallet like coinbase ?

dog1965 · · #37150

I mean if it goes

AppleMiner · · #37151

dont you have to stockpile like 450 bucks to do a withdrawl on NH?

AppleMiner · · #37152

then its a 3% fee, under 450 withdrawl i think is 4%

AppleMiner · · #37153

thats one thing i like about PH, all the fees are out up front.

Phantom · · #37154

NH mining to an external wallet is 4% if you mine less than 0.1 BTC and 3% if you mine more than 0.1 BTC

Phantom · · #37155

But if you mine to a NiceHash wallet it is always 2% no matter the amount

Phantom · · #37156

and to withdraw is just 0.0005 BTC

AppleMiner · · #37157

and what can i do with it on nicehash?

dog1965 · · #37158

me to and you can get paid in the coin of your choice which NH dows not do.

AppleMiner · · #37159

oh i read that all wrong

AppleMiner · · #37160

i read that it was .0005 every 6am when they do the deposits into your internal wallet per day

AppleMiner · · #37161

and THEN the transfer out to your external wallet from their site

AppleMiner · · #37162

must have misread the part about if you mine to their wallet its only .005 to move it to your external wallet if you used theirs

Phantom · · #37163

no, if you mine to an external wallet using NH you get paid every Friday if your balance is at least 0.01 BTC. And you can get paid daily if your balance is 0.1 BTC

AppleMiner · · #37164

i assumed they were trying to double dip on the fees on using their wallets.

AppleMiner · · #37165

felt like they were sneaky

Phantom · · #37166

if you mine to a NiceHash wallet you get paid everyday if your balance is at least 0.001

AppleMiner · · #37167

into the nicehash wallet?

dog1965 · · #37168

nope I have a s9 its telling me every weak.

dog1965 · · #37169

my next payout is 10-13

Phantom · · #37170

yeah it’s every friday if you mine to a external wallet and have a balance of 0.01 BTC or more

dog1965 · · #37171

then again I am running a s9 with one board only.

AppleMiner · · #37172

yeah i think they charge to store it on their wallet, and then charge you AGAIN to put it into your external so you can spend it, thats why they have no fees, its figureed into the withdrawl eventually

Phantom · · #37173

But it’s cheaper to just mine to a NiceHash wallet and withdraw when your balance is high. you’ll only pay 0.0005 BTC to withdraw

Phantom · · #37174

No they don’t charge you to store in their wallet

AppleMiner · · #37175

ill have to go read it all again now

Phantom · · #37176

They charge you if you DEPOSIT in their wallet

Phantom · · #37177

If you MINE in their wallet they don’t

dog1965 · · #37178

wow sneaky same thing what you mine goes in there wallet.

AppleMiner · · #37179

ohhh i thought them moving the coins at the end of the day was them depositing the coins into your wallet.

Phantom · · #37180

no. the deposit fee is for those depositing btc from another wallet to buy hashpower from them

AppleMiner · · #37181

you mean they charge me 3% to move 1 bitcoin into their wallet and store it there?

dog1965 · · #37182

yes but they keep the profits from the multicoins lol.

Phantom · · #37183

Check this thread. Someone had the same confusion you have

Phantom · · #37184

AppleMiner · · #37185

im looking at the service fees for selling hashing power

AppleMiner · · #37186

external wallet less .1....4%

AppleMiner · · #37187

external wallet great .1....3%

dog1965 · · #37188

your selling your miner for someone to rent they keep a percentage of that then they keep all the multicoin profits to no ????

AppleMiner · · #37189

and payouts greater than .001 to nicehash wallet 2%

AppleMiner · · #37190

so they charge me 2% to sell my hashing power to my nicehash wallet?

Phantom · · #37191

No, they don’t keep the profits

Phantom · · #37192

This is how NH works

Phantom · · #37193

Basically

AppleMiner · · #37194

but I dont see how much they charge to move it from there.

Phantom · · #37195

Dog goes there and sell his L3_ hash power

Phantom · · #37196

then a buyer

Phantom · · #37197

maybe apple

Phantom · · #37198

don’t have a miner at home

Phantom · · #37199

so he decides to buy from NiceHash

Phantom · · #37200

he deposits BTC to his NiceHash wallet

Phantom · · #37201

and buys the hash power from Dog

AppleMiner · · #37202

i get how the contract thinggy works

AppleMiner · · #37203

their videi is nice and ez to follow

Phantom · · #37204

now Apple can mine with that hash power at any pool he wants

AppleMiner · · #37205

ok under it i see withdrawls from nicehash wallet

Phantom · · #37206

Yeah withdrawals is 0.0005

Phantom · · #37207

if you withdraw less than 0.25

AppleMiner · · #37208

so 2% to store it in their wallet, .2% to move more than .25 out. So grant total is 2.25% fee on NH.

dog1965 · · #37209

yes and they give me only a prercentage and keep the rest.

drakkar · · #37210

anybody can show me how to point L3+ miner to prohashing. Thanks

AppleMiner · · #37211

thats what i couldnt get, the external vs internal and then moving it out and not getting 2X cvharged.

dog1965 · · #37212

and multicoin profits to.

AppleMiner · · #37213

thanks.

Phantom · · #37214

yeah

Phantom · · #37215

the best way to save some btc is

Phantom · · #37216

to just wait until you have about 0.24 btc

Phantom · · #37217

and withdraw

Phantom · · #37218

so you only pay 0.0005 for withdrawing

AppleMiner · · #37219

dont the L3+s make .36 a day?

dog1965 · · #37220

that makes sense or set up a p2pool node and mine on your own pool.

dog1965 · · #37221

I hit a block got real lucky I was happy fort a while.

Phantom · · #37222

Currently the L3+ makes 0.0242 * 504 = 12.19 USD a day on ProHashing

Phantom · · #37223

That’s really bad rate

dog1965 · · #37224

25btc at 500 usd

dog1965 · · #37225

nice payout.

Phantom · · #37226

You can make more even mining Litecoin directly at LitecoinPool.org

dog1965 · · #37227

one s65 thats all I was using.

Phantom · · #37228

4.99% fees are way to high

AppleMiner · · #37229

yeah but even on nicehash

AppleMiner · · #37230

the price you see when you start a miner there isnt what you end up at the end of the day, prices change all day long

dog1965 · · #37231

that was so nice of a payout to wake up to.

Phantom · · #37232

Im making 15~20 a day on NiceHash

Phantom · · #37233

It’s better than 13

dog1965 · · #37234

yes they change like the us stock market.

AppleMiner · · #37235

thats a pretty big spread, isnt 15-20 the same all the places?

Phantom · · #37236

I was making 20 everyday constantly until bitmain shipped their october batch this week =(

dog1965 · · #37237

I like to hit a block solo mining btc 12.5 btx*4,319 usd nice !!!!!

Phantom · · #37238

it started to decline to 19 > 18 > 17 the last 3 days

dog1965 · · #37239

btc

AppleMiner · · #37240

yeah i got mine in way too late

AppleMiner · · #37241

but if i run it long enough ill break even some day and then ill make some profit

Phantom · · #37242

same here. i got mine 3 weks ago

Phantom · · #37243

idk, this is declining too fast

Phantom · · #37244

we might never roi