Why I Stopped GPU Mining With NiceHash In 2024!?!

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  • Опубликовано: 11 ноя 2024

Комментарии • 27

  • @riftgod6169
    @riftgod6169 6 месяцев назад +6

    Unminable fee is actually a lot higher, definitely not 1%

    • @BitcoinTipsYT
      @BitcoinTipsYT  6 месяцев назад +1

      How do you come up with that?

    • @riftgod6169
      @riftgod6169 6 месяцев назад

      @@BitcoinTipsYT was experiencing way below expected rewards, even going by their calculator. Some other RUclipsrs have made videos confirming

    • @Elferiamoney0333
      @Elferiamoney0333 6 месяцев назад

      True is stealing even more

    • @riftgod6169
      @riftgod6169 6 месяцев назад

      @@BitcoinTipsYT I've tried it myself and experienced less the normal rewards even according to their calculator. Other RUclipsrs have confirmed the suspicions

    • @WayneMineing
      @WayneMineing 6 месяцев назад

      unmineable fee is to high but only difrence is unmineable pays you out in the coin you want ware with nicehash your tided to btc payout only

  • @SterlingSpecter1
    @SterlingSpecter1 6 месяцев назад +1

    just wondering why you haven't decided to just mine using a miner program then convert on an exchange. works out way better and eliminates a lot of small fees. also these mining switching softwares will hurt your gpu because you are putting more stress on when it has to switch a lot

    • @BitcoinTipsYT
      @BitcoinTipsYT  6 месяцев назад +1

      Great question! The main reason that I like on mineable is that I’m able to mine profitable algorithms and get paid out in coins that I am personally interested in eliminating the need to use exchanges which can cause taxable events and requires spending crypto on transfer fees to deposit and withdraw coins on the exchange

    • @SterlingSpecter1
      @SterlingSpecter1 6 месяцев назад

      @@BitcoinTipsYT smart way to get around the taxable event. nicehash got banned in the UK due to this switching of coins as it was considered to be acting as an exchange. so i guess unmineable doesnt have the same situation

    • @BitcoinTipsYT
      @BitcoinTipsYT  6 месяцев назад +1

      Yeah I’m not too sure what the UK rules are, but I like unmineable due to the wide choice of coins to get paid out in

  • @dizzan8530
    @dizzan8530 2 месяца назад

    Thanks I am starting, so I think I will use nicehash

  • @ariemulderij4341
    @ariemulderij4341 5 месяцев назад +1

    I've been mining Doge for about 3 days now and still have not even mined 1 doge how on earth is this ever to be profitable 🙈

    • @BitcoinTipsYT
      @BitcoinTipsYT  5 месяцев назад +2

      Yeah unfortunately profitability is heavily dependent on the hardware you are using so if it is older hardware it will take longer to earn more coins

  • @mayitogonzales748
    @mayitogonzales748 13 дней назад

    How in can take my money out of nicehash in eeuu?

    • @BitcoinTipsYT
      @BitcoinTipsYT  12 дней назад

      Once you reach the withdraw limit it should be sent to your wallet like normal

  • @bluebarron_
    @bluebarron_ 6 месяцев назад

    you can choose what you would like to be payed out in on nicehash, for example ravencoin

    • @BitcoinTipsYT
      @BitcoinTipsYT  6 месяцев назад

      Interesting I’ll have to look into that

    • @DrezzarEC006
      @DrezzarEC006 5 месяцев назад

      i'm mining ravencoin with 120mh/s 8x 1660supers around 1.80usd dayli with btc payments

  • @DLP11111
    @DLP11111 6 месяцев назад

    hey can't hook ASICs on unminable.

    • @BitcoinTipsYT
      @BitcoinTipsYT  6 месяцев назад

      They do actually support ASICs it’s just not as straight forward as setting up the windows miner

  • @DLP11111
    @DLP11111 6 месяцев назад

    Why nobody talk abt prohashing?

    • @BitcoinTipsYT
      @BitcoinTipsYT  6 месяцев назад

      I’ll have to look into that!

    • @DLP11111
      @DLP11111 6 месяцев назад

      Bro.. thanks for replying… just wanna asking suddenly the withdrawal fee has increased which supposed to be zero on nicehash it has gone up significantly. Why? I wanna withdraw some of my BTC on nicehash to Binance n wanna trade there