In September 2024, miners have encountered significant earnings discrepancies between different payout models. NiceHash, in particular, has shown miner earnings that are 154% higher than those of traditional FPPS pools.
NiceHash Earnings Growth
NiceHash miners currently earn approximately 0.00175 BTC/PH/day, translating to around $100/PH/day.
Comparison with FPPS Pools
In contrast, FPPS pools offer a much lower payout of 0.00069 BTC/PH/day, or about $39/PH/day.
Implications for Miners
The disparity is driving many miners away from FPPS pools, which have been known for providing consistent but lower payouts. Amid increasing mining difficulty and low hashprice, many miners are opting for platforms like NiceHash to secure higher returns.
With the increased difficulty of mining and changing market conditions, miners are increasingly looking for more profitable payout options, favoring platforms like NiceHash to maximize their earnings.
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