Sharp Increase in NiceHash Payouts Attracts Miners Worldwide

by Giorgi Kostiuk

a year ago

Payout Increase
Comparison with Other Pools
Expert Opinion

In recent days, miners have observed a significant increase in payouts on the NiceHash platform. The average payout reached 0.00140 BTC/PH/Day, equating to about $80 per PH/Day, which is 153% higher than traditional FPPS pools, where payouts are typically around $39 per PH/Day.

Payout Increase

At certain times, payouts on NiceHash peaked at a record 0.00383 BTC/PH/Day, drawing attention from miners worldwide.

Comparison with Other Pools

In comparison, regular pools offer payouts around 0.00069 BTC/PH/Day or $39 per PH/Day. This surge is attributed to increased demand for hashrate from buyers on the platform, who are willing to pay a premium for instant access to computational power.

Expert Opinion

Experts believe that this situation may be temporary and linked to short-term market factors. However, miners are actively seizing the opportunity to boost their income by switching to more profitable platforms for selling their hashrate.

Thus, the increase in NiceHash payouts has caught the attention of miners, who are eager to maximize their earnings amid a temporary surge in hashrate demand.

Rewards

More rewards

Discover enhanced rewards on our social media.

Other news

Binance Temporarily Suspends LUNC Deposits and Withdrawals for Network Upgrade

Binance has announced a temporary suspension of deposits and withdrawals for Terra Classic LUNC to facilitate a significant network upgrade.

Maria Gutierrez13 minutes ago

US Government Launches Tech Force to Bridge Skills Gap

The US government has launched the Tech Force initiative to address critical skills gaps in technology sectors.

David Robinson42 minutes ago

Nasdaq to Introduce 23-Hour Trading by 2026

Nasdaq is set to extend its weekday stock trading hours to 23 by the second half of 2026, pending regulatory approval.

Andrew Smithan hour ago

Conviction Launches Exclusive Waitlist for ZetaChain Prediction Market

Conviction has launched an exclusive waitlist for its decentralized prediction market on ZetaChain, aiming to attract early users with potential benefits like token airdrops and governance rights.

Zainab Kamara2 hours ago

Conviction Utilizes AI Insights for Enhanced Prediction Market Experience

Conviction is set to revolutionize the prediction market experience by incorporating AI-based insights that provide users with valuable data and analysis.