Sharp Increase in NiceHash Payouts Attracts Miners Worldwide

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI


  1. Payout Increase
  2. Comparison with Other Pools
  3. Expert Opinion

  4. 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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Hut 8 Wins Bid for Poolin's Texas Datacenter Sites

Hut 8 has successfully bid $140 million for two datacenter sites owned by the bankrupt mining company Poolin.

user avatarLucas Weissmann

Senate Banking Committee Democrats Request Hearing on Prediction Markets

Democratic members of the Senate Banking Committee request a public hearing to examine the growing issue of prediction markets and their regulatory implications.

user avatarFilippo Romano

Crypto Economic Activity Remains Strong Despite Market Downturn

Crypto economic activity has shown resilience despite a significant drop in market capitalization, indicating a shift in market dynamics.

user avatarEmily Carter

Visa's Research Highlights Trust as a Barrier to Stablecoin Adoption

Visa's research highlights that trust and fraud protection are essential for stablecoin adoption, with 36% of US respondents considering their use, especially with bank-level protections.

user avatarTomas Novak

Cardano's Onchain Governance Approves New Treasury Allocations

Cardano's governance system has approved a new round of treasury allocations aimed at infrastructure and ecosystem development.

user avatarKaterina Papadopoulou

Galaxy Invests $100 Million in Onchain Credit Infrastructure

Galaxy has invested $100 million in Sky Protocol's yield-bearing sUSDS, integrating it into its corporate treasury and allowing it as collateral for institutional trading.

user avatarMaya Lundqvist

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.