As a cloud mining, Nicehash allowed you to buy and sell hashing power. You can always use both schemes with competitive prices and simple setup the stratum and port. For people who lay on the pool set up, can read the instructions and attempt to analyze whether mining recorded in the pool and can run nicely or not. Please be careful – cautious in For people who lay on the pool set up, can read the instructions and attempt to analyze whether mining recorded in the pool and can run nicely or not in mining pool. Because if incorrect, you keep run mining and deposit your BTC will continue while the mining pool doesn’t run that resulted in losses to empty.
Nicehash Recommended Pools
You can setup the stratum and port in Nicehash recommended pools, but you are welcome to set up outside pools you preferred.
Support for more than 20 algorithms will be the best various you can experiment with it. Nicehash is the most complete in equipping of mining algorithms, you can explore and try to mine what you like but I personally only use dagger hashimoto and Equihash.
Depends on what you want to mine, but I’ll give you the example of two cases I’m tested and result.
Case No. 1
on 31st Dec 2016, starting with BTC 0.01470894 – I’m mined Zcash with speed 3 ksol/s using Nanopool and after 24 hours, successful in mine worth ZEC 0.30982463. With the price have become higher at the end of my mining rent, I sold all the ZEC coin I have and can get profit 13,68 %
Case No. 2
On 12 Jan 2017, I tried to mine with BTC 0.01691479 contract for 24 hours at a speed of 2 ksol/s. Unfortunately, until end of the contract, I only can mined ZEC 0.30982463 which is I have loss 25.63 %
As a result from both cases, our conclusion is depending on what the algorithm you use. Therefore, please consider is the price of the coins when you mine to determine mining result will be profitable.