JohnJuniorV3
Expert Member
- Joined
- Dec 21, 2011
- Messages
- 1,524
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Important to realize what Nicehash Miner is and does, vs. mining coin yourself.
At no time do you hold any currentcy for yourself using NHM. All you do is sell your hashing power, that's it. You get paid for that, and nothing else.
Mining coin is arguably more flexible in terms of reward, and if your goal is to get and hold a specific coin based on speculation of what the future value will be, then by no means is Nicehash Miner going to give that to you.
Personally, I like NHM, and use it most of the time. I would generally mine enough to make my quota for pay out, and if there is any other coin I'm interested in, I will mine this once I know I'm getting paid by NHM. For example, I'm currently throwing all my hashing power to mine Sia coin, seeing as I've made enough with NHM to get my "tip" with the next pay out schedule.
Short of trading any sort of coin on an exchange, using NHM is the easiest way to get a piece of the pie (for now).
Ahh thanks very much. So basically just selling the use of my GPU.
Now you see for example: I don't know how to use my hashing power to mine Sia coin, or any coin in fact. How do I go about this?
