Viacoin VIA Mining Pool Fees
Viacoin VIA Information. No Fees First 10 users get 2 VIA! Here is new VIACoin mining pool: Go to top.
Rules of the road for the MiningPoolHub: • Do not violate any of Reddit's site wide rules. • This sub is dedicated to MiningPoolHub's service and nothing else. If you are beginning to get into mining, go to as a great place to get started. • Make your title in posts specific (e.g. How do I setup auto exchange? Or My rig has 6 different GPUs, will MultiPoolMiner work on it?).
• No spamming or selling equipment, or anything else for that matter. • If you want to discuss specific coins, please go to the sub that discusses it. • Other than that, welcome to this sub. Why choose MiningPoolHub over NiceHash?
The concise answer to this question, is that NiceHash (NH) has a 4% fee for those who don't use NH wallets and has a higher payout of.01 to external wallets and.001 to NH wallets in Bitcoin. NH only pays you for your hashing power, so you aren't technically mining any specific coin for yourself, but relying on a market where people pay you and others for your hashing power. The advantage of NH is that you have an easy to use GUI interface that takes care of benchmarking and auto-switching algorithms that are the most profitable for your hardware. It's the best to use for new miners and those who are too lazy to research what are the most profitable coins. You also get paid in Bitcoin. The disadvantage of NH, is the higher fees (4% vs.
0.9% (or 1.1% if you include the 0.2% fee for the auto-exchanger)) and higher payout requirements.01 BTC vs whatever the requirements are set for a given coin (e.g. 0.002 BTC minimum with a 0.0003 BTC transaction fee). You are also dependent on buyers for hashing power, so if your GPU doesn't have any profitable algorithms to offer hashing for or if there are no buyers of hashing power, you don't make money. The advantage of MPH is that you can mine whatever coin is the most profitable or specific coins that you are interested. It has lower fees and payout requirements, than NiceHash.
If you use one of their recommended auto-switching algorithm software, you can mine the most profitable coin and get paid in one of your preferred coins (e.g. You can mine XMR and get paid in Feathercoin or Litecoin, etc). Efficient Syscoin SYS Mining there. The disadvantage of MPH, is that setting up the auto-switching tools or mining specific coin (or algorithms) may require experience with writing batch scripts and using command lines interfaces. Their website isn't the easiest to navigate and there is virtually no support other than providing links to the auto-switching programs and FAQs; this is how they are able to keep their fees low. Tl/Dr: NiceHash has higher fees and payout requirements, and only pays in BTC. Has easy interface for newbies and a pretty good support team.
MiningPoolHub allows you to mine the most profitable coins, assuming you use own of the auto-switching software or algorithm ports, and you can get paid in whatever coins they offer using an auto-exchanger. They have lower fees and payout requirements.
Not as easy to use as NiceHash and virtually no support other than FAQs.