0 sats \ 1 reply \ @OT 1 Mar \ on: NiceHash Launches Instant Lightning Network Payouts for Miners bitcoin
In my previous job my manager was using GPU's to mine through nicehash. This was the first I'd heard of them and couldn't understand how mining bitcoin on GPU's was still profitable. My guess is that they're mining other coins and just paying out in bitcoin.
Anyway, great to know! Pleb mining at home with one or two rigs is starting to look pretty attractive to me with fee's going up and small LN payouts coming in.
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0 sats \ 0 replies \ @Line2Wire 2 Mar
That's generally how NiceHash works yes - You use different algorithms to mine shitcoins, either with CPU or GPU depending on what power-usage/yield ratio you're expecting and can receive reward for hashrate in BTC.
However, it has some KYC requirements for certain amounts/functionality.
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