I heat my home by mining crypto currencies

Re:I heat my home by mining crypto currencies by bseidensticker on Tuesday February 23, 2021 @06:35PM (#26244542)

You're not actually mining Bitcoin with your GPU. I think nicehash automatically picks the most profitable coin to mine at the time and just pays out in bitcoin.

It hasn't been profitable to mine bitcoin with a GPU since 2013 or 2014.

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Re:I heat my home by mining crypto currencies by randomhodler84 on Tuesday February 23, 2021 @06:40PM (#26244592)

No, nicehash pays you in bitcoin for the specific hash rate that you sell. It’s a hash marketplace denoted in BTC. Nicehash doesn’t mine, it’s customers do.

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Re:I heat my home by mining crypto currencies by bseidensticker on Tuesday February 23, 2021 @06:59PM (#26244733)

Sure, but nobody is buying time on your GPU to mine Bitcoin. They are buying time on your GPU to mine some other cryptocurrency. One that uses a different hashing algorithm.

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Re:I heat my home by mining crypto currencies by Sohcahtoa82 on Tuesday February 23, 2021 @07:36PM (#26245048)

I'm well aware of all this.

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Re:I heat my home by mining crypto currencies by bseidensticker on Tuesday February 23, 2021 @07:37PM (#26245060)

Cool

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