Excellent article, thank you. Great review of pool fundamentals and appreciate the insights of where we're going and why.
Would you be able to provide more detail on considerations of changing currently from say Luxor to TIDES or NiceHash? Maybe a follow-up article that talks about what to expect immediately with a move to one of these pools and then how that positioning can be smart as you described?
Depending on your mining fleet size, it could make sense to have exposure to both. I am planning on doing a pros/cons cheat sheet and profitability analysis of all major mining pools.
The process is fairly simple. You can reach out to support or Nick, and we can make the switch. NiceHash you need to create and account and Ocean you just need a wallet address (recommended you send a test transaction so you don't start hashing to the wrong address).
Luxor fees will be increasing to 1.25% in August. I will put all this in a report and send out soon.
Excellent article, thank you. Great review of pool fundamentals and appreciate the insights of where we're going and why.
Would you be able to provide more detail on considerations of changing currently from say Luxor to TIDES or NiceHash? Maybe a follow-up article that talks about what to expect immediately with a move to one of these pools and then how that positioning can be smart as you described?
Depending on your mining fleet size, it could make sense to have exposure to both. I am planning on doing a pros/cons cheat sheet and profitability analysis of all major mining pools.
The process is fairly simple. You can reach out to support or Nick, and we can make the switch. NiceHash you need to create and account and Ocean you just need a wallet address (recommended you send a test transaction so you don't start hashing to the wrong address).
Luxor fees will be increasing to 1.25% in August. I will put all this in a report and send out soon.
Appreciate the support Shawn.
Thanks, Billy, that is fantastic and incredibly helpful!