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No, it's a mining pool. If you have a miner, you can direct it to Nicehash, and it gives you a proportion of all the pool's mining rewards. This way, it reduces
by Tbeiko 9y ago
No, it's a mining pool. If you have a miner, you can direct it to Nicehash, and it gives you a proportion of all the pool's mining rewards. This way, it reduces the variance of rewards for individual miners, who may otherwise go months before mining an actual block.
- dylz 9y agoIt's not quite a mining pool. You don't solve shares and get it back tied to that share. You sell computing power for $x/hr, and you get paid $x-%/hr, as two completely unlinked things.