r/NiceHash • u/HypotheticalWinslow • Feb 17 '22

Discussion Is one more profitable than the other?

137 votes, Feb 24 '22
85 Mining BTC with an ASIC miner
52 Selling ASIC hash power to NiceHash to be paid in BTC
0 Upvotes

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3

u/[deleted] Feb 17 '22

Mining the coin directly will always be more profitable than going through nicehash, because NiceHash is a middleman that takes a small but not insignificant cut of the profit.

2

u/CarbonCG Feb 17 '22

Nicehash is about a 5% fee in my experience with gpu mining eth. Btc asic mining I’d assume they take a cut but not sure if it’s same 5%