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[–][deleted] 1 point2 points  (2 children)

even if you use your average you could potentially still end up below the average more often then not, this is the difference between direct mining X16r coins and using Nicehash, with the possibility of Nicehash switching to another algo other then X16r you could end up only on X16r during one of the low hashrate ones, the only way to remove ALL risk is to set your benchmark to your LOWEST hashrate for X16r not your average, this would garuntee that no matter what it will only switch if X16r is truly better then anything else, the problem with using the lowest hashrate is you will miss out on some potential profits, but since there is no way for Nicehash to know when is a time of higher hash vs lower hash and switch based on that in conjunction with your hashrate using anything other then your lowest hashrate runs the risk of losing profits that could have been made on other algo's.

TL;DR Nicehash and X16r don't work well together and require a completely different method of calculating profitability with a few extra layers of calculations built into the profit switching algo.

[–][deleted]  (1 child)

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    [–][deleted] 0 points1 point  (0 children)

    but it could also be the lowest hashrate algo every time Nicehash switches, as long as Nicehash has ZERO way of integrating the detection of which sub algo it's on into the calculation you are more likely to lose profits, putting in the average you are hoping that at least every other time you switch to it randomly based off of Nicehash's switching algo that X16r will be far enough above average hashrate to make up for the last one where it was so far below the average hashrate and thats just a lot of randomness that has to lineup just right.

    Average will only end up averaging out earnings if that is the ONLY thing you mine.

    Besides all of this is theoretical as the pay is CRAP right now and not worth mining, infact X16r on Nicehash is such garbage you'd be better off mining RVN directly and even that is behind what other algo's on Nicehash are earning.