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Lower NiceHash Fees from February 5, 2018

NiceHash announced yesterday (https://www.nicehash.com/news/lower-withdrawal-fees-and-new-coinbase-withdrawal-policy) that it has implemented another fee reduction. Following the more favorable transfer fees from a few weeks ago, another reduction follows as below:

  • A minimum payout from the previous 0.005 BTC 0.003 BTCchanges to,
  • A minimum fee for transfers below 0.1 BTC from the previous 0.0005 BTC 0.0003 BTCchanges to,
  • A for transfers above 0.1 BTC instead of the previous 0.5% BTC fee, NiceHash now charges only a 0.3% BTC fee.
  • The new minimum payout is 0.002 BTC if transferring to a CoinBase account, which remains Free!

Finally, there's some good news amidst the many Bitcoin-negative and price-crushing news and information. Somewhere, this information should also have a beneficial effect, but at the moment it doesn't seem like everything is clicking in this regard.

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NiceHash miners! Those who haven't jumped in yet, decide:

  • Either don't jump into mining because:
    • At the current exchange rate, it doesn't even cover the electricity costs,
    • if you need money, you can't take out much at the current rate,
    • you have no desire to add to your gray hairs.
  • Or jump in:
    • Because the company laptop is powerful and produces 0.00001-0.000020 BTC per day, which is about 30 Ft per day, so 3 coffees per month are already free, and it's not your home electricity being used,
    • you just won the lottery and have 10 million to buy some graphics cards, a motherboard, and a good dose of peace of mind that maybe one day you'll have more money,
    • you want to go gray prematurely.
  • And for those already in it:
    • Hang in there, maybe the price will really reach 100,000 USD someday and then we'll be millionaires,
    • Or not, but maybe someone will send us a pizza for 5,000 BTC
    • If you don't have an ASIC, you can still sell all the graphics cards and machines at a good price, with warranty and all the extra super features — PCIe riser extenders, dual PSUs, etc.,
    • Time to find a real job, because this doesn't even cover the electricity bill...

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