It Is All About BTC, LTC, ETH, DOGE, KAS mining as well as other alternative crypto currencies
NiceHash has recently added Ethereum support (Dagger-Hashimoto algorithm) to their service for leasing or renting hashrate and now they have released an updated version of the NiceHash Miner to support it along with some more new algorithms. NiceHash Miner 1.3.0.0 (source) adds support for Ethereum mining for AMD and NVIDIA GPUs as well as support for Blake256r8, Blake256r14 and Blake256r8vnl algorithms for AMD and NVIDIA GPUs. The application switches automatically between the currently most profitable algorithm and makes mining with the CPU or AMD/Nvidia GPUs an easy task for novice users bringing in the highest return for the miner. The application essentially leases your hashrate to users that are willing to pay for it and you get paid directly in Bitcoin. This means that you no longer need to follow exchange rates and to manually trade different crypto currencies, however this also means that directly mining and exchanging a given crypto currency at the right time might be more profitable than to lease your hashrate.
– To download the latest version 1.3.0.0 of the NiceHash Miner software for Windows OS…
NiceHash – the popular service for renting or selling your hashrate for various mining algorithms with direct payment in Bitcoin has added support for Ethereum’s Dagger-Hashimoto algorithm (Ethash) as well as for Blake256r8, Blake256r14 and modified Blake256r8vnl (used by Vanillacoin) algorithms. Do note however that the Blake256 14-rounds used by Decred (DCR) is not yet supported, so be careful when setting up your miners for the Blake256 algorithms, regardless if you need buying or selling your hashrate on the platform. The usage for Ethereum (ETH) mining is pretty much the same like what you would go for with a normal ETH mining pool that does not have stratum support implemented.
– For more details on the newly added algorithms you can visit the NiceHash platform…