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How Marketplaces Can Increase Hash Revenue | Nicehash | The Mining Pod

The Mining Pod | Bitcoin Mining News
The Mining Pod | Bitcoin Mining News
Episode • Apr 4, 2023 • 28m

Today we are joined by Marko Tarman of Nicehash. We discuss how it operates, solo miners finding blocks on Nicehash and why operators might want to sell hashrate into a marketplace.

https://www.nicehash.com

Marko Tarman: https://twitter.com/MarkoTarman

Will Foxley: https://twitter.com/wsfoxley

TIMESTAMPS:

00:00 Start

01:17 Single block winner

03:55 Cost to rent hashrate?

05:27 History of Nicehash

06:38 Effect of ETH merge

08:27 How it works?

13:07 Who's buying?

15:31 MEV on Nicehash?

16:50 Who are the sellers?

18:20 Fluctuations of hash supply recently?

19:31 Profits over spot price?

22:31 5-10% profit for miners

25:47 Competitors?

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