How Marketplaces Can Increase Hash Revenue | Nicehash | The Mining Pod
Channel: Compass Mining
Date: 2023-04-04

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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