2016-11-21

Closing down Zcash Pool by NiceHash (zcash.nicehash.com)

Dear miners,

NiceHash is well-known for being the largest marketplace offering a profitable marketplace for sellers and buyers of hashing power. Since we always strive for growth and expanding the portfolio of our services, we have launched Zcash Pool by NiceHash at the end of October, 2016. The pool had a bad luck in the start, so the interest of miners in using this pool was slowly dropping. This lead for this pool to become unprofitable, not even paying for the servers and infrastructure costs - so we have decided to shut it down for good. The shutdown schedule is as follows:

  • close stratum ports Nov 25th, 2016 at 12:00 UTC
  • on Nov 30th, 2016 at 12:00 UTC make final payments, all balance should be confirmed by that time; will do payments for all confirmed balances >= 0.0001 ZEC
  • shut down Zcash by NiceHash pool servers on Nov 30th, 2016 23:00 UTC

Please note that this affects only the Zcash by NiceHash Pool! The well-know NiceHash Equihash (Zcash algorithm) sell/buy hashing power service will stay as you know it, it's only the Zcash Pool that we did not find profitable (for you and us) at the moment. Nevertheless, during that time we have even improved or Equihash hashing power marketplace system and brought to you the fastest publicly availale Zcash miner for NVIDIA CUDA. Therefore you're of course still very much welcome to buy or sell Equihash-based (Zcash algorithm) hashing power to mine ZEC or ZCL.

Thank you for your understanding and loyalty.

Sincerely,
NiceHash Team
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