We introduced Ethereum-only algorithm several months ago. It was an intermediate solution because of the lack of full stratum support in Ethereum miners and pools. A couple of weeks ago we introduced Dagger-Hashimoto algorithm which completely replaces Ethereum-only algortihm. From buyers standpoint Dagger-Hashimoto finally brings the worlds-first option to rent pay-as-you-go hashing power based on Dagger-Hashimoto, allowing you to place orders and mine Ethereum or other compatible coins, for example Expanse. For sellers/miners the Dagger-Hashimoto algorithm introduced higher payouts without the immature/unexchanged balances.

Since Dagger-Hashimoto is now fully stable, supported by several pools as well as Genoi'ls ethminer official latest 1.1.5 release, we will be closing Ethereum-only algorithm. On June 20th at 12:00 UTC we will be closing Ethereum-only algorithm and all miners are of course welcome to use the regular Dagger-Hashimoto algorithm. All the needed instructions to run ethminer on our Dagger-Hashimoto pool are available here.

Please note that all current immature and unexchanged Ethereum-only balances will be process and paid in full after the closure of Ethereum-only algorithm. Therefore you can rest assure that all your earnings are safe, will be paid out and will of course even increase once you switch to the new Dagger-Hashimoto algorithm.

Thank you for using our service!

Best regards,
NiceHash team