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Moving from GH to TH units for Nist5 hashing power purchases

Dear NiceHash buyers,

Network hashrate for some coins using algorithm Nist5 has increased, pushing up the difficulty and lowering BTC/GH/Day prices for hashing power purchase on these algorithms. In order to make bidding for hashing power on these algorithms more accurate and competitive, we are switching from GH to TH units for Nist5 hashing power purchases.

If you're a buyer you'll have to take this change into account while placing new Nist5 orders. For example, instead of current price 0.0002 (in units BTC/GH/Day) you'll have to enter 0.2000 (new unit will be BTC/TH/Day).

The switch to the new units is already active.

Existing orders, which will be placed and not completed before the switch will be automatically converted to the new units - no action will be required from you. However if you have some automated applications/scripts, utilizing automatic placement of new orders, you'll have to change them accordingly to make them compatible with the new units.

All web page views/functionalities for Nist5 algorithm will be changed, including but not limited to:

  •       algorithms table (GH -> TH)
  •       order list (GH -> TH)
  •       order details (GH -> TH)
  •       new order (GH -> TH)
  •       API methods: stats.global.current, stats.global.24h, orders.get (price in TH, limit in TH), orders.get&my, orders.create (price, limit in TH/s), orders.set.limit, order.set.price

Please keep in mind that this changes applies only for Nist5 algorithm, all other algorithms will be unaffected. 

Thank you for using our service,

Your NiceHash team.

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