» » NiceHash.com - trusted cloud mining service. Review.

NiceHash.com - trusted cloud mining service. Review.

NiceHash– A Crypto-Mining Marketplace Where Anyone Can Be a Miner

Although Nice Hash is almost 3 years old, it is still a relatively new conceptin the crpyto-mining world. In short words, NiceHash is a hashing power marketplace where you can mine altcoins and get paid in bitcoins or you can buy hashing power from other minings in a form of cloud mining. You could also describe NiceHash as a pool and cloudmining service in one, but NiceHash is more than a pool and more than a regular cloud mining you have heard of. The service works in these simple steps:

  • Buyer places a new order for mining any coin he wants (Bitcoin, Ethereum, Monero, Zcash, Dash, Decred, Litecoin,...).

  • He determines the amount he will spent on the order (e.g., 0.01 BTC) and the price he is willing to pay for mining this coin (e.g., 1 BTCfor GH/s/day - note that the buyer won't pay 1 BTC but 0.01 BTC he determined himself).

  • He selects the pool on which he will mine.

  • Sellers that have connected their mining rigs to NiceHash are directed to the order and start mining this coin for buyer on the pool the buyer has selected.

  • Sellers are paid from the amount of money buyer spends on his order and buyers collect their rewards at the pool they used for mining. 

NiceHas has a cloud mining service

Buyers are those that are interested in cloud mining - they don't have their own mining hardware or they do have, but they have set on a price that brings them more coins if they cloud mine through NiceHash. NiceHash offers buyers more than 25 algorithms for mining numerous coins.

Factsabout cloud mining with NiceHash:

  • You pay as you mine without upfront payments or contracts.

  • You can buy massive hashing power for lowest price.

  • Fast delivery - max. duration of the order is 14 days, but then you can always place new orders.

  • You can cancel your order at any time and get the remaining funds back with no cancellation fee.

  • You can mine on your favorite pool and you decide how and when you want to buy hashing power.

  • You can monitor the order through real-time detailed statistics.

  • You pay only for valid shares.

To start as a buyer, register first.

NiceHas has a mining pool

Sellers are those that are connected in the NiceHash mining pool and they dothe mining. They are paid by PPS scheme - which mean that they get paid for every valid share. The payment is in bitcoins and they are paid from the amount the buyers spend on their orders.

Sellers can use any miner they want and connect their mining rigs to NiceHash stratum servers. Those that are new to mining or don't want to bother with setting up numerous different miners can use NiceHashMiner - software that will always automaticall select the most profitable algorithm for your mining hardware.

Facts about mining with NiceHash:

  • You get paid in bitcoins (you don't have to bother with different exchange rates between coins or monitor the price of the coin).

  • More than 60,000 daily active miners.

  • Automatic payouts from each day to once in four weeks.

  • Minimum payout balance of 0.001 BTC.

  • You can connect unlimited number of mining machines.

  • Fully anonymous service (no registration required).

Sign up to NiceHash and start mining!