NiceHash

NiceHash - cloud mining

Not always do users who want to mine cryptocurrencies have the financial means and desire to purchase expensive graphics cards and ASICs, as well as to handle the maintenance and repair of equipment. The solution to this problem is cloud mining, which involves using others' computing power with specific payment. The equipment owner can be a company or an individual, and everyone is focused on finding a reliable partner. NiceHash offers a way to avoid scams and ensure guaranteed earnings. Founded by Matjaž Škorjanc in 2014, this platform provides the simplest and safest collaboration format for owners of specialized equipment and buyers. Participants only need to create an account and choose a cryptocurrency to have the opportunity to mine digital assets and multiply their capital.

Unique Features of NiceHash Cloud Mining

The project involves open trading of computing power, and the service acts as an intermediary, optimizing calculations between the participants in the process. After the introduction of the unique computational power exchange, NiceHash cloud mining is no longer exclusive to businessmen and companies with significant capital. Now users without equipment or those with a small hashrate can engage in mining.
Owners of mining farms can transfer their hashrate to buyers in the volume they require. Buyers, in turn, decide how much to purchase, which cryptocurrencies to mine, and can choose pools with the most attractive conditions. To conclude a deal, it is necessary to place an order on the website with a set price. Users interact through the specialized NiceHash Miner program, which needs to be downloaded and installed beforehand.
At present, you can earn through cloud mining of Bitcoin, Ethereum Classic, Litecoin, and other types of digital assets. The minimum order cost is 0.0001 BTC for durations less or greater than 24 hours. All prices are available online on the nicehash.com website, allowing for profitable transactions around the clock without being tied to any specific location. The most significant features of the project include:
  • Access to dozens of pools.
  • 24/7 control of orders and their performance with precise statistics.
  • Payment only for working, correctly configured, and valid shares.
  • The opportunity to start a business with minimal investment (from $27).
  • Lack of contracts—this allows placing and canceling orders without additional fees.
  • Payment in Bitcoins, regardless of the type of cryptocurrency mined.
  • Use of high-powered equipment without limitations—delivery is maximally fast.

How to Work with NiceHash: Key Points

In its nine years of operation, the project has managed to gain the trust of a vast number of users. Both buyers and sellers can expect favorable conditions. The former get the opportunity to engage in cloud mining without overpaying, and the latter can count on earnings from the sale of their computing power.
For those planning to mine BTC, Ethereum, or other cryptocurrencies, the following steps should be taken:
  • Create an account by filling out a small questionnaire on the website.
  • Download and install the mining software.
  • Analyze current prices and place an order on the marketplace.
  • Wait for a response from the equipment owner.
  • Choose a pool with optimal conditions and connect the purchased computing power to it.
The rewards will be automatically credited to the Bitcoin wallet linked to the account.