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NiceHash Reviews

NiceHash is the world’s largest crypto-mining marketplace and offers trading, mining and cryptocurrency exchange services. You can easily start mining the most popular cryptocurrencies like Bitcoin, Litecoin, Ethereum, Zcash, Ripple and more in just a few clicks. Plus, their 24/7 customer support team is always available to help you.

Basic plan

$5,346.21

price changes every second depends on bitcoin price, billed once

Get started

Pricing and Features

Price

Scrypt

$5,346.21 /price changes every second depends on bitcoin price, billed once

SHA256

$168.75 /price changes every second depends on bitcoin price, billed once

X11

$12,640.69 /price changes every second depends on bitcoin price, billed once

Currency

Bitcoin

Minimum

0.001 BTC

Payouts

Every 4 Hours

Mobile App

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Summary

NiceHash offers a variety of features that are not offered by other services. For example, NiceHash is Anti-Money Laundering Compliant and GDPR Compliant. In addition, NiceHash has a Benchmark Testing Tool which allows you to test the performance of your miner. NiceHash also offers Miner Perks, which is a rewards program that gives you discounts on things like hardware and software. However, NiceHash is missing some common features such as 24/7 support and regular subscription.


In their reviews, users have mentioned that they have faced login problems, getting errors, compatibility issues and update issues with NiceHash. However, they have also praised the provider for being better than the rest, working perfectly and only having minor quirks. They find it to be good value for money and appreciate the great staff. Additionally, NiceHash offers a money back guarantee.

Frequently Asked Questions

NiceHash is a crypto miner allowing users to rent out their hash power to mine crypto assets. You have to create an account, connect your miner and start selling your hashing power.


Buyers choose the crypto-currency and a pool to mine. Zero in on the mining price and place the order that’s passed on to everyone connected on NiceHash Miner or other mining hardware. You get paid in Bitcoin after your computing power fulfills the buyer’s order. NiceHash has a handy calculator to tally your mining earnings.

Ethereum (ETH) is the native digital currency of the Ethereum blockchain and is the second-largest cryptocurrency after Bitcoin. You will need a computer with a graphics card (GPU) to mine Ethereum with NiceHash.


You have to create an account and deposit some funds by clicking the “Deposit” button and selecting the currency of choice. You then have to log in and select "My Algorithms" and click "Add New Algorithm."


Choose ETH as the currency you'd like to mine, select a pool and enter your wallet address. You then have to download and install the NiceHash Miner software. Open the program and select the algorithm you created on the website and start mining! You'll start earning ETH or any other cryptocurrency of your choice for every block that’s mined.

Ravencoin is a new digital currency that uses X16R, a unique algorithm that’s ASIC resistant. You can mine Ravencoin with NiceHash by first creating an account and connecting your mining rig to the hashrate power marketplace.


Users can either join an existing pool or continue solo mining. You then have to set up your mining software to connect to NiceHash and start mining. Once you have mined enough Ravencoins, you can withdraw them to your wallet.

Miners using NiceHash earn Bitcoins for every valid share via the PPS (Pay Per Share) system. An internal accounting system ensures small amounts of Bitcoin are transferred from buyers to miners. The payout depends on the number of hashes generated and the profitability of the mined algorithms.


Payouts are made every four hours, provided you have reached the minimum payout threshold. The minimum payout amount is 0.01 BTC and NiceHash charges a small fee for every mining payout. If you have not reached the minimum threshold, your balance will be rolled over to the next day.

You can transfer your earnings from NiceHash to a bank account by providing your banking information on your NiceHash account. You then go to the "Withdraw" page and enter the amount you’d like to withdraw. Select "Wire Transfer,” enter your banking information, confirm the withdrawal and submit the form. You’ll receive a confirmation email once the withdrawal is processed.


You can also use third-party services like Coinbase or BitPay to transfer your payout to your bank account.