NiceHash Reviews

NiceHash logo
Truely score heart icon

3.7/5

#3 Cloud Mining Providers

1,752 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.

Pricing

Free plan

Free trial

Scrypt

$5346.21

price changes every second depends on bitcoin price, billed once

SHA256

$168.75

price changes every second depends on bitcoin price, billed once

X11

$12640.69

price changes every second depends on bitcoin price, billed once

X13

$99.40

price changes every second depends on bitcoin price, billed once

Keccak

$6204.94

price changes every second depends on bitcoin price, billed once

NeoScrypt

$133.81

price changes every second depends on bitcoin price, billed once

Qubit

$42.05

price changes every second depends on bitcoin price, billed once

Quark

$68.82

price changes every second depends on bitcoin price, billed once

Lyra2REv2

$19115.65

price changes every second depends on bitcoin price, billed once

DaggerHashimoto

$33712.36

price changes every second depends on bitcoin price, billed once

Decred

$271.44

price changes every second depends on bitcoin price, billed once

Lbry

$3700.79

price changes every second depends on bitcoin price, billed once

Equihash

$30726.50

price changes every second depends on bitcoin price,billed once

Lyra2Z

$15388.10

price changes every second depends on bitcoin price, billed once

X16R

$11740.83

price changes every second depends on bitcoin price, billed once

SHA256AsicBoost

$168.22

price changes every second depends on bitcoin price, billed once

ZHash

$11645.25

price changes every second depends on bitcoin price, billed once

GrinCuckatoo31

$172.04

price changes every second depends on bitcoin price, billed once

CryptoNightR

$107.05

price changes every second depends on bitcoin price, billed once

CuckooCycle

$141.46

price changes every second depends on bitcoin price, billed once

X16Rv2

$27029.53

price changes every second depends on bitcoin price, billed once

RandomXmonero

$25653.20

price changes every second depends on bitcoin price, billed once

Eaglesong

$1108.71

price changes every second depends on bitcoin price, billed once

GrinCuckatoo32

$703.46

price changes every second depends on bitcoin price, billed once

Handshake

$3788.72

price changes every second depends on bitcoin price, billed once

KAWPOW

$50220.64

price changes every second depends on bitcoin price, billed once

BeamV3

$36365.61

price changes every second depends on bitcoin price, billed once

Octopus

$25798.48

price changes every second depends on bitcoin price, billed once

ZelHash

$26651.04

price changes every second depends on bitcoin price, billed once

Blake2s

$386.14

price changes every second depends on bitcoin price, billed once

Autolykos

$9385.78

price changes every second depends on bitcoin price, billed once

Review insights

We collect mass reviews about a product on various platforms, weed out suspicious reviews, and categorise them using our ever-growing algorithms. Learn more

Truely score

Truely score heart icon

3.68

from 1,752 analyzed reviews

Pros

Reviews with positive sentiment

70%

Cons

Reviews with negative sentiment

30%

Last updated on May, 18

Backups my data

4

Convenient

5

Customer service is responsive

5

Customization options

6

Does exactly what it says

6

Account is locked

5

Account setup is hard

11

App permission problems

6

Bad user experience

3

Compatibility issues

4

Features

Multi-currency

Miners

GPU Miners,Asic Miners

Payouts

Buy and Sell

Sell Cryptocurrency

24/7 Support

Multiple Supported Cryptocurrencies

Full History Records

Automated Smart Mining

Benchmark Testing Tool

GUI Miners

Miner Benchmarking

Simultaneous Mining

Multiple Language Support

Cryptocurrency Wallet

Cryptocurrency Exchange

Payouts in Cryptocurrency

Buy and Sell Hashrates

Buy and Sell Cryptocurrencies

Web Access

Ranking

Overall ranking

3

Last updated on May, 18

NiceHash Alternatives

Check more alternatives

About the seller

Seller

NICEHASH Ltd.

Frequently Asked Questions

Truely is based on AI algorithms that are getting smarter every day.
How does NiceHash work?

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.

How to mine ethereum with NiceHash?

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.

How to mine Ravencoin on NiceHash?

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.

When does NiceHash pay?

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.

How to transfer money from NiceHash to a bank account?

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.

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