New to NICEHASH? Learn How to Get Started (2025)!
Welcome to NiceHash!
NiceHash is a hashrate marketplace that offers a user-friendly, secure, and profitable platform for anyone looking to mine Bitcoin or buy hashpower.
If you’re looking for ways to optimize your mining operations, selling your hashrate is an excellent option instead of mining to a pool. You can also benefit from the other side of our hashrate marketplace, by purchasing hashrate to supplement your needs.
Whatever your mining strategy, NiceHash has the tools and support you need to succeed. This blog will walk you through everything you need to know about NiceHash, its products, and how you can get started as a new user. Let’s dive in!
Register for a NiceHash account!
Step 1: Create Your Account
Create Your NiceHash account from the mobile app or website with your email, Google or Apple account. Register HERE.
Step 2: Secure Your Account
We highly recommend you protect your account with two-factor authentication.
Check out more security tips HERE.
Step 3: Complete identity verification
Verify your identity with the KYC (Know Your Customer) process. NiceHash is fully regulated in Switzerland, and all miners must verify their identity before using our services.
Step 4: Add your default external wallet
Due to Swiss Regulation where we are headquartered digital assets cannot be held for longer than 60 days in storage on the Collective NiceHash Wallet.
Therefore you must set up a default external wallet where funds can be automatically stored in case the 60 days approaches. After 50 days your assets will be automatically sent to this wallet that you select.
Why choose NiceHash as a Miner (Seller)?
NiceHash is an excellent alternative to mining on a pool, as pricing is based on the demand from buyers, not the global hashrate index. We offer all the tools and support you need to connect your mining farm and start earning. All payouts are in BTC, regardless of the algorithm you are mining.
- Easy Setup: Start mining in just a few minutes.
- BTC Payouts: Earn Bitcoin, regardless of the algorithm or coin you mine.
- Frequent Payments: Get paid every 4 hours for balances above 0.00001 BTC.
- NiceHash Firmware, powered by MARA
- Profitability Switching: Automatically mine the most profitable algorithms.
- Rig Manager: Monitor and optimize your mining rigs from anywhere.
- Mobile Apps: Manage your account on the go with Android and iOS apps.
Here’s how it works for miners:
1. Connect your hardware (ASICs)*
2. Download and install our ASIC Manager (monitoring software)
3. Install NiceHash Firmware (custom ASIC firmware developed in partnership with MARA that optimizes the performance and efficiency. Available for Bitcoin and Kaspa miners)
4. Link your wallet to receive payouts (All mining earnings will be paid out to your NiceHash Bitcoin (BTC) wallet. You can find this in the dashboard section ‘mining’ where you will also find Rig Manager.
5. You can withdraw your BTC funds to any valid BTC address anytime (providing you meet the minimum withdrawal amount).
You can always use the NiceHash Mining Profitability Calculator to see real-time profitability for your specific setup.
*If you are a hobby miner and want to mine with GPUs (Graphic cards) then go to our GPU software page HERE.
Helpful Articles for Miners:
What does it mean to mine cryptocurrencies?
How much can you earn with your ASICs at NiceHash?
Why does mining profitability change?
Why choose NiceHash as a buyer?
Buying hashrate to mine is a powerful option when it comes to mining cryptocurrencies. Without the need to invest in hardware, or spend time optimizing and maintaining machines, you can instead spend your time on learning the blockchain network conditions, and profit from the market no matter which way prices are moving.
You can also use the hashrate marketplace to ensure your farm has no downtime of hashrate, for example when you need to turn off machines for maintenance, hashrate can be purchased to fill demand.
Benefits of the hashrate marketplace:
- Flexible Options: Buy hashrate with no long-term contracts.
- Custom Orders: Set your price, amount, and pool preferences.
- Instant Access: Gain on-demand computational power for mining.
- Multiple algorithms: Mine over 30 coins.
- Arbitrage: Leverage the mining market no matter which way it’s turning.
Start with NiceHash as a Buyer:
1. Sign up for a NiceHash account and complete KYC verification.
2. Rent hashrate to mine cryptocurrencies by placing orders on the marketplace. Payment is always in BTC.
3. Redirect the rented hashrate to a mining pool of your choice.
Read more about how you can leverage hashrate in our full guide HERE.
Simplify your mining with EasyMining
EasyMining was designed to make the buy side of our hashrate marketplace as beneficial and as simple as possible so that you can leverage buying hashrate to mine as part of your strategy. Buying hashrate to mine is an excellent way to benefit from the cryptocurrency market no matter which way prices are swinging.
Besides being super easy and intuitive to use, there are a few key features to EasyMining that make it an interesting option to mine with:
- EasyMining is separate from the open hashrate marketplace, this means no-one can outbid you.
- The hashrate price is fixed at the precise time of purchasing a package, and remains the same fixed price throughout the duration of the package. That means if you buy a package when the coin network difficulty lowers, you are at the perfect spot!
Some ways you can strategize with EasyMining:
- You can mine blocks and ‘Hodl’ them until the fiat value goes up
- You can reinvest it back in while mining conditions are positive, eg. difficulty lowers
- You can aim for volume with our mass buy feature
Simply purchase a package from your EasyMining dashboard solo or join forces with other users in Team mining where the rewards are split between participants proportional to their share of hash rate in the package.
Get Started with EasyMining:
1. Sign up for a NiceHash account *Follow the steps to register at the beginning of the blog.
2. Download and install the NiceHash app (or use the website interface)
3. Deposit BTC to your account
4. Choose your package and start mining Bitcoin and other Cryptocurrencies
Learn More About EasyMining:
What coins can I mine with EasyMining
Need Help? We’re Here for You!
Support Resources
Visit NiceHash Official Help & Support section for answers to frequently asked questions, and open a support ticket by logging in and going to Support Cases HERE.
You can also reach out directly to your NiceHash account manager if you have been assigned one.
Community - Connect with fellow miners and experts:
Note that on our communities we DO NOT OFFER OFFICIAL SUPPORT. These are open communities where other users provide help and advice. For official support, always use the link above.
Follow Us for Updates and Tutorials
Ready to Start?
Sign up today and unlock the full potential with NiceHash.