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NiceHash at Bitcoin 2022 - Recap

This year, the world’s largest Bitcoin conference happened at the Miami Beach Convention Center. Bitcoin 2022 saw anywhere from 25,000 to 30,000 visitors during its 4 day run from 6-9 April. Of course, NiceHash could not miss an event of such magnitude! In this article, we will look back at our participation in the event.

Industry Day - 6 April

The industry day was packed with business men and women from all over the world! We were able to have deep conversations with industry leaders and met with some of the best developers.

Below is a picture of the developer OhGodAGirl, who visited our booth at the end of the industry day. She shared her insights on the crypto industry and gave some thoughts about Ethereum 2.0. We are eager to invite her for a future NiceTalk show, so stay tuned!

General Admission - 7 & 8 April

The General Admission (GA) days were when the true fun started. There was a significantly larger number of visitors during these two days. Some barely knew what Bitcoin or crypto mining was, while others were running farms with hundreds of thousands of ASICs! Most people were there on a mission. To learn more about crypto, to find solutions to some of their problems or simply to connect with other like-minded people.

During the GA days, there were also many NiceHash users coming to visit our booth. It was a truly wonderful experience to engage with our miners and help them figure out what they could do to increase their profits, to maintain their hardware or even to give them insights about the current state of cryptocurrency mining.

Many are still looking into investing in cryptocurrency mining and NiceHash is the perfect service for this - be it for ASIC or GPU mining!

If you have an ASIC you can take advantage of NiceHash’s profitability switching. This means that you do not need to take down your mining operation and reconfigure your ASIC farm to mine a different coin that uses same algorithm. Moreover, by selling your hashpower in our marketplace, you will always get paid in BTC, so you won’t be holding various altcoins that you need to transact and convert.

GPU miners have an additional advantage with NiceHash Miner. It automatically changes to the most profitable algorithm, should there be market swings that make one coin more profitable than another. This will prove exceptionally useful for miners once Ethereum moves to proof-of-stake (PoS) with The Merge. With ETH 2.0, mining ETH will no longer be possible.

When this happens, many cryptocurrencies will share similar levels of profitability and NiceHash will give an edge to miners, boosting their profits compared to pool mining.

We explained this to many who visited our booth, including to the Miami Beach PD! The officers were amazed by how they could be making money with their gaming PCs. This is nothing new to our miners, but it is still something that many do not yet realize.

If you haven’t already, give mining a try!

Start Mining

Sound Money - 9 April

The last day of Bitcoin 2022 was marked by a music festival titled Sound Money. Two enormous stages were live, so you only had to choose which songs you liked the most. Not always the easiest decision to make.

NiceHash Shop

During the Bitcoin conference, NiceHash completed its 8th anniversary. To celebrate, we opened a NiceHash Shop where our users can purchase many kinds of merchandise! From hoodies and T-shirts to mugs and notebooks, we got you covered! Most importantly, you pay with Bitcoin. Use the code MIAMI22 for 20% off!

Visit the Shop

Is there an item you’d like to see in the shop? Let us know on social media!

WRITTEN BY
André Baptista
André was NiceHash's Media & Communications Manager. He managed the company's socials, crafting engaging content, and much more. His mission is to educate on blockchain technology, having frequently represented NiceHash in industry events.