If you own a SHA256 ASIC and are not mining at NiceHash you are missing out on profits.

If you would have been mining on NiceHash since the 23rd of September you would have earned on average an astonishing 6.4% more than mining Bitcoin directly with a mining pool.

CONNECT YOUR ASICS

How can NiceHash help you earn more than mining directly?

NiceHash can help you earn more than mining directly by using an additional revenue stream that goes to the sellers (miners) of hashing power. One of the main additional sources is our latest product called EasyMining.

We introduced EasyMining on September 23rd, 2022. Since then, on average, NiceHash payrates were at around 6.4% more than mining directly. There were occasional spikes to even 40% more! Remember that NiceHash is a hashpower marketplace where buyers are competing against each other, that is why the price can fluctuate.

Traditionally, the only source of revenue for miners is blockchain block and transaction fee rewards that are generated by the blockchain network, as a reward for successfully confirming a block of transactions.

NiceHash came up with an alternative solution that adds another source of revenue. Miners mining at NiceHash have now additional source of revenue:

• Packages sold via EasyMining

What is EasyMining?

EasyMining is a product that allows users to buy a package of hashing power and try to solo mine a block. This gives them an ability to try to confirm the block and get the full block reward. EasyMining is targeted at the general public, and is very easy to use. It requires no hardware and practically zero mining experience to get started.

You can read more about EasyMining here.

Still not convinced? Discover the benefits of mining at NiceHash.

Data

Check the live data here.

Last updated: 13th of February 2023.

Past 7 days: 6.85% more than mining directly.
Past 30 days: 5.93% more than mining directly.
Since launch: 6.30% more than mining directly

Data Transparency

We extracted the publicly available data from 3rd party sites and our public API for generating the above data.

• The Bitcoin Hashprice index is obtained from this page.
• The NiceHash payrate is obtained from the public NiceHash API found here. You can find a user-friendly graph here.
• No fees are used in the above data. The NiceHash service charge is 2%. BTC pool fees range from 4% to 1%.

You can also find publicly available data from 3rd party websites like whattomine.com. Note that Whattomine unjustly uses 3% fee for NiceHash and 1% fee for Bitcoin.

Here is an example of S19 profitability based on the whattomine, which includes a 3% fee for NiceHash. Increase NiceHash profitability by 3% to get actual daily profits.

FAQ

Who can I speak to for additional queries?
Feel free to contact farms@nicehash.com, where we will connect you to our key account manager.

Is NiceHash compatible with all ASICs and mining farm operations?
Yes, NiceHash is compatible with most modern ASICs like Antminer, Whatsminer, and Avalon. Note that modern ASICs support the AsicBoost protocol only by default and will not work on ordinary SHA256 protocol. You must connect your ASIC to SHA256AsicBoost stratum server.

You can read more about mining at NiceHash as a big mining farm here.

Is KYC or a user account required to mine at NiceHash?
No, neither KYC nor a user account is required to start mining at NiceHash. You can connect to NiceHash in the same manner as you would to any other pool. Read more here.

Will my farm be connected to one order and paid by just that order?
No, a miner (seller) is being paid from a combined bucket of orders. The average of all orders, including hashpower marketplace and EasyMining, is then used.

What reward system does NiceHash use?
NiceHash uses a RTPPS reward system.

Is there enough demand on the buyer side?
Yes, we are confident that there is enough demand. We are currently facing the opposite issue; there is not enough supply for all the buyers.