We have received many questions regarding mining to external wallet addresses. Mining to an external wallet address is deprecated and not recommended on the NEW NiceHash platform. 

To learn more about the transition from the old platform, please read this article.

WHAT WILL HAPPEN WITH EXTERNAL MINING AFTER THE TRANSITION?

If you are using an external wallet address for mining, you will still get paid under the same conditions. After the transition, you will have to enter your external mining address here. Just like on the old platform, all information about your mining earnings will be displayed. All balances (unpaid balance and Repayment program balance) will also get transferred to the new platform, so you don't have to worry about anything. Please read further to learn why you should switch from external mining address to the internal mining address.

WHY SHOULD YOU REGISTER AND USE INTERNAL WALLET ADDRESS FOR MINING?

Although mining to an external wallet address will keep working on the new NiceHash platform, we will technically not support or develop it further.

Here are the main reasons why you should switch to the internal wallet mining address:

• Faster payouts - the new platform allows you to get paid every 4 hours!
• Smaller service fees - pay only 2% service fee (internal) vs. 5% (external)
• Remote control - manage your mining rigs remotely with Rig Manager!
• Instant exchange - use NiceHash integrated exchange to trade your earnings!
• Free Coinbase withdrawals - withdraw to your Coinbase account without any fees!

HOW TO START MINING TO AN INTERNAL WALLET ADDRESS?

1. Register your account at NiceHash. It's free.

2. Navigate to your Mining dashboard.

3. Click Mining Address button.

4. Copy the provided mining address and use it with your NiceHash Miner or NiceHash OS!