Nicehash Review Summary
- ROI(yearly): -
- Mining contract: Trade cloud mining time
- Payouts: Daily
- Payment methods: Bitcoin
- Cost: Market price
- Minimum investment: Market price
- Allcloudminers rating: ★★★★✰
NiceHash Review Company
Nicehash provides a platform for hash exchange service and multipool. Nicehash offers you to buy and sell hashing power without contracts on a pay-as-you-go basis. Selling hashing power is as simple as connecting your miner to our stratum mining pools. Buyers can buy hashing power on demand, on pay-as-you-go basis. As a buyer you can put quick orders and rent massive amount of hashing power. You can point it to a pool of your choice and mine Bitcoins. You can also mine any other altcoins such as Litecoin, Dash and other emerging digital currencies. By taking advantage of variable coins mining difficulty and smart trading you can make great profits.
Nicehash support is available via email. They also have an extensive F.A.Q. section. Nicehash also has support via instruction videos which we found necessary.
NiceHash Review Risks
There are a few risks with Nicehash cloud mining. NiceHash is not affiliated with any of the listed services. Nicehash takes no responsibility for a particular service to not fulfill demands or expectations. Nicehash let you choose from the listed services at your own risk and judgement. Nicehash advise you to be careful with your money. When sending money to an exchange or other service you are trusting that the operator will not abscond with your funds and that the operator maintains secure systems that protect against theft - internal or external. It is recommended that you obtain the real-world identity of the operator and ensure that sufficient recourse is available.
Our view on Nicehash
Our view on NiceHash is, that it is a good alternative to multipools and cloud mining service providers. It can give you some profit, both as a buyer of hashrate and as a seller of hashrate. It also offers you with an opportunity to mine new coins. We found it complicated to understand the whole process. We used the information in the F.A.Q. and the instruction videos to understand the service.