Overview

16/10/18 12:10 UTC-4

NiceHash: overview of the Cloud-Mining Service

NiceHash Crypto Market
NiceHash Crypto Market

NiceHash is one of the world's top companies selling and purchasing hash-powers.

 

About company

It was created on March 24, 2014. The initial task of the company was to unite the market of sales and purchases of hash-capacities in one system.
Today, their clients are more than 175,000 miners, traders and investors. About 3 million orders and 80,000 BTC were paid to users.

Interesting in the section: Mining on the phone. Description of the program for mining

Customers have several options for market activities:

  • sell the farm and its hash capacity or lease;
  • buy power and farms or rent;
  • choose a pool and any of the cryptocurrencies presented.

Coins on NiceHash market:
Litecoin, DogeCoin, FedoraCoin, BlakeCoin, Bitcoin, Crypto, Bitshares, EmerCoin, Digibyte, LeoCoin, StartCoin Dash, FuelCoin, VCash, HTMLcoin, HellenicCoin, AmsterdamCoin, AmberCoin, Maxcoin, MaryJane, TalkCoin, Feathercoin, Orbitcoin, PhoenixCoin, Vertcoin, VanillaCoin , DGB-Qubit, Quark, Axiom, Decred, Diac, Holdcoin, Ethereum, Ethereum Classic, Monero, DigitalNote, Lbry, Zcash, Cash Classic, Zencash, Hugh, PascalCoin, SIBCoin, Verge & Signatum, Siacoin, NevaCoin.

Also, in addition to choosing any of the 24 coins presented, there is the possibility of choosing the pool that suits you.

 

Work principles 

And only after you decide on the details of further work, you can proceed to placing an order on the market. The principles of the company are such that buyers can place orders immediately after passing the first stage of registration. NiceHash only requests a registration password and an email address. Then you need to make a payment of at least 0.01 BTC. You can also choose the US or EU market, then indicate the maximum price that you are willing to pay for the computing power provided. The price is set in BTC regardless of the cryptocurrency you have chosen for mining.

Interesting in the section: Hashing24: overview of the Cloud-Mining Service

One of the advantages is that the company does not require payment of advances and subscriptions to the service. Bitcoin will be consumed from your account as you mine.

For customers who want to sell, NiceHash proposes to put up their mining farms and sell sales of computing power. You have the opportunity to rent your computer equipment, video card, farm or ASIC and earn on each transaction. You also need to choose an algorithm for mining and the proposed location.

NiceHash servers are in San José, Amsterdam, Chennai, Hong Kong, San Paulo and Tokyo.

Editor: Alyona Nabok

#NiceHash #cloudmining #cloudhashing #mining

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