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Author Topic: Have you guys been using Nicehash?  (Read 279 times)
ChromeMax
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May 30, 2017, 02:39:16 PM
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So basically, nicehash is a program that utilizes your pc to mine for various alt coins that are currently the most profitable to mine. It then converts all the mined crytptocurrencies into BTC and transfers them to your wallet after a certain payment threshold. Have you guys used it and what are your opinions on it?

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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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MrN1ce9uy
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May 30, 2017, 02:55:46 PM
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I was curious about this myself. I installed it and got it running just to see how it works. Seemed to profit. But I went back to mining ETH with Claymore. Suppose I'm also wondering what other's think about it.
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May 30, 2017, 03:12:13 PM
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It should be obvious that you'll pay a "convenience fee" to have your altcoins automatically converted to Bitcoins. How it compares to manually converting with a conventional exchange I'm not really sure.

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