What is NiceHash?

NiceHash is an online marketplace for buying and selling your computer’s hashing power, as well as a mining pool.

NiceHash has been operating as a mining service provider since April 2014. According to its stats, it has over 99,000 daily active miners, more than 4,311,000 orders served, and over 197,000 BTC paid out.

NiceHash has servers located in Amsterdam, Chennai, Hong Kong, San Jose, Sao Paulo, Tokyo, and other locations across Europe and the US. The platform uses CloudFlare to ensure the protection of their site and Bit Go bitcoin wallet to ensure and secure BTC deposits.

How NiceHash Works

NiceHash enables owners of computing power to either sell it or buy it for mining purposes. Buyers can place an order for hash power right after they registered for an account, and sellers have the option of remaining anonymous by not registering at all.

NiceHash Mining Algorithms

The platform supports a list of 34 different algorithms, including SHA-256, Blake, Equihash, Scrypt, X11, X13, X15, and many others. You…

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Source: https://thebitcoinnews.com/nicehash-review-introduction-to-the-cloud-mining-platform/