Assets, Bitcoin

Is NiceHash Only for Bitcoin?

NiceHash is a Slovenian based company that offers a cryptocurrency cloud mining service. The company claims to have over 700,000 users and has mined over $1.

6 billion worth of cryptocurrency since 2014. The service allows users to buy and sell hashing power on an open market, with the company taking a 3% cut of all sales.

The service was launched in 2014 and was originally only for Bitcoin. However, in 2017 the company added support for Ethereum, Zcash, Monero and other altcoins.

NOTE: WARNING: NiceHash is not just for Bitcoin, and using it to mine other digital currencies may be a risky venture. Before using NiceHash with any digital currency, be sure to research the cryptocurrency market, understand the risks associated with mining, and be aware of all relevant laws and regulations. Additionally, be sure to keep your antivirus software up to date and always use caution when downloading software from unknown sources.

This has made NiceHash one of the most popular cloud mining services available.

So, is NiceHash only for Bitcoin? No, the service now supports a number of different cryptocurrencies. However, Bitcoin is still the most popular option on the platform.

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