Are you Looking for a good mining pool and how to mine Ethereum?
Here I have shown how you can mine Ethereum with NiceHash.
Table of Contents
What is NiceHash ?
NiceHash is one of the largest mining markets. NiceHash supports the mining of Bitcoin, Ethereum, Zcash, etc.
With NiceHash features, you can mine with GPU/CPU/ASIC.
It supports both GPU: AMD and NVIDIA.
Recently they have added an exchange where you can buy and sell coins that you have mined.
With NiceHash, you can estimate the profitability before mining.Â
Here is how you can calculate profitability.
Go to NiceHash Profitable Calculator.
Enter your electricity cost and how much device you have and select the device.
If you have 2 Nvidia RTX 3080, then your profit will be 19.96$ per day.
NiceHash will also help you to calculate before investing in a mining rig.
Payouts
Payouts to NiceHash wallet is 1000 satoshi.
(minimum balance is 1000 satoshi = 0.00001000 BTC)
If you want to compare with different markets for mining, you can check on Ethereum Mining.
Nicehash Miner Ethereum
First thing is you can’t get ethereum. They provide you BTC, you have to trade it with BTC.
Here is how to mine ethereum with nicehash tutorial.
Step 1: Go to NiceHash and Login/Sign Up.
Step 2: Navigate to Mining Tab.
Choose you to want to mine.
Step 3: Download NiceHash
Click on Start Mining.Â
Click on download miner.
Select according to your device.Â
Click Go To Github and Download button.
Select the latest files for downloading.
Step 4: Install
Installation is effortless. Just click next and agree.
Just click on Start Mining. It will provide you BTC, not Ethereum.
So what you have to do is, after getting BTC from mining, trade BTC with Ethereum.
Go to NiceHash Exchange and trade it.
Alternate of NiceHash
In 2018 NiceHash got hacked from that point on, and people were looking for alternatives to NiceHash.
Here is the list of alternatives to NiceHash Mining.
- NanopoolÂ
- F2pool – It mines almost 19% of block which is from china
- Ant Pool – It mines nearly 14%
- Binance Pool – Binance pool is growing fast, and it is the most trusted brand in the crypto industry.
- Huobi
These are some best pools for mining and an alternative to NiceHash. Most of the pools are from china.
China is the biggest miner of bitcoin in the world.
About Coinbase
Coinbase is an exchange where you can trade BTC with USDT. Buying bitcoin is easy, and Coinbase made it much more manageable. Within a few clicks, you can buy on Coinbase.
About Nicehash
NiceHash is a mining pool that helps you mine BTC with your graphic card, CPU, ASIC, etc. With bitcoin mining, you can get paid daily. NichHash did the mining part very quickly, have to download software and start mining. It will automatically detect your device.
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