- Are you searching for the best Nicehash alternatives?
You are in the right place but before that let me tell you one thing.
In Bitcoin’s first decade of existence Bitcoin, miners have cumulatively collected $14 billion ( for transaction fees plus the block reward) in exchange for their services in securing the Bitcoin network.
This explains why the global interest in mining Bitcoin is on the rise.
Of course, there are other reasons too such as individual interest in exploring Bitcoin mining, lack of sufficient options to buy Bitcoin directly in fiat or cheap/free electricity in certain areas to try mining, etc.
But in any case, everyone wants the best return on their time and monetary investment. Certainly, Nicehash hasn’t been providing that return so users like you are in search of alternatives to Nicehash and here are those:
Top Alternatives to Nicehash for Mining in 2020
Some of the best nicehash alternatives which our team found for you to use in mining in 2020:
Honeyminer is a reliable alternative to Nicehash and is quickly gaining traction in the crypto space. This is especially amongst aspiring miners who don’t want the hassle of maintaining their own rigs.
Honeyminer’s Hotel Honey program provides on-demand GPUs for mining cryptocurrencies and pays you back in Bitcoin. Of course, you can buy mining power on Nicehash too, but the process looks cumbersome.
Also, why to do that when Nicehash has been yielding lower returns for the same amount of investment as reported by many users on reddit. (You can also read our detailed review of Honeyminer)
According to my calculations too, Honeyminer could yield a bit more than Nicehash when committed for a long period of time.
If you are interested in buying some hash power through Honeyminer’s on-demand GPUs here is the deal:
The other deal is, you can download Honeyminer’s software with automatic algorithm switching capability to harness the power of your powerful computer or GPUs that might be lying ideal with you. Go to this link and sign-up using your email. You will also get free 1000 Satoshis for doing this.
#2. Cudo Miner
Cudo Miner is an attractive Nicehash alternative that you can use right now.
Cudo Miner is a multi-algorithm, feature-rich GPU & CPU miner with automatic algorithm switching capability so that you get the best returns on your investment
The Cudo Miner software is available in macOS, Windows, and Linux.
If you are experienced miner and want to manually decide which coin to mine with your CPUs or GPUs, you can very well do so. Also, get a detailed breakdown of all GPU’s and CPU, live hashrate readings, benchmark results per algo, earnings, temperature readings, and GPU driver versions, etc. to efficiently mine cryptocurrencies.
Lastly, get 10,000 satoshis right now as a joining bonus as soon as you sign-up, download, and connect your device for mining.
Kryptex is for beginners wanting to get their hands dirty with cryptocurrency mining with almost no investment.
Kryptex is a windows based cryptocurrency mining software that pays you in bitcoins for providing the computing power. Kryptex software harness the power of thousands of computers running Kryptex software and combines it to mine the most profitable coin as pee the market conditions.
But the app is only available in Windows as of now and as per your processing power, you can expect to earn this much when you run Kryptex software:
The software is also well designed to show you the status of your hardware and your potential earnings so don’t worry about the dashboard part to manage your mining.
BetterHash another cryptocurrency mining software and a decent alternative to Nicehash’s mining software.
BetterHash is only available for Windows users but works on almost the same principle as other mining software. BetterHash software automatically picks ups which coin to mine amongst is choices.
The algorithm switching also happens automatically through BetterHash, and you also get to see the estimated earnings as per the capabilities of your PC.
It is not wrong to say that the software focuses on PC owners. Especially the beginners as seasoned miners would naturally want more data to see their mining performance.
MinerGate is one of the oldest standing multicurrency mining pools created in 2014 by a group of blockchain enthusiasts.
They specialize in providing the most accessible mining software, reliable 24/7 support service, and helpful community to help you navigate through the complex world of crypto mining.
MinerGate’s xFast GUI Miner is a high-performance crypto mining software capable of generating maximum hash power and overall performance when you connect it with your GPUs or CPUs.
As of now, it is trusted by 3.5 million users who are running this software. It is available for Windows, MacOS, and Linux systems capable of automatically switching amongst the best cryptocurrencies to mine for you.
Over to you now
Mining is an exhaustive affair, and it only makes sense to try mining if you want to commit for a long time. Atleast a year or two to understand the game.
Your investment in mining also only makes sense when you anticipate that the hash rate of a certain coin is always going to lag behind its price appreciation over the period of your commitment. This will naturally fetch you more coins in that time frame instead of directly investing in the coin itself.
But I understand these are difficult questions to answer, but with a bit of serious research and awareness you can boil down to these things.
Lastly, if you wish to try mining and don’t want to have the headache of maintaining your software/hardware devices, you could try Honeyminer. Honeyminer’s product helps you get started with cryptocurrency mining most simply while avoiding any maintenance of CPUs or GPUs. But make sure only to buy hashing power for the long term!!
Happy mining & Adios !!