It was back in December when the unfortunate news spread that the well-known mining marketplace Nicehash had been hacked; and not only this, the losses were valued in around $60 million that used to belong to funds of different users of the platform.
Regarding the subject, Nicehash released a public statement on Reddit declaring: “…our payment system was compromised and the contents of the NiceHash Bitcoin wallet have been stolen. We are working to verify the precise number of BTC taken”.
Of course, the whole situation was a significant concern for the users of the marketplace, which as a consequence, started the task of seeking a Nicehash alternative to use. Following I’ll specify three different option, you could be using if you want to surpass the now not-so-popular mining market platform.
Minergate could definitely be an excellent alternative to move on from Nicehash; it functions in a very professional way and has one of the cleanest interfaces among its rivals, a fact that of course has granted it a very good traction in the market.
Regarding configuration, Minergate gives great usability but requires, on the other hand, a more elaborate setup than Nicehash — so perhaps you need to invest a little extra time configuring your hash.
The same way, it has a few restrictions when it comes to the payout, where the platform compels you to take out the money in the exact currency you were mining, dissimilar to Nicehash, which gathers all of your hashing results and give it back to you in Bitcoin.
However, the platform offers you a great solution for this problem, nothing less than its very own exchange net called “Changelly”, with which you will be able to trade your mined tokens into the one you prefer the most.
All in all: On Minergate you can get a clean interface, different mining currencies, customizing options, low fees, and a smart miner that allows you to choose the more valuable coin. Nonetheless, it also has awful hashing rates and the earnings release time lasts longer.
WinMiner is a pro-privacy platform that allows you to turn your computer into an amazing cash retribution; the recognition made off the hashing is obtained in popular cryptos like Bitcoin or Ethereum, or even fiat currencies, like USD.
It works in a simple way; the platform gives you an estimation of how much you can make and what you need to set up in order to get it, retributions are very solid, transactions are entirely private — and the best of all, you can take out the money whenever you want, being able to even cash out from $10 up.
All in all: With WinMiner you can substitute as well Nicehash — it offers you the best payment possibilities, including Paypal, Amazon and more. The software is very easy to interact with, and you don’t actually have the need of creating a wallet. Besides, its intuitive algorithm informs you of your daily revenue and your expectations as well. Nevertheless, it exercises an excellent control over your mining activity, is very closed and unclear, and finally, it mines unknown currencies of which you don’t have a domain.
HoneyMiner enables individuals to make passive income for the rest of their lives with their computer system mining cryptocurrencies. The easy-to-use app is optimized to calculate the profitability of mined coin to know what to mine for best profit. All that’s needed is to activate the app, and the program does its thing with no additional effort from users.
To get started, click on the “Start earning now” or the “Download” buttons at the top of the page and the app, which presently is built for the Windows OS will be automatically downloaded to your PC. The MAC version of the software currently is under development and should be released shortly.
After a successful download, you are required to go through a simple registration which tracks your activities on the platform. For this process, you all that’s needed is a valid email address, and a secure password will be generated for you.
When mining, you see the break down of all activities which includes the coin being mined at that particular time. All mined coins are converted into Bitcoin cryptocurrency in which all payouts are made.
All in all: This app is the best alternative to solo and pool mining which have proven to be not so rewarding in recent times. Nevertheless, though mining with your processing power is profitable, adding a GPU to boosting mining will fetch even more profit for you in the long run.