Nicehash alternatives for bitcoin mining and other cryptocurrencies

You might have heard that the tremendously popular common mining tool nicehash is down because they have been hacked and you are looking for a quick and hopefully just a simple alternatives.

Well, you are on the right page because I am going to walk you all through the potential options that can hopefully fill the gap for your crypto needs so you are not without your precious internet money for too long.

I have three candidates to walkthrough and I will be going through the pros, cons and basic setup processes for them to hopefully get you through it.

This post is not meant to tell you what to do, this post exists to give you the best information that I can so that you can make your decision yourself. Some information will be my subjective opinion and some of it will be the subjective facts buts as far as recommending which is the best nicehash alternative you will have to work that out based on your actual needs.

Without further ado, let us get into the nicehash alternatives you can possibly check out to fill the gap in the recent crypto market.

1. Minergate

It appears to be the most professional, as far as the cleanliness of the interface is concerned. Minergate has a very clean aesthetic design but it will require you to do a bit more work to setup then nicehash. Minergate payout in the actual crypto that you are mining, unlike nicehash which take all your hash power and pay you in bitcoins. You can mine many different cryptocurrencies in minergate. Minergate also offers their own exchange changelly which make thing much easier for the user to exchange their cryptocurrencies. The fees for minergate also are fairly low. MinerGate also provides the opportunity to purchase cloud mining contracts for Bitcoin and some other coins.

pros

1. Clean interface.

2. Mine in different currencies and diversify your assets in different wallets.

3. Customized mining options.

4. Low withdrawal fees.

5. Has the smart miner that can switch back and forth to the most profitable currency.

Cons

1. Terrible hashing rate giving rise to many speculations

2. Takes a long time for your earning to be confirmed. It has been one week already and my earnings are not confirmed yet. However there is no reported case of minergate leaving its user unpaid, they just take some time.

signup for Minergate! 

2.Winminer

According to their official webpage,"We are strong believers in the “Economy of Things”. We all own things that we paid for with money we earned through hard labor. Why not let the “Things” pay us back? Just like a land lord expects his vacant apartment to pay him the rent fee we should all expect our Things to pay us rent as well. Now that’s easier said than done, it requires making a market place for each type of Thing and managing supply and demand sides and enforce fair use etc. We have seen it being done by AirBnB to vacant rooms by Uber to vacant seats in a car, and now we are trying to do it for your computer (when you don’t use it).

We believe it should be simple

We believe it should be meaningful

We believe it should be done with full control kept by YOU the computer owner

So we created WinMiner 
And we love to hear from you."

Pros

1. Best payout variety including PayPal,amazon etc.

2. The software is simple to setup and easy to use and no need to create a wallet.

3. Tells you daily revenue and what you can expect.

4. Intuitive web management software.

Cons

1. It has way too much control over what you are mining. You don't get the representation of what you are mining besides the payout currency.

2. Mines weird cryptos and you have no control over that.

3. Closed off and no transparency.

Signup for Winminer!

3. Kryptex

while primary page looks clean, design and software are very easy to get going but it needs a lot of improvement especially with the language which is pretty much all in Russian. As far as the miner itself it is actually as minimal as the winminer app which can run on the windows and start CPU mining. They also have an affiliate program where you can earn 10% on your referrals.

Pros

1. Simplest among the three to set up.

Cons

1. Lack of transparency in what you are mining.

2. Lack of ability to change what you are mining.

3. Likely massive hidden fees for referral scheme.

Signup for Kryptex!

Although I wouldn't tell you what to do, I would never use kryptex even if I run out of any other option.I hope this post may have provided you with enough information that you can make the decision for yourself.

If you have any suggestion or know of any other mining tool that you feel should have made to this list, let me know in the comment!

Thanks for dropping by.

Read more: 
5 best altcoins to mine in 2018

Mining altcoins on a laptop