Software Alternatives, Accelerators & Startups

NiceHash VS SimpleMining.net

Compare NiceHash VS SimpleMining.net and see what are their differences

NiceHash logo NiceHash

Bitcoin Cloud Mining

SimpleMining.net logo SimpleMining.net

Easy, plug & play Operating System designed for mining with GPU rigs.
  • NiceHash Landing page
    Landing page //
    2023-09-16
  • SimpleMining.net Landing page
    Landing page //
    2023-10-20

NiceHash features and specs

  • User-Friendly Interface
    NiceHash provides an intuitive and easy-to-navigate interface, making it accessible for both beginners and experienced miners.
  • Instant Payouts
    Miners can receive payouts quickly, allowing them to have regular access to their earnings without long waiting periods.
  • Multi-Algorithm Support
    NiceHash supports a wide range of mining algorithms, offering versatility and the ability to switch based on profitability.
  • Marketplace for Hash Power
    Users can buy and sell hash power, providing flexibility and a potential source of passive income.
  • Integrated Wallet
    NiceHash includes an integrated cryptocurrency wallet, providing convenience and security for storing earned funds.
  • Automated Profit Switching
    The platform automatically switches mining to the most profitable coin or algorithm, optimizing earnings.

Possible disadvantages of NiceHash

  • Service Fees
    NiceHash charges a percentage of the mining earnings as a service fee, which can reduce overall profitability.
  • Centralization Risk
    Using a centralized platform like NiceHash can pose risks associated with security breaches and potential downtime.
  • Exchange Rate Risk
    Payouts in Bitcoin subject users to fluctuations in BTC value, potentially impacting the fiat value of their earnings.
  • Limited Control
    Users have less control over which specific coins they are mining compared to self-managed mining setups.
  • Dependence on Market Conditions
    Profitability is highly dependent on current market conditions, which can be volatile and affect earnings unpredictably.
  • Minimum Withdrawal Amounts
    NiceHash enforces minimum withdrawal limits, which might delay access to funds for smaller-scale miners.

SimpleMining.net features and specs

  • Ease of Use
    SimpleMining provides a user-friendly interface and straightforward setup process that makes it easy for users to start mining without extensive technical knowledge.
  • Remote Management
    The platform allows for remote monitoring and management of mining rigs, enabling users to oversee their operations from anywhere.
  • OS for Mining
    SimpleMining offers a dedicated mining operating system designed to optimize the performance of mining activities.
  • Regular Updates
    The service regularly updates its software to support the latest mining algorithms and hardware, ensuring users have access to the best tools available.
  • Community Support
    An active online community and helpful support resources are available to assist users with troubleshooting and optimizing their mining setups.

Possible disadvantages of SimpleMining.net

  • Subscription Cost
    SimpleMining charges a subscription fee, which can be a downside for those looking for a free mining management solution.
  • Limited OS Scope
    As a specialized mining OS, it may not offer the flexibility or functionality that general-purpose operating systems provide for other tasks.
  • Hardware Compatibility
    While SimpleMining supports a wide range of hardware, there may still be compatibility issues with less common mining setups or newer hardware releases.
  • Not Open Source
    The software is not open source, which may be a concern for users who prefer transparent and modifiable code.
  • Internet Dependency
    Since it relies on remote management, a stable internet connection is necessary for optimal operation, which could be a limitation in areas with poor internet connectivity.

NiceHash videos

NiceHash Review 2020 | Buy and Sell Mining Hashpower | Hack | 51% Attacks

More videos:

  • Review - Nicehash Miner Pros & Cons - Is Nicehash Miner Profitable?
  • Review - NICEHASH 2020 Miner UPDATE - COMPLETE OVERHAUL!

SimpleMining.net videos

SimpleMining.net Tutorial

Category Popularity

0-100% (relative to NiceHash and SimpleMining.net)
Cryptocurrencies
91 91%
9% 9
Bitcoin
93 93%
7% 7
Finance
75 75%
25% 25
Mining
100 100%
0% 0

User comments

Share your experience with using NiceHash and SimpleMining.net. For example, how are they different and which one is better?
Log in or Post with

Reviews

These are some of the external sources and on-site user reviews we've used to compare NiceHash and SimpleMining.net

NiceHash Reviews

Top 10 NiceHash Alternatives In 2020
Hash Auger is another good multi-algorithm NiceHash miner alternative designed for Windows rigs with Nvidia GPUs. It allows users to set algorithm-specific overclocking and miner settings per GPU. Unlike other algorithm switching NiceHash alternatives, this mining software is written in a high-performance programming language that is much more robust than PowerShell. It...
Best NiceHash Alternatives | 2020 Guide
Even though NiceHash proved that the team behind the project is composed of true professionals, and mining operations were quickly relaunched after various internal investigations, there are some out there that have lost faith in NiceHash.
Source: coindoo.com
Top 4 Best User Friendly Alternatives To NiceHash (Updated 2019)
MinerGate’s advantage over NiceHash is you don’t store your coins on the platform. Mined cryptocurrencies are paid directly into your wallets when minimum payouts are reached. So the fear of losing a considerable chunk of bitcoins if the mining company goes down is out of the way. Minergate vs Nicehash? The Nicehash platform is way more profitable than the Minergate one, but...

SimpleMining.net Reviews

We have no reviews of SimpleMining.net yet.
Be the first one to post

Social recommendations and mentions

Based on our record, NiceHash seems to be a lot more popular than SimpleMining.net. While we know about 82 links to NiceHash, we've tracked only 4 mentions of SimpleMining.net. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

NiceHash mentions (82)

  • Scam ?
    You have to research ....don't send them any more money. Why would you need to put in $20? You've only lost $10 so keep it at that. You're better off using nicehash.com . They are legit. You don't have to spend anything. Source: over 1 year ago
  • Can someone please explain how exchange rates work?
    Buy BTC on Strike (ZERO fees only a market spread) send to Nicehash (only need email for acct- helps opsec). They have coinswap for a .04% fee (coinswap on nicehash has to be used w/ VPN for England/other non US country), change BTC to desired Monero and send to final wallet. Doesnt take as long as it sounds, and saves on fees as nicehash has no deposit or transfer fee. Only the small coinswap one. Source: about 2 years ago
  • Nicehash website doesn't open error 403
    Hmm well I got in just fine, and when I click on your link, it takes me to: https://nicehahs.com/ and I get the same error as you. But if I got to nicehash.com, I can log in just fine. Source: over 2 years ago
  • MY ISP Blocking NICEHASH.COM Website !
    Anyone else getting this issue, its been like 2 days, I cannot login to nicehash.com. Source: over 2 years ago
  • nicehash.com website log in/sign in issue PC only solved...
    I couldn't login to the nicehash.com website on my pc for a while now, nicex.com did work. Logging in on Android worked as did mining on my pc. Contacting support didn't work...no response other than the canned one. Source: over 2 years ago
View more

SimpleMining.net mentions (4)

  • A problem on a Rig consisting of 5 GPUs. After a crash only 3 GPUs work but freeze after a few hours. After I plug in the fourth GPU the Rig will not boot - black screen but the Rig is on (cpu, gpu and psu fans are running).
    I could go on for hours troubleshooting if none of these work please consider any Linux based mining OS. HIVEOS I know used to come with like 3 free rigs, I've heard lately you get one, its easy to use, easy to setup and flash, all is controlled from a web page, I use SMOS simplemining.net works great and if your psu is the problem it will likely tell you depending on the miner you use, but whatever miner you use... Source: almost 3 years ago
  • HiveOS/HivePool bans users for seeking clarity
    Don't forget simplemining.net it's cheaper than hiveos also. Source: over 3 years ago
  • Mining software that aren't viruses
    a clean solution is to use a dedicated OS, check https://simplemining.net/ you are managing the miner through a web gui afterwards. Source: about 4 years ago
  • HDMI connected GPU throws invalid shares?
    I was using gminer through simplemining.net, I used to get errors on DAG generation on the problematic card on each rig. I've read up a bit and this seems to be a known issue for RTX 30xx series cards. Source: about 4 years ago

What are some alternatives?

When comparing NiceHash and SimpleMining.net, you can also consider the following products

MinerGate - Start mining effectively with your computer or smartphone. Squeeze the most profit automining coins with the highest rates.

Nanopool - Nanopool is an online cryptocurrency mining pool that supports multiple cryptocurrencies like ZCash, Ergo, Monero, Ethereum, Ethereum Classic, Raven, and Conflux.

Cudo Miner - Mining crypto on Windows, Linux, Mac made easy 🤑

PhoenixMiner - PhoenixMiner is a highly efficient, stable, and secure Ethash miner with support for AMD and NVIDIA GPUs.

Genesis Mining - Genesis Mining is a large cloud mining company and hashpower provider for Bitcoin and Altcoins.

ViaBTC - ViaBTC is one of the popular cryptocurrency mining services that cater to the needs of its global audience by providing them with mining for several cryptocurrencies such as DASH, BTC, ZEC, LTC, ETH, and many more.