How buy hash power NICEHASH.

How to mine Ethereum by Nicehash.

Step 1

Create new account at NiceHash.com

A NiceHash account will allow you to:
- Deposit and withdraw Bitcoins for your orders
- Create orders and buy hashing power
- Save favorite pools

You will need
• Valid e-mail address

Step 2

Deposit some Bitcoins to your account Nicehash.

You can mine your favorite altcoins, but to buy hashing power, you will need to deposit Bitcoins to your NiceHash account. You can always withdraw deposited Bitcoins from your NiceHash account back to any Bitcoin wallet.

You will need
• Minimum of 0.01 BTC to deposit it to your NiceHash account

Step 3

Find a suitable pool that mines Ethereum.

Selection of the pool plays a big role in the final amount of mined Ethereum. Make sure the pool you selected can handle massive hash rate and loads of shares, especially from single connection.

You will have to choose
• Ethereum Pool
miningpoolhub.com
coinotron.com
hitchpool.org
ethpool.org
nanopool.org
ethermine.org

Step 4

Add selected pool to your pool list.

You can save your favorite pools and use them quickly when you want to mine Ethereum or any other coin.

Note that you will have to register at selected pool and create a username and password for your worker.

You will need
• Stratum hostname (or IP) and port of selected pool
• Username and password of your worker

Step 5

Create new order and start mining

When creating a new order, make sure that selected algorithm (for mining Ethereum) is DaggerHashimoto. If you want to bid on hashing power select Standard (bidding) order type and if you want a fixed order that cannot be outbid, select Fixed order type. Time of your order will be calculated automatically regarding the amount of BTC you want to spend on the order and per hash.

Fees:
- Non-refundable 0.0001 BTC is taken to prevent order spam.
- Refundable service fee is charged.

You will have to determine
• Amount of BTC you are willing to spend on this order
• Amount of BTC you are willing to spend per hash