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Nicehash Miner: Step 1: Create Bitcoin Wallet

The document provides a 5-step guide to using NiceHash Miner: 1) Create a Bitcoin wallet, 2) Run the NiceHashMiner executable, 3) Enter your Bitcoin wallet address, 4) Benchmark your system, and 5) Start mining. Payouts are automatic when unpaid balances reach 0.1 BTC four times a day, 0.01 BTC once a week, or 0.001 BTC once every four weeks. Earned bitcoins can be used to buy content, games, gift cards, and exchanged for fiat currencies.

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Aranna Khan
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122 views2 pages

Nicehash Miner: Step 1: Create Bitcoin Wallet

The document provides a 5-step guide to using NiceHash Miner: 1) Create a Bitcoin wallet, 2) Run the NiceHashMiner executable, 3) Enter your Bitcoin wallet address, 4) Benchmark your system, and 5) Start mining. Payouts are automatic when unpaid balances reach 0.1 BTC four times a day, 0.01 BTC once a week, or 0.001 BTC once every four weeks. Earned bitcoins can be used to buy content, games, gift cards, and exchanged for fiat currencies.

Uploaded by

Aranna Khan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Quick guide on how to use

NiceHash Miner

Step 1: Create Bitcoin wallet


You can use any provider you like, but here are some suggestions:

- BitGo
Sign up Instructions

- Coinbase
Sign up Instructions

Step 2: Run NiceHashMiner.exe


Complete the installation by following the settings:
- Read and accept Terms of Use
- Select the language
- Read the disclaimer on 3rd party miners and decide if you want to include
them
- Wait for miners to download

Step 3: Enter your Bitcoin Address


By creating a wallet in the first step, you have gained an option to generate
»receive address«. Enter this address in the field »Bitcoin Address«.

The same Bitcoin address can be used on multiple computers or mining devices.

Please note that if you have registered on NiceHash you have received a NiceHash
deposit Bitcoin address which should not be used for mining. This address is only
meant for buyers to deposit the funds.

You can change »Worker name« to track your statistics or leave it as it is.

https://www.nicehash.com/
Step 4: Benchmark
First, click the button »Benchmark« and then click the button »Start«. The
benchmark process will take few minutes and it is used to identify the speed of
your GPU and CPU and find the most profitable mining algorithm for you. After
benchmark is finished, you can close the benchmark window.

Step 5: Start
Click on »Start« to start mining. Note: This will bring to life some black CMD screens
on which you can monitor what is going on while mining.

When will you get paid?


The payouts are automatic and scheduled as:

- Four times a day if your unpaid balance is greater than 0.1 BTC.
- Once per week (usually each Saturday at 23:00 UTC) if your unpaid balance
is greater than 0.01 BTC.
- Once every four weeks if your balance is greater than 0.001 BTC.

Where can you use earned bitcoins?

You can buy content You can buy games You can buy gift You can exchange
with bitcoins on and software with cards from many bitcoins for USD,
Xbox and Windows bitcoins on Steam - online retailers EUR, GBP or JPY on
store desktop gaming including Amazon Kraken or any other
platform and Ebay exchange site

Note that NiceHash is not associated with any of these providers and does not guarantee for their
services.

https://www.nicehash.com/

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