How can I recover my money from NiceHash?

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To recover (withdraw) your money from NiceHash, you need to transfer your funds to an external cryptocurrency wallet or a linked exchange account. NiceHash primarily deals with Bitcoin (BTC), which you can then convert to traditional (fiat) currency through an exchange that supports fiat-to-crypto conversions.

How do I get my money out of NiceHash?

In general terms, you go to the destination (Binance in your case), start a deposit (of BTC, using Lightning Network, in your case), that will get you a Lightning Network invoice. Then you go to NiceHash, select withdraw, Lightning Network, and paste the invoice you got from Binance, that's pretty much it.

How long does it take to withdraw money from NiceHash?

Once your withdrawal request is approved, it takes between 10 minutes to 1 hour for the transaction to be confirmed on the Bitcoin network. However, this may be affected by network congestion. High traffic on the Bitcoin blockchain may result in slower confirmation times.

Why is NiceHash not allowing withdrawal?

There are 2 possible reasons why your withdrawals are locked: If you reset your password (and you don't have 2FA enabled), change an email, or disable 2FA, we will disable all withdrawals, API keys, and some parts of buying for your account for up to seven days.

How does NiceHash payout?

If you are a seller/miner of hashing power, you will get your mining payments to the NiceHash BTC (Bitcoin) wallet address. From this address, you will be able to withdraw your funds to any Bitcoin wallet of your choice. If you want to know more about when and how do you get paid as a miner, click here.

Bitcoin Mining on NiceHash trick that DOUBLED my earnings.

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Does NiceHash really pay?

Miners using NiceHash services earn Bitcoins for every valid share via the RTPPS (Real-time-pay-per-share) system. Please note that buyers of hashrate define the prices and we (NiceHash) only provide a feature-full marketplace (brokerage service) to enable you to rent out your computing power.

What is the 60 day rule for NiceHash?

NiceHash is a service provider, not a wallet provider, which means that, due to regulatory reasons, it is unable to hold users' funds for more than 60 days. Because of this, any funds that are in an account for longer than 50 days must be withdrawn to an Individual wallet.

Why is NiceHash not profitable anymore?

Profitability fluctuates all the time because of the buyer's orders on the NiceHash hashrate marketplace. If buyers demand more hashrate, the profitability will go up. If there are fewer (or smaller) orders on the marketplace the profitability goes down.

What is the minimum withdrawal from NiceHash?

What are the limits? The minimum amount sent to Individual wallets is 0.0002 BTC. The minimum amount sent from Individual wallets is 0.0002 BTC. Please check Other fees section to see more detailed structure about limits and fees.

How to cash out Bitcoin mining?

The main methods to cash out crypto mining rewards include centralized exchanges, peer-to-peer trading, crypto debit cards, Bitcoin ATMs, and OTC desks. Miners should account for exchange fees, network transaction fees, and tax obligations, as failing to do so can significantly reduce the final payout.

Can I transfer BTC to Coinbase?

Transfer crypto to your Coinbase Wallet from another wallet

Select Send. Select an asset and enter the amount to transfer. Enter the address of the other wallet. Confirm the transaction.

Has NiceHash been hacked?

The hacked service was NiceHash, a Slovenia-based mining exchange. It said it was working hard to recover the Bitcoin for its users, adding: "Someone really wanted to bring us down." The attack happened early on Wednesday, said NiceHash's chief executive Marko Kobal.

How to cash out on NiceHash?

Just follow these steps:

  1. Navigate to your BTC Wallet.
  2. Click Withdraw.
  3. Toggle the Virgin Coins option in the withdrawal window.
  4. Select your withdrawal address.
  5. Click Browse & Select to view available UTXOs.
  6. Choose the UTXOs you want (you can select multiple).
  7. Review and confirm your withdrawal.

What is the minimum BTC I can withdraw?

You need to withdraw at least 0.001 bitcoin to make a withdrawal using the Standard withdrawal speed. Rush and Priority withdrawals have a 0.00005 bitcoin minimum withdrawal amount.

How to avoid NiceHash fee?

You should make sure your funds do not stay in the NiceHash wallet for more than 50 days. During this time, you may withdraw them using the Lightning network to an external wallet of your choosing at the lowest fees possible.

How long does NiceHash take to withdraw?

The time it takes to withdraw from Nicehash is largely determined by network congestion, type of cryptocurrency, and blockchain conditions. Nicehash states on its website that, on average, it can take anywhere from 20 minutes to a couple of hours.

Which miner is most profitable?

Top 10 Most Profitable Bitcoin Miners in 2026 [Updated List]

  • Bitmain Antminer S21 XP Hydro Bitcoin Miner.
  • Bitdeer SealMiner A2 Pro Hydro Bitcoin Miner.
  • Bitmain Antminer S21 XP Bitcoin Miner.
  • Bitmain Antminer S21 Pro Bitcoin Miner.
  • Fluminer T3 Bitcoin Miner.

How long does it take 1 miner to mine 1 Bitcoin?

How Long Does It Take to Mine 1 Bitcoin? As of December 2025, the reward for mining one block is 3.125 bitcoins. It takes the network about 10 minutes to mine one block, so it takes about 10 minutes to mine 3.125 bitcoins.

Can I mine Bitcoin for free?

Yes. Libertex provides free Bitcoin mining to its users via a virtual miner. There are no hidden charges or fees to start earning with our virtual Bitcoin miner. Miners may increase their mining speeds and, consequently, mining profit by upgrading their status in our customer loyalty programme.

Can I solo mine on NiceHash?

If the standard marketplace feels too complex, try NiceHash EasyMining. With just a few clicks, you can start solo mining using rented hashrate.

Can you actually make money with NiceHash?

As a miner, you get paid in Bitcoins.

The amount depends on the amount of hash power that you provide to NiceHash. If you want to check how much your hardware can earn for you in a day or a month, we suggest that you check the Profitability calculator.

Who owns 90% of Bitcoin today?

As of March 2023, the top 1% of Bitcoin addresses hold over 90% of the total Bitcoin supply, according to Bitinfocharts.