when i change my bitcoin address in nicehash why do i lose my btc

Last Updated on April 19, 2022 by

Your wallet provider changed your BTC address. What can …

Your wallet provider changed your BTC address. What can …

Usually, when your wallet provider gives you a new receiving address, you are still the owner of the old one. Browse through the list of your addresses at the …

How to use NiceHash wallet?

How to use NiceHash wallet?

Use your Mining Address found in Rig Manager for linking mining software with your NiceHash account. If you will use NiceHash as a miner, all your mining …

BTC deposit & withdrawal – NiceHash

BTC deposit & withdrawal – NiceHash

Depositing the incorrect cryptocurrency to a specific address might result in the irreversible loss of funds! Take these steps to deposit BTC to your NiceHash …

Deposits and withdrawals – NiceHash

Deposits and withdrawals – NiceHash

From this address, you will be able to withdraw your funds to any Bitcoin wallet of your choice. Or you can exchange your funds using NiceHash Exchange.

Why is NiceHash wallet not in sync with blockchain

Why is NiceHash wallet not in sync with blockchain

Your NiceHash wallet is not a blockchain wallet, but a regular wallet that uses certain defined Bitcoin address for deposits. If you check this Bitcoin address …

How to add new withdrawal address? – NiceHash

How to add new withdrawal address? – NiceHash

PLEASE NOTE: withdrawing to the incorrect address might result in an irreversible loss of funds! Always double check if your withdrawal address is correct.

Can I get paid to my own Bitcoin wallet address? – NiceHash

Can I get paid to my own Bitcoin wallet address? – NiceHash

If you are using NiceHash Miner it is recommended to use NiceHash internal Mining Address for payments. Alternatively, you can use some External Bitcoin wallet …

Why has your balance or profitability decreased? – NiceHash

Why has your balance or profitability decreased? – NiceHash

NiceHash pays you in Bitcoins, but the value of the earned Bitcoins is expressed over the website and in our software in FIAT currency as well. This value  …

BCH deposit & withdrawal – NiceHash

BCH deposit & withdrawal – NiceHash

Depositing the incorrect cryptocurrency to a specific address might result in the irreversible loss of funds! Take these steps to deposit BCH to your NiceHash …

Why is my Bitcoin deposit taking so long to be confirmed?

Why is my Bitcoin deposit taking so long to be confirmed?

Cryptocurrency transactions are confirmed on various blockchains, which can sometimes be overloaded. When this happens, you have to include a higher transaction …

Can I use different wallet address in NiceHash?

You can find your NiceHash primary wallet address in your Wallets. Click “Deposit” button and select the desired cryptocurrency to reveal the deposit address. Please make sure you always select the right deposit address. Cryptocurrency transactions to incorrect addresses are irreversible!

Can I keep my Bitcoin in NiceHash?

grab a coffee or a sandwich directly in Bitcoin, many Subway outlets now accept BTC. use CryptoRefills to buy vouchers for hundreds of popular products and services, such as Netflix, Amazon, IKEA, and more. HODL! NiceHash wallet is now one of the safest places to store your Bitcoins.

Why am I losing money on NiceHash?

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

How do I transfer NiceHash to another wallet?

BTC withdrawal

1. Navigate to your Wallet and click the Withdraw button.
2. Select BTC wallet in the “Withdraw from” field.
3. Select withdrawal address or add a new withdrawal address. …
4. Enter the amount of BTC you wish to withdraw.
5. Click Review withdraw button.
6. A confirmation screen will pop up.

Can I use my own BTC address NiceHash?

If you are using NiceHash Miner it is recommended to use NiceHash internal Mining Address for payments. Alternatively, you can use some External Bitcoin wallet address but this feature is not recommended and is not actively supported anymore.

How do I change my address with NiceHash?

How to add new withdrawal address?

1. Navigate to your profile settings and click Withdrawal Addresses tab.
2. Click “Add new address” button.
3. Select the currency.
4. Enter the withdrawal address and give this address a name for easier recognition.
5. Due to security reasons, you must verify this withdrawal address.

Is it safe to use NiceHash wallet?

Yes. NiceHash wallet addresses are safe to be shared publicly. There is no possibility of stealing digital currency by knowing your NiceHash wallet address.

Is NiceHash a good wallet?

The security for withdrawing funds is also excellent by NiceHash. The NiceHash wallet is one of the safest crypto wallets in the market.

What is more profitable than NiceHash?

In addition to the earnings you derive from mining Bitcoin, you can also earn passive income by joining Hashing24's affiliate program and referring the service to others. This option makes using Hashing24 a more profitable choice than NiceHash.

Do you have to pay taxes on NiceHash?

Mining on NiceHash? You will need to pay Income Tax based on the fair market value (in fiat currency) of your mined coins at the point you received them. It's a lot of work if you're an active crypto trader, but NiceHash users can prepare for taxes – starting with – downloading your transaction history.

Is wallet mining legal?

Conclusion. By and large bitcoin mining is a perfectly legal activity. Even in a few countries that do regulate the use of bitcoin, such as Iceland, mining bitcoin is still legal.

Is mining address the same as wallet address?

The short answer is that they are two different things, with the address being the ID of where the Bitcoins are being held, while the wallet is program controlling the address and facilitating transfers to and from the address.

What is better than NiceHash?

Awesome Miner Awesome Miner is a powerful alternative to NiceHash that supports over 50 popular mining software and the mining of hundreds of different cryptocurrencies. This option is ideal for large-scale mining activities as it can scale up to 25,000 CPU/GPU miners and 200,000 ASIC miners.

Does NiceHash burn out GPU?

Yes and no. This depends on the way you set up and optimize your GPU. If you use the right settings, you have nothing to worry about! Like every electrical component, a graphics card will draw power during operation, and the majority of this power will be converted to heat.

Which mining pool is most profitable?

List of the Best Bitcoin Mining Pools:

• #1) Binance.
• #2) Slush Pool.
• #3) F2pool.
• #4) Pool BTC.
• #5) ECOS.
• #6) Via BTC.
• #7) Antpool.
• #8) Poolin.

Can you get lucky with NiceHash?

When mining directly, you are rewarded for the work you have done from the blockchain network directly (each block contains a reward). You still need some amount of luck to get rewarded, while at NiceHash, you always get rewarded for all work that you have done.

What miner is better than NiceHash?

Awesome Miner Awesome Miner is a powerful alternative to NiceHash that supports over 50 popular mining software and the mining of hundreds of different cryptocurrencies. This option is ideal for large-scale mining activities as it can scale up to 25,000 CPU/GPU miners and 200,000 ASIC miners.

What is the minimum payout on NiceHash?

0.00001 BTC
NiceHash uses internal accounting which allows small amounts of Bitcoin to be transferred from buyers (remember, buyers pay to sellers) to miners. The minimum payout threshold is only 0.00001 BTC (1000 satoshis). This is achievable in a couple of hours with an average mining rig.

What is the minimum amount to withdraw from NiceHash?

0.00002 BTC
We have always had a really low minimum withdrawal amount on Bitcoin Lightning Network, and now it's even lower! Now you can withdraw as little as 0.00002 BTC from our platform!

How can I get 1 Bitcoin for free?

Notable platforms like Coinbase, CoinMarketCap, SatoshiLab, Airdrop.io are all giving away free Bitcoins. Best methods of earning substantial Bitcoins for free include airdrops, bounties, tip bots, referrals, and shopping rewards.