NiceHash Reviews 709

Run away from this company because they are thieves and manipulators, and they are ready to drain all the money you have from you. I am saying this from experience, and I have learned my lesson the hard way. I wouldn't recommend them to anyone. I recommend PAIVA. They do pay.

Nicehash is a scam. Account fees are charged on inactive accounts but I cannot withdraw funds to close my account. SCAM COMPANY - DO NOT TOUCH THEM!

From one day to another all the gpu optimization is not available anymore. The result is that mining consumes as double as normal on electricity and that the GPUs totally overheat. There is nothing to find as a prewarning or a safety stop of all machines. Nicehash surely knows all the consequences and take damage on customer GPU in account....its not your GPU, or? I will search for an alternative to provide my GPU power.

Company seemingly going under and is stealing money from inactive users on their way out. Of course, this is not a part of the terms and conditions those users agreed to. They're engaging in illegal activities to steal their own user's money. Avoid anything they are involved with!

I tried to withdraw money from nicehash from my inactive account. I finished all steps and suddenly it requested me to make last step again. When I tried with my camera turned on, app refused to do it. 3 support tickets to nicehash, numerous emails to sumsub. Closed tickets and generic responses. Two months still can not withdraw. Is it worth? Enjoy my money. I bet they pay them to stop on last step of vertification. They stealing from inactive accounts every month. Hope they will be both sued soon.

They are more difficult to use now with regards to deposits. I have no objection to anti money laundering laws but Nicehash seems to add and remove "trusted" exchanges without warning, so an exchange that their customer uses regularly to deposit Bitcoin can just disappear after the deposit is made and there is no way to collect it if the exchange cannot be chosen. Nicehash still receives the Bitcoin of course but you don't.

Their KYC verification process is broken. I don't have the problem on any other platform, but here the verification failed without any explanation of what is wrong. Support doesn't work, it just keeps sending the same automatic replies. I have approximately EUR 1000 in my account, which I am unable to withdraw now. This is a scam. I will join the class action.

Trash.
This company is literally trash.
“Inactive fee”
I want my money back!

Mid 2010's. They "lost" a bunch of funds. One of the founders appeared guilty as could be.
Now in the 2020's, people cannot get past their "know your client" BS.
I've been writing them for months, and they claim a human will respond. It does not matter what you write, you just get the same blanket worthless response.
Meanwhile they have added inactivity fees, which are impossible to avoid if you cannot pass the KYC.
I'm suspicious of them attempting to steal clients money, again!
Any talks of class action lawsuits get surprised by mods on their reddit forum.

Used a couple of years ago, they introduced KYC in november/december 2024.
I failed KYC twice, with no indication of what had failed. When I contacted NiceHash they simply told me to close my account. That was it. :)

Inactive account charge stole all my profit, avoid nicehash

I've been a very active member of this community for several years.
they've refused to listen to their communities feed back for years.
theyve run off nearly their entire flock of volunteers,and heaps of users.
they consistently hide the news for this community in the blog on their website despite having EVERY single users email address on file.
I shouldnt have to do any research to find out whats happening inside of the nicehash community.

I shouldnt have to find out via word of mouth that your company imposed new account admin fees.

I shouldnt have to subject myself to the endless swarms of scam bots in the discord for a decent feed of information outside of their crappy abandoned forums.
thats being extremely unreasonable...
its nearly 2025.
email me about changes.
email me about disabling withdrawls.....

I joined the discord back to find out whats going on with the whole withdraw lock thing.
As SOON as i joined back and asked my question a scammer pings me with a malicious link.
the scammer had been in the server for several days at that point as i can see the chat history.

The scammer then decides to impersonate me by changing their discord server profile name to my screen name.

All the while staff and volunteers(the few that are left) let this scammer masquerade as ME and potentially harass or scam other people for several more hours.

I aired my grievances in the discord to the head of public relation of Nicehash.

basically.

They decided to blame me.

its my fault im getting information slow for not reading their blog daily,
its my fault they dont use emails instead
its my fault for not wanting to be subjected to constant scammers and bots in the discord.

Tried to tell me that it was my fault i wasnt getting emails because "theyre probably being sent to your spam folder or the mailing addresses arent whitelisted".
I provide screenshots of both email addresses in my inbox.

come back to my desk later to see Nicehash has since deleted all of my messages and is at this point going into full blown damage mitigation mode.
Frantically sweeping it all under the rug so no other users see my extremely valid points and realize themselves. I asked joe why my messages were deleted and never got a response. just a ban.

Nicehash never changed.

These are infact the same group of people responsible for the mariposa bot net after all.

Dont know what i expected,maybe that theyve changed and turned to a life of hardwork and good doing.

No,completely wrong.
theyre doing things like imposing "inactive account fees" and not telling their users via any COMMONLY used methods of communication. MEANING.
they changed the TOS to be able to charge you fees,didnt tell you the way they shouldve told all of us(email) BUT,and this is the really funny part,BUT they sure as heck can find your email address to send that crummy invoice.... hows that work?

so in short.

This company has a HUGE history of breaking laws, stealing, manipulating and in general being criminals and it directly translates to your end user experience.

Avoid this company like the plague.
do NOT give them a shred of information no matter how enticing the idea of their services may seem.

This company exists solely to make a profit off of you.
they dont care what you say,what you want to do,etc
they only care about themselves and the money.
this is evident by them consistently saying things like,"we only charge after the first 2fa reset" but sending out invoices on the first 2fa reset request.
insistsing that its a mistake and acting like they werent trying to get people to pay an invoice that shouldve never existed in the first place.

The things ive seen happen in the past five years are absurd.

this company needs to go under already.

Inactive account gets charged a membership fee that can not be canceled -- If account holder can not extensivly verify their account information with additional documentation via KYC verification - Account will be locked w/o customer support aid - Auto charged monthly until account depleted - Accounts will be charged monthly and there is a minimum withdrawal limit as well around $40

FRAUD/SCAM? Probably both. Criminal, Yes. Non USA - Yes. --- Class Action Lawsuit, eventually, yes.

(4months into trying to get my funds and close my account) (4 to 5 year old account I used heavily)

Miner keeps crashing, plus I can't withdraw under a certain limit, and now my balance is getting eaten by inactivity fees.

After KYC verification I can't withdraw and I can't buy items. They bother me with "Travel rule" informations.

Can't wait to purchase again Thanks

They started to charge an inactivity fee and another fee to withdraw. The identity verification process is designed to throw up barriers so they can keep stealing your money.