Compared to Minergate, NiceHash has a considerably higher amount of available cryptocurrencies . On its website, NiceHash lists 37 different mining algorithm options and more than 70 available coins. The minimum order price is 0.005 BTC for every algorithm. This can be viewed as both a positive and a negative.
Read moreDoes MinerGate use a lot of electricity?
To get started, you can use your laptop or desktop computer processor (CPU mining), but this method uses a lot of power , generates a lot of heat (ruining your device), and yields very small results. Ideally, you will need at least 1 graphics card to mine using the graphical processing unit (GPU mining).
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