I am new to Bitcoin and recently have invested in bitcoins. I came across Nicehash when I was planning to get into Bitcoin mining. I understand that Nicehash gives you an option to rent hash power for mining. But what I don't understand is the pool option in it. What exactly are the pools in Nicehash and how do I create a pool account or join a pool or something? I don't want to spend any money on Nicehash without understanding what exactly it is used for.
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1 Answer
...about is the pool option in it.
The best feature of NiceHash is that they allow you to choose for which pool to mine. So, you can choose the pool. Actually it's a feature that all cloud mining websites should have, but unfortunately NiceHash is the only one.
