NiceHash

Average (2.5/5)https://www.nicehash.com
Google
4.3★ · ≈75 reviews
Trustpilot score
1.3
BBB
⚖️ Regulatory
🛡️ Trust Signals
A+
Social Media

Recent Activity

Trustpilot

"It's not trustworthy. Especially easy mining. It's a scam"

25 days ago· by raj vipul· 1.0View source ↗

Subscribers monitoring NiceHash receive updates on negative publicity — unlock Monitor Company ↗

BBB Profile

Accreditation: UnknownLetter rating: Complaints (3 yrs):

Mining Type

Cloud MiningCloud Mining

Locations

  • office — Maribor, Slovenia(exact)

    Maribor operational headquarters (Radvanjska cesta 128)

    Source ↗
  • office — Road Town, British Virgin Islands(exact)

    Registered office, Road Town, British Virgin Islands

    Source ↗

⚖️ Regulatory

Not yet checked against any regulatory sources.

Reads whatever court/regulator sources are configured for this score (see the Regulatory section below) and reports back — it's a starting point for your own research, not a verdict.

🛡️ Trust SignalsA+

Checked against 2 trust signals — see the per-source breakdown below.

Reads whatever site-health/trust sources are configured for this score (see the Trust Signals section below) and reports back — it's a starting point for your own research, not a verdict.

  • Website Exists:5.0/5(A)· checked Sep 3, 2026view ↗
  • Site History:5.0/5(since 2014)· checked Aug 26, 2026view ↗

Trustpilot Summary1.3

1.3 from 715 Trustpilot reviews — a very low score on one of the largest review bases in this directory, and the reasons are unusually consistent, which makes them worth reading carefully rather than dismissing as noise from a big platform. The dominant complaint is structural rather than anecdotal: NiceHash's "60-day rule" charges a recurring "Non-Transferable Amount Fee" against balances that sit below the withdrawal minimum, on the stated basis that NiceHash is not a wallet and will not hold inactive funds. Multiple reviewers describe the resulting trap in the same terms — the balance is too small to withdraw, the fee draws it down anyway, and the account nets to nothing. One documents two specific deductions two weeks apart (0.00003175 BTC and 0.00002076 BTC) against an account that had never made a withdrawal. This is a disclosed policy, not a hidden one, but it clearly lands badly on small miners and it accounts for a large share of the 1-star volume. The second cluster is account restriction: reviewers report accounts locked or force-closed with balances inside, and support that answers with templates or not at all. Severity varies widely and the largest claims are unverified — a $45,000 loss report is the sort of figure a review platform cannot substantiate. The newest entries, including a late-August one calling the service and its EasyMining product a scam, are short, unspecific one-liners; they add volume to the score without adding evidence, and it is that trickle rather than any new finding that has moved the count on. The substantive complaints above stand without them. Context for weighing the score: NiceHash is a long-established hashpower marketplace with a real business behind it, and low Trustpilot scores are common for platforms where the complaint surface is fee mechanics and minimum thresholds affecting many small accounts. Read the withdrawal minimums and the 60-day rule before committing funds you may not be able to retrieve, and withdraw regularly rather than letting a balance sit.

Compiled from public forum/search discussion (via manual research, automated tools, or both), not independently verified. Reflects poster opinions, not confirmed fact.

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Google Search SummaryD

NiceHash suffered a major 2017 hack ($64M lost) but has since hardened security significantly (mandatory 2FA, KYC, cold storage, withdrawal whitelisting) — that incident is treated as historical/remediated. However, current reviews are poor (1.8/5 Trustpilot): complaints describe a "60-Day Rule" fee that erodes small inactive balances, withdrawal difficulties, and a pattern some reviewers describe as small payouts building trust before larger deposits stop being honored.

Compiled from public forum/search discussion (via manual research, automated tools, or both), not independently verified. Reflects poster opinions, not confirmed fact.

🔍 Search Google for "NiceHash reviews" ↗

Reddit SummaryC-

Substantial, sustained discussion on an active official subreddit, and it is genuinely two-sided. The recurring negative is fund access during compliance review, reported by independent users: one describes buying hashrate, being asked for anti-money-laundering documentation, declining to send tax forms, requesting a refund, and still having no funds three weeks later with the ticket closed as SOLVED (case ID quoted); another reports 0.0308 BTC locked for over six months. 'NiceHash is a scam' (56 votes) resolves on reading into failed KYC verification and poor support rather than theft, and 'If you're still using Nicehash. Please STOP.' is a comparison review against Unmineable and Kryptex. Weighing against that: the community itself supplies the mitigating context - NICEHASH AG is a regulated financial intermediary under the Swiss Anti-Money-Laundering Act, so the document demands are a legal obligation rather than a pretext, a compliance contact route is published and shared by other users, and the most-upvoted reply on 'the reviews are just bad' argues most one-star reviews come from users who misunderstand the product or who lost money in the 2017 hack. Net: real, recurring, same-type complaints about getting money out, set against a legitimate regulatory explanation and a large satisfied user base that discusses the platform as ordinary infrastructure. That is a genuinely mixed picture with the negatives weighted toward friction rather than fraud, which is where the stored C- already sits; it is affirmed rather than moved. Confidence high on a sustained active subreddit and 10+ genuine mentions.

Compiled from public forum/search discussion (via manual research, automated tools, or both), not independently verified. Reflects poster opinions, not confirmed fact.

🔍 Search Reddit for "NiceHash" ↗