NiceHash hits 200 solo BTC blocks, grows hashrate marketplace
NiceHash, the hashrate marketplace working since 2014, has confirmed a milestone in its EasyMining solo mining service: 200 Bitcoin blocks mined since October 2022, verified straight by means of on-chain coinbase signature knowledge.
Combined, these 200 blocks account for 1,168 BTC in whole rewards – 1,103 BTC from block subsidies, and roughly 65 BTC from transaction charges accrued throughout the interval. The first confirmed block was mined on October 20, 2022 (block top 759,475); the 2 hundredth was confirmed on July 1, 2026 (block top 956,165).
Every one of many 200 blocks is independently verifiable on the Bitcoin blockchain – a element that displays how NiceHash has positioned itself extra broadly: as a marketplace constructed round verifiable, on-chain outcomes somewhat than advertising and marketing claims, whether or not that consequence is a solo mining end result or a payrate benchmark.
From EasyMining to institutional scale
EasyMining sits at one finish of a a lot bigger marketplace. It provides particular person miners a direct, verifiable path to a full block reward with out working pool-scale infrastructure themselves. At the opposite finish of the identical marketplace, publicly traded mining firms, funds, and treasuries transact in hashrate as a commodity – shopping for, promoting, and hedging publicity at an industrial scale. Both sides in the end transact on the identical underlying market, priced by the identical stay provide and demand.
That vary – from a single miner’s bundle to institutional-scale acquisition – is a part of what has formed NiceHash’s marketplace mannequin over the previous a number of years: a single venue the place hashrate is priced constantly, somewhat than fastened prematurely no matter who’s transacting.
A marketplace constructed on stay pricing, not fastened charges
The dominant mannequin throughout main mining swimming pools has lengthy been FPPS – Full Pay Per Share – the place miners obtain a set charge per share submitted, no matter block outcomes or broader market situations. It is predictable, however that predictability turns into a ceiling as soon as situations shift: miners on fixed-rate swimming pools haven’t any mechanism to seize extra worth and no flexibility to maneuver when a charge that made sense months earlier not does.
NiceHash’s marketplace mannequin provides miners a special possibility – routing hashrate to wherever demand and pricing are strongest at any given second. That dynamic displays a broader shift in how the mining trade treats hashrate itself: more and more as a liquid, tradable commodity somewhat than a set enter locked right into a single-pool relationship.
Hashrate as monetary infrastructure
That commodity framing extends past easy shopping for and promoting. NiceHash has constructed a set of instruments round it that more and more resemble the infrastructure of a mature commodity market.
Buyers – together with publicly traded firms alongside people – purchase hashrate straight on NiceHash, gaining mining output with out proudly owning {hardware}, securing energy contracts, or working amenities themselves. For institutional consumers, this carries sensible operational worth past value alone: hashrate bought on the spot market can bridge the hole between ordering ASICs and their precise deployment, enable scaling throughout a short-term profitability window with out long-term {hardware} publicity, and canopy deliberate or unplanned facility outages with out breaching internet hosting or co-location uptime obligations. One of the extra widespread institutional use circumstances on the platform capabilities successfully as insurance coverage – when a farm falls in need of a contractual uptime dedication, operators purchase hashrate on the spot market to cowl the hole somewhat than soak up the penalty. For particular person customers, that very same marketplace offers entry to hashrate and mining with a low barrier to entry.
NiceHash additionally helps OTC preparations, permitting miners and consumers to transact bigger volumes of hashrate straight, exterior the usual live-pricing stream – a software geared toward members managing threat at scale somewhat than transacting opportunistically. Both OTC and customary marketplace transactions can be settled in USDT alongside BTC, giving members a further possibility for pricing and settlement.
For compliance-sensitive establishments, NiceHash presents entry to Virgin Bitcoin: freshly mined BTC with no prior transaction historical past. Because it has by no means handed by means of one other pockets or trade, Virgin Bitcoin carries not one of the transaction historical past that provenance- and AML-focused establishments sometimes have to overview earlier than buying a coin. It is out there straight by means of the marketplace and by way of OTC preparations for bigger volumes, and has turn out to be a related possibility for funds and establishments working below strict provenance and reporting necessities.
Taken collectively, stay pricing, OTC entry, and Virgin Bitcoin availability describe a marketplace that capabilities much less like a single mining pool and extra just like the settlement and threat infrastructure layer a mature commodity market requires. The marketplace has additionally lately prolonged into USDT settlement, giving miners and consumers the choice to cost and settle transactions in a steady unit alongside BTC.
“Hashrate behaves like a commodity, and the market more and more treats it that approach,” stated Saša Čoh, CEO of NiceHash. “The EasyMining milestone and the expansion of our marketplace instruments level to the identical factor: we construct for outcomes that may be verified on-chain and infrastructure that holds up below actual institutional scrutiny, not simply claims.”
About NiceHash
NiceHash is a worldwide hashrate marketplace based in 2014, headquartered in Zug, Switzerland. The platform connects consumers and sellers of computing energy for cryptocurrency mining and associated providers, providing instruments together with OTC preparations, Virgin Bitcoin entry, and USDT settlement for institutional and particular person members alike.
Miners and hashrate consumers fascinated by NiceHash’s marketplace instruments can study extra at nicehash.com.
Media contact
Ana Kovacic
Marketing Coordinator
ana.kovacic@nicehash.com
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