-- September 2025, VolcMiner, a leading global cryptocurrency miner manufacturer, announced a landmark strategic collaboration with NiceHash, founded in 2014 and Switzerland based hashrate marketplace. This partnership aims to deeply empower VolcMiner's global user base, significantly enhance the liquidity and utilization efficiency of mining assets, and introduces a groundbreaking business model: using SCRYPT algorithm miners to mine Bitcoin (BTC).
As we can see, VolcMiner users can easily configure their miners to connect to NiceHash's vast and active marketplace. This integration allows VolcMiner miners to rent out their hashrate from SCRYPT algorithm miners (used for mining coins like DOGE & LTC) to global buyers on NiceHash. The most notable innovation is that the revenue miners earn will be paid out directly in Bitcoin (BTC), eliminating the need for users to manage conversions. This effectively equates to "using SCRYPT miners to mine BTC," breaking through the traditional technical barrier where specific algorithm miners could only mine corresponding cryptocurrencies.
The core value of this collaboration lies in:
1.Significantly Enhanced Liquidity for VolcMiner Miners: NiceHash connects global buyers and sellers, providing a near real-time, highly liquid market for VolcMiner miners' hashrate. Miners can respond more flexibly to market fluctuations, ensuring optimal returns for their computing power.
2. Diversified Revenue Streams: Users no longer need to concern themselves with which digital currency their hashrate ultimately mines or manage the exchange and handling of various altcoins. By connecting to NiceHash, all earnings for VolcMiner miners are automatically settled in BTC, the most widely accepted store of value in the crypto world, greatly simplifying asset management and monetization processes. According to official NiceHash calculations, the revenue per kilowatt-hour for VolcMiner miners is significantly higher than that of many SHA-256 ASIC miners, suggesting VolcMiner could be an ideal choice for miners focused on current profitability and long-term BTC accumulation.
*Data as of October 1, Source: NiceHash Official Blog*
3. Lowering Barriers and Risks for BTC Mining: For miners seeking BTC rewards but concerned about the risks of expensive ASIC miners becoming obsolete post-BTC halving events, acquiring BTC via more cost-effective SCRYPT miners is now possible. This approach helps mitigate the market volatility risk associated with ASIC miners, which are typically limited to mining a single coin.
Mingsen, Head of R&D of VolcMiner, stated: "We are thrilled to partner with an industry leader like NiceHash. This collaboration fully aligns with VolcMiner's mission to create maximum value for our users. We are not only unlocking the value of miner but also pioneering a new, flexible way of mining. Our users can now participate in the BTC network more easily and efficiently, marking a significant step towards the democratization of cryptocurrency mining."
Marko Tarman, Lead Mining Manager, commented: "We welcome VolcMiner and its community to the NiceHash ecosystem. VolcMiner is renowned for its high-quality hardware, and their users represent the kind of quality hashrate providers we value on our platform. This partnership enriches our hashrate supply and opens the door to the Bitcoin economy for SCRYPT miners, creating a win-win situation."
The powerful alliance between VolcMiner and NiceHash is expected to significantly boost both parties' influence in the global mining market and offer profound insights for the entire industry regarding the assetization of hashrate and innovation in revenue models.
About VolcMiner:
VolcMiner is a globally recognized cryptocurrency miner manufacturer and technology service provider. It focuses on developing high-performance, high-efficiency miners and is committed to advancing decentralized networks through technological innovation.
About NiceHash:
NiceHash is the world's leading hashrate marketplace, headquartered in Switzerland. It provides a user-friendly platform that allows individuals to buy and sell hashrate, simplifying the cryptocurrency mining process for a broad global audience of miners.
Learn More:
To connect to NiceHash, all you have to do is create an account on NiceHash and connect your VolcMiner to NiceHash stratum:
Pool: stratum+tcp://scrypt.auto.nicehash.com:9200
Worker: NiceHashMiningAddress.WorkerName
Password: x
Help article on how to connect Volcminer to NiceHash, please refer to the NiceHash official blog:
https://www.nicehash.com/support/mining-help/asic-mining/how-to-connect-volcminer-asic-to-nicehash
Contact Info:
Name: Marketing and Public Relations Department
Email: Send Email
Organization: Teckvia Limited
Website: http://www.volcminer.com
Release ID: 89171410
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