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VolcMiner and NiceHash Forge Strategic Partnership to Pioneer Innovative Business Model Enabling SCRYPT Miners to Mine BTC

In September 2025, VolcMiner, a global cryptocurrency miner manufacturer, entered a strategic collaboration with NiceHash, a Switzerland-based hashrate marketplace founded in 2014. This partnership aims to enhance the liquidity and efficiency of…

CBy Chloe SimmonsOct 08, 20251 min read

In September 2025, VolcMiner, a global cryptocurrency miner manufacturer, entered a strategic collaboration with NiceHash, a Switzerland-based hashrate marketplace founded in 2014. This partnership aims to enhance the liquidity and efficiency of VolcMiner's mining assets, allowing SCRYPT algorithm miners to mine Bitcoin (BTC).

The integration allows VolcMiner users to configure their miners to connect with NiceHash's marketplace. This enables the renting out of their hashrate from SCRYPT algorithm miners to global buyers. The revenue earned by miners will be directly paid in Bitcoin (BTC), eliminating the need for currency conversion and allowing SCRYPT miners to mine BTC.

Enhanced Liquidity for VolcMiner Miners: NiceHash provides a real-time, liquid market for VolcMiner miners’ hashrate, allowing flexible responses to market fluctuations and optimizing returns. Diversified Revenue Streams: Earnings from VolcMiner miners are automatically settled in BTC, simplifying asset management and monetization processes. Revenue per kilowatt-hour is reportedly higher than that of many SHA-256 ASIC miners, making VolcMiner a viable option for profitability and BTC accumulation. Reduced Barriers and Risks for BTC Mining: This approach enables miners to acquire BTC via cost-effective SCRYPT miners, mitigating risks associated with ASIC miners, which are typically limited to mining a single coin.

Mingsen, Head of R&D at VolcMiner, stated that the partnership aligns with VolcMiner’s mission to maximize user value and democratize cryptocurrency mining.

Marko Tarman, Lead Mining Manager at NiceHash, emphasized that VolcMiner enriches NiceHash's hashrate supply and facilitates entry into the Bitcoin economy for SCRYPT miners.

This partnership aims to enhance the liquidity and efficiency of VolcMiner's mining assets, allowing SCRYPT algorithm miners to mine Bitcoin (BTC).
Chloe Simmons · Thehackingpost

VolcMiner is a globally recognized cryptocurrency miner manufacturer, focusing on high-performance miners and advancing decentralized networks through innovation.

NiceHash, headquartered in Switzerland, is a leading hashrate marketplace, simplifying the cryptocurrency mining process globally.

To connect VolcMiner to NiceHash, create an account on NiceHash and connect using the following details:

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Pool: stratum+tcp://scrypt.auto.nicehash.com:9200

For detailed connection instructions, refer to the NiceHash official blog .

Based on reporting by TechBullion.

AI transparency. This article was produced with the assistance of artificial intelligence and published under human editorial oversight. AI systems can make mistakes. Read how we use AI (EU AI Act, Art. 50).
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