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NiceHash is an open marketplace that connects sellers or miners of hashing power with buyers of hashing power. Buyers select the crypto-currency that they want to mine, a pool on which they want to mine, set the price that they are willing to pay for it, and place the order. This order is then forwarded to everyone who is connected to NiceHash.
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Bitcoin reached a record high of more than $70,000 on March 8. The rising price of Bitcoin "allows most miners to remain profitable," said Zachary Bradford, CEO and president at CleanSpark.