Emerging manufacturing technologies make it possible to design the morphology of electrocatalysts on the nanoscale in order to improve their efficiency in electrolysis processes. The current work investigates the effects of electrode-attached hydrogen bubbles on the performance of electrodes depending on their surface morphology and wettability. Ni-based electrocatalysts with hydrophilic and hydrophobic nanostructures are manufactured by electrodeposition, and their surface properties are characterized. Despite a considerably larger electrochemically active surface area, electrochemical analysis reveals that the samples with more pronounced hydrophobic properties perform worse at industrially relevant current densities. High-speed imaging shows significantly larger bubble detachment radii with higher hydrophobicity, meaning that the electrode surface area that is blocked by gas is larger than the area gained by nanostructuring. Furthermore, a slight tendency toward bubble size reduction of 7.5% with an increase in the current density is observed in 1 M KOH.