Topic: NiceHash hacked? - page 8. (Read 32068 times)
Let's give them some time, maybe they will find a way to pay us back, same as Bitfinex did.
Is NiCEHACK coming back ?
Not unless they can run it from jail.....LMAO!! The whole story smells.
An organization as big as Nicehash that was keeping all the hash-rate sellers payments in non-cold storage wallets? I don't believe they would/could have been so stupid. It's an exit scam IMHO. They kept raising the minimum payout so they could get that kind of ridiculously high amount that they owed sellers sitting in their hot wallets, waited until it was REALLY high, then they let someone "hack" them and shared the proceeds. That's my tinfoil hat theory, but I think it makes sense.
I think that the majority of their sellers were just people who were too lazy to work out what to mine for themselves, and/or didn't know enough to be able to, so they also don't understand how the explanation Nicehash is giving is pretty weak and lacks credibility. There are just SO MANY noob miners out there. Like I said - what kind of organization manages the huge amount of hash power they were working with, and the huge amounts of BTC they were supposed to be paying out - and doesn't use cold storage or multi-sig wallets for payments?
They were a huge honey trap. Maybe they didn't start out that way but it was probably just too much of a temptation for them. Obviously I don't know even a tiny amount of the facts but from where I stand I don't trust them and never will again. They were one of my 5th or 6th fallbacks and owed me maybe $60-$100 in BTC for small amounts of mining over the last few months, but I never used their wallets so if they had used a fair payment scheme I would have most of that BTC now, but oh well. Maybe if they pay me what they owe me I would recover some respect for them but as if that's going to happen.
An organization as big as Nicehash that was keeping all the hash-rate sellers payments in non-cold storage wallets? I don't believe they would/could have been so stupid. It's an exit scam IMHO. They kept raising the minimum payout so they could get that kind of ridiculously high amount that they owed sellers sitting in their hot wallets, waited until it was REALLY high, then they let someone "hack" them and shared the proceeds. That's my tinfoil hat theory, but I think it makes sense.
I think that the majority of their sellers were just people who were too lazy to work out what to mine for themselves, and/or didn't know enough to be able to, so they also don't understand how the explanation Nicehash is giving is pretty weak and lacks credibility. There are just SO MANY noob miners out there. Like I said - what kind of organization manages the huge amount of hash power they were working with, and the huge amounts of BTC they were supposed to be paying out - and doesn't use cold storage or multi-sig wallets for payments?
They were a huge honey trap. Maybe they didn't start out that way but it was probably just too much of a temptation for them. Obviously I don't know even a tiny amount of the facts but from where I stand I don't trust them and never will again. They were one of my 5th or 6th fallbacks and owed me maybe $60-$100 in BTC for small amounts of mining over the last few months, but I never used their wallets so if they had used a fair payment scheme I would have most of that BTC now, but oh well. Maybe if they pay me what they owe me I would recover some respect for them but as if that's going to happen.
Well they were running 175 ph in btc sha-256 alone.
that is about 28 btc earned by hash sellers
and about 28 btc paid by hash renters
56 btc x 3% = 1.68 coins a day income from sha-256 with on book hash
now they had say 30 al-gore-rhythms
so 1.68 x 30 = 50 coins a day income or 800,000 a day income
now if 50 btc coins a day was income for them x 33 = btc 1650 coins was renter and rentee money
since 4700 hundred coins were stolen and it was about 3 or 4 days worth stolen the math is close .
So is giving up 50 btc coins a day for year worth 4700 coins in one shot?
And the company said fuck it lets grab and run. last I heard they are sitting in a wallet.
What I don't understand is why all in one wallet.
and if I cracked a wallet with 4700 in coins. I would first pull say 100
they pull 4600.
they did 700
then 1000
then 1000
then 1000
then 1000.
all to one wallet.
So that gives security more chances to catch the thief and shut down wallet.
Smells inside to me but an IT secondary employee makes more sense the the ceo.
The whole story stinks. I have no idea if it was an insider or an outsider.
But based upon the above, if they could get the market share back, they could pay everyone back in 94 days. Call it a year. So maybe, they might come back.
Somehow, I think my .0109 BTC is gone. Permanently.
I remember reading advice on this forum and others that say to keep your BTC offline. If someone else controls the keys, it is their money. Heck, even if you have it on your own personal PC it is at risk.
The only reason I had that much at Nicehash was because I sweep the account only when it makes sense compared to the transfer fees. It does not make sense to transfer 0.001 BTC with a .0003 BTC fee.
The whole story smells.
An organization as big as Nicehash that was keeping all the hash-rate sellers payments in non-cold storage wallets? I don't believe they would/could have been so stupid. It's an exit scam IMHO. They kept raising the minimum payout so they could get that kind of ridiculously high amount that they owed sellers sitting in their hot wallets, waited until it was REALLY high, then they let someone "hack" them and shared the proceeds. That's my tinfoil hat theory, but I think it makes sense.
I think that the majority of their sellers were just people who were too lazy to work out what to mine for themselves, and/or didn't know enough to be able to, so they also don't understand how the explanation Nicehash is giving is pretty weak and lacks credibility. There are just SO MANY noob miners out there. Like I said - what kind of organization manages the huge amount of hash power they were working with, and the huge amounts of BTC they were supposed to be paying out - and doesn't use cold storage or multi-sig wallets for payments?
They were a huge honey trap. Maybe they didn't start out that way but it was probably just too much of a temptation for them. Obviously I don't know even a tiny amount of the facts but from where I stand I don't trust them and never will again. They were one of my 5th or 6th fallbacks and owed me maybe $60-$100 in BTC for small amounts of mining over the last few months, but I never used their wallets so if they had used a fair payment scheme I would have most of that BTC now, but oh well. Maybe if they pay me what they owe me I would recover some respect for them but as if that's going to happen.
An organization as big as Nicehash that was keeping all the hash-rate sellers payments in non-cold storage wallets? I don't believe they would/could have been so stupid. It's an exit scam IMHO. They kept raising the minimum payout so they could get that kind of ridiculously high amount that they owed sellers sitting in their hot wallets, waited until it was REALLY high, then they let someone "hack" them and shared the proceeds. That's my tinfoil hat theory, but I think it makes sense.
I think that the majority of their sellers were just people who were too lazy to work out what to mine for themselves, and/or didn't know enough to be able to, so they also don't understand how the explanation Nicehash is giving is pretty weak and lacks credibility. There are just SO MANY noob miners out there. Like I said - what kind of organization manages the huge amount of hash power they were working with, and the huge amounts of BTC they were supposed to be paying out - and doesn't use cold storage or multi-sig wallets for payments?
They were a huge honey trap. Maybe they didn't start out that way but it was probably just too much of a temptation for them. Obviously I don't know even a tiny amount of the facts but from where I stand I don't trust them and never will again. They were one of my 5th or 6th fallbacks and owed me maybe $60-$100 in BTC for small amounts of mining over the last few months, but I never used their wallets so if they had used a fair payment scheme I would have most of that BTC now, but oh well. Maybe if they pay me what they owe me I would recover some respect for them but as if that's going to happen.
Well they were running 175 ph in btc sha-256 alone.
that is about 28 btc earned by hash sellers
and about 28 btc paid by hash renters
56 btc x 3% = 1.68 coins a day income from sha-256 with on book hash
now they had say 30 al-gore-rhythms
so 1.68 x 30 = 50 coins a day income or 800,000 a day income
now if 50 btc coins a day was income for them x 33 = btc 1650 coins was renter and rentee money
since 4700 hundred coins were stolen and it was about 3 or 4 days worth stolen the math is close .
So is giving up 50 btc coins a day for year worth 4700 coins in one shot?
And the company said fuck it lets grab and run. last I heard they are sitting in a wallet.
What I don't understand is why all in one wallet.
and if I cracked a wallet with 4700 in coins. I would first pull say 100
they pull 4600.
they did 700
then 1000
then 1000
then 1000
then 1000.
all to one wallet.
So that gives security more chances to catch the thief and shut down wallet.
Smells inside to me but an IT secondary employee makes more sense the the ceo.
The whole story smells.
An organization as big as Nicehash that was keeping all the hash-rate sellers payments in non-cold storage wallets? I don't believe they would/could have been so stupid. It's an exit scam IMHO. They kept raising the minimum payout so they could get that kind of ridiculously high amount that they owed sellers sitting in their hot wallets, waited until it was REALLY high, then they let someone "hack" them and shared the proceeds. That's my tinfoil hat theory, but I think it makes sense.
I think that the majority of their sellers were just people who were too lazy to work out what to mine for themselves, and/or didn't know enough to be able to, so they also don't understand how the explanation Nicehash is giving is pretty weak and lacks credibility. There are just SO MANY noob miners out there. Like I said - what kind of organization manages the huge amount of hash power they were working with, and the huge amounts of BTC they were supposed to be paying out - and doesn't use cold storage or multi-sig wallets for payments?
They were a huge honey trap. Maybe they didn't start out that way but it was probably just too much of a temptation for them. Obviously I don't know even a tiny amount of the facts but from where I stand I don't trust them and never will again. They were one of my 5th or 6th fallbacks and owed me maybe $60-$100 in BTC for small amounts of mining over the last few months, but I never used their wallets so if they had used a fair payment scheme I would have most of that BTC now, but oh well. Maybe if they pay me what they owe me I would recover some respect for them but as if that's going to happen.
An organization as big as Nicehash that was keeping all the hash-rate sellers payments in non-cold storage wallets? I don't believe they would/could have been so stupid. It's an exit scam IMHO. They kept raising the minimum payout so they could get that kind of ridiculously high amount that they owed sellers sitting in their hot wallets, waited until it was REALLY high, then they let someone "hack" them and shared the proceeds. That's my tinfoil hat theory, but I think it makes sense.
I think that the majority of their sellers were just people who were too lazy to work out what to mine for themselves, and/or didn't know enough to be able to, so they also don't understand how the explanation Nicehash is giving is pretty weak and lacks credibility. There are just SO MANY noob miners out there. Like I said - what kind of organization manages the huge amount of hash power they were working with, and the huge amounts of BTC they were supposed to be paying out - and doesn't use cold storage or multi-sig wallets for payments?
They were a huge honey trap. Maybe they didn't start out that way but it was probably just too much of a temptation for them. Obviously I don't know even a tiny amount of the facts but from where I stand I don't trust them and never will again. They were one of my 5th or 6th fallbacks and owed me maybe $60-$100 in BTC for small amounts of mining over the last few months, but I never used their wallets so if they had used a fair payment scheme I would have most of that BTC now, but oh well. Maybe if they pay me what they owe me I would recover some respect for them but as if that's going to happen.
Is NiCEHACK coming back ?
They do seem to be making that claim. I won't be sad, if they never see the light of day again though.
Only an idiot would go back and mine with them. They just "lost" $70000000+ in bitcoin. I wouldn't trust them with $5.
Is NiCEHACK coming back ?
They do seem to be making that claim. I won't be sad, if they never see the light of day again though.
Is NiCEHACK coming back ?
rumours are nicehash hacked,
Evidence is on twitter people seeing 0 account balances and its all been move to another wallet , that walllet now has 59 million.....
any comments?
if they really have proof on twitter,they should have post it Evidence is on twitter people seeing 0 account balances and its all been move to another wallet , that walllet now has 59 million.....
any comments?
here first because forum is much concern than twitter.thats only a
humor and for sure proof wont be post here because they really
have nothing
That was like two days ago. Maybe some saw zero account balances, before NH took everything offline ... Most just saw a message that said they were down for maintenance for about 12 hours up until the offical press release. And then another 24 hours before the live stream.
rumours are nicehash hacked,
Evidence is on twitter people seeing 0 account balances and its all been move to another wallet , that walllet now has 59 million.....
any comments?
if they really have proof on twitter,they should have post it Evidence is on twitter people seeing 0 account balances and its all been move to another wallet , that walllet now has 59 million.....
any comments?
here first because forum is much concern than twitter.thats only a
humor and for sure proof wont be post here because they really
have nothing
Good thing I've never ever used Nicehash, though I tried it before and planning to invest which was halted due to personal reasons. Along with minergate, they established themselves as one of the legit online mining site, but they have the upper hand because of more features compared to the latter. They've already been years in the industry and I do think their team is working hard to improve and develop the site even further, yet this kind of attack happened. While every Nicehash investors were hoping to get refunds from their investments, there's only a slim chance it might happen. This is similar with the case of Mt. Gox, whom at that time was a very popular exchange site. Lesson here, every dollar, coin, dime you have on an online investment, wether its a mining or exchange site, practice to draw out regularly or just store what you can afford to lose.
What kind of crypto casino spam do you have in your profile pic? Lol ... Are you for real?
Did an official explanation come from Nicehash? Or is there still no explanation? I guess our money flew again. This is very depressing. I hate to wait.
Have you been asleep for the past 24 hours? Lol ... Jezzus!
Lost 260$ unpaid from 2 rigs.
100% scam.
100% scam.
You'll live.
Good thing I've never ever used Nicehash, though I tried it before and planning to invest which was halted due to personal reasons. Along with minergate, they established themselves as one of the legit online mining site, but they have the upper hand because of more features compared to the latter. They've already been years in the industry and I do think their team is working hard to improve and develop the site even further, yet this kind of attack happened. While every Nicehash investors were hoping to get refunds from their investments, there's only a slim chance it might happen. This is similar with the case of Mt. Gox, whom at that time was a very popular exchange site. Lesson here, every dollar, coin, dime you have on an online investment, wether its a mining or exchange site, practice to draw out regularly or just store what you can afford to lose.
I mined on there for about a day so only lost a few $, I would be more hurt if I had a few k though and I feel for everyone that did.
Their reputation is damaged forever. Even if they recover, they will never be what they used to be.
Well, at least it's much easier to mine now. Sorry some of you lost money, but good riddance NiceHash.
Well, at least it's much easier to mine now. Sorry some of you lost money, but good riddance NiceHash.
so at first i'm soory for you guys who lost your coins with nicehash,
but i hope this fucking "company" will never see the daylight anymore...
exactly this
yes, fuck them, they ruining whole markets
easy answer, beacuse they are lazy suckers....
fuck nicehash, fuck alternatives, fuck lazy asses...
so i hope they will shut down forever, if not then i hope that big gauys can clearly see how this shit was damaging marketes,
and now they see they can get even more without this shit, so if they will try to work that shit again hope they will be
constantly DOSSED till the end of this fucking "company"
DDOS that shit...
but i hope this fucking "company" will never see the daylight anymore...
Nicehash is a mining centralization plague, it's bad that someone can loose earnings, but if Nicehash disappears it would be a good luck 
Maybe some of its users will start mining on regular pools and trading instead of searching for another alternative for noob miners
Maybe some of its users will start mining on regular pools and trading instead of searching for another alternative for noob miners
exactly this
hahaha i hope they really got hacked, fucking nicehash
yes, fuck them, they ruining whole markets
So that's why the difficulty is down on everything.
Why don't nicehash miners just mine like everyone else
Why don't nicehash miners just mine like everyone else
easy answer, beacuse they are lazy suckers....
Whats another good alternative like nicehash? So far tried winminer, it keeps locking up my pc's every few hours. Tried minergate, seems like I should be getting paid more than what its claiming. I guess they don't have any other set it and forget it types out there as easy as nicehash?
fuck nicehash, fuck alternatives, fuck lazy asses...
so i hope they will shut down forever, if not then i hope that big gauys can clearly see how this shit was damaging marketes,
and now they see they can get even more without this shit, so if they will try to work that shit again hope they will be
constantly DOSSED till the end of this fucking "company"
DDOS that shit...
Well to find something positive about this is probably that many nicehash miners will learn how to mine for real from real pools.
Even if nicehash was about to pay all their miners I don't think their trust could be restored.
I lost $3000. Every satoshi I ever mined. I don't believe there is one in a million chance of nicehack reimbursing us a dime and I strongly suspect there was no hack. They just took the money because they could and conveniently claimed it was a hack. Who can prove otherwise?
Does anyone seriously expect to get any of the stolen funds back?
What does surprise me is the number of people who seem inclined to trust nicehack again when and if they restart their service.
Does anyone seriously expect to get any of the stolen funds back?
What does surprise me is the number of people who seem inclined to trust nicehack again when and if they restart their service.
I am sorry.
Attribution for alleged hacks is often impossible but I doubt NiceHash founders would have appeared in the livestream if they were behind it: https://www.theverge.com/2017/12/7/16748472/nicehash-cryptocurrency-mining-bitcoin-ethereum-hacking-security-breach
At the same time, it is possible the "hack" was due to insider at NiceHash or something like that. $70M in cryptos were stolen so lets say when you are an admin at NiceHash and someone approaches you with a chance to get 10% of that, would you take it?
I lost $3000. Every satoshi I ever mined. I don't believe there is one in a million chance of nicehack reimbursing us a dime and I strongly suspect there was no hack. They just took the money because they could and conveniently claimed it was a hack. Who can prove otherwise?
Does anyone seriously expect to get any of the stolen funds back?
What does surprise me is the number of people who seem inclined to trust nicehack again when and if they restart their service.
Does anyone seriously expect to get any of the stolen funds back?
What does surprise me is the number of people who seem inclined to trust nicehack again when and if they restart their service.
Did an official explanation come from Nicehash? Or is there still no explanation? I guess our money flew again. This is very depressing. I hate to wait.
There's a link to their live stream explanation on page 2 I believe. It's worth a look. Just a couple of young punks in waaaay over their heads. I'm sure they are in major violation of various regulations. If they don't make this good, I suspect they'll be sharing a prison cell. Jump to: