Author

Topic: Number 9! Ninth altcoin thread. Back to the moon Baby! - page 153. (Read 66416 times)

legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
grin is pushing 5.95 usd.

nice
legendary
Activity: 1498
Merit: 1030

Kinda shows you where GPU manufacturers (well, mostly AIBs) try to save money and cut costs as much as they can. In a way I understand if they do it on entry/base models. But seriously, the Aorus/Windforce series is not what I would call cheap.


Aorus isn't cheap, they use good quality fans.

Cheap doesn't always mean low cost, sometimes it means they put cheap parts in something - like the Windforce models with sleeve bearing fans (might have saved them a buck or two per fan, NOT WORTH THE COST SAVINGS therefore "cheap").
legendary
Activity: 3808
Merit: 1723
They posted an update on their blog on the situation,
https://www.nicehash.com/news/nicehash-statement-regarding-latest-allegations

Either way. Not really concerned, rarely use Nicehash for mining and I never keep a large BTC balance on there to rent rigs.

Regarding the repayment program. It seems for some reason % amount is slowing down. On May 31st they did their 76%, then on April 30th did their 75%, March 29th was their 74%, etc. So at this rate, if we assume % per month, it will take 24 more months so about 2 years. Depending on how much you got sitting there, might not be worth the wait.
copper member
Activity: 294
Merit: 1
I can understand why you are happy, it is gladdens to see your efforts and risks pay off, I am seeing one of the coins that have done so well recently on your list and that is litecoin. Congratulations and be smart to know when to make your exit. I haven't mined because of the difficulty in procuring the device and maintenance cost. Still seeking the knowledge though
legendary
Activity: 3444
Merit: 1061
I've logged into my Nicehash account probably since the hack and its still stuck at 76%. Wondering if its worth it to just cut the losses and take the 76% now that BTC is higher.

Anyone know what the "End repayment program" button does? I am assuming it makes them not pay you anymore, why would anyone click that?

i didn't enter the repayment program, there was a certain percentage of BTC that was returned, remaining BTC owed still visible.

i withdraw what was returned a few weeks ago, now a little amount was transferred to again from what was owed..

i think you can withdraw that 76%  and wait until the remaining balance is withdrawable

but here is the catch, nicehash removed my old balance some months ago, because "the repayment program ended" so all is gone if i didn't act, i emailed them and repayment program was re enabled in my account, i didn't enter that program, took what i can withdraw, now just waiting until all is paid.
legendary
Activity: 3808
Merit: 1723
I've logged into my Nicehash account probably since the hack and its still stuck at 76%. Wondering if its worth it to just cut the losses and take the 76% now that BTC is higher.

Anyone know what the "End repayment program" button does? I am assuming it makes them not pay you anymore, why would anyone click that?
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
They owe me 0.017 they paid me 0.054
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
much to my surprise, a couple days ago nicehash paid a little more from what they owed me from the hack a couple years ago. not much, and they still owe me, but a payment came through. it has been a loooong time since the last payout.. maybe over a year.

This is my own personal understanding on the subject.

I've been getting regular payouts from Nicehash from their repayment program as soon as I started mining again. If you're not mining, the repayments will not be regular; instead they will accumulate in your mining account until the preset limit is reached, at which point they pay it out to the wallets. The minimum payout limit is dictated by the network fees

thanks, that explains it then. i havent mined there since the hack. if they ever finish paying me off i may reconsider.

not that i have tons of hash, so i dont miss it at all.
member
Activity: 72
Merit: 11
re: nicehash

much to my surprise, a couple days ago nicehash paid a little more from what they owed me from the hack a couple years ago. not much, and they still owe me, but a payment came through. it has been a loooong time since the last payout.. maybe over a year.

anyone else get a payout? or has anyone received all that they are owed?

This is my own personal understanding on the subject.

I've been getting regular payouts from Nicehash from their repayment program as soon as I started mining again. If you're not mining, the repayments will not be regular; instead they will accumulate in your mining account until the preset limit is reached, at which point they pay it out to the wallets. The minimum payout limit is dictated by the network fees
member
Activity: 224
Merit: 18
Saw this post and got feedback that this is old news - anyone can confirm?

https://decrypt.co/7370/nicehash-founder-charged-fraud

I have a bunch of X13 ASICS still on Nicehash and it will be a sad day if NH goes away.

December 2017 hack was probably an inside job--->sell high, refund through repayment program

just like cryptopia hack February 2019 hack--->buy low, refund users in fiat with a lot of deductions(hack, expenses etc.)

they all stink of inside job, they know stuff, they know how things work and they think they can get away with it...with so much money on their hands it was irresistibly tempting.

if they are gone, someone will simply replace them.

How did they know that Bitcoin would peak in Dec 2017 so they could refund by buying back cheaper coins in the bear market? They couldn't. I think its just a coincidence that they got hacked right at the peak.

From what I remember they got some share holder or some company to lend them money so they could start the repayment program, it happened when BTC was pretty high (i think in 5 digits somewhere).

What would they do if BTC eventually went to $100,000 a coin? They would have to pay more to refund thru repayment program? It just doesn't make sense.
there were a lot of signs that correction would happen but even if they didnt saw them they could just close shop and disapear with money,this way they still made big profits buy returning people their btc at 1/5 price
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
re: nicehash

much to my surprise, a couple days ago nicehash paid a little more from what they owed me from the hack a couple years ago. not much, and they still owe me, but a payment came through. it has been a loooong time since the last payout.. maybe over a year.

anyone else get a payout? or has anyone received all that they are owed?
hero member
Activity: 1151
Merit: 528
What would they do if BTC eventually went to $100,000 a coin? They would have to pay more to refund thru repayment program? It just doesn't make sense.
They would just disappear!  Wink
legendary
Activity: 3444
Merit: 1061
Saw this post and got feedback that this is old news - anyone can confirm?

https://decrypt.co/7370/nicehash-founder-charged-fraud

I have a bunch of X13 ASICS still on Nicehash and it will be a sad day if NH goes away.

December 2017 hack was probably an inside job--->sell high, refund through repayment program

just like cryptopia hack February 2019 hack--->buy low, refund users in fiat with a lot of deductions(hack, expenses etc.)

they all stink of inside job, they know stuff, they know how things work and they think they can get away with it...with so much money on their hands it was irresistibly tempting.

if they are gone, someone will simply replace them.

How did they know that Bitcoin would peak in Dec 2017 so they could refund by buying back cheaper coins in the bear market? They couldn't. I think its just a coincidence that they got hacked right at the peak.

From what I remember they got some share holder or some company to lend them money so they could start the repayment program, it happened when BTC was pretty high (i think in 5 digits somewhere).

What would they do if BTC eventually went to $100,000 a coin? They would have to pay more to refund thru repayment program? It just doesn't make sense.

charts, crypto volume, number of miners, crypto traders, raining ICO's...are some signs of a incoming peak of bitcoin, now invert that logic and you have signs of bottom coming.

did a quick search and found this..

https://www.reddit.com/r/NiceHash/comments/8plitx/what_is_hbit_doo_this_appears_next_to_the_green/

Quote
H-Bit is the investor brought on after the Nicehash hack. It is owned by Martin Škorjanc, the father of Matjaž Škorjanc who is the CTO of Nicehash.

kind of like cryptopia, family involved hehe

here is the trick.."LLC" limited liability company--> "limited liability" this is a legal way to protect personal assets.

just do a simple math here.., and when crypto exceeds the company's value, you can either "trim the fat" or simply retire.

a self hack exit scam executed legally  Cool

the refund program by the way is in BTC not USD..



legendary
Activity: 3808
Merit: 1723
Saw this post and got feedback that this is old news - anyone can confirm?

https://decrypt.co/7370/nicehash-founder-charged-fraud

I have a bunch of X13 ASICS still on Nicehash and it will be a sad day if NH goes away.

December 2017 hack was probably an inside job--->sell high, refund through repayment program

just like cryptopia hack February 2019 hack--->buy low, refund users in fiat with a lot of deductions(hack, expenses etc.)

they all stink of inside job, they know stuff, they know how things work and they think they can get away with it...with so much money on their hands it was irresistibly tempting.

if they are gone, someone will simply replace them.

How did they know that Bitcoin would peak in Dec 2017 so they could refund by buying back cheaper coins in the bear market? They couldn't. I think its just a coincidence that they got hacked right at the peak.

From what I remember they got some share holder or some company to lend them money so they could start the repayment program, it happened when BTC was pretty high (i think in 5 digits somewhere).

What would they do if BTC eventually went to $100,000 a coin? They would have to pay more to refund thru repayment program? It just doesn't make sense.
legendary
Activity: 3444
Merit: 1061
Late reply to the thread 8 question about Zotac - I'm starting to have fans fail on the few Zotac mini cards I own.
I can NOT recommend most of their cards (or the NEW model EVGA stuff) due to their use of "fancy name" sleeve bearing fans and the resulting FAST FAILURES on those fans.

I'm more than a little ticked off at EVGA lately, as they're moving across the board away from their long-time use of GOOD ball bearing fans to JUNK - first it was the bloody G3 power supplies, now their graphic cards....


I haven't ever used a Zotac brand GPU, however I am aware that they are more on the cheaper brand of aftermarket GPUs.

Regarding the sleeve bearing fans, are those similiar to those of the Gigabyte Windforce series type of fans? They were notorious for failing constantly due to the bad design and always allowed dust to come inside the bearing and caused them to fail prematurely.

I have RMA'd a bunch of them only to get the same issue about 6-12 months later. What I found is best for those fans was to take some floss and put it around the fan blade and pull the blade off, and you can see the bearing and oil it with mineral oil and it'll last another 6 months or so.

Basically I got so good at it because of the frequency that they failed that its possible to perform it while it was still on the rig. So maybe try and pull the fan blade and try to reoil the Zotac GPUs instead of RMA'ing them.

zotac amp extreme isn't cheap, it is the top tier of the lineup, clocked higher and better cooling. i have 1 1080ti aorus extreme, fans are working but i think the cooler design is sub par compared to amp extreme, i used liquid metal on it and put 2 PWM fans and it's very cool now.

amp extreme - top tier of zotac have 'sturdy plastic' fans, that's why i was able to pull it off while it was still mining. and being on a riser helps because the cable moves when handling but not affecting the gpu-socket connection (unless gpu is screwed-steady just like in a typical case).





Saw this post and got feedback that this is old news - anyone can confirm?

https://decrypt.co/7370/nicehash-founder-charged-fraud

I have a bunch of X13 ASICS still on Nicehash and it will be a sad day if NH goes away.

December 2017 hack was probably an inside job--->sell high, refund through repayment program

just like cryptopia hack February 2019 hack--->buy low, refund users in fiat with a lot of deductions(hack, expenses etc.)

they all stink of inside job, they know stuff, they know how things work and they think they can get away with it...with so much money on their hands it was irresistibly tempting.

if they are gone, someone will simply replace them.
legendary
Activity: 1834
Merit: 1080
---- winter*juvia -----
Saw this post and got feedback that this is old news - anyone can confirm?

https://decrypt.co/7370/nicehash-founder-charged-fraud

I have a bunch of X13 ASICS still on Nicehash and it will be a sad day if NH goes away.
hero member
Activity: 1274
Merit: 556
They don't seem QUITE that bad - but I've replaced pretty close to every fan on my Windforce cards with "real" 92mm or occasionally a 92 and an 80 box fans, mostly NMB or Delta server leftovers.
Those fans not only eat a hair LESS power, they keep the cards easily 10 degrees C or perhaps a bit more COOLER - using 2 fans instead of "sometimes 2 fairly big ones, sometimes 3 smaller ones".
Down side - they ARE a lot bulkier, but that's easy to work around.
Kinda shows you where GPU manufacturers (well, mostly AIBs) try to save money and cut costs as much as they can. In a way I understand if they do it on entry/base models. But seriously, the Aorus/Windforce series is not what I would call cheap.

...and again, on the opposite side of the spectrum, ASUS equips its entry-lineup (Expedition, Dual/Dual OC) with dust-repellent, ball-bearing fans.

Go figure.
legendary
Activity: 1498
Merit: 1030
Late reply to the thread 8 question about Zotac - I'm starting to have fans fail on the few Zotac mini cards I own.
I can NOT recommend most of their cards (or the NEW model EVGA stuff) due to their use of "fancy name" sleeve bearing fans and the resulting FAST FAILURES on those fans.

I'm more than a little ticked off at EVGA lately, as they're moving across the board away from their long-time use of GOOD ball bearing fans to JUNK - first it was the bloody G3 power supplies, now their graphic cards....


what fan speeds did you set to?  90%? 95% 100%

or  65% 70% 75%


or custom  automatic

I have found the  65%-75%  manual setting range lasts longer.


They were running in the 60-70% range, depending on the specific card. Perhaps 75% at most.
Not like the Gigabyte and MSI "micro" cards that had to be set higher even on ETH mining just to stay under 80C.




Late reply to the thread 8 question about Zotac - I'm starting to have fans fail on the few Zotac mini cards I own.
I can NOT recommend most of their cards (or the NEW model EVGA stuff) due to their use of "fancy name" sleeve bearing fans and the resulting FAST FAILURES on those fans.

I'm more than a little ticked off at EVGA lately, as they're moving across the board away from their long-time use of GOOD ball bearing fans to JUNK - first it was the bloody G3 power supplies, now their graphic cards....



Regarding the sleeve bearing fans, are those similiar to those of the Gigabyte Windforce series type of fans? They were notorious for failing constantly due to the bad design and always allowed dust to come inside the bearing and caused them to fail prematurely.


They don't seem QUITE that bad - but I've replaced pretty close to every fan on my Windforce cards with "real" 92mm or occasionally a 92 and an 80 box fans, mostly NMB or Delta server leftovers.
Those fans not only eat a hair LESS power, they keep the cards easily 10 degrees C or perhaps a bit more COOLER - using 2 fans instead of "sometimes 2 fairly big ones, sometimes 3 smaller ones".
Down side - they ARE a lot bulkier, but that's easy to work around.
jr. member
Activity: 85
Merit: 6
I found a North American pool for mining GRIN and payouts in either BTC or ETH: https://thegrinpool.com/


sample config for using bminer in SMOS: -uri cuckaroo29://smitha789%40gmail%2Ecom%2F10:[email protected]:4747  -api 127.0.0.1:1880

where:

USERNAME= smitha789%40gmail%2Ecom%
Rigname= 2F10
PWD =foo
legendary
Activity: 3808
Merit: 1723
Late reply to the thread 8 question about Zotac - I'm starting to have fans fail on the few Zotac mini cards I own.
I can NOT recommend most of their cards (or the NEW model EVGA stuff) due to their use of "fancy name" sleeve bearing fans and the resulting FAST FAILURES on those fans.

I'm more than a little ticked off at EVGA lately, as they're moving across the board away from their long-time use of GOOD ball bearing fans to JUNK - first it was the bloody G3 power supplies, now their graphic cards....


I haven't ever used a Zotac brand GPU, however I am aware that they are more on the cheaper brand of aftermarket GPUs.

Regarding the sleeve bearing fans, are those similiar to those of the Gigabyte Windforce series type of fans? They were notorious for failing constantly due to the bad design and always allowed dust to come inside the bearing and caused them to fail prematurely.

I have RMA'd a bunch of them only to get the same issue about 6-12 months later. What I found is best for those fans was to take some floss and put it around the fan blade and pull the blade off, and you can see the bearing and oil it with mineral oil and it'll last another 6 months or so.

Basically I got so good at it because of the frequency that they failed that its possible to perform it while it was still on the rig. So maybe try and pull the fan blade and try to reoil the Zotac GPUs instead of RMA'ing them.
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