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Topic: POLL: Nicehash resuming operations - paying everyone back CONFIRMED (Read 1178 times)

member
Activity: 182
Merit: 12
I was mining CRC on my rig and went on holiday. Had Nicehash setup on autostart if the system resets. Happened whilst I was away, but NH profits are actually pretty decent. Good for a backup plan should your rig crash.
hero member
Activity: 1218
Merit: 534
I just keep wondering...


They lost EUR +64,000,000 EUR or USD +70,000,000... And now they are going to pay it back. This means, before the hack they had EUR +128,000,000 or USD +140,000,000.

Does this sound plausible to anyone? For me it doesnt. So where did they find +64,000,000 EUR or USD +70,000,000 within a couple of weeks to pay back everyone? I'm pretty sure no insurance company would help them.


Sorry for repeating those numbers, it's meant to be "eye opening". Wink
hero member
Activity: 1218
Merit: 534
OK I admit, I was a nicehash user. I start to build a rig then throw it on nicehash and tada.....

then it was " hacked" and force me to use other pool.....


I used nanopool, flypool and now I'm on ahashpool with nemos miner....I was making around 15$ a day with my low budget 5X1070 rigs on nicehash....

Now I'm making 25-30$ a day and getting payment directly to my wallet....


So honestly why I should get back to a site like that ?


I mean, it's fine for debutant or lazy person....but after you've taste a better pie....





We've been saying it all along.. But some people dont want to listen. Glad you saw the light.
full member
Activity: 1179
Merit: 131
It was nice to see them gone, they are a blight on crypto. They drive down the profits of loyal miners. They pump BTC and put negative pressure on alts since they are always doing alts to btc transactions. I hope they stay gone.

Loyal miners?  LOL.  Honestly how many miners care about what they mine beyond profits?  I know I don't.  I mine whatever is the most profitable.  I don't read whitepapers or support the coin's community in any way.  Sometimes I hodl, sometimes I sell right away, but if I am being honest, I do this for the money.  And I think I am in the majority.  Nicehash is also not always doing alt to btc transactions;  Nicehash is simply a marketplace to buy and sell hashpower with btc.  You are thinking of multi-algo pools like zpool that will convert everything you mine into bitcoin.  Using nicehash is really no different than trading instead of mining.  It is pure speculation.  I have made profit many times by buying hashpower on nicehash.
member
Activity: 182
Merit: 12
Has anyone jumped back on mining on NH? I'm thinking of doing it whilst I'm on holiday as it's way more stable.
I jumped right away and profits were really high, now they normalized but are still good. Let's see if they pay though Smiley
I also jumped to check what's going on. Profits seem high, but all over the place. Still find it more profitable now mining alts and selling directly. They need to change their fees if they want to see me back.
member
Activity: 140
Merit: 17
Has anyone jumped back on mining on NH? I'm thinking of doing it whilst I'm on holiday as it's way more stable.
I jumped right away and profits were really high, now they normalized but are still good. Let's see if they pay though Smiley
member
Activity: 182
Merit: 12
Has anyone jumped back on mining on NH? I'm thinking of doing it whilst I'm on holiday as it's way more stable.
full member
Activity: 287
Merit: 102
-EDIT-
It looks like everyone will get paid fully according to their CMO
https://www.justcryptonews.com/311/nicehash-will-pay-back-everyone-affected-60mln-hack
So i am guessing everyone will be back there regardless of poll results, angry tweets, etc etc... Smiley

According to https://www.justcryptonews.com/294/nicehash-coming-back-online and tweets from people supporting the service (miners for the most part), it looks like Nicehash will be making a come back.
Are you going back or not?  Huh

If they will return all pending payouts in reasonable period it could considered to be back to Nicehash mining. But at the moment I would wait...
legendary
Activity: 2394
Merit: 5531
Self-proclaimed Genius
If they are able to refund me, sure I'll have a look again. If the profitability is there I'll give it a shot, as managing my rigs to find the best altcoin to mine does take up loads of time.

Although, mining altcoins right now is very profitable compared to what NH was. So the hack might have been a good thing.
Its only good for you since you've multiple rigs for mining. (you said Rigs, so I assume you have many)
Maybe your share is a lot higher than usual at that time and the pool just got lucky.
Now some Miners are back, I guess it's back to normal.

There's nothing good happened after that hack incident.
hero member
Activity: 798
Merit: 509
Leading Crypto Sports Betting & Casino Platform
I still don’t understand why people are still going to go back to Nicehash even after the hack. It’s not incredibly difficult to mine and tune miners in the first place and you’re paying a whole lot in fees for a little convenience. Also disappointing that there are people out there mining that hardly know what coins they are mining, much less how to even use a miner like Claymore.

people in masses are morons that's why there going back to using nicehash, if you don't know better then you cant do better lol
nicehash needs to just die the fuck out

Nicehash should go offline. Its better for all.

That would be the best thing to do since there's no guarantee at all that they will refund the loss of their investors and people cannot guarantee also that they will be safe for their next investment at them. And it will be a dumb idea for sick people to trust this site since we never know if the are been hack really or another part of inside job which is executed by many scam site already.
full member
Activity: 558
Merit: 194
where are they getting the funds to repay us with? they owe me around $590

According to the news release, new investors are taking care of the payback.  They admit the stolen funds are unlikely to be recovered.

Looking on WTM, Nicehash X11Gost, Equihash, Lyra2Rev2 and NeoScrypt are already climbing the charts, currently holding positions 10, 13, 16 and 17 respectively.  It would appear that previous users are already flocking back in droves.
sr. member
Activity: 476
Merit: 278
It was a nice day to be a miner when they went down,we were enjoying x2-3 profits on some coins but i guess now thats gone.Nh was and will continue to be used mostly buy people that dont know how to dl miner,edit batch file and join a pool so it was a great and easy way for newbies or for those who just dont have the time to chase the most profitable coin every few hours
sr. member
Activity: 560
Merit: 253
It was nice to see them gone, they are a blight on crypto. They drive down the profits of loyal miners. They pump BTC and put negative pressure on alts since they are always doing alts to btc transactions. I hope they stay gone.
newbie
Activity: 3
Merit: 0
Its back online, lets see....
newbie
Activity: 16
Merit: 0
Yes but I'm not forced to wait longer to transfert to my personnal wallet.

Also I can hodl coins I want to mine.
member
Activity: 126
Merit: 10
90*c is good, right?
OK I admit, I was a nicehash user. I start to build a rig then throw it on nicehash and tada.....

then it was " hacked" and force me to use other pool.....


I used nanopool, flypool and now I'm on ahashpool with nemos miner....I was making around 15$ a day with my low budget 5X1070 rigs on nicehash....

Now I'm making 25-30$ a day and getting payment directly to my wallet....


So honestly why I should get back to a site like that ?


I mean, it's fine for debutant or lazy person....but after you've taste a better pie....




Because most coins have doubled in value since then...
newbie
Activity: 16
Merit: 0
OK I admit, I was a nicehash user. I start to build a rig then throw it on nicehash and tada.....

then it was " hacked" and force me to use other pool.....


I used nanopool, flypool and now I'm on ahashpool with nemos miner....I was making around 15$ a day with my low budget 5X1070 rigs on nicehash....

Now I'm making 25-30$ a day and getting payment directly to my wallet....


So honestly why I should get back to a site like that ?


I mean, it's fine for debutant or lazy person....but after you've taste a better pie....


full member
Activity: 1148
Merit: 132
I still don’t understand why people are still going to go back to Nicehash even after the hack. It’s not incredibly difficult to mine and tune miners in the first place and you’re paying a whole lot in fees for a little convenience. Also disappointing that there are people out there mining that hardly know what coins they are mining, much less how to even use a miner like Claymore.

people in masses are morons that's why there going back to using nicehash, if you don't know better then you cant do better lol
nicehash needs to just die the fuck out

Nicehash should go offline. Its better for all.
where are they getting the funds to repay us with? they owe me around $590
newbie
Activity: 17
Merit: 0
Going back to see if the $12.00 payout I had coming is still pending Smiley

It looks like everyone will get paid fully according to their CMO
https://www.justcryptonews.com/311/nicehash-will-pay-back-everyone-affected-60mln-hack
newbie
Activity: 11
Merit: 0
Going back to see if the $12.00 payout I had coming is still pending Smiley
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