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Topic: question about selling all btc with nicehash - page 2. (Read 763 times)

jr. member
Activity: 33
Merit: 1
Sigh!!
Edit: with the google app it keeps sending a new code every 30sec and i put in the email code and the google app code but it keeps saying "invalid"

https://www.reddit.com/r/Bitwarden/comments/ol8g69/warning_please_stop_using_google_authenticator/

Here' my Warning.
Don't ever have a account with any business that make it compulsory to use google auth app, because you be a victim of not able to withdraw from that account I'm sure nicehash is enjoying that extra crypto coin from some of there account holders.

legendary
Activity: 3542
Merit: 3625
Crypto Swap Exchange
Like i said..i can log into my nicehash account so infact my verification is successful but withdrawing btc requires the only option they have and that is the google 2FA authenticator app that is broken.
What exactly is broken?
Google app, nicehash auth page or your device where you have installed google auth app?
jr. member
Activity: 33
Merit: 1
I have been trying to withdraw btc from my nicehash account but clearly nicehash has made this difficult and i have wasted unnecessary time trying to do so.
The google 2FA authenticator app is broken and doesn't complete verification with nicehash and that's the problem they have created for me, with no other 2FA option's to have verification.
Like i said..i can log into my nicehash account so infact my verification is successful but withdrawing btc requires the only option they have and that is the google 2FA authenticator app that is broken.
legendary
Activity: 3542
Merit: 3625
Crypto Swap Exchange
I will also add that without 2FA enable my account or anyone's account is not usable and cannot withdraw and the crypto will remain the ownership of nicehash.
And if a nicehash account holder does not use the authenticator app then the account holders crypto will remain the ownership of nicehash.
Uh, man, 2FA is just an additional method of authentication and it is exclusively for safety reasons. I don't know why there's so much drama about it, it's pretty simple and you can do it without giving a lot of personal information. Only one app on your mobile device.

If something bad happens to your account, someone hacks it and drains the funds from there, you would probably complain here that they are unsafe.
2FA is a useful and desirable method of additional authentication

Quote
How many accounts does nicehash have that have no withdraw activity...probably lots.
I am sure that when they were founded, it was not their business idea to have many abandoned accounts that they would seize one day.

Finally, activate 2FA, withdraw funds from there and forget they ever existed. I don't know why you are torturing yourself and prolonging your agony because of this service.
jr. member
Activity: 33
Merit: 1
I will also add that without 2FA enable my account or anyone's account is not usable and cannot withdraw and the crypto will remain the ownership of nicehash.
And if a nicehash account holder does not use the authenticator app then the account holders crypto will remain the ownership of nicehash.
How many accounts does nicehash have that have no withdraw activity...probably lots.

"Quote"
"I disagree that all factors are made equal" and that should not be there default factor.
Yep...And that is true and scanning the screen with google authenticator app is a good example how crap it is.

12:11
https://www.youtube.com/watch?v=xhoP1dbsGeg

nicehash 2FA  =  no withdraw from a nicehash account  =  nicehash is now by default the new owner of someone else's crypto.

Wow Amazing those scammers must be proud.

https://www.reddit.com/r/NiceHash/comments/1f50znr/what_a_scam_of_a_company/
jr. member
Activity: 33
Merit: 1
It's just a verification process and i have been verified when i log into nicehash account, now after i been "verified" into my account and now attempt to withdraw btc i then have to be "verified" again but now with a 2FA authenticator app.
You just fuggin wait because in the future they will force you to send a blood sample to prove who you are....nicehash is scam plain and simple and i hope they burn in Hell.
legendary
Activity: 2730
Merit: 7065
It seems you don't want to learn anything new and prefer criticizing and attacking rather than figuring out what you are doing wrong. Fine, have it your way. Stick with online banking, usernames, and passwords. If you can't figure out how to activate and use 2FA, you sure as hell won't understand private keys, addresses, seeds, non-custodial wallets, transaction fees, and everything else Bitcoin has to offer. Plus, you are likely to commit a serious mistake and lose your funds.

Crypto isn't for everyone, so for your own good, stick to what you know.
jr. member
Activity: 33
Merit: 1
Logging into my bank account is so easy, Username/password /and a phone verification code/ ....done.
legendary
Activity: 2646
Merit: 6681
Self-proclaimed Genius
-snip- and i did ever thing correct with my android phone and i only receive one code via email but not the second code...
I believe I've already explained why you've received only the email verification code and how to proceed.

I got to condemn nicehash with forcing me to use a authenticator app that wants to install Tiktok and other crap stuff that interrupts the process this is nothing but stupid...and i was stupid to mine btc years ago and do this cypto crap.
Nicehash is truly going evil with their latest requirements.
However, the issue in this thread is 'more than just them' and Nicehash doesn't represent cryptocurrency, they are more of a "service utilizing crypto".

P.S.: This will be my last reply to this tread.
jr. member
Activity: 33
Merit: 1
nicehash has failed with 2FA that is why there is so many complaints with there 2FA tutorial at Youtube and i did ever thing correct with my android phone and i only receive one code via email but not the second code...i still believe it's a scam it's obvious they don't want old accounts used.
I got to condemn nicehash with forcing me to use a authenticator app that wants to install Tiktok and other crap stuff that interrupts the process this is nothing but stupid...and i was stupid to mine btc years ago and do this cypto crap.
legendary
Activity: 2730
Merit: 7065
I added a pic and removed my location & ip...i get the nicehash verification code via email but not the 6-digit (2FA) security code that is also required.
It seems if i log into my nicehash account via PC i still have to use my phone to scan the code to complete and enable 2FA.

https://imgur.com/a/8dpY4tD
I think you are just a little confused about how to use 2FA. The image looks fine to me. Copy and paste the code you receive over email into the appropriate spot. To get the 2FA code, you have to initiate the 2FA setup in your NiceHash account and scan the QR code that appears on screen using the 2FA app on your phone. That should add a new entry in your 2FA app with a 6-digit code that changes every X seconds. Before the code changes, enter it on the NiceHash website and confirm 2FA activation.
legendary
Activity: 2646
Merit: 6681
Self-proclaimed Genius
It seems if i log into my nicehash account via PC i still have to use my phone to scan the code to complete and enable 2FA.
Yes, there should be a QR Code in Nicehash security setting to scan via your authenticator app, after clicking "Enable 2-factor Authentication" button.
That will create a "Nicehash" entry on that authenticator app that will be able to generate 2fa authenticator codes on-the-fly,
You will use that for that initial setup and every time you login.

If you use that button again to see the qr code, use the new email verification code that they will send you, not the old one.
jr. member
Activity: 33
Merit: 1
I added a pic and removed my location & ip...i get the nicehash verification code via email but not the 6-digit (2FA) security code that is also required.
It seems if i log into my nicehash account via PC i still have to use my phone to scan the code to complete and enable 2FA.

https://imgur.com/a/8dpY4tD

I got a email reply from nicehash in regards to enable 2FA and they gave me the tutorial at YT and reading comments some other user not liking it either.
https://www.youtube.com/watch?v=_hkVGwf9wVk
legendary
Activity: 2646
Merit: 6681
Self-proclaimed Genius
I believe nicehash is doing this deliberately with my account without 2FA activate it is useless and cannot transfer nothing!! It's a great way for nicehash to keep that btc and i hope they burn in Hell with it and they never did reply to my support question i sent a few weeks ago.
Question; have you set a withdrawal address before and will use that to withdraw? Or you're setting a new address?
Because if you're setting a new address, you'll have to comply with their rule of enabling 2fa to add a new withdrawal address.
More info here (posted in 2020): https://www.nicehash.com/blog/post/2fa-security-is-now-mandatory-for-adding-new-withdrawal-addresses
In you're previous thread, you haven't stated that the prompt to enable 2fa is when you're trying to withdraw.

If the former, then it's actually deliberate.

I sent a email to nicehash support about there two-factor (2FA) authentication on my account as 2 codes from them is required buy they only send 1 and cannot complete 2FA.
You're really supposed to receive only one "verification code".
I believe the other code is the 2fa code generated by your 2fa authenticator app after scanning the code provided by Nicehash.
Be quick on entering those since the 2fa code changes to a new code after each timeout.
jr. member
Activity: 33
Merit: 1
I sent a email to nicehash support about there two-factor (2FA) authentication on my account as 2 codes from them is required buy they only send 1 and cannot complete 2FA.
Why can't nicehash simply make (2FA) straight forward to complete and activate i have a PC and a Mobile phone yet they make it difficult to activate.?
I believe nicehash is doing this deliberately with my account without 2FA activate it is useless and cannot transfer nothing!! It's a great way for nicehash to keep that btc and i hope they burn in Hell with it and they never did reply to my support question i sent a few weeks ago.
jr. member
Activity: 33
Merit: 1
Thanks Pmalek for the explanation, I will use that exchange digitalsurge since i am located in Australia to swap my bitcoin for fiat and transfer the money to my bank account since i don't use btc.
legendary
Activity: 2646
Merit: 6681
Self-proclaimed Genius
To reduce the speculations about what OP's going to do with his Bitcoins in Nicehash, I'll link his other posts in Beginner's board:

legendary
Activity: 3542
Merit: 3625
Crypto Swap Exchange
Thank you nc50lc & Pmalek at least nicehash did send me a email with changes they have made and i still got the option too send my btc elsewhere i guess a lot of other businesses eventually do the same and charge a fee, i have created a account with digitalsurge that has been verified and i see it has a wallet with the trade option to receive btc and it shows my btc address so i should be able now to receive my btc at digitalsurge.
Nicehash is not a wallet service, therefore, holding crypto with them is not the best idea. Well, to begin with, the best solution would be to choose one of the recognized wallets and move BTC there. After that, you can do what you want with your coins, whether you keep them or sell them is up to you without any conditions.
legendary
Activity: 2730
Merit: 7065
...i have created a account with digitalsurge that has been verified and i see it has a wallet with the trade option to receive btc and it shows my btc address so i should be able now to receive my btc at digitalsurge.
I guess you are from Australia or live somewhere in Oceania based on your choice of exchange. Since you already created and verified your account, you can use it to swap your bitcoin for fiat and transfer the money to your bank account. But if you are planning to hold BTC, it isn't recommended to use custodial services like exchanges as wallets. They are not wallets even though they like to portray themselves as such. An exchange is a place to buy, sell, and trade bitcoin and crypto. You are safer holding the coins in a non-custodial wallet whose keys only you control. The best combination of security and convenience is an open source hardware wallet.
jr. member
Activity: 33
Merit: 1
Thank you nc50lc & Pmalek at least nicehash did send me a email with changes they have made and i still got the option too send my btc elsewhere i guess a lot of other businesses eventually do the same and charge a fee, i have created a account with digitalsurge that has been verified and i see it has a wallet with the trade option to receive btc and it shows my btc address so i should be able now to receive my btc at digitalsurge.
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