Bitcoin Forum

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?

link?

as much as i can see from their twitter feed
they are just running a maintenance and i think it will be fixed soon
not to worry much

its more than that all thier pools are dead too

They're just cleaning the leaves out of the pools.

All my rigs stopped hashing at 3:37AM Eastern time.  It wasn't until well after 4:00AM the "maintenance banner" went up on their front page.  I got the rigs switched over to mph for now.

It has now been over 6 hours, so this is way past a normal maintenance window.  And yes, there have been reports on twitter and facebook about wallets being emptied out.  For example:

https://www.facebook.com/photo.php?fbid=10154808503106152&set=p.10154808503106152&type=3&theater

Hope nicehash stays in maintenance for a long while.
Because for little miner guys like me, my mining profits has more than doubled.

That would explain why on some popular equihash pools the hashrate dropped quite significantly. Also the ETN nethash dropped by 10%. Not too bad if they are down but I hope that they were not hacked and people lost money.

https://www.reddit.com/r/NiceHash/comments/7hxxp3/hicehash_hacked/

shows various twiiter feeds all saying their balances = 0

My rigs still stand. Connection no. But my account balance shows correctly. On the nicehash website says that technical work is underway. This has never happened before. It seems to me that this is a serious problem. They probably broke and they don't want to talk about it in order not to lose customers.

See good in bad, I like.

Nicehash is down, and I can see difficulty of several coins has dropped like 30% or more

Yeah looks like my wallet balance went to zero :(

Has anyone considered that they might have moved all balances to a single address while they do maintenance?

http://www.vaulttech.it/2017/12/06/nicehash-vittima-un-attacco-hacker-furto-56-milioni-euro/

Address it all went too

https://bitinfocharts.com/bitcoin/address/1EnJHhq8Jq8vDuZA5ahVh6H4t6jh1mB4rq

Proper look at the account https://blockchain.info/address/1EnJHhq8Jq8vDuZA5ahVh6H4t6jh1mB4rq

Final Balance   4,736.42642789 BTC

 £45,781,484.42 @ £9665.83 to 1 BTC

WTF!!!!!

It is a bit worrying, But i do think everyone is quick to grab their pitchforks.

I checked my 2x NH wallets and they show 0 transactions so a little worried.

Just been thinking about if they have been hacked and the funds in my NH wallet have been taken.

I have 2FA enabled so, in theory, this would stop them.

You also get a mail with a code, a massive long string of code to confirm the transaction also.

NH have their own wallet.

I have a wallet with NH but it is it's own wallet so again in theory only I should have access to it.

Yea, I'm worried. Had $600 in my wallet. I tried checking it, with a few websites, and they all say 0. There are no transactions at all tho. No sends no receives, nothing. One site had a thing on the bottom that said "No transactions. If you are seeing this message, this address may not of been used yet.", so on the other hand I'm not seeing where anything was moved either. I remember hearing something before about their addresses not being an actual address, only an internal address specific to them, so I dunno. Definetly stressful waiting for info.

Boy, this really is a good example why it's important for companies to be a little more transparent with their customers when they do things that are service affecting... Take the BTC transfer mentioned above - it could be one of two things:

#1, Transfer all wallet funds into a temporary wallet when changing something on the existing wallet (good safety measure)
#2, Hacker transferring all wallet funds to their wallet - poof!  Your money is gone.

Since Nicehash has been around the block for a while, I'd like to assume they've got things running pretty tightly on the wallet side of things, so let's assume for now it's #1 - the problem by not coming out and saying what's going on beyond "Our service is currently under maintenance.", or the equally enlightening "it might take longer than expected."  

So are they going "Oh crap!  We need to get these servers up now!  What's taking so long?!" - or are they saying "Oh crap!  All the money is gone!  What are we going to say?!"

Either way, no one can do anything but sit on the sidelines and wait because no one will know anything until they give us some sort of update.

If you are checking your addresses on from Nicehash, you won't find it, its because they are using internal addresses from their site, and you can't find them on Blockchain at all

is it real?
oh myg god
my btc is still store on nicehash

any news now? I still cannot open nicehash web, and cannot cek my wallet

anyone have ask the nicehash about this?

Just before payday too :(.. Guess im out a week of mining :/

If they never come back where should i take my 1060/1070 rig? Are there any other switching miners? I loved that it was doing the most profitable coin at any given time. Instead of staying on one all day/week.

Wow nice

You are wrong! I could find my and many people can find theirs. It's 0 now. Fuck (bad) hackers!

Reading through reports here and on Reddit I see two possible scenarios here

1. Nicehash has been hacked

Or

2. Nicehash detected some kind of internal breach and as a security precaution they moved all coins they controlled to a new wallet they control.

• Why would they do this? Possible reasons include their private keys were compromised or passwords were stolen
• A high level employee with access may have made a threat or been a security risk so they (over?)reacted by moving everything

In either scenario it's likely going to be a while before we really know the truth. I'm sure they are contacting authorities and are beginning investigations.

My advice is to pick a coin you like and start mining it or start looking for NH alternative sites.

Oh dear irony... Was checking Nicehash reddit, when reddit server went down as well... http://prntscr.com/hjxas3
What is next? Is Bitcoin Talk going down... Bad luck everywhere...

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 :D

For those of you that want to mine a profitable coin
this is the link to one of our supported pool.

http://bsod.pw/



this is our website
http://crowdcoin.site/

We hope the best,
Crowdcoin Team

hahaha i hope they really got hacked, fucking nicehash

Holy shit, this is big. HOPEFULLY they shut everything down becourse they found the exploit in time. Otherwise the hacker is a really rich man.... Holy shit... I like nicehash  >:(

Yes. I hope like that. Nicehash will be fine

It's been half a day now and this is certainly no longer a "regular maintenance". If they were hacked then this is theft and a SWAT team will stomp those hackers out.
There is another downside to mining crypto. The constant fear of getting hacked. It doesn't matter if Bitcoin is unhackable, they just go for the weakness - the exchanges, etc.

blatantly wrong. any buyer can see their wallet transactions on the block chain. And I can clearly see 50ish withdrawls from my nicehash wallet between 2017-12-06 02:27:00 and 2017-12-06 06:15:12 averaging about 1btc each.

Recently switched away from using NiceHash so havn't been affected by this, hope it turns out that they are actually just doing maintenance and everyone's balances remain intact.

Is this just the nicehash selling pool? because i  am in the solo mining of nice hash and everything is working.

They probably stored all those generated private-keys on one single repository, unencrypted. Ouch..

Are you sure? Picture/screenshot and timestamp to prove?

I wouldn't continue to mine if it let me , just in case.

Had plan to try Nicehash but didn't yet.. so nothing affected on my side .. but still what is the current status ?

https://twitter.com/NiceHashMining/

That's as much as I know.

This doesn't look good. They have been down for maintenance for 6+ hours. I feel some lawsuits on the horizon. I don't understand why miners don't just mine the most profitable coin and go through a proxy service like nicehash. I moved off of them a year ago and mine directly to a wallet of the coin I am currently mining in. When I need to take profit I move it to an exchange and do so.

Hello guys, nicehash is not using standard wallet for transaction so it’s normal if the balance is 0. If you notice there are not transaction even if you had it before.

The thing is big and even the two factor authentication is not safe because if someone hacked the server the two factor aurh can be bypassed.

Usually the keys and the password are not stored cleared so if someone hacked them has been really good on it or they keep clear all users data.

My two cent.

Everyone saying about having 0 on their wallet and checking it out on the block chain.. Doesn't really understand how their system works...

They will not literally deposit any money on the wallet they generate to you as it would have unnecessary network cost for them.. What they do is just add an entry on their database pointing that address X has Y balance... And when you ask for payout.. Then their internal address will send out the money and deduct from the database...

Só tracking your NH address on the blockchain won't work.. You might be able to see it through if you have made any deposit to it previously.. But you might never see that address sending funds directly to you.. Or you might even see that it has been zero out long time ago....

Supposedly this is a chat with a Nicehash Dev
https://s2.postimg.org/6hp3uzdc9/m77azfqm7c201.png

I wish I had .0001 BTC for every time a "hack" rumor circulated. Fun to watch all the guppies swim to and fro. Here's a hint. Don't leave money in ANY wallet. At least not any amounts that will be painful to lose.

  Its all gone people , just  accept it :)                                                                      its a celebration             (++)                       YEah mon   
     

 we all got goxed in the a on a wednesday !   


dont cry, just suck on these sweet boobies （•_ㅅ_•）oow yeah ^ ༼ つ ◕_◕ ༽つ （•_ㅅ_•） yamyamyamyamyam

LMAO!!! " Promise I won't tell anyone"!! WTF....good thing that developer stayed the company course. She would have lost her job due to that Judas!!

Why should anyone leave his money on a pool , ppl still don't understand cryptos , never trust third party ,if they don't run with your money someone will hack them and run with it , so it's a matter of time to be stolen , control your private keys control your own money....no banks in crypto

Yeah she should have said "Our PR team will send out an update soon regarding the outage"

Instead she said "handle the situation"

to me "handle the situation" implies something not good.

Not auth to say anything - confirmation that they were hacked. Supprised its happen now. They have been around for quiet long time

Tanja is famous now. LOL. Or...."infamous".

Payouts are scheduled in this case, at least to my knowledge.
A lot of Crypto mining is about trust and contributing to the network and pools, i guess.

Ohhh. If it is a hacker attack, I'm very sorry for people who will who will lose their coins.
A week ago I stopped to use their service and went to dig for myself and now I delighted with my decision.

No trust is needed in crypto , if ppl used it the rigth way , we would't see MT gox or nicehash or any other basterds stealing ppl hard earned money , just use it the right way.

That leaves out a lot of traders and users of bitcoins that need to exchange bitcoins for fiat at a regular basis (or vice versa). I'm not saying you're wrong - I'm saying a different solution needs to be found. This is why I am long on DEX alts. (All of them).

Pool payout is minimum 0.1 BTC that I transfer every few days to my main wallet, I don't keep money with Nicehash but I've lost possibly a payout due tomorrow, over £900
I just wish Nicehash would make a statement it's the not knowing that fuels rumours and attacks the companies reputation..

There are some solutions now for exchanging , like direct exchange from your wallet with local trader , ppl will have difficult time while learning how to control thier own money , it's a fact that most of us don't like to take that risk to control our own money.

So that's why the difficulty is down on everything.

Why don't nicehash miners just mine like everyone else  ???

You mine 0.1 BTC every few days and still using nicehash?

My profits are off the charts today with NH down =P

Only cos it's easy and use several different miners and it pays out in BTC, suppose I'm just lazy

https://www.wikitribune.com/story/2017/12/06/technology/cryptocurrency-site-nicehash-may-be-hacked/26595/

i love me some low difficulty. time for us miners to make a quick buck and not the hashpower whales. mine on!

nicehash work(ed) for those that had other careers and/or wife/kids.  the time to research, switch and move all the time isn't always worth the time away from the first two things. should seem obvious.

unfortunately a lot of users didn't move their coins from NiceHash wallets  ::)
I hope for them that nothing bad happened but so many hours of unexpected manteinance are strange

Because more of them are single GPU users that do not know how to setup different wallet than BTC and then to find pools to join, download the appropriate miners, setup them and so on.
It's not so easy to do when you are not tech savvy.

On the other note even if they are hacked, they will be back or someone else will take their place. It's very lucrative business and they are/were the market leaders.

I hope they never come back from maintenance. My profits are over double what they were.

Also, it's all downward selling pressure on coins I like.

Though, people getting robbed does suck admittedly.

Any competent miner would have backup pools setup...the 40 terahash of scrypt is already piling on the LTC blockchain.

I set them as a failover and it's showing "alive" right now in my miner status.

X11 is alive, Scrypt still dead. Looks to be coming back on line.

they said the same text

we are very sorry for the inconvenience caused. Our team is working hard to resolve the issues on the service, it might take longer than expected. We'll keep you updated!

From a translated article


Edit: Article
https://www.tweaktown.com/news/60060/nicehash-hacked-tens-millions-dollars-up-air/index.html

WklTribune has reported that they've been in contact with NiceHash CEO Andrej Nabergoj, who said that NiceHash is "assessing the situation and working with the authorities. We'll have a public statement shortly".

If authorities are involved that is not a good sign!!

http://prntscr.com/hk0qvb Someone forwarded message from MiningClub.info... I don't know how much can this be trusted since its not from official source, but hey...its something...

Interesting Facebook Post - https://www.facebook.com/NiceHash/posts/2012288672323602?comment_id=159500037993147&comment_tracking=%7B%22tn%22%3A%22R9%22%7D


If this is real and this was a planned outage, it's an absolute shit-show from a customer service standpoint to not make any announcement that NH will potentially be down for 2 days.

I think its a mistake

No joke...  looks like the end of the road for Nicehash.  Hope you all moved your earnings out of their wallet before this happened.

https://www.facebook.com/NiceHash/posts/2012613285624474

Post Link - https://www.facebook.com/NiceHash/posts/2012613285624474

What a bunch of idiots for holding that much in hot wallets. Not surprising though given their amateurish history.

Also, based on the screenshot, Tanja knew she can't say anything and let the PR team come up with something which suggest that it's a hack. I mean if it was a technical issue, she wouldn't have straight orders not to say anything imo. Also, what technical issues a multipool could have that can't be solved within hours and one that involves moving funds to one address?

Edit: nevermind, hack confirmed.

Reddit: https://www.reddit.com/r/NiceHash/comments/7i0s6o/official_press_release_statement_by_nicehash/
Facebook: https://www.facebook.com/NiceHash/posts/2012613285624474
Twitter: https://twitter.com/NiceHashMining/status/938504277168934912

its official on face book


Dear NiceHash users!

Unfortunately, there has been a security breach involving NiceHash website. We are currently investigating the nature of the incident and, as a result, we are stopping all operations for the next 24 hours.

Importantly, our payment system was compromised and the contents of the NiceHash Bitcoin wallet have been stolen. We are working to verify the precise number of BTC taken.

Clearly, this is a matter of deep concern and we are working hard to rectify the matter in the coming days. In addition to undertaking our own investigation, the incident has been reported to the relevant authorities and law enforcement and we are co-operating with them as a matter of urgency.

We are fully committed to restoring the NiceHash service with the highest security measures at the earliest opportunity.

We would not exist without our devoted buyers and miners all around the globe. We understand that you will have a lot of questions, and we ask for patience and understanding while we investigate the causes and find the appropriate solutions for the future of the service. We will endeavour to update you at regular intervals.

While the full scope of what happened is not yet known, we recommend, as a precaution, that you change your online passwords.

We are truly sorry for any inconvenience that this may have caused and are committing every resource towards solving this issue as soon as possible.

Damn. So all the balances did in fact get "stolen".

Now to wait 24 hours and see if they plan to compromise users at all.

yep that sucks nutzzz  I had 30 L3+ on there waiting for prohash to fix their issues =(

Somewhat glad that I was only mining with my 1060 for 1 day and had a $3 balance. I can call this a failed experiment. Sorry for others who most likely lost their hard earned cash. I hope they find the hackers and give them the beating they deserve.

4700 BTC sounds like a lot but it's probably just a few days or 1 week worth of nicehash accumulation. I doubt this will mean the end for nicehash, but definitely take a massive confidence hit and reduced user numbers.

Any small-time player who lost money can quickly make it back while mining over the next few days - without nicehash algo swapping, there are some incredible profits available for those to chase them.

 :(

There is an easy and working solution for situations like this, just contact bitfinex.

1) We need one more exchange, let's call it nicefinex.

2) Everyone who lost some "money" will be credited with nfx tokens.

3) Start nfx market at nicefinex.

4) Enable margin trading.

5) Start printing some magic "cryptofiat", this annoying phase can be skipped by simply adding numbers to order books.

6) Pump it.

7) Tadaa, all those dues are payed full in what, three weeks.

8.) WTF just happened?

9) I don't care, btc is going up.

edit: who ever you are, congratulations, you have the best miner there is haha!

edit2: xmr pump has something to do with this?

4700 BTC stolen ?  :'(
 could be a scam  I mean nicehash team ;D

Are you telling me that they didn't use cold storage?

$60m bitcoin locked vs constant sell pressure by miners... could be worse.

From their FB page.



Dear NiceHash users!

Unfortunately, there has been a security breach involving NiceHash website. We are currently investigating the nature of the incident and, as a result, we are stopping all operations for the next 24 hours.
Importantly, our payment system was compromised and the contents of the NiceHash Bitcoin wallet have been stolen. We are working to verify the precise number of BTC taken.

Clearly, this is a matter of deep concern and we are working hard to rectify the matter in the coming days. In addition to undertaking our own investigation, the incident has been reported to the relevant authorities and law enforcement and we are co-operating with them as a matter of urgency.

We are fully committed to restoring the NiceHash service with the highest security measures at the earliest opportunity.

We would not exist without our devoted buyers and miners all around the globe. We understand that you will have a lot of questions, and we ask for patience and understanding while we investigate the causes and find the appropriate solutions for the future of the service. We will endeavour to update you at regular intervals.

While the full scope of what happened is not yet known, we recommend, as a precaution, that you change your online passwords.

We are truly sorry for any inconvenience that this may have caused and are committing every resource towards solving this issue as soon as possible.

last line is the best: we are sorry for the inconvenience this caused.

being down for maintenance is an inconvenience. not responding to inquiries in a timely manner is an inconvenience.

getting hacked and losing all your customers money is a touch above inconvenience.

Let me fix this:

We apologize for fucking you in the ass!

Look at this guys response in the one discord channel I'm in when I posted this:

"I lost my last month's worth of mining effort because of this. Not only that, but since my car was totalled after I made the last payment, NiceHash has been my only source of income as I am still waiting for the title to the car to be released. Please...do not hate yourself as much as I hate myself right now..because it is not a fun moment"

These are sad news.. https://www.justcryptonews.com/291/breaking-nicehash-has-been-hacked-50mln-missing its all over the place.
RIP Nicehash?

Am I the first?
Okay.... Ill say it....
NiceHacked.

Mining Pool Hub have the same features as Nicehash. It has multy mining and even it is better as you can choose coin for auto exchange.

-0.14 btc ah im just idiot....hard lesson pfff

2 months/work profit Nicetrashed..pfff

Good that I didn't have much funds there. Google for kryptex if someone's looking for a substitute (auto-algo, bitcoin-payouts service)

Anyone stupid enough to leave a  MONTH'S income there deserves no less. Are you fucking kidding me?? I only use them when their earnings are higher than other sources and when I do I NEVER leave more then 2 days revenue in their wallet. Why?? Because it's THEIR Wallet!!!

It's too early to say that btc is lost
But they will not be able to solve the problem for 24 hours.
I switched to dwarfpool.

There is no reason to believe that the haul is "locked". Quite the contrary. I'm sure it will be converted and laundered ASAP.

RIP 0.05 btc. Serves me right for trusting their (assumably) corporate grade wallet security over my own.... Still though... Idiots

All their coins in one warm wallet, something not right there surely an inside job, what about back up funds? Profits?
How can a company with such technology make such a naive error??

That is the funniest thing I've read in a long time... thanks ;)

Maybe they send to cold storage monthly and the hacker knew the schedule for this.
I would think 4,700 BTC is about a months worth of mining for Nicehash users.

Thats how large pools work.  They have one wallet for a particular coin and a database to know who is supposed to get what.  If the database gets corrupted or the wallet hacked, you're up a creek without a paddle.  Auto payouts are your friend.

I had auto payouts but high limit with Nicehash was due payout tomorrow

Word on the street is the perps weren't interested in the money, they just wanted the cred/branding: NiceHack.  Coming soon to a coffee mug near you.  Customize yours with your specific amount of lost BTC, i.e., I lost 150,000シ in NiceHack and all I got was this stupid mug.

What was the minimun payout?

I ain't really sure what they plan to do with them, everyone knows where they are and are watching. The FBI can trace bitcoin transactions now so it's dead money.

Low-key was no minimum payout but weekly schedule
bigger players could have daily payouts
users of Nicehash miner could increase frequency of payouts

Something like that. They acted about 24 hours prior to the weekly payout that most miners are on.

So this was most likely planned out to coincide with the payout?

Without doubt. I'm surprised they didn't squeeze another 20 hours of mining profits ;) I guess once you are over $50m it's all the same...

I  believe it's .0005 btc as long as you are transferring .01 or less. After, it's %2.

So most people waited until. .01 then transferred. At least that's what I was planning on doing... so I lost about 70 bucks.

It's too much if you directly put it into your wallet. I think it's 4% or something. That's a hefty amount

Yup. It's not like they can take the btc to an exchange and cash it out for USD or EUR... That wallet is now blacklisted, and I don't see it going anywhere...

Im sure it probably got exchanged for a privacy based coin and laundered already.  That shit is gone.

Makes me wonder about the future of nicehash. I have a feeling they are going to just shut down soon... I don't see anyone wanting to use their services to buy mining power, which means they won't be able "sell mining power"...

I was making about 2 dollars per day with my 970 and cpu. I would suspect it being more like 50 cents a day now.

You would have seen the outgoing transaction on the blockchain. 0 spent out of it.

https://bitinfocharts.com/bitcoin/address/1EnJHhq8Jq8vDuZA5ahVh6H4t6jh1mB4rq

That's the thing about btc... there is no name associated to it, but you can track it's whereabouts.

If they are smart, they'll probably just leave the wallet be for a while until things cool down, and then they will probably mix it.

That's a common misconception, but a few million here, a few million there, pretty soon you're talking about real money.  :P  This is why use the jaws of life to get the last bit of toothpaste out of the tube.

There was an attack on bcc that hurt the scrypt profit-switching pools just a day before this.  I'm really not sure this heist was all about the money, or at least, not just this particular pile of money.  The perps may be playing a much bigger game.

The perpetrator(s) are probably gonna let the BTC sit for a few days/weeks to celebrate their successful haul.
Then after that, use several mixing services on the darknet, exchange to other privacy cryptocurrencies like Monero, then exchange back, mix it more. And finally all traces and trails are gone.

Such as?

I feel sorry for those who got their btc stolen. Damn hackers!

I'm gonna venture a guess that anyone savvy enough to clip $59m like this has a plan to disperse and liquidate the Crypto through anonymous and untraceable channels. You can track BTC transactions but NOT identities. I'm positive it's much easier than washing fiat. 

And now? Just sit and wait what will happen? If the BTC is locked, the btc price should go uuup in the sky right? :D

There is only one good thing from these lesson - another pools like Nicehash will improve their security.

So you think that a person or persons smart enough to pull this heist off is just winging it and had "no plan" to liquidate the haul??? How do you know that it's not internal? It's likely that this hack is a new method. I tend to believe that a group that knows how to clean out an entire Company's coiffures has a very viable plan to spend those proceeds. Unless.....they were fast enough to lock down the address before a transfer. That's doubtful.

Yes, it was hacked

The only people who got BTC stolen is Nicehash - none of the Nicehash customer wallets hold any BTC, just an IOU from Nicehash promising to pay you.

Having said that, I doubt Nicehash will be ponying up anytime soon ...

I was owed about $300, how about you?

The people who suffered in both cases were mining altcoins, and were out on the fringes of profit switching among the lesser known, less secure alts (bcc, for example).  Taking out some alts on the periphery might increasingly scare speculative dollars to more established currencies, not just bitcoin, but the most familiar, strongest cryptos.  Two attacks wouldn't accomplish that, so I'm just spit-balling unless there are more attacks, but if they profit from each attack with the foreknowledge of what will go down as well as the wallet proceeds, they can drive bigger and bigger attacks as they go and knock down targets like dominos.

If you were going to attack the entire system rather than just promote your corner of it, eventually all the way to attacking bitcoin itself, that wouldn't be a bad way to start.  Alts are almost an overflow for BTC.  Take that away and profit in the process, and you've got a softer final target and more resources to hit it with.

This is a worry inducing comment to say the least.

Once this stuff starts moving you need to be extra careful on sales here or localbitcoins.
Some "very good" rates people got offered here on bitcointalk were in fact dirty btc.

I would not loose one wink of sleep after putting a bullet right through the head of any of these thieves. More likely though, I would shoot them in the stomach and enjoy their slow painful death. It would not shock me in the least if this wasn't an organized Corporate, or Government attack on NH and consequently Bitcoin. Those central bank and corporate scumbags and thieves are getting very, very scared of the BTC price movement lately. They stand to lose a LOT.

How does that matter?I don't think there's such a thing as dirty BTC. It's just BTC.

I wonder if they really got "hacked"

It all seems a bit too "convenient" doesn't it. The timing....the sheer volume....the complete blackout of the site. One wallet with not only $59.000.000.00 in it, but lax enough security to be able to clean it out?? Something definitely stinks very badly.

I still have a balance but I couldn't mine, so not sure how I can get my BTC without being able to mine up to the cashout threshold

How can you tell you have a balance? Isn't the site shutdown?

People who believes that the site was hacked then you're out of your mind, this strategy was planned already of nicehash team, as the bitcoin price soar ($14k at coinmarketcap) and of course its a big win win to them everyone will believe if they will tell the world that they were hacked using those huge media/news site, and now its time, they published that were hacked? Com'on, this is not common thing, hashocean moved that way too when price is in the middle of surging. BTW get ready with hashflare too lol

Something is fishy for sure...
https://bitcointalk.org/index.php?topic=2537271.msg25881770#msg25881770

Balances are basically all gone from the sound of it, unless NH has a HUGE cash reserve somehow.

Ehh its always doom and gloom around here if you listen to that kind of shit.
Its quite common for people to think the sky is falling.
Granted, sometimes it is.

Now is it time to don our tinfoil hats? Sure why not?
I have a very stylish one!

Edit:
Does anyone else here not see the lack of logic in them up and running?
The business model was killer. It was really sound. Especially because if you had spent any time mining you would see that the rates they give is almost 3/4 what it would be worth if you were actually mining something.
The positive side is that smaller coins can actually be secured and not pwned by massive hash rates as soon as they launch by any ol guy who could click a few buttons and deposit some BTC.

In my mind this is not a conspiracy, though I may be wrong, but instead someone skimped on updating the website UI and there was a hole. Thats what happens with these things.
Honestly, is the person doing it for the money? Well Im sure it doesnt hurt. But more probably they are doing it to "re-secure" alts that launch and then literally are broken by people mining to hell and dumping.

Common misconception, they didn't steal my btc, they stole nicehash's btc. Nicehash is responsible for our money, of course they can just go broke and it's over.

1. BTC price its at a alltime high. Good time for an exit.
2. To put all btc in one wallet is just stupid. Even with the slightest security thinking you can realize that.
3. The internal adresses was probably linked to this wallet. And is a strange system in itself.

Myself I was about to get payed a bit over 0.01 btc the 8th of December. It feels fishy this happens just before.

Same here ... maybe we can all go to Slovenia and take our own share in equipment  ;D ;D ;D

Thats how the large pools work.  They receive the coin, you get an entry in a database that youll receive x number of coins and when cashout happens, they send it from the main wallet.  Thats why lots of people will tell you to not leave anything on a pool, if they get hacked or the database is corrupted, you're screwed.

I hade .32 BTC at nicehash! That's $4200

You can make more money without Nicehash.  

Mine electroneum ( ETN ) it's off the charts now that Nicehash is down. My 4 1080 ti's make $29.00 a day.

Go here and put your hashrate with Cryptonight  at the bottom and see what you're daily earning are:
https://easyhash.io/pools/electroneum

Luck affects payout as well.  Some people use those calculators as gospel in mining.  Its just a calculation of that particular moments difficulty, nethash, and your hashrate.  You still have to hit blocks to get paid and most forget that.

Crazy time for sure. I cant decide if its the perfect moment to pull a take the money and claim they are trying to fix it while setting themselves up for good and running off while their excuses buy them time or if someone actually pulled off quite the theft. Either way it sucks for all those using Nicehash.  Many miners have with little knowledge were using it for the simple ease of use and have never really looked into other pools before.  It will be interesting to see what happens to those and where they go after losing most of their earning potential.  Those who were grinding away with 1 or 2 GPUs or even CPU miners probably wont come back.  Although they are small timers they add up to a decent hash rate between them all.

I was mining on NiceHash with 2 GPU + CPU. I am shocked what happened, it looks like everyone lost their balance for good. That was internal wallets so money is lost for good. Below is a hacker wallet that collected all BTC from NiceHash. I think they will be out of business if not they should, and they should take responsibility. Users always complain about Bitcoin was banned somewhere in the world or there is an extra verification process on the exchange but after this what happened to NiceHash we can understand how important is to put right laws in place to prevent things like this to happen in future.
https://bitinfocharts.com/bitcoin/address/1EnJHhq8Jq8vDuZA5ahVh6H4t6jh1mB4rq

Damn, right when when I completed my first rig! How unlucky is that! A similar service needs to surface asap.

I don't know much about the inner workings of bitcoin, but they know what wallet the stolen coins went into and where they went from there. Is it impossible to black-list the tainted coins/wallets? If every single transaction is in a ledger, then wouldn't every single coin be traceable?

You can make up to $40 on other coins. Just saying :) Cryptonight is for CPUs and Vega.

They create a "hack", wait for BTC correction, sell all 4500 bitcoins and buy them back low.
Then make an announcement that funds were miraculously recovered ;D

So, what is the status now? Nicehash still down, right? Because I found hashrate of coins still low...

yeah they run off with that bitcoin and then fucking repoen the site in a few weeks lol and start taking all your money again hahahahha

i lost $200 myslef probbaky $300 due to downtime but im glad nicehash is gone , anyone stupid enough to give them hashrate when they repoen after his blatant theft needs a bullet themsleves lol

They said they will only be down for 24 hours.

even worse , they steal 50 mill of your money and u have the nerve to mine with them again in 24 hours lol
before they refund the lost coins?  If cannot refund the money they owe miners first they have no fucking buisness
repopenening , If i dont get what im owed ill never mine with them again

I was so happy for the almost 70 % increase in profits.
Damn sad. whos next to exit?  ;D

See, this is what happens when btc goes to 13m and an employee sees 4000+ sitting there in 1 wallet.

It is Wednesday afternoon and one employee is bored outta his mind preparing TPS reports for NiceHash managers. Then he decides to check BTC price and sees it is at all time high. And plan starts to develop..

Put me down for $1400 i used to cash out weekly until they put carrot in front of me by saving 2% by using internal wallet bravo bravo[I am sucker to fall for me].

Lesson learned. No more i say!!!

cold storage + private wallet

Yep stick to your day job, blockchain aint for you son!!

Well they are 100% liable for paying everyone back, if they come back and do not, anyone going back to mine with them is a damn fool.

hashflare.io (http://hashflare.io) is also offline. Maybe it is related.

Building trust is a hard piece of work, to lose it you may need just a while... That's sad but true.

^^
This

I dont give a F how it happens make users whole or do not re-open you damn service

I bet he/she hatched the plan when BTC hit 10k $14500 was just to tempting

Instead of making useless comments, perhaps you could explain why the system cannot be used to track the stolen coin? It seems that users were quite successful in watching where it went from the nicehash wallet.

out a drop above ---

i was about to pull out my weekly and got sidetracked -- and then // BOOM

 not happy (63 million !!!!!!!!!!!!  not secure )              hmmmmm





good karma 2 the positive ones

It does. You might not be able to exchange it afterwards the same way you cannot exchange gold where the serials are reported stolen.
Exchanges blacklist several addresses. The wannacry-ransom-address was one of them:
https://cointelegraph.com/news/bitcoin-exchange-shapeshift-helps-police-as-wannacry-attacker-converts-to-monero
But we can also look further back into the past where mt gox was still operational:
https://bitcoinmagazine.com/articles/mtgox-the-bitcoin-police-what-the-largest-exchange-is-doing-about-the-linode-theft-and-the-implications-1337616444/
Since the btc-blockchain is transparent, even sending it around a little bit will not help you over the long term.
If you cannot exchange or switch it, you are stuck with it.

To my external wallet was 0.1BTC that I reached approx every 5-6 days

Someone able to steal this much of coins will have knowledge how to launder the coins untraceable. There are several darknet launder places where coins get mixed so none is able to say whos has which coin. Also few swaps to altcoins like Monero and ZEC with hidden transactions the output is fresh altcoins which can be traded to fresh BTC and none knows which has which "stolen" Bitcoin. Maybe all bitcoins are traceable but whith some major mixing none knows who holds which coin.

Time to switch to Winminer or wait for Nicehash ? I consider already lost about 200 USD in each of my six boards so a total loss of 1200 USD which I would have got on Friday as that's my payday. It sucks and I think it has been an inside job as always in these cases.

Why wait, to be stolen again, do not you get it once?

I would change it right now with something else.

This address? > 1EnJHhq8Jq8vDuZA5ahVh6H4t6jh1mB4rq
https://bitinfocharts.com/bitcoin/address/1EnJHhq8Jq8vDuZA5ahVh6H4t6jh1mB4rq

What I'm shocked about is, how btc didn't take a hit and did the total opposite. biggest heist in bitcoin history, and price still keeps going up? Did I just jinx it? lol....

if this was real, I would say nicehash will have a better plan for keeping money secure now (if they stay in business) but I don't think they'll have good payments... who is going to use the service now?

I see alot of other options here, but none is easy as nicehash. It was literally, download app, benchmark, start making money.

easyhash.io will require little bit of setup... What else is out there?

This address is still receiving some small amounts of BTC... How so?  ??? Donations?  ;D

Wow! Unbelievable to have such a glaring vulnerability for such a large operation.  Hoping for the best, but I don't see how they come back from this.

That one has been considered scammish as hash rates are very low, so they're taking a decent cut from your hashing power.

Despite the disturbing news, this comment totally made my day!  ;D ;D ;D

That's hilarious considering that you just made THIS comment right before his;

Put me down for $1400 i used to cash out weekly until they put carrot in front of me by saving 2% by using internal wallet bravo bravo[I am sucker to fall for me].

Lesson learned. No more i say!!!

cold storage + private wallet



The "2%" is a constant. What's the relative difference between 2% of %100.00 and $1000.00???? So there is no penalty or difference in withdrawing that 2% every damn day if you like. You pay the same percentage on the total balance at the time of transfer. I would have to say the same to you. This definitely "ain't for you".

Why?? He's the same dipshit that just before that posted, that he doesn't like paying 2% on small amounts so he left his money in there for a week so he would only have to pay 2% on larger amounts. LMGDAO!!

If the BTC core team did something about the blockchain size issue 2 years ago instead of bickering and arguing like a bunch of two year olds ppl could of gotten daily payouts without spending $10 to send $5 the cost of BTC transactions is stupid this is why we have BTC this and that and how is it a handful of ppl are controlling the development and future of BTC

AMEN!!!

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?

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...

are you trolling? they charged a flat fee, obviously, and people didn't want it to amount to a large percent of the reward encouraging them leave larger amount in the wallet. 

P.S. the bitcoin network charges a transaction fee, this is not based on a percentage of the amount sent. Free lesson, Enjoy!

So....you're saying that .02% fee of 10 separate $100.00 withdrawals is MORE than 1, .02% fee of 1, $1,000.00 withdrawal ?

Big multipools like NiceHash that ran up the diff on new coins, only to dump them for BTC were a big part of the reason mining was unprofitable and the end of 2014. Can't say I'll miss them, but it sucks to everyone that lost BTC. Been there with the MintPal inside job. At least they caught the fucker.

Lets hope that they catch who ever did this ... some sort of "justice" should be served (Public execution, etc)  ;D ;D ;D

I don't know that much about how it's done, since I'm a bit new to this gig, but I switched to minergate and their numbers didn't seem to add up with the amount of hashing my systems are producing. A discrepancy of about 30%. I'm not saying they're doing something crooked, but I switched to some different pools and the numbers match up against my calculated stats again. Maybe it's a difference in the reporting, but I remain suspicious.

Yep, I hope they have to sleep with one open until they get caught. ;)

Understandable. You can similarly bitch at a company like Walmart for destroying brick and mortar type businesses, but everyone is just playing inside the constraints of the market. I'm disappointed for the lack of proper security and asset compartmentalization, they dropped the ball in a big way. For that, NH needs to be taken to task.

However, some of the comments here are a bit like victim blaming. If a hot woman is wearing a skimpy outfit, it doesn't justify her being raped. The rapists still need to be brought to justice. NH didn't deserve to be robbed. These thieves ultimately stole from miners like you and I. I don't think of NH as hot woman, but I hope next time she comes packing some good defence. (Tasers and guns? Dad with a shotgun? Maybe...)

While I agree nicehash was a bit too easy, trading a couple dozen volatile shitcoins is really difficult

I really do feel for all that had BTC locked up in NiceHash, hopefully if it's not an exit scam they make it right.

It is interesting to see what a difference having NiceHash offline does to the difficult on some coins. Some have/had dropped by 40% or more in difficulty.

A lot of other pools to mine at... and even earn more.


GOOD RIDDANCE NICEHASH.

Have you ever used the nicehash to say that? Who are you? Nicehash team worked to make convenient and accessible pool. They did. Nicehash was the best in the world. They had users from all over the world. You have done something in your life? Only jealous spiteful posts. I don't like such people. You rejoice in the misfortunes of others. Shame on you!

Nicehash was a really really good service, both for miners and for buyers. Up til yesterday there has not been a problem (that was their fault) with their service, They were reliable and could be trusted. I just hope that this is proven not to be an inside job, that would ruin the nicehash company.

so much hate for nicehash...

It was the easiest way to setup mining and bring in BTC. I can't think of any other simpler way to download 1 software, and bring in 100 dollars worth of bitcoin every month on a 5 year old gaming computer.

Ye i loost all my 100 days off farming.... I ordered a Nano ledger 3 weeks ago AND i got it today!!! 0.15.... Im always getting scammed :( Mybay crypto and the internett is not for me.

you can't just launder $60m from crypto to fiat. that's not possible

I must say this is an interesting situation, the company seemed to be making a killing and they invested in technology. I don't think this was an inside job.

1. Inside job, someone got strong armed and forced them to take down the network
2. Russian hackers helping Trump (just a joke)
3. Another competitor is getting ready to come online and this was the first step
4. Other miners hacked them because they had a great product and brand recognition
5. This was their plan all along
6. Price of BTC was going to jump and they realized there is more to be made from taking the BTC(New business model)

Had 1k $ waiting to be paid to my external wallet tomorrow on NH. I hope they will recover.
NH was the most stable service i was mining on. Now switched to secondary pools, but not one of them is anywhere near the same profit as NH. Prohashing dies every 24 hours, zpool is shady and profits dissapear somehow and you're paid as if you're mining on shitty 10yr old hardware and not state-of-the-art miners. So the solution for the time being would be to mine some DGB or other profitable multialgo coins, or directly BTC and LTC.

I both sold and bought on nicehash, that's why I kept some btc there. :( they were really good and I don't think there will be an as good alternative one.
Hope they will recover, at least the wallets because some of my pools locked the payouts to my wallet on nicehash and those pools still have some of my btc. :(

Coinbase.com is down. Anything related?

so what are you going to do now? are you gonna cwy now?
lol, lazy ass fuckers whinning everywhere, grabing some popcorn...
i hate lazy fuckers like you....
deal with it...

LOL at this.  I'm not even a criminal and I can think of many ways just off the top of my head.  I'm sure guys who steal this much have it down to a science.  Daily volume of bitcoin trading is 17 billion dollars.  $60m is a drop in the bucket.  They could easily spread this around and convert this to altcoins or use some large tumbler.  All you need to do is read this story:  http://www.app.com/story/news/crime/jersey-mayhem/2017/11/03/jackson-pastor-sentenced-five-years-bitcoin-scheme/829670001/  This guy was a pastor running a small time credit union and they managed to convert "10s of millions" in bitcoin.  And this is in the USA!  Imagine how much easier it is to run a scheme like this in countries with less regulation.

I think it might be time for you to log off your computer and step outside for some fresh air and sunlight......

Oh yes you can Mogambo. My first step would be to get it to Monero. I don't know why you would say that. It wouldn't be hard at all.

Yes....thank you. A lot of people in here are chugging giant glasses of stupid. I bet half these butthurt hateful bastards, are also the ones that host their servers in huge mining centers like Genesis. Fucking retarded hypocrites. I only use NH as a back up but I will say they were stable as the Rock Of Gibralter and the profits were ALWAYS top shelf.

I guess we will see Monero spiking hard soon if you are right and regarding Nicehash i feel lucky i havent used their services even though i had the intention to rent some of my hash power.

100% correct.  When I first started mining I used Nicehash while I learned the ropes.  I realized it was more profitable to mine to a pool directly but didn't know enough.  Still though, I can see why so many people continued to use it.  You didn't have to mess around with a bunch of different altoin exchanges or following the markets to be sure the the coins you were mining weren't crashing, or checking to see if difficulty and hashrate was rising at an extreme rate.  Strangely you don't see this much hate for Nemos Miner, Multipoolminer, Zpool, or anything else.  I can assure everyone that ZPool is more responsible for killing profitability than Nicehash.

Zpool....flat out thieves. I wonder how many of these butthurt screamers still have currency sitting in other wallets.....like Coinbase.....which BTW is down right now.

well the main problem with nice were it was too powerful
it could kill a coin very easily if someone  give too much power, kicks the diff to the moon, then leave..
and normal miner will be try to mine the new block like eternity.
but for new people in  crypto - it makes life much easier, no doubts!

will see how it goes now

This is a huge black eye for Nicehash.  I hope they can find a way to recover the stolen funds.  I know this hurts a lot of us.  I concur with the comment about Nicehash being the most stable place to mine so I hope they can recover from this, but this really hurts Nicehash and it's customers.  They have to do better.

Exactly this. The moment they went offline everybody was able to see the impact on the big and knows coins. ETH was obviously not that affected but Zencash global hash decreased big time. Also Electroneum nethash went from 200 MH/s to 60 MH/s.
Killing newly created coins is an entire different issue with them. I hope people get their BTC back but if NH would suffer and lose some hashrate that would be a good thing for everyone.

I was another nice hash user, but this really opened my eyes , they were bad for the small miner , even if they come back I will never sell my hash there again.

now on
 
https://www.facebook.com/NiceHash/ (https://www.facebook.com/NiceHash/)

Dear NiceHash users,

LIVE STREAM about the current situation and the latest updates is going to happen in one hour at 4 PM ET.

Please share this post for more people to see and tune in! We need your support.

They just announced a live stream in 1 hour. I'm getting the popcorn ready

I used nicehash for a long time and very disappointed with this situation. I never keep coins on the domestic purse surfer. This allowed me to lose a little, but I'm more worried about the fact. We got confirmation that no one in the world of cryptocurrency are not protected from hackers.

watched that livestream... fu.k them all

simple message..if we dontrecover that BTC...u get nothing....
yeee...we lost all..., they never can get that BTC back from that adress......

It was pathetic. So someone stole a dev credentials, logged in and directed the payment system to his account. They call that a "highly sophisticated attack"...

Sound's like an inside job if you ask me. All these recent hacks always have such weak excuses too, like "someone stole someones credentials". Well first thing that should not be enough for someone to be able to hack in and send all the BTC off, there should have been several layers with each one limited to what it could do.

I always avoided Nicehash for the most part, but did mine a few of the up and coming coins on there once in awhile. I didn't have a large amount in my wallet, but no one likes to see this happen to anyone and it always seems like the same weak security excuse. If they even did file a report with the authorities, they should all be subjected to intense scrutiny from law enforcement over the next several months as I just have a bad feeling one or more of their employees is involved.

The bigger guy of the two (the one doing all of the talking) looked like he could hardly contain himself. At times it looked almost as if he was smiling, as if he was thinking "I cannot believe we are getting away with this, we are going to be so f**king rich".

The smaller dude looked just as guilty, they probably think they are being clever with all these updates and videos to throw everyone off. If they did get in touch with law enforcement the first ones they should be looking into is those two clowns.

Excactly what I thought.

I have to agree. Devs should never be allowed access to live systems.

Where I used to work only support engineers were allowed to login to customer sites and only
with express permission and supervision including logging. Devs were never allowed, they could
watch and advise but never toch the keyboard.

It wasn't all about security, support engineers had specific training on what not to do when logged in to a customer
site, devs are used to a lab where anything goes.

Their security is really trash if one stolen credential could move all the BTC. They should have implemented proper security measures like 3-of-5 multisig for that amount they are dealing with daily.

No one on these sites with access to wallets has heard of 2 factor authentication?  I mean even if you get someones credentials you would have to get access to the fido key or to google authenticator or some variation of that.  That message needs to be broadcast that if you fail to do basic things to protect customers you will be sued into the ground... 

Dude I know. I have some fiat in coinbase that I put right after LTC doubled. Not much barely 4 digis. Such terrible timing and now I'm scared shitless but I'm keeping them in coinbase until BTC or LTC drop again. I don't want to buy at these prices and coinbase exchage rate is ridiculous too.

Someone did try to get into my account a month back, luckily, I withdrew everything before they could get in. Also, 2FA is a good thing to do.

The "smaller dude" as you put it, has already served time for hacking/malware. I have no judgement whether he was a part of this or not, although I would assume he is a decent coder ( hey, at least his father hires good developers!). I know if I were to try and use someones login credentials to pull this off, I would have certainly tried for his, at the very least for the comedy factor.

I actually remembered that isn't this NiceHash 2nd or 3rd time getting hacked? I know that the accounts were hacked a while back and some accounts were accessed. After that they implemented 2FA, well sad that Nicehash is gone, forever.

whats so frustrating is that there were lousy or worse no security for withdrawing A HUGE amount, it is so basic for every financial institutions that for every BIG amounts of withdrawal there are approvals needed, at least to interrupt the attempt.

Coinbase is up and running just fine (just used it)... site must be overwhelmed with transaction requests

So I am looking at the wallet address a few days later still pissed and now I see there are several small deposits into the wallet.  I am curious to wonder where are these coming from?  Could this hacker now be mining some data from nicehash to hack other wallets that were linked to nicehash that maybe have easy passwords or the same password that their nicehash users used?  I am going to double check that whatever nicehash password I used is DEAD!  Here is the link to the wallet if you want to look for yourself.

https://bitinfocharts.com/bitcoin/address/1EnJHhq8Jq8vDuZA5ahVh6H4t6jh1mB4rq

I assume those transactions are designed to tag that address somehow

NH was sending out notifications to activate 2Authy just before the deed. I thought that as curious.

I am leaning towards this hack being an inside job.

Why?? well, leading up to the hack, scrypt hashrate was and still is exploding, rather than upgrade equipment and capacity they simply "upgraded" the minimum share difficulty. As they approached max capacity again with BTC price exploding and NH wallet full, the simplest solution for them, rather than deal with the hassles of hardware upgrades, troubleshooting, downtimes, complaints etc was to just pull the plug by feigning a hack and then walk away.

Just a theory , I personally hope they start back up.  Maybe they'll use the downtime to upgrade and reopen, hurray, if not ... see prior paragraph. It'll be interesting to see how it plays out

rather than give part of the company away and raise funds let's just take the money we have to give to the customers and restart the service. They lost their money I am not sure why they keep saying it's our bitcoins they lost.

Our bitcoin was never on our own private key, what was shown were balances owed by them to us - regardless whether they recover BTC stolen this is still BTC owed to us. If they ever come back I expect a full payment - it'll be really stupid for them to ignore this amount owed to their customers.

The amount of hashpower represented by Nicehash is very significant, as seen by the difficulty dropping massively across the board or in other cases (e.g. Scrypt) a sharp spike with people moving over to backup pools - it'll be hard to see why they wouldn't have reserves to pay buyers and sellers alike.

It's hard to see even if they do come back how people would ever trust Nicehash again unless they make good on the balance owed.

I get your point but It is technically our BTC they lost. Nicehash is under a moral and possibly legal obligation
to make it up to customers but those coins are gone. The legal ambiguity depends on whether they have a
disclaimer and whether it is enforceable in a court of law in the jurisdiction in which they operate.

It is also very unfortunate Nicehash had raised their minimum payout. That combined with the large increase in
BTC price means they were holding a lot more value at any given time making for a bigger target ragardless of
the timing.

I have to agree with that. They must reimburse to restore any trust. The're big enough, they should be able
to cover the losses and resume operating.

Please explain this technically our BTC they lost?

From what I see from the BTC address fingered as the stolen BTC, the bulk of the BTC was in 5 transfers.  Four 1k BTC transfers and then a 622 BTC transfer.  Clearly these aren't transfers from miners accounts (whether those selling hash power or buying it).  Furthermore, if you sell your hashing power the unpaid balance isn't real BTC but Nicehash's own off chain BTC which is worthless.  I use nicehash legacy miner and yesterday it showed I had a balance but couldn't connect to nicehash servers.  So I still had a balance after Nicehash got robbed of THEIR BTC and before Nicehash turned off all the servers.

Now it appears Nicehash is claiming that people like me got robbed of our BTC.  BULLSHIT.  Nicehash robbed it after they shutdown the servers which is after they got robbed of THEIR BTC.

lots of Americans got robbed the FBI is not going to let this one go my friend. If it looks like mtGox and it smells like mtGox it's probably two fingers up your haha. Someone is going to jail for sure. even if they were just careless or stupid. I don't buy that bullshit story that everything can be hacked, I secured major power grids in the US and it requires expensive equipment and all kinds of other expensive software. Don't get me wrong I really want to see them back because I liked the service and I think people are going to have a service like this in the future to connect their home datacenter for currency trading and whatever social media needs they have. It's just stupid and careless. I don't think it was an inside job, they were just in over their heads.

I agree.  We did not get robbed.  They still owe us.  If a bank gets robbed that doesn't mean they stole the customer's money.  Is there a link the livestream video?  I would like to see their body language and faces as they talk. I have seen too many people commit fraud.  They are not hard to spot from day one when investigating irregularities.  Most cases of business  and financial "mismanagement" ends up being an inside job and they will lie right to your face about how a "hacker" must of cleared them out only to find out they have been squirreling away money for months and once they get caught they always try to lie out of it only to get caught by their own words.  I only lost .02 but I was expecting my payout this week to buy some XMR... oh well.  :-\

According to Nicehash they got robbed of our coins. If the funds were segregated there is a technical
distinction whose coins were actually stolen. But it doesn't matter, they still have an obligation to
pay users what is due.

The semantics games are getting a little stretched.

if my individual account had gotten compromised I would say my account got hacked but I had 2factor on my account and took every safety measure to protect my account on nicehash. It's sad because they really were in over their heads. They are probably going to go to jail for some compliance shit they did not meet. trust me the FBI will find something just to make an example out of them and move a service like this to US. hence mtGox and Coinbase. you can tell they are armatures because they are talking about developers from around the world, you know how hard it is to have a secure dev network across multiple territories. Did they ship these developers encrypted laptops with 2factor RSA auth, were these developers even background checked probably not. Like I said it's sad because they really looked like they worked their arsses off for this site and they are probably going to go to jail.

So comparing nicehash theft to a bank robbery doesn't really equate.  If a bank gets robbed your money is FDIC insured (by the government) up to a certain amount.  That money you can get back.  Once that amount is exceeded, the bank is under no obligation to pay the remainder to you.  If the Bank is not insured, then good luck getting your balance.  If a bank runs out of money, there is nothing to pay you back with.  They simply file bankruptcy, close up shop, and good luck getting your money back in court.

The only recourse is if they can identify the person who stole the BTC and charge him.  That's who we would get restitution from.  We can hope that the Nicehash owners have a strong moral compass and can/will help in some way, but I wouldn't count on it.  We've seen too many of these type of issues occur over the last few years, and we all know how it's going to turn out.

What obligation are they bound to that says they have to pay us what is owed when coins are stolen?  They are not an insured bank, they are not a Registered Currency Exchange Business and don't have to follow the guide lines/laws of an exchange.  They don't have to follow KYC regulations.  So I'm curious, other than a "moral" obligation (which would be great to see happen), what makes them have to pay users back?  Nothing (if it wasn't them).  The only way we get money back would be if they actually catch the person whole stole the coins, then they can return "stolen" property.

They where hacked on wednesday and almost 64 million usd has taken from them

Yeah no shit ... Moral obligation only.  And that is if the head of their company really doesn't have anything to do with it, but your money is still gone.  How the fuck would he ever have the $ to repay his customer for their losses, even if he wanted to?  Especially now that they are considered to be incompetent. They can't operate on rice and beans for the next several years and keep the company going, while making payments to the customer.  NH isn't the US banking system.  There isn't a bailout check in the mail.  NH is not eligible for an Obama phone.  If they do decide to open up shop again, how will they gain back the trust of everyone?  I'm guessing it will be a small percentage that would return and then NH will slowly fail.

The FBI can spend the next few years looking into it.  They may or may not try to take it for themselves somewhere along the way.  In the end, your dinero, say bye bye, muchas gracias.

NO WAY!  Really???? OMG????  You were the first person to tell us that.  Lol ... Go back to sleep for another week.

stop talking out of your ars, you don't know shit about the company and EU regulations, if they even failed on basic regulatory checks they can go to jail. the question is about negligence and that means jail time buddy. Like I said I really want the service back but authorities don't give a shit they just want to put someone in jail and get their Brownie Coins(plugging Brownie Coins here)

If they got robbed of 64 Million it's their own stupidity they had that much in a hot wallet.

Regarding legalities it has to do with the laws in their jurisdiction. Contrary to what many
Americans would like to believe, if that jurisdiction is not the US the FBI can do nothing
until the perps step foot in the US, unless they are willing to kidnap them on foreign soil.

I don't think it's that simple. You been watching too much TV

I don't want to blame Nicehash although they are the only responsible to be blamed on. I don't want any reimbursement  but I only hope they come back with the highest possible security like they claim. I have had enough of Winminer paying me half of what Nicehash used to pay me and honestly mining on pools is a PAITA , lots of converting to do while I love being paid directly in Bitcoin most of the time.

You must be a poor security expert than  ;D  there is not such thing as hack proof system, but there are measures that can be taken to make hack extremely difficult to execute. One of only ways to protect your self is to "unplug the cord" but even then there are ways of penetrating systems ...... hacks do not require expensive equipment but extensive knowledge of equipment in place and its vulnerabilities, possible 0 day knowledge or having someones credentials (which NH team confirmed already was used in this hack). How did "they" obtained credentials, it remains to be seen.


It will be nice to see them recover and pay put peoples balances but there will be a looooooot of trust issues if they re-surface. Why dont you mine singles and leave winminer and other pools alone?

And just like that you've made yourself a target for terrorists :D

Actually, since they were not transacting in USD, the FBI is going to have a difficult jurisdictional challenge. This is how " Onecoin" ( scam) avoided prosecution in the USA. They always denominated their currency balances in Pound Sterling. As soon as something transacts in USD, boom, US jurisdiction. There is a heavy burden on these two cats to make good on those stolen funds. If like you say, they were out of compliance, (which they almost certainly were) their only hope of avoiding being locked up is to give full restitution to their client base. This thing is FAR from settled. I believe one of their "engineers" started riding dirty and colluded with someone to extract the BTC. Notice they said that 45:00 before the successful penetration using someone's "secure computer", they tried to hack into the system and failed. Sounds like the use of the secure system was a last ditch desperation move to grab the cash. This was FAR from a sophisticated and well planned operation. It was a clusterfuck. If not, that money would be already washed and gone. These idiots didn't even get it out of the wallet it went to. It sure doesn't seem like these two cats were involved knowingly.

Please lookup a product from IBM called Datapower, nobody has been able to hack a Datapower device to this date, nobody even knows what type of operating system it is running, if you actually try to open the box unplugged it has a battery to wipe the os clean. the only way to do hardware replacement on the box is to ship it back to IBM and they replace it for you. typical box costs about 40k and you need 30 to 40 of them for a basic configuration. The energy grid is level 3 security which essentially puts it above credit card systems and health care systems because it is a war time target. Please stop watching TV.

Actually I would be of no help to anyone regarding that system, my design is well understood by many security experts and locked down like a mother fuckers, basically you have one Datapower device acting as a security gateway in the DMZ, with another DataPower device acting as a mediation service inside a trusted zone. there is mutual authentication setup between the two devices. All requests must be strongly typed and registered in a product called IBM Webspehre Service Registry and Repository ... it's a bad ass architecture that's all I can tell you and to this day it has not been hacked. Southern California Edison go ahead make my day and try to hack them. They can use some free pen testing.

If you really NiceHash was hacked but this is their fault. They save money on security and jeopardized the money of all users. In the beginning I even had no doubt that they were hacked. I thought they wanted to earn money from users. View. Now the price of bitcoin has decreased and maybe they will open up again.

You are a funny guy, they must love you for that at work (since your sec skills are not up to par)  ;D ;D ;D .... hack that would go against US power grid wouldn't come from bored kid in the basement but government sponsored group that (imagine this) can afford to buy and reverse engineering any type of equipment. But that is to SCI-FY and TV for you ...


That is a great network layout there, completely impenetrable  :P :P :P .... how will your fancy IBM gateway protect you from compromised credential???

A very strange story, a large company holds such funds in one wallet. Very strange. I hope all users have lost only small amounts

You seem a bit too cocky for a security expert. If you were legit you would never be so confident.
Your praise of security by obsurity also diminishes any security credentials you might have.
But the killer is your failure to recognize that absent of an air gap no network is 100% secure.
There will always be human factors.

I do watch TV but I worked professionally on another critical inftastructure system with "six 9's up time"
including software upgrades. Although I am not a security expert security was always a concern. In the over 20 years
I was there the only security compromises were inside jobs or physical breach.

The biggest computer security threat ever is c/c++ and it's lack of built in array bound checking.
Imagine a world where buffer overflow exploits never existed. I don't have to imagine, I saw it.

I don't think IBM sells products to any old hacker specifically the latest Datapower products, so go fuck yourself, how do you think we secure the nukes you moron. stop talking nonsense you have not even worked on a secured network let alone secure a network.

Yes I am cocky because I saved the world more energy than fucken Elon Musk. Look up my resume on LinkedIn. Armen Merikyan. I didn't say I was a security expert I design the architecture that was reviewed by multiple security experts and actually taken as a blueprint for other energy companies to follow.

not gonna comment on this topic anymore, you guys watched to much TV and believe to much bullshit, regarding this hack they should of had encrypted laptops for the developers and 2factor authentication setup for the VPN which they probably did neither also you must run background check on anyone that is going to work on the system. With a third party phishing services to test and make sure none of your developers are stupid enough to open random emails. there are people that know how to do a job and then their are armatures yes i said Arm-atures 

Play nice kiddies... NOTHING IS HACK PROOF. End of story.

Now.... Let's stay on the subject.

I am hopeful that the stolen funds and associated wallet is blacklisted at this point and that NH will recover from this eventually.

The engineer whose credentials were obtained and used on the other hand no doubt is a major person of interest. I did find it intriguing though that they said several credentials were tried which would elude to someone that had an intricate knowledge of their staff.

In any event I am ready for NH to fire up their servers again and get back to business. They can do a pay share until all of the funds are recovered or are covered but lets get back to it!

....accept BTC.

But if it can be stolen as we all now it can I would say it is not hack proof.

I belive they said his PC was compromised. That's probably how they obtained his credentials then used those credentials
to launch the attack from the dev's PC with no security red flags. This kind of thing happens all the time and as long as
people are allowed to connect with their PCs, likely Windows, it will always be a threat.

The security failure was the dev had access to all the funds without any control. No single individual should have
that access, and especially not from an insecure PC.

I would expect that from a basement pool operator but not from an organisation like Nicehash.

I also wans't thrilled about them bragging about how many billions they mined, and how users would have to help
them recover. If they were so successful they can eat the cost of reimbursing users without our help.
Only then will trust be restored.

Their incompetence is incredible, I think they actually are a "basement pool operator" that just found itself managing millions of dollars. An immature industry where anyone can make it big and become market leader.
Besides the obvious stupidity of making all the money available to single devs, they didn't need to have all this money in the first place. It is entirely possible to build a service like this minimizing the amount of money held at any given time, after all their business is (was) to connect buyers and sellers, not becoming a bank.

The WORLD IS FLAT. End of story. hahahahahaha this is too funny, did you work as a developer for nice hash ?

Actually "Nothing" is hack proof. When you have Nothing it can not be hacked because it doesn't exist. I see, your brain works it's just that your conscious mind is misinterpreting the actual thoughts being generated by your subconscious self. It's almost as if you are missing out on the meaning of your own thoughts

Temper, temper .... no answers but insults in return Mr. Big Shoot, good 'ol US (redneck) way  ;D ;D ;D

No, I am not a developer. No,  I don't work for nicehash...

My point was very clear however even to the brainless... So let me attempt to explain it to you... Every network, server or computer system can be hacked. If you think otherwise you are a fool.

It seems to me that already every user develops Paranoia in the sense that someone can hack someone or have already been hacked. Of course, you do not always want to lose what you earn so hard, but with today's technologies you can not save what someone is interested in.

I agree. Accepting that you can only come to one conclusion:

Holding 60 000 000+ euro (or 70 000 000+ if you want) in a HOT wallet is PURE NEGLIGENCE.



I really hope some fat cat will sue them. As a community we can not let stuff like this happen.

Even if it turns out that they are not behind this theft, they sure as hell did very little to prevent it. Come on people, 60000000 euro or 70000000 USD. Those who are defending NH and asking for a restart are obviously people that either:
- didn't loose any/a lot of money.
- or are rich/near rich in real life.

That's all I have to say about it.

proceeding from all the above, it is necessary to draw conclusions that a person who has an attractive possession or income will always attract the attention of those who want to get it all. Thus, the risks of being hacked increase. Therefore, I completely agree with you that such figures are a very tasty morsel for hackers.

I agree. Accepting that you can only come to one conclusion:

Holding 60 000 000+ euro (or 70 000 000+ if you want) in a HOT wallet is PURE NEGLIGENCE.


[/quote]

Ignorance is no excuse right! They should have had a few safety valves built in for sure.

I wasnt talking about if they go to jail or not.  Not sure where that even came from.  The only thing i said is that they wont be under any obligation to pay back users for funds that were stolen.  Look at all the companies that claimed theft, and the law suits filed.  Has anyone gotten restitution?

This is too bad , how can you hold that huge amount of money in a less protected wallet, what about cold wallet and other security features they could employ

i really hope this nicehash fucks will never recover from this attack, best thing that happened for a long time in the cryptoworld

Lost 260$ unpaid from 2 rigs.

100% scam.

I wonder how many people it takes to finance an amazing retirement with minimal donation amounts.

How many users did nicehash have? I personally donated some to this "hackers" private island fund too. GG.

i´ve send too some btc to the address where nicehash btc´s got transfered. i would have a guilty conscience if i dont pay for this great service

Feel bad for all of you nicehash users.

i lost  130 and it took me 5 weeks to get.
not sure why my payout was so bloody long also

I feel bad for nicehash users too. It's though one. Shit like this happens.

I lost around $800 (probably somewhere around 1200 now) was supposed to get paid today! these fucks better get my money back to me ASAP this is beyond absurd!!! Take some initiative for their dumb mistakes and pay us miners NOW!!!!

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.

Look at their last tweet, they say they are working to restore the service and they created a subreddit crying for someone to help them get the money back...

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.

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.

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?

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.

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.

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.

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.

You'll live.

Have you been asleep for the past 24 hours? Lol ... Jezzus!

What kind of crypto casino spam do you have in your profile pic?  Lol ... Are you for real?

if they really have proof on twitter,they should have post it
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.

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. 

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.

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.

Not unless they can run it from jail.....LMAO!!

Let's give them some time, maybe they will find a way to pay us back, same as Bitfinex did.

Umm, not likely. All coins are gone. Hackers BTC address is here:
https://bitinfocharts.com/bitcoin/address/1EnJHhq8Jq8vDuZA5ahVh6H4t6jh1mB4rq

(Its pretty crazy to see that much BTC in one address. I wonder how the hacker(s) are planning to move them out.)

Maybe they already have moved some of them out by using the private keys to claim bitcoin cash, bitcoin gold, bitcoin diamond and bitcore. Thats around 10%  (7 MUSD).

nicehash had one wallet address, that probably have hundreds or even thousands of coins in it, they essentially it was easy for them to be hacked.

ROFL and maybe you need to do some research on how that actually works, cause when you do youll find out that which you've said is not probable. anyone with half a brain would know this. talk about not being the brightest bulb in the pack

I started with Nicehash, but more I go into crypto, less I like them.
They were too greedy:
1) They took forks;
2) They made very high withdrawal fees – one of the reasons, why many miners lost money;
3) They basically made miners to use their wallets;
4) They paid less, than pools.
They sucked so badly. I can't imagine that someone would keep all money in one account.
Mining on pools is much better than using Nicehash. I left Nicehash a month ago, but lost 50 USD because of my laziness - left two cpus on Nicehash.
To tell the truth I didn't expect that such service would fail like that. Good lesson for all.

The way I see it only a retard or someone who wants it to look like a hack keeps 4700 BTC in a hot wallet there's no way any legit company wouldn't have cold storage again either their retarded or wanted this to happen

couldn't the hackers feesibly just use shapeshift and start turning them into moneros or something...

I'm thinking the same thing.  Wish they had some sort of explanation as to why that much btc was sitting in a hot wallet, even if it is bullshit.

What I heard was that the hacker modified their payment code structure to send BTC from many separate locations to one wallet, from which he/she then sent the 4700 BTC to their own wallet elsewhere. The hacker somehow compromised a network system that they were able to access and then used developer credentials to do stuff on the network. Either one of the developers there did this or a hacker (or group of hackers) spent allot of effort to gain all that information. Either one is possible at this stage.

i can't believe they are talking about starting back up on their twitter again.

pay back every cent you owe first then...

things are so peaceful mining without them. no more wtf difficulty from 35k to 100k! should i switch? should i stay? oh boy difficulty back down to 20k.

coin i mainly mine been such a stable difficulty past few days...

I do not believe that there is no hand of owners or developers Nicehash.
I hope everything will be resolved.

Its not easy to hack a system unless there is an inside hand. I bet that one of their staff member has stolen the bitcoins.

One of their employees or someone that one of their employees associate with.

So it's confirmed that NH got hacked. I got lucky using the external wallet for mining..

And is that really Sasa Coh next to Kobal in the video?? Some said it is Iserdo the slovenian hacker..  :-\

If hacker used developers credentials, it's 99% inside job. Anyway, if they don't return money to miners, they should go to hell. To go on working with company with such level of responsibility is stupid. It's unbelievable. Just distribute money on different accounts with different credentials, use Ledger, Trezor or usb-flash drive for fuck's sake. It blows the mind.

It has been signaled before.

https://s8.postimg.org/un15hnhat/nicehash1.jpg (https://postimages.org/)
https://s8.postimg.org/66izna3qd/nicehash2.jpg (https://postimages.org/)

If you think about it, the only way they can feasibly pay back this amount from such a small company is to reestablish operations and perhaps run with zero fees and that way customer are repaid by benefit in kind.  They will have to run banner ads to cover costs or something and something is better then nothing.  'opps' isnt helping anyone

The problem is the money stolen did not belong to this company, it was held in trust.  In fact this asset was not held on the company balance sheet, or should not have been as they were merely operating in trust before eventual payment.    The company itself is too small to pay that amount, unless it was somehow a subdivision of a large exchange or something.  If that was true they'd have learnt not to keep all fund in a hot wallet, theres no need for funds which are payable in the next 24hr.

It seems just poor planning.   They should allow mining but the balance is paid in a fast alt coin with low transaction fees so that small amounts can be dealt.   Crypto is only ever strong when distributed, the minute it gets centralised we see problems inevitably occur.

feel sorry for all those who lossed money on this one.

i am in the middle of a start up myself.
it will include, holding, trading and mining. But even a noob should know not to store that amount of btc or any other currency in one hot wallet. That is just a public invitation for hackers.

except for the part that we will trade all other amounts will be stored on cold wallets.

This is why I have been so much more profitable mining the last few days!

Small company? really? How much a month did they earn just this year?

I didn't keep your coins in Nicehash. Every Friday I receive payments to my external wallet. This week I have had problems with my rigs so I lost a little money. It seems to me that if everyone did that the loss would be minimal. Therefore, the share of the blame lies on everyone who lost their money. I believe that the team nicehash will restore its security and service will start working again.

It's a pity if all my coins in the amount of 0.005 BTC will not return, I mined them on one main video card and hoped to bring it closer to the new year, and then such a bummer :(

It's insane how much a small group of individuals can get away with. This is massive, and it's something to really think about when it comes to almost any sort of protocol. The weakest link breaks the chain, nothing is truly secure.

I am from the country these 2 CEOs of Nicehash are from. One of them was jailed for couple of years for hacking...
So you know they are not the best of people. I believe that it was an inside job. Who else could have done it. Put this webpage into google translate: https://siol.net/novice/crna-kronika/mariborski-heker-bo-moral-za-zapahe-zvisali-so-mu-denarno-kazen-284873

Yeah, from prison.

here is another idea, if they have no money how do you expect them to pay for the services there using, there not getting them free. the company itself has money. to think a company could run without money is just stupid all in itself. nicehash needs to just DIE out. better yet if they can still pay for services they can slow pay people there money that was stolen from there wallet. no matter how anyone looks at this or what angle it all comes back on nicehash and not in a good way, I'm sure there PR rep is having a field day trying to fix this and gain peoples trust back which prolly wont happen as no one will trust them after this

I wonder how is all this affecting to the coins that get jumps in difficulty because of nichash rigs. I used to mine some scrypt coin in nicehash I'm glad that I spent all my balance mining before this happened.

How do we know this is real ? for all we know you could have been with the hackers that did this. Nicehash was a good company and probably good for the whole country of Slovenia. One thing you learn in the crypto world is to never trust anyone. We don't trust Nicehash and we sure as hell don't trust you my friend. If CNN is Fake news this is faker than Kim's ass.   

69% likely an 'inside' job imho

"We’re working on a solution to ensure that all users are reimbursed."

More info on here.

https://www.reddit.com/r/NiceHash/comments/7j1rqf/nicehash_ceo_marko_kobal_speaks_to_wikitribune/

At least they owe the responsibility and shed some little light that miners money will be paid back, if they could reimburse all of the miners earnings, I guess, they truly are serious on their comeback.

 

Good news, I hope.

I think that they will try to return the savings of users with their income. I don't know what they had income, but I will always return to them as soon as they resume their work. I understand that from such situation nobody is insured. I'm even willing to give up their coins to Fund the development nicehash.

It's nice for them to do that. 60-78 Million Dollars (as per the articles) stolen from Nicehash but they're still promising to compensate and updating their users. They should definitely give the utmost security as they begin to fix everything that they've lost.

https://www.reuters.com/article/us-cyber-nicehash/nicehash-says-attacked-probably-from-non-eu-ip-address-idUSKBN1E21Q7


Latest update from the CEO: https://www.wikitribune.com/story/2017/12/11/technology/nicehash-ceo-speaks-out-after-60m-cryptocurrency-hack/27212/

How much have you lost?

I must say, I am impressed with how these men have handled this situation. To date, they show extreme character and honesty. If they in fact do reimburse users for their losses, that would be an epic achievement and one that earns and deserves respect and patronage from those who have need for their services. If they afford compensation for losses, (mine was very small) I would absolutely use them. Nicehash has always been just a failover for me, but I found their platform to be rock solid and their service more than adequate. I could reasonably assume that once they are past this, that they will have learned by test of fire, and their system will probably be more secure than most others out there.

I wish you the best Gentlemen.

I'm sure that if they pay all the losses, then respect for this platform will grow at times, and the pool is so accurate, because people will know that they are safe to mine.

anyone who goes back to using nicehash is a moron and deserves to have there coin stolen again, it happened once. it will happen again especially now that people know that nicehash is a good target. doubt there going to be able to pay back 60 to 78 million dollars any time soon, they don't even make that much a year

Shut the fuck up. You're a fucking idiot. Eat a dick.

says the person whos impressed about nicehash. yet they haven't returned a dime yet to there users

I'm sure you'd like to be tried, convicted and punished by a bunch of assclowns in a chat room huh? "Innocent until proven guilty". It's really better that way than yours. Stop acting like some Totalitarian dictator. Maybe.....just maybe, those guys are trying to run an honest business and they are victims too. How would you like to have your business torn apart by criminals and then be accused of the crime? We all make mistakes. Trust me....I make plenty.

Was thinking that seeds would become the new currency a mistake? Lol ... Sorry, couldn't resist.

I'm in total agreement with you on the NH ordeal.  I know people are pissed off that they lost money, but no one really knows who is responsible.  Just a ton of people making unnecessary accusations.

Turns out Nicehash crashing and burning has forced me to go out into the world and discover some more profitable coins.  Blessing in disguise as they say.  Probably made up for my loss of Nicehash BTC already.

I think nicehash security system more powerfull.
i dont understand why he keep all btc online ?

Too bad, just started using them and really liked their service. I doubt that they will recover from this hack.

It is the best time to mine neoscrypt coins, while NH is down)

I lost over £1200 to Nicehash, not my fault i was due a payment to an external wallet and it was the minimum payout 0.1BTC at the time, they are responsible, they were targetted because their security was not up to scratch, they held too much coin in a hot wallet all in one place, that is a schoolboy error and asking for trouble, as soon as i see some money back that they owe me for my mining then perhaps a little faith could be restored, until then no one knows the situation exactly but im certainly not in a position to forgive them at this moment in time.
Your response is childish and is just a plain insult with absolutely no help to this community whatsover.

"We will reimburs everyone" YEAH RIGHT. ill belive it when i see it. Dont hold your breath everyone, you will die. They just want to get their shit online to start earning again. They think this will be forgotten.

50/60 million dollars is really huge :o i don't think they can reimburse all the users.

Moreover you all need to consider the small miner payout schedule of around 1 week... Something goes wrong you loose whatever you have mined during 1 week in the worst case. I have changed to an Electroneum pool where I get paid to my wallet every hour. Unless Nicehash changes something about that I will definitely not be going back. How do ya all see that? I lost about 90 USD due to this security breach....

This could not be reimburse for sure because their would not be any backup plan. Now what will happen is that when such big amount is lose people be complaining about it to every one in their country because its a huge loss which has happened to many investors. Now government on the other hand will need to take care of their citizens so in order this does not happen to their citizens they will bring a strict law either banning such exchanges which are not being regulated to bring some strict polices against the cypto currencies.

Woof - this is awful to hear. I am quite saddened to hear this.

Most mining pools that I know have minimum payouts of like $200-300, to reach that I need way longer than a week.

The pool I'm mining XMR on is paying out at 0.3.  My 6 gpu rig is doing over 0.1 per day, so I'm getting paid out roughly every three days.

That's nice. I only use my server/CPU... I need ages for 0.1.  :-\

its pretty clear who is responsible, nicehash for being soooo naïve to leave 78 million dollars worth of coin in a hot wallet that was poorly secured and yall don't blame them? what morons you all are. technically they wernt hacked, someone logged into there NETWORK with one of the developers credentials. for all yall know it was an inside job and someone handed another person the login info.

Yep you could be right, it's probably in inside job and they just come up with "hey we were hacked sorry about it" PS: there is nothing we can do deal with it suckers :D

Yes, they are responsible for allowing a security breach to happen.  It was their job to prevent that from ever happening.  What you don't know is if they are guilty of theft or if they knowingly allowed their security to be breached.  Neither of those two scenarios are facts at this time.  They may eventually be proven to be facts, but they currently are not.  I'm not defending them.  I'm just not jumping to conclusions, because I am a reasonable person.

I believe some companies really hacked but after some time i am reading this kind of news like this.

Nicehash "hacked". You understand what " " means. Maybe they really get hacked but it is too often so I don't believe it anymore.

Was it profitable to them than earning regular commission from thousands of miner then :P

I am not accusing them with anything but i'm not believing any hack stories anymore.

Also with a part of 60m $ they can open nicerhash and can get more regular commissions :D

Whether Nicehash was hacked I am not sure, that's what the rumors say. One thing I know for sure is that I was one of the miners and my Bitcoin value in Nicehash shows zero. 

Where are they running Nicehack from because their 24 hours is two weeks here on planet earth and counting. R>I>P Nicehack 

So these 60/70m dollars worth of coins, how on earth are they going to launder them without exposing themselves?

I've interested will nicehash do payout hacked accounts or doesn't

I was paid by nicehash every week or even later. Now I am mining Electroneum and I get paid constantly every hour or so... This in my opinion is less risky. I lost sbout 90 USD due to the nicehash hack. So why go back to them if they reappear?

I find it interesting that some of the top law enforcement and investigative agencies on the planet have not reached the same conclusions as you and THEY actually have access to the forensics and intelligence. Yet, here you are.....infamous keyboard Judge, Jury and Executioner having already SOLVED the Nicehash case. Nothing you've said is based in any confirmed fact. NOTHING. So it's really pretty clear to all who read this thread who the "moron" is. Well, except you of course. This is typical of morons. You're always the last to know. Why......well.....because you're a moron of course. 

Haven't that nicehash stored the miners wallet and fund unto the Cold storage wallet and not a hot wallet? this is what they are claiming on their site when you signup and use the nicehash wallet right? what happen now?

https://www.facebook.com/photo.php?fbid=1726136727460213&set=p.1726136727460213&type=3&theater

https://www.facebook.com/photo.php?fbid=1726136727460213&set=p.1726136727460213&type=3&theater

I used to mine at Nice hash 3 -4 months ago , When was a newbie
And I still recommend Nice hash to any newbie out there who doesn't want to spend a lot of time and Just want BTC or Usd in return
It also give u the base of what a gpu should earn .
Anyways  for a site big as Nice hash to be hit shows even in the end of 2017 with all the security protocols and suck Your Funds are never save online always use hardware/paper wallet that is secure and Never store all your funds at one place if they are high
I hope the find the culprit and everyone gets their due share but Reality isn't like fairy tales where everyone has their happy endings

Damn, what cards are you mining with?  I'm mining on supportXMR pool as well with 2 RX570's and I'm definitely not getting 0.033 XMR per day (1/3 of your 6 GPU's).  Yours must be hashing a lot faster than mine :)  It's going to take me about 22-25 days to reach the 0.3 XMR Payout.

RX Vega 56's ... Over 1900 h/s per card ... Not to be confused with RX560's.

Interesting find, what have Nicehash got to say about that?
Obviously a blatant lie.

Reply from nicehash: Oops, sorry? We promise to do better next time, you can count on that, Cross our hart!

Will never go back to those incompetent scammers again.

They rescheduled my payments and then "sorry, your btc was stolen".

It was their responsibility to store btc in secure place, away from hackers. 100% they stole it.

After the tragic incident... and the positive announcements following the recently bad news, it is very disappointing that NiceHash turn into a scam now.
They're properly working before, right now they are held to be responsible and make it up to the ones who've lost. What now? ???

There are tons of these mate.
Even ones like MinerGate which have been around for a long time - I would be *VERY* cautious going to these sites as you download their software and literally give them access to mine on your machine, with no guarantees they are going to give you the hashes you have. For all we know they are only paying pennies per hash in comparison.

Dont trust everything you read on these things. They all want to fill the vacuum left by NiceHash.
MiningRigRentals is about the only place I trust.

Well said. I tested several of these some time ago and as you said - you are getting lower H/s. You are "paying" for the convenience of "fire and forget" which ..... is also ok  ;D

I'd be interested if someone in the know did a round up of all the alternatives and obviously you are catering to people busy with other stuff so that kind of summary is ideal :p   I'm sure any sum up would get views, I post on a few forums slightly aligned to tech etc.    I just wanted to know if kryptex did cpu mining as well because I have an 8 core with 20mb cache and it used to do really well with zero lag so seems a waste not to have it tied to a screensaver type setup when otherwise idle.   They do but which of these is best at capturing the best rate, obviously solo mining on a fast coin can be best but also requires more management, maybe more market risk and hassle.

I learned that Nicehash was attacked not long ago and that he is trying to restore it. There are a lot of investors falling into debt when Nicehash is attacked. I was a bit puzzled when I heard that.

Investors in NH that are falling into debt?  People who have invested their own money in mining rigs that don't care to learn how to mine singles?  What the hell do you mean? 

If NH raised money to start their company, their investors accepted the risk of investing in NiceHash.  So that's a who the fuck cares right there. 

Certainly is way more hassle.  But once you're in the game, you'll never go back to one click shit mining (selling hash power) not knowing where every dollar is going.

Just noticed the movement of some BTC out to various addreses from https://bitinfocharts.com/bitcoin/address/1EnJHhq8Jq8vDuZA5ahVh6H4t6jh1mB4rq

Now 3.000 BTC left. I'm curious how they will try to wash stolen coins.

Seems to be moving coins around probably to water down a little
https://bitinfocharts.com/bitcoin/block/499355/1EnJHhq8Jq8vDuZA5ahVh6H4t6jh1mB4rq

Will the stolen coins be returned? How likely will it be?

Probably a 1% chance.

Their website states ... The exact date of reimbursement for old balances will be announced by January 31, 2018.

lets hope its true

This NH soap opera is better than The Bold and the Beautiful.. Can't wait to see if you all get your money back.

They have already started ...

https://i.imgur.com/A5zUscK.jpg

Yeah, I appreciate the way their handling it. They say they're going to pay us back, so we'll see. They changed the way they do the wallet deal also which is nice. They payout to the Nicehash wallet daily (.001 BTC or more) with 2% fee which is the same as before, but to get it out of their wallet you used to have to pay a fee for each withdrawl, but now you can transfer to Coinbase daily for free, so there's no reason to leave money in your Nicehash wallet anymore. Unless you don't move it over (which is now your fault cause there's no fee) there's only one day of mining payments being held in their system. Plus I just like daily payments. Much better for my cash flow. The no fee Coinbase to Coinbase off chain transactions have really come in handy lately, even more so with the high transaction fees we've been dealing with.

I genuinely keep wondering if other members feel thesame way. (BTW, I'm not a NH member. I left there long ago.).

31st January today, any news?

Let's wait until tomorrow.

Don't hold your breath ...

Who uses nicehash and follow the news, ask from developers what about my 10$ ? xD

LOL....they never intended to pay anyone. Just a scam to get the sheep back to the watering hole. It worked. Suckers.

External wallet users are still screwed ... also "fully reimburse" here means we'll pay 10% noe, and the rest "in coming months"

https://www.nicehash.com/news/nicehash-will-fully-reimburse-its-users

Or coming years.

Surprise surprise. They are just paying what they lost with the profits of the current mining operations.

What do you guys could say about this statement?

"Disclaimer: By reimbursing of your old balance, NICEHASH d.o.o. does not, in any way or by any means, assume liability for the damages occurred because of NiceHash security breach on December 6, 2017."

do we have a choice?

They are bastards >:(

Where else are they going to get that kind of money?  A few weeks ago they said they had "foreign investors" to help them pay back the lost btc.  Lol ...

They lost coin  on Dec  6th and price was ? 17000

Now on pay back Feb 2 and price is ?          9300

10%  a  month or slower?


#######################################################################################################################
16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr

Repayment program
×
Current status

Original Old Balance:   0.03668450 BTC
Reimbursed by now:   0.00000000 BTC
Still to repay:   0.03668450 BTC

Disclaimer: By reimbursing of your old balance, NICEHASH d.o.o. does not, in any way or by any means, assume liability for the damages occurred because of NiceHash security breach on December 6, 2017

######################################################################################################################
1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje

Repayment program
×
Current status

Original Old Balance:   0.02658380 BTC
Reimbursed by now:   0.00000000 BTC
Still to repay:   0.02658380 BTC

Disclaimer: By reimbursing of your old balance, NICEHASH d.o.o. does not, in any way or by any means, assume liability for the damages occurred because of NiceHash security breach on December 6, 2017

######################################################################################################################

146UJM5kgzLVUV23CXCf33KQKHckoX1gx3

Repayment program
×
Current status
Original Old Balance:   0.00911800 BTC
Reimbursed by now:   0.00000000 BTC
Still to repay:   0.00911800 BTC

Disclaimer: By reimbursing of your old balance, NICEHASH d.o.o. does not, in any way or by any means, assume liability for the damages occurred because of NiceHash security breach on December 6, 2017






So about 0.073 which was over 1241 usd

it is now under 700 usd

At least they are paying something back. I don't think it is fair to expect them to return you the amount in dollars. The funds on the account at Nicehash was in BTC and while BTC is down at the moment it could as well have been up and in that case I am sure you would be unhappy if they paid out the USD value.

So while I also think 10% per month is very slow, it is at least better than not getting anything at all.

Personally I am not going to return to mine via Nicehash, only did it in the beginning because it was an easy way to get started, but since they went offline and I had to setup something else, I won't be going back to their high fees.

This is the game my friends. Its unfortunate but it is what it is. They are trying their best, and ive acually started to use their service again after the hack. In my opinion they handled it the best they could, and are now trying to make amends the best way possible for them.

Yeah, nice handeling when +70000000 USD is missing.

Yeah, I'm not really happy with 10%, but it is better then nothing (for now). I have most of my miners pointed elsewhere after the hack, except the algo switching ones which I have set to mine there if prices are up, and to failover to other pools when they are down. If they had given me the whole amount owed, I'd of bought a Nicehash shirt (and a new GPU to be pointed there). I'm reserving judgement at the moment, but definetly not feeling too happy or loyal at the moment.

I mine with them.  Actually  this bothers me far less then the 0.0001 non refundable fee to rent from them.


I know that cost me more then this did.  In fact I dont rent much  anymore due to that 0.0001 btc fee

I can tell you they have cancelled and dropped off many many many many rentals on me.  Stealing that fee.

They should refund it when they cancel the order.

In the past they also said they had cold wallets and insurance...

Hey  they said they were paying  10 % on  the 2nd of feb.


did anyone get coin.

https://www.nicehash.com/miner/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje

all my numbers are pending  for a day 0 fucking coin.


Repayment program

×
Current status


Original Old Balance:   0.02658380 BTC
Reimbursed pending:   0.00265838 BTC
Reimbursed by now:   0.00000000 BTC
Still to repay:   0.02392542 BTC

Disclaimer: By reimbursing of your old balance, NICEHASH d.o.o. does not, in any way or by any means, assume liability for the damages occurred

Yeah Phillip, I did. 

thank you

When I did it, it instantly showed up in my wallet.  I never saw in the reimbursed pending field, like you're seeing.

I believe your 10% is too small, need to hit a minimum before the payout. You may have to wait for another round of 10% and accumulate from there to meet the min payout

That isn't correct ... Look at mine ...


Original Old Balance:   0.00322985 BTC
Reimbursed pending:   0.00000000 BTC
Reimbursed by now:   0.00032298 BTC
Still to repay:           0.00290687 BTC

are they back in business?

Has everyone gotten their full balances back yet? Or are they still short coins from the hack ? ???

Yep, and they're offering "full" reimbursements for losses in waves, with this one being 10%. I feel like they're going to stretch this out over a very long period of time though, but it's still better than nothing.
No, everyone has only gotten 10% pending or already processed as of now.

Lol ... They've been back in business for a month.  Go back to sleep.

It was so nice not seeing 1Ths randomly appear on some lyra2re coin or whatever. Profit calculators were wrong in a good way for once.

External wallets have a higher threshold to receive a reimbursement. You have an internal wallet so you get reimbursed with lower balance.

That could be a very good point.  Do you think that's what it is, Phillip?

I dont see any of the current status part.   Where is this listed, it used to show a balance but not at the moment..
I see mining balance not the old one I used to have :/

I also got a 10% payback indication. But they say my balance is much lower than it was when the hack took place.
I use an external wallet and had about 0.012 btc, now they say it was 0.009. Seriously!

I think this thing about them getting hacked is a total scam I will not mine with them and warn everyone I can to mine with them.

Screenshots or it didn't happen.

I am also have 0.0013, after 100% payback can i withdraw it. what the fee charge NH then ?

Withdraw to my BTC wallet
Minimum:   0.0055 BTC
Processing time:   up to 24h
Fee:   0.5% (min. 0.0005 BTC)

Transactions fees are still so high?  >:(

No. 10% to internal wallet also "pending" for days.

I received my 10% (~0.0422) yesterday and already withdrew to c-base. It was my own mistake to trust a pool to keep a week worth of my mining proceeds, so I already mentally wrote it off as unexpected education fees. Now this 10% just appears as free money to me. Otherwise it's business as usual. High risk, high reward.

Use coinbase wallet to receive your btc, no fees, and instant transfer, its a less headache, this is I guess the right thing they've done so far aside from getting at least 10% of reimbursement and no definite schedule on the next payment. however minimum is now 0.002 still within your amount payout.

So Nicehash paid another 10% of the old balance this time.

seems the trust is going back :D

https://imgur.com/Ctk4hb3

It looks like they are REALLY paying back, i know that it will take a long time(10 months). But they are really going to do it. TBH i didn't expect this. But they are coming back(IN BLACK :D ) but we still shouldn't forget the lesson from this. Don't keep your coins on random bullshit sites(even if they are paying back what they lost).

I can see another 10% payment but where do i view old balance now? Seems to have moved/disappeared?

Are you taking about an internal or external wallet?
The external has not moved as far as I can see.
I can't get to the internal one from work (can't login) but it was there when I looked Saturday.
-Dave

Doesn't seem to be any new repayments from Nicehash.

Anyone see signs that NH intends to repay?

Yep, they already announced the 3rd next payment

https://www.nicehash.com/news/third-reimbursement-of-the-repayment-program

I already like them actually, however still mining profits not yet recovered as BTC still at low, hope to see a green line within few days

1 BTC = 1 BTC

Selling hash to Nicehash I would have made 40% less last in March. Might be a good idea to rent hash from them...except I don't trust them with my BTC anymore...

 :o some news from nh:


source:
https://www.nicehash.com/news/niceHash-security-breach-investigation-update

Whoever did that attack on Nicehash wasn't a noob, that's for sure.
I just wonder whether they'll be able to trace it at all. I suppose they have the wallet address(es) the BTC went to, but after that they could just have exchanged them for XMR and then it's pretty much game over...

not really as most believe they did it themselves.  The btc went into a mixer then after that its pretty damn hard to trace.