Going to be some big difficulty fluctuations. Will be interesting to see if prices follow or not.
Could be a great time to fill a few bags.
Yeah, I always suspected that nicehash was huge, but not
this huge. Even the slower coins have started to significantly drop their difficulties. My profits as a solominer are way up!
Kind of crazy how much of an effect such an amateurish service that rips plug and play miners heavily off has.
At these times it really shows how much they take away from "real" miners. By real, I mean miners who put in the time to research coins and decide what to mine in contrast to normal nicehash users who usually have absolutely no idea what they mined as they just get paid in BTC...
Also, how could they had 4736 Bitocins in hot wallets?! Ridiculous. Almost suspect of being an inside "hack" (e.g. stealing of funds) but I'm not about to start rumors.
The negligence for security for such amount is ludicrous. Which is suspect.
I think the fall of nicehash would clear out a lot of shitcoins. Desperate devs and bag holders will have less ways to keep a dead coin's network moving.
So possibly, the image of Altcoins can improve from this if the useless ones do in fact die off.
It blows my mind how all these nicehash dependent miners are still so careless to get serious with learning to mine. Its not that crazy.....I mean just look all over every mining forums. They're flooded with "Walk me though this" type posts.
