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Author Topic: Nicehash site is up...  (Read 1899 times)
rickou812 (OP)
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December 21, 2017, 01:13:47 AM
 #1

The nicehash site is back up.
However, my "non-login" account does not reflect the previous balance in the "old balance" tab.
It displays "Old balance 0.00025380 BTC"  for all non-login type accounts under the "Find Miner" tab..

So does this mean they are only going to reimburse those that mined to their log-in type accounts... Huh

I had 0.01576199BTC when it went down..
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rickou812 (OP)
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December 21, 2017, 01:21:18 AM
 #2

Also just noticed that the correct btc is displayed on my android "nicehash monitor" app...
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December 21, 2017, 01:41:51 AM
 #3

nicehash says I have to reset my password, but I can not recieve password reset email, checked both inbox and spam box.
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December 21, 2017, 01:44:55 AM
 #4

Good to see NiceHack back! Already seeing a drop in swimmers at two pools.
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December 21, 2017, 02:10:39 AM
 #5

Just figured this accidentally. Was able to change password(forced actually), and can't wait to run it and see what's happening Cheesy
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December 21, 2017, 02:11:46 AM
Last edit: December 21, 2017, 02:24:39 AM by begnme
 #6

Fired up NH client and tried to mine but a whole lot of O h/s showing. Eventually see a pool disconnect and then reconnect and back to O h/s showing. Installed the new NH client same results. Hmmmmm. More secure then ever check but did you have to make the client no longer work....lol.

Just checked redit and the consensus is that AMD mining is working but not NVIDIA. Back to ccminer for now.
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December 21, 2017, 02:36:46 AM
 #7

The profitability calculator is also broken.  Shows me .44 cents profit for day, week, and month for a 1070ti.  Probably take them a few days to get everything fixed. Im not using them but always found their calculator and benchmarking tool helpful.
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December 21, 2017, 02:49:40 AM
 #8

blah blah blah
the stratums aren't even up yet. Does the average nicehash user even understand how this works? lol

I can't connect to USA, EUROPE, JAPAN, CHINA... Oh look the India one is up. Brazil is up.
Tried USA again -- timeout

Maybe when this doesn't show half a page of ZEROES it's worth trying again:
https://www.nicehash.com/algorithm


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December 21, 2017, 02:57:45 AM
Last edit: December 21, 2017, 03:21:34 AM by damNmad
 #9

Yeah it seems UP now, asking me to reset my 2FA, just did it.

My balance is 0, it was supposed to be 0.02 BTC, everything gone in vain, not sure whom to blame Sad  (probably myself)

Is everyone seeing the same? I don't think people will see nicehash the same way they used to see before!!

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December 21, 2017, 02:59:47 AM
 #10

Hopefully it doesn’t kill these sweet profits
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December 21, 2017, 03:52:13 AM
 #11

Surprisingly or not, they are the best in the business just few hours after going online Cheesy

Stopped mining Electroneum and compared NiceHash Legacy vs WinMiner- $6.7 vs $5.3. Not bad for first few hours Smiley

Screenshots/more info:
http://minerpath.com/nicehash-back-online/
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December 21, 2017, 04:20:12 AM
 #12

None of my Nvidia rigs are able to do anything on their any of their locations. I was able to get India to work for a bit but then it stopped. Undecided
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December 21, 2017, 04:25:24 AM
 #13

The profitability calculator is also broken.  Shows me .44 cents profit for day, week, and month for a 1070ti.  Probably take them a few days to get everything fixed. Im not using them but always found their calculator and benchmarking tool helpful.
Their calculator shows past earnings for your hardware. And with an empty database it would only these  44 cents from the past couple hours.
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December 21, 2017, 04:26:34 AM
 #14

None of my Nvidia rigs are able to do anything on their any of their locations. I was able to get India to work for a bit but then it stopped. Undecided
I guess it takes time for those leasing hash there to transfer some btc. Recently bitcoin transactions are often really slow.
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December 21, 2017, 05:18:58 AM
 #15

Still haven't been able to get my antminer L3+ going on it yet.  Guess I'll just mine on prohashing for another day until they get their stratum servers up and running smoothe

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December 21, 2017, 05:36:54 AM
 #16

and i have a question, will u all return to mine from nicehash?
and will nicehash fullfill their promise at 31 januari 2018?
i have 0,029btc at there...

i think i'm will not mining there before they return my btc...
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December 21, 2017, 05:54:43 AM
 #17

Are you still trusting nicehash after the hack.. For me i feel this is inside job that is why almost all miners balance are gone..
Much better to mine directly with script like claymore or any script provided by trusted members here without any problem

and i have a question, will u all return to mine from nicehash?
and will nicehash fullfill their promise at 31 januari 2018?
i have 0,029btc at there...

i think i'm will not mining there before they return my btc...
If its real better to wait on january 31 just to be sure they are still legit or not if they are paid you out well you are lucky to get your bitcoins back..
MiningDoc
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December 21, 2017, 05:55:17 AM
 #18

and i have a question, will u all return to mine from nicehash?
and will nicehash fullfill their promise at 31 januari 2018?
i have 0,029btc at there...

i think i'm will not mining there before they return my btc...

I don't expect them to return stolen btc.  If they don't have it, they can't return it.  I lost a bit there as well, but was only 0.006, so not the same amount as yours, but I don't expect it to be comming back.  If it does, fantastic, bonus.

Right now my concern is paying off my miner and electricity costs.  To do that, I try and mine in the most profitable way to reduce the time it takes to Return my initial costs of the miner and the current electricity costs of running it.  If nicehash is the most profitable, and it significantly reduces the time it takes me to recover out of pocket costs in order to turn a profit, then yes I will mine there.

I will just have what ever the lowest payout threshold is so I leave as little as possible in their hands.

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December 21, 2017, 06:29:52 AM
 #19

Site is back ,good and working.
MiningDoc
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December 21, 2017, 06:47:54 AM
 #20

Site is back ,good and working.

Have you connected to the stratum servers?

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December 21, 2017, 06:54:37 AM
 #21

I don't know why miners use this niceshit , they already lost your money ,$60 f'kin milli thats real serious money , just use console miners or do you like to get bankrupted.

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December 21, 2017, 06:59:06 AM
 #22

Warning, nicehash is SCAM
The ignore any statements about the stolen money because they did that!

It is just a question when they say uuuppps were hacked again and another 60m are on nicehash ceos private wallet;-)
A evidence is that they also didn’t change their weekly payment structures;-)

But you are free to feed the fish ;-)

The market is full of interesting competitors Wink
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December 21, 2017, 07:59:13 AM
 #23

I don't know why miners use this niceshit , they already lost your money ,$60 f'kin milli thats real serious money , just use console miners or do you like to get bankrupted.

'Nuff said  Grin

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December 21, 2017, 08:10:16 AM
 #24

I would have considered returning to Nicehash if they allowed payout in Bitcoin Cash, Litecoin, or Ethereum as an option, since they are still a BTC only payout site I have no intentions of heading back there anytime soon.
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December 21, 2017, 08:22:15 AM
 #25

not really interested in going back either but will monitor this tread to see what users say about earnings using their service. 
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December 21, 2017, 09:27:04 AM
 #26

is there any statement on whether they will pay back the miners?  Huh
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December 21, 2017, 09:54:59 AM
 #27

чeтo нe paбoтaeт вpoдe
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December 21, 2017, 10:03:51 AM
 #28

Really crazy that they actually found some investor who will pay for all the stolen funds.

Wondering if they had to sell part of their company to make it operational again.

Looks like another Bitfinex rescue story like they did with those shares.

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December 21, 2017, 11:15:48 AM
 #29

Actually the stolen amount of bitcoins is not huge, so they can recover from this. As some suggested behind nicehash, there is oligarch person involved so not a big deal for them.
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December 21, 2017, 11:16:48 AM
 #30

Is it possible to see how many miners are already mining on NH?
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December 21, 2017, 11:33:45 AM
 #31

yes, https://www.nicehash.com/algorithm not bad after a such fail  Grin
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December 21, 2017, 11:39:44 AM
 #32

yes, https://www.nicehash.com/algorithm not bad after a such fail  Grin

but lets be honest. how dumb should one be to trust them after what had happened? some people are not to help anymore and run into lions throat.

the whole cryptocurrency universe is very vague and after you get ripped off - learn from your mistakes...but NO - YAAY Nicehash is up, lets mine there again.....off my BTC is gone again.... Undecided
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December 21, 2017, 12:22:50 PM
 #33

By 31 Jan. they will announce another hijack Cheesy These people mining back on NH has to be all pure newbies who don't know shit about crypto world.
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December 21, 2017, 01:26:47 PM
 #34

not really interested in going back either but will monitor this tread to see what users say about earnings using their service. 

NiceHash was and still is the best in the business:

https://i0.wp.com/minerpath.com/wp-content/uploads/2017/12/nicehash_earnings.jpg
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December 21, 2017, 01:38:06 PM
 #35

Please don't use their service until EVERYONE has gotten their money back. We know it was an inside job. Why would you go back there before their debt has been payed Huh
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December 21, 2017, 02:43:36 PM
 #36

is there any statement on whether they will pay back the miners?  Huh
There's simply NO WAY those who lost their money would ever get it back. I'm sorry but just accept it and move on.
Even if they claim they have insurance and so on...

With that said I simply can't recommend NH any longer due to this farce.

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Ill mine there AFTER I get my money back and they impement daily payouts like normal pools, not before
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December 21, 2017, 03:41:59 PM
 #37

Well, none of the mining servers are accepting connections at the moment, so ethics aside you can't mine anyway...

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December 21, 2017, 03:47:04 PM
 #38

Good to see Nicehash is back!  Cool Cool
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December 21, 2017, 03:54:28 PM
 #39

I dont know.. This doesnt exactly feel right IMO. I like nicehash enough... its just with a hack like that...

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December 21, 2017, 04:03:10 PM
 #40

Well, none of the mining servers are accepting connections at the moment, so ethics aside you can't mine anyway...

I am selling hash as I type

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

I use nicehash  as part of my business model

I mine to various  btc addresses from multiple locations

Each location  has a different  btc address.

If you mine from one location  just for yourself  you do not need nicehash.

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December 21, 2017, 04:10:03 PM
 #41

I recommend for all wait for 31 jan, if he pay old balances cashout, and then go out at 250 mph/h

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December 21, 2017, 04:19:06 PM
 #42

I wonder what percentage of the people will go back to this after what happened.
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December 21, 2017, 04:21:58 PM
 #43

I couldn't wait to get back.  Tried a variety of other pools, but nothing touches the returns from NH.

Currently on my little 4 GPU rig (2xAMD 570, 2xNVIDIA 1070) I'm getting ~$13-15/day.

I could never get that from any other pool.

Mad props to them on making plans to repay miners, as well.  I'm happy.
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December 21, 2017, 04:22:40 PM
 #44

I for one will not mine on their site until I get paid what is owed to me and I'm pretty sure I am owed more than what is said they owe me on the site.
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December 21, 2017, 04:35:58 PM
 #45

Whats to say another hack wont happen again? also does it seem weird to anyone else that there are other market places similar to Nicehash that haven't gotten hacked? if u ask me it was an inside job and wouldn't trust them with my miners again. Sad
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December 21, 2017, 04:37:08 PM
 #46

Ok.. I had about 0.018 and?? What now?) How to obtain them with such ‘great’ news
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December 21, 2017, 04:45:47 PM
 #47

I couldn't wait to get back.  Tried a variety of other pools, but nothing touches the returns from NH.

Currently on my little 4 GPU rig (2xAMD 570, 2xNVIDIA 1070) I'm getting ~$13-15/day.

I could never get that from any other pool.

Mad props to them on making plans to repay miners, as well.  I'm happy.

You can definitely get more than that with solo mining or maybe even with other one-click miners ....
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December 21, 2017, 04:46:01 PM
 #48

I wonder what percentage of the people will go back to this after what happened.

I already did. You may say why ? Because one of my rigs with modified bios and 6 x RX 570 series is doing 4950 h/s on Monero/Cryptonight algorithm. Paying 26.5 USD daily I guess one of the highest for such configuration and Monero is my favorite algorithm because it consumes less energy.

Same cards on Winminer were doing 3600 h/s or 17 USD daily, that is 270 USD more monthly with Nicehash. I would be stupid to not go back. I think they will not be hacked anymore and store all the coins in cold storage now.

The only thing I disagree is the same min payout, I would love to see 0.005 btc as min withdraw.
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December 21, 2017, 04:50:12 PM
 #49

Well, none of the mining servers are accepting connections at the moment, so ethics aside you can't mine anyway...

Are you trying the nVidia miner? Legacy miner(AMD) works fine since yesterday...
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December 21, 2017, 05:17:58 PM
 #50

I recommend for all wait for 31 jan, if he pay old balances cashout, and then go out at 250 mph/h

Totally agree with you, let's wait until January 31, to see if it is as they say.
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December 21, 2017, 05:40:33 PM
 #51

Just read a news that Nicehash will rise up and going to return investments' funds.
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December 21, 2017, 07:12:51 PM
 #52

I for one, was a NH user, among others, but will not send any of my hashing power to their pool until they have paid my outstanding balance.  My opinion, they are providing a service, at a cost, and should be making it right  for their customer base before all else.  The fact they have decided to "Re-open for business" before settling their outstanding debt is concerning.
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December 21, 2017, 08:27:13 PM
 #53

I wonder what percentage of the people will go back to this after what happened.

I already did. You may say why ? Because one of my rigs with modified bios and 6 x RX 570 series is doing 4950 h/s on Monero/Cryptonight algorithm. Paying 26.5 USD daily I guess one of the highest for such configuration and Monero is my favorite algorithm because it consumes less energy.

Same cards on Winminer were doing 3600 h/s or 17 USD daily, that is 270 USD more monthly with Nicehash. I would be stupid to not go back. I think they will not be hacked anymore and store all the coins in cold storage now.

The only thing I disagree is the same min payout, I would love to see 0.005 btc as min withdraw.

anyone who thinks like this noob does, is one stupidly naïve person. they didn't change much of anything. payout amount is the same, id bet all the funds go into a hot wallet still just waiting to get hacked again. so think they will not get hacked again is a stupid thing to think

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December 21, 2017, 08:35:44 PM
 #54

I wouldn't trust nicehack again, come on guys we know that they are giving convenience when it comes to the profit of our mined coins.

But it just happened that their security isn't good as others and they hired a past hacker or who knows that hacker is still on his own agenda and keeps on doing nasty things.

If I were you, I'll move to another pool and will not be fooled again by them.

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December 21, 2017, 08:50:09 PM
 #55

I wouldn't trust nicehack again, come on guys we know that they are giving convenience when it comes to the profit of our mined coins.

But it just happened that their security isn't good as others and they hired a past hacker or who knows that hacker is still on his own agenda and keeps on doing nasty things.

If I were you, I'll move to another pool and will not be fooled again by them.

What is the old saying.....Fool me once, shame on you; fool me twice, shame on me!!
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December 21, 2017, 08:52:46 PM
 #56

Anyone who mines there before they repay everything wants their heads looking at. Money or not it's about ethics and they have none at all.
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December 21, 2017, 09:01:05 PM
 #57

Anyone who mines there before they repay everything wants their heads looking at. Money or not it's about ethics and they have none at all.

I agree.  For me it runs deeper, Nicehash is in business because of the miners, not for the miners.  As a miner, we should hold them accountable.  I believe if they gain enough return miners inspite of their F'up, they will never repay the BTC.  Why would they?  The return of the miners to their organization gives the impression of a free pass...
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December 21, 2017, 09:14:51 PM
 #58

Anyone who mines there before they repay everything wants their heads looking at. Money or not it's about ethics and they have none at all.

I agree.  For me it runs deeper, Nicehash is in business because of the miners, not for the miners.  As a miner, we should hold them accountable.  I believe if they gain enough return miners inspite of their F'up, they will never repay the BTC.  Why would they?  The return of the miners to their organization gives the impression of a free pass...

Here is the deal, THEY WILL ANNOUNCE PAYOUT DATE ON JAN. 31st. which means they don't pay you back then but on some later date. If you are mining with them now, you are fronting the money for them to repay what they already owe you .... whole world of crypto is based on TRUST and each one of us can decide (for him/her self) how trustworthy are they after what happened.

As far as comments that other pools paid you less ... well, how much did you get payed from NH over last few weeks?

I hope that they rise up and be the best mining solution ever, but it will take time to regain the trust that they lost with many ...... just my 2c
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December 21, 2017, 09:16:10 PM
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Good news that nicehash again working properly. Hope they not gonna have same problem in future
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December 21, 2017, 09:34:43 PM
 #60

Have they found out how the thieves did it? They must have, or else the same thing will happen again.

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December 21, 2017, 09:36:23 PM
 #61

not saying it's bullet proof but I'm sure a crap ton more security is in place.  Now if they did the hack themselves well.... you're fooked!  Tongue

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December 21, 2017, 10:12:15 PM
 #62

I wonder what percentage of the people will go back to this after what happened.

I already did. You may say why ? Because one of my rigs with modified bios and 6 x RX 570 series is doing 4950 h/s on Monero/Cryptonight algorithm. Paying 26.5 USD daily I guess one of the highest for such configuration and Monero is my favorite algorithm because it consumes less energy.

Same cards on Winminer were doing 3600 h/s or 17 USD daily, that is 270 USD more monthly with Nicehash. I would be stupid to not go back. I think they will not be hacked anymore and store all the coins in cold storage now.

The only thing I disagree is the same min payout, I would love to see 0.005 btc as min withdraw.

anyone who thinks like this noob does, is one stupidly naïve person. they didn't change much of anything. payout amount is the same, id bet all the funds go into a hot wallet still just waiting to get hacked again. so think they will not get hacked again is a stupid thing to think

Calling me noob is something stupid, having built more than 100 boards for many friends and not friends, lately I have done a successful bios modification also of one of the most problematic card and with Hynix memory. Why am I stupid, I make 0.011 btc weekly so max I can lose is one week of mining. I made 76 USD with Winminer in one week, while I am making about 160 USD within a week with Nicehash.

It is called risk taking and not stupid thinking.

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December 21, 2017, 10:19:51 PM
 #63

Since I never found a good reliable pool with a LOW payout threshold for CryptoNight (Monero) mining, my CPU miners are pointed at Nicehash.
I had the one Vega doing something else while NH was down (not cryptocoin related), it's also pointed at Nicehash.
The rest I'm keeping away for now.


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December 22, 2017, 12:05:09 AM
 #64

I for one will not mine on their site until I get paid what is owed to me and I'm pretty sure I am owed more than what is said they owe me on the site.

For my address, the balance owed is correct.  I looked at the balance the evening of the theft and that matches up with what the page now says is owed.  Hopefully yours is not too far off.

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December 22, 2017, 12:26:59 AM
 #65

I have tried multiple times to login so i can get the password reset but have had no luck so I tried to do lost password reset still nothing I than contacted support and got a reply in a few hrs saying with all the emails being sent from their domain some email servers flagged them I used yahoo is anyone else having a issue
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December 22, 2017, 02:36:55 AM
 #66

I think they're more profitable right away but maybe not long term... like I'm mining ethereum classic and stacking the coins at around 35-40, and hoping they go up to 75-100 next year, but I don't need the money right now, I'm waiting. Maybe I'll lose. I guess you could stack bc too, but I don't use my gpus for that. For straight up income daily nicehash is usually the best. Sucks about the hack but no risk no reward I guess.
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December 22, 2017, 02:37:26 AM
 #67

I'm definitely not going to be mining at Nicehash until they have lowered the payout, paid what they owe people and proven that they are without issues for a reasonable time frame.

After all, you will likely make more money if you mine the coins directly and cash out to BTC. Especially since BTC is constantly fluctuating, and Nicehash takes forever to give you your BTC...  If you ever see it.. lol

So by the time you receive your BTC it might just be worth half the dollars that it was when you mined it...

Oh, and BTW... Don't be surprised if Nicehash suddenly has problems with their next payout, and it gets "delayed".  Wink Cheesy
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December 22, 2017, 05:54:04 AM
 #68

So Nicehash comes back online the same day that the last of the coins left the wallet they went into, in the meantime BTC went up to $19k, day it came back online BTC at $15.5k, were they sold at top price and bought back at lower price, in my calculations 4700 bitcoins at $3500 profit = 16.45 million dollars profit??
Just a thought??
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December 22, 2017, 06:42:01 AM
 #69

Since I never found a good reliable pool with a LOW payout threshold for CryptoNight (Monero) mining, my CPU miners are pointed at Nicehash.
I had the one Vega doing something else while NH was down (not cryptocoin related), it's also pointed at Nicehash.
The rest I'm keeping away for now.
Nanopool you can set to 0.3 Monero payout, that is pretty low. I still prefer nicehash and already switched back to it though.
 
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December 22, 2017, 07:15:18 AM
 #70

So Nicehash comes back online the same day that the last of the coins left the wallet they went into, in the meantime BTC went up to $19k, day it came back online BTC at $15.5k, were they sold at top price and bought back at lower price, in my calculations 4700 bitcoins at $3500 profit = 16.45 million dollars profit??
Just a thought??
I have a feeling that they knew somehow that the bitcoin price will crash soon. now they can buy back bitcoins on a much lower price. They said they will return bitcoins on end of January thats possible indication that by then the prices will go up again.
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December 22, 2017, 08:14:14 AM
 #71

Yeah, it's very suspicious that this hacking is just before the bitcoin rate falls.
Well, at least let them return what was on the balance, and that's good for me.
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December 22, 2017, 08:38:54 AM
 #72

If the hack was indeed an excuse to sell 4k+ coins at a price of 18-19K dollars. That's very clever move by them, profit at least $30mn+  . Well thats how you do it boys  Grin
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December 22, 2017, 08:41:56 AM
 #73

It's obvious it was them that did the hack, anyone using this service is in denial and addicted to the site. I really don't want to associate with a service that is destroying mining for the real miners.
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December 22, 2017, 09:05:38 AM
 #74

If the hack was indeed an excuse to sell 4k+ coins at a price of 18-19K dollars. That's very clever move by them, profit at least $30mn+  . Well thats how you do it boys  Grin
If it is the case they took a big risk that paid off, gotta kinda like em for it.
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December 22, 2017, 09:09:08 AM
 #75

If the hack was indeed an excuse to sell 4k+ coins at a price of 18-19K dollars. That's very clever move by them, profit at least $30mn+  . Well thats how you do it boys  Grin
If it is the case they took a big risk that paid off, gotta kinda like em for it.

if that was the case, if that move failed you wouldn't like them then. not to mention if that's the case they took a gamble WITH YOUR MONEY and WITHOUT your consent just to gain a few bucks

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December 22, 2017, 09:27:48 AM
 #76

Well, none of the mining servers are accepting connections at the moment, so ethics aside you can't mine anyway...

Are you trying the nVidia miner? Legacy miner(AMD) works fine since yesterday...

Nope, using the tcp stratum address in Claymore/Cast. Tried EU, US and Asia versions. Maybe a temp glitch...

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December 22, 2017, 09:48:47 AM
 #77

I wouldn't trust nicehack again, come on guys we know that they are giving convenience when it comes to the profit of our mined coins.

But it just happened that their security isn't good as others and they hired a past hacker or who knows that hacker is still on his own agenda and keeps on doing nasty things.

If I were you, I'll move to another pool and will not be fooled again by them.

What is the old saying.....Fool me once, shame on you; fool me twice, shame on me!!

Add also this one, once is enough - twice is too much.

As an update I've read in a group that there are some bugs existing and I can't post it since I forgot on what group of miners is that.

And that really made me feel upset on their comeback, no more NH. Take them guys with what you believe but I've warned you.

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December 22, 2017, 10:07:42 AM
 #78

i'm confused now..
must i trust nicehash again?
they offer great profit, great return...
but they haven't paid the lost / hack money

should i return to nicehash again?
please advice
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December 22, 2017, 11:13:39 AM
 #79

where is more profit?
l3+ shows 17$ in 24 hours and other pools profit is 20-22

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December 22, 2017, 11:36:09 AM
 #80

Good news! But when I get my BTC? When it will cost the lowest price... a coincidence - I do not think so. They simply did not want to pay when bitcoin started to grow.
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December 22, 2017, 12:08:01 PM
 #81

where is more profit?
l3+ shows 17$ in 24 hours and other pools profit is 20-22

Done be just looking at "profits" since that is only IF they pay you  Grin  Grin  Grin

While I do not really hold grudge against them here are my few issues:

- Their minimum payment policy is still ridiculous
- They will announce on Jan 31st when will they pay out outstanding (pre hack) balances - so you are not getting payed on Jan 31st
- No real details on investigation, mitigation process etc.

There are many questions to be answered here. Also you will mine now and basically make them money that they will pay back your outstanding dues ... their h/s rate is slightly higher than other pools but is that cause they want your business back???

We are all adults here and should be able to make our own decisions but keep in mind that whole crypto world revolves around trust and there were some serious issues recently (hint hint) .....
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December 22, 2017, 01:25:43 PM
 #82

i'm confused now..
must i trust nicehash again?
they offer great profit, great return...
but they haven't paid the lost / hack money

should i return to nicehash again?
please advice

It's your call, but I personally have a hard time trusting a site that got hacked, hasn't revealed anything about the investigation, hasn't confirmed they will reimburse everyone, and now wants people to come back and help them earn more money again.

It's a sh!t situation, and I will have to see some stability and reliability before even considering my hash power with them.

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December 22, 2017, 02:46:08 PM
 #83

they definitely back up. noticing huge difficulty spikes again. wonderful....

i hope you all get robbed a second time lol.

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December 22, 2017, 02:50:59 PM
 #84

Do payouts have fixed or percentage fee?
Their website says "payouts from 0.001 BTC" which is atm like 11 USD. So if you keep payouting 50 USD your risk should be minimal with highest profitability?

Thus, what does "...from..." means? And how are payout fees calculated?

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December 22, 2017, 03:27:35 PM
 #85

I am also glad that nicehash is back. The sum of the balances in my account is not active. It is written that specific information on refunds will be announced before January 31. But I don't really care. I never keep coins on an internal wallet. I'm more worried about the fact that the nicehash pools are working intermittently. The production is not stable. Periodically lost connection pools.
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December 22, 2017, 03:32:22 PM
 #86

Im wait 31 to. Strange
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December 22, 2017, 03:50:51 PM
 #87

I would rather mine for myself than go back to them  Undecided Undecided
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December 22, 2017, 05:05:18 PM
 #88

This is bad news for me
Im not mining at NiceHash, and Nice Hash will kill Hashrate and Difficulty for rent service  Grin

Okay i hope NiceHash improove security and not down again
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December 22, 2017, 05:13:47 PM
 #89

Good to see site is back, hope every thing goes well from now  Grin
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December 22, 2017, 08:07:17 PM
 #90

where is more profit?
l3+ shows 17$ in 24 hours and other pools profit is 20-22

 Scrypt on Nicehash at this time is LOWER profit than mining Litecoin via a pool like LiteCoinPool.

 This is a reversal of the situation for 2-3 months before the hack, when Nicehash was paying out a LOT more for Scrypt hashrate than mining Litecoin directly, and usually more than mining any of the other Scypt altcoins.


 The ONLY stuff I have pointed at Nicehash at this point is the cryptonight CPUs and my single Vega - which I had not found a replacement home for anyway as far as Monero mining went, so if their income gets lost it's no real loss to me other than a few watts extra power usage (and somewhat fewer DNet RC5-72 blocks crunched).

 Very low risk (the extra electric usage), potential some gain, ONLY reason I'm using them at all for the next month and change.


 My "old mining income" tab thing IS showing what appears to be the "correct" amount, but I didn't watch my Nicehash balance every hour or such so it could be off a LITTLE.



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December 22, 2017, 08:18:50 PM
 #91

where is more profit?
l3+ shows 17$ in 24 hours and other pools profit is 20-22

 Scrypt on Nicehash at this time is LOWER profit than mining Litecoin via a pool like LiteCoinPool.

 This is a reversal of the situation for 2-3 months before the hack, when Nicehash was paying out a LOT more for Scrypt hashrate than mining Litecoin directly, and usually more than mining any of the other Scypt altcoins.


 The ONLY stuff I have pointed at Nicehash at this point is the cryptonight CPUs and my single Vega - which I had not found a replacement home for anyway as far as Monero mining went, so if their income gets lost it's no real loss to me other than a few watts extra power usage (and somewhat fewer DNet RC5-72 blocks crunched).

 Very low risk (the extra electric usage), potential some gain, ONLY reason I'm using them at all for the next month and change.


 My "old mining income" tab thing IS showing what appears to be the "correct" amount, but I didn't watch my Nicehash balance every hour or such so it could be off a LITTLE.



thank you for respons my post. you are right, LTC price is down right now.
that's why calculator shows 17$

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December 22, 2017, 10:14:28 PM
 #92

Since last night I have noticed that the NH Client software is reporting much higher numbers than the dashboard. In some cases this is 15-20 bucks / day...

I'm seeing this on 2 of my accounts with them.

Can someone please confirm that this is occurring on their side as well?
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December 22, 2017, 10:28:58 PM
 #93

Rigs show $58 and Dashboard shows $36

Is this how they are going to repay everyone??
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December 22, 2017, 10:32:25 PM
 #94

What's odd is the Statistic page does seem to be showing more accurate numbers. Hmm...
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December 22, 2017, 10:37:54 PM
 #95

How to received instruction email? I'm trying to log in but still not getting any luck to received email from NH , good to know that they are back online again hope everything went back to normal.

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December 23, 2017, 12:01:13 PM
 #96

With the lack of information about what really happened regarding the hack, I don't know how anyone can trust these guys right now.

Also to clarify, they said they will let you know what they are doing with old balances by Jan 31st, not that you would be paid your old balance by then.

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December 23, 2017, 12:11:12 PM
 #97

yes the site is up but lots of people are now saying its not good to mine there they will loose lots of miners because they put a higher
withdrawal rate it will plunged for sure, but what can i say i mine der before ,
although its nice but currently its not the best site to mine or place,
maybe lets just focus on other mining sites

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December 23, 2017, 01:56:11 PM
 #98

I hope NiceHash will crack down and crash again so i could get more profit from my rig... this service is a cancer for cryptocurrencies and mining.
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December 23, 2017, 02:07:03 PM
 #99

https://ahashpool.com/ there is a download link to an easy to use algo switching script on the main page and they auto converts to BTC.

Basically the same thing nicehash is doing for you, you just have to do a little bit of setup in the batch file to set your wallet, how often you want to check for a more profitable algo, and what algos you want to cycle through.  This script can be used with other auto exchange pools as well like http://zpool.ca/ with little effort.

It's not mine, but I've been using it for a few weeks making good rates on my GPU rigs.

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December 23, 2017, 06:05:18 PM
 #100

I wonder what percentage of the people will go back to this after what happened.

I already did. You may say why ? Because one of my rigs with modified bios and 6 x RX 570 series is doing 4950 h/s on Monero/Cryptonight algorithm. Paying 26.5 USD daily I guess one of the highest for such configuration and Monero is my favorite algorithm because it consumes less energy.

Same cards on Winminer were doing 3600 h/s or 17 USD daily, that is 270 USD more monthly with Nicehash. I would be stupid to not go back. I think they will not be hacked anymore and store all the coins in cold storage now.

The only thing I disagree is the same min payout, I would love to see 0.005 btc as min withdraw.

anyone who thinks like this noob does, is one stupidly naïve person. they didn't change much of anything. payout amount is the same, id bet all the funds go into a hot wallet still just waiting to get hacked again. so think they will not get hacked again is a stupid thing to think

Calling me noob is something stupid, having built more than 100 boards for many friends and not friends, lately I have done a successful bios modification also of one of the most problematic card and with Hynix memory. Why am I stupid, I make 0.011 btc weekly so max I can lose is one week of mining. I made 76 USD with Winminer in one week, while I am making about 160 USD within a week with Nicehash.

It is called risk taking and not stupid thinking.



Ignore him, he's a douche nozzle. Not worth the effort.
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December 23, 2017, 09:06:44 PM
 #101

Since last night I have noticed that the NH Client software is reporting much higher numbers than the dashboard. In some cases this is 15-20 bucks / day...

I'm seeing this on 2 of my accounts with them.

Can someone please confirm that this is occurring on their side as well?

 Probably their normal "wide swing" on payout as the market shifts.
 The miner is semi-realtime, the web page is a snapshot.


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December 25, 2017, 10:25:40 PM
 #102

Yeah it seems as that I am getting paid what I should it just seemed to me that before the dashboard seemed to be in better check with the miners.
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December 26, 2017, 01:22:39 AM
 #103

The numbers in the dashboard have NEVER seemed to have a consistant grasp of reality - always off quite a bit one way or the other compared to the "24 hour" or "12 hour" numbers.
I have ZERO idea where the dashboard and "projected" numbers come from - they seem to be about 50% random factor around the REAL numbers.




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December 26, 2017, 02:00:39 AM
 #104

I wonder what percentage of the people will go back to this after what happened.

I already did. You may say why ? Because one of my rigs with modified bios and 6 x RX 570 series is doing 4950 h/s on Monero/Cryptonight algorithm. Paying 26.5 USD daily I guess one of the highest for such configuration and Monero is my favorite algorithm because it consumes less energy.

Same cards on Winminer were doing 3600 h/s or 17 USD daily, that is 270 USD more monthly with Nicehash. I would be stupid to not go back. I think they will not be hacked anymore and store all the coins in cold storage now.

The only thing I disagree is the same min payout, I would love to see 0.005 btc as min withdraw.

anyone who thinks like this noob does, is one stupidly naïve person. they didn't change much of anything. payout amount is the same, id bet all the funds go into a hot wallet still just waiting to get hacked again. so think they will not get hacked again is a stupid thing to think

Calling me noob is something stupid, having built more than 100 boards for many friends and not friends, lately I have done a successful bios modification also of one of the most problematic card and with Hynix memory. Why am I stupid, I make 0.011 btc weekly so max I can lose is one week of mining. I made 76 USD with Winminer in one week, while I am making about 160 USD within a week with Nicehash.

It is called risk taking and not stupid thinking.



Ignore him, he's a douche nozzle. Not worth the effort.

It's possible to have this discussion without name calling.

I don't think the answer is black or white. With NH and pools in general, it's hard to see under the hood. At this point it's an issue of trust.
 NH lost $65 mil. How are they going to make that back with a smaller customer base?

No matter how attractive the returns are in rev. 2, I would think that securing your wallets would be the #1 mission critical focus. NH would be a lot more convincing if they hired an experienced operations guy from say coinbase, bittrex et al. This would indicate that they are serious. NH in a way illustrates the idea that people who start companies up, sometimes can't really be the people who run them. The effort to have a decent operation is underestimated.

 I guess to put it directly in terms of risk, I'm not convinced there will not be another operational screwup that wipes out any gains.
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December 26, 2017, 02:57:47 AM
 #105

Are they now paying to external wallet that above the threshold?
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December 26, 2017, 03:37:59 PM
 #106

From info I got nicehash is searching for investors to cover the lost of stolen btc...I hope all users will get their money back...

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December 26, 2017, 08:01:12 PM
 #107

How to received instruction email? I'm trying to log in but still not getting any luck to received email from NH , good to know that they are back online again hope everything went back to normal.

Im a former user and I still cant login. Says I need to check my email to reset my pw and no authorization emails are being sent to do so. (Of course I checked spam and they have always been white-listed)

Anyone else having login issues since their "return"? They owe me quite a few bucks and specifically said it would be paid back by Jan 30th. I guess we will see if they do right thing or its all PR.
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December 26, 2017, 08:30:03 PM
 #108

My guess is somehow given that Coinbase transactions are going to be free for the time being I would ASSUME that Coinbase may be contributing or investing as they stand to lose out considerably if NH doesn't continue their operations.

My rigs are back full time on NH and believe that this was just a security blunder. A massive one... And don't think I am not owned a few bucks that are in limbo.... My logic is they owned it and now are making lemonade so I will try to give them my resources in good faith and wait it out.
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December 26, 2017, 10:37:41 PM
 #109

Are they now paying to external wallet that above the threshold?

 Apparently not right now - and given how crazy-high transaction fees are right now, it actually makes some SENSE to hold off on the "once per week" balance payments - the transaction fee in some cases would bloody near EQUAL the transaction amount itself.

 This is USUAL for this time of year, transaction fees should start dropping anytime now and probably take 2 weeks to a month to get back down to "normal".

 This is also why I try to avoid buying stuff in December and early January with Bitcoin, the demand and number of transactions skyrockets causing high costs and LOTS of issues.


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December 28, 2017, 03:36:23 PM
 #110

Just reading article about nicehash company...they have new CEO and some small investor...they got 225.000€ more...still long way to cover their 65 milion loss...better start somewhere  Wink

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December 28, 2017, 03:46:43 PM
 #111

Just reading article about nicehash company...they have new CEO and some small investor...they got 225.000€ more...still long way to cover their 65 milion loss...better start somewhere  Wink

I would assume they will be taking their fees as they are back and running to start to get people''s funds back.  Gonna be a long road of recovery though unless they get some investors.  Hope the end result works out well for both the miners and for nh, I liked nh's service and would hate to see them dissappear.

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December 28, 2017, 03:53:07 PM
 #112

Now already ex-CEO Marko Kobal walked out also as owner (Bitorious). Sold his share (45%) to some small company Fleming digital d.o.o. with 100% ownership of Aljosa Sokic and some to his co-owner H-Bit d.o.o. whose owner is Martin Skorjanc - father of the notorious "hacker" Matjaz Skorjanc. This is that guy who was arrested and served time in the past for some cyber crime for which CIA was chasing him or something. New CEO was named Zdravko Poljasevic. Google says that he was/is a CEO of Kreativni najemi d.o.o. - company that imports, sells, rents luxurious cars in Slovenia.

Fleming digital spent 175.000€ to become 35% owner.
H-Bit spent additional 50.000€ to gain 10%. Now they have invested all together 325.000€ and are 65% owner.

This information is official.

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December 28, 2017, 04:28:21 PM
Last edit: December 28, 2017, 04:42:37 PM by antantti
 #113

Apparently not right now - and given how crazy-high transaction fees are right now, it actually makes some SENSE to hold off on the "once per week" balance payments - the transaction fee in some cases would bloody near EQUAL the transaction amount itself.

 This is USUAL for this time of year, transaction fees should start dropping anytime now and probably take 2 weeks to a month to get back down to "normal".

This is also why I try to avoid buying stuff in December and early January with Bitcoin, the demand and number of transactions skyrockets causing high costs and LOTS of issues.

And then some facts, median BTC transaction fees 2013-2017 (holiday season):

2013 $0.07
2014 $0.03
2015 $0.04
2016 $0.16
2017 $26

They wont get back to "normal" unless

1) Core is dumped, or
2) Core devs start delivering, I wouldn't hold my breath.

PS. I have said it before, Nicehash needs to contact Bitfinex (if they find a way how to do that). Bitfinex knows how to cover $60.000.000,00 of "stolen" funds in only 6 months.
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December 28, 2017, 08:15:45 PM
 #114

Seems odd that 2016 was supposedly that low, I distincly remember having to go quite a bit higher than "sub $1" on transaction fees a year ago.

 Definitely nowhere near the $25 ballpark I saw for my only "holiday period" transaction THIS YEAR though - think it was more like $5 and THAT seemed high at the time.


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December 29, 2017, 10:19:47 AM
 #115

Yesterday I withdraw from Nicehash but not yet received (over 24h), why nicehash not pay for miners?
I have stopped all the devices.
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January 10, 2018, 02:14:57 PM
 #116

How is now mining on nicehash? Profitabilites are good?
What are you expecting with the funds return and the future security?

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January 10, 2018, 02:28:50 PM
 #117

How is now mining on nicehash? Profitabilites are good?
What are you expecting with the funds return and the future security?

Let me ask my magic 8 ball.

Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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January 10, 2018, 09:02:31 PM
 #118

Just got a .01 payout today.

 Given my current issues with both Bittrex and Poloniex, I'm seriously considering moving ALL my hash back to Nicehash - they have LESS of my money held up at this point and at least an ESTIMATED timeframe for payout on it.


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January 10, 2018, 09:47:03 PM
 #119

I know people keep saying you're paying more in fees, but honestly, the fees are not high.  If you transfer to a coinbase account, there are not any fees other than the 2% that NH takes.

Comparing that to one of my rigs that is mining etn.  I'm paying 2% to the dev's to use xmr-stak, I'm paying 0.1% to SpacePool, I'm paying a fee when I transfer from my etn wallet to an exchange, I'm paying a fee to sell on the exchange, and I'm paying another fee to transfer from the exchange to coinbase.  Granted, some of those are very small fees, but they add up to more than 2%.

There is also the argument that you're losing out on profits in other ways, by using NH.  I agree that is the case sometimes.  There are cases when you mine a single coin for a couple of months and the value does a 2x or 3x or 10x or whatever.  

On the flip side, with NH, you're paying 2% flat and getting paid in BTC, which can go up or down in value just as easily.

And then there is the argument just maybe you shouldn't trust NH after the hack and that is a very valid one.  You can mitigate the risk by making sure you're withdrawing to coinbase as soon as your wallet hits 0.003btc.  I believe that is the min withdraw amount from a NH wallet anyway.

I certainly think beginners should be learning the ropes and learning how to mine singles and trade on some of the other exchanges outside of coin base, learn to manage other wallets, ect.  Coinbase and NH make it extremely easy to forget about all of that stuff, but knowledge is a powerful tool.  Look at all of the people who had no idea what to do when NH went down.  They had zero knowledge, no backup plan, nothing.

So use NH or don't use NH for whatever your reasons are, but no matter what, don't stop diving deeper and learning new things.  You'll thank yourself for it later.

 

Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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January 10, 2018, 10:19:38 PM
 #120

..........
So use NH or don't use NH for whatever your reasons are, but no matter what, don't stop diving deeper and learning new things.  You'll thank yourself for it later.
 

NH is a good place to start .... keep in mind that there is a HUGE surge of new miners since BTC went up. Few moths back everyone thought I was crazy but all of them are now want to know more about mining, trading, etc ...

As you said - keep learning and exploring new options ..... since you never know Cool
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January 10, 2018, 10:26:14 PM
 #121

NH is convenient and convenience is something you have to pay for in Crypto. While the fees may seem small, over time they do add up. If you're trying to learn how to mine I still highly suggest learning the ropes with actual configuration and voltage, etc. You'll 'learn' as well as you would with Nicehash and you make more over longer periods of time.

No matter how you mine, ALWAYS regularly withdraw your earnings and keep them on an address whose key you own. You never know what can happen to your funds if you don't actually own them.
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January 31, 2018, 02:46:42 PM
 #122

Are you still trusting nicehash after the hack.. For me i feel this is inside job that is why almost all miners balance are gone..
Much better to mine directly with script like claymore or any script provided by trusted members here without any problem

and i have a question, will u all return to mine from nicehash?
and will nicehash fullfill their promise at 31 januari 2018?
i have 0,029btc at there...

i think i'm will not mining there before they return my btc...
If its real better to wait on january 31 just to be sure they are still legit or not if they are paid you out well you are lucky to get your bitcoins back..
So any news on funds returning?

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January 31, 2018, 02:56:54 PM
 #123

No news.
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January 31, 2018, 02:58:16 PM
 #124

No news from the scammers yet lol?

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January 31, 2018, 03:57:14 PM
Last edit: January 31, 2018, 04:11:07 PM by draqsoru
 #125

"The Repayment program will start on Friday, February 2, 2018, and will initially reimburse 10% of the old balance amount to all users that were impacted by the security breach.
We are committed to periodically repay the remaining amount to all users in the coming months."
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January 31, 2018, 04:17:37 PM
 #126

"The Repayment program will start on Friday, February 2, 2018, and will initially reimburse 10% of the old balance amount to all users that were impacted by the security breach.
We are committed to periodically repay the remaining amount to all users in the coming months."

It's always best to include the source link:

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

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January 31, 2018, 04:22:18 PM
 #127

"The Repayment program will start on Friday, February 2, 2018, and will initially reimburse 10% of the old balance amount to all users that were impacted by the security breach.
We are committed to periodically repay the remaining amount to all users in the coming months."

It's always best to include the source link:

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

Checked out the repayment program - Here's what you're agreeing to:

Repayment program
×
By entering the NiceHash Repayment program you acknowledge that NiceHash will fully reimburse your old balance, without any interest, to your current balance in parts. You also agree with your old balance amount of 0.XXXXX BTC and once you enter the program NiceHash will not be able to change that amount.

Old balance will be reimbursed only in Bitcoin (BTC), without any interest, and not in the fiat value or any other cryptocurrency.

Enter repayment program

*Repayment program starts on Friday, February 2nd, 2018.
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.
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February 05, 2018, 04:31:20 PM
 #128

"The Repayment program will start on Friday, February 2, 2018, and will initially reimburse 10% of the old balance amount to all users that were impacted by the security breach.
We are committed to periodically repay the remaining amount to all users in the coming months."

It's always best to include the source link:

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

Checked out the repayment program - Here's what you're agreeing to:

Repayment program
×
By entering the NiceHash Repayment program you acknowledge that NiceHash will fully reimburse your old balance, without any interest, to your current balance in parts. You also agree with your old balance amount of 0.XXXXX BTC and once you enter the program NiceHash will not be able to change that amount.

Old balance will be reimbursed only in Bitcoin (BTC), without any interest, and not in the fiat value or any other cryptocurrency.

Enter repayment program

*Repayment program starts on Friday, February 2nd, 2018.
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.
I think you can be very happy if you get fully reimbursed (without interest). IMO it's hard that it will happen. Another hack is more probable.

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