Nicehash Hacked

It was a little over 4600 bitcoin in total stolen, the 62 million in fiat lost at the time is a drop in the ocean, but it will ruin the company, I started mining a week ago with nice hash as it was easy to get started with, I lost .009 bitcoin almost enough for a payout, but from that I learnt what my system will mine for most profitability.

I'm the process of setting up dedicated miners and wallets that pay instantly into my wallets. In the end I will be better off, but still, there was people with a fair amount held in their nicehash wallets.

The main lesson here though is don't leave your crypto sitting in the exchanges, or in the pools wallets, get it in cold wallets asap, more will get hacked as there is so much profit to be made with complete anonymity.

It's quite easy to find the wallet the bitcoin went to but who owns it????
 
Last edited:
Brad_886 said:
The main lesson here though is don't leave your crypto sitting on the exchanges and in the pools wallets, get it in cold wallets asap, more will get hacked as there is so much profit to be made with complete anonymity.

It's quite easy to find the wallet the bitcoin went to but who owns it????
Click to expand...

Yep, it is a hard to learn lesson but it sure pay's it's way in the future for your personal Crypto practices once you lose a few K here and there by getting fucked over by an exchange.

It is quite easy to find the Wallet all that BTC went to, but doing anything about it is another thing entirely. And that right there is a statement for the whole of the Fiat system compared to that of the Crypto system.
How does the .Gov expect to be able to control crypto's other than outlawing the whole lot ? 10th/12/2017 BTC enters the mainstream fiat system with Futures trading and yet even then it is uncertain that they will be able to have any control at all. Paper Gold and silver are all well and good for them but Paper BTC, ETH, LTC etc might not work so well for them at all.
 
If you can, keep your bitcoin in your own private wallets. I know its harder than keeping it at an exchange but if you want to hold a long position with it then keep it in your own wallet on a computer you trust.
 
silverjerry said:
If you can, keep your bitcoin in your own private wallets. I know its harder than keeping it at an exchange but if you want to hold a long position with it then keep it in your own wallet on a computer you trust.
Click to expand...

Not many people keep their bitcoin on an exchange. Mostly just traders usually trading in alt coins

To be truly safe a keep your wallet on a hard drive that is offline, or even better just keep your private keys in a safe place and delete all wallets and completely wipe the computer and do a fresh install of windows....
 
I'm confused by this stuff
Making $ out of thin air
Then a bunch of computer wizards steal millions from "who"
How many times has this happened before ?
I'm sticking to the shiny stuff
 
spannermonkey said:
I'm confused by this stuff
Making $ out of thin air
Then a bunch of computer wizards steal millions from "who"
How many times has this happened before ?
I'm sticking to the shiny stuff
Click to expand...

Stealing bitcoins is like stealing cash. You gotta break into the place and take it somehow. You can't just steal bitcoins by being creative on your computer the same way someone can't steal your cash/gold/silver by imagining it. Digital cash is like real cash and the way people steal bitcoins online is just like how some thieves are creative into breaking into banks or peoples homes.

Criticizing hacks like nicehash as "bitcoin is magic" is like thinking jeff down the road who tells his council mates about all the silver buried in his backyard and has it all stolen makes silver insecure. Any site that gets hacked has made mistakes simple as that. Just like most people who lose their gold/silver in robberies.
 
Last edited:
we really need to get a super strong magnet to be delivered to the exchange that can terminate that pc
powerful enough to pull a truck from the road into the shop
 
alor said:
we really need to get a super strong magnet to be delivered to the exchange that can terminate that pc
powerful enough to pull a truck from the road into the shop
Click to expand...
I loved his gold glasses from that scene, might have to have a breaking bad binge again some time soon
 
silverjerry said:
Stealing bitcoins is like stealing cash. You gotta break into the place and take it somehow. You can't just steal bitcoins by being creative on your computer the same way someone can't steal your cash/gold/silver by imagining it. Digital cash is like real cash and the way people steal bitcoins online is just like how some thieves are creative into breaking into banks or peoples homes.

Criticizing hacks like nicehash as "bitcoin is magic" is like thinking jeff down the road who tells his council mates about all the silver buried in his backyard and has it all stolen makes silver insecure. Any site that gets hacked has made mistakes simple as that. Just like most people who lose their gold/silver in robberies.
Click to expand...

:eek:
 
Nicehash is just a could mining service. It's not an exchange.

They mine coins on behalf of users and then people withdraw them to their own private wallets, or let them accumulate on the Nicehash server(s) until they collect enough coins to justify the transfer fees (esp for Bitcoin). Like any business they can be hacked.
 
Nice hash was not just cloud mining but a mining software provider which paid out every 3 to 4 weeks the total amount of what your conputer had mined in that time, 1 click mining...

It was the best one at the time....
 
Nicehash is back guys and paying back its members what was lost in January the 31st i think
 
You must log in or register to reply here.
Back
Top