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Nicehash got hacked
 

you can kiss all of your nicehash profits goodbye, nicehash was hacked today.

https://twitter.com/NiceHashMining/

Re: Nicehash got hacked
 

Blimey

:mad:

Re: Nicehash got hacked
 

I have heard nicehash might have lost upwards of $40-50 million worth of coins. I lost .25 cents.

Re: Nicehash got hacked
 

Here is a picture of all nicehash's coins being stolen

https://pbs.twimg.com/media/DQZBD6tUIAES7wW.jpg

Re: Nicehash got hacked
 

wallet address, it has about 64 million worth in bitcoin, btc

https://bitinfocharts.com/bitcoin/ad...h6H4t6jh1mB4rq

Re: Nicehash got hacked
 

Last I heard they lost over $78 Million.
Anyone here invested with them?

Re: Nicehash got hacked
 

It was around $68 million value when it happened. I think now the value might be over $78m at current value.

Re: Nicehash got hacked
 

A friend suggested that it was just the owners lining their own pockets. I don't care to make a judgement either way, but I hope they release details of the hack to prevent it from happening again.

Re: Nicehash got hacked
 

This hack worked out for those of us that set up our own miners to run algo's. There has been a lot less hash power out there to compete with as miners that dont know how to mine without nice hash try to figure out what to do.

I've been making $45-50 a day running cryptonight algo mining ETN. I've been watching the hash power slowly rise back up as these nice hash miners find there way back into regular pool mining.

Hopefully today will be another $50 day...

Re: Nicehash got hacked
 

I was thinking the same thing.
That is always a possibility and if so would be difficult to prove I suppose.

Re: Nicehash got hacked
 

Technically you should never ever keep anything on third party platform. Earnings should always be cashed out right away.

Its like handing a stranger money and tell him to hold onto it. Cashout always to wallet. Tons of good examples out there why you should never hold your coins at a third party platform site.

Re: Nicehash got hacked
 

There are so many wallets to use

1. Blockchain.io
2. Jaxx Wallet
3. Electrum wallet
4. Bread Wallet

I would use blockchain.io for BTC and Jaxx for alt crypto. If the blockchain goes down. Then BTC would be worthless.

Re: Nicehash got hacked
 

Cold storage and offline wallets - why anyone would leave anything more than a coin on any online wallets for the long term is just plain stupidity.

Nicehash had what, daily or weekly payouts anyway right? Why anyone would keep the money there and not disperse it automatically is also baffling...

Re: Nicehash got hacked
 

I like how at the very bottom they didn't even leave a measly $132.17 behind! lol.

Re: Nicehash got hacked
 

Waiting for coinbase or a major exchange to be next. If it happened to coinbase, it probably wouldn't affect their growth much.

Re: Nicehash got hacked
 

Most of coinbase's assets are in cold storage. Some small percentage is available for daily business otherwise money is safe.

Re: Nicehash got hacked
 

Aren't all their assets on Gdax? When someone puts in a buy order or sell order, isn't it moved to Gdax and then filled?

Re: Nicehash got hacked
 

That's if you choose to move your funds over to GDAX - their exchange platform.

Otherwise you can store it in your coinbase wallet.

You can even manually transfer all your funds into coinbase vault - cold storage. (Google for more info).

But if you're a long term investor, i'd strongly suggest holding around 50% in a hardware wallet like Trezor, and the other 50% in a cold storage.

I say 50/50 because I've read an article where a chap forgot his Trezor pin... :shocked:

Re: Nicehash got hacked
 

I read that article too. He eventually got it unlocked due to security flaw update and he has not updated software. He was able to use the announced weakness to get in. Took him months from my understanding.

Re: Nicehash got hacked
 

He was very lucky to have got his money back, by doing something that could of inadvertently erased his trezor (and therefore Bitcoins).

If anyone is interested in giving it a read...
‘I Forgot My PIN’: An Epic Tale of Losing $30,000 in Bitcoin
https://www.wired.com/story/i-forgot...00-in-bitcoin/

Re: Nicehash got hacked
 

Looks like coinbase sources their coins from other customers like an exchange, GDAX, other exchanges, and whatever vault they have. There is still a fair amount of coins that someone could get access to that are online for a period of time.
https://www.reddit.com/r/Bitcoin/com...nbase_get_the/

Re: Nicehash got hacked
 

wallet address, it has about 64 million worth in bitcoin, btc

https://bitinfocharts.com/bitcoin/ad...h6H4t6jh1mB4rq