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CryptoCurrency Discuss all CryptoCurrencies / coins and their use for personal or business purposes. Bitcoin (BTC) is possibly the best known but there are numerous crypto currencies, this is the forum to discuss them all.

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  #1  
Old 12-06-2017
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Default Nicehash got hacked

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

https://twitter.com/NiceHashMining/
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  #2  
Old 12-06-2017
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Default Re: Nicehash got hacked

Blimey

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  #3  
Old 12-06-2017
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Default Re: Nicehash got hacked

I have heard nicehash might have lost upwards of $40-50 million worth of coins. I lost .25 cents.
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  #4  
Old 12-06-2017
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Default Re: Nicehash got hacked

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

https://pbs.twimg.com/media/DQZBD6tUIAES7wW.jpg
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Old 12-06-2017
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Default Re: Nicehash got hacked

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

https://bitinfocharts.com/bitcoin/ad...h6H4t6jh1mB4rq
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  #6  
Old 12-08-2017
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Default Re: Nicehash got hacked

Last I heard they lost over $78 Million.
Anyone here invested with them?
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Old 12-08-2017
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Default Re: Nicehash got hacked

Quote:
Originally Posted by slokor View Post
Last I heard they lost over $78 Million.
Anyone here invested with them?
It was around $68 million value when it happened. I think now the value might be over $78m at current value.
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  #8  
Old 12-09-2017
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Default 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.
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  #9  
Old 12-09-2017
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Default 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...
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  #10  
Old 12-09-2017
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Default Re: Nicehash got hacked

Quote:
Originally Posted by duffrageous View Post
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.
I was thinking the same thing.
That is always a possibility and if so would be difficult to prove I suppose.
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  #11  
Old 12-09-2017
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Default 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.
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  #12  
Old 12-10-2017
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Default 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.
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  #13  
Old 12-10-2017
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Default 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...
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  #14  
Old 12-10-2017
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Default Re: Nicehash got hacked

I like how at the very bottom they didn't even leave a measly $132.17 behind! lol.
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Old 12-12-2017
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Default 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.
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  #16  
Old 12-12-2017
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Default Re: Nicehash got hacked

Quote:
Originally Posted by duffrageous View Post
Waiting for coinbase or a major exchange to be next. If it happened to coinbase, it probably wouldn't affect their growth much.
Most of coinbase's assets are in cold storage. Some small percentage is available for daily business otherwise money is safe.
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  #17  
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Default 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?
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  #18  
Old 12-12-2017
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Default Re: Nicehash got hacked

Quote:
Originally Posted by duffrageous View Post
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?
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...
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  #19  
Old 12-12-2017
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Default Re: Nicehash got hacked

Quote:
Originally Posted by Play View Post
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...
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.
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  #20  
Old 12-13-2017
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Default Re: Nicehash got hacked

Quote:
Originally Posted by newjerseymax View Post
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.
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/
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  #21  
Old 12-13-2017
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Default 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/
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Old 06-25-2018
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Default Re: Nicehash got hacked

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

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