nicehash has been down all day..

hat · Dec 7, 2017

So you could use minergate to deposit into a shape shift.io wallet and go from there? Considering some form of wallet other than an online wallet. Probably not a good idea to keep everything on coinbase either (which is where my nicehash payments were going).

Looking forward to your guide RTB. I hope you'll include something about different types of offline wallets, including those hardware wallets and... Paper (how the shit does that work)

R-T-B · Dec 7, 2017

I'm surprisingly out of date with regards to hardware wallets, but good ol' paper is easy, secure, and will be covered.

shapeshift.io is not a wallet, just exchanges one currency for another with a reusable address. Coinbase is actually a reasonably secure option as far as far as web wallets go. Just use it until I post the guide.

trog100 · Dec 7, 2017

my minergate progress or lack of it.. my two 1070 card desktop rig.. mining for maybe 10 hours.. both cards are working hard and looking like they should do..

it only seems to have produced a bout 1/10 of one dollar in this time.. or am i reading things wrong. ??

trog

R-T-B said:
I'm surprisingly out of date with regards to hardware wallets, but good ol' paper is easy, secure, and will be covered.

shapeshift.io is not a wallet, just exchanges one currency for another with a reusable address. Coinbase is actually a reasonably secure option as far as far as web wallets go. Just use it until I post the guide.

i spent 250 dollars or so on a ledger blue touch screen hardware wallet a couple of weeks back.. i had just not got around to setting it up and moving my NH wallet contents on to it.. another ouch..

trog

bitcoin is now over 15000.. my heartache gets worse.. he he..

my Nicehash wallet would be around 5K now sob sob..

trog

dorsetknob · Dec 7, 2017

trog100 said:
my Nicehash wallet would be around 5K now sob sob..

Easy come even easier to go
Hope you get to recover something tho i don't hold out much hope

trog100 · Dec 7, 2017

dorsetknob said:
Easy come even easier to go
Hope you get to recover something tho i don't hold out much hope

i used to get a kick out of watching bitcoin go up.. now mine has been nicked its just like rubbing salt in a wound.. he he

trog

more minergate stuff.. both rigs running now.. 1070 x 8 and 1070 x 2... mining ether..

i still havnt a clue how much they are making though or what i need to be looking for....

trog

Mindweaver · Dec 7, 2017

trog100 said:
more minergate stuff.. both rigs running now.. 1070 x 8 and 1070 x 2... mining ether..

i still havnt a clue how much they are making though or what i need to be looking for....

trog

I believe if you use the console version over the GUI version you'll do better. I believe I read that from @R-T-B on another mining thread.

Seba_82 · Dec 7, 2017

https://www.techpowerup.com/239488/...ehash-hacked-usd-68m-routed-from-user-wallets

Papahyooie · Dec 7, 2017

@trog100

It's pool mining, as I said above. You get paid out of the pool once the pool finishes an entire block.

If you want to know how much you're making, and be 100% certain of it, use PPS payment plan (though you'll make less, as I think you don't share in the block reward that way.) Otherwise, just do the math... what's your hashrate, and what's the value of ETH at the moment... that's all you need to find out.

trog100 · Dec 7, 2017

Papahyooie said:
@trog100

It's pool mining, as I said above. You get paid out of the pool once the pool finishes an entire block.

If you want to know how much you're making, and be 100% certain of it, use PPS payment plan (though you'll make less, as I think you don't share in the block reward that way.) Otherwise, just do the math... what's your hashrate, and what's the value of ETH at the moment... that's all you need to find out.

thanks for you help... i recon i have just about figured it out.. it goes up in jumps or confirmed block as you say..

an example here..

account balance 14:17 = 3.65993464 usd

account balance 15:40 6.30122664 usd

at 15:30 it was still on the 3 dollar figure..

the calculater thingy for my 10 cards (300 mhs) shows about 1.5 dollars per hour or 37 dollars per day.. or about 1000 dollars per month..

i need to run it a while to check it out for real but fingers crossed its looking good.. i am not pissing about just running ether on the gpus..

i have a ledger blue wallet.. i need to set it up and start moving stuff to it on a regular basis..

bitcoin is still going mad its now over 16K.. i might be right about the bitcoin black hole sucking everything up.. he he

trog

phill · Dec 7, 2017

I can't believe the amount it's gone up today, but I suppose supply and demand?? 4700 coins gone, so people will pay more for the coin as there's less of them?? Am I right in thinking that??

R-T-B · Dec 7, 2017

phill said:
I can't believe the amount it's gone up today, but I suppose supply and demand?? 4700 coins gone, so people will pay more for the coin as there's less of them?? Am I right in thinking that??

Pretty much. Mining is seriously hurting right now, people still buy coin.

Kinda dispels the myth that the miners just shuffle the coins amongst themselves, doesn't it?

Space Lynx · Dec 7, 2017

Once governments start cracking down on Bitcoin I think the ANON currencies will skyrocket, Monero, zcash, etc.

Thoughts?

https://www.usatoday.com/story/mone...they-get-too-big-warns-jamie-dimon/692377001/

R-T-B · Dec 7, 2017

lynx29 said:
Once governments start cracking down on Bitcoin I think the ANON currencies will skyrocket, Monero, zcash, etc.

Thoughts?

https://www.usatoday.com/story/mone...they-get-too-big-warns-jamie-dimon/692377001/

Governments aren't going to start cracking down on bitcoin and even if they did, anon currencies would be illegalized as well as a matter of course, plummeting their value.

trog100 · Dec 7, 2017

phill said:
I can't believe the amount it's gone up today, but I suppose supply and demand?? 4700 coins gone, so people will pay more for the coin as there's less of them?? Am I right in thinking that??

i dont think the nicehash story has even been noticed excepted for the likes of us who were connected with it.... he he

why bitcoin has gone so mad is a mystery.. its going up too f-cking quick for its own good.. something has to happen..

trog

Space Lynx · Dec 7, 2017

R-T-B said:
Governments aren't going to start cracking down on bitcoin and even if they did, anon currencies would be illegalized as well as a matter of course, plummeting their value.

Didn't China already ban all exchanges?

R-T-B · Dec 7, 2017

lynx29 said:
Didn't China already ban all exchanges?

No, they banned ICOs and made some hostile moves, but a complete ban has yet to happen IIRC.

Space Lynx · Dec 7, 2017

R-T-B said:
No, they banned ICOs and made some hostile moves, but a complete ban has yet to happen IIRC.

Interesting. Will be neat to see what happens in a few years, I think think governments will implement full bans on exchanges within their nation-state borders, but I am not sure even that will be enough to stop it, because well, offshore banks, etc.

trog100 · Dec 7, 2017

we live in "interesting" times..

trog

phill · Dec 7, 2017

I'm getting a little nervous considering it's gone up another £4k in a day or so.. I'm a little worried to loose whatever my mate and I have made. I don't want to lose it all because it's a mass of cash..

dozenfury · Dec 7, 2017

For those looking for NH alternatives, direct mining outside of the automated pools like Nicehash or Minergate will be a bit more profitable and have lower fees. There is some setup involved, but honestly it's pretty minimal. Setting up a wallet is easy, and most mining programs have example batch files where you don't have to do much more than plug in your wallet and go. And there are some fairly inexpensive mining programs like AwesomeMiner or others that can even automate that, and they can be setup to do coin profit switching. That's really all those automated pools do and they take a larger cut for the convenience. My earnings are a good 10-15% higher going direct on the same hardware vs. an automated pool, which makes you wonder if some of those automated pools skim a bit in addition to their higher fees (usually 3% or higher compared to 1% for most standard pools).

Outback Bronze · Dec 7, 2017

If you log onto Facebook you can watch a live stream with the CEO talking about what happened.

Just went live not long ago

He basically said he wants help to find the hacker/s

Space Lynx · Dec 7, 2017

trog100 said:
we live in "interesting" times..

trog

Don't worry Trog, we can snuggle eachother and our bitterness on missing out on the gold rush of the 21st century will wither away with each snuggle and puppy face we make at eachother. Cheer up mate

LOL

fullinfusion · Dec 7, 2017

And my posts are being deleted :wtf:

What was wrong with a comment about a possible government hack?

PM me MOD and explain why :confused:

trog100 · Dec 7, 2017

Outback Bronze said:
If you log onto Facebook you can watch a live stream with the CEO talking about what happened.

Just went live not long ago

He basically said he wants help to find the hacker/s

yes i just watched it.. they say they want to get up and running again.. techically i dont see hackers stealing my money i see hackers stealing nicehashes money..

the way i see it legally nicehash still owe me money and will claim they cannot pay me because the money they were going to pay me with has been stolen.. i dont see how they can get back up and running again if they still owe people loads of money..

they did use the words.. help us get your money back.. help them get their money back would be more correct.. least i think it would..

the way i think it works is.. nice keep a load of bitcoin online.. the likes of me have a wallet address.. every day (morning) nicehash moves money from its central stash to individual users wallets.. it takes up to two hours each day for them to finish doing this..

what seems to have happened is hackers got into the system about 1 am.. they then moved all the money intended for the next mornings payout into their own wallet address..

all very neat and seemingly too f-cking easy..

trog

fullinfusion · Dec 7, 2017

trog100 said:
yes i just watched it.. they say they want to get up and running again.. techically i dont see hackers stealing my money i see hackers stealing nicehashes money..

the way i see it legally nicehash still owe me money and will claim they cannot pay me because the money they were going to pay me with has been stolen.. i dont see how they can get back up and running again if they still owe people loads of money..

they did use the words.. help us get your money back.. help them get their money back would be more correct.. least i think it would..

trog

like they will care, the government don't want this currency... nor the authorities care...

That's my freedom of speech and my opinion.. but I do feel for the ppl that lost cash, really I do care. It's not fair but it happens sadly

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nicehash has been down all day..

hat

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