Post
Topic
Board Mining (Altcoins)
Re: NICEHASH confirmed - hacked - Any legit alternatives?
by
gotminer
on 07/12/2017, 19:55:40 UTC
Very sad day indeed , I was one of those lazy miners , I was introduced to Nicehash back in June , I have not looked back since , thankfully I have cashed out every Friday....this Friday will be the first Friday I have not cashed out !!!!

I guess I have to get real or sell my kit !! thankfully not a bad time to be selling hardware due to the price of BTC going through the roof Smiley

Maybe jump back in when a real lazy style alternative shows up.

Nicehash is dead in the water , anyone hold their breath for it come back online anytime soon , is likely to run out of breath !!! but I shall holds out until Monday and see what happens!

I hope it won't come back online, and if it does, only a lazy retard would do mining there to get scammed once again Grin

When Bitcoin price surges, human nature shows itself, always the same excuse "oh dear, I've been somehow hacked", lies and more lies, but don't worry, Lambos are unworthy in hell.  Grin

Well ... I was getting more than $6/day per RX Vega 56 with NH when BTC was around 15K.  Now it seems I'll be lucky to get $4/day per card mining Monero with XMR-STAK (1800ish h/s per card).  I'm not sure why so many people are saying their profits have increased substantially due to a decrease in difficulty.  If that's the case, what am I missing?

Because everyone and their mother bought out all the VEGA's to mine along with you...  People smell profit and then devour quickly.

I said that people are saying their profits have increased due to the difficulty level decrease that having NH out of the picture has created.  That has nothing to do with what anyone is mining with.  The night before NH went down, I was hitting about 6.50/day per card with them.  When they went down, people started saying they were seeing record profits because NH was down, so difficulty had decreased with all of those NH users not mining.  I tried switching to XMR-STAK.  NH was paying more per card to mine Cryptonight than a mining pool with XMR-STAK mining Monero straight up.  All of that while difficulty is supposedly down?

They weren't mining XMR with cryptonight algo on Nicehash.

What were they mining using the cryptonight algo then?