I wonder what percentage of the people will go back to this after what happened.
I already did. You may say why ? Because one of my rigs with modified bios and 6 x RX 570 series is doing 4950 h/s on Monero/Cryptonight algorithm. Paying 26.5 USD daily I guess one of the highest for such configuration and Monero is my favorite algorithm because it consumes less energy.
Same cards on Winminer were doing 3600 h/s or 17 USD daily, that is 270 USD more monthly with Nicehash. I would be stupid to not go back. I think they will not be hacked anymore and store all the coins in cold storage now.
The only thing I disagree is the same min payout, I would love to see 0.005 btc as min withdraw.
anyone who thinks like this noob does, is one stupidly naïve person. they didn't change much of anything. payout amount is the same, id bet all the funds go into a hot wallet still just waiting to get hacked again. so think they will not get hacked again is a stupid thing to think
Calling me noob is something stupid, having built more than 100 boards for many friends and not friends, lately I have done a successful bios modification also of one of the most problematic card and with Hynix memory. Why am I stupid, I make 0.011 btc weekly so max I can lose is one week of mining. I made 76 USD with Winminer in one week, while I am making about 160 USD within a week with Nicehash.
It is called risk taking and not stupid thinking.
Ignore him, he's a douche nozzle. Not worth the effort.
It's possible to have this discussion without name calling.
I don't think the answer is black or white. With NH and pools in general, it's hard to see under the hood. At this point it's an issue of trust.
NH lost $65 mil. How are they going to make that back with a smaller customer base?
No matter how attractive the returns are in rev. 2, I would think that securing your wallets would be the #1 mission critical focus. NH would be a lot more convincing if they hired an experienced operations guy from say coinbase, bittrex et al. This would indicate that they are serious. NH in a way illustrates the idea that people who start companies up, sometimes can't really be the people who run them. The effort to have a decent operation is underestimated.
I guess to put it directly in terms of risk, I'm not convinced there will not be another operational screwup that wipes out any gains.