Post
Topic
Board Mining (Altcoins)
Re: JUST RELEASED: UberMiner auto-mines the most profitable coin & pays in BitCoin
by
coinmaster2004
on 21/05/2018, 15:34:38 UTC
I guess you are aware of 60 million USD "lost" on nicehash.

I guess you're also aware of the fact that NiceHash repaid all of it's clients. They ate the cost of their mistake and continued operations better than ever after the fact. This is part of what gives them credibility; something that would normally tear a company down only built it up greater.

Would your miner/company be able to handle a problem of this magnitude?

Good point. The answer is that we operate in a completely different way:  UberMiner pays you immediately when your balance reaches 0.0025BTC. Unlike nicehash, your bitcoins are not held in our wallet but they are transferred immediately, without fees, in your personal bitcoin wallet.

So in the unlikely catastrophic event, your maximum loss will be 0.0025BTC.