NiceHash Website Is Back

in #nicehash7 years ago (edited)

A quick note before I write a detailed report later today.

  • NiceHash site is back online with full functionality
  • there is a new version of the new miner - V2.0.1.5 Beta
  • old balance is shown on the dashboard; it is said that it will be reimbursed by January 31st 2018
  • mining is not working, at least not for me; miner can't find any pools
  • passwords were reset
  • 2FA is strongly recommended

For your convenience and for history I bring you the content of explanation screens. Do read them!


The security breach: what happened?

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As has been widely reported, NiceHash’s security system was breached in a sophisticated attack in the early morning of 6 December. Our payment system was compromised and the entire contents of the NiceHash bitcoin wallet were stolen – around 4,700 BTC. Our investigation to determine the nature of the attack and its impact is ongoing, with the support of police investigators and a cyber forensic team, and while we want to be as open and transparent as we can, for obvious reasons we can’t provide all the details of the breach. We are very sorry for any inconvenience that the hack may have caused and have committed every resource in response to the issue since we became aware we had been victims of the security breach.

Our investigation to determine the nature of the attack and its impact is ongoing, with the support of police investigators and a cyber forensic team, and while we want to be as open and transparent as we can, for obvious reasons we can’t provide all the details of the breach.

We are very sorry for any inconvenience that the hack may have caused and have committed every resource in response to the issue since we became aware we had been victims of the security breach.


How are you going to prevent such events in the future?

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We have taken a number of specific measures to make the system safer. We have redesigned our payment system and thoroughly revised and upgraded security procedures from the ground up. The redesigned payment system is now handled with extra security measures - dual channel approach with manual creation and manual confirmation of every transaction that leaves our system. Withdrawals are manually confirmed once per day at 12:00 AM CET.


Why is my current balance 0?

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Following the security breach, all funds held in the NiceHash bitcoin wallet were stolen. On our new dashboard we have sought to show both the old balance, and the current balance.


How will you restore my old balance?

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Now that the site is back online, you are free to lease, mine and make money once more. Our community is very important to us and given the loyalty of our users, we want to make sure that everyone is fully reimbursed after what happened. This has been under discussion since the day of the hack. We have now been able to reserve the funds required to restore balances from a group of international investors in our business. The exact date of reimbursement for old balances will be announced by January 31, 2018. We need this interim period to ensure all legal paperwork is processed correctly, so please be patient while we do this. Please also note that balances lower than 0.0001 BTC will be written off; apologies for any inconvenience. We have considered a number of ways to help our community to cover the stolen funds and we feel that this is the most appropriate way to ensure that everyone is back in business as soon as possible.


What happened to balances that were deposited after the breach?

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All funds that were deposited after the breach should be safe. Those funds will be automatically sent back to your address.


Where can I get additional help or ask more questions?

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Please submit a support ticket or send us an email to support@nicehash.com. Please do keep in mind that we are facing and increased volume of requests at this time, for obvious reasons, and it will take us longer than usual to respond. We are committed to answering all of your questions, so please be patient.


More later today...


NiceHash Saga So Far

Previous articles:

  1. Nicehash Is Coming Back Today
  2. NiceHash Development - New Announcement, Address Where Stole BTC Are Right Now
  3. NiceHash In Major Slovenian Newspapers
  4. NiceHash Security Breach - Video Update From NiceHash Team
  5. NiceHash Service Unavailable - Security Breach - NiceHash Bitcoin Wallet Empty
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Pools are working now.

It's mining!

I hope for them that they‘ll get some trust from robbed users again. I‘ll be at the fence at first and waiting for a real sign of payback. Many of us found out that it isn‘t so hard to run automatic and more profitable mining at other mining pools...

Can you share with us which are these other mining pools? Thanks!

I switched to Miningpoolhub and created an auto algo switching .bat script (for 9 algos). They offer also an automatic coin exchange service and free choice of the auto withdraw treshold. The 0.9% fee for the pool is very low too. So I‘m very happy with my solution atm.

Thanks for letting us know. Good luck with mining and withdrawals :)

I tried out nanopool with good success as well.

http://www.zpool.ca is another great pool where you have coin switching for each algo and it is anonymous. the fee is higher and payout only in BTC

Great suggestion, thanks a lot!