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Comment by mizzack | Hacker News Reader

Even though I lost ~$500 here and I'm sure others lost many more, the biggest bummer here is that NiceHash is/was a great idea and service that will be forever tarnished.

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The fact that anyone still trusts Bitcoin services after all of the hacks still floors me.

It's a nature of their payout structure caused by high bitcoin tx fees. Payout happens in rounds.

I didn't lose a penny of cash as a seller, but hash buyers did.

Depending on whether you used their internal wallet (which they heavily incentivised), sellers might have lost their earnings in BTC from selling their hashpower.

Same thought here, there are millions and millions lost every week

Yeah same here I lost about a week worth of mining since Friday was their payout day. Thankfully i used my own wallet for payout so the damage is limited.

Your rig is bigger than mine. Have been mining on and off for two months on my 1080TI to my own address (mainly overnight as days have been hot in Australia) and was just moments away from reaching the 0.01BTC payout threshold.

Glad I didn't trust them to use their wallet system - those are the ones who'd really get burned by this, if NH can't recover.

They really need to lower the minimum payout limit, or set that you can pay out e.g. every two weeks.

Same here, I had about 0.008 'saved' - kinda irritating. On the other hand, the profitable mining algorithms didn't really change much for me (cryptonight, kekkak, lyra2re), so you'd be better off just doing it on your own and then trading on an exchange. I'm not sure which coins exactly were being mined, but you can check here: http://whattomine.com

Cheers; having a go of AwesomeMiner now and numbers are looking good. Pretty sure they'll claim somehow that the money they hadn't paid me is not their responsibility and if that happens there's no way I'm going back to NH.

~$120 here. I will stick with mining Zcash now.

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