Subscribe to Our Newsletter
Wednesday June 29, 2022
Bitcoin (BTC) $20,284.00   Ether (ETH) $1,148.20
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
No Result
View All Result
Easily Swap USDT (TRC20) & More
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
CryptoNinjas
Home Mining

Crypto-mining marketplace NiceHash repayment program more than halfway through

Published by CryptoNinjas.net
06/29/2018
Crypto-mining marketplace NiceHash to fully reimburse users after hack

NiceHash, one of the largest crypto-mining marketplaces announced it will do the sixth reimbursement of its Repayment program to all users on Monday, July 2, 2018. Users will receive 10% and this now marks the reimbursement of more than half of the funds – already 55% in total. NiceHash created the Repayment program for NiceHash internal wallet users and external wallet users that were affected by the security breach that happened in December 2017.

The Repayment program started on Friday, February 2, 2018, and 45% of the old balance amount was already reimbursed to all users that were impacted by the security breach. All users will be fully reimbursed, at the same time and under same conditions. Every new part of the reimbursement program will be announced in advance and users are able to monitor repayment progress.

If any user notices he had not received any respective payment, such user is asked to immediately notify NiceHash in order to receive such payment. The old balance will be repaid in Bitcoins (BTC) and not in the fiat value or any other cryptocurrency.

The Repayment program has some differences regarding the reimbursement to internal and to external wallets. Below is more detailed information and instructions for internal wallet users and external wallet users.

Repayment program for internal wallet users

Users that were registered on the NiceHash platform before December 6, 2017, can log in to their account and can see the old balance tab under the Wallet section on their Dashboard. The old balance shows the total amount of Bitcoins (BTC) that users had in their wallet address prior to the attack. Forty-five percent of the old balance was already reimbursed by NiceHash to users current balances, and the sixth repayment of ten percent will be executed on Monday, July 2, 2018. If you have missed the initial payment of ten percent in February, you will now get 55% of the old balance to your current balance by entering the repayment program.

Repayment program for external wallet users

Users who were not registered with NiceHash at the time of the attack and were using the NiceHash service with their external wallet address are also included in the Repayment program. External wallet users can go to the following page and enter their external wallet address (that they were using at the time of the attack) to see their old balance and monitor the repayment progress. NiceHash will reimburse ten percent of the old balance to external wallet users on Monday, July 2, 2018.

Forty-five percent of the old balance amount was already reimbursed under “Reimbursed pending”. Conditions for payment to external wallet addresses do apply to the Repayment program! When you reach 0.001 BTC you are eligible for payment. NiceHash is including your unpaid balance in this amount. For example, if your old balance (that is going to be reimbursed) is 0.0009 BTC, you still have to mine an additional 0.0001 BTC (showed as unpaid balance) to this external wallet address so you reach the payment threshold of 0.001 BTC in total (reimbursed pending + unpaid balance). Once the combined balance shows 0.001 BTC, payment will be made to your external wallet address. NiceHash will only reimburse the funds to the addresses that were in use at the time of the attack. NiceHash cannot repay to any other wallet address as we do not have a KYC process for external wallet users.

7
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

NiceHash Miner upgrade released with support for X16Rv2 algorithm

10/01/2019
NiceHash Miner upgrade released with support for X16Rv2 algorithm

NiceHash, a crypto-mining hash power broker, has announced that a new version of the NiceHash Miner software is now available for download via GitHub. This version brings the following changes: Added X16Rv2 algorithm Fixed...

Read more

MinerGate pools now fully compatible with NiceHash crypto-mining marketplace

09/05/2018
MinerGate pools now fully compatible with NiceHash crypto-mining marketplace

MinerGate, a multi-cryptocurrency mining pool for 11 major coins, including ETH, ZEC, XMR announced this week that its regular and VIP mining pools are now compatible with NiceHash Miner software. This means MinerGate users...

Read more

Crypto-mining marketplace NiceHash to fully reimburse users after hack

01/31/2018
Crypto-mining marketplace NiceHash to fully reimburse users after hack

NiceHash, a Slovenian based crypto-mining marketplaces announced today that they are 100% committed to reimbursing all users that were affected by the security breach that happened on December 6, 2017. NiceHash has created a...

Read more
Load More

Discussion about this post

Where to Exchange

Crypto services suite in Spanish Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
America's first regulated bitcoin exchange Visit
  • Trending
  • Latest
Polygon DAO integrates DiD service to prevent hostile takeovers and whales

Polygon DAO integrates decentralized ID service to prevent hostile takeovers and whales

06/22/2022
Blockchain data platform Chainalysis introduces 'Crypto Incident Response Program'

Blockchain data platform Chainalysis introduces ‘Crypto Incident Response Program’

06/22/2022
Crypto-gold exchange Vaultoro lowers fees, increases withdrawal limits

Crypto-gold exchange Vaultoro lowers fees, increases withdrawal limits

06/23/2022
CoinLoan integrates crypto analytics platform Elliptic to guard users from threats

CoinLoan integrates crypto analytics platform Elliptic to guard users from threats

06/23/2022
Crypto market data provider Kaiko raises $53M in Series B

Crypto market data provider Kaiko raises $53M in Series B

06/28/2022
NinjaTrader, Tradovate offering Nano Bitcoin futures from Coinbase Derivatives Exchange

NinjaTrader, Tradovate offering Nano Bitcoin futures from Coinbase Derivatives Exchange

06/27/2022
Fintech services platform Colendi acquires enterprise blockchain company SETL

Fintech services platform Colendi acquires enterprise blockchain company SETL

06/27/2022
Crypto-gold exchange Vaultoro lowers fees, increases withdrawal limits

Crypto-gold exchange Vaultoro lowers fees, increases withdrawal limits

06/23/2022
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy