Nicehash For Mac

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NiceHash will never ask or use your private keys, but we cannot guarantee the same for the 3rd party miners included in NHM now or any time in the future. Add an exception to Windows Defender for the NiceHash Miner folder (after you unzip the package). Check out the Wiki for instructions on getting started, upgrading, troubleshooting, and more. To mine Bitcoin on a Mac you’ll need a wallet with a wallet address. Refer to the Tuts+ tutorial that teaches how to set up the wallet service MultiBit. I also like MultiBit and suggest you download it from the MultiBit website. It is simple to set up but if you have any difficulties check out the tutorial. You also need a Mac with a discrete. NiceHash will never ask or use your private keys, but we cannot guarantee the same for the 3rd party miners included in NHM now or any time in the future. Add an exception to Windows Defender for the NiceHash Miner folder (where you unzip the package).

NiceHash
Type of businessPrivate
Marketplace
Headquarters
Area servedWorldwide
IndustryInternet
ServicesCryptocurrency
Websitewww.nicehash.com
Alexa rank 2,349 (Global, May 2018)[1]
RegistrationOptional
Launched2014; 5 years ago
Current statusOnline

NiceHash is a Slovenian cryptocurrencyhash power broker with integrated marketplace that connects sellers of hashing power (miners) with buyers of hashing power using the sharing economy approach. The company was founded by Marko Kobal and Matjaž Škorjanc in 2014. USD$64 million were stolen from the company's customers in December 2017.[2][3] In the aftermath the company decided to return the stolen funds through the Repayment program. 71% of the old funds was already reimbursed by January 2019. Their headquarters are based in Ljubljana, Slovenia.[4][5]

Buyers rent computing (hashing) power through NiceHash's online platform. Sellers provide hashing power by connecting to the NiceHash marketplace with NiceHash's own mining software.

  • 1Business model

Business model[edit]

Hashing power buyers[edit]

Buyers select the crypto-currency that they want to mine, a pool on which they want to mine, set the price that they are willing to pay for it, and place the order. Once the order is fulfilled by miners who are running NiceHash Miner on their machines, buyer gets the crypto-currency from the pool. This means that buyers aren't required to run complex mining operations themselves, and there is no capital investment in mining hardware required.

Hashing power sellers (miners)[edit]

Sellers or miners have to run NiceHash Miner software and connect their mining hardware or just regular PCs to NiceHash stratum servers[6] and to the buyer's order. Their hashing power is forwarded to the pool that the buyer has chosen for mining. For each valid share they submit, they get paid in bitcoins[7] for the price that is determined by the current weighted average[8] and refreshed each minute. This is all done automatically and the process does not require complex technical skills.

In return for providing this service, NiceHash takes a percentage or a fee from each group (buyers and sellers).[9]

Service disruptions[edit]

On December 6, 2017, approximately 4,700 Bitcoins (US$64 million at the time of the hack) were stolen from NiceHash allegedly by a spear phishing attack.[10] Due to the open and transparent nature of the blockchain, the security breach received an influx of attention as the stolen sum and movement of bitcoins were visible to anyone on the internet.[11]

On December 21, 2017, Marko Kobal resigned as the CEO of NiceHash.[12] On that day, the company also re-opened their marketplace after the December 6th hack.[citation needed] NiceHash has decided to reimburse the affected users through the Repayment program. 71% of the old funds was already reimbursed by January 2019.

Controversies[edit]

NiceHash's founder Matjaž Škorjanc is a creator of malware Mariposa botnet, which infected over 1 million computers with Butterfly (mariposa in Spanish) Bot. The goal of Butterfly Bot was to install itself on an uninfected PC, monitoring activity for passwords, bank credentials and credit cards. Slovenian police arrested Matjaž on charges of distributing the malware in 2010. Matjaž was found guilty and had served four years and ten months in a Slovenian prison. On June 5, 2019, US law enforcement opened a case in the operations of the Mariposa (Butterfly Bot, BFBOT) malware gang.[13] FBI has moved forward with new charges and arrest warrants against four suspects including Matjaž Škorjanc.[14]

References[edit]

  1. ^'NiceHash.com Site Overview'. Alexa Internet. Retrieved 20 May 2018.
  2. ^Browne, Ryan (7 December 2017). 'More than $60 million worth of bitcoin potentially stolen after hack on cryptocurrency site'.
  3. ^Russell, Jon. 'Bitcoin mining marketplace NiceHash loses tens of millions of dollars following hack'.
  4. ^'About NiceHash'. NiceHash.
  5. ^Lee, Dave (8 December 2017). 'Millions 'stolen' in bitcoin heist' – via www.bbc.com.
  6. ^'Which Stratum servers are available? - Mining on NiceHash'. NiceHash. Retrieved 2017-12-29.
  7. ^'What is the PPS reward system? - Earnings & Payments on NiceHash'. NiceHash. Retrieved 2017-12-29.
  8. ^'Available algorithms on NiceHash'. NiceHash. Retrieved 2017-12-29.
  9. ^'Fees - Service on NiceHash'. NiceHash. Retrieved 2017-12-29.
  10. ^'Millions May Have Been Stolen in a Bitcoin Marketplace Hacking Heist'. Forbes.
  11. ^'Bitcoin Address 1EnJHhq8Jq8vDuZA5ahVh6H4t6jh1mB4rq'. blockchain.info. Retrieved 2017-12-29.
  12. ^'Marko Kobal Resigns'. LinkedIn. 2017-12-21. Retrieved 2017-12-27.
  13. ^'Four International Hacking Suspects Charged with Racketeering'. US Department of Justice. 2019-06-05. Retrieved 2019-06-11.
  14. ^'Eight years later, the case against the Mariposa malware gang moves forward in the US'. ZDNet. 2019-06-11. Retrieved 2019-06-11.

External links[edit]

  • nicehash on GitHub
  • Nguyen, Linh (December 12, 2017). 'NiceHash CEO speaks out after $60m cryptocurrency hack'. WikiTribune. Retrieved June 5, 2018. licensed CC-BY-SA
Retrieved from 'https://en.wikipedia.org/w/index.php?title=NiceHash&oldid=924459859'

Updated: June 4, 2019 Home » Bitcoin [ Buy, Sell, Mine & Invest ]

With Cryptocurrency price stock shooting through the roof, BitCoin is making all the other altcoin a good choice. Ethereum and Cryptocurrency in general are designed from the ground up to be as open and transparent as possible. The client diversity is a huge win for the entire ecosystem, it lets us verify that the protocol while keeping the door open for new innovation. However, due to the lack of GUI Client, it can be very confusing for end-users. We’ve compiled some of the more user friendly Ethereum mining software for the general public.

Alternative Article ➤ 10 Best BitCoin Alternatives – Profitable Cryptocurrencies Mining With Home Computers

Why Ethereum Cryptocurrency instead of the more popular BitCoin? Ethereum is one of the most ambitious blockchain project. It runs its own cryptocurrency, called Ether, but goes beyond being just digital currency. Ethereum is a decentralized platform that allows building smart contracts: decentralized applications (dapps) that run as they coded without any possibility of censorship, downtime, fraud or third parties interference.

Ethereum Vs. Bitcoin: What Sets Them Apart? Cryptocurrency Ether could potentially prove more lucrative than Bitcoin. It’s been flying in Bitcoin’s shadow, but investors are taking notice of its powerful financial technology.

↓ 01 – Parity Windows macOS Docker Ubuntu

Parity Technologies is proud to present our powerful new Parity Browser. Integrated directly into your Web browser, Parity is the fastest and most secure way of interacting with the Ethereum network. They’ve created the world’s fastest and lightest Ethereum client and integrated it directly into your web browser. Using it you can access all the features of the Ethereum network including powerful Decentralised applications and the multitude of cryptocurrencies issued on ethereum. Works great on Microsoft’s Windows 10 and Apple’s macOS.

  • High Performance – Tuned, hand-optimised use of low-level Rust-language, JITEVM turbocharges execution of complex contracts and Multi-level in-memory caching
  • Ultra Reliable – Memory and concurrency safety guaranteed by Rust language, Actor-based modularity ensures maximal resilience, and Unit-tested and peer-reviewed from day one
  • Future Proof – Standard, JSON-based, chain-specification format, EVM plugins allow native speed contracts, and Actor-based modular architecture with IPC
  • Small Footprint – Rust’s ownership tracking facilitates minimal memory footprint, Cache management gives fine control to user, and State-trie pruning minimises storage footprint

↓ 02 – MinerGate Windows macOS Fedora Ubuntu

Nicehash Miner 1.7.5.14

MinerGate is a mining pool created by a group of cryptocoin enthusiasts. It is the first pool which provides service for merged mining. This means that while mining on our pool you can mine different coins simultaniously without decrease of hashrate for major coin.

↓ 03 – cpp-ethereum Windows macOS Docker Ubuntu

cpp-ethereum is the third most popular of the Ethereum clients, behind geth (the go client) and Parity (the rust client). The code is exceptionally portable and has been used successfully on a very broad range of operating systems and hardware. cpp-ethereum is extremely portable and is used on a very broad range of platforms.

↓ 04 – WinEth Windows

Nicehash Macbook Air

Mining Ethereum just got easy with one click mining for AMD and NVidia Cards on Microsoft Windows. Mining ETH on Windows can be easy and profitable if you have appropriate hardware. The best hardware is a Gaming PC equipped with one or more high-end video cards. Mining is not feasible on low-end video cards or machines without dedicated video cards. You need to have a GPU (video card) with at least 4GB of memory for mining Ethereum. The Radeon HD 7970, R9 and RX series are all good choices. nVidia 1060 and 1080 cards also work well.

  • Graphical Windows app targetting Win7 through Win10, 64-bit only
  • CUDA and OpenCL – CUDA 5.2+ right now
  • Automatically configures itself to Nanopool for the wallet address you provide
  • Background (low power) mode and “Mine only when Idle” mode
  • Automatic updates and automatic transmission of errors including GPU type and driver version using Microsoft Application Insights, so we can identify and resolve problems automatically
  • There is a dev fee of one minute of mining every 100 minutes
  • Binaries are signed with an extended verification signing certificate from digicode to provide some level of confidence it is not malware.

↓ 05 – Go Ethereum ( Official ) Windows macOS Ubuntu

Go Ethereum is one of the three original implementations (along with C++ and Python) of the Ethereum protocol. It is written in Go, fully open source and licensed under the GNU LGPL v3. Go Ethereum is available either as a standalone client called Geth that you can install on pretty much any operating system, or as a library that you can embed in your Go, Android or iOS projects.

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