Nicehash mining pool hacked, payout system compromised

Nicehash mining pool hack officially confirmed, payout wallet with 4449 BTC now empty
07 December 2017   1883

Around midnight Nicehash mining pool was hacked. The result – payout wallet had been emptied by unknown party. Right now, the pool's website is down for maintenance with official press release in place. According to them, the security breach is being investigated right now.

The net is ripe with rumor about this incident. The best guess, confirmed as of now, was that Nicehash Bitcoin payout wallet have been stolen. While the staff didn't release any information about exact amount, the pool's patrons across social media conclude, that the pool's wallet had 4449 BTC and all the money were gradually transferred to another account during several days and sent away to wipe the trail. If the guess is correct, than the logical question would be why no one from Nicehash noticed the transfers during that time, and the investigation, internal and by the local authorities, began only when the wallet balance hit zero?

The official press release doesn't disclose such information, only citing, that appropriate authorities and local law enforcement have been notified and everything in their power is being done to restore site and pool operations.

In response to the security breach of that magnitude the pool's website has been shut down and hasn't come online as of yet. By users’ reports, all the mining operations have also been suspended until further notice. Users can't log in to view their payout balances, and the note on the site strongly recommends to change online passwords, as a precaution.

Ebang to Unveil New BTC Mining Devices

As reported, 10-nm process technology based Ebang E11 miners can reach 44 TH/s performance
25 September 2018   124

The Chinese manufacturer of mining equipment Ebang Communication revealed details about the new line of E11 devices, CCN reports.

At World Digital Mining in Tbilisi, the company introduced three new devices. Based on the 10-nm process technology Ebang E11 miners can reach 44 TH / s. According to the information on the company's website, new miners will go on sale in the near future.

Ebang Mining Devices
Ebang Mining Devices

On the advertising pic there are new devices: E11 (30TH / s), E11 + (37TH / s) and the most powerful E11 ++ (44TH / s)

Main competitor of Ebang - Bitmain - had introduced a high-performance chip BM1391 last week based on 7nm process technology. It is noteworthy that the device E11 ++ from Ebang in its effectiveness exceeds the flagship chip from Bitmain only 2J / TH.

The first information about the new line of miners from Ebang appeared in August.