Nicehash could make it impossible for hashrate buyers to coordinate an attack.
Usually Nicehash has about 10- 20% of hashrate of PoW-coins and it
is dangerous only to small a fork of PoW-coins.
Nicehash is giving everyone with smaller
and less secure blockchain projects the option to make them more secure by leasing hash power.
Recently the popular cryptocurrency wallet Nicehash was breached,
where cyber thieves stole $ 63 million dollars worth of bitcoins in a robbery!
Take the recent breach of the popular cryptocurrency wallet Nicehash, where cyber thieves stole $63
million dollars worth of Bitcoins in a single heist!
The first batch of hardware bought for investors'
money is already running, and its live stats on Nicehash can be found in the following link:.
Nicehash is said to have a responsive
and efficient customer support that can be reached by email or by raising a support ticket on the platform.
If Nicehash wanted to get dishonest and hostile,
it would seem that the company might be in a position to hijack the DASH blockchain and double spend a lot of money.
Well maybe Nicehash wouldn't, but what if someone used it
to lease enough hash power from miners around the world to fork a cryptocoin and double spend a bunch of money?
Another solution might be for Nicehash to redesign its software platform in such a way
so as to prevent hash power buyers from dictating to miners' computers so that it is impossible to manipulate their work.
Nicehash is a special multi-mining pool as it allows
users to mine any hashing algorithm and to sell the hashing algorithm in the Nicehash hashpower exchange to users that want to buy a profitable mining contract.
If you think your network is under attack(although such an attempt is extremely complicated and requires a very high level of skills and resources),
you can mitigate such attacks and further secure the network by using Nicehash!”!