nicehash in A Sentence
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Nicehash could make it impossible for hashrate buyers to coordinate an attack.
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Usually Nicehash has about 10- 20% of hashrate of PoW-coins and it is dangerous only to small a fork of PoW-coins.
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Nicehash is giving everyone with smaller and less secure blockchain projects the option to make them more secure by leasing hash power.
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Recently the popular cryptocurrency wallet Nicehash was breached, where cyber thieves stole $ 63 million dollars worth of bitcoins in a robbery!
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Take the recent breach of the popular cryptocurrency wallet Nicehash, where cyber thieves stole $63 million dollars worth of Bitcoins in a single heist!
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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:.
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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.
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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.
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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?
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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.
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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.
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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!”!
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