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Apr 12, 2017
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SickBeast wrote:
Feb 7th, 2018 9:04 am
Still nothing in my wallet. @RedToronto can you please confirm if you have received payment? Thanks.
Oh, I'm only at 0.003 BTC and have dedicated only my CPU to mine for Nicehash (I don't trust them enough to use one of my GPUs), so I won't be getting a payment from them any time soon.

I see a lot of people complaining on Twitter saying they haven't received payment either. Can anyone else confirm?

Edit:
I'll switch all my resources to Nicehash to test payment, but we'd have to wait until the next payout, and there's no guarantee that it'll be 0.005 BTC minimum again.
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RedToronto wrote:
Feb 7th, 2018 12:35 pm
Oh, I'm only at 0.003 BTC and have dedicated only my CPU to mine for Nicehash (I don't trust them enough to use one of my GPUs), so I won't be getting a payment from them any time soon.

I see a lot of people complaining on Twitter saying they haven't received payment either. Can anyone else confirm?

Edit:
I'll switch all my resources to Nicehash to test payment, but we'd have to wait until the next payout, and there's no guarantee that it'll be 0.005 BTC minimum again.
That's what I have done. Directed my machine to mine to the wallet I was using before the theft. It will take me 10-11 days to hit 0.01 though.
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Yeah, sorry @SickBeast, you'll have to wait almost a week and a half for one of us to reach the minimum payout in order to test it.

You may want to contact their support in the meantime, because it shouldn't have taken over 6 hours.
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RedToronto wrote:
Feb 7th, 2018 1:58 pm
Yeah, sorry @SickBeast, you'll have to wait almost a week and a half for one of us to reach the minimum payout in order to test it.

You may want to contact their support in the meantime, because it shouldn't have taken over 6 hours.
Thanks for getting back to me. I'm starting to understand what's going on. Part of my stolen balance is now saying "pending". So they haven't paid me anything. And I refuse to mine more coins to that wallet or do anything else until either their support people get back to me and actually explain what is going on, or else if they update us as to the overall process. I did exactly what they said to do initially. I topped myself up to 0.01BTC including the stolen balance. I'm tempted to mine up to 0.005BTC in terms of my new mining balance but I don't trust it. I'm kind of irritated that they are holding 0.003BTC of my new mined coins hostage right now, along with the remainder of the stolen balance.
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Another payment started last night and there will be abother on on the 10th.
Strange that they are not taking care of you guys during this time!
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vkizzle wrote:
Feb 8th, 2018 8:51 am
Another payment started last night and there will be abother on on the 10th.
Strange that they are not taking care of you guys during this time!
Well I finally caved and mined enough so that my 10% repayment plus my mining earnings total 0.005BTC. We'll see. Hopefully they will finally process the payment.
I am a Public Mobile customer.
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Sep 13, 2016
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SickBeast wrote:
Feb 8th, 2018 9:05 am
Well I finally caved and mined enough so that my 10% repayment plus my mining earnings total 0.005BTC. We'll see. Hopefully they will finally process the payment.
Yeah, you should get that in next payout. This is exactly the math I explained few posts back.
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IndyBeak wrote:
Feb 8th, 2018 12:11 pm
Yeah, you should get that in next payout. This is exactly the math I explained few posts back.
Yeah you were right. Thank you for your insight. If Nicehash has indeed lowered the payout threshold to .005BTC I will probably just mine repeatedly until they pay me back all the stolen coins.
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I've got a hoarding problem (see image). I can't decide what to keep and what to send to the exchange.

I've done a bit of research on all the coins listed, so I'm not blindly stocking up on random coins, but my list of wallets is getting out of hand.
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RedToronto wrote:
Feb 8th, 2018 2:03 pm
I've got a hoarding problem (see image). I can't decide what to keep and what to send to the exchange.

I've done a bit of research on all the coins listed, so I'm not blindly stocking up on random coins, but my list of wallets is getting out of hand.
Yeah you should probably amalgamate a lot of those coins. It's just tricky to know which single coin would be a good investment.
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IndyBeak wrote:
Feb 4th, 2018 12:48 pm
Yes.
They have written such mumble jumble about payouts that it is impossible to find something official in plain and easy to understand English. But let me explain you the math using my example. I had 0.012 stolen BY NiceHash.
> 1st Payout - Need to mine 0.01 - (0.012/10) = 0.0088 BTC. 0.0108 stays in old balance.
> 2nd Payout - Need to mine 0.01 - (0.0108/10) = 0.00892 BTC. 0.00972 stays on old balance.
> 3rd Payout - Need to mine 0.01 - (0.00972/10) = 0.009028 BTC. 0.00875 stays in old balance.
......
And so on.
This is how it is going to play out. And it sucks that they have not even confirmed when the next payout will be. Will it be this month, this Christmas, or next year. And how much will that be. 10%, 5%, 50%.

Although, the analysis has quite the Zeno's paradox now that I look at it again, because if it continues to take 10% off the "new" old balance, then it'll be taking 10% for infinity.

According to this video, the 10% off the stolen BTC stays the same size until the old balance is completely exhausted.

I think it goes more like this:

Starting with 0.012 BTC in Old balance

> 1st Payout - Need to mine 0.01 - (0.012/10) = 0.0088 BTC. 0.0108 stays in old balance.
> 2nd Payout - Need to mine 0.01 - (0.012/10) = 0.0088 BTC. 0.0076 stays on old balance.
> 3rd Payout - Need to mine 0.01 - (0.012/10) = 0.0088 BTC. 0.0064 stays in old balance.
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SickBeast wrote:
Feb 8th, 2018 2:07 pm
Yeah you should probably amalgamate a lot of those coins. It's just tricky to know which single coin would be a good investment.
Yeah, my Miningpoolhub balance page never looks this clean. It's only settled down now because I've moved my GPUs to mine with Nicehash.

I may put my bets on Verge coin, but I'm not 100% on that decision yet.
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Sep 13, 2016
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RedToronto wrote:
Feb 8th, 2018 2:20 pm
Although, the analysis has quite the Zeno's paradox now that I look at it again, because if it continues to take 10% off the "new" old balance, then it'll be taking 10% for infinity.

According to this video, the 10% off the stolen BTC stays the same size until the old balance is completely exhausted.

I think it goes more like this:

Starting with 0.012 BTC in Old balance

> 1st Payout - Need to mine 0.01 - (0.012/10) = 0.0088 BTC. 0.0108 stays in old balance.
> 2nd Payout - Need to mine 0.01 - (0.012/10) = 0.0088 BTC. 0.0076 stays on old balance.
> 3rd Payout - Need to mine 0.01 - (0.012/10) = 0.0088 BTC. 0.0064 stays in old balance.
oops, yeah, you are correct. Although I did mention multiple times that it will take 10 payouts to get back everything, that was certainly an oversight on my part when charting the math..
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Sep 13, 2016
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Quick update. Looks like NH lowered their external wallet cutoff to 0.003 last night. I got my first payout along with the 10% top up.

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