Although the company has not reported the number of coins stolen, users have to circulate a wallet address suggesting that 4,736.42 BTC worth more than $62 million was stolen from company’s hot wallet. The link shows the balance chart for the address.
The company said its payment system was compromises. It has since stopping all operations in the next 24 hours pending investigation of the incident.
the announcement reads,
“We are fully committing to restoring the NiceHash service. Since with the highest security measures at the earliest opportunity”.
The company, which serves as a market for miners to sell and rent their hashing power to other people. However, experiencing some outages and some users announces that their wallets had been withering earlier on. On the market, people are able to rent equipment and so mine without necessarily buying expensive mining equipment.
However, the incident demonstrates how dangerous cloud mining can be.
The company also said it has reported the matter to and is working with relevant authorities and law enforcement with urgency. They have also advised users to change their online passwords.