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[–]Thegymnrat 7 points8 points9 points 2 months ago (13 children)

hack it and get it back.

[–]kn_ 1 point2 points3 points 2 months ago (0 children)

The people replying to this really should do the math to figure out just how many possibilities there are for the key to this wallet, then calculate the time necessary for every GPU on earth to crack. I think they'll find its something around 100 trillion years to try every possible private key.

[–]SyRoUK 0 points1 point2 points 2 months ago (11 children)

I did wonder if NiceHash could use the combined power of all the sellers PC's to crack the wallet with the stolen BTC. What power would be needed to crack the wallet? Any hint that it's happening and I assume the hacker could simply move the coins again to thwart the attempt?

[–]Tra5hAng3l 14 points15 points16 points 2 months ago (4 children)

If it were possible ALL cryptocurrency would be for all intents and purposes, dead. Why bother using an asic farm to mine when you can just crack high balance blockchain addresses?

[–]SyRoUK -3 points-2 points-1 points 2 months ago (2 children)

Because we're talking about a huge pool of processing power. In 2040 the current 256 encryption will be obsolete due to expected advancements in proceeding power.

[–]astl32 3 points4 points5 points 2 months ago (0 children)

They will quantum crack our wallets :(

[–]ShaidarHaran2 2 points3 points4 points 2 months ago (0 children)

An ASIC producing state (read: China) could definitely back that sort of force to break down any crypto if Nicehash's mining power could. And Nicehash can't anyways: https://www.youtube.com/watch?v=S9JGmA5_unY&feature=youtu.be&t=72

If SHA-256 is cracked, even by a pool the size of Nicehash, crypto is dead anyways, I agree with that.

[–]Thegymnrat -3 points-2 points-1 points 2 months ago (0 children)

well a hacker got the BTC from NH and Crypto currencies are still alive despite the hack.. Beside Hacking isn't just about brute forcing.. I would suggest a Bounty of 10 to 15 percent on whoever could get it back.. ..

[–]TheKrs1 6 points7 points8 points 2 months ago (0 children)

I'd recommend you watch this whole video (but I timed stamped the important part) to highlight how much power this would take:

https://youtu.be/S9JGmA5_unY?t=72

[–]mrnorrisman 0 points1 point2 points 2 months ago (0 children)

I was wondering this myself. I dont know how possible this is, but it seems like a good theory. And even if we werent able to crack the wallet, it would pressure the hacker to transfer the funds, which could then reveal a little more information.

[–]Thegymnrat 0 points1 point2 points 2 months ago (0 children)

thats an excellent idea ..IM Game

[–]Jumbolumbocambolado 0 points1 point2 points 2 months ago (0 children)

From what i've heard, you can brute force the private key of the address if it was generated using either one of the following, another btc address, a merkle root, transaction id, block hashes, common words...but thats all i know for now, waiting for someone better than me to move this forward

[–]twmac 0 points1 point2 points 2 months ago (0 children)

enumerating these keys would consume more than the total energy output of the sun for 32 years. Not a chance

[–]mmy3rs0876 0 points1 point2 points 2 months ago (0 children)

I would most certainly be willing to use 100% of my machine's resources go to cracking the wallet. Would do it in a heartbeat if this was possible. I want my 150$ ;-;

[–]galaga822 5 points6 points7 points 2 months ago (0 children)

QR Police are on the way!

[–]swapongn 4 points5 points6 points 2 months ago (0 children)

Are your sure is there any "Evil" from inside NiceHash help them?........... But any how, NiceHash should live soon, all loss can be recover.....

[–]wayneious 1 point2 points3 points 2 months ago (2 children)

What I find fascinating also it that it looks like whomever it is, they are still mining other places...lol.

[–]Stewy13 0 points1 point2 points 2 months ago (0 children)

That..could be a key element here. Hmm..

[–]Freddie83 0 points1 point2 points 2 months ago (0 children)

I think the additional transactions you see are people sending "Donations".

[–]sleeper252 3 points4 points5 points 2 months ago (3 children)

Has anyone tried requesting payment for their unpaid NH balance?

[–]mrnorrisman 0 points1 point2 points 2 months ago (2 children)

Who would you send that request to though?

[–]Winjin 4 points5 points6 points 2 months ago (1 child)

Either the NH guys (hey! You just got all your money stolen, but I still want my share of the money you don't have!) or even better, the hackers. (Hey, you just stole some insane money, can I have a cut? Some of these are mine). Both ways are equally fascinating, but the latter one I find funnier.

[–]sleeper252 0 points1 point2 points 2 months ago (0 children)

Yes the hackers... yes it'd be funny as heck.
Even funnier if they're like.. "oh you only had $67 BTC in your NH account... here you go, mate. Apologize for the inconvenience."

Silly yes but stranger things have happened.

[–]Tarasey 0 points1 point2 points 2 months ago (0 children)

Wow! Its bad!

[–]joehx 0 points1 point2 points 2 months ago (6 children)

curious that they haven't moved the funds from that account yet

[–]SyRoUK 3 points4 points5 points 2 months ago* (4 children)

I assume they may be preparing the next move? Something on a scale of complexity that will make it very hard to trace before they can be sold / exchanged?

[–]joehx 2 points3 points4 points 2 months ago (3 children)

or maybe they're waiting for things to die down, hoping that no one cares anymore when they finally move the funds.

[–]SyRoUK 2 points3 points4 points 2 months ago (0 children)

It's probably a mix of the two. When it does start moving, I imagine it will be quickly, in small amounts and spread over long broad chains of wallets. That would then buy them time to dump the BTC's into exchanges without getting black flagged.

[–]heyfrank 2 points3 points4 points 2 months ago (0 children)

or perhaps maybe one of the people involved got greedy and pulled a gun on the other, and the other was already packing, and they both had a shootout killing each other, rendering the wallet in an ironic limbo.

[–]TheKrs1 1 point2 points3 points 2 months ago (0 children)

Alternatively they are trying to sell the private keys for a fraction of the value of the stolen funds.

[–]ShaidarHaran2 3 points4 points5 points 2 months ago (0 children)

I mean, we're not any closer, where the funds ended up was known the day before the hack. For people paying attention, even before Nicehash said they were hacked.

https://www.reddit.com/r/Bitcoin/comments/7hyv78/nicehash_may_have_been_hacked/

So I don't see why they would feel the need to move, they're just a public address to us right now.

[–]Eplakaka13 0 points1 point2 points 2 months ago (4 children)

Looks like they are still transfering funds to that address

[–]Scriptur3 0 points1 point2 points 2 months ago (3 children)

I heard somewhere the funds being transferred to them now are people hoping the hackers will send them some Bitcoin back. Not sure if that's the case or not but it seems plausible.

[–]ShaidarHaran2 1 point2 points3 points 2 months ago (1 child)

Why do they think some will be sent back?

[–]ForteShadesOfJay 0 points1 point2 points 2 months ago (0 children)

They might use those address to try to throw people off their scent. If they transfer to an address with some history tied to someone it will give people a false lead to track while they funnel the rest elsewhere. It's s stretch but I can see the reasoning.

[–]Oldcustard 0 points1 point2 points 2 months ago (0 children)

My goodness, why would anyone think that would work. "Oh hey there so you just stole $62m if I give you some money can you send me more back?" Kthx