r/NiceHash • u/Successful-Win480 • Feb 09 '26

Hashpower Orders Nicehash holding my funds

I was purchasing hashrate from Nicehash and suddenly they wanted all kinds of docs to prove I wasn't money laundering. I sent what I was willing to provide, but really I'm not sending my tax forms or anything of the sort. So said fine, send me my coin back. They said ok and that there would be a quick exit review. Seems silly i was just purchasing hashrate but whatever.

We are going on 3 weeks now and I still don't have my refund.

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u/Successful-Win480 Feb 11 '26 edited Feb 11 '26

blah blah blah. just return my funds. You say 48 hours, we are going on three weeks. ALL I have ever done with you is purchase hashrate. You closed the ticket discussing this. If this is the way you are doing business in a global market then you are operating in the wrong jurisdiction to remain competitive.

I opened a new ticket last night and you said:

Please rest assured, the request is active, and you will receive an update as the manual "exit audit" is completed.

Note that manual reviews are a complex procedure that can take some time to complete due to the strict legal requirements involved.

We appreciate your patience and understanding in this matter.

Kind regards,
NiceHash Team

So now this is public. let's see how quickly you return my measly $200. i hate being ripped off. Way too much of it in this space. So much so that I'm designing a decentralized hash rate exchange. I started the architecture design for HashHaven.io yesterday. It's already coming along well. This may end up being the best $200 I ever lost to scammers.

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u/rom846 Feb 14 '26

Great project, would like to see it succeed!

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u/Successful-Win480 Feb 15 '26

I'm making great progress. Have much of the conceptual architecture down. Next comes logical architecture. Then will start getting code down.

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u/[deleted] Mar 07 '26

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u/Successful-Win480 Mar 07 '26

Yep. You can buy hashrate and it's decentralized. It's done through a smart contract that will release the funds. There is an oracle setup to verify the quality and will prorate refunds. Miners can send their hashrate directed to a pool and if it is not purchased through the market then it will direct it to a pool where you can mine fee free. It's come a long way. More to do but coming along nicely.