Members of the cryptocurrency mining marketplace, NiceHash, have said in an official statement that the platform has been hacked. In a post on social media, they revealed that “there has been a security breach involving NiceHash website resulting in a loss of funds”. NiceHash, formed in 2014, serves as a marketplace for miners to rent out their hash rate to others.

The announcement came out after the service has not been operational for a few hours as users have been reporting that their NiceHash-associated wallets had been emptied. NiceHash previously announced that it was “under maintenance,” a message that it had posted to its official website as well.

In an official statement, NiceHash said:

“Importantly, our payment system was compromised and the contents of the NiceHash Bitcoin wallet have been stolen. We are working to verify the precise number of BTC taken. Clearly, this is a matter of deep concern and we are working hard to rectify the matter in the coming days. In addition to undertaking our own investigation, the incident has been reported to the relevant authorities and law enforcement and we are co-operating with them as a matter of urgency.”

Even though the team have not disclosed the exact amount that had been lost, this wallet address that has been circulated by NiceHash users suggests that as many as 4,736.42 BTC – an amount worth more than $62 million at current prices – has been stolen.

Consequently, NiceHash officials have urged users to change their online passwords as a result of the breach.

“While the full scope of what happened is not yet known, we recommend, as a precaution, that you change your online passwords,” they wrote in the statement.

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