Topic: 📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) - page 107. (Read 958995 times)

That will be great.
Something the community should really get behind.
Remember both of you to get a hold of me when you want me to get it up on CCN and around the web. 

Distribution 291747 is complete. nastyfans appreciates the donations!

I'm pretty excited for this new reward system.  A 0% fee P2pool node with a >100% BTC payout sounds like a win-win-win for the network-NastyFans-miners.

That is very cool.
So many great developments going on here.
Great Job. 

On 2014-03-17 I begin recording the accepted P2Pool shares submitted by NastyPool miners. This will be used for a new reward system I develop with the help of OgNasty. I do not say now how this will work. I only want to inform NastyPool miners that since 2014-03-17 your mining contribution to NastyPool is tracked and will be used to give you extra benefits in nastyfans.

That is very cool.
Now the only thing we have to worry about is different scrypt dev's have been talking about hard forking several of their coins to head off the scrypt ASIC influx.

Thats good news. Seems to be the trend, order one thing, it gets delivered late, you end up with 100-200% more than you asked

What was the originally promised ship date on the alpha scrypt miner?

Just in from Alpha Technology...  Our 25MH/s scrypt miner order has been upgraded to a 90MH/s scrypt miner free of charge and we should expect it to ship in July.

1. Green technology wouldn't change things for fans/mining at all.  It would secure that our structure can continue operating with no costs like this.  I wouldn't expect fans to absorb this cost either.  If there was sufficient demand or a private investment, I would like to sell off a block of my personal seats in order to pay for the green technology.  If anyone is interested in buying a block of seats, please contact me via PM.  Perhaps a few large buyers out there would like to take advantage of this offer to buy a block of seats without buying the auction up to double the price...

2. I haven't given any thought to over clocking the singles.  They run pretty hot and inefficiently as is.  Once our Monarchs arrive, I may end up auctioning them if a better solution hasn't presented itself.  The offers I've received for them recently have been in the $175 range, so we might as well mine with them until we have better equipment in hand and then auction them or something.

3. Obviously our fundraising process needs an overhaul from the structure of the debt to the interface that debtors use to see it.  I've discussed and heard some amazing ideas from nonnakip about this.  I have no idea how long a market for NastyCredits would take to develop, but based on the ideas I heard, it will be a while.  The plan is to take it way beyond just a debt market and if nonnakip is able to implement half the ideas I heard, I will truly be excited as a trader and a fan.


Thanks for the suggestions. 

- A bond lottery system sounds interesting.  We've discussed various ways to introduce a lottery to encourage participation amongst miners, but not fans.  That is something to consider.
- I've thought a lot about things we can do like prize giveaways.  Once we get the final bill for our scrypt miner and make payment, I wouldn't be surprised to see some new Nasty products with a fun giveaway to kick things off.   

not posted in a long time

I've read a bunch of pages, and have some questions for OgNasty:

1. If we go to green technology for electricity in the future will the spit between fans/mining change or stay the same
2. Have you thought of overclocking the singles to get a bit more life out of them vs selling them
3. For fundraising, have you ever thought of a bond lottery type system:

- members choose to forgo dividend, and their share becomes an entry to lottery. The div then goes to debts/re-investment/etc
- put up some prizes. e.g use some bitcoin merchants like gyft or some seats as a prize each week

Keep up the good work both nonnakip and OgNasty

 
 

Sweet! Gotta love competition and the free market (well, in this regard anyway!)

Alpha Technologies just released a statement regarding KNC's entering the Scrypt ASIC ring.

Hey, it's only $10,000 for a reported 100 Mh/s (at this point) 

edit:

https://www.kncminer.com/products/titan?resellerid=354&gclid=CJLMjoH8nr0CFWdk7Aod5hoA2Q

Here's the update I got:
http://forum.kncminer.com/forum/news-and-anouncments/31440-new-scrypt-miner-titan

That is intriguing.  I think we had better stick to our Alpha Technologies order and hope that they beat KNC to the market with a more efficient product, considering we have already put down a deposit.

I'm sure this isn't news to you guys but figured why not post it.. I got an email from KnC that they are launching a scrypt miner called the Titan.  They "say" they think they can beat the competition to market..

Most of the drop in seat price is just a mirror image of the increase in bitcoin price. In dollar terms the seats are right around where they were a year ago.

That is great news.
I hope they do get them out the door this time.
I was really on the fence about wanting one and now I want one to test and review.  They look like fun beasts.

I received coupon codes from BFL for our 9 free Monarchs and immediately placed the orders to get us in the queue.  I also confirmed that our original 9 orders have been upgraded to Imperial Monarchs.

I think a lot of the reason sales were steady but not as high as you think it should be was due to lack of the news getting out about them. 
I know the seats are a good investment and the coins even more so due to their value both in silver and if you have a seat tied to it the value of the coin in BTC goes up steadily.
Bitcoin is a long term investment right now and these or any other coin is an investment for the long haul.
Enjoy and Happy Mining.