Topic: 📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) - page 138. (Read 958990 times)
Wow.. Not a single donation in what? 3 days. That sucks! I hope BFL comes through (and I hope we're in the first batch!)
Distribution 257793 is complete. Thank you to our donators!
Looks like we are having a pretty good day today (in comparison to recent days)
wow! Awesome. Thank you OgNasty!
UPDATE:
We've received our final 60GH/s Miner from BFL, bringing our theoretical hashing power to 420GH/s. As we wait for BFL to deliver our remaining 5.4TH/s in Monarch orders, we will continue paying down our debt which is currently BTC320 and look forward to nonnakip taking NastyPool live.
Also, a reminder that there are still 1g silver NastyFans coins available for purchase with profits being donated to the fan club.
We've received our final 60GH/s Miner from BFL, bringing our theoretical hashing power to 420GH/s. As we wait for BFL to deliver our remaining 5.4TH/s in Monarch orders, we will continue paying down our debt which is currently BTC320 and look forward to nonnakip taking NastyPool live.
Also, a reminder that there are still 1g silver NastyFans coins available for purchase with profits being donated to the fan club.
Distribution 256487 is complete. We appreciate the donations!
I'll expand on nonnakip's answer:
Yes, the coins get sent to an address you specify.
You mine at:
http://nastyfans.org:9332
Use as your username and "x" as you password. Example:
Username: 1NastyFRkeUTmMdbMmzggDVTQA6r3ibUoX
Pass: x
Warning: it's better to use a real wallet address. Do not use an address from exchanges, etc. P2Pool pays using "mined" transactions.
Additional Info: There is no account to setup, just start mining. To check your progress, click on the link above with your web browser and then click on "Graphs." Search for your BTC address to view current hash speed and payout rate.
No.
No.
How does using the nasty mining p2pool work? Do the coins get sent to an address you specify
Yes, the coins get sent to an address you specify.
You mine at:
http://nastyfans.org:9332
Use
Username: 1NastyFRkeUTmMdbMmzggDVTQA6r3ibUoX
Pass: x
Warning: it's better to use a real wallet address. Do not use an address from exchanges, etc. P2Pool pays using "mined" transactions.
Additional Info: There is no account to setup, just start mining. To check your progress, click on the link above with your web browser and then click on "Graphs." Search for your BTC address to view current hash speed and payout rate.
can you have proceeds donated to your personal fan club account,
No.
does it include alt coin trades etc.?
No.
How does using the nasty mining p2pool work? Do the coins get sent to an address you specify or can you have proceeds donated to your personal fan club account, does it include alt coin trades etc.?
1. If you use a Bitcoin address for your miner username the coins you mine will be generated and sent directly to that address. No part of it is donated to NASTY MINING or nastyfans.
2. If you use a miner username that is not a Bitcoin address the coins you mine will be generated and sent directly to the general nastyfans fanclub donation address.
For both options 0.9% is automatically donated to support P2Pool development.
There are plans to do more exciting mining pool options tp provide benefits to miners and the fanclub at the same time but these plans are not yet implemented. Until then the 2 options I show are the miner options.
Added 999MH/s to the P2pool (plugged in 3 usb sticks 
)
)How does using the nasty mining p2pool work? Do the coins get sent to an address you specify or can you have proceeds donated to your personal fan club account, does it include alt coin trades etc.?
Added 999MH/s to the P2pool (plugged in 3 usb sticks )
) 
Alts have been grinding down relative to BTC, and cryptoswitcher keeps seeming like a good idea.
Thoughts?
Thoughts?
Just transfered btc for my first seat on the site, exciting 
Distribution 255103 is complete.
We appreciate the donations. Thank you!
We appreciate the donations. Thank you!
The P2Pool software running on nastyfans.org is a unmodified P2Pool node and it does not charge any fees. But there are plans to make changes to benefit nastyfans. I will announce these changes when they are ready. Until then it is a normal P2Pool node.
I can't wait to see the fruits of your labor! Thanks for your service Nonnakip!
To help with price concerns, have you perhaps considered changing how seat sales are done? Perhaps instead of storing an order book of seats for sale you store an order book of seats wanting to be purchased? This might help motivate higher prices as you change the dynamic from seat sellers competing to seat purchasers competing....
Interesting idea. But it require buyer pre-pay for seat purchase. This makes nastyfans a bank. I do not want to run a bank. We already talk about this here:
https://bitcointalksearch.org/topic/m.1477150
Mining on the NastyFans P2Pool 
yeah I had to dump my position some weeks ago. it is being run way too passively.
going green? good luck competing..
what´s next, a drum circle?
going green? good luck competing..
what´s next, a drum circle?
I'm a late-comer, and now I start to understand why many people where saying NastyMining is very well run - because it is! Admittedly I haven't looked into a lot of mining ventures, but from the ones I had a close eye on, you certainly set yourself apart for how you manage this
I personally would've let my feelings steer me away from BFL, I really dislike their behaviour, but I admit your business reasoning seems solid, and you surely have much more experience than me. So I'll keep my seats tight for the foreseeable future
I personally would've let my feelings steer me away from BFL, I really dislike their behaviour, but I admit your business reasoning seems solid, and you surely have much more experience than me. So I'll keep my seats tight for the foreseeable future
Concur, Nasty mining is an outstanding operation!
EDIT: (OgN/Nona)To help with price concerns, have you perhaps considered changing how seat sales are done? Perhaps instead of storing an order book of seats for sale you store an order book of seats wanting to be purchased? This might help motivate higher prices as you change the dynamic from seat sellers competing to seat purchasers competing....
Having mining equipment compared to not having mining equipment should be a more significant factor in your planning.
As Og stated, heat is a major consideration. There's also a strong likelihood that first-gen ASICs will barely cover power costs by the end of the year.
The only realistic option to sustain long-term operation is to move to second-gen hardware. Despite the PR disaster BFL is, the fact remains that they have delivered, and early orders do reasonably well. The FPGA history also shows they will probably move smoothly with the second round.
Whether 28nm hardware pays itself off remains to be seen, but again - it's the only viable choice.
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