Author

Topic: 📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) - page 146. (Read 959523 times)

member
Activity: 96
Merit: 10
Are seats still available?
member
Activity: 140
Merit: 27
Now that BFL has moved beyond day 1 60GH/s ASIC orders, I have unplugged 3 more of our FPGAs to send back to BFL to be upgraded.  This hopefully results in us adding some more hashing power soon.

Glad to hear it!  Eager to see more and more hashing power per seat  Grin
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Now that BFL has moved beyond day 1 60GH/s ASIC orders, I have unplugged 3 more of our FPGAs to send back to BFL to be upgraded.  This hopefully results in us adding some more hashing power soon.
legendary
Activity: 1316
Merit: 1005
I feel the best way to address this concern is to continue diversifying the operation.

Agreed.

My hope is that you, the NastyFans, will join together at some point in the very near future to strengthen our mining network to multiple locations around the globe.

Solid perspective. With the right structure, I think collaborative participation will be very forthcoming. Looking forward to announcements.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
One remaining concern is geopolitical. What aspects of the operation are secure against legal threats or confiscation?

I don't want to pretend I'm a lawyer, but from my understanding, all I am doing is mining BTC.  Last I checked, that was legal.  NastyFans are also trading fan club seats amongst each other, so there really isn't any banking or anything like that going on as with the other exchanges.  However, I feel the best way to address this concern is to continue diversifying the operation.  I suspect over the next couple months you will see a few new products/services relating to NastyFans.  I have been hard at work, as has nonnakip for quite some time on a few different projects/services that will benefit current seat owners.  My hope is that you, the NastyFans, will join together at some point in the very near future to strengthen our mining network to multiple locations around the globe.  Get ready.  Exciting things are coming.
legendary
Activity: 1316
Merit: 1005
You're not doubling anything until you get the hardware. By then 500gh/s might not be so worth it

As long as it arrives by around mid-October, it should generate a reasonable return. In addition to KNC, Bitfury hardware would be an ideal addition for diversification.

One remaining concern is geopolitical. What aspects of the operation are secure against legal threats or confiscation?
hero member
Activity: 551
Merit: 500



I'd run one on btct.co if there is enough demand for it.

I'm all for that

We're nearly doubling our total hash rate without reducing seat distributions. 

You're not doubling anything until you get the hardware. By then 500gh/s might not be so worth it
sr. member
Activity: 353
Merit: 251
Has there ever been any discussion about getting your shares on an exchange.  Like with a passthru or whatever?

As requested, a 1/100th NastyFans Micro-Share Pass-Thru is now available for trading on BitFunder.

https://bitfunder.com/asset/NastyFans

You should list it on btct.co
It is pretty difficult to get funds on bitfunder


I'd run one on btct.co if there is enough demand for it.

Is there anyone interested in running one on Havelock? Smiley
hero member
Activity: 634
Merit: 500
Has there ever been any discussion about getting your shares on an exchange.  Like with a passthru or whatever?

As requested, a 1/100th NastyFans Micro-Share Pass-Thru is now available for trading on BitFunder.

https://bitfunder.com/asset/NastyFans

You should list it on btct.co
It is pretty difficult to get funds on bitfunder


I'd run one on btct.co if there is enough demand for it.
legendary
Activity: 1038
Merit: 1000
Bitcoin entrepreneur and Pro Trader
Has there ever been any discussion about getting your shares on an exchange.  Like with a passthru or whatever?

As requested, a 1/100th NastyFans Micro-Share Pass-Thru is now available for trading on BitFunder.

https://bitfunder.com/asset/NastyFans

You should list it on btct.co
It is pretty difficult to get funds on bitfunder
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Has there ever been any discussion about getting your shares on an exchange.  Like with a passthru or whatever?

As requested, a 1/100th NastyFans Micro-Share Pass-Thru is now available for trading on BitFunder.

https://bitfunder.com/asset/NastyFans
hero member
Activity: 859
Merit: 1000
Awesome! That was a right move!
Thank you OG Nasty
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform

Wow what a waste. You're not going to see that machine any time soon. **You haven't even gotten the rest of your very early order yet!!!**

We should have been polled about this.

Using our 25% discount for a mini-rig was a no brainer.  An interest free loan with extremely low fees also made securing an additional 500GH/s a great success is my eyes.  We're nearly doubling our total hash rate without reducing seat distributions.  A great deal for existing seat owners.  Since our 25% coupon would have expired before a poll could have been completed, that route was not possible.
hero member
Activity: 551
Merit: 500

Wow what a waste. You're not going to see that machine any time soon. **You haven't even gotten the rest of your very early order yet!!!**

We should have been polled about this.
hero member
Activity: 784
Merit: 501
So whats up with the website? Have we really not had any donations the last 4 days?

it's been the worst luck for the pool in at least the past 3 months... supposed to get a donation every 20 hours, it's been dry for over 4 days. Two rounds ago took 19 minutes, this round is now at 4 days 5 hours and 29 minutes.

still down on the week, but we just hit two blocks in two hours, something like 8 BTC.

Make that 3 blocks in 8 hours.  12 coins worth...
sr. member
Activity: 454
Merit: 252
So whats up with the website? Have we really not had any donations the last 4 days?

it's been the worst luck for the pool in at least the past 3 months... supposed to get a donation every 20 hours, it's been dry for over 4 days. Two rounds ago took 19 minutes, this round is now at 4 days 5 hours and 29 minutes.

still down on the week, but we just hit two blocks in two hours, something like 8 BTC.
hero member
Activity: 560
Merit: 500
I am the one who knocks
FYI....

the SEC does not even consider what currency is used, read the Securities act of 1933. It doesn't need to consider or not consider the merit of bitcoin, it considers the offer and sale of securities. This has nothing to do with acceptance or recognition of bitcoin by the federal government.

There are, ahem, some people who claim they aren't dealing in securities. Or real money.

that never mattered.

http://www.sec.gov/about/laws/sa33.pdf

SEC. 2. (a) DEFINITIONS.—When used in this title, unless the
context otherwise requires—
(1) The term ‘‘security’’ means any note, stock, treasury
stock, security future, security-based swap, bond, debenture,
evidence of indebtedness, certificate of interest or participation
in any profit-sharing agreement
, collateral-trust certificate,
preorganization certificate or subscription, transferable share,
investment contract
, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or
other mineral rights, any put, call, straddle, option, or privilege
on any security, certificate of deposit, or group or index of securities (including any interest therein or based on the value
thereof), or any put, call, straddle, option, or privilege entered
into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly
known as a ‘‘security’’, or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase, any
of the foregoing.

hero member
Activity: 560
Merit: 500
I am the one who knocks

Good thing we are just a fan club.

Except that we are not.  There is verbiage that states about receiving dividends, and despite using differing terminology, we do. 

I've never received a dividend form nastyfans, only portions of donations from loving fans.
There is a one to one mapping, and if you think that will fool the SEC I think you will be sadly mistaken. 
hero member
Activity: 887
Merit: 1000

Good thing we are just a fan club.

Except that we are not.  There is verbiage that states about receiving dividends, and despite using differing terminology, we do. 

I've never received a dividend form nastyfans, only portions of donations from loving fans.
hero member
Activity: 560
Merit: 500
I am the one who knocks

Good thing we are just a fan club.

Except that we are not.  There is verbiage that states about receiving dividends, and despite using differing terminology, we do. 
Jump to: