📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) - page 147.

kroneko

member

Activity: 140

Merit: 27

Quote from: plasticAiredale on July 23, 2013, 06:02:39 PM

Quote from: MSantori on July 23, 2013, 12:27:04 PM

Attention Unregistered Exchanges, Perpetual Mining Bonds (PMBs), REITs, and other members of the Bitcoin investment space: The SEC has explicitly indicated its intention to apply the already-existing laws to your security. You may be selling securities in violation of the Securities Laws.

Good thing we are just a fan club.

So true!

plasticAiredale

full member

Activity: 207

Merit: 120

Quote from: MSantori on July 23, 2013, 12:27:04 PM

Attention Unregistered Exchanges, Perpetual Mining Bonds (PMBs), REITs, and other members of the Bitcoin investment space: The SEC has explicitly indicated its intention to apply the already-existing laws to your security. You may be selling securities in violation of the Securities Laws.

Good thing we are just a fan club.

ErebusBat

hero member

Activity: 560

Merit: 500

I am the one who knocks

I assume everyone has heard the SEC news now.... are we concerned with this verbiage?

Quote from: MSantori on July 23, 2013, 12:27:04 PM

Quote from: Peter Lambert on July 23, 2013, 12:09:07 PM

What do you think about the chances they will charge everything on BTCT as illigal investment offerings?

I think they are pretty good, actually. From the attendant Investor Alert:

"the fraud may also involve an unregistered offering or trading platform"

and, here's the real kicker:

"Any investment in securities in the United states remains subject to the jurisdiction of the SEC regardless of whether the investment is made in U.S. dollars or a virtual currency. In particular, individuals selling investments are typically subject to federal or state licensing requirements."

I have, of course, counseled my clients on this point for some time.

Attention Unregistered Exchanges, Perpetual Mining Bonds (PMBs), REITs, and other members of the Bitcoin investment space: The SEC has explicitly indicated its intention to apply the already-existing laws to your security. You may be selling securities in violation of the Securities Laws.

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

Quote from: plasticAiredale on July 23, 2013, 10:18:13 AM

Quote from: maqifrnswa on July 23, 2013, 07:58:55 AM

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.

Are we married to p2pool, or can we consider pointing a miner or two at different pools to reduce the chance of a complete dry-spell?

There is some development going on behind the scenes with P2Pool and I think our luck will turn around soon on there. We can't be unlucky all the time. Our streak of bad luck seems to be continuing however. This morning one of our PSUs burned out (no explaination). I checked with Amazon.com and we still had 4 days to send it back for a refund, so I took care of that right away. I also ran to Best Buy after failing to find a PSU at 2 other stores and grabbed a new PSU. So everything is up and running now, but we did lose a few hours worth of hashing power from 2 ASICs as well as being out about $40 for the price difference between the old PSU and the new store bought one.

On the plus side, we are now CPU mining PrimeCoins (XPM) which pretty much maxes out what the scrypt miner can handle.

plasticAiredale

full member

Activity: 207

Merit: 120

Quote from: maqifrnswa on July 23, 2013, 07:58:55 AM

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.

Are we married to p2pool, or can we consider pointing a miner or two at different pools to reduce the chance of a complete dry-spell?

maqifrnswa

sr. member

Activity: 454

Merit: 252

Quote from: plasticAiredale on July 23, 2013, 07:43:42 AM

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.

plasticAiredale

full member

Activity: 207

Merit: 120

So whats up with the website? Have we really not had any donations the last 4 days?

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

Hurragh

Thanks for the updates and diversity. Any room for devcoin in the alts? I know its yet another bloody altcoin and a fairly confused one at that but it might turn into something worth supporting :/

We've been merged mining devcoins for some time now. We have almost 400,000 of them. Check out the current holdings in the OP.

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

I received the new PSU this morning and our Scrypt Miner is back hashing away.

aquarius

sr. member

Activity: 275

Merit: 250

Quote from: Monetizer on July 22, 2013, 03:44:44 AM

how do I cancel a sell order?

click the home tab in the menu at nastyfans.org there you will see your sell orders in the bottom of the page. then in the right column you can click cancel.

Monetizer

hero member

Activity: 812

Merit: 1000

how do I cancel a sell order?

Equilux

sr. member

Activity: 353

Merit: 251

Quote from: OgNasty on July 21, 2013, 07:40:10 PM

Quote from: redbeans2012 on July 21, 2013, 06:48:32 PM

Has there ever been any discussion about getting your shares on an exchange. Like with a passthru or whatever? I think the nastyfans site is great but I think nastymining could get alot more popular if it was on an exchange. Is it possible?

I've thought about running a micro-share pass-thru on BitFunder. It might be something I would consider in the future. I think nonnakip has some cool stuff on the way for NastyFans though.

If there is ever going to be a passthru, I would recommend Havelockinvestments! I'm curious as to what more is in store for the Nastyfans!

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

Quote from: redbeans2012 on July 21, 2013, 06:48:32 PM

Has there ever been any discussion about getting your shares on an exchange. Like with a passthru or whatever? I think the nastyfans site is great but I think nastymining could get alot more popular if it was on an exchange. Is it possible?

I've thought about running a micro-share pass-thru on BitFunder. It might be something I would consider in the future. I think nonnakip has some cool stuff on the way for NastyFans though.

redbeans2012

hero member

Activity: 887

Merit: 1000

Has there ever been any discussion about getting your shares on an exchange. Like with a passthru or whatever? I think the nastyfans site is great but I think nastymining could get alot more popular if it was on an exchange. Is it possible?

I realize the whole GLBSE thing was a pain in the ass which is why we are where we are .

Thanks.

kroneko

member

Activity: 140

Merit: 27

Quote from: OgNasty on July 20, 2013, 03:09:39 PM

NastyFan kosmokramer has generously donated a USB Block Eruptor to NASTY MINING. Thanks kosmo!

Thanks kosmokramer!!!

crosby

sr. member

Activity: 366

Merit: 250

#RIP freemoney

Quote from: OgNasty on July 20, 2013, 03:09:39 PM

NastyFan kosmokramer has generously donated a USB Block Eruptor to NASTY MINING. Thanks kosmo!

Great news ! super kosmo

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

NastyFan kosmokramer has generously donated a USB Block Eruptor to NASTY MINING. Thanks kosmo!

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

Quote from: redbeans2012 on July 19, 2013, 08:28:01 PM

Quote from: ?? on ??

Sweet, thanks for the update.

With the way hardware has been selling there might be big money going into mining operations and production should start ramping up soon. That could end up in a dog eats dog hardware race that makes keeping up way too costly until most run out of funds. Hopefully not but any thoughts something like that happening?

I was wondering the same thing. How can we keep up with those that mine and sell chips? Any ideas OG?

Yes.

Give it some time. Things are happening behind the scenes.

redbeans2012

hero member

Activity: 887

Merit: 1000

Quote from: ?? on ??

Sweet, thanks for the update.

With the way hardware has been selling there might be big money going into mining operations and production should start ramping up soon. That could end up in a dog eats dog hardware race that makes keeping up way too costly until most run out of funds. Hopefully not but any thoughts something like that happening?

I was wondering the same thing. How can we keep up with those that mine and sell chips? Any ideas OG?

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

I successfully placed a 500GH/s Miner order with Butterfly Labs using the 25% discount code to save over $5,600 on the retail price. This move should ensure that NASTY MINING has over 1TH/s in place by the end of the year.

The PSU I ordered was shipped today. With any luck, we'll be back to mining scrypt coins next Tuesday.

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