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Topic: 📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) - page 150. (Read 958972 times)

member
Activity: 93
Merit: 10
We have more 60Ghz on order correct?  When do we expect those to arrive?
member
Activity: 95
Merit: 10
Got a few questions, no major rush to answer them  Cool

1) Is there any reason you dont show BTC holding in OP
2) For other coins mined what is plan for these e.g convert to BTC and what frequency?
3) For the other shares we have bought are we realising these or are they pending?
4) as others show us the miner pr0n Cheesy

Thanks and keep up the great work!

No problem.

1) Yes.  I transferred the funds out of NASTY MINING's holdings this morning and into BitFunder.  I've been considering making another asset purchase as the Graet.Loan shares seemed lonely.  When the wallet is empty (as the BTC & FTC wallets currently are) the image displaying the balance disappears.  I'll let more BTC accumulate now that we'll be getting larger distributions.
2) We will be saving these until a proper way to redeem your share of them for BTC has been put in place.  This is currently under development.
3) Not sure I understand the question.  If you're referring to the Graet.Loan shares, I'm holding them to get a return on BTC instead of having it sitting there.  I'd like to continue to explore alternative BTC revenue streams.
4) Soon.  I'm still playing with different configurations to see what keeps temps down the best.

You're welcome!

Thanks OgNasty, very informative Smiley
member
Activity: 106
Merit: 10
Nice!

I found out about Nasty Mining by watching my P2Pool client, noticing the recent domination.  So, I bought a seat at the fan club.  Very cool!
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Got a few questions, no major rush to answer them  Cool

1) Is there any reason you dont show BTC holding in OP
2) For other coins mined what is plan for these e.g convert to BTC and what frequency?
3) For the other shares we have bought are we realising these or are they pending?
4) as others show us the miner pr0n Cheesy

Thanks and keep up the great work!

No problem.

1) Yes.  I transferred the funds out of NASTY MINING's holdings this morning and into BitFunder.  I've been considering making another asset purchase as the Graet.Loan shares seemed lonely.  When the wallet is empty (as the BTC & FTC wallets currently are) the image displaying the balance disappears.  I'll let more BTC accumulate now that we'll be getting larger distributions.
2) We will be saving these until a proper way to redeem your share of them for BTC has been put in place.  This is currently under development.
3) Not sure I understand the question.  If you're referring to the Graet.Loan shares, I'm holding them to get a return on BTC instead of having it sitting there.  I'd like to continue to explore alternative BTC revenue streams.
4) Soon.  I'm still playing with different configurations to see what keeps temps down the best.

You're welcome!
member
Activity: 95
Merit: 10
Got a few questions, no major rush to answer them  Cool

1) Is there any reason you dont show BTC holding in OP
2) For other coins mined what is plan for these e.g convert to BTC and what frequency?
3) For the other shares we have bought are we realising these or are they pending?
4) as others show us the miner pr0n Cheesy

Thanks and keep up the great work!
member
Activity: 140
Merit: 27
Very cluttered.  I got everything running, and for the most part our ASICs look nice and happy.  The 5 remaining FPGAs waiting to be sent back are pretty much thrown around the room.  I'll get it cleaned up after a shower and some rest.  Perhaps tomorrow (or soon) I'll post some miner pr0n.

Any miner pr0n by chance?  Grin  Also - heard some got extras from BFL, did you get anything?  If so - please post pics with the miner pr0n, thanks Nasty!
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Pretty exciting to see the first donation roll in!

How do these donations work? I can't tell if i've received mine or not.

Equilux was referring to the donation hitting the 1Nasty address.  Donations are distributed to NastyFans every Friday and are sent to the donation address you specify in the settings tab on NastyFans.org.
member
Activity: 126
Merit: 16
Pretty exciting to see the first donation roll in!

How do these donations work? I can't tell if i've received mine or not.
sr. member
Activity: 353
Merit: 251
Pretty exciting to see the first donation roll in!
hero member
Activity: 633
Merit: 591
From what I understand, each seat is currently around half a BTC, and each seat represents a share of the current total mining hash rate, which right now is a bit above 10 Mhash/s per seat.

There is obviously something more going on since that is way too much for such a small hash rate per seat, so I want to ask, what else is there?

When people bought seats in December 2012 there was 1MH/s per seat. Those same seats now have >10MH/s per seat. In a few months maybe that goes to 20 MH/s per seat.

With NASTY MINING reinvesting 25% to itself new hardware is purchased for future.

The MH/s per seat increases without any cost to fanclub members. Longterm fans already know this.
member
Activity: 140
Merit: 27
Hopefully this is a good place to ask. From what I understand, each seat is currently around half a BTC, and each seat represents a share of the current total mining hash rate, which right now is a bit above 10 Mhash/s per seat.

There is obviously something more going on since that is way too much for such a small hash rate per seat, so I want to ask, what else is there? Are there more BFL rigs ordered, avalon rigs ordered, other ASIC's ordered? I see that there is a screenshot a page before showing that there are 320Ghash/s of ordered rigs , but that would pull the seat share rate only a tiny bit higher based on the current total share rate being 270 Ghash/s, which still does not seem worth the current seat price.

Also, you all seem like a very light hearted and happy bunch, which is very refreshing on the securities sub forum!

Thanks for stopping by!  I think you raise some good points about the price per seat being a little high compared to the current hashing speed per share.   However, I think most seats are held by individuals with longer term investment plans, as a considerable amount of donations go toward reinvestments and these are largely diversified nicely, see OP for reference.   Nasty has also been incredibly transparent and quick to respond along with Nonnakip being great with running the fan club.   Ultimately, we have a level of trust and transparency which keeps the drama to a minimum, and it has built a ton of confidence in seat owners that it isn't a fly by night operation.   I think when you consider these factors along with the fact that we just received our first batch of asics, the value per seat I still believe is actually a little underpriced.   Peace of mind is worth a lot in my opinion, and I've yet to have a reason to worry about my investment here.   
full member
Activity: 172
Merit: 100
Hopefully this is a good place to ask. From what I understand, each seat is currently around half a BTC, and each seat represents a share of the current total mining hash rate, which right now is a bit above 10 Mhash/s per seat.

There is obviously something more going on since that is way too much for such a small hash rate per seat, so I want to ask, what else is there? Are there more BFL rigs ordered, avalon rigs ordered, other ASIC's ordered? I see that there is a screenshot a page before showing that there are 320Ghash/s of ordered rigs , but that would pull the seat share rate only a tiny bit higher based on the current total share rate being 270 Ghash/s, which still does not seem worth the current seat price.

Also, you all seem like a very light hearted and happy bunch, which is very refreshing on the securities sub forum!
legendary
Activity: 947
Merit: 1008
central banking = outdated protocol
  Perhaps tomorrow (or soon) I'll post some miner pr0n.

Woohoo!
sr. member
Activity: 353
Merit: 251
Awesome, I see the new units have arrived!!!

You let the cat out of the bag!   Grin

Yes, our new units have arrived and are hashing away with only a little bloodshed (those BFL cases are sharp)!  We've also begun mining FTC with our GPU miner's CPU.  The OP will eventually be updated showing our FeatherCoin wallet balance.  That brings us to currently mining BTC/LTC/NMC/FTC/IXC/DVC.  Very exciting!

EDIT: This brings us to over 10MH/s per seat!

Great news! Thanks for your ongoing effort! And still 5 more are expected to arrive, can't wait! Oh I remember the picture you took of a mostly empty room, how are things looking now? Smiley

Very cluttered.  I got everything running, and for the most part our ASICs look nice and happy.  The 5 remaining FPGAs waiting to be sent back are pretty much thrown around the room.  I'll get it cleaned up after a shower and some rest.  Perhaps tomorrow (or soon) I'll post some miner pr0n.

Cool, no rush Smiley
Oh and just the other day I thought about something in regards to the BFL singles; when BFL first announced their Singles they said they would be 60GH, then later they announced they would be 50GH. Now if my memory serves me correctly they also said people who ordered 60GH singles would be receiving hardware for 60GH. Have you heard anything about that from BFL?
hero member
Activity: 634
Merit: 500
Perhaps tomorrow (or soon) I'll post some miner pr0n.

Yes!  Grin
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Awesome, I see the new units have arrived!!!

You let the cat out of the bag!   Grin

Yes, our new units have arrived and are hashing away with only a little bloodshed (those BFL cases are sharp)!  We've also begun mining FTC with our GPU miner's CPU.  The OP will eventually be updated showing our FeatherCoin wallet balance.  That brings us to currently mining BTC/LTC/NMC/FTC/IXC/DVC.  Very exciting!

EDIT: This brings us to over 10MH/s per seat!

Great news! Thanks for your ongoing effort! And still 5 more are expected to arrive, can't wait! Oh I remember the picture you took of a mostly empty room, how are things looking now? Smiley

Very cluttered.  I got everything running, and for the most part our ASICs look nice and happy.  The 5 remaining FPGAs waiting to be sent back are pretty much thrown around the room.  I'll get it cleaned up after a shower and some rest.  Perhaps tomorrow (or soon) I'll post some miner pr0n.
sr. member
Activity: 353
Merit: 251
Awesome, I see the new units have arrived!!!

You let the cat out of the bag!   Grin

Yes, our new units have arrived and are hashing away with only a little bloodshed (those BFL cases are sharp)!  We've also begun mining FTC with our GPU miner's CPU.  The OP will eventually be updated showing our FeatherCoin wallet balance.  That brings us to currently mining BTC/LTC/NMC/FTC/IXC/DVC.  Very exciting!

EDIT: This brings us to over 10MH/s per seat!

Great news! Thanks for your ongoing effort! And still 5 more are expected to arrive, can't wait! Oh I remember the picture you took of a mostly empty room, how are things looking now? Smiley
hero member
Activity: 633
Merit: 591
P2Pool hashrate going up up up. Smiley
sr. member
Activity: 362
Merit: 250
Awesome, I see the new units have arrived!!!

You let the cat out of the bag!   Grin

Yes, our new units have arrived and are hashing away with only a little bloodshed (those BFL cases are sharp)!  We've also begun mining FTC with our GPU miner's CPU.  The OP will eventually be updated showing our FeatherCoin wallet balance.  That brings us to currently mining BTC/LTC/NMC/FTC/IXC/DVC.  Very exciting!

EDIT: This brings us to over 10MH/s per seat!

Great news! Thank you for all your hard work and dedication, OgNasty, it is greatly appreciated.

Edit: Also a huge round of applause for Mr. President Nonnakip!
member
Activity: 126
Merit: 16
Awesome, I see the new units have arrived!!!

You let the cat out of the bag!   Grin

Yes, our new units have arrived and are hashing away with only a little bloodshed (those BFL cases are sharp)!  We've also begun mining FTC with our GPU miner's CPU.  The OP will eventually be updated showing our FeatherCoin wallet balance.  That brings us to currently mining BTC/LTC/NMC/FTC/IXC/DVC.  Very exciting!

Awesome news!!
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