📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) - page 167.

kibblesnbits

hero member

Activity: 557

Merit: 500

Quote from: kroneko on March 08, 2013, 06:39:54 AM

Know BFL's thinking they may get some of the first orders out by the end of next week - any word yet to send in the FPGA units? Also, thought I saw another post somewhere that said you may have the option of doing a deposit and ship the FPGA's back once you get the ASICs. Just was curious and figured you'll [OgNasty] be the first to know of anyone Grin

I'm in the very low 1800s order number and no email yet. Og is before me but not by a separate shipping date (I hope)

flipperfish

sr. member

Activity: 350

Merit: 251

Dolphie Selfie

Quote from: kuzetsa on March 08, 2013, 03:19:17 AM

Quote from: OgNasty on July 01, 2012, 04:26:17 PM

Quote from: OgNasty on June 24, 2012, 01:02:27 PM

UPDATE:
A Motion has been raised to update the terms of our contract to reflect the higher output of our newly ordered ASIC mining equipment. Please vote.

https://glbse.com/vote/view/78

This Motion passed with over 97% of the //outstanding shares// voting 'Yea' to update the contract to reflect the new ASIC upgrade.

I've requested this update with GLBSE support and we should see it reflected in the contract soon.

That was from like 8-10 months ago (it's like 3 in the morning here, so "8-10 months" is close enough mathing for this hour of the night) ... but like, I just realized something... previously, the majority were "treasury shares" back on GLBSE with no voting power or dividends (distributions of donation in the new nastyfans fanclub thingy) ... who is controlling the votes on these "seats" now that everything is on nastyfans.org? It's very different than the way things were handled previously -- On GLBSE, things were more "normal-like" where a distinction was made between:

outstanding shares (regular members / users / shareholders)
treasury shares (no voting rights or distributions / dividends)

So what's going on?

As far as I know, OgNasty owns the treasury "seats" (25000-~7000 outstanding=18000) now. He said he will activate donations for them as soon as ASICs arrive.
When I bought my shares at GLBSE I was in the belief, that these shares are "stock", which are sold at a later point in time, to raise money for expansion. As it turned out, I misinterpreted that somehow.

kroneko

member

Activity: 140

Merit: 27

Know BFL's thinking they may get some of the first orders out by the end of next week - any word yet to send in the FPGA units? Also, thought I saw another post somewhere that said you may have the option of doing a deposit and ship the FPGA's back once you get the ASICs. Just was curious and figured you'll [OgNasty] be the first to know of anyone Grin

kuzetsa

sr. member

Activity: 369

Merit: 250

Quote from: OgNasty on July 01, 2012, 04:26:17 PM

Quote from: OgNasty on June 24, 2012, 01:02:27 PM

UPDATE:
A Motion has been raised to update the terms of our contract to reflect the higher output of our newly ordered ASIC mining equipment. Please vote.

https://glbse.com/vote/view/78

This Motion passed with over 97% of the //outstanding shares// voting 'Yea' to update the contract to reflect the new ASIC upgrade.

I've requested this update with GLBSE support and we should see it reflected in the contract soon.

That was from like 8-10 months ago (it's like 3 in the morning here, so "8-10 months" is close enough mathing for this hour of the night) ... but like, I just realized something... previously, the majority were "treasury shares" back on GLBSE with no voting power or dividends (distributions of donation in the new nastyfans fanclub thingy) ... who is controlling the votes on these "seats" now that everything is on nastyfans.org? It's very different than the way things were handled previously -- On GLBSE, things were more "normal-like" where a distinction was made between:

outstanding shares (regular members / users / shareholders)
treasury shares (no voting rights or distributions / dividends)

So what's going on?

Quote from: nonnakip on February 08, 2013, 07:39:03 PM

[member opinion] cancel bASIC orders with BTCFPGA
   no: 2650 (10.8%)
   yes: 21867 (89.2%)
   abstain: 145
   RESULT: CANCEL bASIC ORDERS WITH BTCFPGA

Note there were only 145 "abstain" votes... and again with this vote:

Quote from: nonnakip on February 12, 2013, 06:37:54 PM

[unowned seats] lottery for unclaimed seats
   no: 2655 (10.8%)
   yes: 21963 (89.2%)
   abstain: 44
   RESULT: HOST A LOTTERY FOR UNOWNED SEATS

that one only had 44 abstains.

plasticAiredale

full member

Activity: 207

Merit: 120

You're the bee's knees there Oggy!

Very interested in hearing more about the top secret plans. Does it involve a monkey?

l3sny

hero member

Activity: 859

Merit: 1000

Thx Nasty, you're star! I am so happy to be one of the Nastyfans Cool

Akka

legendary

Activity: 1232

Merit: 1001

Quote from: kroneko on March 06, 2013, 04:44:20 PM

Quote from: OgNasty on March 06, 2013, 04:01:47 PM

...some of you may have noticed that while the difficulty has begun skyrocketing, our donations have barely budged. This is due to me pointing a few of my personal miners at the NASTY MINING pool address (listed in the OP) along with continued donations to the club.

I was wondering how that was being maintained! Thanks OgNasty! We appreciate your hard work and generosity!

Wow! Thank you.

I was wondering how the donations could stay so stable, too.

That's much appreciated.

kroneko

member

Activity: 140

Merit: 27

Quote from: OgNasty on March 06, 2013, 04:01:47 PM

...some of you may have noticed that while the difficulty has begun skyrocketing, our donations have barely budged. This is due to me pointing a few of my personal miners at the NASTY MINING pool address (listed in the OP) along with continued donations to the club.

I was wondering how that was being maintained! Thanks OgNasty! We appreciate your hard work and generosity!

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

Our bASIC orders are pending a refund so that is where you guys (gals?) are getting different numbers. What happens there is anyone's guess.

Also, it may appear that I'm sitting on my thumbs with regards to NASTY MINING but there are 2 separate projects being worked on by nonnakip and myself that will take both NASTY MINING & NastyFans to the next level. In addition to those as of now top secret plans, some of you may have noticed that while the difficulty has begun skyrocketing, our donations have barely budged. This is due to me pointing a few of my personal miners at the NASTY MINING pool address (listed in the OP) along with continued donations to the club. Hopefully my generosity is appreciated while we all deal with the excruciating wait for NASTY MINING to become an ASIC powerhouse. I suspect that the next few months will bring us all lots of excitement and even more fun in ways that aren't currently being anticipated.

Yogafan00000

sr. member

Activity: 314

Merit: 251

Quote from: kuzetsa on March 05, 2013, 05:00:11 PM

@Yogafan00000 -- The ASICs we have ordered are 60GH/s each. How did you come up with your total of 750?

Quote from: OgNasty on June 10, 2012, 08:31:41 PM

@Yogafan00000 -- I don't think you did the math right:

Quote from: OgNasty on January 27, 2013, 02:10:36 PM

Currently, we have an estimated 29.76MH/s in ASICs ordered per seat (including mine). That is roughly a 3,000% increase over today's MH/s per seat. I have also started brainstorming a plan to increase our...

My math is right, you are using information that is out of date!

I did 25,000 x ~30MH/s = 750GH/s, but I'll forgive you because I'm wrong about the $40. It's now $46! So we will all be even moar rich! Shocked

nonnakip

hero member

Activity: 633

Merit: 591

Quote from: Yogafan00000 on March 05, 2013, 09:35:09 AM

When the 750Gh/s from BFL comes online NastyFans will be mining 65BTC per day!

You mean NASTY MINING will be mining many BTC per day. nastyfans does not mine.

Quote from: Yogafan00000 on March 05, 2013, 09:35:09 AM

At $40 a piece, we are all going to be rich! Shocked

If the fanclub receives many donations we may be rich. Either way I will dance in the street when OgNasty finally gets the Singles. Then things get really fun.

kuzetsa

sr. member

Activity: 369

Merit: 250

Quote from: Yogafan00000 on March 05, 2013, 09:35:09 AM

When the 750Gh/s from BFL comes online NastyFans will be mining 65BTC per day! At $40 a piece, we are all going to be rich! Shocked

@Yogafan00000 -- The ASICs we have ordered are 60GH/s each. How did you come up with your total of 750?

Quote from: OgNasty on June 10, 2012, 08:31:41 PM

EQUIPMENT ORDERED:
10x BitForce Single 'SC' 60GH/s
~~2x BTCFPGA bASIC 72GH/s~~ - refund pending

@Yogafan00000 -- I don't think you did the math right:

10 x 60 = 600

EDIT: I just confirmed, it looks like 60GH/s is still the currently stated "design specs"
... http://products.butterflylabs.com/featured-products/60gh-bitcoin-miner.html

Quote from: Official BFL product page for BitForce Single SC

60 GH/s Bitcoin Miner
...
Processing Power: 60 GH/s (+/- 10% running variance)
Power Consumption: Approximately 60 Watts

Yogafan00000

sr. member

Activity: 314

Merit: 251

When the 750Gh/s from BFL comes online NastyFans will be mining 65BTC per day! At $40 a piece, we are all going to be rich! Shocked

Carnth

hero member

Activity: 634

Merit: 500

Who ever did this, thanks for the laugh:

nonnakip

hero member

Activity: 633

Merit: 591

Distribution 223791 is complete.

The fanclub says thank you for all donations big and small.

Carnth

hero member

Activity: 634

Merit: 500

Quote from: 🏰 TradeFortress 🏰 on February 28, 2013, 06:10:07 PM

Deleting posts to retain a leet post count?

Et tu TradeFortress?

🏰 TradeFortress 🏰

vip

Activity: 1316

Merit: 1043

👻

Quote from: OgNasty on February 28, 2013, 04:42:00 PM

Quote from: kuzetsa on February 28, 2013, 04:32:27 PM

Quote from: NastyFans Policy page

for a poll choice to result in a action there must be at least a three-fourths majority for that poll choice (seats owned by a membership in suspension have no voting rights and are not counted)

ok so ... even though I voted 50% I'd be happy with any non-zero amount of re-investment... Basically, we're not gonna have a stalemate here because it's not technically a policy-changing poll?

... like gonna re-issue a poll so we can enact the policy once the most popular "percentage to reinvest" is determined or what?

This is just an opinion poll. I imagine it will lead us to determine what amount would be appropriate for a policy change poll to create a savings account for future NASTY MINING purchases. I will have to discuss with nonnakip how the savings will be handled and who will be responsible for safeguarding it.

Deleting posts to retain a leet post count?

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

Quote from: kuzetsa on February 28, 2013, 04:32:27 PM

Quote from: NastyFans Policy page

for a poll choice to result in a action there must be at least a three-fourths majority for that poll choice (seats owned by a membership in suspension have no voting rights and are not counted)

ok so ... even though I voted 50% I'd be happy with any non-zero amount of re-investment... Basically, we're not gonna have a stalemate here because it's not technically a policy-changing poll?

... like gonna re-issue a poll so we can enact the policy once the most popular "percentage to reinvest" is determined or what?

This is just an opinion poll. I imagine it will lead us to determine what amount would be appropriate for a policy change poll to create a savings account for future NASTY MINING purchases. I will have to discuss with nonnakip how the savings will be handled and who will be responsible for safeguarding it.

kuzetsa

sr. member

Activity: 369

Merit: 250

Quote from: nonnakip on February 23, 2013, 10:24:21 AM

((...snip...))
Please write what you want to see in a membership opinion poll. Because it is just opinion poll maybe we include different percent to vote on. Then we see how many members want what percent. For example:

0%
10%
25%
50%
75%
100%

After we see opinions we can choose the percent for a official fundraiser poll.

Quote from: NastyFans Policy page

for a poll choice to result in a action there must be at least a three-fourths majority for that poll choice (seats owned by a membership in suspension have no voting rights and are not counted)

ok so ... even though I voted 50% I'd be happy with any non-zero amount of re-investment... Basically, we're not gonna have a stalemate here because it's not technically a policy-changing poll?

... like gonna re-issue a poll so we can enact the policy once the most popular "percentage to reinvest" is determined or what?

nonnakip

hero member

Activity: 633

Merit: 591

Quote from: Newar on February 24, 2013, 06:40:48 AM

There is a delay. Thought the exact same thing. I see that my 256 are confirmed now ^_^

Your vote is saved immediately. The standings are updated within 5 minutes in a batch job. This way the website stays fast and is not busy recalculating standings after every vote. Maybe I add a note about this to avoid future confusion.

Topic: 📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) - page 167. (Read 958972 times)