📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) - page 183.

kuzetsa

sr. member

Activity: 369

Merit: 250

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

((...snip...))
CURRENTLY OPERATING:
7,488MH/s
((...snip...))

...

Quote from: OgNasty on December 14, 2012, 07:06:10 PM

Quote from: kuzetsa on December 14, 2012, 07:02:26 PM

Can someone remind me again what the percentages were supposed to be for electricity overhead not to hurt ognasty's continued mining?

Electricity is paid out of my own pocket, so it doesn't matter.

Then where is the other ~~40%~~ 45% of the theoretical mined bitcoin going?

I'm certain I did the math correctly & used the right syntax with gribble.

(edit: just looked again at the ratio between expected mining versus promised "donation" distribution)

OgNasty

donator

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Leading Crypto Sports Betting & Casino Platform

Quote from: kuzetsa on December 14, 2012, 07:02:26 PM

Can someone remind me again what the percentages were supposed to be for electricity overhead not to hurt ognasty's continued mining?

Electricity is paid out of my own pocket, so it doesn't matter.

kuzetsa

sr. member

Activity: 369

Merit: 250

Quote from: nonnakip on December 14, 2012, 06:13:07 PM

5568 seats accepting donations

Cool. Thanks, that should be fun.

... that math even checks out
(kinda-sorta... I think it looks right? eh, whatever I'll just post my "conversation" with the #bitcoin-otc gribble bot)

Code:

[18:55:14]  genrate 7488
[18:55:15]  The expected generation output, at 7488.0 Mhps, given difficulty of 3370181.79928, is 1.11739415889 BTC per day and 0.0465580899537 BTC per hour.
[18:56:11]  calc 5568 * 0.00077423
[18:56:11]  4.31091264
[18:56:38]  calc 1.11739415889 * 7
[18:56:38]  7.82175911223
[18:56:52]  calc 4.31091264 / 7.82175911223
[18:56:52]  0.551143621038

Can someone remind me again what the percentages were supposed to be for electricity overhead not to hurt ognasty's continued mining?

Was months ago on this thread, and I'm rather lazy, so can't be arsed to dig back 10-25 pages looking for it.

nonnakip

hero member

Activity: 640

Merit: 591

I will activate the donation distribution on 2012-12-17. Soon after that I will start a poll to decide about unowned seats.

Here are the statistics right now:

359 seats unclaimed
5568 seats accepting donations

This means 0.00077423 BTC per seat if the distribution was right now.

The real numbers for 2012-12-17 will be different but maybe similar.

kuzetsa

sr. member

Activity: 369

Merit: 250

Quote from: zero3112 on December 13, 2012, 09:01:27 PM

Makes sense if it is BTC Guild and the payment threshold is set to 1BTC.

Indeed.

Thanks for pointing out & clarifying on the bit I left out

zero3112

hero member

Activity: 588

Merit: 500

Makes sense if it is BTC Guild and the payment threshold is set to 1BTC.

kuzetsa

sr. member

Activity: 369

Merit: 250

Quote from: bitfair on December 13, 2012, 12:07:24 PM

It's weird how the donation address has been receiving exactly 1 BTC at exactly the same time every day, down to the second. That does not look like normal mining profits to me (but could possibly be a string of coincidences) - what's the deal with that?

huh? Looks reasonably normal to me:

...Two of the three transactions for "exactly 1 BTC" look like they originated from coins mined and distributed by BTC Guild.

Blockchain.info lookup of address owned by BTC Guild

.... see also: BTCGuild's website showing the blocks they've mined

OgNasty

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Leading Crypto Sports Betting & Casino Platform

Quote from: bitfair on December 13, 2012, 12:07:24 PM

It's weird how the donation address has been receiving exactly 1 BTC at exactly the same time every day, down to the second. That does not look like normal mining profits to me (but could possibly be a string of coincidences) - what's the deal with that?

Last night I upgraded cgminer and am now mining on a few different pools that support the stratum mining protocol. This will most likely resort in a deviation from the above mentioned string of coincidences.

bitfair

sr. member

Activity: 362

Merit: 250

Quote from: OgNasty on December 12, 2012, 08:15:20 PM

Quote from: ErebusBat on December 12, 2012, 05:46:06 PM

Quote from: OgNasty on December 12, 2012, 04:00:43 PM

Quote from: ErebusBat on December 12, 2012, 03:29:17 PM

Quote from: OgNasty on December 12, 2012, 03:27:33 PM

I'm glad nonnakip is holding off on donation distributions for now.

To clarify who is responsible for the coins in that address: you, nonnakip, or both?

nonnakip owns the address. My only interaction with the site is as a fan, just like everyone else.

I assumed that the address is where the payouts from mining go, is that correct?

That address is where donations to nastyfans: the unofficial fanclub of NASTY MINING go.

It's weird how the donation address has been receiving exactly 1 BTC at exactly the same time every day, down to the second. That does not look like normal mining profits to me (but could possibly be a string of coincidences) - what's the deal with that?

https://blockchain.info/address/1EwtTKJaXAtctSFqCQKU3LiCg9dqYPEkxN

l3sny

hero member

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OgNasty

donator

Activity: 4760

Merit: 4323

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Quote from: l3sny on December 12, 2012, 11:51:28 PM

When can we see all the figures?

Patience young padawan.

l3sny

hero member

Activity: 859

Merit: 1000

so now only the purchased seats are getting 100% of the donations right? Or will be getting starting from Saturday?
When can we see all the figures?

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

Quote from: OgNasty on December 08, 2012, 07:40:41 PM

Quote from: DutchBrat on December 08, 2012, 07:36:50 PM

That is some heavy dilution. Who holds those additional 17.000 smtg seats?

I am in control of those seats. They will not be receiving any donations until ASICs are up and running.

ErebusBat

hero member

Activity: 560

Merit: 500

I am the one who knocks

Quote from: l3sny on December 12, 2012, 11:35:41 PM

well... as long as we do not know how much each seat gets nothing much can be said of the price of the seat.
besides I understand that the seats which have not bee purchased have no holder to decide. In other words where the BTC goes?

I think OgNasty owns them, but if they are getting donations or not is unknown.

Also I think it is 'on the list' to add how many seats are accepting donations.

l3sny

hero member

Activity: 859

Merit: 1000

well... as long as we do not know how much each seat gets nothing much can be said of the price of the seat.
besides I understand that the seats which have not been purchased have no holder to decide. In other words where the BTC goes?

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

Quote from: novusordo on December 12, 2012, 10:41:12 PM

All 25000 "seats" are getting "donations" now? Was it like that on GLBSE, or was it only the shares on the public market that received dividends?

Each seat holder has the right to decide whether or not to accept donations. For that reason, I don't see it being a drastic change.

novusordo

sr. member

Activity: 800

Merit: 250

Quote from: nonnakip on December 12, 2012, 04:14:15 PM

Quote from: OgNasty on December 12, 2012, 04:00:43 PM

It is my understanding that donations to that address will be distributed after 6 confirmations once the unclaimed seats are dealt with.

Correct. Except when the donation is too small to be divided into 25000 seats. Then it is distributed with the next donation. The nastyfans policy talks about this.

All 25000 "seats" are getting "donations" now? Was it like that on GLBSE, or was it only the shares on the public market that received dividends?

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

Quote from: ErebusBat on December 12, 2012, 05:46:06 PM

Quote from: OgNasty on December 12, 2012, 04:00:43 PM

Quote from: ErebusBat on December 12, 2012, 03:29:17 PM

Quote from: OgNasty on December 12, 2012, 03:27:33 PM

I'm glad nonnakip is holding off on donation distributions for now.

To clarify who is responsible for the coins in that address: you, nonnakip, or both?

nonnakip owns the address. My only interaction with the site is as a fan, just like everyone else.

I assumed that the address is where the payouts from mining go, is that correct?

That address is where donations to nastyfans: the unofficial fanclub of NASTY MINING go.

ErebusBat

hero member

Activity: 560

Merit: 500

I am the one who knocks

Quote from: OgNasty on December 12, 2012, 04:00:43 PM

Quote from: ErebusBat on December 12, 2012, 03:29:17 PM

Quote from: OgNasty on December 12, 2012, 03:27:33 PM

I'm glad nonnakip is holding off on donation distributions for now.

To clarify who is responsible for the coins in that address: you, nonnakip, or both?

nonnakip owns the address. My only interaction with the site is as a fan, just like everyone else.

I assumed that the address is where the payouts from mining go, is that correct? Or do you have to transfer them into the fan club address?

nonnakip

hero member

Activity: 640

Merit: 591

Quote from: OgNasty on December 12, 2012, 04:00:43 PM

It is my understanding that donations to that address will be distributed after 6 confirmations once the unclaimed seats are dealt with.

Correct. Except when the donation is too small to be divided into 25000 seats. Then it is distributed with the next donation. The nastyfans policy talks about this.

Topic: 📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) - page 183. (Read 959607 times)