Topic: 📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) - page 200. (Read 957542 times)

No, we aren't.  After BTCST defaulted, GPUMAX went several days without making payments for our mining.  I also noticed that the shares being submitted weren't accurately being reflected in the GPUMAX statistics.  That was a major concern, and I still can't understand why people are using GPUMAX after learning that the operator is a confirmed scammer that made off with nearly $5,000,000 worth of BTC.  The announcement was made on this thread.  Here is the link to that post: https://bitcointalksearch.org/topic/m.1141383

 what?!

we're not using GPUMAX anymore?

Below is a list of coins mined during the last dividend period.  As you can see, there appears to have been some sort of outage on the 13th thru the 14th.  I cannot explain that outage definitively yet, but wanted to post the information I have available to try and calm the nerves of investors and add transparency to the operation.

0.22087813  -   2012-09-08 16:52:51
0.19576715  -   2012-09-08 21:22:29
0.17638939  -   2012-09-09 00:03:43
0.20572446  -   2012-09-09 05:28:03
0.22609714  -   2012-09-09 22:08:54
0.19140921  -   2012-09-09 23:01:49
0.34084132  -   2012-09-10 01:17:04
0.37728242  -   2012-09-10 06:13:58
0.30797424  -   2012-09-10 18:23:45
0.30090788  -   2012-09-10 20:11:39
0.24838751  -   2012-09-10 23:47:47
0.22139757  -   2012-09-11 00:14:32
0.22132877  -   2012-09-11 02:56:38
0.23202216  -   2012-09-11 06:33:21
0.27002168  -   2012-09-11 16:01:00
0.22036827  -   2012-09-11 17:48:25
0.56940189  -   2012-09-11 22:45:11
0.16881764  -   2012-09-12 01:54:01
0.23877819  -   2012-09-12 07:44:46
0.21422582  -   2012-09-12 08:39:05
0.92706078  -   2012-09-12 11:49:13
0.13869136  -   2012-09-12 18:07:11
0.03863047  -   2012-09-13 13:01:29
0.14333254  -   2012-09-14 18:16:04
0.14586867  -   2012-09-15 00:33:51
0.17909209  -   2012-09-15 01:01:20
0.16960782  -   2012-09-15 03:17:07
0.34632228  -   2012-09-15 06:27:01
0.13799592  -   2012-09-15 08:14:44
0.15677564  -   2012-09-15 08:42:11
0.21511832  -   2012-09-15 14:06:18
0.52967459  -   2012-09-15 15:53:32

Thank you for that bit of information.  Perhaps we should stop using MtRed?  Would shareholders like to weigh in on this?

---

Thank you.

If you've been using MtRed as one of your pools then that could certainly explain the decrease this week. I'm not exactly sure what or how many days it was down, but it was easily down half of last week, and seems to go down often. If you're looking for another pool, I would suggest BitMinter or perhaps 50BTC if you want less variance.

Someone complained about my link to GPUMAX, BTCST & even accused me of being pirateat40 himself.  For that reason I severed all ties with pirateat40, including the pirate in my avatar.  I will make sure to mention future avatar changes in this thread and my reasoning behind them.

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I am sorry that I don't have an explanation.  I will look into this further and see what the cause is.  My guess is that it either has something to do with my home internet connection going down for a period of time, delayed payouts from one of our pools (Ozcoin or MtRed), or maybe a delay in the Blockexplorer site that caused the coins mined to appear less than the actual.  I will look into this issue further and see if I can find the exact cause.  Hopefully within the next few hours.  I will post my findings.  Once the issue is found, I will do my best to resolve it.

---

I'm still waiting for Nefario to add the last dividend paid per share to the API.  Right now the Dividend & P/E Ratio are based off a manually updated dividend paid per share amount.  I am not able to update that at the moment, because I am away from the machine that is used for these scripts.  It will be updated soon.  As far as how can I be trusted...  I'd like to think that one week of a slightly lower dividend payment wouldn't cost me all the trust I've accumulated over the last 15 months of being an active Bitcoiner.  I will try to get to the bottom of what happened, but things do happen.  I didn't do anything to lose trust here.  All pool payments are made directly from the pool to our GLBSE account.  Both the pool operators and Nefario would be able to confirm this and I would rather go that route then to have people lining up with pitchforks.

Somehow I think you have misspoke when you explained the new statistics.

The past 3 weeks, value has been going up every week (for annual dividend thingy) and it went up yet again even though this week the dividend went way down. What bogus math is this? How can I trust you anymore?

edited to add:

quote from edited original post:


I just worked it out. If the 23.2% were correct, the dividend per share would be 0.0024707 BTC


but this week's dividend was 0.00116311

suddenly down to 0.00116311 per share with no explanation? (unreasonable or otherwise)

If this sort of unreliable activity persists after the ASICs arrive...

uhm...

Please fix it before then.

Edited to add:

https://docs.google.com/spreadsheet/ccc?key=0AmcTCtjBoRWUdHVRMHpqWUJValI1RlZiaEtCT1RrQmc#gid=0

http://blockexplorer.com/q/getdifficulty

Interesting how the pirate disappeared in your avatar.  Any further comment?   

These things happen, truth is this should be a relative drop in the bucket compared to mining dividends once on ASIC.  Just be sure to do some un-boxing photos when the ASIC miners arrive! 

A dividend of BTC8.3 has been paid.

I'm not sure of the reason why we mined so few coins this week.  It seems like the dividend dropped more than luck alone would explain.  Maybe the blockexplorer site I use to determine the total number of coins mined is falling behind, or maybe we had some temporary internet issues I wasn't aware of, or one of our pools fell offline, or possibly a difficulty increase.  In any event, I will pay close attention to the operation going forward to see that things return to the higher dividends we've been seeing lately.  Hopefully BFL ships some ASICs soon...

How are dividends shaping up for this week?

Another great week!

A dividend of BTC17.7 has been paid.

A dividend of BTC14.6 has been paid.

The Ozcoin NMC that are mined automatically convert to BTC and get paid out with the rest of our BTC earnings.  As far as I know, MtRed hasn't mined any NMC in months, so that is a non-issue.


The statistics are updated every 10 minutes and cached on my server to keep from flooding the GLBSE with requests.  This should allow for the statistics to appear more quickly and even when the GLBSE website has gone down.  


When there is news worth tweeting, I will do so.  This thread is the #1 source of information about NastyMining.


There is no way to payout NMC dividends on the GLBSE.  That is why they are converted to BTC and paid out with the rest of our earnings.  If you would like to get some NMC, I recommend using the Bitparking Namecoin Exchange.


Yes, our hardware supports merged mining.

The word "current" should be changed to the date/time when the price was that value...

ZERO out of the 11 shares I've bought were that low, and the current price is higher than that.

Is that the bid price? ask price? Is that the value you're putting up ask orders for "on demand" (whenever they're determined to be "in demand" by whatever arbitrary measure you're using)


Also, very little info on the twitter feed. It's not nearly as much info as on the NASTY GLBSE page and this thread has more info too. (which is actually fine by me. I don't tweet, and don't wish to get news on twitter. Just figure that the claim about updates on twitter should be backed up by actual tweeting)


I'm also curious about that:

I wouldn't mind getting some namecoin, but how would that work? the GLBSE stock and dividends are done in BTC only as far as I'm aware.

... Does the hardware / software that nastymining is running even support this? It seems like a great idea, but I've never set it up on my own mining efforts.

Glad to see the switch from GPUMAX, I admit it made me a little nervous. Actually your avatar, plus your old passthrough fund, and the use of GPUMAX made me wonder if you weren't pirate yourself. 

Anyway. Just wondering since Ozcoin and MtRed both have merged mining, what is happening to the namecoins being mined?

Good to know, thanks for the update.

After some testing, I found that we received the lowest % of rejects with Ozcoin & MtRed.  I tried a few others, but received an above average number of stales/rejects.  I would be open to going back to GPUMAX if they resume payouts and BTCST pays it's debt obligations.