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Topic: 📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) - page 205. (Read 959607 times)

sr. member
Activity: 352
Merit: 250
Still hard to not sell my shares bought at 0.27  Grin
Also great to see first divident. Keep it up !
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Im eager to know, who the 1000 shares investor is.
@Unknown care to reaveal yourself?
It was actually 2,600 shares that were purchased at 0.5BTC/share by the mystery investor.  Not my place to name him though.   Wink

@ Nasty have you done a liquidity planning?
With the newest issue of stocks i'd love to see some more transparency regarding future investements, share issues etc.
I haven't done much thought with liquidity planning yet.  I'm still in hardware purchasing mode.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
I've emailed Butterfly Labs asking why there was only 1 when the order was for 2.  Hopefully the next one shows up soon. 

I received a response from Alicia at Butterfly Labs today stating that the 2nd Single from our 1st order should be shipped tomorrow and delivered later this week.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Use GPUMAX, as long as we don't have some of the timeout errors other have been reporting

I did notice we were getting some errors when a new block hit the network on GPUMAX.  It was causing a slight slowdown every few minutes.  I set cgminer to load-balance between GPUMAX, ozcoin & eclipse.  That seems to have solved the problem. 
hero member
Activity: 563
Merit: 501
betwithbtc.com
One of our originally ordered BFL Singles showed up in the mail today (no extra fan on the bottom).  I've emailed Butterfly Labs asking why there was only 1 when the order was for 2.  Hopefully the next one shows up soon.  In any event, we are now hashing away at 1664MH/s.

Nice.  Slowly but surely...
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
One of our originally ordered BFL Singles showed up in the mail today (no extra fan on the bottom).  I've emailed Butterfly Labs asking why there was only 1 when the order was for 2.  Hopefully the next one shows up soon.  In any event, we are now hashing away at 1664MH/s.
member
Activity: 109
Merit: 10
MaxBTC also offers DGM and NMC merged mining with 2-factor auth; adding 0.75% 'donation' enables automatic payout. I make use of GPUMAX with a private setting for each of those three pools and set as failovers for cgminer, including a local bitcoind - just in case Smiley

MaxBTC is also a favorite of mine.

Thanks for the first dividend payout. This is the start of a great mining venture!
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Our first mined Bitcoin has been sent as a BTC1 donation.  
Weekly donations to follow.
sr. member
Activity: 353
Merit: 251
Very cool.  Did you get a confirmation on the rev3?  I had two orders of five, and only one came with an extra fan on the bottom.  I thought that one was an earlier rev.  

From what I've read elsewhere on the forums, it's normal for some rev3's to have a extra fan, and this isn't exclusively something for older versions. The explanation from BFL was about how making silicon-products is more or less an organic process, and therefor not all Singles come out the same, and some need extra cooling to perform to spec. I'm really glad that mine only has one, since it's standing in my bedroom!

P.S. Ognasty, i'm really stoked to see that this security is now up and running, thanks for your effort!
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Very cool.  Did you get a confirmation on the rev3?  I had two orders of five, and only one came with an extra fan on the bottom.  I thought that one was an earlier rev. 

I never looked into it.  It works and Butterfly Labs will accept it as a trade in for an ASIC, so I'm happy either way.  I should be getting 2 more of them on Monday and I'll let you know if they have the extra fans or not.
hero member
Activity: 557
Merit: 500
Very cool.  Did you get a confirmation on the rev3?  I had two orders of five, and only one came with an extra fan on the bottom.  I thought that one was an earlier rev. 
hero member
Activity: 560
Merit: 500
I am the one who knocks
We're live on GPUMAX.  Currently getting around 125% PPS.   Grin
Sweet,

Purchasing more shares now....
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
We're live on GPUMAX.  Currently getting around 125% PPS.   Grin
legendary
Activity: 1316
Merit: 1005
As backup-pool I would like to recommend eclipsemc. They seem to have nearly equal conditions as ozcoin.
I will look into eclipsemc.  It is run by one of our GLBSE competitors, but I'm open to having a backup, or even a few backup pools.  You can never have too many backups.

+1 for Oz and Eclipse.

MaxBTC also offers DGM and NMC merged mining with 2-factor auth; adding 0.75% 'donation' enables automatic payout. I make use of GPUMAX with a private setting for each of those three pools and set as failovers for cgminer, including a local bitcoind - just in case Smiley

Example cgminer pool config:
Code:
"pools" : [
        {
                "url" : "http://gpumax.com",
                "user" : "u",
                "pass" : "p"
        },
        {
                "url" : "http://pool.maxbtc.com",
                "user" : "u",
                "pass" : "p"
        },
        {
                "url" : "http://ozco.in",
                "user" : "u",
                "pass" : "p"
        },
        {
                "url" : "http://eclipsemc.com",
                "user" : "u",
                "pass" : "p"
        },
        {
                "url" : "http://localhost:8332",
                "user" : "u",
                "pass" : "p"
        }
],

With that configuration, about 2% of additional share submissions are accepted by failover pools.
hero member
Activity: 560
Merit: 500
I am the one who knocks
Great answers, thanks OgNasty.

I would request to be kept up to date on the current status of the MH/share.

Thanks!
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Also I assume that the dividends will not payout at the contracted 20Mh/share yet.  Do we have a count of what the Mh/share will be for these first tiny payouts?
Please do not look too much into tomorrow's dividend payment.  It will only be for a few hours of hashing at about 0.2MH/s per share.  Next week's dividend should be about 0.65MH/s per share for a majority of the week.  Then we're back to waiting on more BFL Single shipments for further increases.  I would also like to stress that this is an actual mining operation and not a theoretical bond payout like a majority of other mining investments on the GLBSE.  That being said, variance and luck will play a role in our dividend payments.


As backup-pool I would like to recommend eclipsemc. They seem to have nearly equal conditions as ozcoin.
I will look into eclipsemc.  It is run by one of our GLBSE competitors, but I'm open to having a backup, or even a few backup pools.  You can never have too many backups.


Do you run the BFL-Software? Did you consider using cgminer instead?
No, I don't run the BFL-Software to mine, only to run tests and install bitstreams.  We will be using cgminer as I am a big fan of the software. 


Also now that we are getting to business... did you have any plans of putting up a status page OgNasty so we can check on the farm status?
I did secure NastyMining.bit in order to have a farm status page.  I have LOTS of ideas I would like to implement and I have had discussions with an extremely talented programmer in order to bring those ideas to reality.  It will happen eventually, but when it comes to working for free, things take time.  What I can tell you is that it will be done right, and it will be awesome.
hero member
Activity: 560
Merit: 500
I am the one who knocks
Do you run the BFL-Software? Did you consider using cgminer instead?
I don't know how well the BFL-Software works, but cgminer seems to distribute shares among pools very efficiently, so only few shares are lost, if the main pool is lagging or down.
This is a good question.... I have heard very good things about cgminer.

Also now that we are getting to business... did you have any plans of putting up a status page OgNasty so we can check on the farm status?
newbie
Activity: 30
Merit: 0
As backup-pool I would like to recommend eclipsemc. They seem to have nearly equal conditions as ozcoin.

Do you run the BFL-Software? Did you consider using cgminer instead?
I don't know how well the BFL-Software works, but cgminer seems to distribute shares among pools very efficiently, so only few shares are lost, if the main pool is lagging or down.
hero member
Activity: 560
Merit: 500
I am the one who knocks
Auto-tuning it now with BFL software to determine the proper bitstream.

I auto-tuned the BFL Single and installed the 832MH/s bitstream as recommended.  Testing is currently underway and this BFL Single will be hashing for us before the end of the day...  Which brings us to a question.  What pool do we want to use?

For those not familiar with GPUMAX, when public work is not available, it falls back to your standard pool.  I'll admit I haven't researched Bitcoin Mining Pools in a while, but did go over a few of the larger ones last night.  I decided that Ozcoin Mining Pool would work best for our purposes, due to their low fees, automatic NMC->BTC conversion, and Double Geometric Payout Method.  If no shareholders are opposed, in addition to GPUMAX, we will be mining with Ozcoin.  This morning I setup an account and set the donation rate at 1%, but am open to suggestions on what we should be making as far as a pool donation as well.
With my measly share count I have the following input:
  • Use GPUMAX, as long as we don't have some of the timeout errors other have been reporting
  • I think 1% donation is a good idea, karma people karma
  • I am not in a position to compare pools, so I will abstain from that vote

Also I assume that the dividends will not payout at the contracted 20Mh/share yet.  Do we have a count of what the Mh/share will be for these first tiny payouts?
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Auto-tuning it now with BFL software to determine the proper bitstream.

I auto-tuned the BFL Single and installed the 832MH/s bitstream as recommended.  Testing is currently underway and this BFL Single will be hashing for us before the end of the day...  Which brings us to a question.  What pool do we want to use?

For those not familiar with GPUMAX, when public work is not available, it falls back to your standard pool.  I'll admit I haven't researched Bitcoin Mining Pools in a while, but did go over a few of the larger ones last night.  I decided that Ozcoin Mining Pool would work best for our purposes, due to their low fees, automatic NMC->BTC conversion, and Double Geometric Payout Method.  If no shareholders are opposed, in addition to GPUMAX, we will be mining with Ozcoin.  This morning I setup an account and set the donation rate at 1%, but am open to suggestions on what we should be making as far as a pool donation as well.
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