Topic: 📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) - page 209. (Read 959329 times)
sahub
As u say the trade in program has not been announced. What if it is a case of send back your singles, and you are now in the queue, along with anyone one else who has purchased. This means that you are back in the position of Wang x months for the new hardware without any old / current hardware mining.
This is where having an asset issuer with deep pockets is helpful. I will be buying ASICs for myself as well and would be willing to point my personal ASICs at the company GPUMAX account until the shareholder equipment arrives in this scenario.
So from that, as a possible investor (I've thought about buying in as I just want the weekly returns on 1mh/s. If I buy in and have a share, and you upgrade equipment, am i on 1mh/s or 20mh/s on the upgrade date or delivery date? I'm assuming 1mh/s.
But for x months you are willing to pay out of your pocket? For any normal person this can only happen for a few months,what happens if bfl never deliver,or deliver below the 20mh/s?
Would it not be best to start a new bond for the hardware?
I agree with what you said. But up to 20MH/s, can be as well only 1.1 Mh/s, see the cellphone contracts. You can reformulate as "20MH/s provided BFL doesn't change the initial unit parameters and upgrade conditions."
For sure it will provide piece of mind to investors.
For sure it will provide piece of mind to investors.
Is this a major concern? I think my reputation would speak a little for me here as I am not out to scam anyone, but instead provide a useful investment option to protect investors against the coming losses of 1MH/s bonds currently trading on the exchange. I will trade any organization owned equipment for BFL's ASIC miners once they are available. Once the exact figures are released and confirmed, I will be able to make a definitive statement.
Hi there,
I find your offer interesting. Can you please clarify the statement "up to around 20MH/s" baked by actual calculations?
Thanks.
I find your offer interesting. Can you please clarify the statement "up to around 20MH/s" baked by actual calculations?
Thanks.
The BFL trade-in program isn't official yet, nor has the ASIC statistics been confirmed, so it would be impossible to clarify the statement at this time. Using the numbers from the announcement, I made a general statement about what shareholders can expect once the trade-in is completed, in order to provide a realistic expectation for the future.
As u say the trade in program has not been announced. What if it is a case of send back your singles, and you are now in the queue, along with anyone one else who has purchased. This means that you are back in the position of Wang x months for the new hardware without any old / current hardware mining.
I agree with what you said. But up to 20MH/s, can be as well only 1.1 Mh/s, see the cellphone contracts. You can reformulate as "20MH/s provided BFL doesn't change the initial unit parameters and upgrade conditions."
For sure it will provide piece of mind to investors.
The BFL trade-in program isn't official yet, nor has the ASIC statistics been confirmed, so it would be impossible to clarify the statement at this time. Using the numbers from the announcement, I made a general statement about what shareholders can expect once the trade-in is completed, in order to provide a realistic expectation for the future.
For sure it will provide piece of mind to investors.
Hi there,
I find your offer interesting. Can you please clarify the statement "up to around 20MH/s" baked by actual calculations?
Thanks.
I find your offer interesting. Can you please clarify the statement "up to around 20MH/s" baked by actual calculations?
Thanks.
The BFL trade-in program isn't official yet, nor has the ASIC statistics been confirmed, so it would be impossible to clarify the statement at this time. Using the numbers from the announcement, I made a general statement about what shareholders can expect once the trade-in is completed, in order to provide a realistic expectation for the future.
Hi there,
I find your offer interesting. Can you please clarify the statement "up to around 20MH/s" baked by actual calculations?
Thanks.
I find your offer interesting. Can you please clarify the statement "up to around 20MH/s" baked by actual calculations?
Thanks.
The BFL trade-in program isn't official yet, nor has the ASIC statistics been confirmed, so it would be impossible to clarify the statement at this time. Using the numbers from the announcement, I made a general statement about what shareholders can expect once the trade-in is completed, in order to provide a realistic expectation for the future.
Hi there,
I find your offer interesting. Can you please clarify the statement "up to around 20MH/s" baked by actual calculations?
Thanks.
I find your offer interesting. Can you please clarify the statement "up to around 20MH/s" baked by actual calculations?
Thanks.
Getting on board the ASIC train ;)
It appears that this train is "ride or die" for Bitcoin miners.
Nobody can stop the progress, whether we like it or not. Although I think it's gonna be some time before those that don't want to/can't get on 'die'.
EDIT: grammar ;)
Getting on board the ASIC train 
It appears that this train is "ride or die" for Bitcoin miners.
Getting on board the ASIC train ;)
ANNOUNCEMENT:
With the Butterfly Labs ASIC miners coming soon, NastyMining is pleased to announce that we will be participating in the FPGA->ASIC trade-in program once it is made available. This will bring the hashing power per share up to around 20MH/s. Once the trade-in program is completed, the contract for this offering will be updated to reflect the new terms.
With the Butterfly Labs ASIC miners coming soon, NastyMining is pleased to announce that we will be participating in the FPGA->ASIC trade-in program once it is made available. This will bring the hashing power per share up to around 20MH/s. Once the trade-in program is completed, the contract for this offering will be updated to reflect the new terms.
Quote from: Butterfly Labs Announces Next Generation ASIC Lineup
Because our first and second generation equipment is expected to be outpaced very quickly by the new hardware, customers who have purchased earlier generation products will be able to trade them in at 100% of their value toward the purchase of SC-generation hardware.
S-w-e-e-t. I just hope this BFL ASIC line doesn't put FPGA/GPU miners completely out. I mean, 1Thash/s for
Edit: Fixed the numbers there, got that a little messed up.
ANNOUNCEMENT:
With the Butterfly Labs ASIC miners coming soon, NastyMining is pleased to announce that we will be participating in the FPGA->ASIC trade-in program once it is made available. This will bring the hashing power per seat up to around 20MH/s.
With the Butterfly Labs ASIC miners coming soon, NastyMining is pleased to announce that we will be participating in the FPGA->ASIC trade-in program once it is made available. This will bring the hashing power per seat up to around 20MH/s.
Quote from: Butterfly Labs Announces Next Generation ASIC Lineup
Because our first and second generation equipment is expected to be outpaced very quickly by the new hardware, customers who have purchased earlier generation products will be able to trade them in at 100% of their value toward the purchase of SC-generation hardware.
Check it out
http://news.yahoo.com/butterfly-labs-announces-next-generation-asic-lineup-054626776.html
Sound like this bond got a lot more interesting
http://news.yahoo.com/butterfly-labs-announces-next-generation-asic-lineup-054626776.html
Quote
Because our first and second generation equipment is expected to be outpaced very quickly by the new hardware, customers who have purchased earlier generation products will be able to trade them in at 100% of their value toward the purchase of SC-generation hardware.
Sound like this bond got a lot more interesting
OgNasty, will you be verifying more than just email on GLBSE?
I wasn't planning on it. I think I've traded with enough members on the forum to have earned the reputation of a verified non-scammer. If it was detering investment, I would look into it.
It is my gmail account, which is linked to my mobile phone. More importantly, many members of this forum and seatowners of this organization know my identity and home address.
OgNasty, will you be verifying more than just email on GLBSE?
I wasn't planning on it. I think I've traded with enough members on the forum to have earned the reputation of a verified non-scammer. If it was detering investment, I would look into it.
OgNasty, will you be verifying more than just email on GLBSE?
I wasn't planning on it. I think I've traded with enough members on the forum to have earned the reputation of a verified non-scammer. If it was deterring investment, I would look into it.
OgNasty, will you be verifying more than just email on GLBSE?
Will this be an exclusively BFL operation, or is a heterogeneous environment including the likes of Lancelot in the cards?
Lancelot hasn't been invited to the party, but we'll dance with whoever has the best music.
Will this be an exclusively BFL operation, or is a heterogeneous environment including the likes of Lancelot in the cards?
Added 88 shares and now owner of 100 NASTY shares 
I have a feeling this will be the best kind of bond to have. 'Owning' the hardware and GPUMax seems like a dubble win.
I have a feeling this will be the best kind of bond to have. 'Owning' the hardware and GPUMax seems like a dubble win.
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