Topic: 📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) - page 27. (Read 958972 times)

Ok so just to get this straight, you are saying that people wont make any BTC profit from Joining the club and it is just a fun way for you to fund your sausage fest boat parties?

You still don't get it.  Start your own for profit project.  You are missing the point here.  I added the below line to the OP a few weeks ago, and it directly applies to you.

still doesnt answer my question about full accounts, my query relates to the under the table deals Og does for Hardware - sells one of the newest units to land then has the one in hand fail... if he doesnt run the place how come he can make decisions for selling tin off the cuff like that?

as for making NastyFans profitable its pretty simple.

1) stop making precious metals products that lose value in BTC.
2) Mine coins, both BTC and Alts.
3) invest a % of profits into Solid alt coins as a little hedge against BTC
4) have an experienced business manager make decisions - not some wanna be Gangsta rapper
5) invest time and money in direct relationships with hardware manufacturers
6) stop the manager of this asset trying to be a porn king.
7) Expand on your pool offering, market the pool as a profit generator.. OG/You praised your technical skills.. make a coin switching pool.. ride this X11 hype..
invest in a more suitable location for the mining operation, AZ is a hot place this limits the amount of miners you can run -  go big and invest in a cold location not a hot humid place
9) change the way the auction on the site works - its shit it doesn't let people add bids

if you went through the above changes I guarantee you would be able to raise significant funds as an ICO.... but with Og's tarnished records of not paying back loans in full I feel that without the removal of his name from this place this asset will continue to fall in BTC value month on month

nastyfans has no costs for members. Bitcoin sent by individuals to purchase seats is sent directly to sellers in full amount. All donations sent to nastyfans are distributed to members in full amount.

The official donation address for nastyfans from 2012-12-09 to 2013-06-23 was 1EwtTKJaXAtctSFqCQKU3LiCg9dqYPEkxN. That address received some donations later and was used until 2014-09-05. All transactions sent to that address then and now are donations to nastyfans. That total is blockchain visible 166.14730886 BTC.

The official donation address for nastyfans since 2013-06-27 is 1NastyFRkeUTmMdbMmzggDVTQA6r3ibUoX. All transactions sent to that address are donations to nastyfans. That total is blockchain visible 478.26023408 BTC.

The total blockchain visible donations are 644.40754294 BTC.

nastyfans reports total donations received at 725.60538763 BTC. The extra 81.19784469 BTC is not clearly blockchain visible because it is from percentages of NastyShop sales that were agreed by NastyShop sellers as donations to nastyfans. I do have NastyShop sales records and agreed donation percentages/amounts at time of sale but these records are not publicly available. I agree they should be and I will investigate efforts to provide this.

The donations distributed each week are visible on "donations" page when you sign in. Click on "show past distributions" to view all distributions since begin of nastyfans. The formula for distribution per seat is stated in nastyfans policy. (Note this formula changed several times in nastyfans polls: 2013-04-25, 2013-12-20, 2014-04-05, 2014-09-13.)

If you find any errors in donation distributions please post them here or send me PM. I am happy to correct issues. I am not aware of any members that are unhappy with my duties as president. (If yes please say so!)


You mix things around. nastyfans seat holders are members of nastyfans. The prices you paid for your seats are based on auction prices set by other members.

The prices you paid to have seats minted are mint fees set by NASTY MINING. NASTY MINING agreed to perform physical minting of nastyfans seats at fees to cover the expenses.

The 10 BTC you refer to are NASTY MINING savings and is only related to nastyfans because we donate part of our received donations to NASTY MINING. Please read "about" page and "policy" page on nastyfans for details.

If you believe the value of this fanclub is falling then I recommend helping to make it better. What can we do to make nastyfans more fun for Bitcoin enthusiasts?

I have literally no history with TMAN and can say that OGNasty has never "stolen" funds from me.

However, he (OGN) is far from an honest person and deserves a hell of a lot more scrutiny than he's gotten over the years.

I don't have proof that he's a theif, but I have mountains of proof that he's a liar.

I would absolutely LOVE to debate OgNasty over skype, phone, twitch, whatever - and have the entire thing made public about the 100% false accusations he's made of me, the shady businesses he's supported and the way he handles himself in general.  For the past year+ he has refused to respond to me, putting all his effort into convincing others I am a corrupt degen gambling addict, with absolutely 0 proof - knowing full well that most users would just assume he was telling the truth, since they have trusted him with their funds, and not been straight up robbed.

These days it seems like he's able to get away with fucking others simply because "he hasn't stolen anyones money, even though he could of tons of time".  

Well, in the finance world, stealing money isn't so black and white.

Unfortunately, in the crypto world, it's far to often that "not being a thief" translates into "being trustworthy" only because "not being a thief" is so rare.  
OgNasty deserves to be called out for the scumbag he is, even if he hasn't stolen shitloads of BTC that he could of. (which is basically his only angle)

PM sent with more info.

I guess your new coin line is related to NASTY MINING or NastyPool or NastyShop or nastyfans? If yes then I and other fans are likely happy to host tracking service for your coins.

If your new coin line is not related to "something Nasty" then I think nastyfans.org/mint.json is not appropriate. nastyfans is a (unofficial) fanclub for NASTY MINING. If your new coin line is only a OgNasty endeavor then I want to see what it is before giving official answer. As example I decided to host your very great Bitcoin rounds on NastyShop when they are not related to NASTY MINING. And you even donate some sales from them to nastyfans! Thank you!

Ha ha. No slander, there are no accounts posted so how can I do DD??

As for the removal of your negatives I couldn't give a fuck, I was approached by the administration to try to resolve our dispute and you decided to post the PM you were forwarded.. yet another dick move by you.

Dude.  This is getting absolutely out of control.  It's been a year long witch hunt on ognasty.   If you are so severely concerned I will be more than happy to buy your seat at whatever USD value you paid for it.   It's obvious as day to anyone at this point with the "should og be removed as treasurer", and "should og be removed as dt1" threads that they are just personal attacks.   

I don't for the life of me understand how this could even be such a priority of yours. 

The blockchain is public as is this thread. Do your own DD instead of making outlandish false claims. It’s obvious to everyone you are merely slandering my name in a pathetic attempt to force me to remove your negative trust. That isn’t going to happen.  

EDIT: Our L3+ order from Bitmain has been shipped! Expected delivery of Monday but currently awaiting release from customs.

as an official nasty fan I would like to request full accounts, P&L and balance sheet for the security for Financial years 2013/2014 and management\preliminary accounts for this financial year.

it is of great concern to me that one of my minted seats (purchased below store value)  has severely decreased in market price.

I feel that the owner and manager of this asset has either been falsifying accounts or mismanaged funds as 10BTC of savings is appalling for this asset and I request proof that Og has not been mismanaging finances and or profiting from activities to the detriment of the club

NEW COIN LINE:
I have been working on a new coin line that I think will be well received.  I'd like to know if it can follow the NastyFans Minted Seats series as an official NastyFans supported product.  This means being able to link them to your nastyfans.org account and have their information publicly displayed on the NastyFans Mint JSON feed.  Is this something you'd be willing to support nonnakip?

Update:
Our 13.5TH/s Antminer S9s have arrived.  I immediately put one of them to work mining, while I thought it might be wise to take an opportunity to sell one of them for a profit (in both USD & BTC).  The miners were purchased for ~$1,100 each or ~0.43 BTC at the time and I have sold one of them for 0.63 BTC or ~$2,300.  This brings us to 10 BTC in savings for NastyMining, or roughly $1.20 per NastyFans seat at current rates.

https://blockchain.info/tx/68d6252b80f3cf06462624ee405edd4a35af8d46123085d5083ed062394304f7


EDIT: I've noticed strange behavior with this S9.  No temperature readings, constantly switching pools, regularly unreachable, random restarts, etc...  I've decided to take advantage of the new California based Bitmain Repair Center and send it back for warranty repairs.  Hopefully this is resolved quickly.  I'm also expecting our L3+ to ship this week, so we should be getting the mining rewards rolling again soon.

Everyone who owns 10 shares now has 20 shares, etc.
This seems the easiest way to issue additional hash rate while keeping each share at 1MH/s Bitcoin.

The only place I find the word "expected" is on the NastyPoP payout rates page. That page shows only past payouts. The "vs. expected" column is based on math calculation of hashrate and compares past actual payouts against what a miner could mathematically expect from mining hardware at that time.

The P2Pool hashrate is low these days. From this we see big variance. Maybe 10 weeks of near 0% payouts and then a week with 1500% payouts. NastyPoP miners also receive parts of donations to nastyfans. That is why some weeks have >0% payouts even when P2Pool did not find a block.

Hints about payout when P2Pool finds a block is in "current P2Pool mining round" table of the NastyPoP Ticker page. These values base on the collective hashrate of NastyPoP against collective P2Pool hashrate. A list of all P2Pool miners with payouts for current P2Pool round is available here. NastyPoP mines as 1NastyBTCcxbAQQ22kEijbXqgyBPRujftL.

Distribution 248 is posted. nastyfans appreciates the donations.

Last 4 weeks distribution NastyPoP payout rates (vs. expected):
window143 0.02886205 BTC per TH/s (1519.1%)
window144 0.00001310 BTC per TH/s (0.7%)
window145 0.00007573 BTC per TH/s (3.8%)
window146 0.00000000 BTC per TH/s (0.0%)

At the end of the day the biggest factor is luck.  You can get an idea how the payouts have been recently by looking at the payout rates page here: https://nastyfans.org/nastypop/rates.html

As far as your personal expected amount, this will vary based on your % of accepted hashes and NastyPool's % of accepted shares on the p2pool sharechain.

Thanks for that response, i've been mining with NastyFans around 2 months now, and so far the experience has been the 'expected payout' has been increasing for the most part.... No, not like a Speedometer, but incrementing until we've hit a block.

I've been watching mine as well as a few other miners, and yes they increase as well.

These last couple weeks+ I had gotten around .6xxxx  and then it dropped down to .5xxxx and it hasn't budged much.

I have been up over .7xxxxx  and another miner was at 1.2xxx before the last block.

I'm hashing between 25-30TH

I've also noticed the other higher powered miner has dropped down their Hash Rate from their usual, and way down from
what i've seen it max out at...

That miner is usually around 30+, i've seen it go over 70, and for the last couple weeks has been less close to 13-20.

Yes I figure they are pointing their hashing power elsewhere at those times.  (would love to know where)

Per your PM, 'everything is working fine' but in the little experience i've had here @ NastyFans, over the last 2 months,
it's been very different.

Thanks again for schooling me!

The expected payout is what you can expect to receive when p2pool hits a block.  It won't change much unless your % of the pool's hashrate changes.

Or what's happening with the 'expected payout' it hasn't increased in sometime now...

Can I buy a Vowel or a Clue as to what's going on?