Some facts because math is hard.
NastyFans seats total return to date in USD: 2,265%
S&P 500 total return in same time period in USD: 70%
Real Estate average return in same time period in USD: 30%
Gold total return in same time period in USD: -22%
Topic: 📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) - page 32. (Read 958972 times)
why does everyone still cheer this asset on? it was 0.27BTC at IPO and now is 0.01BTC
this is just a poorly run attempt at business
this is just a poorly run attempt at business
Lol, it seems a very unfair comparation...
BTC price increased a lot, and it's normal with this increase that the price in BTCs of seats decreased from 0.27 BTC to 0.01 BTC. Anyway, you don't hold only the seats, but you receive donations proportionally to the amount of seats you have.
so this is just a loss maker, decreasing distributions and less hash power than needed to keep up with difficulty..
why does everyone still cheer this asset on? it was 0.27BTC at IPO and now is 0.01BTC
this is just a poorly run attempt at business
this is just a poorly run attempt at business
Lol, it seems a very unfair comparation...
BTC price increased a lot, and it's normal with this increase that the price in BTCs of seats decreased from 0.27 BTC to 0.01 BTC. Anyway, you don't hold only the seats, but you receive donations proportionally to the amount of seats you have.
why does everyone still cheer this asset on? it was 0.27BTC at IPO and now is 0.01BTC
this is just a poorly run attempt at business
this is just a poorly run attempt at business
$1.54 "at IPO" and $30 now but that is irrelevant to our goals. I'm very happy with the growth of the organization and the community spirit. The original goal was to reach 25GH/s in mining power. We're now at over 30TH/s and offer all sorts of great products and services. All this while using Bitcoin to be as transparent as possible and working with members of the community. I love the work nonnakip has done and think it's absolutely amazing the amount of work that has gone into coding EVERYTHING from scratch from the ground up. There's no way this would have been possible without his efforts and I think we are all very grateful for his contributions. Others like naypalm, ZACHM have created 3rd party monitoring sites while Rmcdermott927 has listed goods for sale in his own NastyShop and digicoinuser, killyou have sold goods to donate funds to NastyFans. This isn't an attempt at a business. It's the community trying to build something cool and fun together. I think I speak for everyone when I say your attitude isn't wanted nor appreciated here.
ZZZZZZZZZZ
Bitcoin asset not $, and talking about hash rate - what about the difficulty? you must be high or stupid.
why does everyone still cheer this asset on? it was 0.27BTC at IPO and now is 0.01BTC
this is just a poorly run attempt at business
this is just a poorly run attempt at business
$1.54 "at IPO" and $30 now but that is irrelevant to our goals. I'm very happy with the growth of the organization and the community spirit. The original goal was to reach 25GH/s in mining power. We're now at over 30TH/s and offer all sorts of great products and services. All this while using Bitcoin to be as transparent as possible and working with members of the community. I love the work nonnakip has done and think it's absolutely amazing the amount of work that has gone into coding EVERYTHING from scratch from the ground up. There's no way this would have been possible without his efforts and I think we are all very grateful for his contributions. Others like naypalm, ZACHM have created 3rd party monitoring sites while Rmcdermott927 has listed goods for sale in his own NastyShop and digicoinuser, killyou have sold goods to donate funds to NastyFans. This isn't an attempt at a business. It's the community trying to build something cool and fun together. I think I speak for everyone when I say your attitude isn't wanted nor appreciated here.
why does everyone still cheer this asset on? it was 0.27BTC at IPO and now is 0.01BTC
this is just a poorly run attempt at business
this is just a poorly run attempt at business
An update on the L3+ miner... After seeing the market value of these miners increase quite a bit, I decided the best option available was to sell the miner to lock in some sure profits. I did so, and in addition to receiving our spent BTC back at a higher rate, we also received 51 LTC which I will sit on until I find a use for them.
Cool, good decisions I would say! I see that we now have 8.22 BTC and these 51 LTC in holding. Are there reasonable options for miners we could buy, or is there some interesting hardware coming out in the near future?
I went ahead and used the 51 LTC profit from our L3+ sale to purchase another L3+ from Bitmain. While it won't be shipped until the end of summer, it is nice to have what amounts to a free L3+ on the way thanks to some savvy trading.
Distribution 233 is posted. nastyfans thanks the donators.
Distribution 232 and 233 still waits for accepting. If both distributions still not accepted next week I will consider increasing fees.
Last 4 weeks distribution NastyPoP payout rates (vs. expected):
window128 0.00396334 BTC per TH/s (117.6%)
window129 0.00190539 BTC per TH/s (58.1%)
window130 0.00380459 BTC per TH/s (121.2%)
window131 0.00000000 BTC per TH/s (0.0%)
Distribution 232 and 233 still waits for accepting. If both distributions still not accepted next week I will consider increasing fees.
Last 4 weeks distribution NastyPoP payout rates (vs. expected):
window128 0.00396334 BTC per TH/s (117.6%)
window129 0.00190539 BTC per TH/s (58.1%)
window130 0.00380459 BTC per TH/s (121.2%)
window131 0.00000000 BTC per TH/s (0.0%)
Hi there, I have special offer for all NastyFans.
FREE PC game coupon "For Honor" or "Ghost Recon" (you can choose) ... I was selling it here but decided to GIVEAWAY.
How to get it? PM me two proofs:
1 - you are nastyfans member
2 - you have GPU GTX1060, 1070 or 1080 and installed geforce experience (just to be able to redeem the code immediately)
then I send you the CODE.
(offer will be up for max two days, if more people ask I'll chose one randomly ... but higher rank higher chance)
STAY NASTY
Cheers
P.S. I'm not 100% sure the code will work (see the selling thread last post) ... but it's free so why not to try
FREE PC game coupon "For Honor" or "Ghost Recon" (you can choose) ... I was selling it here but decided to GIVEAWAY.
How to get it? PM me two proofs:
1 - you are nastyfans member
2 - you have GPU GTX1060, 1070 or 1080 and installed geforce experience (just to be able to redeem the code immediately)
then I send you the CODE.
(offer will be up for max two days, if more people ask I'll chose one randomly ... but higher rank higher chance)
STAY NASTY
Cheers
P.S. I'm not 100% sure the code will work (see the selling thread last post) ... but it's free so why not to try
Distribution 232 is posted. nastyfans appreciates the donations.
Distribution 231 is still not accepted in blockchain. Average fees lately are 10x what we are using. If the distributions are not accepted in the next days I will double-spend the coins with higher fees. In your account history for donations you can see what you will receive when the transactions clear. (Until now I only fix the donation history. The buy history and sell history are still frozen.)
Last 4 weeks distribution NastyPoP payout rates (vs. expected):
window127 0.00453804 BTC per TH/s (134.7%)
window128 0.00396334 BTC per TH/s (117.6%)
window129 0.00190539 BTC per TH/s (58.1%)
window130 0.00380459 BTC per TH/s (121.2%)
Fun fact: 6.1% of all nastyfans seats (1,824) are minted!
Distribution 231 is still not accepted in blockchain. Average fees lately are 10x what we are using. If the distributions are not accepted in the next days I will double-spend the coins with higher fees. In your account history for donations you can see what you will receive when the transactions clear. (Until now I only fix the donation history. The buy history and sell history are still frozen.)
Last 4 weeks distribution NastyPoP payout rates (vs. expected):
window127 0.00453804 BTC per TH/s (134.7%)
window128 0.00396334 BTC per TH/s (117.6%)
window129 0.00190539 BTC per TH/s (58.1%)
window130 0.00380459 BTC per TH/s (121.2%)
Fun fact: 6.1% of all nastyfans seats (1,824) are minted!
An update on the L3+ miner... After seeing the market value of these miners increase quite a bit, I decided the best option available was to sell the miner to lock in some sure profits. I did so, and in addition to receiving our spent BTC back at a higher rate, we also received 51 LTC which I will sit on until I find a use for them.
Cool, good decisions I would say! I see that we now have 8.22 BTC and these 51 LTC in holding. Are there reasonable options for miners we could buy, or is there some interesting hardware coming out in the near future?
I believe the beginning of summer is the worst time to buy miners. Many people are downsizing their operations in preparation for the coming heat and new gear is usually right around the corner (I've heard rumors of an S9+, which if history is any guide, means an S11 is right around the corner). I'd much rather continue laying the groundwork for the long-term success of this operation. I've been observing the solar array and running lots of numbers to see what would be most beneficial to get the most out of that investment. It seems that while I had initially dismissed the thought of having a battery backup like a Tesla Powerwall, the statistics show that we would actually benefit from owning one as we are still pulling a little electricity from the grid at peak rates. I also think an immersion cooling setup like the Carnotjet System would provide massive additional energy savings while combating the largest hurdle we have toward expansion right now, which is heat. I believe with those two additions, we would be one of the most advanced mining operations in the world (albeit very tiny) and would be setup to continue mining profitably for the foreseeable future regardless of circumstances. I have been contacting Bitcoin companies and discussing sponsorship opportunities to see if I can leverage the visibility of this group into advancing our hardware through advertisement deals similar to what was done with YoBit.net and the wind turbine that should be installed next month.
That being said, I'm always working my magic behind the scenes and if I can get us some more miners without having to break the BTC bank, I will do so.
It would be pretty sick to have such an advanced setup! And I also think a Powerwall will help a lot with keeping everything running smoothly off-grid.
Thanks for sharing your vision!
This is a bit off the current topic, so I apologize -- but I did want to throw this out there: Is it possible to explain NastyFans to the layperson? I'm not sure, but I tried. Let me know what I got wrong!
http://object2212.com/?p=1505
http://object2212.com/?p=1505
An update on the L3+ miner... After seeing the market value of these miners increase quite a bit, I decided the best option available was to sell the miner to lock in some sure profits. I did so, and in addition to receiving our spent BTC back at a higher rate, we also received 51 LTC which I will sit on until I find a use for them.
Cool, good decisions I would say! I see that we now have 8.22 BTC and these 51 LTC in holding. Are there reasonable options for miners we could buy, or is there some interesting hardware coming out in the near future?
I believe the beginning of summer is the worst time to buy miners. Many people are downsizing their operations in preparation for the coming heat and new gear is usually right around the corner (I've heard rumors of an S9+, which if history is any guide, means an S11 is right around the corner). I'd much rather continue laying the groundwork for the long-term success of this operation. I've been observing the solar array and running lots of numbers to see what would be most beneficial to get the most out of that investment. It seems that while I had initially dismissed the thought of having a battery backup like a Tesla Powerwall, the statistics show that we would actually benefit from owning one as we are still pulling a little electricity from the grid at peak rates. I also think an immersion cooling setup like the Carnotjet System would provide massive additional energy savings while combating the largest hurdle we have toward expansion right now, which is heat. I believe with those two additions, we would be one of the most advanced mining operations in the world (albeit very tiny) and would be setup to continue mining profitably for the foreseeable future regardless of circumstances. I have been contacting Bitcoin companies and discussing sponsorship opportunities to see if I can leverage the visibility of this group into advancing our hardware through advertisement deals similar to what was done with YoBit.net and the wind turbine that should be installed next month.
That being said, I'm always working my magic behind the scenes and if I can get us some more miners without having to break the BTC bank, I will do so.
An update on the L3+ miner... After seeing the market value of these miners increase quite a bit, I decided the best option available was to sell the miner to lock in some sure profits. I did so, and in addition to receiving our spent BTC back at a higher rate, we also received 51 LTC which I will sit on until I find a use for them.
Cool, good decisions I would say! I see that we now have 8.22 BTC and these 51 LTC in holding. Are there reasonable options for miners we could buy, or is there some interesting hardware coming out in the near future?
An update on the L3+ miner... After seeing the market value of these miners increase quite a bit, I decided the best option available was to sell the miner to lock in some sure profits. I did so, and in addition to receiving our spent BTC back at a higher rate, we also received 51 LTC which I will sit on until I find a use for them.
I've donated 2.25 BTC to NastyFans on behalf of the 4oz gold Minted Seats fundraiser.
https://blockchain.info/tx/53099bf0beb9e1c3814054c2c16f4b00578367ef23ecd3f3aa2e8f3197f68fce
https://blockchain.info/tx/53099bf0beb9e1c3814054c2c16f4b00578367ef23ecd3f3aa2e8f3197f68fce
Distribution 229 is posted. nastyfans thanks the donators.
Last 4 weeks distribution NastyPoP payout rates (vs. expected):
window124 0.00578810 BTC per TH/s (164.4%)
window125 0.00634868 BTC per TH/s (182.4%)
window126 0.00666201 BTC per TH/s (197.7%)
window127 0.00453804 BTC per TH/s (134.7%)
Last 4 weeks distribution NastyPoP payout rates (vs. expected):
window124 0.00578810 BTC per TH/s (164.4%)
window125 0.00634868 BTC per TH/s (182.4%)
window126 0.00666201 BTC per TH/s (197.7%)
window127 0.00453804 BTC per TH/s (134.7%)
Very cool, I like to see these solar stats. Have any need for auto-gen text images? i.e. the top images here.
The issue I have right now is that the data is provided in image form. This looks promising though: https://github.com/jeffkowalski/sunpower
Very cool, I like to see these solar stats. Have any need for auto-gen text images? i.e. the top images here.
81% for how many miners?
Take a look at the OP. It has an abundance of information. Including the answer to your question.
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