With some mining companies talking about a 10x efficiency increase on their next-gen miners and manufacturers rushing to sell cloud hashing faster than they can take down and ship their current gen farms, you'd have to be pretty new to the game to think any contract with a fixed hashrate is a good idea.

Yes, because it's totally fair to ship faulty equipment to your customers and then tell them they need to pay to ship it back due to not taking the time to test before shipping.  I don't know how much it would cost to ship these back to Hong Kong or how long it would take to get them back, but I do know that any hope of ROI for me is long gone.  At this point, I think it may be best to just take the loss and not continue wasting time troubleshooting as well as throwing good money after bad.  I know from the lack of responses, that is what asicminer wants to see.

Ya, you're eligible. 

The lottery ticket "prize" will be a small amount of BTC.  We are planning to use the lottery as a way to reward miners with >100% payouts.  I also wanted to share the lotto tickets with folks who help advertise via this campaign, but a majority of the lotto tickets will be given to miners or bought on the auction (whenever one is created).  That is why I saw this is the lowest paying signature campaign.  It is mostly just a way to give back something to those who were already promoting NastyFans as a thank you.

I agree and am very disappointed with my Prisma.  I've been troubleshooting it for weeks and trying different methods to get it to run (windows, linux, usb, controller, etc...).  As of right now, 2 of the 4 boards give off nothing but errors, 1 of the boards is completely dead due to arriving with missing parts, and 1 works.  I can't get any response from asicminer and my group buy seller told me to deal with them and won't accept a return.  My advice, if you insist on buying one of these, make sure you do it with a method that can be charged back in the event you receive a non-functional miner and whoever sold it to you is unwilling to make it right.

Pseudo shares are just for stats and they will not effect your earnings in any way, nor will they generate heat or additional work for your miners.  Only P2Pool shares matter.  Since P2Pool shares are much higher difficulty than a typical pool's shares, that causes quite a bit of variance on payouts and makes estimating your "real work" (actual hashrate) difficult.  Again, these problems are magnified for smaller miners and that is why the NastyPoP payout system was created.  If you'd like a visual representation of how often you could expect P2Pool shares to be accepted based on different hashrates, you can see in the NastyPool miner charts just how often miners submit an accepted P2Pool share by the green lines on the charts.  You can see it is currently quite common for someone with 1TH/s to go a day or more without submitting an accepted P2Pool share.

BITCOIN BLACK FRIDAY SALE
I wanted to offer a few specials this year to celebrate Bitcoin Black Friday.  After speaking with nonnakip, we have decided to run a 50% OFF SALE ON 1OZ MINTED NASTYFANS SEATS!  The sale will run all day long on Bitcoin Black Friday and the price will be automatically adjusted on the regular ordering page at: https://nastyfans.org/mint



I have also announced that in addition to the 5 seats held on the coin, anyone who pre-orders one of the new 5oz Minted NastyFans Seats will receive a 1oz Minted Seat for free!  PM me to pre-order.  (this is for all pre-orders, not just those made on Bitcoin Black Friday)

In the spirit of Black Friday deals this week, I am now offering a free 1oz Minted NastyFans Seat for the first 20 pre-orders of one of these 5oz coins.  That includes those who have already pre-ordered.



Please PM me to place your pre-order.

0 & 0.  You wouldn't be interested as we don't encourage spamming for bits.

Excellent work so far nonnakip.  I love seeing that NastyPoP list grow!

I received an email from them telling me that there would soon be an update on the class action lawsuit.

I'm enrolling myself "OgNasty" so that I can get a ticket to check out the coming lottery system.

Great article!  Love what you guys are doing for the community and for bees.

You can see all the data here: https://bitcoinwisdom.com/bitcoin/difficulty

I'm actually surprised to see that we're currently set for a drop in 11 days.  You'd think people would be running at a loss just for the heat this time of year.  2014 is starting to feel a lot like 2011 did.

Thanks jsmit332 for your work on this NastyFans promotional video.  I appreciate all the time and effort you put into this.

Preview:
(click here to watch the entire video)

NastyFans member jsmit332 has created this promotional video to help promote NastyFans! 

Preview:
(click here to watch the entire video)

I did not order from Avalon so I guess I did miss out on that experience.

I have never deleted a single contrary post from my thread.  It isn't self-moderated, so it would be impossible for me to do so.  I'm not sure why you would falsely accuse me of that or claim that NastyFans opposed to BFL at the time we ordered were the majority, as both statements are incorrect.

I have made a private proposal to Carnth that I think would benefit current ETF holders more than a simple liquidation and includes a mixture of BTC and NastyFans seats.  I think having Carnth manually liquidate everything would be time consuming for him, open the door for manual errors, destructive to the underlying assets, and would force ETF holders to fire sale their remaining assets instead of continuing to be investors in the underlying assets.  Anyway, I just thought I'd offer to help get shareholders back in the game.  Liquidation is certainly an option and I am also willing to purchase the remaining assets of the fund to initiate that process.

After reading this, I felt compelled to respond.  Firstly, I did not screw my fans by ignoring advice.  At the time we had one of the first Monarch orders.  After making a killing on placing the first SingleSC order, it seemed like a no brainer.  Had I known Bitcoin was about to jump 10x in price, BFL was lying about their timeline, or that they had back alley deals to put their partners ahead of their customers on the Monarch batch, I would have acted differently.  In hindsight, was it a mistake?  Yes.  However, I made the best decision with the information available at the time.  That is all anyone can ever do.  Did I ignore the advice of a few people who were mad that they didn't have the luck with BFL that we had with the SC line?  Yes.  Were they the majority?  No.  We were making a ton of BTC off that purchase and most of the fans I talked to were quite excited about our Monarch orders pre-Novemeber of 2013.  Once it was realized that BFL was missing date after date, the BTC price had risen so much, asking for a refund would have been a sure loss at every moment from then until now.  While I did break down and ask for a 50% refund as BTC dropped below $400, the FTC threw a monkey wrench in the plan and we are now forced to sit and wait for the government to give us our money back.  Saying we will never recover is underestimating myself and nonnakip a great deal.  This Bitcoin adventure to us is not about maximizing profits today.  It is about building something great in the most turbulent environment that will stand up to the test of time.  Even if our mining operation went bankrupt, we would have NastyPool and our Minted Seats as potential BTC sources.  Not to mention we are always working on new secure services.  Thinking that NastyFans is only about mining is very short term thinking.



This is not the most accurate statement.  I reached an equity swap agreement with NastyMining debtholders to clear the debt.  This caused new seats to be created which then flooded the market due to debtholders using their newfound equity to recover some of their lost BTC.  That of course caused downward pressure on the seat price.  It is a shame that this fund is trying to liquidate during a time of downward pressure on the price, but I would be open to reaching a swap deal of some kind if shareholders of this ETF had a desire to become pure NastyFans seat owners.

Who should I contact about donating a Silver NastyFans Minted Seat for next week's giveaway?

It isn't my pool, but NastyPool has always operated as a default p2pool node with 0% fee.  You don't need to own a NastyFans seat to mine on it or see your stats, even now with the new -PPS option.  If you did want the benefits of owning a NastyFans seat, they can be purchased currently for ~0.01 BTC.  That's hardly a boys club that only privileged are given access to.  I'm sorry you feel that way.



Fair enough, although you wouldn't be the one executing the code so even seeing it wouldn't be proof enough for you to switch to NastyPool.  Independent testing would be the only thing that would convince we are truly operating fairly with a 0% fee.

I find it interesting that all of the communications I've received so far are asking if there are plans to give this development away, but nobody has even tried mining on our node with it yet.