Something cool about this distribution...  Nearly 40% of the donations were from sales of our Physical Seat Coins!

I'm pretty excited for this new reward system.  A 0% fee P2pool node with a >100% BTC payout sounds like a win-win-win for the network-NastyFans-miners.

Just in from Alpha Technology...  Our 25MH/s scrypt miner order has been upgraded to a 90MH/s scrypt miner free of charge and we should expect it to ship in July.

1. Green technology wouldn't change things for fans/mining at all.  It would secure that our structure can continue operating with no costs like this.  I wouldn't expect fans to absorb this cost either.  If there was sufficient demand or a private investment, I would like to sell off a block of my personal seats in order to pay for the green technology.  If anyone is interested in buying a block of seats, please contact me via PM.  Perhaps a few large buyers out there would like to take advantage of this offer to buy a block of seats without buying the auction up to double the price...

2. I haven't given any thought to over clocking the singles.  They run pretty hot and inefficiently as is.  Once our Monarchs arrive, I may end up auctioning them if a better solution hasn't presented itself.  The offers I've received for them recently have been in the $175 range, so we might as well mine with them until we have better equipment in hand and then auction them or something.

3. Obviously our fundraising process needs an overhaul from the structure of the debt to the interface that debtors use to see it.  I've discussed and heard some amazing ideas from nonnakip about this.  I have no idea how long a market for NastyCredits would take to develop, but based on the ideas I heard, it will be a while.  The plan is to take it way beyond just a debt market and if nonnakip is able to implement half the ideas I heard, I will truly be excited as a trader and a fan.


Thanks for the suggestions. 

- A bond lottery system sounds interesting.  We've discussed various ways to introduce a lottery to encourage participation amongst miners, but not fans.  That is something to consider.
- I've thought a lot about things we can do like prize giveaways.  Once we get the final bill for our scrypt miner and make payment, I wouldn't be surprised to see some new Nasty products with a fun giveaway to kick things off.   

Yes, they do have PSU's.  I would also buy them all at that price.

Alpha Technologies just released a statement regarding KNC's entering the Scrypt ASIC ring.

That is intriguing.  I think we had better stick to our Alpha Technologies order and hope that they beat KNC to the market with a more efficient product, considering we have already put down a deposit.

1) nastyfans.org:9332 (no signup needed, just use your BTC address as your username)
2) 0% fee P2pool node, helping support network decentralization.
3) PPLNS

I ordered one of these and Pebbles delivered as promised.   

I received coupon codes from BFL for our 9 free Monarchs and immediately placed the orders to get us in the queue.  I also confirmed that our original 9 orders have been upgraded to Imperial Monarchs.

Thanks for the opportunity Scott.  I was surprised to see other outlets were immediately running the story as well.  Very appreciative for the visibility.

Bitcoinfeed.net
Bitcoinregime.com
Simplifypayments.co.uk

That is a correct assumption.

Scott Fargo from Cryptocoinsnews.com did a piece on the NastyFans Seat Coin.  Check it out.

I watched the episode and laughed when I heard that line.  Congrats to Parks & Rec for sufficiently trolling the Bitcoin community.

Check out Scott Fargo's write up on Nasty Mining for Cryptocoinsnews.com.

I hope you're kidding. ghash.io has a dangerous amount of network share right now. It is the worst pool you could choose to mine on at the moment.

Yes, I will ship worldwide.  I typically ask international orders to take pity on me and send 0.02 BTC to the address in my signature for each international order.  I have no problem shipping bulk amounts, but there are less than 400 coins left for purchase at the moment.

Perhaps the part where they are giving us >250% of our ordered hashrate as well as having half the electricity consumption as the closest competitor?

If you would like to bet on whether or not the Monarch is vaporware, I would happily entertain that via PM.  This thread isn't the place to spread BFL FUD though.  There are plenty of threads in the hardware section for that.

They aren't vaporware at all.  It is most certainly time to get excited.