I have no interest in donating electricity to the fan club. I guess I'm the only one crazy enough for that. |
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My decision to host would depend on the terms of the deal.
What would you consider to be fair terms? I spent some time this morning looking at the numbers for profitability on a BFL single over the next 12 months. It's not looking good. When I account for electricity, shipping cost, plus some maintenance hassle factor, fan hosting will become uneconomical to the NastyFans fan club in about 3 months. I've come to the conclusion that the only way this device can remain profitable beyond around April 2014 would be if the difficulty levels off. With terahash units shipping on the horizon, I do not see this happening. Perhaps mining an alt would prove useful (ppcoin?). Personally, I think the best bet for the fan club would be to unload these units for 1.5BTC a piece, if you can find a buyer. Maybe you can find an ebay sucker apprentice who wants to cut their teeth in the crypto-currency mining space. With that being said, if the fan club decides to take the risk of fan-hosting on some singles, I can offer to host a Single for 0.2BTC upfront for 6 months to cover electricity & maintenance. No guarantee of uptime. You cover shipping to Canada. You supply the pool details. After 6 months, we can reevaluate what to do with the units. This is the best I can do; maybe someone else has a better deal for the fan club. I can easily see these units becoming entirely unprofitable by June. We definitely wouldn't pay anything for hosting. It would have to be a revenue sharing deal where the host got a % of the mined coins. I also don't think we could get 1.5 BTC each for them. In fact, I don't think we could get 1 BTC for them if we were selling today. Ideally, I guess we'd be looking for folks with free electricity or living somewhere cold that could use the heat. |
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My decision to host would depend on the terms of the deal.
What would you consider to be fair terms? |
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With our next-gen miners a month or so away, I'm beginning to think about what to do with our current miners. I'm open to ideas. Some things I've considered are having fans host them either for a certain period of time on a mine to own basis or splitting a % of the mined coins. We could also just sell them outright or have a lottery fundraiser of some kind. Any thoughts on the subject are welcome.
You got me interested  Is there a list of currently owned gear? The mine to own or splitting % looks like a nice option. The miners are 60GH/s BFL Singles and I would send no more than 1 per fan. Certain requirements would also have to be met if we were to go that route. |
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With our next-gen miners a month or so away, I'm beginning to think about what to do with our current miners. I'm open to ideas. Some things I've considered are having fans host them either for a certain period of time on a mine to own basis or splitting a % of the mined coins. We could also just sell them outright or have a lottery fundraiser of some kind. Any thoughts on the subject are welcome.
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Thanks for organizing this coin project for the NASTYFANS!
You're welcome. All domestic and international orders up to this point have now been shipped. My apologies for the delay with regards to international deliveries. |
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Are the rates decent ?
0% fee Bitcoin mining. Spread the network. Mine decentralized. |
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... we can sell/auction off the remaining assets and distribute them proportionally based on a list prior to TF transfers.
Sounds good to me. Sounds good to me as well. Would be nice to recover some funds for my 31 shares to the 1Nasty address. |
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John K doesnt work anymore, He scammed people. Just letting you know.
I'd like to hear the details of this IIRC he is MIA, Just seam to have disappeared. I can provide escrow if necessary. |
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I received an update from Alpha Technology that they are expecting to ship our scrypt miner by the end of Q2. I also read that BFL is predicting their liquid cooled miners to experience as much as a 50% increase in hashrate over what was stated, with deliveries expected to begin at the end of next month. CoinTerra is expecting to ship our miner at the end of next month as well. Exciting times are once again on the horizon.
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Total is 0.13 BTC?
Did you send 0.124? I made that statement after I received a random 0.124 BTC payment I couldn't identify the source of. I'm not angry and I didn't need a tip. I just wanted to explain my position after being accused of being unresponsive, which was not the case. In any event, a HAPPY ENDING as I have donated the gracious tip from KWH to the Bitcoin Foundation. http://blockchain.info/tx/98921da401d88fe34076c8e6f55df9be4ac5806a3e4a2ddb408f4cd4f6b91bd8 |
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You advertise 1%. I paid over 3%. 0.12 + 1% =0.1212, I sent 0.124. If there was any shortage it wasn't intentional. No big deal to me, refunded and all is well. Thank you for your time.
For the sake of my reputation, here is the PM that I sent you when you asked about using my escrow services. I don't quote PMs, but since I'm quoting myself I'll make an exception. Good luck with this deal and I'm sorry for whatever the misunderstanding was with my involvement. For a deal that small you'd be better off choosing someone else as an escrow agent. I charge a 0.01 minimum fee and that would be a ridiculous % to pay for an escrow fee on this deal.
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Purchasing the Corsair HX 850 using escrow through OgNasty and I am paying the fees. Seller please confirm.
Comfirmed =] Funds sent to OgNasty and he has your payment address. Please wait on his confirmation. Of course. I will try my hardest to get the PSU shipped out when I get home from work today. However, if I can not then it will most definitely be tomorrow. What's the status of this deal? Buyer requested return of funds. Hey OgNasty, You were taking a little long so we were going to proceed with the deal without you. Though now that you responded he may want to continue with the escrow...I am not sure. Either way I am shipping it to him first thing tomorrow so whether or not he wants to escrow through you is up to him. Thanks! I was taking long? The buyer already sent the funds and you made no effort to contact me. I was waiting to release the BTC and would have never heard from you if I didn't find this thread and post asking for an update. He also shorted my escrow fee. Blaming me for a lack of service when I sent multiple PM communications for a $3 fee which I am now refunding (paying the tx fee out of pocket) is a little low... I just received the requested PM to refund, and will do so now (less than 10 minute response time from seller confirming to refund). Refund tx ID: e2fee7e391a95345533e2da5505d1c1bf6413d53769a561571e00000f6adaa15-000 |
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Purchasing the Corsair HX 850 using escrow through OgNasty and I am paying the fees. Seller please confirm.
Comfirmed =] Funds sent to OgNasty and he has your payment address. Please wait on his confirmation. Of course. I will try my hardest to get the PSU shipped out when I get home from work today. However, if I can not then it will most definitely be tomorrow. What's the status of this deal? Buyer requested return of funds. |
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Would you consider trying middlecoin.com, hashco.ws, or switchercoin.com with that beast? It's a little early to speculate on how we will be mining with it. I'll keep our options open. |
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Is only the 30% covered with alt coins, or the total value?
Only the 30% has been paid so far. We still have ~0.5 BTC and ~$2,000 left from the alt coin proceeds. This will most likely not cover the entire remaining amount for the scrypt miner when it comes due, but we have already started rebuilding our alt coin stash for this purpose. |
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This was posted today by Butterfly Labs. Sounds as if they may begin shipping Monarchs very shortly... ...we feel our timeline to begin shipments towards the end of the year is solid. |
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