Yes. This is both relevant and disturbing. I've requested a refund on our bASIC orders as per the results of our poll. Hopefully Tom will come through. For those that don't know the situation... Tom ( cablepair) seems to have disappeared and is being very slow processing refunds. I've sent him an email at: thomas@thomasvanriper.com pleading with him to return our funds. It seems he has refunded a few people, so there is still hope. It probably wouldn't hurt to shoot him a message asking to refund our order #'s 736 & 816 if you've had any prior relationship with him. |
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I'm in favor of canceling the ASIC orders but would prefer to maintain diversity with other ASIC developers rather than more orders with BFL.
Here's the problem with that. The other manufacturers are much smaller than BFL. The Avalon team for example isn't even accepting new orders at this time. Deepbit's ASIC doesn't seem like the greatest deal, and as far as I know ASICMINER isn't selling individual units to be shipped anytime soon. BFL has stated that they've ordered excess supply of ASIC chips and thus is probably our best chance at getting an order filled quickly if placed now. I definitely understand the diversity argument, but it seems like at this time BFL is our best bet. |
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It looks like besides falling months behind the other manufacturers, BTCFPGA is also selling itself to an "asian company" that has not yet been named. This makes me nervous. What are your thoughts on cancelling our bASIC orders and going all in on Butterfly Labs? I am selling my share in BTCFPGA and it is now going to be owned by a asian company that is 100% sure of a March Delivery. if you are not interested in doing business with this company please feel free to filll out a refund request and we will refund your money is full. There is plenty enough money to make all of these refunds and I have been a pillar of this community for years, so please no panic. Anyone that wants a refund - they will receive one today. Please I ask you to please accept my apologize - if you can wait until March you will receive a superior ASIC mining device, if you lost your trust in me and my company than I dont blame you at all. But please understand I tried the best at the best of my ability and I can't take any of this anymore. I am not the right man for this job. Your new ASIAN benefactors will be online soon to greet you all and see where were are at and hopefully they can calm some of your nerves. https://www.btcfpga.com/forum/index.php?topic=954.msg2804#msg2804 |
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I was wondering why the donations have been distributed between fewer seats? If anything, the number should be larger since people can still claim their seats?
Technically people could obstain from donations; however that seems unlikely. I purchased some additional shares when the asking price dropped. Since I am not accepting donations on my shares, that caused the distribution to be split among less seats. |
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I havent been following... when are the ASICS supposed to get here?
I received email confirmation that our first bASIC order was a batch 1 order and should ship by mid-January. The timing for when the 2nd order or the BFL ASICs will arrive is unknown at this time. |
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Let's leave usagi's fund mismanagement to his threads please.  |
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I've gotten a few PMs asking about why the hashrate varies so much. As stated earlier, it is due to the way the pools calculate it. I figured this picture might put some of you at ease. We are indeed operating at nearly 7.3GH/s constantly with almost 0% rejects.  |
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UPDATE:OP updated with some fanclub statistics courtesy of nonnakip. The currently operating statistic is taken as a combined reading from several of our pools. Since each pool calculates this differently, it varies quite a bit.
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Why are all those tiny micro coins in the nasty fans wallet?
I have no idea who is sending those micro coins, but I won't look a gift horse in the mouth. |
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I was wondering about the ASICs; I believe that in the GLBSE era there was a plan to have a certain amount of Mh/s correspond with 1 share. Now that there's been another FPGA purchase which is also another ASIC-trade-in, and now that the ASIC specs have been seriously adjusted, what does this add up to? It may be a bit early but it does determine the value of the NastyMining Operation See the below quote. Looking over the amount of BTC we've been able to mine since GLBSE went down, we have enough to order another BitForce Single SC for Nasty Mining. This brings us to a total of 744GH/s or 29.76MH/s per seat in ASICs on order. With there being no way to send donations to Nasty Fans currently, I feel this is a good use of BTC.
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How close are we to being able to distribute donations on nonnakip's site?
nonnakip has already completed the first donation distribution. |
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Nefario has provided me with a complete list. This whole GLBSE mess is behind us.
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Question; is this dividend a fair representation of the coming weekly dividends? Or was there much time lost reconfiguring different pools and the new version of CGMiner?
I think we'll be moving away from weekly donation distributions soon in favor of real time distributions. That being said, NASTY MINING is currently mining around 1BTC per day with the FPGA setup. It will be a much different story when ASICs arrive. DISCLAIMER: I didn't actually do any maths on this. Wouldn't that eat much more transactions fees? nonnakip has gone through a great deal of effort behind the scenes to minimize these fees. |
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Question; is this dividend a fair representation of the coming weekly dividends? Or was there much time lost reconfiguring different pools and the new version of CGMiner?
I think we'll be moving away from weekly donation distributions soon in favor of real time distributions. That being said, NASTY MINING is currently mining around 1BTC per day with the FPGA setup. It will be a much different story when ASICs arrive. |
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Could you provide your investors with the details on NASTY mining operation?
I could say anything. I'm working on ways to show you. It takes time. |
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@kuzetsa -> http://youtu.be/GZYhDMCOywwLast night I upgraded cgminer and am now mining on a few different pools that support the stratum mining protocol.
Adding mining pools has 2 delaying effects on donations. 1) Mined coins take time to be confirmed before they are distributed by the pool. 2) The confirmed coins must reach the payout threshold before being distributed. Saying that x amount of coins have been mined during a period when you don't have access to the information of how many unconfirmed coins have been mined or how many confirmed coins are awaiting the threshold to be paid out is flawed math. Blindly trusting the operators of nastymining, and the fan-site is NOT MY IDEA OF FUN ...
Luckily, Bitcoin is all about freedom. You have the choice to auction your seats and stop following this operation. I wouldn't look down on you for taking your ball and going home if you aren't having fun. |
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Then where is the other 40% 45% of the theoretical mined bitcoin going?
I have absolutely no idea what you're talking about, but I do enjoy reading your conspiracy theories. |
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Can someone remind me again what the percentages were supposed to be for electricity overhead not to hurt ognasty's continued mining?
Electricity is paid out of my own pocket, so it doesn't matter. |
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This code doesn't seem to be working for me in the config file. It sticks to mining on pool 0 even though there are 5 connected. I'm running the program directly from the cgminer-fpgaonly.exe file. Any ideas why? My issue is resolved with the latest version. Working how it should now. I'm very pleased. |
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