I love the opendime how it is simple, elegant, technical all in one. I have quite a few containers to hold opendimes as well. And to answer in advance, that is a solar charger hooked to the BTCCARDZ resin opendime. And yes, I know I do not need to charge the opendime, I was trying to get the LED's to light up for the picture - who doesn't like LED's? But it did not really translate to the photo at all.  Recently, I received 2 of the Dime BTCombshelters from Liquidoptions and decided to raffle off the second one. See more information on these here: https://bitcointalk.org/index.php?topic=5299745.0An Opendime with several QR stickers of the address will be included. It was set up in order to get the address in order to print several QR stickers of the public address, but it was not used and is still sealed.  I was supposed to put this up on the first and I am a bit behind. The winners from my auctions at https://bitcointalk.org/index.php?topic=5305206.0 all get a free spot so there are 5 free slots and 11 paid slots. 0 - SatsLife 1 - SatsLife 2 - Est2013 3 - SatsLife 4 - SatsLife 5 - SatsLife 6 - SatsLife 7 - Evilish 8 - SatsLife 9 - SatsLife a - Ramelius b - SatsLife c - SatsLife d - SatsLife e - SatsLife f - haloxon slots are $5 equivalent in BTC or LTC and there is no limit on number of slots, it is a very minimal amount of sats, so if you can control your transaction fees, use the smallest fee possible - I just need the txnid or you may request a lightning invoice and I will provide one. BTC payment address: bc1qn37ly2yjla0thlnfsverzezrvxtxdsyvecp4es LTC payment address: LZVQZ1qivkmCeJTF1SosREfPmUBSPsp4avdo not send any payments to any other address, unless you request a lightning invoiceShipping is free within the US - international will be shipped to minerjones for reshipment, if you are outside of the US and you win, I will provide tracking to you and minerjones and you can arrange for reshipping with him. After all slots are full, I will select a block and the last character in the hash of that block will determine the winner. |
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A solitary gpu might make a few bucks a month but not much more.
Each GPU brings in a couple hundred bucks a month. This is a fairly small organization so it doesn't take much to increase the distribution %. Right now we have 2 GPUs and a 2/3's working S17 providing the mining donations, so buying 1 more GPU would actually be a decent increase in mining power. A big reason for this stagnation in hashrate is that I've been expecting a Bitcoin price increase for the last couple years and felt that sitting on our savings was the best move. That move has proven to be the right decision so far, so I'm not in a hurry to reverse it quite yet and open the floodgates on our savings. what are you mining to make a few hundred a month? and what gpu's? are you mining eth or rvn and converting it? or are you on nicehash? I wont use them, I lost half a btc in their "hack" and even though they say they paid everyone back, I haven't gotten anything back. Yes, we are mining on nicehash with a couple Radeon VIIs. They did pay us all the lost funds from the "hack" and I haven't found a better alternative to date. I wanted to stack altcoins instead of mining on nicehash, but when a poll was proposed the fans decided to keep the operation BTC only. well on nicehash you are pretty much mining alt coins - they just pay you in BTC - at least that is what I recall. I dont mine there and have never gotten reimbursed, though it was only about .5 btc which was not as much then as it is now. a lot of pools are crooked - slush stopped paying merged mining when NMC hit highs, by the time they paid it out years later it was worthless. I toss my gpus on something called cudominer - it mines eth/rvn/xmr and pays me in BTC or in any of the others if I so choose. and the more I mine, the more the fees drop. I have a few asics and my gpu/cpu rigs there. the others are mining solo - hoping for a lottery win |
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the funny part is the coin in the image states it is "gold plated" lol maybe they stripped all the gold off...
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A solitary gpu might make a few bucks a month but not much more.
Each GPU brings in a couple hundred bucks a month. This is a fairly small organization so it doesn't take much to increase the distribution %. Right now we have 2 GPUs and a 2/3's working S17 providing the mining donations, so buying 1 more GPU would actually be a decent increase in mining power. A big reason for this stagnation in hashrate is that I've been expecting a Bitcoin price increase for the last couple years and felt that sitting on our savings was the best move. That move has proven to be the right decision so far, so I'm not in a hurry to reverse it quite yet and open the floodgates on our savings. what are you mining to make a few hundred a month? and what gpu's? are you mining eth or rvn and converting it? or are you on nicehash? I wont use them, I lost half a btc in their "hack" and even though they say they paid everyone back, I haven't gotten anything back. |
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if you have half a million dollars in stored funds, maybe increase the distribution percentage? that would also put funds back in the seat owners hands.
Right now 25% of donations are sent to NastyMining. Do you mean to reduce the % of donations that are going to NastyMining in order to increase the distribution % for seat owners? That could definitely be something we could vote on if there was interest in doing so. What amount do you think it should be lowered to? The last time we lowered it, we went from 50% to 25%. I could see another smaller reduction having some merit at least until we figure out a plan for our savings. Having a large and growing savings isn't the worst thing though, as it does put a floor under seat prices that will eventually lead to their BTC price rising even if the BTC exchange rate rises as well. Possibly go to 50 or somewhere between - or go big with the miners - if I had half a million - I would be adding at least a few PH If we wanted to raise the distribution % for seats we would need to lower NastyMining’s % not raise it. Going big with miners seems like a good idea, but I think that’s probably the riskiest thing we could do at this point in the market cycle. A continued rise in the BTC price would flood the market with more miners, drowning us in higher difficulty while at the same time reducing our amount of BTC held so we don’t get to enjoy as much price appreciation. I’d much rather buy mining equipment when the price is on the decline. I hear that more miners seems to be the popular suggestion thus far, so I will look into picking up another GPU soon, which shouldn’t make much of a difference in our savings. when I said raise, I am talking about the distribution to the seat owners - so if that means to lower the other's then yes. 500k is a decent amount and a gpu will not make a dent in it. Not sure what you would do with a gpu as also will not really increase any profits either. A solitary gpu might make a few bucks a month but not much more. |
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congrats @hookzup1 and thank you @Frank Alpencoin for doing the giveaway!
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if you have half a million dollars in stored funds, maybe increase the distribution percentage? that would also put funds back in the seat owners hands.
Right now 25% of donations are sent to NastyMining. Do you mean to reduce the % of donations that are going to NastyMining in order to increase the distribution % for seat owners? That could definitely be something we could vote on if there was interest in doing so. What amount do you think it should be lowered to? The last time we lowered it, we went from 50% to 25%. I could see another smaller reduction having some merit at least until we figure out a plan for our savings. Having a large and growing savings isn't the worst thing though, as it does put a floor under seat prices that will eventually lead to their BTC price rising even if the BTC exchange rate rises as well. Possibly go to 50 or somewhere between - or go big with the miners - if I had half a million - I would be adding at least a few PH |
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if you have half a million dollars in stored funds, maybe increase the distribution percentage? that would also put funds back in the seat owners hands.
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So you are saying me that my 0,001 bitcoin sartori is funded with 0,025?
Sorry, but I don’t understand. Have around 30 satori so I have 0,75 bitcoin?
no sorry for any confusion - each satori has .001 correct? so a roll would be 25 chips at .001 ea or a total of .025 for the entire roll. again, that is because I thought you were trying to sell the roll intact - not one chip at a time. |
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Have no idea about value. 0,005 bitcoin is too cheap for one 24xxx series satori? Have some pre-fork satori roll (0,001 Bitcoin loaded).
If someone is interested, can reply here or contact me in pm.
I hope to sell at 0,005 BTC each.
Escrow is a must.
if you are selling the rolls at .005 BTC each, I will buy them all - I think you meant .05 BTC ? oh I thought you said you were selling rolls, and .005 BTC would be too low for a roll as the funded value of a roll is .025 BTC.005 for a chip is not too low - more than I would pay - it would require 150k btc to break even at that price. I dont mind premiums but not 5x premium - though I think many people are paying that price for Satori's without batting an eye. |
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Have some pre-fork satori roll (0,001 Bitcoin loaded).
If someone is interested, can reply here or contact me in pm.
I hope to sell at 0,005 BTC each.
Escrow is a must.
if you are selling the rolls at .005 BTC each, I will buy them all - I think you meant .05 BTC ? |
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Thanks for distributions for 8 straight years. Mad respect.
are you still paying back people all the lost funds from your "venture"? He paid us back. That’s all that is relevant to this thread. 8 years of distributions has to be a record for crypto. Maybe someone should contact Guinness. Happy New Year everyone! Anybody got any ideas what we should do with the more than half a million dollars we have sitting around? I never imagined when I asked for funds to buy an FPGA miner that this would be the outcome. Such an amazing ride we’ve all been on. How can NastyMining give back to the seat owners? nice to hear - I see that a lot of the feedback on that issue has not been changed yet so was curious. Have you thought about getting more miners to increase your revenue? half a mil can make for a decent sized addition to your current mining. |
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Glad everyone enjoyed it.
Tune in tomorrow for more (so long as fees are low when I post it)
Mopar I'll ship to the same address as always unless you PM me.
-Dave
nope that is perfect @DaveF - side note, got the paper will use it on my next set of pokerchip wallets - thank you! |
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thanks! grandson is like "yessssss!" lol and he says thank you to hookzup1 and DaveF
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Thanks for distributions for 8 straight years. Mad respect.
are you still paying back people all the lost funds from your "venture"? |
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awesome @hookzup1 and DaveF
I will take #7 for my grandson who is starting to collect anything bitcoin related now lol
good luck to all entrants!
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Ticket price lowered to 0.0015625 BTC!!! Multiply this by 16= 0.025 BTC total. This is for 2 coins, 1 of which includes factory funding of 0.02009 BTC.
"Factory funding"? You mean you funded it from MJ before you got it?  I have 2 full sets of all 3 of these graded, and all are unfunded by default.  from a discussion I had with minerjones -
very few came unloaded.. as most sold, but there were a handful that were not
so it could be one that was funded from the start. I have the one on the right - mine is also not funded. and if they were funded from the start - it was done by minerjones. |
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best designed. I will take one.  awesome! link is in signature - be sure to use the coupon code to save 5% |
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winning bids
Lot 1: 0.0005 BTC - Est2013 closed - winner
Lot 2: 0.0007 BTC - Ramelius closed - winner
Lot 3: 0.0017 BTC - Ramelius closed - winner
Lot 4: 0.0011 BTC - Evilish closed - winner
Lot 5: 0.0012 BTC - SatsLife closed - winner
Lot 6: 0.001 BTC - haloxon closed - winner
Lot 7: 0.005 BTC - Ramelius closed - winner
Lot 8: 0.004 BTC - Ramelius closed - winner
Lot 9: 0.0011 BTC - Evilish closed - winner
Lot 10: 0.0008 BTC - Evilish closed - winner
Lot 11: 0.0008 BTC - Evilish closed - winner
Lot 12: 0.0008 BTC - Evilish closed - winner
pm's will be sent shortly.
I thank everyone that participated and congrats to the winners.
all payments have been received and all packages have been shipped and tracking numbers provided to auction winners. I added 2 small extras to everyone's package - Happy New Year's and thank you for participating in my auction.
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