NastyMining - Free Electricity, No Fees, NastyFans.org

[bitcoinsucker1]

I was actually expecting double the donation.  Then I remember the ASICs have only been online for 4 days

[nonnakip]

Distribution 244964 is complete. This distribution had most donations since nastyfans exist. Even more than distribution 217037 when OgNasty donated 14.8 BTC as appreciation for the fans.

[silverfuture]

I like it!

[OgNasty]

I was actually expecting double the donation.  Then I remember the ASICs have only been online for 4 days

Our P2Pool luck has been below the norm since we got the ASICs running as well.  Hopefully we catch a lucky streak soon.  You can monitor us and our P2Pool luck using the following link: http://p2pool.info/  - It also makes a cash register sound each time a block is found. 

[OgNasty]

I've received a few questions regarding the BitFunder account and wanted to assure everyone that I am using 2-factor authentication on the account.  I assume this is the thread that generated some concern: https://bitcointalk.org/index.php?topic=251051.0

[🏰 TradeFortress 🏰]

I was actually expecting double the donation.  Then I remember the ASICs have only been online for 4 days

Our P2Pool luck has been below the norm since we got the ASICs running as well.  Hopefully we catch a lucky streak soon.  You can monitor us and our P2Pool luck using the following link: http://p2pool.info/  - It also makes a cash register sound each time a block is found. 

I'm not that into mining, but does P2P charge a fee? For example, I recall reading the creator of p2pool get a percentage of each block mined.

[A Meteorite]

I was actually expecting double the donation.  Then I remember the ASICs have only been online for 4 days

Our P2Pool luck has been below the norm since we got the ASICs running as well.  Hopefully we catch a lucky streak soon.  You can monitor us and our P2Pool luck using the following link: http://p2pool.info/  - It also makes a cash register sound each time a block is found. 

I'm not that into mining, but does P2P charge a fee? For example, I recall reading the creator of p2pool get a percentage of each block mined.

I remember at one time P2Pool had a mandatory fee, but it is now optional to donate to forrestv. The block finder does get a small bonus (to discourage against them withholding the block, though withholding the block can't be used to benefit them since the coinbase will pay out to everyone).

[Monetizer]

How can I buy some seats? I would love to put a bitcoin or two in!

[aquarius]

How can I buy some seats? I would love to put a bitcoin or two in!

just go to https://www.nastyfans.org/ and create an account.  then, just click on the "auction" tab and go from there

[Monetizer]

How much are dividends generally (Approximately)

[nonnakip]

How much are dividends generally (Approximately)

The formula for donation distributions is listed in nastyfans policy.

Currently 19742 seats accept donations.

The donations to nastyfans is visible here: http://blockchain.info/address/1NastyFRkeUTmMdbMmzggDVTQA6r3ibUoX

On the OP you see NASTY MINING data to maybe predict future donations.

[OgNasty]

I'm not that into mining, but does P2P charge a fee?

As stated above, P2Pool does not charge a mandatory fee.  That being said, we are donating 0.9% of both BTC & LTC earnings toward the future development of P2Pool.  I see this as us doing good.  I do believe we would be slightly more profitable mining with one of the large pools and withholding donations, but I personally would rather do what is best to support the community and Bitcoin decentralization/development in general.

[miscreanity]

I'm not that into mining, but does P2P charge a fee?

As stated above, P2Pool does not charge a mandatory fee.  That being said, we are donating 0.9% of both BTC & LTC earnings toward the future development of P2Pool.  I see this as us doing good.  I do believe we would be slightly more profitable mining with one of the large pools and withholding donations, but I personally would rather do what is best to support the community and Bitcoin decentralization/development in general.

I see this as very responsible and long-term beneficial. Colonial-style wealth extraction bleeds the source dry, while this form of pseudo-partnership compounds growth and success over time.

[silverfuture]

I'm not that into mining, but does P2P charge a fee?

As stated above, P2Pool does not charge a mandatory fee.  That being said, we are donating 0.9% of both BTC & LTC earnings toward the future development of P2Pool.  I see this as us doing good.  I do believe we would be slightly more profitable mining with one of the large pools and withholding donations, but I personally would rather do what is best to support the community and Bitcoin decentralization/development in general.

I see this as very responsible and long-term beneficial. Colonial-style wealth extraction bleeds the source dry, while this form of pseudo-partnership compounds growth and success over time.

Agreed, this is why I hold NASTY MINING seats. Transparency and solid ethical underpinning.

[🏰 TradeFortress 🏰]

I support the 0.9% fee too for continued development of P2Pool, but I wonder how that works. I need to look more into p2pool.

[Carnth]

I support the 0.9% fee too for continued development of P2Pool, but I wonder how that works. I need to look more into p2pool.

The fee is user configurable (when you setup the P2Pool node) and can be set to whatever you want (even 0).
The fee is sent to the P2Pool developer's (forrestv) BTC address.

[noodle_dam]

I'm excited about tomorrow's donations! Will it be the largest amount ever? Big Day.

[djjacket]

How long before unpaid seat purchases are confirmed?  Is this a manual process?  The bitcoin transaction for the purchase has 14 confirmations at the moment.  Just bought my first seat to join the club. 

[nonnakip]

How long before unpaid seat purchases are confirmed?  Is this a manual process?  The bitcoin transaction for the purchase has 14 confirmations at the moment.  Just bought my first seat to join the club. 

The server responsible for handling payments had some problems (again). Sorry. It is back online and all queued purchase orders are complete. Thank you for reporting and for your patience.

[djjacket]

How long before unpaid seat purchases are confirmed?  Is this a manual process?  The bitcoin transaction for the purchase has 14 confirmations at the moment.  Just bought my first seat to join the club. 

The server responsible for handling payments had some problems (again). Sorry. It is back online and all queued purchase orders are complete. Thank you for reporting and for your patience.

Great - that did it...  Thanks