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Author Topic: NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012)  (Read 798871 times)
kuzetsa
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August 30, 2012, 05:50:01 PM
 #181

(snip...)
CURRENT PRICE PER SHARE:

(...snip...)
ARE THERE ANY OTHER WAYS TO GET UPDATES ON THE COMPANY BESIDES THIS THREAD?
Updates are posted periodically on twitter as @NastyMining.  We have also procured nastymining.bit for a future website.

The word "current" should be changed to the date/time when the price was that value...

ZERO out of the 11 shares I've bought were that low, and the current price is higher than that.

Is that the bid price? ask price? Is that the value you're putting up ask orders for "on demand" (whenever they're determined to be "in demand" by whatever arbitrary measure you're using)


Also, very little info on the twitter feed. It's not nearly as much info as on the NASTY GLBSE page and this thread has more info too. (which is actually fine by me. I don't tweet, and don't wish to get news on twitter. Just figure that the claim about updates on twitter should be backed up by actual tweeting)

Glad to see the switch from GPUMAX, I admit it made me a little nervous. Actually your avatar, plus your old passthrough fund, and the use of GPUMAX made me wonder if you weren't pirate yourself.  Shocked

Anyway. Just wondering since Ozcoin and MtRed both have merged mining, what is happening to the namecoins being mined?

I'm also curious about that:

I wouldn't mind getting some namecoin, but how would that work? the GLBSE stock and dividends are done in BTC only as far as I'm aware.

... Does the hardware / software that nastymining is running even support this? It seems like a great idea, but I've never set it up on my own mining efforts.
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August 30, 2012, 11:46:32 PM
 #182

Anyway. Just wondering since Ozcoin and MtRed both have merged mining, what is happening to the namecoins being mined?
The Ozcoin NMC that are mined automatically convert to BTC and get paid out with the rest of our BTC earnings.  As far as I know, MtRed hasn't mined any NMC in months, so that is a non-issue.


The word "current" should be changed to the date/time when the price was that value...

ZERO out of the 11 shares I've bought were that low, and the current price is higher than that.

Is that the bid price? ask price? Is that the value you're putting up ask orders for "on demand" (whenever they're determined to be "in demand" by whatever arbitrary measure you're using)
The statistics are updated every 10 minutes and cached on my server to keep from flooding the GLBSE with requests.  This should allow for the statistics to appear more quickly and even when the GLBSE website has gone down.   Grin


Also, very little info on the twitter feed. It's not nearly as much info as on the NASTY GLBSE page and this thread has more info too. (which is actually fine by me. I don't tweet, and don't wish to get news on twitter. Just figure that the claim about updates on twitter should be backed up by actual tweeting)
When there is news worth tweeting, I will do so.  This thread is the #1 source of information about NastyMining.


I wouldn't mind getting some namecoin, but how would that work? the GLBSE stock and dividends are done in BTC only as far as I'm aware.
There is no way to payout NMC dividends on the GLBSE.  That is why they are converted to BTC and paid out with the rest of our earnings.  If you would like to get some NMC, I recommend using the Bitparking Namecoin Exchange.


Does the hardware / software that nastymining is running even support this? It seems like a great idea, but I've never set it up on my own mining efforts.
Yes, our hardware supports merged mining.

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September 01, 2012, 06:45:58 PM
 #183

A dividend of BTC14.6 has been paid.

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September 08, 2012, 06:12:25 PM
 #184

A dividend of BTC17.7 has been paid.

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September 10, 2012, 12:54:56 AM
 #185

A dividend of BTC17.7 has been paid.

Another great week!
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September 15, 2012, 07:35:20 PM
 #186

How are dividends shaping up for this week?
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September 15, 2012, 09:38:01 PM
 #187

A dividend of BTC8.3 has been paid.

I'm not sure of the reason why we mined so few coins this week.  It seems like the dividend dropped more than luck alone would explain.  Maybe the blockexplorer site I use to determine the total number of coins mined is falling behind, or maybe we had some temporary internet issues I wasn't aware of, or one of our pools fell offline, or possibly a difficulty increase.  In any event, I will pay close attention to the operation going forward to see that things return to the higher dividends we've been seeing lately.  Hopefully BFL ships some ASICs soon...

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kroneko
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September 15, 2012, 09:59:08 PM
 #188

These things happen, truth is this should be a relative drop in the bucket compared to mining dividends once on ASIC.  Just be sure to do some un-boxing photos when the ASIC miners arrive! 
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September 15, 2012, 10:10:23 PM
 #189

Interesting how the pirate disappeared in your avatar.  Any further comment?   Undecided
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September 15, 2012, 10:18:12 PM
 #190

A dividend of BTC8.3 has been paid.

[...snip...]

Hopefully BFL ships some ASICs soon...

suddenly down to 0.00116311 per share with no explanation? (unreasonable or otherwise)

If this sort of unreliable activity persists after the ASICs arrive...

uhm...

Please fix it before then.

Edited to add:

https://docs.google.com/spreadsheet/ccc?key=0AmcTCtjBoRWUdHVRMHpqWUJValI1RlZiaEtCT1RrQmc#gid=0

http://blockexplorer.com/q/getdifficulty
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September 15, 2012, 10:33:26 PM
 #191

UPDATE:
I have added 2 new statistics.  Both are based off of the last dividend payment and the current price per share....

Somehow I think you have misspoke when you explained the new statistics.

The past 3 weeks, value has been going up every week (for annual dividend thingy) and it went up yet again even though this week the dividend went way down. What bogus math is this? How can I trust you anymore?

edited to add:

quote from edited original post:

PRICE PER SHARE:


ANNUAL DIVIDEND YIELD:


I just worked it out. If the 23.2% were correct, the dividend per share would be 0.0024707 BTC

Code:
0.5553 BTC * 23.2% * (7 / 365)

but this week's dividend was 0.00116311
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September 15, 2012, 10:54:23 PM
 #192

Interesting how the pirate disappeared in your avatar.  Any further comment?   Undecided

Someone complained about my link to GPUMAX, BTCST & even accused me of being pirateat40 himself.  For that reason I severed all ties with pirateat40, including the pirate in my avatar.  I will make sure to mention future avatar changes in this thread and my reasoning behind them.



suddenly down to 0.00116311 per share with no explanation? (unreasonable or otherwise)

If this sort of unreliable activity persists after the ASICs arrive...

uhm...

Please fix it before then.

I am sorry that I don't have an explanation.  I will look into this further and see what the cause is.  My guess is that it either has something to do with my home internet connection going down for a period of time, delayed payouts from one of our pools (Ozcoin or MtRed), or maybe a delay in the Blockexplorer site that caused the coins mined to appear less than the actual.  I will look into this issue further and see if I can find the exact cause.  Hopefully within the next few hours.  I will post my findings.  Once the issue is found, I will do my best to resolve it.



Somehow I think you have misspoke when you explained the new statistics.

The past 3 weeks, value has been going up every week (for annual dividend thingy) and it went up yet again even though this week the dividend went way down. What bogus math is this? How can I trust you anymore?

I just worked it out. If the 23.2% were correct, the dividend per share would be 0.0024707 BTC

Code:
0.5553 BTC * 23.2% * (7 / 365)

but this week's dividend was 0.00116311

I'm still waiting for Nefario to add the last dividend paid per share to the API.  Right now the Dividend & P/E Ratio are based off a manually updated dividend paid per share amount.  I am not able to update that at the moment, because I am away from the machine that is used for these scripts.  It will be updated soon.  As far as how can I be trusted...  I'd like to think that one week of a slightly lower dividend payment wouldn't cost me all the trust I've accumulated over the last 15 months of being an active Bitcoiner.  I will try to get to the bottom of what happened, but things do happen.  I didn't do anything to lose trust here.  All pool payments are made directly from the pool to our GLBSE account.  Both the pool operators and Nefario would be able to confirm this and I would rather go that route then to have people lining up with pitchforks.

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September 15, 2012, 11:06:36 PM
 #193

If you've been using MtRed as one of your pools then that could certainly explain the decrease this week. I'm not exactly sure what or how many days it was down, but it was easily down half of last week, and seems to go down often. If you're looking for another pool, I would suggest BitMinter or perhaps 50BTC if you want less variance.

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September 15, 2012, 11:10:25 PM
 #194

If you've been using MtRed as one of your pools then that could certainly explain the decrease this week. I'm not exactly sure what or how many days it was down, but it was easily down half of last week, and seems to go down often. If you're looking for another pool, I would suggest BitMinter or perhaps 50BTC if you want less variance.

Thank you for that bit of information.  Perhaps we should stop using MtRed?  Would shareholders like to weigh in on this?



Lost no trust here. Not expecting these shares to have upper range dividends until ASIC's arrive and got shares to help finance that investment.

Thank you.

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September 15, 2012, 11:11:33 PM
 #195

Below is a list of coins mined during the last dividend period.  As you can see, there appears to have been some sort of outage on the 13th thru the 14th.  I cannot explain that outage definitively yet, but wanted to post the information I have available to try and calm the nerves of investors and add transparency to the operation.

0.22087813  -   2012-09-08 16:52:51
0.19576715  -   2012-09-08 21:22:29
0.17638939  -   2012-09-09 00:03:43
0.20572446  -   2012-09-09 05:28:03
0.22609714  -   2012-09-09 22:08:54
0.19140921  -   2012-09-09 23:01:49
0.34084132  -   2012-09-10 01:17:04
0.37728242  -   2012-09-10 06:13:58
0.30797424  -   2012-09-10 18:23:45
0.30090788  -   2012-09-10 20:11:39
0.24838751  -   2012-09-10 23:47:47
0.22139757  -   2012-09-11 00:14:32
0.22132877  -   2012-09-11 02:56:38
0.23202216  -   2012-09-11 06:33:21
0.27002168  -   2012-09-11 16:01:00
0.22036827  -   2012-09-11 17:48:25
0.56940189  -   2012-09-11 22:45:11
0.16881764  -   2012-09-12 01:54:01
0.23877819  -   2012-09-12 07:44:46
0.21422582  -   2012-09-12 08:39:05
0.92706078  -   2012-09-12 11:49:13
0.13869136  -   2012-09-12 18:07:11
0.03863047  -   2012-09-13 13:01:29
0.14333254  -   2012-09-14 18:16:04
0.14586867  -   2012-09-15 00:33:51
0.17909209  -   2012-09-15 01:01:20
0.16960782  -   2012-09-15 03:17:07
0.34632228  -   2012-09-15 06:27:01
0.13799592  -   2012-09-15 08:14:44
0.15677564  -   2012-09-15 08:42:11
0.21511832  -   2012-09-15 14:06:18
0.52967459  -   2012-09-15 15:53:32

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September 16, 2012, 12:15:47 AM
 #196

... Perhaps we should stop using MtRed?  Would shareholders like to weigh in on this? ...

Huh  what?!

we're not using GPUMAX anymore?

COMPANY SUMMARY:
NastyMining is a Bitcoin Mining Company seeking to provide shareholders with not only 20MH/s per share of mining power, but also ownership in the Bitcoin mining equipment, no operator fees, free electricity and exposure to mining with GPUMAX.com to allow for maximum return on investment.
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September 16, 2012, 02:49:33 AM
 #197

Huh  what?!

we're not using GPUMAX anymore?

No, we aren't.  After BTCST defaulted, GPUMAX went several days without making payments for our mining.  I also noticed that the shares being submitted weren't accurately being reflected in the GPUMAX statistics.  That was a major concern, and I still can't understand why people are using GPUMAX after learning that the operator is a confirmed scammer that made off with nearly $5,000,000 worth of BTC.  The announcement was made on this thread.  Here is the link to that post: https://bitcointalk.org/index.php?topic=86854.msg1141383#msg1141383

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September 16, 2012, 02:52:13 AM
 #198

Huh  what?!

we're not using GPUMAX anymore?

No, we aren't.  After BTCST defaulted, GPUMAX went several days without making payments for our mining.  I also noticed that the shares being submitted weren't accurately being reflected in the GPUMAX statistics.  That was a major concern, and I still can't understand why people are using GPUMAX after learning that the operator is a confirmed scammer that made off with nearly $5,000,000 worth of BTC.  The announcement was made on this thread.  Here is the link to that post: https://bitcointalk.org/index.php?topic=86854.msg1141383#msg1141383

Using GPUMAX after the pirate default?  Baffles me as well.
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September 16, 2012, 11:14:47 PM
 #199

Interesting how the pirate disappeared in your avatar.  Any further comment?   Undecided

Someone complained about my link to GPUMAX, BTCST & even accused me of being pirateat40 himself.  For that reason I severed all ties with pirateat40, including the pirate in my avatar.  I will make sure to mention future avatar changes in this thread and my reasoning behind them.

I assume you are referring to my comment on the previous page. I just want to make it clear that I was not seriously accusing you of being pirate, nor was I complaining. I was simply replying to your request for comments about the move away from GPUMAX, which I was in favor of. I thought it would be humorous to mention the pirate stuff, as the forums were 24/7 pirate coverage at that time. If my humor failed to register, I am sorry, I included the smiley face animation as a way to indicate my lack of seriousness, but that doesn't always work I realize.

Just for the record, like my opinion even really matters, but in case it does, I fully believe you to be your own person, and in no way a sock puppet/alter-ego of pirate.
 Smiley
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September 17, 2012, 09:30:43 AM
 #200

I'm a shareholder and I would definitely vote against MTRed; they've just had too much downtime recently. I've been using 50BTC for the past week and it's been great so far, and the site has lots of graphs and stats that shareholders such as myself would appreciate (as in a weekly screenshot or something). I had been using BitMinter for a while, but didn't like the amount of variance they were getting, although other than that there wasn't any problems. At this point I would vote for 50BTC, although admittedly I don't have much experience with them thus far, and some people are against such large pools, although this is less of an issue now than it used to be.

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