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Author Topic: NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012)  (Read 800299 times)
Squirrel Dearing
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January 10, 2014, 01:23:44 AM
 #1921

Is there anything wrong with me setting my donation address to the coin?

There is nothing wrong with that. But if you send BTC to the coin and later decide you need that BTC you must peel off hologram to get the private key. Something to be aware of.

Hmm.. Good point.  I'll have to think it through a little more..
Thanks for pointing that out Nonnakip, I think I'll just send some to it manually until I get it where I want it.

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January 10, 2014, 09:31:34 AM
 #1922

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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Equilux
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January 10, 2014, 12:42:48 PM
 #1923

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.

Thanks for the update! And exciting times indeed Smiley

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January 10, 2014, 04:00:59 PM
 #1924

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.

Thanks for the update! The middle of this year should be great for Nasty Mining.
Squirrel Dearing
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January 14, 2014, 10:46:54 PM
 #1925

Not sure if the problem is on my end or what but can't get to the nastyfans site..

CumpsD
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January 14, 2014, 10:47:36 PM
 #1926

Not sure if the problem is on my end or what but can't get to the nastyfans site..

Confirmed, down for me too
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January 14, 2014, 10:51:57 PM
 #1927

Not sure if the problem is on my end or what but can't get to the nastyfans site..

Confirmed, down for me too

I confirm it, too.

We need at least 6 confirms until it's fully confirmed there is a problem with the site. This is Bitcoin after all.  Wink

All previous versions of currency will no longer be supported as of this update
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January 15, 2014, 02:04:39 PM
 #1928

Looks like the site is back online.

nonnakip
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January 15, 2014, 07:36:52 PM
 #1929

Not sure if the problem is on my end or what but can't get to the nastyfans site..

Our ISP performed some infrastructure updates and needed to reboot our server. When the server booted it started the web server from the machine root instead of the web server I have set up in a container for nastyfans web interface. This was the first time the machine ever rebooted.

I fixed the boot sequence so it should boot up correctly if the machine ever reboots again.

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January 15, 2014, 08:44:39 PM
 #1930

Not sure if the problem is on my end or what but can't get to the nastyfans site..

Our ISP performed some infrastructure updates and needed to reboot our server. When the server booted it started the web server from the machine root instead of the web server I have set up in a container for nastyfans web interface. This was the first time the machine ever rebooted.

I fixed the boot sequence so it should boot up correctly if the machine ever reboots again.
Cool - I wasn't worried or anything, just wasn't sure if you were aware of it or not..

lunarboy
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January 16, 2014, 05:07:19 AM
 #1931


Has anyone done a calculation as to coins lost in fees per distribution?

I use the
Quote
'donation payout threshold: BTC (max 0.01, set to 0 for no threshold)'

I for one wouldn't object to having optional higher settings here also the default could also be set to a reasonable minimum value to save on dust payouts.
smooth
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January 16, 2014, 06:49:30 AM
 #1932


Has anyone done a calculation as to coins lost in fees per distribution?

I use the
Quote
'donation payout threshold: BTC (max 0.01, set to 0 for no threshold)'

I for one wouldn't object to having optional higher settings here also the default could also be set to a reasonable minimum value to save on dust payouts.

You shouldn't really be paying more than 1% in fees at 0.01, and probably less than that. If you really want to avoid fees you can carefully construct transactions that will get processed for free.

I'm a little uncomfortable with the implied fees given the 0.001 threshold for minted seats but I understand the tradeoffs.

As far as the distributions themselves, the fees aren't that high, the lastest paid 0.0005. But many of the outputs are in the dust range. Probably a good idea to extend the 0.001 minimum to all seats.

https://blockchain.info/tx/24dd3a6ed370882b80d90475d4545118033295d74392512288c3be5a9c582956
nonnakip
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January 18, 2014, 10:05:41 AM
 #1933

Distribution 281044 is complete. Thanks for the donations!

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January 20, 2014, 07:32:47 AM
 #1934

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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January 20, 2014, 07:35:23 AM
 #1935

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 Smiley Is there a list of currently owned gear? The mine to own or splitting % looks like a nice option.
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January 20, 2014, 07:45:26 AM
 #1936

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 Smiley 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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January 20, 2014, 08:12:36 AM
 #1937

My vote would be sell, get as much value out of them as possible. It is only a matter of time before they are worth nothing, but more than that the amount of output will be negligible for this group (once the new miners arrive), so better to just keep it simple.

I faced a similar decision when I recently sold off my blades. They were (and are) still profitable, with a good margin over power costs, but their output was so small compared to my other gear that it didn't seem worth the trouble to continue managing them.

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January 20, 2014, 08:27:07 AM
 #1938

The only bad thing in selling it, is you wouldn't want to pass the hot potato to fans, prefer a random stranger then Smiley

Selling to fans should still get them something
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January 20, 2014, 05:08:56 PM
 #1939

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 Smiley 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.
I am interested in hearing what kind of deal you might come up with. 

Unfortunately, I don't have any other ideas to help with the brainstorming..

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January 20, 2014, 06:25:50 PM
 #1940

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.


Although passing to fans is a interesting idea, I would ultimately vote to sell them. Either directly sell, auction them, or have a lottery.
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