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Author Topic: NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012)  (Read 797670 times)
OgNasty
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June 14, 2012, 02:29:16 AM
 #21

On another note, OgNasty, if you could set up an automatic system to pay dividends daily or every three days or something, that would be great, otherwise weekly is fine.

Lots of options are being considered to prepare us for the turbulent ride ahead in this market and enable us to pay out Bitcoin distributions in a reliable fashion.

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June 14, 2012, 09:13:30 PM
 #22

IPO UPDATE:
1,080 seats have been sold so far after 48 hours of trading.  That leaves roughly 2,260 more seats to be sold in order for seatowners to own all of the equipment that has already been purchased for this operation.  

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June 14, 2012, 09:28:35 PM
 #23

Added 88 shares and now owner of 100 NASTY shares  Grin
I have a feeling this will be the best kind of bond to have. 'Owning' the hardware and GPUMax seems like a dubble win.

Graphic Designer for hire (Ads/Logos/Banners...)   0.25 BTC  --> https://bitcointalk.org/index.php?topic=78924.msg878727#msg878727
BTC address: 1TimbojaydbZs1x5ptPVovsb9rATH3JSU
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June 14, 2012, 11:11:01 PM
 #24

Will this be an exclusively BFL operation, or is a heterogeneous environment including the likes of Lancelot in the cards?
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June 15, 2012, 12:43:36 AM
 #25

Will this be an exclusively BFL operation, or is a heterogeneous environment including the likes of Lancelot in the cards?

Lancelot hasn't been invited to the party, but we'll dance with whoever has the best music.

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June 15, 2012, 01:20:12 AM
 #26

OgNasty, will you be verifying more than just email on GLBSE?
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June 15, 2012, 04:25:22 AM
 #27

OgNasty, will you be verifying more than just email on GLBSE?

I wasn't planning on it.  I think I've traded with enough members on the forum to have earned the reputation of a verified non-scammer.  If it was deterring investment, I would look into it.  

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June 15, 2012, 08:29:21 AM
 #28

OgNasty, will you be verifying more than just email on GLBSE?

I wasn't planning on it.  I think I've traded with enough members on the forum to have earned the reputation of a verified non-scammer.  If it was detering investment, I would look into it. 
Is that mail address at least one from your provider or similar with your real name on it or something like "ognasty @ mail.ru"?

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June 15, 2012, 03:25:10 PM
 #29

OgNasty, will you be verifying more than just email on GLBSE?

I wasn't planning on it.  I think I've traded with enough members on the forum to have earned the reputation of a verified non-scammer.  If it was detering investment, I would look into it.  
Is that mail address at least one from your provider or similar with your real name on it or something like "ognasty @ mail.ru"?

It is my gmail account, which is linked to my mobile phone. More importantly, many members of this forum and seatowners of this organization know my identity and home address.

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June 16, 2012, 07:57:08 AM
 #30

Check it out
http://news.yahoo.com/butterfly-labs-announces-next-generation-asic-lineup-054626776.html

Quote
Because our first and second generation equipment is expected to be outpaced very quickly by the new hardware, customers who have purchased earlier generation products will be able to trade them in at 100% of their value toward the purchase of SC-generation hardware.

Sound like this bond got a lot more interesting Smiley

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June 16, 2012, 02:49:08 PM
 #31

ANNOUNCEMENT:
With the Butterfly Labs ASIC miners coming soon, NastyMining is pleased to announce that we will be participating in the FPGA->ASIC trade-in program once it is made available.  This will bring the hashing power per seat up to around 20MH/s.


Quote from: Butterfly Labs Announces Next Generation ASIC Lineup
Because our first and second generation equipment is expected to be outpaced very quickly by the new hardware, customers who have purchased earlier generation products will be able to trade them in at 100% of their value toward the purchase of SC-generation hardware.

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June 16, 2012, 06:06:47 PM
 #32

ANNOUNCEMENT:
With the Butterfly Labs ASIC miners coming soon, NastyMining is pleased to announce that we will be participating in the FPGA->ASIC trade-in program once it is made available.  This will bring the hashing power per share up to around 20MH/s.  Once the trade-in program is completed, the contract for this offering will be updated to reflect the new terms.


Quote from: Butterfly Labs Announces Next Generation ASIC Lineup
Because our first and second generation equipment is expected to be outpaced very quickly by the new hardware, customers who have purchased earlier generation products will be able to trade them in at 100% of their value toward the purchase of SC-generation hardware.

S-w-e-e-t. I just hope this BFL ASIC line doesn't put FPGA/GPU miners completely out. I mean, 1Thash/s for $20,000$30,000=$20$30 per Ghash/s.

Edit: Fixed the numbers there, got that a little messed up.

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June 17, 2012, 12:47:08 AM
 #33

Getting on board the ASIC train ;)
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June 17, 2012, 04:24:40 PM
 #34

Getting on board the ASIC train Wink

It appears that this train is "ride or die" for Bitcoin miners.

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cst
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June 17, 2012, 05:34:14 PM
 #35

Getting on board the ASIC train ;)

It appears that this train is "ride or die" for Bitcoin miners.

Nobody can stop the progress, whether we like it or not. Although I think it's gonna be some time before those that don't want to/can't get on 'die'.

EDIT: grammar ;)
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June 17, 2012, 05:49:04 PM
 #36

Hi there,

I find your offer interesting. Can you please clarify the statement "up to around 20MH/s" baked by actual calculations?

Thanks.

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June 17, 2012, 08:47:29 PM
 #37

Hi there,

I find your offer interesting. Can you please clarify the statement "up to around 20MH/s" baked by actual calculations?

Thanks.

The BFL trade-in program isn't official yet, nor has the ASIC statistics been confirmed, so it would be impossible to clarify the statement at this time.  Using the numbers from the announcement, I made a general statement about what shareholders can expect once the trade-in is completed, in order to provide a realistic expectation for the future.

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June 17, 2012, 08:56:30 PM
 #38

I agree with what you said. But up to 20MH/s, can be as well only 1.1 Mh/s, see the cellphone contracts. You can reformulate as "20MH/s provided BFL doesn't change the initial unit parameters and upgrade conditions."
For sure it will provide piece of mind to investors.

Hi there,

I find your offer interesting. Can you please clarify the statement "up to around 20MH/s" baked by actual calculations?

Thanks.

The BFL trade-in program isn't official yet, nor has the ASIC statistics been confirmed, so it would be impossible to clarify the statement at this time.  Using the numbers from the announcement, I made a general statement about what shareholders can expect once the trade-in is completed, in order to provide a realistic expectation for the future.

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June 17, 2012, 09:32:06 PM
 #39

Hi there,

I find your offer interesting. Can you please clarify the statement "up to around 20MH/s" baked by actual calculations?

Thanks.

The BFL trade-in program isn't official yet, nor has the ASIC statistics been confirmed, so it would be impossible to clarify the statement at this time.  Using the numbers from the announcement, I made a general statement about what shareholders can expect once the trade-in is completed, in order to provide a realistic expectation for the future.

As u say the trade in program has not been announced. What if it is a case of send back your singles, and you are now in the queue, along with anyone one else who has purchased. This means that you are back in the position of Wang x months for the new hardware without any old / current hardware mining.
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June 17, 2012, 10:12:41 PM
 #40

I agree with what you said. But up to 20MH/s, can be as well only 1.1 Mh/s, see the cellphone contracts. You can reformulate as "20MH/s provided BFL doesn't change the initial unit parameters and upgrade conditions."
For sure it will provide piece of mind to investors.

Is this a major concern?  I think my reputation would speak a little for me here as I am not out to scam anyone, but instead provide a useful investment option to protect investors against the coming losses of 1MH/s bonds currently trading on the exchange.  I will trade any organization owned equipment for BFL's ASIC miners once they are available.  Once the exact figures are released and confirmed, I will be able to make a definitive statement.

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