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Author Topic: NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012)  (Read 798911 times)
ManeBjorn
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March 18, 2014, 08:46:45 PM
 #2081

That is great news.
I hope they do get them out the door this time.
I was really on the fence about wanting one and now I want one to test and review.  They look like fun beasts.

I received coupon codes from BFL for our 9 free Monarchs and immediately placed the orders to get us in the queue.  I also confirmed that our original 9 Monarchs have been upgraded to Imperial Monarchs.

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March 18, 2014, 08:50:58 PM
 #2082

Most of the drop in seat price is just a mirror image of the increase in bitcoin price. In dollar terms the seats are right around where they were a year ago.


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March 19, 2014, 01:21:07 PM
 #2083

I'm sure this isn't news to you guys but figured why not post it.. I got an email from KnC that they are launching a scrypt miner called the Titan.  They "say" they think they can beat the competition to market..


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March 19, 2014, 03:55:56 PM
 #2084

I'm sure this isn't news to you guys but figured why not post it.. I got an email from KnC that they are launching a scrypt miner called the Titan.  They "say" they think they can beat the competition to market..

That is intriguing.  I think we had better stick to our Alpha Technologies order and hope that they beat KNC to the market with a more efficient product, considering we have already put down a deposit.

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Squirrel Dearing
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March 19, 2014, 04:02:48 PM
 #2085

I'm sure this isn't news to you guys but figured why not post it.. I got an email from KnC that they are launching a scrypt miner called the Titan.  They "say" they think they can beat the competition to market..

That is intriguing.  I think we had better stick to our Alpha Technologies order and hope that they beat KNC to the market with a more efficient product, considering we have already put down a deposit.

Hey, it's only $10,000 for a reported 100 Mh/s (at this point) 

edit: </sarcasm>

https://www.kncminer.com/products/titan?resellerid=354&gclid=CJLMjoH8nr0CFWdk7Aod5hoA2Q

Here's the update I got:
http://forum.kncminer.com/forum/news-and-anouncments/31440-new-scrypt-miner-titan

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March 19, 2014, 04:07:31 PM
 #2086

Alpha Technologies just released a statement regarding KNC's entering the Scrypt ASIC ring.

Quote from: Alpha Technologies
Greetings Miners!
We would like to assure you we are very aware of our competitors hash rates and pricing and intend to match them, we started development in May 2013 and are on schedule to ship in July giving us a clear lead.  During development we decided to make our units larger and upgradeable so we could accommodate increased hash rates with ease, we gave ourselves this leeway for a variety of reasons.  The announcement of Scrypt miners by our competitors was of course one such reason that we anticipated and planned for.  A full announcement with details on our new batch 1 hash rates will be released very soon!

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Squirrel Dearing
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March 19, 2014, 04:10:54 PM
 #2087

Alpha Technologies just released a statement regarding KNC's entering the Scrypt ASIC ring.

Quote from: Alpha Technologies
Greetings Miners!
We would like to assure you we are very aware of our competitors hash rates and pricing and intend to match them, we started development in May 2013 and are on schedule to ship in July giving us a clear lead.  During development we decided to make our units larger and upgradeable so we could accommodate increased hash rates with ease, we gave ourselves this leeway for a variety of reasons.  The announcement of Scrypt miners by our competitors was of course one such reason that we anticipated and planned for.  A full announcement with details on our new batch 1 hash rates will be released very soon!

Sweet! Gotta love competition and the free market (well, in this regard anyway!)

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March 20, 2014, 05:12:26 PM
 #2088

not posted in a long time Smiley

I've read a bunch of pages, and have some questions for OgNasty:

1. If we go to green technology for electricity in the future will the spit between fans/mining change or stay the same
2. Have you thought of overclocking the singles to get a bit more life out of them vs selling them
3. For fundraising, have you ever thought of a bond lottery type system:

- members choose to forgo dividend, and their share becomes an entry to lottery. The div then goes to debts/re-investment/etc
- put up some prizes. e.g use some bitcoin merchants like gyft or some seats as a prize each week

Keep up the good work both nonnakip and OgNasty Smiley

 
 
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March 20, 2014, 09:36:14 PM
 #2089

I've read a bunch of pages, and have some questions for OgNasty:

1. If we go to green technology for electricity in the future will the spit between fans/mining change or stay the same
2. Have you thought of overclocking the singles to get a bit more life out of them vs selling them
3. For fundraising, have you ever thought of a bond lottery type system:

- members choose to forgo dividend, and their share becomes an entry to lottery. The div then goes to debts/re-investment/etc
- put up some prizes. e.g use some bitcoin merchants like gyft or some seats as a prize each week

1. Green technology wouldn't change things for fans/mining at all.  It would secure that our structure can continue operating with no costs like this.  I wouldn't expect fans to absorb this cost either.  If there was sufficient demand or a private investment, I would like to sell off a block of my personal seats in order to pay for the green technology.  If anyone is interested in buying a block of seats, please contact me via PM.  Perhaps a few large buyers out there would like to take advantage of this offer to buy a block of seats without buying the auction up to double the price...

2. I haven't given any thought to over clocking the singles.  They run pretty hot and inefficiently as is.  Once our Monarchs arrive, I may end up auctioning them if a better solution hasn't presented itself.  The offers I've received for them recently have been in the $175 range, so we might as well mine with them until we have better equipment in hand and then auction them or something.

3. Obviously our fundraising process needs an overhaul from the structure of the debt to the interface that debtors use to see it.  I've discussed and heard some amazing ideas from nonnakip about this.  I have no idea how long a market for NastyCredits would take to develop, but based on the ideas I heard, it will be a while.  The plan is to take it way beyond just a debt market and if nonnakip is able to implement half the ideas I heard, I will truly be excited as a trader and a fan.


Thanks for the suggestions. 

- A bond lottery system sounds interesting.  We've discussed various ways to introduce a lottery to encourage participation amongst miners, but not fans.  That is something to consider.
- I've thought a lot about things we can do like prize giveaways.  Once we get the final bill for our scrypt miner and make payment, I wouldn't be surprised to see some new Nasty products with a fun giveaway to kick things off.   Wink

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March 21, 2014, 12:19:22 AM
 #2090

Just in from Alpha Technology...  Our 25MH/s scrypt miner order has been upgraded to a 90MH/s scrypt miner free of charge and we should expect it to ship in July.

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smooth
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March 21, 2014, 12:53:13 AM
 #2091

What was the originally promised ship date on the alpha scrypt miner?

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March 21, 2014, 12:57:37 AM
 #2092

Just in from Alpha Technology...  Our 25MH/s scrypt miner order has been upgraded to a 90MH/s scrypt miner free of charge and we should expect it to ship in July.

Thats good news. Seems to be the trend, order one thing, it gets delivered late, you end up with 100-200% more than you asked Smiley

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March 21, 2014, 01:27:35 AM
 #2093

That is very cool.
Now the only thing we have to worry about is different scrypt dev's have been talking about hard forking several of their coins to head off the scrypt ASIC influx.

Just in from Alpha Technology...  Our 25MH/s scrypt miner order has been upgraded to a 90MH/s scrypt miner free of charge and we should expect it to ship in July.

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March 21, 2014, 07:45:59 PM
 #2094

On 2014-03-17 I begin recording the accepted P2Pool shares submitted by NastyPool miners. This will be used for a new reward system I develop with the help of OgNasty. I do not say now how this will work. I only want to inform NastyPool miners that since 2014-03-17 your mining contribution to NastyPool is tracked and will be used to give you extra benefits in nastyfans.

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March 21, 2014, 07:55:36 PM
 #2095

That is very cool.
So many great developments going on here.
Great Job.  Smiley

On 2014-03-17 I begin recording the accepted P2Pool shares submitted by NastyPool miners. This will be used for a new reward system I develop with the help of OgNasty. I do not say now how this will work. I only want to inform NastyPool miners that since 2014-03-17 your mining contribution to NastyPool is tracked and will be used to give you extra benefits in nastyfans.

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March 21, 2014, 09:37:00 PM
 #2096

On 2014-03-17 I begin recording the accepted P2Pool shares submitted by NastyPool miners. This will be used for a new reward system I develop with the help of OgNasty. I do not say now how this will work. I only want to inform NastyPool miners that since 2014-03-17 your mining contribution to NastyPool is tracked and will be used to give you extra benefits in nastyfans.

I'm pretty excited for this new reward system.  A 0% fee P2pool node with a >100% BTC payout sounds like a win-win-win for the network-NastyFans-miners.

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[]
nonnakip
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March 21, 2014, 11:48:36 PM
 #2097

Distribution 291747 is complete. nastyfans appreciates the donations!

ManeBjorn
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March 22, 2014, 02:11:47 AM
 #2098

That will be great.
Something the community should really get behind.
Remember both of you to get a hold of me when you want me to get it up on CCN and around the web.  Grin

On 2014-03-17 I begin recording the accepted P2Pool shares submitted by NastyPool miners. This will be used for a new reward system I develop with the help of OgNasty. I do not say now how this will work. I only want to inform NastyPool miners that since 2014-03-17 your mining contribution to NastyPool is tracked and will be used to give you extra benefits in nastyfans.

I'm pretty excited for this new reward system.  A 0% fee P2pool node with a >100% BTC payout sounds like a win-win-win for the network-NastyFans-miners.

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March 22, 2014, 03:48:57 AM
 #2099

Distribution 291747 is complete. nastyfans appreciates the donations!

Something cool about this distribution...  Nearly 40% of the donations were from sales of our Physical Seat Coins!

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ManeBjorn
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March 22, 2014, 05:57:37 AM
 #2100

That rules!!
Word is spreading and will spread more.

Distribution 291747 is complete. nastyfans appreciates the donations!

Something cool about this distribution...  Nearly 40% of the donations were from sales of our Physical Seat Coins!

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