NastyMining - Free Electricity, No Fees, NastyFans.org

[MrWDunne]

How early in the Monarch que is NastyMining?

Doesn't make a huge difference now, does it?

I mean, they didn't quite make the December delivery.

[Blazed]

How early in the Monarch que is NastyMining?

Doesn't make a huge difference now, does it?

I mean, they didn't quite make the December delivery.

I was just curious more than anything...was hoping maybe we would get a unit hashing (no holding breath). 

[OgNasty]

How early in the Monarch que is NastyMining?

4 of the units were purchased within the first hour of sales opening.  The other 5 were ordered over the following 48 hours.

[OgNasty]

HAPPY 2ND BIRTHDAY TO NASTY MINING!

It's been a great 2 years for us, and the future is looking brighter than ever.  Here's a quick look at where we started, and where we are now.  I've prepared quarterly performance reports that I will be releasing shortly after the end of the month which will show a lot more detailed information.

IPO - 6/12/12
Seat Price: $1.54
BTC Distributed: 0

Now - 6/12/14
Seat Price: $22.20
BTC Distributed: 0.056 BTC

Thanks everyone for the incredible amount of support on this project!  I hope we're just getting started.

[ManeBjorn]

Congratulations OgNasty and nonnakip!
Great work and I look forward to what you have in store in the future.

HAPPY 2ND BIRTHDAY TO NASTY MINING!

It's been a great 2 years for us, and the future is looking brighter than ever.  Here's a quick look at where we started, and where we are now.  I've prepared quarterly performance reports that I will be releasing shortly after the end of the month which will show a lot more detailed information.

IPO - 6/12/12
Seat Price: $1.54
BTC Distributed: 0

Now - 6/12/14
Seat Price: $22.20
BTC Distributed: 0.056 BTC

Thanks everyone for the incredible amount of support on this project!  I hope we're just getting started.

[silverfuture]

[kako]

HAPPY 2ND BIRTHDAY TO NASTY MINING!

It's been a great 2 years for us, and the future is looking brighter than ever.  Here's a quick look at where we started, and where we are now.  I've prepared quarterly performance reports that I will be releasing shortly after the end of the month which will show a lot more detailed information.

IPO - 6/12/12
Seat Price: $1.54
BTC Distributed: 0

Now - 6/12/14
Seat Price: $22.20
BTC Distributed: 0.056 BTC

Thanks everyone for the incredible amount of support on this project!  I hope we're just getting started.

BTC in June 2012: 5.7 USD, investing $1.54 in btc:
Doing nothing with it: would yield you 0.27BTC, now worth 157 USD.
Investing in this scam: yielded you total 0.094 BTC, now worth 55 USD. (btc@585usd)


CONGRATULATIONS FORUM INVESTORS! ONLY 65% LOSS, MUCH BETTER THAN GLBSE.

[OgNasty]

BTC in June 2012: 5.7 USD, investing $1.54 in btc:
Doing nothing with it: would yield you 0.27BTC, now worth 157 USD.

It is true that Bitcoin outperformed Nasty Mining.  Bitcoin had an amazing 2 years of growth and was exposed to billions of people.  However, funds invested in Nasty Mining were spent in USD on items that are valued in USD.  In fact, pretty much everything is valued in USD (or your local fiat currency), which is why BTC is valued at the conversion rate at the time of transfer to any real organization.  It only makes sense to value Nasty Mining in USD when comparing it over time.  The performance we've had is astounding, and just because it lags behind the performance of Bitcoin should not take away from that.  We've still managed to outperform more than 99% of the other things you could have spent your BTC on.  Silver for example was $28.50 on our IPO date and is $19.50 now, yet I don't see you trolling silver dealers on here.

Bitcoin 2-year performance: 9,812.2%
Nasty Mining 2-year performance*: 1,341.5%
S&P 500 2-year performance*: 45.7%
Silver 2-year performance: -31.5%

*excludes distributions

[kako]

BTC in June 2012: 5.7 USD, investing $1.54 in btc:
Doing nothing with it: would yield you 0.27BTC, now worth 157 USD.

It is true that Bitcoin outperformed Nasty Mining.  Bitcoin had an amazing 2 years of growth and was exposed to billions of people.  However, funds invested in Nasty Mining were spent in USD on items that are valued in USD.  In fact, pretty much everything is valued in USD (or your local fiat currency), which is why BTC is valued at the conversion rate at the time of transfer to any real organization.  It only makes sense to value Nasty Mining in USD when comparing it over time.  The performance we've had is astounding, and just because it lags behind the performance of Bitcoin should not take away from that.  We've still managed to outperform more than 99% of the other things you could have spent your BTC on.  Silver for example was $28.50 on our IPO date and is $19.50 now, yet I don't see you trolling silver dealers on here.

Bitcoin 2-year performance: 9,812.2%
Nasty Mining 2-year performance*: 1,341.5%
S&P 500 2-year performance*: 45.7%
Silver 2-year performance: -31.5%

*excludes distributions

This is was a bitcoin forum not a silver forum, but since you bring it up, you did twice as worse as idiots buying silver. Pat yourself on the back.

[flipperfish]

BTC in June 2012: 5.7 USD, investing $1.54 in btc:
Doing nothing with it: would yield you 0.27BTC, now worth 157 USD.
Investing in this scam: yielded you total 0.094 BTC, now worth 55 USD. (btc@585usd)


CONGRATULATIONS FORUM INVESTORS! ONLY 65% LOSS, MUCH BETTER THAN GLBSE.

Having supported P2Pool, while ghash.io approaches 50% hashrate: Longterm win.

[kako]

BTC in June 2012: 5.7 USD, investing $1.54 in btc:
Doing nothing with it: would yield you 0.27BTC, now worth 157 USD.
Investing in this scam: yielded you total 0.094 BTC, now worth 55 USD. (btc@585usd)


CONGRATULATIONS FORUM INVESTORS! ONLY 65% LOSS, MUCH BETTER THAN GLBSE.

Having supported P2Pool, while ghash.io approaches 50% hashrate: Longterm win.

Well, thank you for your loss! (while ghash is over 50 nao.)

No, but seriously, supported with what and how did it help? Does nastyscam own even 1% of the network? Lol.

Check yourself before you wreck yourself.

[Squeaker]

Well, thank you for your loss! (while ghash is over 50 nao.)

No, but seriously, supported with what and how did it help? Does nastyscam own even 1% of the network? Lol.

Check yourself before you wreck yourself.

Haters just gonna hate...

What do you care what we do anyways?

=squeak=

[Squirrel Dearing]

Well, thank you for your loss! (while ghash is over 50 nao.)

No, but seriously, supported with what and how did it help? Does nastyscam own even 1% of the network? Lol.

Check yourself before you wreck yourself.

Investing in anything is a risk. Some perform amazingly, some loose and everywhere in between. Either way, diversifying your portfolio is generally looked upon as a good idea.  For myself and some others, NastyMining is a hedge of sorts.. Not to mention I like the people here - a very positive, thoughtful and down to earth group without much drama.  I like the vision and while the USD that I used to purchase BTC for investing in NastyMining would be worth more now if I had just kept the BTC, I still have some BTC in my wallet and that is worth a lot more than it was..


If you invested more than you could afford to loose, shame on you. If you are just sore because you didn't recognize the fact that this could happen, it's your own fault - own it, don't call this a scam.

That's all I have to say on the topic..

[nonnakip]

As OgNasty already points out the BTC exchange rate performance is ridiculous high since June 2012. It is easy to poke holes at any investment when you make such comparisons. If the BTC exchange rate ever slows down or even longterm crashes then it would be more interesting for kako to post again. Until then let the haters hate.

[kako]

I'm glad its you reason your losses so well.

Good luck!

[Blazed]

I like NastyMining due to how open and honest they are...for BTC securities that is refreshing.  Will my shares make me ROI?? Probably not, but I am still pleased with them.  Look around in this section and go troll the real scammers...k thanks!

[nonnakip]

The first part of NASTY MINING 2 year celebration is completed. Thank you to the 11 members that participated. To calculate average hashrate over 3 days I count the total number of hashes. 1 lottery ticket is given for each 1 MH/s average hashrate. Here are the results:

USER	TOTAL HASHES	TICKETS
dlmmining	57,655,270,644,240,813 (222.4 GH/s)	222,435
Blazedout419	27,353,842,872,926,519 (105.5 GH/s)	105,531
AngryDevil_03	13,248,234,984,942,608 (51.1 GH/s)	51,112
PCComf	11,027,860,228,212,687 (42.5 GH/s)	42,545
Wapiti	829,669,378,469,408 (3.2 GH/s)	3,200
smoovious	678,846,622,936,587 (2.6 GH/s)	2,619
ManeBjorn	336,960,000,000,000 (1.3 GH/s)	1,300
punkboy15	86,577,124,331,197 (334 MH/s)	334
Lignaria_1	85,209,927,233,048 (328 MH/s)	328
zapeta	31,407,427,591,312 (121 MH/s)	121
nonnakip	2,789,623,825,033 (10 MH/s)	10
TOTAL	111,336,668,834,709,212 (429.5 GH/s)	429,535

I am away on vacation for 1 week. We will do the lottery drawing (second part of NASTY MINING 2 year celebration) after I return. The minted seat exists now so it will receive distribution from today as the first distribution.

Anyone continuing to mine using a non-Bitcoin-address will continue to donate to nastyfans. If you want your miners to work for you instead make sure to change your username to a valid Bitcoin address.

[Blazed]

I will just leave my miners pointed for now 

[Blazed]

If I win or buy a minted seat am I able to have all my other seats pay directly to the coin??

[silverfuture]

If I win or buy a minted seat am I able to have all my other seats pay directly to the coin??

You can use the coin's public address to receive donations by setting it on your nastyfans.org account settings. EDIT: Just be aware that you would have to break the hologram to spend coins out of the private key.