NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012)

[OgNasty]

lightfoot has purchased us an SP20 as promised in exchange for our non-functioning Monarchs.  Thanks lightfoot!

[1714883054]

1714883054

[OgNasty]

In an effort to make sure that NastyMining is utilizing the latest in mining technology, I've purchased an S5 from CrazyGuy's personal batch 1 order.  This will be our first Bitmain purchase and at 1.4 BTC, I think we got a good deal considering it is a single order and batch 1 is now sold out.

https://blockchain.info/tx/1c2085aebea3c15c1e5f9130b458b0b04d0ba253cd6ce0bd979505467e69abe2

[plasticAiredale]

Wow lots of activity. Great to see Nasty not sitting still.

Merry Christmas everyone, and a Nasty™ New Year!

[OgNasty]

Wow lots of activity. Great to see Nasty not sitting still.

Merry Christmas everyone, and a Nasty™ New Year!

Merry Christmas! PM me your address and I'll send you a Nasty present.

[nonnakip]

Distribution 336032 is complete. nastyfans thanks the donators.

Last 4 distribution NastyPoP payout rates:
window2 0.00007928 BTC per GH/s
window3 0.00007316 BTC per GH/s
window4 0.00007712 BTC per GH/s
window5 0.00011407 BTC per GH/s

Last week (window5) was a great week to be a NastyPoP-miner.

[OgNasty]

Monarch Update:
We've had 2 more Monarchs die on us.  I've put in RMA requests with BFL.  I'm not sure why our Monarchs are suddenly dropping like flies, especially with the cooler temperatures.  Hopefully BFL starts honoring RMA requests soon...  Here are some pics I snapped of our failed Monarchs, including 1 that is on the way out (red background).


New Miners:
Some good news, our SP20 & S5 will be arriving next week.

Donations to NastyPool Update:
I've decided to redirect distributions from the 250 seats I had going to NastyPool.  Instead of continuing to save funds for a future lottery, these distributions will now be donated to the NastyPoP address to provide additional BTC for NastyPoP miners.

NastyMining Fan Operator Plan Upgrade:
In an effort to continue trying to decentralize our mining operation and keep community members involved in the spirit of NastyMining, I've decided to offer current operators an upgrade opportunity as their previous plan ends and they take possession of their equipment.  As an upgrade of sorts, current operators have the option of paying for shipping to have one of our Monarchs sent to them.  They will have to provide a PSU, and will be taking responsibility for keeping the units running for 1 year.  In exchange, they have the option of using a --balance option with their miner in order to split mined coins 50/50 between themselves/NastyMining.  They will be required to mine on NastyPool for both themselves and NastyMining.  I realize that this will have a negative effect on donations for NastyFans but feel it is in our best interests long term.

Moving Forward:
It has been a difficult year for sure that had disastrous effects on the valuation of NastyFans seats and led to a major shortcoming in mining expansion.  However, great progress was made on NastyPool and our 5oz coins.  There are also ambitious lottery plans and I'd still love to move into the automated escrow business.  While all of these things take time and community support, I think we will eventually get to where we need to be.  With the potential expansion of our Fan Operator Plan opening up capacity, it puts us in a great position to add more efficient equipment in the future.  We currently still owe 1.5 BTC for the 17 ASICMINER shares (awaiting transfer confirmation), which doesn't give us much in the way of funds to purchase equipment but I am hoping that sales from our 5oz coins will solve this problem in the near term for us, with alternate services helping fill the gap in the future.  I'm awaiting 11 more pre-orders for the 5oz coins, and have assurances from 2 people that orders will be placed soon.  That still leaves us with 9 pre-orders keeping us from having these coins ready for regular sale.  Please consider pre-ordering if you are able.

Live Year End NastyChat:
I would love it if we could see our best participation ever for our first Live Year End NastyChat.  I would love to answer questions and hear community feedback on how this project could be improved.  I am thinking a good time would be January 5th @ 1:00pm PST, but am open to changing that in order to accommodate members who wish to attend.

[nonnakip]

I would love it if we could see our best participation ever for our first Live Year End NastyChat.  I would love to answer questions and hear community feedback on how this project could be improved.  I am thinking a good time would be January 5th @ 1:00pm PST, but am open to changing that in order to accommodate members who wish to attend.

I think a weekend date maybe bring higher attendance.

[OgNasty]

I would love it if we could see our best participation ever for our first Live Year End NastyChat.  I would love to answer questions and hear community feedback on how this project could be improved.  I am thinking a good time would be January 5th @ 1:00pm PST, but am open to changing that in order to accommodate members who wish to attend.

I think a weekend date maybe bring higher attendance.

Anyone want to propose another date/time?

Our SP20 has arrived and it is up and mining for us.

[naypalm]

Anytime on Saturday works for me.

[lightfoot]

Glad it arrived! Mine like hell.

[OgNasty]

Update from BFL:

Butterfly Labs is finally back to full control of operations! Watch for an email about your order very soon.

In case you are not aware, on September 18, 2014 the Federal Trade Commission (FTC) requested an ex parte order for a temporary injunction against Butterfly Labs. On September 19, 2014 the United States District Court of the Western District of Missouri in Case No. 4:14-cv-00815-BCW approved the order and installed a Temporary Receiver to freeze assets, among other duties. This resulted in a complete, but temporary, shutdown of our operations.

On December 12, 2014, the Court rejected the FTC's arguments for a preliminary injunction against Butterfly Labs. On December 23rd the Court directed the orderly wind-down of the Temporary Receivership and handed control of the company and assets back to Butterfly Labs. Bank and bitcoin accounts are expected to be returned to us by December 31st.

During the shutdown, we were allowed to manufacture products but not test them. Now that we are in full control, we are resuming testing, shipping of Monarch cards, and activation of Cloud Mining contracts.

Please see the Status of Current Operations for more information

Thank you for your patience during this difficult time. We are committed to serving our customers as quickly as possible. Watch for an email about your order very soon.

The Butterfly Labs Team 

[nonnakip]

Distribution 337152 is complete. Thank you to our donators.

Last 4 distribution NastyPoP payout rates:
window3 0.00007316 BTC per GH/s
window4 0.00007712 BTC per GH/s
window5 0.00011407 BTC per GH/s
window6 0.00006421 BTC per GH/s

[ManeBjorn]

Those are good rates.

Distribution 337152 is complete. Thank you to our donators.

Last 4 distribution NastyPoP payout rates:
window3 0.00007316 BTC per GH/s
window4 0.00007712 BTC per GH/s
window5 0.00011407 BTC per GH/s
window6 0.00006421 BTC per GH/s

[nonnakip]

Live Year End NastyChat:
I would love it if we could see our best participation ever for our first Live Year End NastyChat.  I would love to answer questions and hear community feedback on how this project could be improved.  I am thinking a good time would be January 5th @ 1:00pm PST, but am open to changing that in order to accommodate members who wish to attend.

NastyChat?

[OgNasty]

NastyChat?

The feedback we had was to have it on a Saturday and I was unavailable yesterday.  I am thinking we will do it next Saturday.  I'm still open to feedback on a time.  I was also hoping our Antminer S5 would have arrived by now, but it looks like I will not be able to pick it up until tomorrow evening.

I did receive an Antminer S5 review unit from Bitmain, and just published my review here: https://bitcointalk.org/index.php?topic=914278.0

The NastyFans iOS App has been updated to v1.3 and contains quite a few new Nasty links.  It is available now for free in Apple's App Store.  Version 2.0 with the ability to check the Bitcoin and NastyFans prices from your iOS Today View is still under development, as I've been having some difficulties working out the bugs.

[nonnakip]

Some people say a product is not a product until it has a web page. Well now NastyPool has a web page.

https://nastyfans.org/nastypool

It is also linked from the main nastyfans sign in page.

There are many plans to clean things up and add more statistics and individual miner information. Right now I create the minimum to make NastyPool look more official.

[OgNasty]

Some people say a product is not a product until it has a web page. Well now NastyPool has a web page.

https://nastyfans.org/nastypool

Awesome.  I like the username generator.

Bitmain Antminer S5
I picked up our Antminer S5 tonight and got it all setup.  I've got it underclocked for temperature/noise reasons so it's only getting about 1.05TH/s, but it's off and running with no issues thus far.  It's mining with the username AntminerS5-PoP if you wanted to check the miner page to see how it's running.

[plasticAiredale]

Wow lots of activity. Great to see Nasty not sitting still.

Merry Christmas everyone, and a Nasty™ New Year!

Merry Christmas! PM me your address and I'll send you a Nasty present.

My present arrived in the mail yesterday!  A very nice Nasty T-Shirt. Thank you very much.

[OgNasty]

Live Chat this Saturday at 12:00pm (noon) PST.

Some Points of Discussion:

• Year End Numbers
• Butterfly Labs Refunds/RMAs
• NastyMining Fan Hosting Plan Upgrade
• Free Mining Equipment?
• 5oz Minted NastyFans Seats
• NastyPool
• NastyCenter
• NastyShirts
• Asicminer Shares
• Alpha Technology Order
• Black Arrow Order

[nonnakip]

Distribution 338246 is complete. nastyfans thanks the donators!

Last 4 weeks distribution NastyPoP payout rates:
window4 0.00007712 BTC per GH/s
window5 0.00011407 BTC per GH/s
window6 0.00006421 BTC per GH/s
window7 0.00010357 BTC per GH/s