NastyMining - Free Electricity, No Fees, NastyFans.org

[OgNasty]

Some Points of Discussion:

• NastyMining Fan Hosting Plan Upgrade

For those of you who missed the live chat, I offered Fans who successfully completed the operator plan an upgrade to Monarchs.  They will also be receiving 50% of the coins mined with that equipment.  So far, Bees Brothers has taken me up on the offer and will host 2 Monarchs.  If any other the fans currently hosting equipment want to take advantage of the offer, please let me know.

Black Arrow Order
Our Black Arrow order has finally arrived.  I'm in talks with Squirrel Dearing to host one of the 2 X3 units.  If there is a trusted member out there who would be willing to host the other X3 in exchange for receiving 50% of the mined coins, please let me know.

Expanding NastyMining Fan Operator Plan
I also made the mistake of ordering 10 X1 units personally.  While I paid >$4,000 for this order, I have no desire to operate 10 X1's.  They would take up too much space.  I did plug one in to do some testing and was pleased to see that they are totally silent.  I thought this might make for a great opportunity to donate these miners to NastyMining and use them to expand the Fan Hosting Plan to new members.  What I'd like to do is the same 50/50 deal.  I will personally donate an X1 to anyone trustworthy who is willing to operate them on behalf of NastyMining for 1 year and receive 50% of the mined coins.  At the end of the year, you can do whatever you want with it.  These units will be setup ready to go.  All you will need to do is plug them into the wall, and plug them in to your router with an ethernet cable.  They use around $4-$9/month in electricity depending on your rate and operate silently.  This would be a great opportunity for someone new to help NastyMining and earn some trust in the process.  Let me know.  Thanks!

[OgNasty]

Not been on in ages, grats, it sounds like its going well
Sorry for my laziness but are y'awl hashing X11?

Nope.

[Monetizer]

How many watts do the x1's take?
Also how trusted must someone be to host one of these on behalf of Nasty Fans?

[OgNasty]

How many watts do the x1's take?
Also how trusted must someone be to host one of these on behalf of Nasty Fans?

~90 watts. Potential operators will be judged on a case by case basis.

[Monetizer]

How many watts do the x1's take?
Also how trusted must someone be to host one of these on behalf of Nasty Fans?

~90 watts. Potential operators will be judged on a case by case basis.

How does one go about applying to host one of these? Do they need to reside in America?

[OgNasty]

How many watts do the x1's take?
Also how trusted must someone be to host one of these on behalf of Nasty Fans?

~90 watts. Potential operators will be judged on a case by case basis.

How does one go about applying to host one of these? Do they need to reside in America?

I'm not sure it would be worth paying for overseas shipping.

[valkir]

Hi all!

Just bought 1 seat. Will buy more with time.

Is the nastyfans still running ??

[OgNasty]

Hi all!

Just bought 1 seat. Will buy more with time.

Is the nastyfans still running ??

As long as there is a blockchain, NastyFans will be running. 


MINING UPDATE:
I've received our Monarchs from BFL.  I sent 2 of them to Bees Brothers and 1 of them exploded and shot coolant everywhere when plugged in.  I sent an email to BFL to see about getting it replaced again.  The other 2 are now up and running.  Also, upon doing some testing, 1 of the X3's is DOA.  I've emailed Black Arrow about getting a replacement PSU.  The other is packed up and ready to ship to Squirrel Dearing for him to operate.

[valkir]

Nice!

Got some question. How can I contribute with hashing power. I did read on nastyfans but im not sure.
If I mine on nastyfans.org:9332 do I help nasty fans ??

And second question I bought a seat but do I need to buy a mint seat or a normal seat is ok ?

I also got free electrivty here (solar panel system) if I can host something let me know.

Cheers

Valkir

[OgNasty]

Nice!

Got some question. How can I contribute with hashing power. I did read on nastyfans but im not sure.
If I mine on nastyfans.org:9332 do I help nasty fans ??

And second question I bought a seat but do I need to buy a mint seat or a normal seat is ok ?

I also got free electrivty here (solar panel system) if I can host something let me know.

Cheers

Valkir

Yes, mining on nastyfans.org:9332 helps NastyFans.  Growing our pool is something that we're going to be putting effort into going forward.  Just make sure to use your Bitcoin address as your username to receive payouts.

You're a bit of a newbie to receive equipment.  I'm not sure what protections we could put in place to allow for less trusted members to operate miners for us.

[valkir]

I totally understand that.

I will build my trust like everyone else. Starting to mine on nasty pool with a small 10gh. Will trow a 200gh when I receive my psu.

I got 3 old S1 chilling in my place. (needed power for S5)

I will try to read more on nasty fans.

Keep your good work ognasty! 

[valkir]

Hey I just read the last chat and there is some X1 needed to be hosted.

If you want we could manage something so you can trust me.

I will be more than happy to help nastyfans!

Let me know! 

[nonnakip]

Distribution 339240 is complete. Thank you to the donators.

Last 4 weeks distribution NastyPoP payout rates:
window5 0.00011407 BTC per GH/s
window6 0.00006421 BTC per GH/s
window7 0.00010357 BTC per GH/s
window8 0.00004888 BTC per GH/s

[valkir]

Hum got a question.

Is it better to be on p2pool or on the nastypop ??

[OgNasty]

Is it better to be on p2pool or on the nastypop ??

Long term it is the same. However, you will see less variance in payouts using the -PoP flag.

[valkir]

Is it better to be on p2pool or on the nastypop ??

Long term it is the same. However, you will see less variance in payouts using the -PoP flag.

Ok Im mining with bfgminer so where do I add PoP ??

Oh and is there any IRC where we can all meet and discuss ?

[OgNasty]

Ok Im mining with bfgminer so where do I add PoP ??

Oh and is there any IRC where we can all meet and discuss ?

There isn't a place on IRC, but I am pretty responsive to PMs and we have a monthly live chat.  You want to add -PoP to the end of your Bitcoin address in your username.  For example, if I were mining on NastyPool, I would use the following settings:

Server: nastyfans.org:3334
Username: 168WXhArv7Fasqvi2xm5MQMfLhG18jifMe-PoP
Password: anything

[valkir]

Great Thanks Ognasty!

I create a IRC #nastyfans if you guys want to join.

We would be able to discuss about bitcoin everytime we want there.

Im always ON on IRC so dont be shy! 

[Marcoser123321]

OgNasty - just a quick question. What's some differences between your pool and (For instance) BTC Guild? Are the payouts different?

I have a few TH I can toss over at your folks, but I'm not sure what the difference is in pools (I'm not an experienced miner and obviously I didn't get in NastyFans at the ground level).

Thanks!

[OgNasty]

OgNasty - just a quick question. What's some differences between your pool and (For instance) BTC Guild? Are the payouts different?

The main difference is NastyPool runs on the p2pool network, so it helps decentralize the Bitcoin network. Another difference would be that we have our own NastyPoP payout method. It lowers variance and provides weekly payouts as well as having 250 seats added to the NastyPoP earnings to provide >100% payouts for miners. We also charge no fees and have a lottery in development. You earn lotto tickets for accepted p2pool shares and will one day be able to sell them or enter them into the lottery (you can earn tickets now, but the lottery is not live yet).

So why is NastyPool better than BTC Guild?

• Network Decentralization
• No Fees
• Exclusive Payout Method
• >100% Payouts
• Bonus Lottery