Bitcoin Forum
May 23, 2018, 09:50:04 AM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: « 1 ... 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 [164] 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 »
  Print  
Author Topic: 📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012)  (Read 922572 times)
OgNasty
Donator
Legendary
*
Offline Offline

Activity: 2562
Merit: 1259


Quoth the Raven "Nevermore."


View Profile WWW
March 02, 2016, 11:39:10 PM
 #3261

I got our RMA S7 board from Bitmain today.  I've installed it and so far so good.

          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
.
|
.
|
          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
unthy
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1527069004
Hero Member
*
Offline Offline

Posts: 1527069004

View Profile Personal Message (Offline)

Ignore
1527069004
Reply with quote  #2

1527069004
Report to moderator
1527069004
Hero Member
*
Offline Offline

Posts: 1527069004

View Profile Personal Message (Offline)

Ignore
1527069004
Reply with quote  #2

1527069004
Report to moderator
1527069004
Hero Member
*
Offline Offline

Posts: 1527069004

View Profile Personal Message (Offline)

Ignore
1527069004
Reply with quote  #2

1527069004
Report to moderator
OgNasty
Donator
Legendary
*
Offline Offline

Activity: 2562
Merit: 1259


Quoth the Raven "Nevermore."


View Profile WWW
March 03, 2016, 03:29:07 AM
 #3262

I decided to create/update a few websites to help visibility and give fans a place to point potential members besides this thread.  I also took the liberty of including many of your avatars in the NastyMining Portal.  TheAnalogKid has graciously offered to host these websites.  The source is pulled from GitHub, and anyone should feel free to contribute.  You can reach my GitHub account here: https://github.com/OgNasty

NastyMining Portal: http://mining.nastyfans.org
NastyFans iOS Portal: http://ios.nastyfans.org
Developer Center: http://dev.nastyfans.org

          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
.
|
.
|
          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
unthy
wttbs
Legendary
*
Offline Offline

Activity: 1666
Merit: 1004



View Profile
March 03, 2016, 05:45:06 AM
 #3263

I decided to create/update a few websites to help visibility and give fans a place to point potential members besides this thread.  I also took the liberty of including many of your avatars in the NastyMining Portal.  TheAnalogKid has graciously offered to host these websites.  The source is pulled from GitHub, and anyone should feel free to contribute.  You can reach my GitHub account here: https://github.com/OgNasty

NastyMining Portal: http://mining.nastyfans.org
NastyFans iOS Portal: http://ios.nastyfans.org
Developer Center: http://dev.nastyfans.org

Took a quick look and the websites and they are great ! job well done.

          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
.
|
.
|
          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
unthy
nonnakip
Hero Member
*****
Offline Offline

Activity: 593
Merit: 542



View Profile
March 04, 2016, 10:09:36 PM
 #3264

Distribution 401164 is complete. nastyfans appreciates the (even if small) donations. Thank you miners.

Last 4 weeks distribution NastyPoP payout rates (vs. expected):
window64 0.00000020 BTC per GH/s (0.8%)
window65 0.00001763 BTC per GH/s (72.5%)
window66 0.00000049 BTC per GH/s (2.3%)
window67 0.00000000 BTC per GH/s (0.0%)

mindtrip
Legendary
*
Offline Offline

Activity: 1116
Merit: 1005



View Profile WWW
March 09, 2016, 12:50:58 AM
 #3265

I am new to the club but I have what is left of my hashing power pointed to the pool

          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
.
|
.
|
          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
unthy
OgNasty
Donator
Legendary
*
Offline Offline

Activity: 2562
Merit: 1259


Quoth the Raven "Nevermore."


View Profile WWW
March 09, 2016, 06:57:45 PM
 #3266

I have sold off our twice repaired S7 for 1.85 BTC.  I felt this was necessary to make sure that we will have BTC to purchase 16nm equipment when it is released.

          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
.
|
.
|
          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
unthy
Squirrel Dearing
Sr. Member
****
Offline Offline

Activity: 591
Merit: 250



View Profile
March 09, 2016, 08:17:51 PM
 #3267

Hey all,
Long time.. I just wanted to let everyone know that some time ago (before Christmas) all miners that I was hosting finally died..

I may try one last thing to get them running again but I'm not holding my breath.

Anyway, Stay Nasty!

███████████████████
███████████████████
███████████████████
██████       ██████
██████       ██████
██████       ██████
██████       ██████
██████       ██████
██████▀██████▄
██████ ▀██████▄
██████  ▀██████▄
██████   ▀██████▄
██████    ▀██████▄
REOS█▀▀▀











█▄▄▄
▀▀▀█











▄▄▄█
█▀▀▀











█▄▄▄
         ▄▄▄▄██████▄▄▄▄▄
    ████████████████████████
    █████████████████████████
    █████████████████████████
    █████████████████████████
    ████████████████████████▌
    ████████████████████████▌
    ████████████████████████▌
    ████████████████████████▌
 ▄█████████▄
███████▄██████▀▀
██▀     ▀▀▀██████▀██▀▀▀
██▄     ██▄   ▀▀▀▄██
 ▀█████  ▀█████████▀
Introducing
REOSchain™
|The blockchain that digs
out the true value of
social media content
▀▀▀█











▄▄▄█
[]
nonnakip
Hero Member
*****
Offline Offline

Activity: 593
Merit: 542



View Profile
March 13, 2016, 11:52:17 AM
 #3268

Distribution 402462 is complete. nastyfans thanks the donators.

Last 4 weeks distribution NastyPoP payout rates (vs. expected):
window65 0.00001763 BTC per GH/s (72.5%)
window66 0.00000049 BTC per GH/s (2.3%)
window67 0.00000000 BTC per GH/s (0.0%)
window68 0.00003109 BTC per GH/s (140.0%)

OgNasty
Donator
Legendary
*
Offline Offline

Activity: 2562
Merit: 1259


Quoth the Raven "Nevermore."


View Profile WWW
March 21, 2016, 06:43:10 PM
 #3269

As some of you may be aware, our payouts have become quite erratic due to the diminishing hashrate of p2pool.  This has been effecting operations and I'd like to hear some opinions from fans about the situation.

We do have some options...  We could explore solo mining a less difficult coin such as PPC and converting the earnings to BTC for distributions.  We could move our hashrate to a larger private BTC mining pool to reduce variance.  We could stick with p2pool and hope that things improve.  We could also do a combination of the above.  Our decision to support p2pool was highly based on doing what is best for Bitcoin, but I feel as though it is starting to negatively effect our operation as centralized mining becomes more and more prevalent.  With the problem seemingly getting worse before it improves, I think the time is now to start discussing alternatives.  Please feel free to share your thoughts.

          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
.
|
.
|
          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
unthy
wttbs
Legendary
*
Offline Offline

Activity: 1666
Merit: 1004



View Profile
March 21, 2016, 07:07:29 PM
 #3270

As some of you may be aware, our payouts have become quite erratic due to the diminishing hashrate of p2pool.  This has been effecting operations and I'd like to hear some opinions from fans about the situation.

We do have some options...  We could explore solo mining a less difficult coin such as PPC and converting the earnings to BTC for distributions.  We could move our hashrate to a larger private BTC mining pool to reduce variance.  We could stick with p2pool and hope that things improve.  We could also do a combination of the above.  Our decision to support p2pool was highly based on doing what is best for Bitcoin, but I feel as though it is starting to negatively effect our operation as centralized mining becomes more and more prevalent.  With the problem seemingly getting worse before it improves, I think the time is now to start discussing alternatives.  Please feel free to share your thoughts.

PPC is lower difficulty but I don't think it will be (much) more profitable than mining BTC at a BTC-pool. If I may suggest NastyFans Mining could join one of the best pools there is: kano.is. Kano has a good vision on Bitcoin and mining, he runs his pool very good and with transparant and open communication. The pool is also very stable and rather small which keeps decentralized in a way. For more info about his pool check his thread: https://bitcointalk.org/index.php?topic=789369.0

          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
.
|
.
|
          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
unthy
Fingolfin
Jr. Member
*
Offline Offline

Activity: 35
Merit: 0


View Profile
March 21, 2016, 08:20:28 PM
 #3271

As some of you may be aware, our payouts have become quite erratic due to the diminishing hashrate of p2pool.  This has been effecting operations and I'd like to hear some opinions from fans about the situation.

We do have some options...  We could explore solo mining a less difficult coin such as PPC and converting the earnings to BTC for distributions.  We could move our hashrate to a larger private BTC mining pool to reduce variance.  We could stick with p2pool and hope that things improve.  We could also do a combination of the above.  Our decision to support p2pool was highly based on doing what is best for Bitcoin, but I feel as though it is starting to negatively effect our operation as centralized mining becomes more and more prevalent.  With the problem seemingly getting worse before it improves, I think the time is now to start discussing alternatives.  Please feel free to share your thoughts.

Hi Og,

here my thoughts on the Situation:

1. If everybody leaves p2pool it's finally dead ... and i personally don't like that idea! But also, i only mine with 1TH there, because like most of us i have opperating costs...

2. Please don't switch to altcoin-mining in any way. Possible profit or not!

I would propose: Split the Hashrate half p2pool and half kano.is (i just can underline wttbs's comment about kano.is!)
This way there would be nearly guaranteed weekly distributions, and from time to time, one is a bit larger when p2pool hits, or even better have a good luck streak somewhen ... again, maybe, hopefully  Smiley

Best Wishes!

P.S.

Personally i would just risk pointing the Avalon6 (is it still there?) to solo.ck  forget that investion and hope for the best! But sure, that gambling with funds, would need a poll ... but i like to leave it here anyway!
OgNasty
Donator
Legendary
*
Offline Offline

Activity: 2562
Merit: 1259


Quoth the Raven "Nevermore."


View Profile WWW
March 21, 2016, 08:43:14 PM
 #3272

kano is a for-profit pool operator.  I don't think it aligns with our principles to mine that way.

          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
.
|
.
|
          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
unthy
Fingolfin
Jr. Member
*
Offline Offline

Activity: 35
Merit: 0


View Profile
March 21, 2016, 08:55:20 PM
 #3273

kano is a for-profit pool operator.  I don't think it aligns with our principles to mine that way.

Ok, i'm not going to comment against your statement about kano...


"We could move our hashrate to a larger private BTC mining pool to reduce variance"


Then i don't know or understand which larger private BTC mining pool you would propose?

OgNasty
Donator
Legendary
*
Offline Offline

Activity: 2562
Merit: 1259


Quoth the Raven "Nevermore."


View Profile WWW
March 21, 2016, 09:10:37 PM
 #3274

kano is a for-profit pool operator.  I don't think it aligns with our principles to mine that way.

Ok, i'm not going to comment against your statement about kano...


"We could move our hashrate to a larger private BTC mining pool to reduce variance"


Then i don't know or understand which larger private BTC mining pool you would propose?

I have admittedly not researched what other pools are doing in quite some time.  There are many other factors than just operator fee, but I would like to think that 0% fee pools still exist.  Is ELIGIUS still 0% fee?

          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
.
|
.
|
          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
unthy
Fingolfin
Jr. Member
*
Offline Offline

Activity: 35
Merit: 0


View Profile
March 21, 2016, 09:57:24 PM
 #3275

kano is a for-profit pool operator.  I don't think it aligns with our principles to mine that way.

Ok, i'm not going to comment against your statement about kano...


"We could move our hashrate to a larger private BTC mining pool to reduce variance"


Then i don't know or understand which larger private BTC mining pool you would propose?

I have admittedly not researched what other pools are doing in quite some time.  There are many other factors than just operator fee, but I would like to think that 0% fee pools still exist.  Is ELIGIUS still 0% fee?

Yes, i think eligius is still 0% but keeps the trx-fees! But i don't know for sure! But i always had a bad felling when i've opend the site, and never pointed any miners there in 2 years mining. Later i've read some "Cat Fight" between kano and the eligius operator ... just underlined my opinion against eligius...


And yes there are other factors then just op fees! Sorry i was to fast in the last post (also i thought maybe you have other issues with kano then the 0.9% Fees)

If you compare a pool with 0% fees that keeps the trx-fees with kano.is that take 0.9% for operating cost and his work, but pays out the trx-fees to miners then you have a better result, income wise.  (Last 100 Blocks at kano.is 1.3% TRX-fees included in the Blocks and before payout he deduct 0.9% op fee)

Regarding  principles:  I don't see the difference (principle wise) between keeping the trx-fees and 0% fee  like p2pool or eligius  or  paying out trx-fees and charging some small operating fees.

So if you dont know any legit "real private" (means not open to the public) pool that operates for free and pays out the Block Reward + trx-fees then i still would vote for kano.is / p2pool split!

You also can read many other good reasons for kano.is, why his phylosophy won't hurt Bitcoin, in his thread ... just have become to large to read up since he had that big grow lately.... But the most important part is simply he don't SPV mine and always fill up his Blocks! That keeps the Network running instead of just stealling Blocks like many others do!

Enough for today! Let's wait if someone else has anything to say... hopefully... and i also think on a bit Smiley

Best Wishes!

OgNasty
Donator
Legendary
*
Offline Offline

Activity: 2562
Merit: 1259


Quoth the Raven "Nevermore."


View Profile WWW
March 22, 2016, 10:20:22 PM
 #3276

Personally i would just risk pointing the Avalon6 (is it still there?) to solo.ck  forget that investion and hope for the best! But sure, that gambling with funds, would need a poll ... but i like to leave it here anyway!

I feel like that would be a bad bet.  I did decide to do some testing with the Avalon6.  I pointed it at a PPC pool for a bit to see how that process would work (resulting in this donation) and it is currently pointed at Eligius.


UPDATE:

The first gold highlighted Minted Seat has been shipped

I have successfully engraved the first silver 2oz Minted Seat.

The 2oz .9999 Gold Minted Seats have sold out.  This will result in a $5,000 donation to NastyFans.

I would also like to explore the issue with member accounts on suspension.  It appears as though there are members who have been on suspension indefinitely.  I think we should explore enforcement of the termination policy.  However, I feel that the current policy is too harsh.  I would like to motion for a poll to extend the term of each probation/suspension/termination period in the NastyFans policy from 90 days to 1 year.  Thoughts?

          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
.
|
.
|
          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
unthy
Fingolfin
Jr. Member
*
Offline Offline

Activity: 35
Merit: 0


View Profile
March 23, 2016, 07:36:45 AM
 #3277

Personally i would just risk pointing the Avalon6 (is it still there?) to solo.ck  forget that investion and hope for the best! But sure, that gambling with funds, would need a poll ... but i like to leave it here anyway!

I feel like that would be a bad bet.  I did decide to do some testing with the Avalon6.  I pointed it at a PPC pool for a bit to see how that process would work (resulting in this donation) and it is currently pointed at Eligius.


UPDATE:

The first gold highlighted Minted Seat has been shipped.  

I have successfully engraved the first silver 2oz Minted Seat.

The 2oz .9999 Gold Minted Seats have sold out.  This will result in a $5,000 donation to NastyFans.

I would also like to explore the issue with member accounts on suspension.  It appears as though there are members who have been on suspension indefinitely.  I think we should explore enforcement of the termination policy.  However, I feel that the current policy is too harsh.  I would like to motion for a poll to extend the term of each probation/suspension/termination period in the NastyFans policy from 90 days to 1 year.  Thoughts?

Regarding Pools:

Yes, sure, solomining Bitcoin with that Avalon wouldn't have been a realistic bet : )   .....  but nice, you didn't complety overread it.

Anyway, you decided for Eligius, when i read the front page right, they also payout trx-fees. Right?   Then my assumption that they don't, was wrong! Sorry. There is only the payout-queque left that maybe won't be the best for Nasty-Mining:

Quote from there Website : "Miners qualify for a payout once their pool balance reaches a minimum of 40 TBC (0.04194304 BTC) - this is configurable."
Which adress you are mining to there? I'm interested to follow the progress from time to time.

Would have been nice if more members had wrote / or will write their opinion or suggestions  Smiley


Regarding accounts on suspension:

I also think an expansion of the timeframe would be nice, even i'm not sure if i will regularly login within 3 month in the future. 1 Year would be approriate in my opinion.


One other thing, regarding expansion of the mining operation:

Is it right that the current ratio for spliting the mining reward is: 75% Donation to Fans and 25% to Nasty Mining?
I think 50% / 50% would lead to better results long term, and gives Nasty-Mining a much better possibilitie to expand!

I think that was discussed in the past, and the current sitiuation was a result of a poll, but maybe meanwhile you (Og) and other members see the Situation different and also want to poll about? Just a thought....
OgNasty
Donator
Legendary
*
Offline Offline

Activity: 2562
Merit: 1259


Quoth the Raven "Nevermore."


View Profile WWW
March 23, 2016, 03:56:34 PM
 #3278

Anyway, you decided for Eligius, when i read the front page right, they also payout trx-fees. Right?   Then my assumption that they don't, was wrong! Sorry. There is only the payout-queque left that maybe won't be the best for Nasty-Mining:

Quote from there Website : "Miners qualify for a payout once their pool balance reaches a minimum of 40 TBC (0.04194304 BTC) - this is configurable."
Which adress you are mining to there? I'm interested to follow the progress from time to time.

I wouldn't say I've "decided" on Eligius.  I've done very little besides check out the interface and point a miner there.  I am testing it out to see how the experience is.  Coins are currently being mined to: 1NFovp71B2b1e4DTvLAeN7WXETrJ6u1PdA and 100% will be donated to NastyFans.


Would have been nice if more members had wrote / or will write their opinion or suggestions  Smiley

Agreed.


Regarding accounts on suspension:

I also think an expansion of the timeframe would be nice, even i'm not sure if i will regularly login within 3 month in the future. 1 Year would be approriate in my opinion.

Agreed.  I'm sure there will be a poll in the future for this.


One other thing, regarding expansion of the mining operation:

Is it right that the current ratio for spliting the mining reward is: 75% Donation to Fans and 25% to Nasty Mining?
I think 50% / 50% would lead to better results long term, and gives Nasty-Mining a much better possibilitie to expand!

I think that was discussed in the past, and the current sitiuation was a result of a poll, but maybe meanwhile you (Og) and other members see the Situation different and also want to poll about? Just a thought....

There are 2 reasons why the split is currently 75/25.  One is that the donated coins aren't exclusively from mining.  Recently, silver sales have played a much larger role in the distributions.  I believe silver sales should largely be paid out to the seats, so the 75/25 split represents that belief.  The other reason is that I pay 100% of the electricity costs out of my own pocket.  We could spend 100% of the coins on expanding the mining operation and even do funding rounds to get us up to 1PH/s.  However, without first securing something like solar energy to pay for said expansion, I would go bankrupt from electricity costs and it would be game over.  I have been toying with the idea of selling off a large portion of my personal holdings in order to pay for a solar array, as this has been my wish from day 1 and would benefit the organization as a whole in many ways from decentralizing ownership to giving us a responsible "green" reputation.  I'm just not sure the best way to go about doing so.  I think an 85 BTC investment would put NastyMining in a position where we could have room to expand and be able to take advantage of older cheaper equipment.  Perhaps that is something I will put more effort into exploring once the gold coins have been produced.  If there is anyone out there looking to make a large investment (5+ BTC only), please let me know and I will keep you in the loop if a funding opportunity does become available.  Currently, an 85 BTC purchase on the auction is a bit unrealistic due to the result it would have on the seat price, so large potential NastyFans seat owners have been discouraged from entering the market.  This could be a good opportunity to hop in without that concern.  This organization can grow as large as we'd like it to be, but it must be done correctly to ensure that it is sustainable long term.  I do not want to be put in the position where a personal financial hardship or profitability concerns result in scaling back current operations.  I believe solar is the best way to address those concerns and feel there is no better organization to carry this long term responsibility.

          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
.
|
.
|
          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
unthy
zapeta
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
March 24, 2016, 12:37:50 AM
 #3279

I'm not opposed to pool mining, but I have no idea what pools are out there at this point.  I think that it would be better to have less variance in weekly payout than we currently experience with P2Pool.

As for the suspension/termination - is there a ballpark number of how many seats are suspended or in danger of termination?  What would be the benefit to the rest of us if we started terminating memberships?

One way or another those members paid for seats.  My understanding is that suspended seats don't receive donations, and I can't imagine that there is any significant costs associated with of keeping track of those seats that are suspended or near termination.  In all likelihood, those members probably won't come back, but imagine the negative publicity that could arise if they did come back and found that their seats has been "terminated". 
DebitMe
Legendary
*
Offline Offline

Activity: 1988
Merit: 1001


Crypto-Games.net: Multiple coins, multiple games


View Profile
March 24, 2016, 01:00:25 AM
 #3280

I believe there are a few good options out there to switch mining to besides P2pool.  I understand the appeal of decentralized mining, but unfortunately the hashrate doesn't seem quite high enough to lend enough support to that idea.  I think we could be really well off supporting one of the pools that does a lot of good for the community such as Kano's or Bitminters, as opposed to f2pool and antpool that don't fill blocks regularly.  I understand that this might be against what the group stands for, but options are getting thin.  I also don't support mining lottery style for solo blocks.  Using Nicehash is also a good way to get higher mining rewards than currently being paid, something to think about.

I think that expanding mining operations would be a good route to go.  It seems like silver sales are the main drivers behind distributions currently, and current mining gear will only continue to mine less as time goes on.  By beefing up mining capacity, I think the group would overall benefit from higher distributions, more being put back into mining gear, and more silver and seat sales.  Going about this may be tough though, I know I could offer my entire basement as housing for units, but I would need compensation for electricity (around 8 cents per kwh).  There may need to be some creative conclusions to get there, but my belief is mining should expand.

Other business units may be a good investment as well.  Investing in the creation of a faucet or small payout game could help profits.  There are numerous other possibilities as well where expansion could occur.

I think the login period should be extended, I don't think I will remember to login every 3 months to "renew" my seat.  I personally believe you should never lose your seats and should always get distributions, but perhaps say after a year or so those donations are considered donations back to the group if you don't login, but you keep your seats.

These are a couple of my thoughts, there isn't quite enough money to procure large discounts from major equipment manufacturer's, but there are always deals on these forums if you look hard enough.


▄▄▄████████▄▄▄
▄██████████████████▄
▄██████████████████████▄
██████████████████████████
████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
████████████████████████████
██████████████████████████
▀██████████████████████▀
▀██████████████████▀
▀▀▀████████▀▀▀
   ███████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
███████
BTC  ◉PLAY  ◉XMR  ◉DOGE  ◉STRAT  ◉ETH  ◉GRC  ◉LTC  ◉DASH  ◉PPC
     ▄▄██████████████▄▄
  ▄██████████████████████▄        █████
▄██████████████████████████▄      █████
████ ▄▄▄▄▄ ▄▄▄▄▄▄ ▄▄▄▄▄ ████     ▄██▀
████ █████ ██████ █████ ████    ▄██▀
████ █████ ██████ █████ ████    ██▀
████ █████ ██████ █████ ████    ██
████ ▀▀▀▀▀ ▀▀▀▀▀▀ ▀▀▀▀▀ ████ ▄██████▄
████████████████████████████ ████████
███████▀            ▀███████ ▀██████▀
█████▀                ▀█████
▀██████████████████████████▀
  ▀▀████████████████████▀▀ 
DICE           
BLACKJACK
PLINKO       
VIDEO POKER
ROULETTE     
LOTTO             
Pages: « 1 ... 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 [164] 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!