NastyMining - Free Electricity, No Fees, NastyFans.org

[ErebusBat]

Nasty

Are you using your own funds to pay for the expansion?  If so, why?

[OgNasty]

Nasty

Are you using your own funds to pay for the expansion?  If so, why?

Yes, I am.  We've never discussed having NastyFans pay for infrastructure improvements, and I didn't want to start an argument or turn away potential/existing seat owners with unexpected costs.  For that reason, I saw this as another opportunity to show my dedication to the project.  If for some reason there were NastyFans that wanted to help me with the a/c and electrical circuit costs, the estimate for work being done this Thursday is ~$2,000 and donations can be made to my BTC address: 168WXhArv7Fasqvi2xm5MQMfLhG18jifMe

[silverfuture]

Can't do it right away but will donate for this improvement in the weeks to come.  Big thanks to OgNasty and Nonnakip.

[Yogafan00000]

I donated my last 2 weeks of NastyFans dividends for the A/C upgrades.

Think we can get some pics posted on the fans site of all the new gear someday?

Much appreciate all your hard work.

[kuzetsa]

policy change... 25% reinvestment thingy...

Code:

no: 746 (10.5%)
yes: 4990 (70.3%)
not yet voted: 1361 (19.2%)
abstain: 17903

The poll has been running for like 3 weeks at this point
.... and if I remember right, polls auto-close after 30 days?

Update:

Code:

poll begin: 2013-03-26 13:19:52 (UTC time)
... Current time: 2013-04-25 (aprox 20 minutes past midnight, UTC)
30 days deadline: ... less than 24 hours

Seems I was right (just found it in the policy)

any members that do not vote within thirty days of a poll begin will automatically vote for the "no action" choice

I'll be leaving as a result




I'm not comfortable with a policy which rejects the usual definition of "abstain"

I'm not willing to be a part of a system where people who truly abstain are instead automatically being counted as a veto

... This policy change for reinvestment / expansion is probably going to fail

... all because of the way the voting system works (doesn't work) right now

... I don't know how to finish this statement without pissing off ognasty again.


I've often been devil's advocate. I've pointed out legitimate, sincere concerns and questions, pushing for straightforward policy

... not everyone considers "doing things right & having a solid plan" to be worth as much effort as ... nevermind

Basically, I'm sorry for "stirring the pot" in such a way that my intentions and goals were dismissed as trolling or otherwise useless words.

Obviously, my methods can't do shit if my words fall on deaf ears.

Perhaps someone "less unpopular" (better liked?) can make a difference.


I know that multiple GLBSE-traded securities & bonds went completely sideways.

Thanks for trying to make the best of what you could after GLBSE closed.





-- Ex-fan with no hard feelings

[kroneko]

So just saw BFL_Jody's post below:

https://forums.butterflylabs.com/blogs/bfl_jody/137-first-most-boring-update.html

Any emails come your way yet OgNasty to package things up? :-D

[OgNasty]

any members that do not vote within thirty days of a poll begin will automatically vote for the "no action" choice

I'm not comfortable with a policy which rejects the usual definition of "abstain"

... This policy change for reinvestment / expansion is probably going to fail

... all because of the way the voting system works (doesn't work) right now

I agree with kuzetsa.  I propose a poll to change policy to state that "any members that do not vote within thirty days will automatically vote for the 'abstain' choice."

I also believe that a majority of seat owners wish to have 25% of donations set aside for future expansion.  For that reason I would like to ask nonnakip to change my 'abstain' votes on the current poll to 'yes' votes.  I believe this is what the majority wants, and I'd like to do what I can to force this through with the current policy while we resolve the abstaining vote issue.  If there are objections to my voting to pass this poll, please make them known.  I'm a reasonable person and only want to do what is right given the circumstances.

Think we can get some pics posted on the fans site of all the new gear someday?

I'll definitely post some pics here.  There isn't much to show yet, but as soon as I get the a/c unit & jalapeno running, I'll post some new pics of the operation.

Any emails come your way yet OgNasty to package things up? :-D

Nothing yet.  It's my understanding they're only shipping jalapenos until the new boards for the singles come in.  I'll definitely keep everyone updated when I do get the email.

[asnonmous]

Nasty

Are you using your own funds to pay for the expansion?  If so, why?

Yes, I am.  We've never discussed having NastyFans pay for infrastructure improvements, and I didn't want to start an argument or turn away potential/existing seat owners with unexpected costs.  For that reason, I saw this as another opportunity to show my dedication to the project.  If for some reason there were NastyFans that wanted to help me with the a/c and electrical circuit costs, the total is going to be ~$2,000 and donations can be made to my BTC address: 168WXhArv7Fasqvi2xm5MQMfLhG18jifMe

Your dedication is awesome.  I'm donating appr $120 to help cover the cost of the upgrades in proportion to some seats I own, plus some extra to help cover the cost of the Jalepeno that you are sharing with the mining.  I encourage other fans to donate likewise in proportion to their shares.  Not just because they appreciate what OgNasty does, but also to further the partnership that we have and encourage more in the future.

[nonnakip]

I'm not comfortable with a policy which rejects the usual definition of "abstain"

I'm not willing to be a part of a system where people who truly abstain are instead automatically being counted as a veto

... This policy change for reinvestment / expansion is probably going to fail

... all because of the way the voting system works (doesn't work) right now

nastyfans is still young. We have 20% seats that do not vote. We have 154 seats on probation. I think as time passes the nonactive fans will disappear. Then voting will be more successful. And maybe someday we have a policy that matches you.

I've often been devil's advocate. I've pointed out legitimate, sincere concerns and questions, pushing for straightforward policy
...
Obviously, my methods can't do shit if my words fall on deaf ears.

Your voice never falls on deaf ears. I work within the bounds of nastyfans policy.

I wish you success with future Bitcoin adventures. Maybe some day you decide to join nastyfans again. We have exciting services in the pipeline.

[Akka]

Nasty

Are you using your own funds to pay for the expansion?  If so, why?

Yes, I am.  We've never discussed having NastyFans pay for infrastructure improvements, and I didn't want to start an argument or turn away potential/existing seat owners with unexpected costs.  For that reason, I saw this as another opportunity to show my dedication to the project.  If for some reason there were NastyFans that wanted to help me with the a/c and electrical circuit costs, the total is going to be ~$2,000 and donations can be made to my BTC address: 168WXhArv7Fasqvi2xm5MQMfLhG18jifMe

That's really generous of you. I'm really happy to see that you are continuously working and spending personal funds in improving NastyMining.

But, it's my understanding that the 25% growth investments from the FanClub donations we voted for are being used exactly for improvements like this.

I know this is not an official policy right now, but maybe it's time to vote on making a 25% Growth and maintenance pot?

[nonnakip]

I propose a poll to change policy to state that "any members that do not vote within thirty days will automatically vote for the 'abstain' choice."

I will start a poll for this.

I also believe that a majority of seat owners wish to have 25% of donations set aside for future expansion.  For that reason I would like to ask nonnakip to change my 'abstain' votes on the current poll to 'yes' votes.  I believe this is what the majority wants, and I'd like to do what I can to force this through with the current policy while we resolve the abstaining vote issue.  If there are objections to my voting to pass this poll, please make them known.  I'm a reasonable person and only want to do what is right given the circumstances.

I am sad that 1353 seats did not vote. There is also no members that select new abstain choice in settings. It is obvious to me that 20% of nastyfans do not care about nastyfans or NASTY MINING.

For the nastyfans that voted it was 87% that wanted 25% donations for NASTY MINING. But I will not change the OgNasty votes. I will start a new 25% donations poll. If OgNasty votes then we will have a 75% majority very quickly and can begin the 25% donations.

[JaredR26]

I propose a poll to change policy to state that "any members that do not vote within thirty days will automatically vote for the 'abstain' choice."

I will start a poll for this.

I also believe that a majority of seat owners wish to have 25% of donations set aside for future expansion.  For that reason I would like to ask nonnakip to change my 'abstain' votes on the current poll to 'yes' votes.  I believe this is what the majority wants, and I'd like to do what I can to force this through with the current policy while we resolve the abstaining vote issue.  If there are objections to my voting to pass this poll, please make them known.  I'm a reasonable person and only want to do what is right given the circumstances.

I am sad that 1353 seats did not vote. There is also no members that select new abstain choice in settings. It is obvious to me that 20% of nastyfans do not care about nastyfans or NASTY MINING.

For the nastyfans that voted it was 87% that wanted 25% donations for NASTY MINING. But I will not change the OgNasty votes. I will start a new 25% donations poll. If OgNasty votes then we will have a 75% majority very quickly and can begin the 25% donations.

Honestly an 80% voting ratio is actually a pretty amazingly high ratio.  In most companies the vast majority of shareholders do not vote, even large shareholders.  I would recommend contacting those who did not vote in the last poll and asking them to select "abstain from polls" if they do not intend to vote.  (Or making a poll to make that the new default for people who have never voted, and for people who haven't voted in the last ~7 polls...)

[nonnakip]

1 poll closed

[policy change] send 25% of donations to NASTY MINING
     no: 2099 (29.7%)
     yes: 4998 (70.4%)
     abstain: 17903
     RESULT: NO POLICY CHANGE


I will start this poll again soon.

[nonnakip]

2 polls opened

[policy change] send 25% of donations to NASTY MINING

[policy change] change automatic vote to "abstain"

[nonnakip]

Distribution 233291 is complete. nastyfans thank our donators.

[JaredR26]

There's another Asicminer auction up, 5x as large as the last.  While the prices last time ended up too high for Nasty to justify buying, AM might have made a mistake this time by starting the 48 hr auction on a Saturday morning.

If the prices end up lower, might be worth Nasty Mining picking up a few.  Thoughts?

[l3sny]

No idea with those prices
Please have a look on KNC Miner's produts:
https://www.kncminer.com/categories/miners

[JaredR26]

No idea with those prices
Please have a look on KNC Miner's produts:
https://www.kncminer.com/categories/miners

IMO, until they ship, they don't exist.  There are plenty of vaporware asics out there- BFL, 100TH/s mine shares, etc.

[Timbo925]

Having something hashing soon will be much more profitable compared to waiting again for a product to be shipped for its first run. Once these devices are getting shipped regularly the difficulty will be huge.

A 24h vote might be a good idea 

[l3sny]

I have ordered one Mars just in case;)