NastyMining - Free Electricity, No Fees, NastyFans.org

[djjacket]

Distribution 306873 is complete. nastyfans thanks the donators.

Thanks - Can't wait until we get some of that BFL hashing...

[djjacket]

Is there anyway we can help this guy out.  I am going to persoanlly loan a little to him, but I really feel bad for the guy and it does look legit.  Maybe the fan club could assist?   I don't have deep bitcoin pockets, but some here might.  He has genuinely given a lot including trying to set up the bitcoin museum without donations.
https://bitcointalk.org/index.php?topic=659146.0

[nonnakip]

Is there anyway we can help this guy out.

The only option I can see the fanclub doing is if the fanclub votes to loan a portion of our donations to DobZombie for some time. If a couple fans show interest in this I can create such a poll. I am open to ideas.

I am not suggesting that we should offer a loan. I am only showing my willingness to create a vote if the fans want to do this.

[OgNasty]

Is there anyway we can help this guy out.

The only option I can see the fanclub doing is if the fanclub votes to loan a portion of our donations to DobZombie for some time. If a couple fans show interest in this I can create such a poll. I am open to ideas.

I am not suggesting that we should offer a loan. I am only showing my willingness to create a vote if the fans want to do this.

I've spoken quite a bit in the past with DobZombie.  He's a good guy and even helped design our 1g silver coins.  I feel terrible for him, but using the fanclub to make unsecured loans is not an option I would ever vote for.  I also don't believe it would be in Dob's best interests to take out a BTC loan.  Acquiring a loan in his local currency from a typical bank or family member seems like a much more reasonable approach for his situation.

[Squeaker]

I've spoken quite a bit in the past with DobZombie.  He's a good guy and even helped design our 1g silver coins.  I feel terrible for him, but using the fanclub to make unsecured loans is not an option I would ever vote for.  I also don't believe it would be in Dob's best interests to take out a BTC loan.  Acquiring a loan in his local currency from a typical bank or family member seems like a much more reasonable approach for his situation.

I'd have to agree...

I got stuck in the situation taking a BTC loan, and then watching the price skyrocket over 5000% (at today's price) from when I took the loan, with no hope of ever being able to repay it now...

Any loan he gets should be in his local, more stable, currency.

=squeak=

[OgNasty]

I received the following email from BFL:

Thanks for being a Butterfly Labs customer. Your patience and loyalty are greatly appreciated.

While we wait for the 1TH revision of the PCB to make it through manufacturing, we have a supply of boards that do not meet the desired specs and thus are not suitable to be shipped directly to customers. However, with this limited quantity of boards, we can deliver processing power remotely to some customers.

Although we are under no legal obligation to do so, as a courtesy to customers who have been waiting the longest, we will provision these boards in a hosted environment (BFL Cloud Mining facilities), equal to the original processing power you ordered. Cloud Mining will be deployed in queue order and since you are receiving this email, you are eligible at no cost to you (we pick up the tab for hosting and electricity). Once the new 1TH boards arrive and assembly and delivery has begun, we will ship your full original order plus previously announced upgrade, and free Cloud Mining will be terminated.

I activated the offer and we are currently mining 3TH/s on Eclipse which is the default pool for their cloud mining service.  No word if this 3TH/s will be increased to our full 9TH/s as they are able to bring more equipment online or not.

Their Cloud Mining website states:

Pool not listed?
If the pool you wish to mine to is not listed here, please send your suggestion through the Contact Us link and we will evaluate adding it to the list.

I have emailed office@butterflylabs.com the link to this thread as well as letting them know that we have been longtime supporters and requested that they add NastyPool to the list of possible Cloud Mining options.  I imagine if they were willing, this would be a pretty big boost to NastyPool.  If anyone else is benefiting from their Cloud Mining offer, make sure to let them know that you'd rather be mining on NastyPool.   

[Carnth]

I activated the offer and we are currently mining 3TH/s on Eclipse which is the default pool for their cloud mining service. 

This is great!

I have emailed office@butterflylabs.com the link to this thread as well as letting them know that we have been longtime supporters and requested that they add NastyPool to the list of possible Cloud Mining options.  I imagine if they were willing, this would be a pretty big boost to NastyPool. 

This would be even better!

[OgNasty]

No word if this 3TH/s will be increased to our full 9TH/s as they are able to bring more equipment online or not.

Now that I think about it...  The very first order we placed was for 5 Monarchs.  If they are giving 600GH/s to each Monarch order as compensation, the 3TH/s makes perfect sense.  Our other orders were staggered over the next few days, so I imagine we may get another couple TH/s as they work their way through the orders.

[Squirrel Dearing]

...I activated the offer and we are currently mining 3TH/s on Eclipse...

I don't know anything about Eclipse.  Anyone know if there is a public link to view the status? Also anyone know about how often Eclipse 'pays out'?

[OgNasty]

...I activated the offer and we are currently mining 3TH/s on Eclipse...

I don't know anything about Eclipse.  Anyone know if there is a public link to view the status? Also anyone know about how often Eclipse 'pays out'?

I looked into it, but the way their cloudhashing is setup, you don't actually use a username/password combination so there is no tracking of the stats possible.  It does look like they haven't yet found a block since we've been mining, but I am watching https://eclipsemc.com to see when a block is found and what our payout will be.


EDIT:  We have been hashing with no issues on Eclipse, but after looking more into it, I am concerned by the 5% fee, lack of transparency with the current setup, and sudden bad luck that the pool is having.  As a result, I have switched our cloud mining to a pool that I am able to monitor.  I can now confirm via a 3rd party that BFL is providing us the promised hashrate.  Hopefully that puts some skeptics to rest.  I am still pushing them to add NastyPool, or at the very least the ability to enter information to mine on any P2Pool node.  

[ManeBjorn]

Can you switch to BTCGuild??  At least it is steady there.  Eclipse is in collusion with BFL.  5% fee is just robbery as well.
ghash is the worst.
With Bitmain just pushing 4.8 ph/s to the network things are changing fast.  KNC is hammering the network as well.

...I activated the offer and we are currently mining 3TH/s on Eclipse...

I don't know anything about Eclipse.  Anyone know if there is a public link to view the status? Also anyone know about how often Eclipse 'pays out'?

I looked into it, but the way their cloudhashing is setup, you don't actually use a username/password combination so there is no tracking of the stats possible.  It does look like they haven't yet found a block since we've been mining, but I am watching https://eclipsemc.com to see when a block is found and what our payout will be.


EDIT:  We have been hashing with no issues on Eclipse, but after looking more into it, I am concerned by the 5% fee, lack of transparency with the current setup, and sudden bad luck that the pool is having.  As a result, I have switched our cloud mining to a pool that I am able to monitor.  I can now confirm via a 3rd party that BFL is providing us the promised hashrate.  Hopefully that puts some skeptics to rest.  I am still pushing them to add NastyPool, or at the very least the ability to enter information to mine on any P2Pool node.  

[Majixagi]

If it is similar to what they are offering with nimbusmining, the BFL/EclipseMC agreement is straight PPS at 5%, so luck wouldn't matter. That said, they changed the account settings recently to limit the pools you were "allowed" to hash in. It used to be possible to enter pool details manually. I would guess that they removed the ability for a reason, though I am not sure what that would be.

[HotSwap]

Hey OG, when did you originally place your order with BFL? I'm curious if they are going in order.

Thanks! And glad to see someone getting some BFL power.

[OgNasty]

Can you switch to BTCGuild?? 

The site is down again, but I will eventually post all the pools and we can see if there is a transparent and free option.

Hey OG, when did you originally place your order with BFL?

The 5 Monarchs we are currently getting cloud mining for were ordered about 30 minutes after they began taking preorders.  The remaining 4 were ordered over the next 3 days and I haven't received any communication on them yet.

[ManeBjorn]

Cool, then we can verify which ones are BFL affiliated and which are not and get off them.
There is a big scam going on with BFL and it is sickening.  I will be so happy to see you get the hardware in hand and be done with them.

Can you switch to BTCGuild?? 

The site is down again, but I will eventually post all the pools and we can see if there is a transparent and free option.

Hey OG, when did you originally place your order with BFL?

The 5 Monarchs we are currently getting cloud mining for were ordered about 30 minutes after they began taking preorders.  The remaining 4 were ordered over the next 3 days and I haven't received any communication on them yet.

[Equilux]

...I activated the offer and we are currently mining 3TH/s on Eclipse...

I don't know anything about Eclipse.  Anyone know if there is a public link to view the status? Also anyone know about how often Eclipse 'pays out'?

I looked into it, but the way their cloudhashing is setup, you don't actually use a username/password combination so there is no tracking of the stats possible.  It does look like they haven't yet found a block since we've been mining, but I am watching https://eclipsemc.com to see when a block is found and what our payout will be.


EDIT:  We have been hashing with no issues on Eclipse, but after looking more into it, I am concerned by the 5% fee, lack of transparency with the current setup, and sudden bad luck that the pool is having.  As a result, I have switched our cloud mining to a pool that I am able to monitor.  I can now confirm via a 3rd party that BFL is providing us the promised hashrate.  Hopefully that puts some skeptics to rest.  I am still pushing them to add NastyPool, or at the very least the ability to enter information to mine on any P2Pool node.  

Thanks for being ontop of this!

[nonnakip]

For the distribution this week we execute part two of NASTY MINING 2 year celebration... lottery drawing! The program to execute lottery is available as source here. The block containing the distribution this week is the block for the drawing.

The members that participated in celebration already see their lottery tickets when they sign in to nastyfans.org.

Good luck!

[ManeBjorn]

Cool deal.
You guys are always up to something good. :-)

For the distribution this week we execute part two of NASTY MINING 2 year celebration... lottery drawing! The program to execute lottery is available as source here. The block containing the distribution this week is the block for the drawing.

The members that participated in celebration already see their lottery tickets when they sign in to nastyfans.org.

Good luck!

[silverfuture]

Cool deal.
You guys are always up to something good. :-)

+1  These guys really care about what they do and it shows.

[Sonya]

...I activated the offer and we are currently mining 3TH/s on Eclipse...

I don't know anything about Eclipse.  Anyone know if there is a public link to view the status? Also anyone know about how often Eclipse 'pays out'?

I currently mine on eclipse. They have automatic payments I believe it's daily; as soon as you hit the minimum payout. You can also do manual payouts at 0.001. You can choose to mine PPS, DGM (it's been a few months since I've read their terms of service but I believe DGM has a lower fee) or anonymously just using your bitcoin address.

edit: double checked this is from eclispe  "This is a zero fee pool on our DGM scoring system.. We do not charge you fees for mining with our pool with DGM and we pay out to all 8 decimal places. No more storing sub .02 amounts in your account, we pay you everything you've earned."

However I have noticed while mining DGM I have been charged several donations usually 0.01% but have not seen one higher than 0.03%