NastyMining - Free Electricity, No Fees, NastyFans.org

[OgNasty]

NastyMining or myself would purchase up to 15 BTC of seats at 0.0005 BTC per seat (currently worth $833,250) if anyone was interested. That offer will put a floor under seat prices in BTC terms which is something I think people have wanted to see with this organization for a long time.

I am now increasing that offer to buying an unlimited number of seats at a price of 0.00055 BTC per seat.  This marks a 10% increase in the floor price for NastyFans seats and anyone who wants to take advantage of this offer needs only to list their seats on the auction at nastyfans.org and drop me a message letting me know they've been listed.

I haven’t seen much in the way of sales lately on the auction so I am increasing the seat buyback price again from 0.00055 BTC to 0.0006 BTC per seat.

I would also love it if peeled Minted Seats were able to be claimed to online accounts so that they too could take advantage of the buyback offer.

[cryptocoinplay]

Is nasty fans still working?

[OgNasty]

Is nasty fans still working?

It is working as far as I’m aware.

[OgNasty]

I wanted to give 2 weeks notice of a change being made to the buyback offer by NastyMining.

As of July 11th, the "buyback" offer amount will be changing.  The change will be going from a set amount, to a share of the total BTC held by NastyMining.  This will likely result in less BTC per seat as we open the door to both buying back all outstanding NastyFans seats (minted and digital) with our savings, as well as utilizing our BTC savings to have some fun.

The buyback amount after July 11th, will be 1/30,000th of the BTC held at 1NASTYfxUpKPwin7b1KTBFjeeofrLSgXDJ per seat, minus any applicable transaction fees.

That amount with our current savings would be 0.000537 BTC per seat (minus any applicable transaction fees).

If you would like to accept the current offer of 0.0006 BTC per seat (without transaction fees), please list your seats for sale on the auction at nastyfans.org before July 11th.

[OgNasty]

I wanted to give 2 weeks notice of a change being made to the buyback offer by NastyMining.

As of July 11th, the "buyback" offer amount will be changing.  The change will be going from a set amount, to a share of the total BTC held by NastyMining.  This will likely result in less BTC per seat as we open the door to both buying back all outstanding NastyFans seats (minted and digital) with our savings, as well as utilizing our BTC savings to have some fun.

The buyback amount after July 11th, will be 1/30,000th of the BTC held at 1NASTYfxUpKPwin7b1KTBFjeeofrLSgXDJ per seat, minus any applicable transaction fees.

That amount with our current savings would be 0.000537 BTC per seat (minus any applicable transaction fees).

If you would like to accept the current offer of 0.0006 BTC per seat (without transaction fees), please list your seats for sale on the auction at nastyfans.org before July 11th.

The buyback offer has been completed.  NastyMining has purchased 162 NastyFans seats listed at auction for 0.0972 BTC ($11,436.18).  That was 0.0006 BTC per seat ($70.59).  Thank you to those who participated.

[aem2nf]

Does anyone know about web3.0 smart mining?

[OgNasty]

NastyMining has purchased 628 NastyFans seats listed at auction for 0.33453819 BTC ($38,990.40).  That was 0.0005327 BTC per seat ($62.09).

This brings the total amount of NastyFans seats owned by NastyMining to 2,837 seats.

This is the largest sale by USD I can ever remember seeing.  Pretty amazing how far this project has come.

[OgNasty]

I placed an order for an Avalon Q that I intend to get up and running as a solo miner (unless people want to see small amounts of BTC trickle in as opposed to gambling for a block).  I am also attempting to sell our Avalon Nano 3, but there isn't much interest in that miner.  I am not sure it makes sense to continue running it once the Avalon Q arrives, so if anyone has any suggestions on what to do with it, I'm all ears.

Worth noting, the NastyShop is nearly sold out of all Minted Seats as only the 2oz variant remains.  I am considering purchasing the remainder of them for NastyMining for auctions or giveaways in the future and I think it would be nice to diversify our holdings from only BTC, even if just a tiny %.

[mindragon]

I placed an order for an Avalon Q that I intend to get up and running as a solo miner (unless people want to see small amounts of BTC trickle in as opposed to gambling for a block).  I am also attempting to sell our Avalon Nano 3, but there isn't much interest in that miner.  I am not sure it makes sense to continue running it once the Avalon Q arrives, so if anyone has any suggestions on what to do with it, I'm all ears.

Worth noting, the NastyShop is nearly sold out of all Minted Seats as only the 2oz variant remains.  I am considering purchasing the remainder of them for NastyMining for auctions or giveaways in the future and I think it would be nice to diversify our holdings from only BTC, even if just a tiny %.

I'm trying to figure it out. Are you still mining? What's going on with all that power generation... How is your project currently going?

[OgNasty]

I'm trying to figure it out. Are you still mining? What's going on with all that power generation... How is your project currently going?

I am still (solo) mining, hence the Avalon Q purchase which will bring me to several thousand times the hashrate I pledged when starting this project. Hopefully we get lucky and mine a block soon. Power generation I funded by selling my personal assets will be enough to supply the Avalon Q with self generated alternative energy and I am still using the donated pedal bike to generate additional power manually as well as the donated battery backup to supply alternative energy after the sun goes down. The project seems to be going well. We are still active after 13+ years while every other GLBSE founded organization disappeared over a decade ago. Our seat value is near its all time high. The Minted Seats created as a fundraiser are nearly sold out and I am actively exploring ways for coin owners to cash out their seats as well as having Bitcoin distributions be on demand instead of time based with a threshold, as I believe that has caused a lot of confusion.

Do you have anything you’re doing for the project that you’d like to share or a desire to assist in some way?

[mindragon]

I'm trying to figure it out. Are you still mining? What's going on with all that power generation... How is your project currently going?

I am still (solo) mining, hence the Avalon Q purchase which will bring me to several thousand times the hashrate I pledged when starting this project. Hopefully we get lucky and mine a block soon. Power generation I funded by selling my personal assets will be enough to supply the Avalon Q with self generated alternative energy and I am still using the donated pedal bike to generate additional power manually as well as the donated battery backup to supply alternative energy after the sun goes down. The project seems to be going well. We are still active after 13+ years while every other GLBSE founded organization disappeared over a decade ago. Our seat value is near its all time high. The Minted Seats created as a fundraiser are nearly sold out and I am actively exploring ways for coin owners to cash out their seats as well as having Bitcoin distributions be on demand instead of time based with a threshold, as I believe that has caused a lot of confusion.

Do you have anything you’re doing for the project that you’d like to share or a desire to assist in some way?

Well. Maybe. It's a variation of a theme as they say.

I'll send a DM after a bit.

Thanks,

MD

[OgNasty]

The Avalon Q miner is up and hashing away.  It is currently solo mining on CKPool in hopes of landing us a block reward.  If you wanted to check out how it is doing, here's a link to some mining statistics: https://solostats.ckpool.org/users/1NastyFRkeUTmMdbMmzggDVTQA6r3ibUoX

If anyone wanted to help the cause and try to mine a block for NastyFans...

Point your miner to: stratum+tcp://solo.ckpool.org:3333
Username: 1NastyFRkeUTmMdbMmzggDVTQA6r3ibUoX.YourMinerNameHere
Password: x

[UNOE]

Is it really possible we never hit a block since 2018?
I have a 2oz silver coin with 0BTC on its address.
Gotta admit, that sounds ridicuous that in 7 years I owned it I never got a single payout. Solo mining for 7 years, 0 blocks?
If 50% of the coin sales went to the Nasty Mining operation, one would expect the 4000% growth in BTC would make the mining operation incredibly wealthy and with a very big hashrate. A hashrate that actually got rewards..

[OgNasty]

Is it really possible we never hit a block since 2018?
I have a 2oz silver coin with 0BTC on its address.
Gotta admit, that sounds ridicuous that in 7 years I owned it I never got a single payout. Solo mining for 7 years, 0 blocks?
If 50% of the coin sales went to the Nasty Mining operation, one would expect the 4000% growth in BTC would make the mining operation incredibly wealthy and with a very big hashrate. A hashrate that actually got rewards..

It looks like 415 weekly payouts have happened since 2018.  A threshold was put in place by nonnakip to limit weekly dust from accumulating at addresses.  I think a payout is due for coins so that people stop spreading this FUD that BTC isn't going to seat owners and I am trying to make that happen.  Additionally, only 25% not 50% goes to NastyMining, and this is why we have accumulated a savings of more than 15 BTC during a period when BTC vastly outperformed mining (you're welcome for not blowing that BTC at lower prices to try and mine some of it back).  I am also exploring ways for people to be able to claim the seats on their coins to access their portion of the 15+ BTC held in savings.  You already know all this because you PM'd me and we discussed it, but I guess you weren't happy with these answers?  According to the analyzer site, these coins are now worth double their initial fundraiser sale price (which included a 50% donation) and continue to earn BTC.

We post a link to see the weekly distributions in the OP:
https://nastyfans.org/distribution.summary.csv

[nonnakip]

13 years ago nastyfans begins. I post some fun facts about the thirteenth year of nastyfans...

• 798 seats sold on the auction (total of 0.4365356 BTC)
• most recent nastyfans seat sale was for 0.0005327 BTC ($62.05)
• 532 seats minted via NastyShop
• 45 NastyMining Wallet Sets sold via NastyShop
• 0.35493199 BTC donated to nastyfans
• 1 seat accepting donations received 0.00000936 BTC
• 176 new members

The task list for the coming year... Exciting news! Stay tuned...

I thank the members for making this fanclub so much fun to be with!

[UNOE]

13 years ago nastyfans begins. I post some fun facts about the thirteenth year of nastyfans...

• 798 seats sold on the auction (total of 0.4365356 BTC)
• most recent nastyfans seat sale was for 0.0005327 BTC ($62.05)
• 532 seats minted via NastyShop
• 45 NastyMining Wallet Sets sold via NastyShop
• 0.35493199 BTC donated to nastyfans
• 1 seat accepting donations received 0.00000936 BTC
• 176 new members

The task list for the coming year... Exciting news! Stay tuned...

I thank the members for making this fanclub so much fun to be with!

How come there are 30 000 seats?

[OgNasty]

How come there are 30 000 seats?

30,001 was too many.