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hak8or



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Full MemberActivity: 172Merit: 100 Re: [NastyFans.org] NASTY MINING - Now ASIC/GPU mining BTC/LTC/NMC/FTC/IXC/DVC! June 30, 2013, 03:52:44 AM #1206 Hopefully this is a good place to ask. From what I understand, each seat is currently around half a BTC, and each seat represents a share of the current total mining hash rate, which right now is a bit above 10 Mhash/s per seat.



There is obviously something more going on since that is way too much for such a small hash rate per seat, so I want to ask, what else is there? Are there more BFL rigs ordered, avalon rigs ordered, other ASIC's ordered? I see that there is a screenshot a page before showing that there are 320Ghash/s of ordered rigs , but that would pull the seat share rate only a tiny bit higher based on the current total share rate being 270 Ghash/s, which still does not seem worth the current seat price.



Also, you all seem like a very light hearted and happy bunch, which is very refreshing on the securities sub forum!

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MemberActivity: 110Merit: 14 Re: [NastyFans.org] NASTY MINING - Now ASIC/GPU mining BTC/LTC/NMC/FTC/IXC/DVC! June 30, 2013, 04:39:13 AM #1207 Quote from: hak8or on June 30, 2013, 03:52:44 AM Hopefully this is a good place to ask. From what I understand, each seat is currently around half a BTC, and each seat represents a share of the current total mining hash rate, which right now is a bit above 10 Mhash/s per seat.



There is obviously something more going on since that is way too much for such a small hash rate per seat, so I want to ask, what else is there? Are there more BFL rigs ordered, avalon rigs ordered, other ASIC's ordered? I see that there is a screenshot a page before showing that there are 320Ghash/s of ordered rigs , but that would pull the seat share rate only a tiny bit higher based on the current total share rate being 270 Ghash/s, which still does not seem worth the current seat price.



Also, you all seem like a very light hearted and happy bunch, which is very refreshing on the securities sub forum!



Thanks for stopping by! I think you raise some good points about the price per seat being a little high compared to the current hashing speed per share. However, I think most seats are held by individuals with longer term investment plans, as a considerable amount of donations go toward reinvestments and these are largely diversified nicely, see OP for reference. Nasty has also been incredibly transparent and quick to respond along with Nonnakip being great with running the fan club. Ultimately, we have a level of trust and transparency which keeps the drama to a minimum, and it has built a ton of confidence in seat owners that it isn't a fly by night operation. I think when you consider these factors along with the fact that we just received our first batch of asics, the value per seat I still believe is actually a little underpriced. Peace of mind is worth a lot in my opinion, and I've yet to have a reason to worry about my investment here. Thanks for stopping by! I think you raise some good points about the price per seat being a little high compared to the current hashing speed per share. However, I think most seats are held by individuals with longer term investment plans, as a considerable amount of donations go toward reinvestments and these are largely diversified nicely, see OP for reference. Nasty has also been incredibly transparent and quick to respond along with Nonnakip being great with running the fan club. Ultimately, we have a level of trust and transparency which keeps the drama to a minimum, and it has built a ton of confidence in seat owners that it isn't a fly by night operation. I think when you consider these factors along with the fact that we just received our first batch of asics, the value per seat I still believe is actually a little underpriced. Peace of mind is worth a lot in my opinion, and I've yet to have a reason to worry about my investment here.

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Hero MemberActivity: 601Merit: 576 Re: [NastyFans.org] NASTY MINING - Now ASIC/GPU mining BTC/LTC/NMC/FTC/IXC/DVC! June 30, 2013, 09:27:00 AM #1208 Quote from: hak8or on June 30, 2013, 03:52:44 AM From what I understand, each seat is currently around half a BTC, and each seat represents a share of the current total mining hash rate, which right now is a bit above 10 Mhash/s per seat.



There is obviously something more going on since that is way too much for such a small hash rate per seat, so I want to ask, what else is there?

When people bought seats in December 2012 there was 1MH/s per seat. Those same seats now have >10MH/s per seat. In a few months maybe that goes to 20 MH/s per seat.



With NASTY MINING reinvesting 25% to itself new hardware is purchased for future.



The MH/s per seat increases without any cost to fanclub members. Longterm fans already know this. When people bought seats in December 2012 there was 1MH/s per seat. Those same seats now have >10MH/s per seat. In a few months maybe that goes to 20 MH/s per seat.With NASTY MINING reinvesting 25% to itself new hardware is purchased for future.The MH/s per seat increasesto fanclub members. Longterm fans already know this.

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MemberActivity: 95Merit: 10 Re: [NastyFans.org] NASTY MINING - Now ASIC/GPU mining BTC/LTC/NMC/FTC/IXC/DVC! July 02, 2013, 12:53:30 AM #1213



1) Is there any reason you dont show BTC holding in OP

2) For other coins mined what is plan for these e.g convert to BTC and what frequency?

3) For the other shares we have bought are we realising these or are they pending?

4) as others show us the miner pr0n



Thanks and keep up the great work! Got a few questions, no major rush to answer them1) Is there any reason you dont show BTC holding in OP2) For other coins mined what is plan for these e.g convert to BTC and what frequency?3) For the other shares we have bought are we realising these or are they pending?4) as others show us the miner pr0nThanks and keep up the great work!