NastyMining: NastyFans Minted Seats Coins As Bitcoin Wallets?
One of the biggest criticism against cryptocurrencies like Bitcoin and Ethereum is the massive amount of energy consumption required. The crypto mining operations alone uses moe energy than Iceland, Jordan and Syria combined. Recently, in Venezuela, authorities uncovered a warehouse full of 10,000 mining computers, which was drawing enough energy to power a whole town.
Environmental awareness is pushing some companies and individuals to mine cryptocurrencies using renewable energy. Crypto-miners are driven to use clean energy, lowering cost, helping the planet and even generate profits in the process.
What Is NastyMining?
NastyMining is a private bitcoin mining operation that utilizes solar and wind energy to promote socially responsible Bitcoin mining. The fortunes made by them is regularly donated to NastyFans. NastyFans is a Fan Club for Bitcoin enthusiasts established way back in 2012 by nonnakip to bring a fun project to the crypto community.
A seat purchased at nastyfans.org entitles the user to vote in club polls and a share of the weekly NastyFans donation distribution. In addition to mining Bitcoin donations, NastyMining sells coins made of precious metals and other goods in NastyShop. The proceeds from the goods sold will be donated to NastyFans again.
The core of their unique offerings is there no cost approach to mining. There are abundant solar and wind energy driven mining equipment available on NastyPool without the requirement of a payout address. They offer 0% mining pool. Connected to it are all NastyFans.
Electricity costs are their operation’s largest liability. They have an agenda to install solar roofs to cut down on costs. Having a no cost power source is essential to not only their mining operation but in crypto-mining operations worldwide as this guarantees that the coins increase in value.
Who Is Behind NastyMining?
The Arizona based sustainable operation of NastyMining was established by OgNasty for creating a platform for a pool of small scale miners to partake in “socially responsible bitcoin activities.”
Nonnakip runs the technical side of the operations and keeps things running smoothly. He works very closely to OgNasty and is one of his most trusted people. Nonakip is a trusted member of the Bitcoin community as well.
What Is NastyFans Minted Seats?
Minted Seats are unique coins made with silver and gold and is distributed by NastyMining as a fundraiser for NastyFans. They act as physical Bitcoin wallets while at the same time being tied to a NastyFans seat. They have engraved keys in them, which is a sequential vanity address unique to each coin style. There is also a coin analyzer available which gives an array of information about Minted Seats and their value.
How To Be Part Of The Pool?
To be part of the pool, miners must buy a seat in NastyFans. Buying a seat is like buying a percentage of NastyMining. All 30,000 seats are generally occupied but you can buy and sell these seats on NastyFans own auction site. Members earn profits from the mining pool proceeds as well as a percentage of profits from other sales like bitcoins made from precious metals.
OgNasty is looking to expand their solar and wind power production and is always in search of new ways to reduce energy consumption and costs. He hopes to get a bicycle-powered generator to keep himself busy and his body fit. He eventually wants to install a cooling tower and immersion tank for the equipment.
You can learn more about NastyMining on their website mining.nastyfans.org/