Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 113. (Read 452224 times)

Perhaps he is too busy setting up all the gear? One can only hope. Posting a tweet or two would be sufficient to placate the underwhelmed amongst us. I know that's grnbrg's "job". But, seriously, what is up with that? Marc Andreesen is busy. Look at his twitter feed. A Rat that Tweets would go a long ways. We don't need a blow by blow, just the odd - "Still alive, plan is unfolding, timing is ....?"

Don't worry guys our 2gh/s should be here by end of next week...

"205-215TH beginning of March (some of this could get sent a little early  Grin) (2.615-2.743 GH/s per bond)"

as par the course BFL didn't deliver but Bitfury might come through still. 

I guess lab Rat would rather wait till he has something to show than get bogged down with forum conjecture. 

Most people the other side of the LRM shares for sale are just listing "take profit" prices. Not "Oh my god I gotta get rid of this turkey" and the spread below that is relatively tight.

The thread is fairly active for what it is, the pool of bondholders is far smaller than in many other outfits.

The bond trading thread is a joke virtually no serious bids and a list as long as my arm of people wanting to sell. Literally 15 mins a week is all we are asking for but zach would just prefer to log in every few days and read the thread but not post anything. Says a hell if a lot when he has seen the questions time and time again and just keeps ignoring them.

Plenty of things to be happy, frustrated, or disappointed about here.

Comparatively speaking, LRM is thus far doing better than a lot of other mining outfits out there.  Comparatively speaking, LRM has more transparency than others out there.  Communication seems about par for bitcoin mining outfits though unfortunately.  The few people in the inner circle of LRM still seem optimistic, but I'd rather hear those statements directly from LR.  Perhaps the few folks in the inner circle could prod LR a bit more to communicate better.  It doesn't seem like too much to ask for 15 minutes a week to hammer out a few lines of text.  Comparing LRM to other mining outfits though, doesn't really set the bar very high.  

I hope the new (bitfury) hardware arrives on time.  When was it supposed to arrive?  This month, right?  Hopefully the BFL hardware arrives (period).  

I bought bonds at the IPO and so far, I am still glad I bought into LRM rather than some of the other options available at the time.  The issues brought up here would probably be viewed as petty in some of the other mining threads out there.  At least we have reliably received weekly dividends as promised with a couple of minor exceptions.  Despite the complaints at the time, LRM bailing on Bitfunder early on was absolutely 100% the right thing to do.  Bitfury turned out to be one of the most reliable providers of hardware of all options available at the time.  So far, LR has made very good decisions.  But, the silence is deafening.  That needs to change sooner rather than later.  The concerns around Coinseed do need to be cleared up.  I am less concerned about a functional exchange at this moment, but do want to see that happen eventually, preferably first half of this year at the latest.

I think if I had to choose one most pressing issue that LR should address immediately, it would be:

Does LRM have any exposure to Mt.Gox???  If so, how much and will it affect hardware deliveries?

For someone who had worlds of time to focus on LRM it wud appear he has done sweet f a except land himself a new job

Lol so 3 months ago he said it was his top priority rofl if he wanted the bonds to be traded they could be listed in less than two weeks.

This should at the very least be posted on lrm's web site. It's not like labrat has been completely MIA, he logs on almost everyday or every second day. I'm sure he's reading all this so perhaps he's got something he doesn't want to tell us - like losing funds in Gox.....?

The obvious one is no new hardware have arrives, nothing new here. 

Does anyone know the total div's sent to date, or where is a list of the div's sent since first bond issue?

No problem, LabRat will implement it in just a two years. Everything is under control

But you're wrong...

Haha that's a good one. You do realise zach hasn't done or said anything to suggest that these bonds will ever be listed on an exchange again right?

Any updates on the trading engine? Would love to buy/sell/trade LRM bonds once again (not through an SMF forum). BitFunder was a long time ago...

There is no FUD, I told you all this would happen half of you laughed and the others said just be patient for a couple of weeks. . . This has so far played out exactly how I suggested

LRM is nothing but an annoying side project for zach now

It is becoming worrying...


On the bright side, for the same BTC invested, it looks like LRM is paying out in a WEEK, what Icedrill will pay out EVER not counting that they haven't got their dividend distribution set up yet, boy do I ever regret letting one LRM share go to "diversify".

Dividends details take less than 10 minutes to post...

It's barely the minimum LabRat must do for bondholders.
I find this attitude very unprofessional and nearly disrespectful for us.

Maybee all the FUD impact me, but in Bitcoin world, no communication is never good :/

+1 not funny anymore

This has gone beyond a joke now, we have all been more than patient but I am done being patient. Labrat is no longer fulfilling his obligations to bond holders. He doesn't even post the details of the dividends any more. Everything I said when the coin seed deal was announced has come true. Labrat has taken a better paid job and now no llonger has time to service his obligations to bond holders. Things will only get worse over the coming weeks. The time for patience has passed lab rat 's failure to fulfill his obligations is reducing the value of all bonds and I am stunned that the rest of bond holders are ok with this.

LMFAO

Thanks for the chuckle.

Your bonds still have market value you can sell them for.  Your "loss" will be much less if you sell your bonds, so sell out if you don't think you will get a good return on labrat.  However, I don't think anyone was expecting to get a 100% return in 6 months. 

While communication is sparse, I think labrat will continue to add hardware and service his contract.  The break even horizon is probably a couple years unless you sell some holdings to shore up the difference.