Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 122.

yuhannl

newbie

Activity: 33

Merit: 0

Quote from: bittymitty on February 02, 2014, 08:21:41 PM

The last trade for LRM was BTC .066 per bond for current hash rate of .318 GH/s

Cex.io is currently selling 1gh/s for BTC .0338( 3 times the hash rate for half BTC cost)

Is LRM still good value against Cex.io?

Does anyone have the cumulative return that LRM has made so far per share?

I think the difference is the per bond hash rate for LRM is increasing over time and based on the forward looking statements by Labrat it will continue to go up.
Obviously have to weigh out the opportunity cost and risks associated with any sort of investments.

bittymitty

sr. member

Activity: 294

Merit: 250

The last trade for LRM was BTC .066 per bond for current hash rate of .318 GH/s

Cex.io is currently selling 1gh/s for BTC .0338( 3 times the hash rate for half BTC cost)

Is LRM still good value against Cex.io?

Does anyone have the cumulative return that LRM has made so far per share?

elitenoob

hero member

Activity: 728

Merit: 500

Quote from: dtown on February 02, 2014, 07:10:56 PM

I just noticed the "overpay" e-mail. I'm happy to pay back the extra, but I didn't get divs this week and my overpay amount was roughly 1 additional weeks worth. At this point should I just wait it out?

Thanks!

Quote from: Lab_Rat on February 01, 2014, 03:00:53 PM

Dividends went out. To those of you who received a small amount or 0 remember that this week as well as a few people in weeks to come are repaying last weeks overpayment.

dtown

newbie

Activity: 38

Merit: 0

I just noticed the "overpay" e-mail. I'm happy to pay back the extra, but I didn't get divs this week and my overpay amount was roughly 1 additional weeks worth. At this point should I just wait it out?

Thanks!

daemonfox

hero member

Activity: 630

Merit: 500

Quote from: oldbushie on February 02, 2014, 11:30:15 AM

Quote from: Doff on February 02, 2014, 11:28:36 AM

Quote from: brox on February 02, 2014, 03:09:43 AM

I vote for Eligius. Zero fee, merged namecoin mining, low variance, high uptime. And you know owners/developers very well

The Bitfury miners would run like shit on Eligius, mainly because you cannot control Diff yet. I know because I have several and their auto adjustment just does not work for whatever reason with the bitfury miners.

Ah yeah, by that logic P2Pool wouldn't work so well either.

With P2Pool, you can append a share divisor to the end of your address... and make it scale to a share diff of your choosing.

AdDressGoEsHere1234567BLAH+0.0005 is an example I use with p2pool.org when I mined 42coin.

oldbushie

member

Activity: 94

Merit: 10

Quote from: Doff on February 02, 2014, 11:28:36 AM

Quote from: brox on February 02, 2014, 03:09:43 AM

I vote for Eligius. Zero fee, merged namecoin mining, low variance, high uptime. And you know owners/developers very well

The Bitfury miners would run like shit on Eligius, mainly because you cannot control Diff yet. I know because I have several and their auto adjustment just does not work for whatever reason with the bitfury miners.

Ah yeah, by that logic P2Pool wouldn't work so well either.

Doff

sr. member

Activity: 327

Merit: 250

Quote from: Lab_Rat on February 02, 2014, 11:26:56 AM

GHash.io is a very temporary solution. There's something in the works with Merlin that will make this problem go away.

Cool, maybe a better pool I can point my miners at as well?

Doff

sr. member

Activity: 327

Merit: 250

Quote from: brox on February 02, 2014, 03:09:43 AM

I vote for Eligius. Zero fee, merged namecoin mining, low variance, high uptime. And you know owners/developers very well

The Bitfury miners would run like shit on Eligius, mainly because you cannot control Diff yet. I know because I have several and their auto adjustment just does not work for whatever reason with the bitfury miners.

Lab_Rat

hero member

Activity: 599

Merit: 502

Token/ICO management

GHash.io is a very temporary solution. There's something in the works with Merlin that will make this problem go away.

brox

member

Activity: 71

Merit: 10

I vote for Eligius. Zero fee, merged namecoin mining, low variance, high uptime. And you know owners/developers very well

oldbushie

member

Activity: 94

Merit: 10

Quote from: M31 on February 01, 2014, 04:27:35 PM

Hey Endlessa - I always look forward to your replies here, especially the highly technical ones. Just wondering if you ever managed to crunch the numbers on when our own pool would be a good idea? It seems that with Merlin's combined force, our own pool would be an obvious choice -- then we can set it up as we wish

I still say P2Pool would be a great option, especially since it would encourage a lot more people to come back to it. Variance has been getting worse lately, we need a bump in hash. Wink

Note that's p2pool.info, not p2pool.org.

CumpsD

sr. member

Activity: 476

Merit: 250

Quote from: Lab_Rat on February 01, 2014, 03:00:53 PM

Dividends went out. To those of you who received a small amount or 0 remember that this week as well as a few people in weeks to come are repaying last weeks overpayment.

Mined: BTC31.80006408
Payout: BTC23.85004806
Per Bond: BTC0.000405668

These will see a slight increase this week despite the upcoming diff increase hopefully as I'm adding more hardware.

The coming weeks will be on the low side as is expected, but with an immenent ~180TH by the first or second week of March this will change rather abruptly.

Altcoin update:

NMC: 3567.86305903
IXC: 887.61781214
DVC: 32278.45217148

Reffered GHS: 9.45163718

Could you please take time to spend some minutes again answering forum questions

Quote

Lab_Rat, in the new venture LRM is involved in, can you tell us what % share LRM has in the new company?

I am interested to know how the new venture benefits LRM shareholders, besides getting access to cheaper HW due to volume. Will profits from the mining by dividend amongst shareholders and thus divided to bond holders?

BKM

sr. member

Activity: 315

Merit: 250

Quote from: Lab_Rat on February 01, 2014, 03:00:53 PM

Dividends went out. To those of you who received a small amount or 0 remember that this week as well as a few people in weeks to come are repaying last weeks overpayment.

Mined: BTC31.80006408
Payout: BTC23.85004806
Per Bond: BTC0.000405668

These will see a slight increase this week despite the upcoming diff increase hopefully as I'm adding more hardware.

The coming weeks will be on the low side as is expected, but with an immenent ~180TH by the first or second week of March this will change rather abruptly.

Altcoin update:

NMC: 3567.86305903
IXC: 887.61781214
DVC: 32278.45217148

Reffered GHS: 9.45163718

Quick back of the spreadsheet calculations based on an assumed +20% difficulty step rate results in an estimated difficulty of 4,582,549,082 on reaching 180 TH/s which would yield a dividend level of BTC0.001779661 per bond..... looking forward to that!

LR, please comment on what is in the pipeline after March? With the plethora of 28 nm gear due on the market at that point will be begin to see monthly deployments of hardware?

From March forward do you intend to grow our % of the network or is it your expectation that we will "tread water" or go backwards? Note that I reference the % of the network and not the amount of deployed hashrate. Based on a constant 20% rate of increase in difficulty our 180 TH/s will need to be 8.6 PH/s after 26 steps just to be par....

M31

full member

Activity: 139

Merit: 100

Quote from: Endlessa on February 01, 2014, 04:21:58 PM

Quote from: Lab_Rat on January 30, 2014, 01:23:37 PM

Quote from: spuushie on January 30, 2014, 09:53:33 AM

Quote from: ICantThinkOfaName on January 30, 2014, 08:58:14 AM

Why doesn't reflect all of our hashrate yet?

"Hashrate: 25+TH about to be moved to GHash.io/CEX.io"

Edited: Uploaded static copy of the above image. Bitcointalk didn't like the dynamic version.

I think he decided not to move more HW there. Because they have over 40% of the network.

This ^^^ The rest is on other pools ready to be moved over once GHash starts sliding back on % a little more.

I hope we move off to some pool that's healthier for the network. our new hardware should not be contributing to the hashrate of GHash.io . . .imo, there are other pools that can give us namecoin and not be a problem for bitcoin . . . and less fees

Hey Endlessa - I always look forward to your replies here, especially the highly technical ones. Just wondering if you ever managed to crunch the numbers on when our own pool would be a good idea? It seems that with Merlin's combined force, our own pool would be an obvious choice -- then we can set it up as we wish

Endlessa

sr. member

Activity: 335

Merit: 250

Quote from: Lab_Rat on January 30, 2014, 01:23:37 PM

Quote from: spuushie on January 30, 2014, 09:53:33 AM

Quote from: ICantThinkOfaName on January 30, 2014, 08:58:14 AM

Why doesn't reflect all of our hashrate yet?

"Hashrate: 25+TH about to be moved to GHash.io/CEX.io"

Edited: Uploaded static copy of the above image. Bitcointalk didn't like the dynamic version.

I think he decided not to move more HW there. Because they have over 40% of the network.

This ^^^ The rest is on other pools ready to be moved over once GHash starts sliding back on % a little more.

I hope we move off to some pool that's healthier for the network. our new hardware should not be contributing to the hashrate of GHash.io . . .imo, there are other pools that can give us namecoin and not be a problem for bitcoin . . . and less fees

inspiredinvestor

hero member

Activity: 658

Merit: 500

Quote from: Lab_Rat on February 01, 2014, 03:00:53 PM

Dividends went out. To those of you who received a small amount or 0 remember that this week as well as a few people in weeks to come are repaying last weeks overpayment.

Mined: BTC31.80006408
Payout: BTC23.85004806
Per Bond: BTC0.000405668

These will see a slight increase this week despite the upcoming diff increase hopefully as I'm adding more hardware.

The coming weeks will be on the low side as is expected, but with an immenent ~180TH by the first or second week of March this will change rather abruptly.

Altcoin update:

NMC: 3567.86305903
IXC: 887.61781214
DVC: 32278.45217148

Reffered GHS: 9.45163718

look forward to march! what is the plan for the alt coins?

Lab_Rat

hero member

Activity: 599

Merit: 502

Token/ICO management

Dividends went out. To those of you who received a small amount or 0 remember that this week as well as a few people in weeks to come are repaying last weeks overpayment.

Mined: BTC31.80006408
Payout: BTC23.85004806
Per Bond: BTC0.000405668

These will see a slight increase this week despite the upcoming diff increase hopefully as I'm adding more hardware.

The coming weeks will be on the low side as is expected, but with an immenent ~180TH by the first or second week of March this will change rather abruptly.

Altcoin update:

NMC: 3567.86305903
IXC: 887.61781214
DVC: 32278.45217148

Reffered GHS: 9.45163718

pistachiotuque

newbie

Activity: 8

Merit: 0

overpayment of dividends sent, txid c87b657c604b67e8db7da70402604dcce2621e97a3980970a02e2eb3efcffbb5-000

Jolest

newbie

Activity: 14

Merit: 0

Quote from: Lab_Rat on January 29, 2014, 11:59:06 PM

Quote from: hamburgerhelper on January 29, 2014, 11:52:41 PM

One could go so far to say that it would be a complete and total conflict of interest.

This is why I'm not owning any hardware ever again... I've spoken to my lawyer and we both agree I can't compete with the company. In this case it's resulting in a contribution to the company so I see this particular case to be in the company's interest rather than against it.

Thanks for this clarification. It helps us to know what your position is regarding you owning mining equipment.

FWIW, I agree with both parts of your assessment (regarding acquiring equipment on short notice when a good opportunity presents itself -and- using that equipment short-term to reimburse your expenses for acquiring said equipment if it can't be done directly from company assets).

brox

member

Activity: 71

Merit: 10

Quote from: grnbrg on January 31, 2014, 10:48:04 AM

Quote from: fractal02 on January 31, 2014, 10:37:35 AM

Quote from: oldbushie on January 31, 2014, 10:32:02 AM

Considering ASICs can't mine scrypt...

Not anymore...
See Gridchip thread, Asic chip hashing at 70kh/s

Fine. Bitcoin ASICs can't mine scrypt.

grnbrg.

Actually, bitcoin ASICs aren't supposed to mine scrypt. But you can't prove scrypt and existing double-sha chips have no weaknesses that can be exploited

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