News must be pretty epic...
LRM need to make bonds attractive.
Right now, 0.055BTC for 295mh/s is way overpriced when you can buy, on other place, 1gh/s or even higher.
But i have faith on LRM and LabRat.
Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 139. (Read 452235 times)
January 21, 2014, 04:25:48 PM
January 21, 2014, 03:48:14 PM
Well, anyone correct me on this, but my math shows some no so encouraging results for LRM over time. With bond holders buying in with an anticipated initial target hashrate of 100MH/bond. At 50,000 bonds then, that comes out to about LRM hashing at 6500GH. Currently, LRM is a little less than 400% above that value.... but.... Difficulty is has increased 4400% since inception.
LRM should be hashing at ~250TH to simply be on par and indicating a sustainable trend.
LRM should be hashing at ~250TH to simply be on par and indicating a sustainable trend.
January 21, 2014, 03:24:59 PM
From the looks of things, we are going to need to be close to a PH very soon.. I would have never guessed that the difficulty would be this high when I figured out worse/best case scenarios when I made my asic orders 1.5 yrs ago. Then again, I didn't think the bitcoin would hit 1k this last year either. I have a feeling that the news will be well received...
1 ph? are you insane? 
That would be 40x times of the dividends we receive now. Well i would like to see a weekly dividend of around 8BTC but thats just utopian
January 21, 2014, 02:59:40 PM
Dunno why people are coming down on grnbrg -- I quite enjoyed the heads up that info was coming, and even LR himself said he'd possibly post something that very evening. Obviously there were some variables that were not initially apparent, and I'd prefer that LR post definites than maybes, so for me the wait isn't a big deal. grnbrg had nothing to do with that, and I for one would still enjoy his tidbits of news (so don't let the mob dissuade you grnbrg!).
He said it was great news, which is good enough for me. LR will undoubtedly post something very soon.
My guess: we'll get somewhere in the range of 300TH/s --> 3PH/s in the chute.
plus, GD BFL will be delivering in... 2 weeks.
I await the word of the LR
He said it was great news, which is good enough for me. LR will undoubtedly post something very soon.
My guess: we'll get somewhere in the range of 300TH/s --> 3PH/s in the chute.
plus, GD BFL will be delivering in... 2 weeks.I await the word of the LR
From the looks of things, we are going to need to be close to a PH very soon.. I would have never guessed that the difficulty would be this high when I figured out worse/best case scenarios when I made my asic orders 1.5 yrs ago. Then again, I didn't think the bitcoin would hit 1k this last year either. I have a feeling that the news will be well received...
January 21, 2014, 02:55:43 PM
ffs just give us an estimate when your gonna release the info hours days two frickin weeks?
January 21, 2014, 02:48:55 PM
Just a thought: It seems to me a better chart of labrat mining performance - in contrast to the dual hashrate & difficulty chart - would be a graph of the cumulative daily delta of the percentage changes of hashrate and difficulty since inception. It seems this would account for the area under the curves and give a better idea on the trend of LRM decay or growth.
Spreadsheets, I love spreadsheets. (is that weird?) I have difficulty and hashrate data from the beginning if someone would like to do the percentages, other than that I can get around to them when I have a moment.
Thanks. I think the tricky part with my suggestion will be figuring out where to start measuring hashrate growth. Theoretically, LRM could have bought simply one USB miner, and just bought maybe two USB miners a month later and growth would beat difficulty. But that would be deceptive... So, somehow factoring in original invested funds seems important. Perhaps, the way to do this is to use a starting theoretical hashrate (i.e. what amount of hardware could have been purchased and placed in hand immediately). So, you would see a major percentage drop from the start until most hardware eventually came online. Some of that hardware has yet to come online (e.g. BFL Monarchs).
Oh boy, then there's a potential issue of accumulating percentage increases with percentage decreases - i.e. a 10% increase doesn't cancel out a 10% decrease. Maybe, I'm making this too difficult.
January 21, 2014, 02:39:31 PM
Hashrate/Difficulty History for LRM
https://drive.google.com/folderview?id=0BwZCh0jtSZkwNU9ZSXRZbm1YOHM&usp=sharing
https://drive.google.com/folderview?id=0BwZCh0jtSZkwNU9ZSXRZbm1YOHM&usp=sharing
Hmmm- looks like we are due for another straight up blue line step..... imminently
January 21, 2014, 01:37:30 PM
Hashrate/Difficulty History for LRM
https://drive.google.com/folderview?id=0BwZCh0jtSZkwNU9ZSXRZbm1YOHM&usp=sharing
https://drive.google.com/folderview?id=0BwZCh0jtSZkwNU9ZSXRZbm1YOHM&usp=sharing
January 21, 2014, 01:16:21 PM
Dunno why people are coming down on grnbrg -- I quite enjoyed the heads up that info was coming, and even LR himself said he'd possibly post something that very evening. Obviously there were some variables that were not initially apparent, and I'd prefer that LR post definites than maybes, so for me the wait isn't a big deal. grnbrg had nothing to do with that, and I for one would still enjoy his tidbits of news (so don't let the mob dissuade you grnbrg!).
He said it was great news, which is good enough for me. LR will undoubtedly post something very soon.
My guess: we'll get somewhere in the range of 300TH/s --> 3PH/s in the chute. plus, GD BFL will be delivering in... 2 weeks.
I await the word of the LR
He said it was great news, which is good enough for me. LR will undoubtedly post something very soon.
My guess: we'll get somewhere in the range of 300TH/s --> 3PH/s in the chute.
plus, GD BFL will be delivering in... 2 weeks.I await the word of the LR
Thank you, I would've posted that night except I'm coordinating news releases with 2 other entities. Trust me I'm just as ready to put the news out there as you are to hear it.
January 21, 2014, 01:15:59 PM
Just a thought: It seems to me a better chart of labrat mining performance - in contrast to the dual hashrate & difficulty chart - would be a graph of the cumulative daily delta of the percentage changes of hashrate and difficulty since inception. It seems this would account for the area under the curves and give a better idea on the trend of LRM decay or growth.
Spreadsheets, I love spreadsheets. (is that weird?) I have difficulty and hashrate data from the beginning if someone would like to do the percentages, other than that I can get around to them when I have a moment.
Post em on Drive we will do the rest lol!
January 21, 2014, 01:15:03 PM
Just a thought: It seems to me a better chart of labrat mining performance - in contrast to the dual hashrate & difficulty chart - would be a graph of the cumulative daily delta of the percentage changes of hashrate and difficulty since inception. It seems this would account for the area under the curves and give a better idea on the trend of LRM decay or growth.
Spreadsheets, I love spreadsheets. (is that weird?) I have difficulty and hashrate data from the beginning if someone would like to do the percentages, other than that I can get around to them when I have a moment.
January 21, 2014, 12:16:07 PM
Just a thought: It seems to me a better chart of labrat mining performance - in contrast to the dual hashrate & difficulty chart - would be a graph of the cumulative daily delta of the percentage changes of hashrate and difficulty since inception. It seems this would account for the area under the curves and give a better idea on the trend of LRM decay or growth.
January 21, 2014, 11:27:08 AM
Dunno why people are coming down on grnbrg -- I quite enjoyed the heads up that info was coming, and even LR himself said he'd possibly post something that very evening. Obviously there were some variables that were not initially apparent, and I'd prefer that LR post definites than maybes, so for me the wait isn't a big deal. grnbrg had nothing to do with that, and I for one would still enjoy his tidbits of news (so don't let the mob dissuade you grnbrg!).
He said it was great news, which is good enough for me. LR will undoubtedly post something very soon.
He said it was great news, which is good enough for me. LR will undoubtedly post something very soon.
+1
January 21, 2014, 12:09:19 AM
Dunno why people are coming down on grnbrg -- I quite enjoyed the heads up that info was coming, and even LR himself said he'd possibly post something that very evening. Obviously there were some variables that were not initially apparent, and I'd prefer that LR post definites than maybes, so for me the wait isn't a big deal. grnbrg had nothing to do with that, and I for one would still enjoy his tidbits of news (so don't let the mob dissuade you grnbrg!).
He said it was great news, which is good enough for me. LR will undoubtedly post something very soon.
My guess: we'll get somewhere in the range of 300TH/s --> 3PH/s in the chute. plus, GD BFL will be delivering in... 2 weeks.
I await the word of the LR
Huzzah good sir MirtyHe said it was great news, which is good enough for me. LR will undoubtedly post something very soon.
My guess: we'll get somewhere in the range of 300TH/s --> 3PH/s in the chute.
plus, GD BFL will be delivering in... 2 weeks.I await the word of the LR
January 21, 2014, 12:02:51 AM
Dunno why people are coming down on grnbrg -- I quite enjoyed the heads up that info was coming, and even LR himself said he'd possibly post something that very evening. Obviously there were some variables that were not initially apparent, and I'd prefer that LR post definites than maybes, so for me the wait isn't a big deal. grnbrg had nothing to do with that, and I for one would still enjoy his tidbits of news (so don't let the mob dissuade you grnbrg!).
He said it was great news, which is good enough for me. LR will undoubtedly post something very soon.
My guess: we'll get somewhere in the range of 300TH/s --> 3PH/s in the chute. plus, GD BFL will be delivering in... 2 weeks.
I await the word of the LR
He said it was great news, which is good enough for me. LR will undoubtedly post something very soon.
My guess: we'll get somewhere in the range of 300TH/s --> 3PH/s in the chute.
plus, GD BFL will be delivering in... 2 weeks.I await the word of the LR
Amen.
January 20, 2014, 10:09:12 PM
Dunno why people are coming down on grnbrg -- I quite enjoyed the heads up that info was coming, and even LR himself said he'd possibly post something that very evening. Obviously there were some variables that were not initially apparent, and I'd prefer that LR post definites than maybes, so for me the wait isn't a big deal. grnbrg had nothing to do with that, and I for one would still enjoy his tidbits of news (so don't let the mob dissuade you grnbrg!).
He said it was great news, which is good enough for me. LR will undoubtedly post something very soon.
My guess: we'll get somewhere in the range of 300TH/s --> 3PH/s in the chute. plus, GD BFL will be delivering in... 2 weeks.
I await the word of the LR
He said it was great news, which is good enough for me. LR will undoubtedly post something very soon.
My guess: we'll get somewhere in the range of 300TH/s --> 3PH/s in the chute.
plus, GD BFL will be delivering in... 2 weeks.I await the word of the LR
January 20, 2014, 10:08:36 PM
Hopefully this is not too tin foily, but perhaps something in this arena could be considered epic news.
Who wants to get out their hats?
Who wants to get out their hats?
Quote from: Cointerra Email Update
DATELINE 1/20/2014: AUSTIN, TX.
Our last update on January 14th included a short video of a working TerraMiner IV, and further information regarding the testing and characterization status.
Over the past week our engineering team has been busy conducting some board tweaks needed before we can push the button to commence production of first batch of TerraMiners.
At the same time we have been preparing the hardware for mandatory FCC and CE product testing and certification, and UL safety testing and certification which we have been informed will take approximately 2-3 days to complete.
We expect to begin shipping the initial run of units at the end of this week, incrementally ramping up production for volume shipping commencing next week. In parallel the production lines at both of our Central Texas manufacturing facilities are presently assembling the chassis (including the rear fans and power supplies), front panels (with fans, grills and LEDs), and the other non-board components in preparation for the fully-populated boards to be dropped in for final assembly and a short but essential burn-in quality control testing period.
TerraMiner front panels (populated with fans and grills) racked and ready to be bolted onto the chassis
TerraMiner chassis being built-up on one of the production lines.
We have signed off on the first release version of the software which controls the TerraMiner, having made some final tweaks to the web-based Control Panel, and flashed to each BeagleBone Black controller board. The user guide, with step-by-step instructions for setting up, configuring and operating the TerraMiner will be posted to the CoinTerra website prior to shipping our first production units.
We expect to be able to post another status report later this week with updates on the certification processes and shipment of our very first production miners.
http://cointerra.com/update-prototype-testing-completed-certification-production-week/
Our last update on January 14th included a short video of a working TerraMiner IV, and further information regarding the testing and characterization status.
Over the past week our engineering team has been busy conducting some board tweaks needed before we can push the button to commence production of first batch of TerraMiners.
At the same time we have been preparing the hardware for mandatory FCC and CE product testing and certification, and UL safety testing and certification which we have been informed will take approximately 2-3 days to complete.
We expect to begin shipping the initial run of units at the end of this week, incrementally ramping up production for volume shipping commencing next week. In parallel the production lines at both of our Central Texas manufacturing facilities are presently assembling the chassis (including the rear fans and power supplies), front panels (with fans, grills and LEDs), and the other non-board components in preparation for the fully-populated boards to be dropped in for final assembly and a short but essential burn-in quality control testing period.
TerraMiner front panels (populated with fans and grills) racked and ready to be bolted onto the chassis
TerraMiner chassis being built-up on one of the production lines.
We have signed off on the first release version of the software which controls the TerraMiner, having made some final tweaks to the web-based Control Panel, and flashed to each BeagleBone Black controller board. The user guide, with step-by-step instructions for setting up, configuring and operating the TerraMiner will be posted to the CoinTerra website prior to shipping our first production units.
We expect to be able to post another status report later this week with updates on the certification processes and shipment of our very first production miners.
http://cointerra.com/update-prototype-testing-completed-certification-production-week/
January 20, 2014, 09:47:04 PM
Yeah, well, this business not teen idol. how about we just all get the information at once.
Nothing personal grnbrg, I like you. but this is starting to feel like a repetitive game with other peoples money. I don't like to be teased when it comes to money.
Since we gone off the path of the original agreement of what would/would not be paid to the holders, I would like to see some results and not just hear that some mysterious results are somewhere in our future for like 5 days.
January 20, 2014, 09:25:11 PM
How come you get insider information, but the rest of us don't?
Lab_Rat wanted someone to be able to disseminate information and answer questions if he is too busy to do so. Based on the relationship built over on the BFL forums last year, he asked me if I wanted to be that contact. He is trusting me to answer the questions I can based on the public information that is available and to not release any information that I might get that is not yet public. I probably should have kept my mouth shut last Thursday, but a release sounded imminent, and I wanted to wake things up a bit.
Other than being able to identify which users own which bond addresses, based on the trading I have overseen, I don't think I've had access to any information that hasn't become public in fairly short order, though.
grnbrg.
Yeah, well, this is business not teen idol. how about we just all get the information at once.
Nothing personal grnbrg, I like you. but this is starting to feel like a repetitive game with other peoples money. I don't like to be teased when it comes to money.
Since we gone off the path of the original agreement of what would/would not be paid to the holders, I would like to see some results and not just hear that some mysterious results are somewhere in our future for like 5 days.
January 20, 2014, 04:08:05 PM
How come you get insider information, but the rest of us don't?
Lab_Rat wanted someone to be able to disseminate information and answer questions if he is too busy to do so. Based on the relationship built over on the BFL forums last year, he asked me if I wanted to be that contact. He is trusting me to answer the questions I can based on the public information that is available and to not release any information that I might get that is not yet public. I probably should have kept my mouth shut last Thursday, but a release sounded imminent, and I wanted to wake things up a bit.
Other than being able to identify which users own which bond addresses, based on the trading I have overseen, I don't think I've had access to any information that hasn't become public in fairly short order, though.
grnbrg.
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