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Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 155. (Read 452224 times)

hero member
Activity: 509
Merit: 500
Official LRM shill
He is out of town, and connecting where he can via iPhone...

That said, the current hash rate is reported to be 23TH/s, and some bad pool luck this week.  Not much, but that's what I've got.


grnbrg.
hero member
Activity: 728
Merit: 500
When difficult questions like this come up, labrat just disappears from the board until the topic of conversation has moved on. Then he reappears.
So keep this in mind and surprise him when he responds Tongue
member
Activity: 115
Merit: 10
When difficult questions like this come up, labrat just disappears from the board until the topic of conversation has moved on. Then he reappears.
hero member
Activity: 504
Merit: 500
Knowing how seriously labrat treats his shareholders, he will probably just shrug his shoulders and say "whatever".

It's pretty boring in fact...  Sad

Don't tell me writing 3-4 lines to put details of the week dividends is that hard.
It's barely the minimum in fact.

If i want amateurish venture i can go to "group buy" section.  Roll Eyes
member
Activity: 115
Merit: 10
Another stab at what dividends should come out to theoretically. The website indicates there is NOT 25TH available, but rather about 20.95TH:

From labrat's website: "Hashrate: 5.45 TH/s + 15.5TH/s mining for additional hardware"

So...

5.45TH    @ 707,408,283 difficulty x 1.5 days = BTC3.8745/day x 1.5days = BTC5.81175
20.95TH  @ 707,408,283 difficulty x 1 day = BTC14.8939
20.95 TH @ 908,350,862 difficulty x 4.5 days = BTC11.5991/day x 4.5 days = BTC52.19595
-----------------------------------------------------------------------------------------------------------
Total: BTC5.81175 + BTC14.8939 + BTC52.19595 =  BTC72.901652 mined (theoretical)

BTC72.901652 x 0.75 = BTC54.676239 to dividends

BTC54.676239/ 57350 bonds = BTC.00095337/bond <---- theoretical yield

Actual paid:
BTC0.00076112/bond

Difference (theory - actual):
BTC.00095337/bond - BTC0.00076112/bond = BTC0.00019225/bond

0.00019225/.00095337 = ~20.17% below theoretical.

This could be due to bad luck. It would be nice to be able to view the pool results.
Knowing how seriously labrat treats his shareholders, he will probably just shrug his shoulders and say "whatever".
M31
full member
Activity: 139
Merit: 100
Endlessa: how many TH/s do you think we need to go solo?
sr. member
Activity: 335
Merit: 250
Would be awesome if we could see the mining payout wallet.  We could both run a 7/10 day average to see hash and see what is actually being mined. Do we know that addy?
just realized that would only help if we were solo. ..hopefully soon
hero member
Activity: 924
Merit: 506
Another stab at what dividends should come out to theoretically. The website indicates there is NOT 25TH available, but rather about 20.95TH:

From labrat's website: "Hashrate: 5.45 TH/s + 15.5TH/s mining for additional hardware"

So...

5.45TH    @ 707,408,283 difficulty x 1.5 days = BTC3.8745/day x 1.5days = BTC5.81175
20.95TH  @ 707,408,283 difficulty x 1 day = BTC14.8939
20.95 TH @ 908,350,862 difficulty x 4.5 days = BTC11.5991/day x 4.5 days = BTC52.19595
-----------------------------------------------------------------------------------------------------------
Total: BTC5.81175 + BTC14.8939 + BTC52.19595 =  BTC72.901652 mined (theoretical)

BTC72.901652 x 0.75 = BTC54.676239 to dividends

BTC54.676239/ 57350 bonds = BTC.00095337/bond <---- theoretical yield

Actual paid:
BTC0.00076112/bond

Difference (theory - actual):
BTC.00095337/bond - BTC0.00076112/bond = BTC0.00019225/bond

0.00019225/.00095337 = ~20.17% below theoretical.

This could be due to bad luck. It would be nice to be able to view the pool results.
hero member
Activity: 924
Merit: 506
If I recall, there was more than 2 weeks mined. He just "officially" started the 2 weeks ago, 2 weeks ago, I believe he was receiving equipment to mine with before, I think that the mining without our dividends is actually closer to 3-4 weeks, but not all of it was up and running during the first week, I think..

I just wish things were more transparent.. If your running an honest operation (which I think and hope Lab rat is doing) being transparent should be the first thing one should do. It will explain things like this....

+1
sr. member
Activity: 335
Merit: 250
Would be awesome if we could see the mining payout wallet.  We could both run a 7/10 day average to see hash and see what is actually being mined. Do we know that addy?
sr. member
Activity: 473
Merit: 250
Considering what they yielded today and a guesstimate of the past 2 previous weeks, i guess the total was over 200 bitcoins, about 170-180k cash, with the knc 3th going for 13k, thats about 41 th if you were to buy those, in this case he claims he had "put the right words that i dont recall" deal, so i guess its more?

He said the coins should by 'many many mnay multiples' of what we have right now so in my estimation that is at minimum 3x what we have but more likely 4x which would take us to 100Th.

The bigger question is when will that hardware get here if it's in the next week or so then great but if it's end of Jan then I think we are in trouble.
hero member
Activity: 924
Merit: 1000
If I recall, there was more than 2 weeks mined. He just "officially" started the 2 weeks ago, 2 weeks ago, I believe he was receiving equipment to mine with before, I think that the mining without our dividends is actually closer to 3-4 weeks, but not all of it was up and running during the first week, I think..

I just wish things were more transparent.. If your running an honest operation (which I think and hope Lab rat is doing) being transparent should be the first thing one should do. It will explain things like this....
full member
Activity: 140
Merit: 100
Considering what they yielded today and a guesstimate of the past 2 previous weeks, i guess the total was over 200 bitcoins, about 170-180k cash, with the knc 3th going for 13k, thats about 41 th if you were to buy those, in this case he claims he had "put the right words that i dont recall" deal, so i guess its more?
hero member
Activity: 924
Merit: 506
Does anyone here know where to view the pool labrat is mining? It would resolve the many questions. Transparency was suppose to be important to maintain.
hero member
Activity: 924
Merit: 1000
yes,I was very disappointed with the dividends. I was planning on 30 to 50 percent more. We gave up a few weeks of dividends. Im trying not to complain, but when I get less than what was told to me, its obvious that im not going to be terribly happy.

Id like to know how much extra power was purchased during the time we gave up our dividends. When we made the decision, the bitcoin was sub 200, now its hovering 1k, Those coins should be buying us a ton of hashing power.

Maybe someone could explain how the numbers worked out. if it makes sense, then i guess i have to live with it, if it doesnt make sense, I still have to live with it, lol....
hero member
Activity: 924
Merit: 506
Labrat. Make sure your calculator wasn't set for decimal and not octal!
hero member
Activity: 504
Merit: 500
yep...

0,000761125BTC per Bonds.

Remember, Monday was a day with a diff at 707,408,283...

According to BitcoinWisdom, 25TH/s bring daily ~ 13.84BTC at diff 908,350,862.

So :

- 1 day at 707,408,283 : ~17.77BTC
- 4.5 days at 908,350,862 : ~ 62.28BTC ( 13.84*4.5)

(62.28+17.77)*0.75 = ~60.03BTC

60.03/57451 bonds = ~ 0,00104489BTC...

Sorry but something is wrong....my math or...  Huh

Because 0,000761125BTC per bonds is ~43.72BTC for 5.5 days after the 25% cut...

Don't forget to add in the 1.5 days before @ 5TH.

I just left Monday at 908,400,000 ... and even still come out with about 33% below expectation!

Yes...

I really hope LabRat come here explain why the dividends are below the average calculation...something is wrong.
hero member
Activity: 924
Merit: 506
Labrat.

Would you describe how our calculations are amiss? We are coming out with 30% to 33% below a calculated expected dividend. Was it bad luck? or Was the 25TH not mining for 5.5 days but rather something like 4 days?

Please double-check the dividend math on your end.
hero member
Activity: 560
Merit: 500
I hope we get more hardware hashing for us soon because right now dividends are not really that great  Sad
hero member
Activity: 924
Merit: 506
yep...

0,000761125BTC per Bonds.

Remember, Monday was a day with a diff at 707,408,283...

According to BitcoinWisdom, 25TH/s bring daily ~ 13.84BTC at diff 908,350,862.

So :

- 1 day at 707,408,283 : ~17.77BTC
- 4.5 days at 908,350,862 : ~ 62.28BTC ( 13.84*4.5)

(62.28+17.77)*0.75 = ~60.03BTC

60.03/57451 bonds = ~ 0,00104489BTC...

Sorry but something is wrong....my math or...  Huh

Because 0,000761125BTC per bonds is ~43.72BTC for 5.5 days after the 25% cut...

Don't forget to add in the 1.5 days before @ 5TH.

I just left Monday at 908,400,000 ... and even still come out with about 33% below expectation!
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