Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 165. (Read 452224 times)
December 03, 2013, 05:55:31 PM
After the "two four weeks" I am hoping Labrat will be able to buy a motherload of asics and push us into the 100th club as he indicated!
December 03, 2013, 05:43:13 PM
The question wasn't "Did LR invest?"
The question was "How much did LR reinvest?" You imply that you have already reinvested it all. Did you take no fee? You should take a fee and have that built into your business plan.
I also hope that a business owner could go months without spending money they were bringing in if there were no good deals. Nearly every ASIC had a negative ROI, it would have been better to hold BTC than buy a miner. Spending money for the sake of building hashrate will kill good intentioned ventures.
The question was "How much did LR reinvest?" You imply that you have already reinvested it all. Did you take no fee? You should take a fee and have that built into your business plan.
I also hope that a business owner could go months without spending money they were bringing in if there were no good deals. Nearly every ASIC had a negative ROI, it would have been better to hold BTC than buy a miner. Spending money for the sake of building hashrate will kill good intentioned ventures.
You didn't read much of the thread if you're saying this. LabRat would never buy hardware without opportunity of ROI. He has access to deals unobtainable by mere mortals like us because he is buying in bulk, and he has stated so many times in this thread!
December 03, 2013, 10:20:04 AM
I HAVE ALREADY ASKED, WILL ASK AGAIN:
1)On what pool LRM is currently mining
2)What about merged mining?
new questions:
To date LRM have paid about 830 btc.
That mean about 276,66 went to LRM(25%)
Currently it mean that around 250k USD have been gone just from dividends.
LabRat;
3) How much from this 250k will go to HW reinvestment?
1)On what pool LRM is currently mining
2)What about merged mining?
new questions:
To date LRM have paid about 830 btc.
That mean about 276,66 went to LRM(25%)
Currently it mean that around 250k USD have been gone just from dividends.
LabRat;
3) How much from this 250k will go to HW reinvestment?
lol
you must be new here
The first rule of LRM is you do not ask any questions of LRM!
This is not Fight Club, you can ask questions. I just may be a little too busy to answer at that exact moment. But I do have a very simple answer for this. Do you honestly believe a business owner would got months without using any of the funds they're bringing in... Those 276.66BTC aren't still sitting in my wallet or I'd have a little more to play with than I do at this moment.
Trust me though. I have very great plans for LRM.
The question wasn't "Did LR invest?"
The question was "How much did LR reinvest?" You imply that you have already reinvested it all. Did you take no fee? You should take a fee and have that built into your business plan.
I also hope that a business owner could go months without spending money they were bringing in if there were no good deals. Nearly every ASIC had a negative ROI, it would have been better to hold BTC than buy a miner. Spending money for the sake of building hashrate will kill good intentioned ventures.
December 03, 2013, 06:02:55 AM
On the down side... The wonderful news is likely going to be 4 weeks before I can officially announce it, but hopefully I get the BFL Monarchs in before then.
Lab_Ratian's can smell .... what is cooking
December 03, 2013, 04:06:16 AM
I'm not some greedy guy who's stashing away coins. A lot of coin and cash of my personal money is about to go into a project that will guarantee LRM is here to stay. Yes I could close up shop, but then I'd have a bunch of angry bitcoiners busting down my door and I would never be able to show my face in this community again (I like it here).
On the down side... The wonderful news is likely going to be 4 weeks before I can officially announce it, but hopefully I get the BFL Monarchs in before then.
On the down side... The wonderful news is likely going to be 4 weeks before I can officially announce it, but hopefully I get the BFL Monarchs in before then.
I invest in LRM because you are a Bitcoin enthusiast and made a great work as BFL moderator.
You, i and most of Bonds holders are in this venture for the long run.
I trust LabRat.(ok sometimes i'm a little impatient
)At the moment, he made a lot of smart move.
And i can't wait to see what he reserve us for the future (LabRat tease like no one ^^ )
December 03, 2013, 03:49:50 AM
Are you suggesting BFL are going to deliver on time? I think grnbrg should do another group bet on the delivery dates!
December 03, 2013, 12:56:21 AM
The wonderful news is likely going to be 4 weeks before I can officially announce it, but hopefully I get the BFL Monarchs in before then.
I am interpreting this as "I am going to have the Monarchs in 4 weeks". Getting them before the end of the year would be awesome, but we won't be surprised if it takes another two weeks.
December 03, 2013, 12:19:49 AM
1. A private pool
2. Maybe he is already doing merged mining and wants to keep it for his retirement fund?
3. What ever he feels like to spend as this is his BTC.
This is not a publicly owned company so he doesn't have to tell us anything. In fact he could close up shop tomorrow and we would get zero return.
On the plus side "two weeks"
2. Maybe he is already doing merged mining and wants to keep it for his retirement fund?
3. What ever he feels like to spend as this is his BTC.
This is not a publicly owned company so he doesn't have to tell us anything. In fact he could close up shop tomorrow and we would get zero return.
On the plus side "two weeks"
I'm mining, and I'm not mining in a pool I want to be in, but everything is hashing away as it should be. I'll let you guys know when LRM has found a permanent home. This pool does do NMC, but as for now I'm just letting it rack up... I haven't touched it yet and I don't know how long I'll be in this pool. Even though it's "my" BTC I'm also running this company because I love bitcoin and I love computer hardware. I'm not some greedy guy who's stashing away coins. A lot of coin and cash of my personal money is about to go into a project that will guarantee LRM is here to stay. Yes I could close up shop, but then I'd have a bunch of angry bitcoiners busting down my door and I would never be able to show my face in this community again (I like it here).
On the down side... The wonderful news is likely going to be 4 weeks before I can officially announce it, but hopefully I get the BFL Monarchs in before then.
December 03, 2013, 12:17:03 AM
I HAVE ALREADY ASKED, WILL ASK AGAIN:
1)On what pool LRM is currently mining
2)What about merged mining?
new questions:
To date LRM have paid about 830 btc.
That mean about 276,66 went to LRM(25%)
Currently it mean that around 250k USD have been gone just from dividends.
LabRat;
3) How much from this 250k will go to HW reinvestment?
1)On what pool LRM is currently mining
2)What about merged mining?
new questions:
To date LRM have paid about 830 btc.
That mean about 276,66 went to LRM(25%)
Currently it mean that around 250k USD have been gone just from dividends.
LabRat;
3) How much from this 250k will go to HW reinvestment?
lol
you must be new here
The first rule of LRM is you do not ask any questions of LRM!
This is not Fight Club, you can ask questions. I just may be a little too busy to answer at that exact moment. But I do have a very simple answer for this. Do you honestly believe a business owner would got months without using any of the funds they're bringing in... Those 276.66BTC aren't still sitting in my wallet or I'd have a little more to play with than I do at this moment.
Trust me though. I have very great plans for LRM.
Awesome LR! It will be a good Christmas!
December 03, 2013, 12:12:55 AM
Guy over on Reddit making it seen like he lost "everything" because of LRM and bitfunder.
http://www.reddit.com/r/Bitcoin/comments/1ryuf0/psa_dont_invest_more_than_you_can_afford_to_lose/
http://www.reddit.com/r/Bitcoin/comments/1ryuf0/psa_dont_invest_more_than_you_can_afford_to_lose/
I threw a comment in there to show I'm still working.
December 03, 2013, 12:09:23 AM
I HAVE ALREADY ASKED, WILL ASK AGAIN:
1)On what pool LRM is currently mining
2)What about merged mining?
new questions:
To date LRM have paid about 830 btc.
That mean about 276,66 went to LRM(25%)
Currently it mean that around 250k USD have been gone just from dividends.
LabRat;
3) How much from this 250k will go to HW reinvestment?
1)On what pool LRM is currently mining
2)What about merged mining?
new questions:
To date LRM have paid about 830 btc.
That mean about 276,66 went to LRM(25%)
Currently it mean that around 250k USD have been gone just from dividends.
LabRat;
3) How much from this 250k will go to HW reinvestment?
lol
you must be new here
The first rule of LRM is you do not ask any questions of LRM!
This is not Fight Club, you can ask questions. I just may be a little too busy to answer at that exact moment. But I do have a very simple answer for this. Do you honestly believe a business owner would got months without using any of the funds they're bringing in... Those 276.66BTC aren't still sitting in my wallet or I'd have a little more to play with than I do at this moment.
Trust me though. I have very great plans for LRM.
December 02, 2013, 11:33:29 PM
Guy over on Reddit making it seen like he lost "everything" because of LRM and bitfunder.
http://www.reddit.com/r/Bitcoin/comments/1ryuf0/psa_dont_invest_more_than_you_can_afford_to_lose/
http://www.reddit.com/r/Bitcoin/comments/1ryuf0/psa_dont_invest_more_than_you_can_afford_to_lose/
December 02, 2013, 08:48:39 PM
1. A private pool
2. Maybe he is already doing merged mining and wants to keep it for his retirement fund?
3. What ever he feels like to spend as this is his BTC.
This is not a publicly owned company so he doesn't have to tell us anything. In fact he could close up shop tomorrow and we would get zero return.
On the plus side "two weeks"
2. Maybe he is already doing merged mining and wants to keep it for his retirement fund?
3. What ever he feels like to spend as this is his BTC.
This is not a publicly owned company so he doesn't have to tell us anything. In fact he could close up shop tomorrow and we would get zero return.
On the plus side "two weeks"
December 02, 2013, 12:03:19 PM
I HAVE ALREADY ASKED, WILL ASK AGAIN:
1)On what pool LRM is currently mining
2)What about merged mining?
new questions:
To date LRM have paid about 830 btc.
That mean about 276,66 went to LRM(25%)
Currently it mean that around 250k USD have been gone just from dividends.
LabRat;
3) How much from this 250k will go to HW reinvestment?
1)On what pool LRM is currently mining
2)What about merged mining?
new questions:
To date LRM have paid about 830 btc.
That mean about 276,66 went to LRM(25%)
Currently it mean that around 250k USD have been gone just from dividends.
LabRat;
3) How much from this 250k will go to HW reinvestment?
lol
you must be new here
The first rule of LRM is you do not ask any questions of LRM!
December 02, 2013, 11:38:55 AM
Soooooooo... from this week on we'll be seeing the div's go up up and UP, right?
No !
Correct. One more week of ~5TH/s divs. Next Monday the new hardware starts mining for us, and we'll see that the following Saturday...
grnbrg.
December 02, 2013, 10:11:15 AM
Soooooooo... from this week on we'll be seeing the div's go up up and UP, right?
No !
YES YEs Yes yes ....
December 02, 2013, 09:17:04 AM
Soooooooo... from this week on we'll be seeing the div's go up up and UP, right?
No !
YES YEs Yes yes ....
December 02, 2013, 09:13:06 AM
Soooooooo... from this week on we'll be seeing the div's go up up and UP, right?
No !
December 02, 2013, 08:39:33 AM
Soooooooo... from this week on we'll be seeing the div's go up up and UP, right?
No !
December 02, 2013, 04:36:12 AM
Soooooooo... from this week on we'll be seeing the div's go up up and UP, right?
Jump to: