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?
Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 166. (Read 452224 times)
December 01, 2013, 09:47:23 AM
December 01, 2013, 05:00:54 AM
CEX has 0% pool fees (for now) and you can point your own hardware there?
Produces BTC, NMC, IXC and DVC for the same effort.
Alt coins can be converted to BTC via Cryptsy?
Produces BTC, NMC, IXC and DVC for the same effort.
Alt coins can be converted to BTC via Cryptsy?
December 01, 2013, 04:02:25 AM
Also worth noting is that for merged mining, the pool needs to be modified to support it. The pool operator may not be interested in doing so.
grnbrg.
grnbrg.
Solution would be to find another pool.
November 30, 2013, 10:59:37 PM
Also worth noting is that for merged mining, the pool needs to be modified to support it. The pool operator may not be interested in doing so.
grnbrg.
Quite aware of that. But what pool is he mining at? Because he's not on James' anymore. grnbrg.
November 30, 2013, 08:36:21 PM
Also worth noting is that for merged mining, the pool needs to be modified to support it. The pool operator may not be interested in doing so.
grnbrg.
grnbrg.
So find one that does...
Or set up p2pool and do it yourself...
November 30, 2013, 08:07:37 PM
Also worth noting is that for merged mining, the pool needs to be modified to support it. The pool operator may not be interested in doing so.
grnbrg.
grnbrg.
November 30, 2013, 07:59:07 PM
I find the merged mining coin (Namecoin) a great idea.
Why ?
Simply because at 25 TH/s merged mining NMC can weekly bring ~ 3.81BTC (~ 4,405 $).
This can literally bring almost a Cointerra Miner per Week to LRM in addition to the already reinvestment plan in place.
A very good income for reinvestment or LRM operating load.
Why ?
Simply because at 25 TH/s merged mining NMC can weekly bring ~ 3.81BTC (~ 4,405 $).
This can literally bring almost a Cointerra Miner per Week to LRM in addition to the already reinvestment plan in place.
A very good income for reinvestment or LRM operating load.
Agree. But I've made this suggestion to LR long ago to no avail.
"Give to Caesar what belongs to Caesar"
It's a GREAT idea, your idea.
Isn't Namecoin kind of dead for now? I thought they need to fix a major bug or something.
I don't know about any bug with it. IT uses the same software as bitcoin. And if I'm not mistaken, it's still one of the top four crypto-currencies by market capital. And for LR purposes, he can immediately trade them for bitcoins to pay out the dividends they represent.
I feel any manager at a company would jump all over an opportunity to increase yield by 2% to 3%. In many mining pools it's as simple as enabling a check box and adding your NMC payout address!
Why LR doesn't want to is beyond me.
Slush does not have that checkbox no more and i think its because of this:
http://www.coindesk.com/namecoin-flaw-patch-needed/
November 30, 2013, 07:29:15 PM
I find the merged mining coin (Namecoin) a great idea.
Why ?
Simply because at 25 TH/s merged mining NMC can weekly bring ~ 3.81BTC (~ 4,405 $).
This can literally bring almost a Cointerra Miner per Week to LRM in addition to the already reinvestment plan in place.
A very good income for reinvestment or LRM operating load.
Why ?
Simply because at 25 TH/s merged mining NMC can weekly bring ~ 3.81BTC (~ 4,405 $).
This can literally bring almost a Cointerra Miner per Week to LRM in addition to the already reinvestment plan in place.
A very good income for reinvestment or LRM operating load.
Agree. But I've made this suggestion to LR long ago to no avail.
"Give to Caesar what belongs to Caesar"
It's a GREAT idea, your idea.
Isn't Namecoin kind of dead for now? I thought they need to fix a major bug or something.
I don't know about any bug with it. IT uses the same software as bitcoin. And if I'm not mistaken, it's still one of the top four crypto-currencies by market capital. And for LR purposes, he can immediately trade them for bitcoins to pay out the dividends they represent.
I feel any manager at a company would jump all over an opportunity to increase yield by 2% to 3%. In many mining pools it's as simple as enabling a check box and adding your NMC payout address!
Why LR doesn't want to is beyond me.
November 30, 2013, 05:41:37 PM
Someone actually came up with an interesting idea that I kind of like.
Please be merged mining.I think the idea was the next sentence...
Lets put odds on different companies just to see where the public rates all of the "pre-order" projects that are going on right now.
November 30, 2013, 05:02:53 PM
Someone actually came up with an interesting idea that I kind of like.
Please be merged mining. November 30, 2013, 03:46:56 PM
Divs paid!
LR I have a question to pose... have you seen the Black Arrow Minion chips? Have you seen the MrTeal Chili miner based on BFL chips?
The US re-seller has a thread up today about getting people in line now for Minions... just spoke with him and got in line for 8 chips but he is not requiring the 20% yet.
Chips are due in Feb 24... and I have asked MrTeal (designer of the Chili BFL miner) if he is interested in designing for this... he seems like he might do so.
Chips are suppose to do 96GH/s minimum as spec'd, with a possible 115GH/s OC'd within reason and a top out of 128GH/s but with lots more power draw. Depending on MrTeal picking up the board project and how he plans to lay out the chips... that could be a 1 TH board... his 8 chip BFL Chilis are pushing 40 GH/s with proper fan/heatsink cooling. I can only assume his solution for an 8 chip minion would be able to handle 1 TH/s if cooled properly.
An 8 chip minion could possibly run about $2000 if MrTeal has the same turn around as the Chili boards. I do not know for sure if that will be the final cost... all I know is Minions are $199 each from the re-seller plus 5% handling, and the Chili cost $350 + shipping to populate with your own chips.
LR I have a question to pose... have you seen the Black Arrow Minion chips? Have you seen the MrTeal Chili miner based on BFL chips?
The US re-seller has a thread up today about getting people in line now for Minions... just spoke with him and got in line for 8 chips but he is not requiring the 20% yet.
Chips are due in Feb 24... and I have asked MrTeal (designer of the Chili BFL miner) if he is interested in designing for this... he seems like he might do so.
Chips are suppose to do 96GH/s minimum as spec'd, with a possible 115GH/s OC'd within reason and a top out of 128GH/s but with lots more power draw. Depending on MrTeal picking up the board project and how he plans to lay out the chips... that could be a 1 TH board... his 8 chip BFL Chilis are pushing 40 GH/s with proper fan/heatsink cooling. I can only assume his solution for an 8 chip minion would be able to handle 1 TH/s if cooled properly.
An 8 chip minion could possibly run about $2000 if MrTeal has the same turn around as the Chili boards. I do not know for sure if that will be the final cost... all I know is Minions are $199 each from the re-seller plus 5% handling, and the Chili cost $350 + shipping to populate with your own chips.
Yes I know MrTeal, and yes I know of Black Arrow, but when you're managing money of your own it's slightly different than yours and 350+ other people. There is a certain amount of risk you have to be willing to take, but manage risk and reward appropriately and don't throw tens or hundreds of thousands at every project that someone starts up. I believe I've found a solution to all of LRMs hardware acquisition problems.
Someone actually came up with an interesting idea that I kind of like. Lets put odds on different companies just to see where the public rates all of the "pre-order" projects that are going on right now.
November 30, 2013, 03:36:31 PM
Divs paid!
LR I have a question to pose... have you seen the Black Arrow Minion chips? Have you seen the MrTeal Chili miner based on BFL chips?
The US re-seller has a thread up today about getting people in line now for Minions... just spoke with him and got in line for 8 chips but he is not requiring the 20% yet.
Chips are due in Feb 24... and I have asked MrTeal (designer of the Chili BFL miner) if he is interested in designing for this... he seems like he might do so.
Chips are suppose to do 96GH/s minimum as spec'd, with a possible 115GH/s OC'd within reason and a top out of 128GH/s but with lots more power draw. Depending on MrTeal picking up the board project and how he plans to lay out the chips... that could be a 1 TH board... his 8 chip BFL Chilis are pushing 40 GH/s with proper fan/heatsink cooling. I can only assume his solution for an 8 chip minion would be able to handle 1 TH/s if cooled properly.
An 8 chip minion could possibly run about $2000 if MrTeal has the same turn around as the Chili boards. I do not know for sure if that will be the final cost... all I know is Minions are $199 each from the re-seller plus 5% handling, and the Chili cost $350 + shipping to populate with your own chips.
LR I have a question to pose... have you seen the Black Arrow Minion chips? Have you seen the MrTeal Chili miner based on BFL chips?
The US re-seller has a thread up today about getting people in line now for Minions... just spoke with him and got in line for 8 chips but he is not requiring the 20% yet.
Chips are due in Feb 24... and I have asked MrTeal (designer of the Chili BFL miner) if he is interested in designing for this... he seems like he might do so.
Chips are suppose to do 96GH/s minimum as spec'd, with a possible 115GH/s OC'd within reason and a top out of 128GH/s but with lots more power draw. Depending on MrTeal picking up the board project and how he plans to lay out the chips... that could be a 1 TH board... his 8 chip BFL Chilis are pushing 40 GH/s with proper fan/heatsink cooling. I can only assume his solution for an 8 chip minion would be able to handle 1 TH/s if cooled properly.
An 8 chip minion could possibly run about $2000 if MrTeal has the same turn around as the Chili boards. I do not know for sure if that will be the final cost... all I know is Minions are $199 each from the re-seller plus 5% handling, and the Chili cost $350 + shipping to populate with your own chips.
November 30, 2013, 03:31:22 PM
grnbrg is sort of AFKing it today so I'll post the dividend info.
Mined: BTC29.21108482
Payout: BTC21.90831362
Per Bond: BTC0.00039411
LRM Payout to date
---------------------
Total: BTC830.82242567
Per Bond: BTC0.01653251
I'm really looking forward to 12/8 as it will mean a lot of great things for the company (let alone a little pay bump for me
)
I received good news yesterday regarding the same subject I was speaking on last week (the not so good news I received)
It appears the project I'm getting involved with is going to move forward. I will not be able to give any details on this until I know specifics which could be a little ways down the road (no Two More Weeks jokes here please...). I just want everyone to know that big things are happening behind the scenes and I don't believe I've let you guys down in the past. You're just going to have to trust me on this one.
Mined: BTC29.21108482
Payout: BTC21.90831362
Per Bond: BTC0.00039411
LRM Payout to date
---------------------
Total: BTC830.82242567
Per Bond: BTC0.01653251
I'm really looking forward to 12/8 as it will mean a lot of great things for the company (let alone a little pay bump for me
)I received good news yesterday regarding the same subject I was speaking on last week (the not so good news I received)
It appears the project I'm getting involved with is going to move forward. I will not be able to give any details on this until I know specifics which could be a little ways down the road (no Two More Weeks jokes here please...). I just want everyone to know that big things are happening behind the scenes and I don't believe I've let you guys down in the past. You're just going to have to trust me on this one.
November 30, 2013, 02:18:31 PM
Great news everyone! It's dividend day!
Seems kinda quiet around here for dividend day...
This is a forum... Text isn't exactly loud...
*Test-to-speech enabled*
ahh, better
LR!! Top o' the mornin' to ya! (well, afternoon where you are)
Ya, it's now 2:18, finishing my last minute updates to the spreadsheet before divs get paid out.
November 30, 2013, 02:12:26 PM
Great news everyone! It's dividend day!
Seems kinda quiet around here for dividend day...
This is a forum... Text isn't exactly loud...
*Text-to-speech enabled*
ahh, better
LR!! Top o' the mornin' to ya! (well, afternoon where you are)
November 30, 2013, 02:11:13 PM
Great news everyone! It's dividend day!
Seems kinda quiet around here for dividend day...
This is a forum... Text isn't exactly loud...
WHAT IF I TYPE LIKE THIS, DOES THAT HELP?
November 30, 2013, 02:08:25 PM
Great news everyone! It's dividend day!
Seems kinda quiet around here for dividend day...
This is a forum... Text isn't exactly loud...
November 30, 2013, 02:03:37 PM
Great news everyone! It's dividend day!
Seems kinda quiet around here for dividend day...
November 30, 2013, 12:58:37 PM
I find the merged mining coin (Namecoin) a great idea.
Why ?
Simply because at 25 TH/s merged mining NMC can weekly bring ~ 3.81BTC (~ 4,405 $).
This can literally bring almost a Cointerra Miner per Week to LRM in addition to the already reinvestment plan in place.
A very good income for reinvestment or LRM operating load.
Why ?
Simply because at 25 TH/s merged mining NMC can weekly bring ~ 3.81BTC (~ 4,405 $).
This can literally bring almost a Cointerra Miner per Week to LRM in addition to the already reinvestment plan in place.
A very good income for reinvestment or LRM operating load.
Agree. But I've made this suggestion to LR long ago to no avail.
"Give to Caesar what belongs to Caesar"
It's a GREAT idea, your idea.
Isn't Namecoin kind of dead for now? I thought they need to fix a major bug or something.
November 30, 2013, 12:29:21 PM
I find the merged mining coin (Namecoin) a great idea.
Why ?
Simply because at 25 TH/s merged mining NMC can weekly bring ~ 3.81BTC (~ 4,405 $).
This can literally bring almost a Cointerra Miner per Week to LRM in addition to the already reinvestment plan in place.
A very good income for reinvestment or LRM operating load.
Why ?
Simply because at 25 TH/s merged mining NMC can weekly bring ~ 3.81BTC (~ 4,405 $).
This can literally bring almost a Cointerra Miner per Week to LRM in addition to the already reinvestment plan in place.
A very good income for reinvestment or LRM operating load.
Agree. But I've made this suggestion to LR long ago to no avail.
"Give to Caesar what belongs to Caesar"
It's a GREAT idea, your idea.
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