Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 169.

bittymitty

sr. member

Activity: 294

Merit: 250

Quote from: ||bit on November 26, 2013, 06:43:14 PM

Quote from: Lab_Rat on November 24, 2013, 04:55:26 PM

I have something very big in the works that would mean LRM is very sustainable. I can assure you of that.

You don't have to give details - perhaps you want to protect the sources or opportunity - but how big is very big?

Didn't he already say this was to do with free power in Iceland?

||bit

hero member

Activity: 924

Merit: 506

Quote from: Lab_Rat on November 24, 2013, 04:55:26 PM

I have something very big in the works that would mean LRM is very sustainable. I can assure you of that.

You don't have to give details - perhaps you want to protect the sources or opportunity - but how big is very big?

bittymitty

sr. member

Activity: 294

Merit: 250

Is anyone here still buying BTC with fiat at this rate?

rustyh17

full member

Activity: 213

Merit: 100

Quote from: BKM on November 26, 2013, 05:49:31 PM

Quote from: fractal02 on November 26, 2013, 03:42:02 PM

Not interested by the Neptune LabRat ?

Too many unknowns on time to market - especially since they held the line at the $3 per GH.

Never again will I be left in the position of wishing I had bought BTC instead of hardware. I'll leave the hardware purchasing and sustainability rubric associated with that to LR for now.

Preach it Brutha' BKM!

Hardware receipt dates and chasing difficulty both kill all likelihood of making a measured calculation of risk.
If you don't have large scale relationships with manufacturers, you have no business buying mining gear.
I believe that LRM is the closest thing I'll ever get to mining BTC again. I believe LRM has the contacts, the
relationships, and the buying power to stay ahead of the diff curve.

BKM

sr. member

Activity: 315

Merit: 250

Quote from: fractal02 on November 26, 2013, 03:42:02 PM

Not interested by the Neptune LabRat ?

Too many unknowns on time to market - especially since they held the line at the $3 per GH.

Never again will I be left in the position of wishing I had bought BTC instead of hardware. I'll leave the hardware purchasing and sustainability rubric associated with that to LR for now.

goddardnet

newbie

Activity: 49

Merit: 0

... or put it another way, 1 Neptune = 11 BTC. Not too shabby?

Payback in 10 days with difficulty at 1 400 000 000

goddardnet

newbie

Activity: 49

Merit: 0

BTC = $960 Mt GOX Shocked

Buy, Buy, Buy....

ksenter

member

Activity: 90

Merit: 10

Quote from: fractal02 on November 26, 2013, 03:20:49 PM

Quote from: M31 on November 26, 2013, 03:12:19 PM

Quote from: fractal02 on November 26, 2013, 01:28:14 PM

Order is open now for KNCminer Neptune ==> https://www.kncminer.com/products/neptune-first-batch

3 TH/s minimum - $ 9995 Shocked

The frustration!!! Oh man.. I can't use PayPal, and I have not enough coins! (..and their site says PayPal!)

grnbrg, you around? getting one? bkm?

Well...I'm a little bit like you...
But they are trusty so Bank wire (SEPA) for me is pretty quick here in Europe (2-3 days)

We can start a group buy at 2 Grin

Do you think they'll mine more bitcoins than it would cost to buy them? Serious question, I haven't done the research. I'm guessing you have...

Lab_Rat

hero member

Activity: 599

Merit: 502

Token/ICO management

Quote from: Mindsync Miner on November 26, 2013, 04:14:52 PM

Quote from: fractal02 on November 26, 2013, 01:28:14 PM

These aren't aimed toward your average individual... $10k buy in on 1 rig....

Is this code that it's aimed for... a mining farm? Our mining farm?

The timing of LR's big surprise and the KNC announcement on the same day springs all sorts of conspiracy-mongering to mind.
But correlation does not mean causation.

It may have been one of the things I knew was going to happen today, but the news I got on the other front may be a bust. Going to be another couple days to figure out what's going on, if we decide to go that route... I'm really hoping it works out though.

Mindsync Miner

member

Activity: 69

Merit: 10

An independent miner.

Quote from: fractal02 on November 26, 2013, 01:28:14 PM

These aren't aimed toward your average individual... $10k buy in on 1 rig....

Is this code that it's aimed for... a mining farm? Our mining farm?

The timing of LR's big surprise and the KNC announcement on the same day springs all sorts of conspiracy-mongering to mind.
But correlation does not mean causation.

fractal02

hero member

Activity: 504

Merit: 500

$Profile photo of fractal02$

Not interested by the Neptune LabRat ?

M31

full member

Activity: 139

Merit: 100

Quote from: Lab_Rat on November 26, 2013, 03:34:26 PM

Quote from: M31 on November 26, 2013, 03:12:19 PM

Quote from: fractal02 on November 26, 2013, 01:28:14 PM

Order is open now for KNCminer Neptune ==> https://www.kncminer.com/products/neptune-first-batch

3 TH/s minimum - $ 9995 Shocked

The frustration!!! Oh man.. I can't use PayPal, and I have not enough coins! (..and their site says PayPal!)

grnbrg, you around? getting one? bkm?

These aren't aimed toward your average individual... $10k buy in on 1 rig....

Hey hey! LR in da house!

Yeah, $10k is.. a great deal of $$ for something so far off.

How did things go for you today LR, or is the day still not over?

Lab_Rat

hero member

Activity: 599

Merit: 502

Token/ICO management

Quote from: M31 on November 26, 2013, 03:12:19 PM

Quote from: fractal02 on November 26, 2013, 01:28:14 PM

Order is open now for KNCminer Neptune ==> https://www.kncminer.com/products/neptune-first-batch

3 TH/s minimum - $ 9995 Shocked

The frustration!!! Oh man.. I can't use PayPal, and I have not enough coins! (..and their site says PayPal!)

grnbrg, you around? getting one? bkm?

These aren't aimed toward your average individual... $10k buy in on 1 rig....

fractal02

hero member

Activity: 504

Merit: 500

$Profile photo of fractal02$

Quote from: M31 on November 26, 2013, 03:12:19 PM

Quote from: fractal02 on November 26, 2013, 01:28:14 PM

Order is open now for KNCminer Neptune ==> https://www.kncminer.com/products/neptune-first-batch

3 TH/s minimum - $ 9995 Shocked

The frustration!!! Oh man.. I can't use PayPal, and I have not enough coins! (..and their site says PayPal!)

grnbrg, you around? getting one? bkm?

Well...I'm a little bit like you...
But they are trusty so Bank wire (SEPA) for me is pretty quick here in Europe (2-3 days)

We can start a group buy at 2 Grin

M31

full member

Activity: 139

Merit: 100

Quote from: fractal02 on November 26, 2013, 01:28:14 PM

Order is open now for KNCminer Neptune ==> https://www.kncminer.com/products/neptune-first-batch

3 TH/s minimum - $ 9995 Shocked

The frustration!!! Oh man.. I can't use PayPal, and I have not enough coins! (..and their site says PayPal!)

grnbrg, you around? getting one? bkm?

fractal02

hero member

Activity: 504

Merit: 500

$Profile photo of fractal02$

Order is open now for KNCminer Neptune ==> https://www.kncminer.com/products/neptune-first-batch

3 TH/s minimum - $ 9995 Shocked

Flashman

hero member

Activity: 518

Merit: 500

Hodl!

Quote from: Lab_Rat on November 25, 2013, 10:59:11 PM

A 4x4 with slits cut in it every so often to slip the unused pcie tabs into and a USB hub are much cheaper and easier to manage than a whole load of MB's with a full comp setup for every 4 "BPUs". But I can think of better ways to do it that aren't rigged so cheaply... Trust me... I can run every one I receive and then some...

Here, I've got a load of old dead motherboards, I'd be thinking of using those as mechanical support. Maybe even sawn up so there's just bunches of slots. Might need to use a "condom" over the PCIe pins on the monarchs though, just so nothing shorts. Likely I'm not going to have enough of them to worry about it... unless it's in a couple of years time when I pick them up for $50 a pop.

BKM

sr. member

Activity: 315

Merit: 250

Quote from: Lab_Rat on November 25, 2013, 10:59:11 PM

Quote from: Bargraphics on November 25, 2013, 07:17:23 PM

Quote from: BKM on November 25, 2013, 06:59:37 PM

Quote from: Lab_Rat on November 25, 2013, 03:14:50 PM

I never 100% confirmed with BFL what "place in line" I hold, but when asked at a bitcoin conference where I am in line by one of my bondholder's they stated I'd be first delivery (other than James Gibson I'm sure Tongue

)

I am going to get in contact with Dave at BFL and set up a meeting with them in the next couple weeks. I'll be flying out there to check on progress and hope for the best.

Today may seem like a big day (hardware mining "officially" begins) but I'll tell you tomorrow is far more important. Wish us luck.

Not sure if you have a solution for the backplane (MB) for the monarchs but it looks like ASROCK has come up with one http://www.asrock.com/news/index.asp?cat=News&ID=1765. Mind you - from what I recall you had a few GPU units running before!

I believe monarchs will be via USB as well if I recall correctly so no need for a backplane, just hang them and get a hub! Cheesy

Edit:

Quote

USB 2.0 - Monarch cards can be used as an external computer peripheral and chained via USB hub. In this mode the Bitcoin Mining Hardware can be controlled via an Android host or standard Linux or Windows computer.

https://products.butterflylabs.com/600-gh-bitcoin-mining-card.html

A 4x4 with slits cut in it every so often to slip the unused pcie tabs into and a USB hub are much cheaper and easier to manage than a whole load of MB's with a full comp setup for every 4 "BPUs". But I can think of better ways to do it that aren't rigged so cheaply... Trust me... I can run every one I receive and then some...

I guess I should have read a little more but I basically make a habit of not going to the BFL website at all Grin

Lab_Rat

hero member

Activity: 599

Merit: 502

Token/ICO management

Quote from: Bargraphics on November 25, 2013, 07:17:23 PM

Quote from: BKM on November 25, 2013, 06:59:37 PM

Quote from: Lab_Rat on November 25, 2013, 03:14:50 PM

I never 100% confirmed with BFL what "place in line" I hold, but when asked at a bitcoin conference where I am in line by one of my bondholder's they stated I'd be first delivery (other than James Gibson I'm sure Tongue

)

I am going to get in contact with Dave at BFL and set up a meeting with them in the next couple weeks. I'll be flying out there to check on progress and hope for the best.

Today may seem like a big day (hardware mining "officially" begins) but I'll tell you tomorrow is far more important. Wish us luck.

Not sure if you have a solution for the backplane (MB) for the monarchs but it looks like ASROCK has come up with one http://www.asrock.com/news/index.asp?cat=News&ID=1765. Mind you - from what I recall you had a few GPU units running before!

I believe monarchs will be via USB as well if I recall correctly so no need for a backplane, just hang them and get a hub! Cheesy

Edit:

Quote

USB 2.0 - Monarch cards can be used as an external computer peripheral and chained via USB hub. In this mode the Bitcoin Mining Hardware can be controlled via an Android host or standard Linux or Windows computer.

https://products.butterflylabs.com/600-gh-bitcoin-mining-card.html

A 4x4 with slits cut in it every so often to slip the unused pcie tabs into and a USB hub are much cheaper and easier to manage than a whole load of MB's with a full comp setup for every 4 "BPUs". But I can think of better ways to do it that aren't rigged so cheaply... Trust me... I can run every one I receive and then some...

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

Quote from: BKM on November 25, 2013, 06:59:37 PM

Quote from: Lab_Rat on November 25, 2013, 03:14:50 PM

I never 100% confirmed with BFL what "place in line" I hold, but when asked at a bitcoin conference where I am in line by one of my bondholder's they stated I'd be first delivery (other than James Gibson I'm sure Tongue

)

I am going to get in contact with Dave at BFL and set up a meeting with them in the next couple weeks. I'll be flying out there to check on progress and hope for the best.

Today may seem like a big day (hardware mining "officially" begins) but I'll tell you tomorrow is far more important. Wish us luck.

Not sure if you have a solution for the backplane (MB) for the monarchs but it looks like ASROCK has come up with one http://www.asrock.com/news/index.asp?cat=News&ID=1765. Mind you - from what I recall you had a few GPU units running before!

I believe monarchs will be via USB as well if I recall correctly so no need for a backplane, just hang them and get a hub! Cheesy

Edit:

Quote

USB 2.0 - Monarch cards can be used as an external computer peripheral and chained via USB hub. In this mode the Bitcoin Mining Hardware can be controlled via an Android host or standard Linux or Windows computer.

https://products.butterflylabs.com/600-gh-bitcoin-mining-card.html

Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 169. (Read 452224 times)