I realize that we will be getting around 5ths for the next 2 weeks, but im assuming that the revenue that has been mined (since LRM started getting machines around 2-3 weeks ago) all of it will be going towards new equipment, not just the two weeks starting monday..
LR, could you clarify how many coins that are "extra" from the time you started receiving the non dividend equipment up until this monday? I hope i made sense. Im assuming that those coins are going towards new equipment.
Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 172. (Read 452224 times)
November 23, 2013, 09:39:24 PM
November 23, 2013, 09:32:00 PM
No dividends for those 15-20th.
Yes dividends from what its running already, about 5.25.
Yes dividends from what its running already, about 5.25.
Ok, thanks for clarifying.
November 23, 2013, 09:27:26 PM
No dividends for those 15-20th.
Yes dividends from what its running already, about 5.25.
Yes dividends from what its running already, about 5.25.
November 23, 2013, 09:26:30 PM
The "14 days period" is 15-20TH of equipment mining towards a fund for new hardware for 14 days.
Ok, so no dividends for the 14 days to build the fund?
November 23, 2013, 09:24:21 PM
The "14 days period" is 15-20TH of equipment mining towards a fund for new hardware for 14 days.
November 23, 2013, 09:17:46 PM
Sorry for the question, but what is the 14 days that starts on Monday?
What is this about?
Thanks
What is this about?
Thanks
Everything is here : http://www.labratmining.com/
Yes, I read that, and the last few pages. There is reference to 'the 14 day period'. But what about it?
From the site:
- This massive amount of equipment ... is now all online and will begin the 14 day period on Monday
- There will be a substantial amount of BTC to invest after this 14 day period is over
Do you see any explanation of what "this 14 day" period is about.
November 23, 2013, 08:16:50 PM
Sorry for the question, but what is the 14 days that starts on Monday?
What is this about?
Thanks
What is this about?
Thanks
Everything is here : http://www.labratmining.com/
November 23, 2013, 08:10:11 PM
Sorry for the question, but what is the 14 days that starts on Monday?
What is this about?
Thanks
What is this about?
Thanks
November 23, 2013, 06:32:41 PM
So, the after December 8th dividends. I suppose you might see two more difficulties increase by the time said dividends reach the bond holders. Let's say that equates to 45% increase in difficulty. Hashrate delivered to bond holders will be ~500% of present rate. Applying the difficulty increase, 500% / 1.45 = 245% improvement in dividends. Not what I'd personally call skyrocketing, but certainly seems like it should be better than anything delivered to date. At least it will be nearing some kind of cruising altitude. Whatever hardware is bought with the two weeks snatch (actually it will average longer than two weeks if you want to be technical) will be interesting.
November 23, 2013, 06:12:57 PM
I believe I've updated the entire website. Please kindly let me know if I missed something stupid... I'll fix it immediately.
Could please tell us from whom are you going to buy future hardware from , bitfury is good but their shipment delays to us have cost us dear , how about picking-up 2nd hand KNC gear from people bailing out of mining.
At this time it is undecided, but I'm in contact with multiple suppliers.
Other than Bitfury & BFl gear , have you made any pre-order deals with any other manufacturers ie. cointera , hashfast , I would also request you to please look into Vitrual Mining corp, you could probably have a word with VMC CEO Ken slaughter on this forum to see if you can make a deal work with them because I believe VMC has got prototype chip in hand already hashing.
VMC ?!?
Are you insane...we already lose time and money, buying vaporware doesn't help...
Second hand KNC ?
Overpriced...LRM miss the boat...end of line.
For the moment Cointerra and/or maybee Clam ( https://bitcointalksearch.org/topic/55nm-clam-asic-test-results-343856 ) can be a good choice.
LOL 55nm & i am Insane , sure bro
At some point LRM will have to sell gear which doesnt cut it any more , 55nm doesnt bode well.
If he finds cheap enough electricity, it would work. I've heard about a location where it costs about one and half cent per kilowatt. That would mean a 55nm option would surpass 28nm in overall cost and delivery time.
Besides, as LR noted, Bitfury 55nm can compete with 28nm on power efficiency. Maybe, Bitfury will consume only 50% to 100% more power - which is not too bad - unlike something like Butterfly Labs 65nm which will be many times more power hungry. I've also read somewhere that the Bitfury's can even be optimized further by clocking them with external clocks - something like that.
November 23, 2013, 06:10:06 PM
did i see that right? is there a bond holder that received 7 coins?
No there wasn't it included the return address in there. blockchain does that every once in a while.
If you have an address A:
- B sends 2BTC to A
- C sends 2BTC to A
- D sends 2BTC to A
Address A now has a balance of 6BTC.
If A now sends 5BTC to E, the transaction has inputs of
- 2BTC from A (from tx B)
- 2BTC from A (from tx C)
- 2BTC from A (from tx D)
and outputs of
- 5BTC to E
- 1BTC to A (Or, depending on the wallet client, "change address" F)
grnbrg.
November 23, 2013, 06:07:35 PM
Anyone want to wildly guess divs per share for 12/14/13 ?
I love guessing. We have two difficulty adjustments between now and then which we don't know for sure when exactly they happen. I figure roughly minus 20% total. Plus 5 days at 7x our current hashrate. I think it would be best to apply that estimate to today's dividend. I'm not sure using the last div as a basis is accurate since I think it included the accrued of the unclaimed? So... using two weeks ago of 0.000557995, today might be around .00047?
((.00047 * 0.80)*(2/7 of a week))+((.00047*0.80)*7x hashrate*(5/7 of a week))
Maybe 0.001987?
Okay... so .00047 was probably fairly accurate minus the bad luck. However, I must revise due to a stray word in a very important place
It was interpreted as we'd end up with 35 TH/s this round of hardware not 25 TH/s so looks like we'll see around 0.001397. Less, but still nice. Time will tell 
Glad to see the Lab_Rat droppings show up in the wallet today. (Are we the only ones that call the dividends that?)
November 23, 2013, 06:02:50 PM
did i see that right? is there a bond holder that received 7 coins?
No there wasn't it included the return address in there. blockchain does that every once in a while.
November 23, 2013, 05:21:52 PM
Fellow LabRatonians,
Updated analysis spreadsheet for 11/23/13 report:
https://drive.google.com/folderview?id=0Bw3222MuvkMCMmI0TFFFNXUybUk&usp=sharing
Summary:
1. DivROI = 10.76% to date <---- this is based on 0.15 BTC/share price
2. Current total has MH/sh = 93.5 <---- we get 75% of this (please note that this does not account for bad luck)
3. Current total GH/s = 5,185.92 <---- this is a time averaged, no variance, rough value (we get 75% of this)
4. The Difficulty projections are based on http://bitcoinwisdom.com/bitcoin/difficulty
5. $/BTC is based on blockchain.info chart data.
6. 08/24/13 GH/s hash rate jump was not real, rather based on accidently paying double dividends.
7. DivROI shown is cumulative week to week.
Updated analysis spreadsheet for 11/23/13 report:
https://drive.google.com/folderview?id=0Bw3222MuvkMCMmI0TFFFNXUybUk&usp=sharing
Summary:
1. DivROI = 10.76% to date <---- this is based on 0.15 BTC/share price
2. Current total has MH/sh = 93.5 <---- we get 75% of this (please note that this does not account for bad luck)
3. Current total GH/s = 5,185.92 <---- this is a time averaged, no variance, rough value (we get 75% of this)
4. The Difficulty projections are based on http://bitcoinwisdom.com/bitcoin/difficulty
5. $/BTC is based on blockchain.info chart data.
6. 08/24/13 GH/s hash rate jump was not real, rather based on accidently paying double dividends.
7. DivROI shown is cumulative week to week.
November 23, 2013, 05:21:42 PM
Thanks for the update Lab_rat , I hope your able to add more hardware sooner & at more frequent rate
November 23, 2013, 04:59:45 PM
did i see that right? is there a bond holder that received 7 coins?
November 23, 2013, 04:54:22 PM
If my records are correct... LRM has now paid out BTC808.91411207 to bondholders. Lets have a party when it breaks 1000?
November 23, 2013, 04:49:23 PM
OUCH!!! I hope this is the calm before the storm.... I figured we would be low, but wow, that was low.. (dividends, i mean)
The next two weeks should be even lower.
But the week after that should be nice!
November 23, 2013, 04:45:26 PM
OUCH!!! I hope this is the calm before the storm.... I figured we would be low, but wow, that was low.. (dividends, i mean)
November 23, 2013, 04:36:52 PM
0.00037
correct?
correct?
My math says 0.000404983BTC/bond.
grnbrg.
grnbrg hits it perfect every week... Sorry M31... you lowballed it.
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