Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 174. (Read 452224 times)
November 23, 2013, 02:05:52 PM
As a miner lucky enough to have bet on KnC, I can bet that very few KnC customers are "bailing out of mining."
November 23, 2013, 02:03:29 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.
November 23, 2013, 02:01:14 PM
I believe I've updated the entire website. Please kindly let me know if I missed something stupid... I'll fix it immediately.
November 23, 2013, 01:59:50 PM
Looks like a few over 20 BTC for this week !
Correct me if I am wrong (please..)
Correct me if I am wrong (please..)
No correction to be made unfortunately...
Things will skyrocket 12/8-12/14 though. November 23, 2013, 01:58:11 PM
What does "From then on out I will be putting a decent amount into reinvestment" mean exactly?
+1
Does this mean the dividends will be less than 75% after the 14 days are over? Or that a larger proportion of LR's 25% will go to reinvestment?
He needs to take time every saturday to post himself the results in detail of every week! and the hardware changes as well! 1 day a week, 10 mins?
I guess its not that much to ask!
I guess its not that much to ask!
Another +1
I appreciate the hard work LR has been putting in. After investing in multiple mining-related ventures, I can safely say few have proven as competent and reliable as LR. But surely, it can't be that hard to provide a little more transparency.
Clarifying that I will be putting up a decent amount for reinvestment*** It will be coming out of LRM's 25%
As per pool luck... Go there and view the charts... Yesterday was good, but the majority of the week was bad.
I am actually curious as to how others on BitFunder/BTCT.co handled getting booted... From what I heard a lot just looked for a cheap buyout of their bond/share/contract holders and jumped ship.
November 23, 2013, 01:37:54 PM
What does "From then on out I will be putting a decent amount into reinvestment" mean exactly?
+1
Does this mean the dividends will be less than 75% after the 14 days are over? Or that a larger proportion of LR's 25% will go to reinvestment?
He needs to take time every saturday to post himself the results in detail of every week! and the hardware changes as well! 1 day a week, 10 mins?
I guess its not that much to ask!
I guess its not that much to ask!
Another +1
I appreciate the hard work LR has been putting in. After investing in multiple mining-related ventures, I can safely say few have proven as competent and reliable as LR. But surely, it can't be that hard to provide a little more transparency.
November 23, 2013, 01:33:54 PM
Looks like a few over 20 BTC for this week !
Correct me if I am wrong (please..)
Correct me if I am wrong (please..)
November 23, 2013, 01:33:40 PM
I just realized in my quick typing I said "another 17TH" when I meant up to 17TH.
We currently have 21TH up, another 2 I just got in from Dave and a couple TH in BFL gear I'm moving.
Should total ~25TH of which all but 5.25-5.5TH will be mining for hardware. The 14 days will begin Monday as I will have everything settled in and running smooth.
12/8 will be the last day of mining for hardware with the newly acquired bunch. From then on out I will be putting a decent amount into reinvestment. I am looking for the absolute best reinvestment opportunity at the time being as we will have accrued a decent amount of coin from this period. I will also likely be putting in some personal coin and cash to increase the purchasing power of the company.
I am going to work a lot today to get everything updated, but to start. Here's the updated list: https://drive.google.com/folderview?id=0BwZCh0jtSZkwQXhYSVhzaWZUcmc&usp=sharing
We currently have 21TH up, another 2 I just got in from Dave and a couple TH in BFL gear I'm moving.
Should total ~25TH of which all but 5.25-5.5TH will be mining for hardware. The 14 days will begin Monday as I will have everything settled in and running smooth.
12/8 will be the last day of mining for hardware with the newly acquired bunch. From then on out I will be putting a decent amount into reinvestment. I am looking for the absolute best reinvestment opportunity at the time being as we will have accrued a decent amount of coin from this period. I will also likely be putting in some personal coin and cash to increase the purchasing power of the company.
I am going to work a lot today to get everything updated, but to start. Here's the updated list: https://drive.google.com/folderview?id=0BwZCh0jtSZkwQXhYSVhzaWZUcmc&usp=sharing
Thanks LR! ..especially for applying some extra purchasing power with your own loot! That 100TH number you mentioned is certainly a great goal to shoot for...
I'm looking forward very much to 12/9, and what it looks like to have all the power pointed directly at us. Having 21TH right now is awesome - have you done all the calculations as to how much that's made so far since you started setting up the new hardware as it came in? (so, how much we already have in the hardware bank?). I'm guessing that's part of what you'll be posting today, and certainly a mob-pleasing bit of info though not necessary by any means as undoubtedly some mob-factions would want to micromanage things if they had more information.
Keep up the good work, but please don't spontaneously combust from overdoing it!
November 23, 2013, 01:13:23 PM
https://www.youtube.com/watch?v=P_2PEtt77Ps
Got a note from Lab_Rat that pool luck was crappy this week. Dividends are going to be less pretty than expected.
grnbrg.
Proof please (pool results)...
November 23, 2013, 01:12:59 PM
He needs to take time every saturday to post himself the results in detail of every week! and the hardware changes as well! 1 day a week, 10 mins?
I guess its not that much to ask!
I guess its not that much to ask!
November 23, 2013, 01:08:17 PM
https://www.youtube.com/watch?v=P_2PEtt77Ps
Got a note from Lab_Rat that pool luck was crappy this week. Dividends are going to be less pretty than expected.
grnbrg.
November 23, 2013, 01:05:30 PM
I just realized in my quick typing I said "another 17TH" when I meant up to 17TH.
We currently have 21TH up, another 2 I just got in from Dave and a couple TH in BFL gear I'm moving.
Should total ~25TH of which all but 5.25-5.5TH will be mining for hardware. The 14 days will begin Monday as I will have everything settled in and running smooth.
12/8 will be the last day of mining for hardware with the newly acquired bunch. From then on out I will be putting a decent amount into reinvestment. I am looking for the absolute best reinvestment opportunity at the time being as we will have accrued a decent amount of coin from this period. I will also likely be putting in some personal coin and cash to increase the purchasing power of the company.
I am going to work a lot today to get everything updated, but to start. Here's the updated list: https://drive.google.com/folderview?id=0BwZCh0jtSZkwQXhYSVhzaWZUcmc&usp=sharing
We currently have 21TH up, another 2 I just got in from Dave and a couple TH in BFL gear I'm moving.
Should total ~25TH of which all but 5.25-5.5TH will be mining for hardware. The 14 days will begin Monday as I will have everything settled in and running smooth.
12/8 will be the last day of mining for hardware with the newly acquired bunch. From then on out I will be putting a decent amount into reinvestment. I am looking for the absolute best reinvestment opportunity at the time being as we will have accrued a decent amount of coin from this period. I will also likely be putting in some personal coin and cash to increase the purchasing power of the company.
I am going to work a lot today to get everything updated, but to start. Here's the updated list: https://drive.google.com/folderview?id=0BwZCh0jtSZkwQXhYSVhzaWZUcmc&usp=sharing
What does "From then on out I will be putting a decent amount into reinvestment" mean exactly?
November 23, 2013, 12:48:16 PM
If the 2 weeks start monday then we should have quite a bit of coins. If I remember correctly, the machines started to come in a couple weeks ago. Sounds like we will be in good shape...
November 23, 2013, 12:30:16 PM
Lab_rat , could you please share with us financial reports of LRM from day 1 as to bring more clarity to this whole project.
November 23, 2013, 12:18:35 PM
I just realized in my quick typing I said "another 17TH" when I meant up to 17TH.
We currently have 21TH up, another 2 I just got in from Dave and a couple TH in BFL gear I'm moving.
Should total ~25TH of which all but 5.25-5.5TH will be mining for hardware. The 14 days will begin Monday as I will have everything settled in and running smooth.
12/8 will be the last day of mining for hardware with the newly acquired bunch. From then on out I will be putting a decent amount into reinvestment. I am looking for the absolute best reinvestment opportunity at the time being as we will have accrued a decent amount of coin from this period. I will also likely be putting in some personal coin and cash to increase the purchasing power of the company.
I am going to work a lot today to get everything updated, but to start. Here's the updated list: https://drive.google.com/folderview?id=0BwZCh0jtSZkwQXhYSVhzaWZUcmc&usp=sharing
We currently have 21TH up, another 2 I just got in from Dave and a couple TH in BFL gear I'm moving.
Should total ~25TH of which all but 5.25-5.5TH will be mining for hardware. The 14 days will begin Monday as I will have everything settled in and running smooth.
12/8 will be the last day of mining for hardware with the newly acquired bunch. From then on out I will be putting a decent amount into reinvestment. I am looking for the absolute best reinvestment opportunity at the time being as we will have accrued a decent amount of coin from this period. I will also likely be putting in some personal coin and cash to increase the purchasing power of the company.
I am going to work a lot today to get everything updated, but to start. Here's the updated list: https://drive.google.com/folderview?id=0BwZCh0jtSZkwQXhYSVhzaWZUcmc&usp=sharing
November 23, 2013, 12:11:22 PM
He speaks!
November 23, 2013, 12:04:07 PM
Really does seem as though $1mill should have bought a lot more hash power than 25 Th.
I can assure you that with the exchange rates at time of purchases there wasn't a $1m to play with...
November 23, 2013, 10:57:53 AM
Hoping Lab_rat does come online today
Maybe he's staying in cold storage so we can't interweb mind hack him.
grnbrg.
November 23, 2013, 10:52:54 AM
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?
Thanks!
November 23, 2013, 10:40:28 AM
Hoping Lab_rat does come online today
Maybe he's staying in cold storage so we can't interweb mind hack him.
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