Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 177. (Read 452224 times)
November 21, 2013, 01:17:04 PM
Glad that you're. I'm concerned as many of others, at this rate, will take long time until we get what we put on.
November 21, 2013, 01:02:27 PM
The next 3 dividend payments will be taken from the original ~5TH/s that has been running since early October. The new hardware is an additional 15-20TH/s.
We just had confirmation that the 14 days is starting and the official LRM shill just told us how much is mining roughly.
This is great news as BTC price has taken a large jump meaning that after this 14 days if prices stay the same for mining manufacturers as advertised we will be getting more than triple what we were expecting considering it was ~$200/BTC I believe when this plan was made.
For those that are impatient and don't want to wait then yes this is a bummer and you won't be able to sell your shares for a while at a decent price.
For those that bought LRM to hold for a year or so, this is very good news and only ensures us that we will likely get 100% return + still have our shares to sell in the future.
I for one am excited.
November 21, 2013, 12:53:53 PM
Hard to be cold with this lvl of information and this deviation from the original plan without any data given.
I really have trouble to see the big picture right now if we're still sitting at 5th.
I really have trouble to see the big picture right now if we're still sitting at 5th.
+1
November 21, 2013, 12:53:52 PM
I think we all can agree one thing that Lab_rat should look into other hardware vendors who are able to provide hardware ready to ship , just relying on bitfury even if we are able to make good deal doesn't count if difficulty has gone up equally as well by the time all the gear gets delivered to us.
November 21, 2013, 12:53:04 PM
Hard to be cold with this lvl of information and this deviation from the original plan without any data given.
I really have trouble to see the big picture right now if we're still sitting at 5th.
I really have trouble to see the big picture right now if we're still sitting at 5th.
November 21, 2013, 12:40:23 PM
Sorry to repost and add:
From the labratmining.com, considering the 55000 bonds sold and prices at $90 per bitcoin:
24.1 @50,000 bonds sold
29.5 @60,000 bonds sold
We're still at 5 and we're devoting 15-20 TH to buy new hardware.. where's the 24TH missing based on the IPO, wich with the current 600 value should be way more than 50th... I'm seriously loosing confidence on this, así of a LOT of my invested money in form of BTC.
And as i see.. the person in charge doesnt have 5 minutes to explain the current situation anywhere?.
Also, there's no proposal posted in labratmining.com to pay for cost and rent right now.
From the labratmining.com, considering the 55000 bonds sold and prices at $90 per bitcoin:
24.1 @50,000 bonds sold
29.5 @60,000 bonds sold
We're still at 5 and we're devoting 15-20 TH to buy new hardware.. where's the 24TH missing based on the IPO, wich with the current 600 value should be way more than 50th... I'm seriously loosing confidence on this, así of a LOT of my invested money in form of BTC.
And as i see.. the person in charge doesnt have 5 minutes to explain the current situation anywhere?.
Also, there's no proposal posted in labratmining.com to pay for cost and rent right now.
Relax, I'm sure news is coming soon.
November 21, 2013, 12:31:37 PM
Sorry to repost and add:
From the labratmining.com, considering the 55000 bonds sold and prices at $90 per bitcoin:
24.1 @50,000 bonds sold
29.5 @60,000 bonds sold
We're still at 5 and we're devoting 15-20 TH to buy new hardware.. where's the 24TH missing based on the IPO, wich with the current 600 value should be way more than 50th... I'm seriously loosing confidence on this, así of a LOT of my invested money in form of BTC.
And as i see.. the person in charge doesnt have 5 minutes to explain the current situation anywhere?.
Also, there's no proposal posted in labratmining.com to pay for cost and rent right now.
From the labratmining.com, considering the 55000 bonds sold and prices at $90 per bitcoin:
24.1 @50,000 bonds sold
29.5 @60,000 bonds sold
We're still at 5 and we're devoting 15-20 TH to buy new hardware.. where's the 24TH missing based on the IPO, wich with the current 600 value should be way more than 50th... I'm seriously loosing confidence on this, así of a LOT of my invested money in form of BTC.
And as i see.. the person in charge doesnt have 5 minutes to explain the current situation anywhere?.
Also, there's no proposal posted in labratmining.com to pay for cost and rent right now.
November 21, 2013, 12:25:35 PM
So, no new hardware arrived yet? even with our capital of close to 1 million back then, close to 5 right now?
We're still stuck in 5 TH? What is LRM doing?
We're still stuck in 5 TH? What is LRM doing?
November 21, 2013, 12:23:37 PM
So we're going to get all the backed up divs this Saturday, right? Since the 14 days doesn't start until Monday? Right? RIGHT??? 
:facepalm: Don't people bother to even try to look for answers before asking questions?From 4 posts back:
(Hardware) will start rolling in next week and what it accumulates between time of arrival and 14 days after it is all received will 100% go into additional hardware.
100%* of the Bitcoin earned by the new hardware, between the date it arrived and was plugged in, and December 9th will go to purchase of new hardware. The next 3 dividend payments will be taken from the original ~5TH/s that has been running since early October. The new hardware is an additional 15-20TH/s.
* Based on the proposition posted at LabRatMining.com, it may be 100%, less a few percent for electrical costs and rent.
grnbrg.
November 21, 2013, 12:09:24 PM
So we're going to get all the backed up divs this Saturday, right? Since the 14 days doesn't start until Monday? Right? RIGHT???
November 21, 2013, 12:01:39 PM
Quote
What we should be happy about is now we know when 14 days of mining will start from , I am sure we will soon hear on other missing bit of news/info about total accumulated mining revenue going into LRM re-investment/operations fund & new hashrate of LRM.
When did the 14 days start, sorry?
Not trying to troll! Just genuinely curious.. can't spot it easily
here => https://bitcointalksearch.org/topic/m.3659542
It's maybe...wahou...at 1 page behind...very hard to find...
-- I was looking WAY farther back than that lol...So the 14 day clock starts on Monday, November 25th then.
November 21, 2013, 10:55:26 AM
Quote
What we should be happy about is now we know when 14 days of mining will start from , I am sure we will soon hear on other missing bit of news/info about total accumulated mining revenue going into LRM re-investment/operations fund & new hashrate of LRM.
When did the 14 days start, sorry?
Not trying to troll! Just genuinely curious.. can't spot it easily
here => https://bitcointalksearch.org/topic/m.3659542
It's maybe...wahou...at 1 page behind...very hard to find...
November 21, 2013, 10:31:17 AM
Quote
What we should be happy about is now we know when 14 days of mining will start from , I am sure we will soon hear on other missing bit of news/info about total accumulated mining revenue going into LRM re-investment/operations fund & new hashrate of LRM.
When did the 14 days start, sorry?
Not trying to troll! Just genuinely curious.. can't spot it easily
November 21, 2013, 06:26:55 AM
So, how much new hardware was already running before this 14 day clock started?
And did the mined BTC of that new hardware before Monday count towards reinvestment, or did it get turned out to shareholders?
ANSWER
(Hardware) will start rolling in next week and what it accumulates between time of arrival and 14 days after it is all received will 100% go into additional hardware.
CONFUSION
Good news from Lab_Rat. There is still some hardware in the pipe, but he will be starting the 14 day clock on Monday.
I understand , Please remember quote from Lab_rat is from October when he was expecting bitfury gear delivery which in reality is happening over past week & looks like there is still some incoming batch of bitfury gear
What we should be happy about is now we know when 14 days of mining will start from , I am sure we will soon hear on other missing bit of news/info about total accumulated mining revenue going into LRM re-investment/operations fund & new hashrate of LRM.
November 21, 2013, 04:19:45 AM
So, how much new hardware was already running before this 14 day clock started?
And did the mined BTC of that new hardware before Monday count towards reinvestment, or did it get turned out to shareholders?
ANSWER
(Hardware) will start rolling in next week and what it accumulates between time of arrival and 14 days after it is all received will 100% go into additional hardware.
CONFUSION
Good news from Lab_Rat. There is still some hardware in the pipe, but he will be starting the 14 day clock on Monday.
November 21, 2013, 04:11:11 AM
So, how much new hardware was already running before this 14 day clock started?
And did the mined BTC of that new hardware before Monday count towards reinvestment, or did it get turned out to shareholders?
ANSWER
(Hardware) will start rolling in next week and what it accumulates between time of arrival and 14 days after it is all received will 100% go into additional hardware.
November 21, 2013, 02:15:44 AM
Good news from Lab_Rat. There is still some hardware in the pipe, but he will be starting the 14 day clock on Monday.
Discuss....
grnbrg.
Discuss....
grnbrg.
So, how much new hardware was already running before this 14 day clock started?
And did the mined BTC of that new hardware before Monday count towards reinvestment, or did it get turned out to shareholders?
2) Also after 14 days end, want to know, how much BTC will be reinvested(=how much BTC was mined on that "14 day" that would be over month since first hw was received in early nov)
3) How much TH is coming
4) How much TH we will get from that 14 days?
November 21, 2013, 01:25:44 AM
Good news from Lab_Rat. There is still some hardware in the pipe, but he will be starting the 14 day clock on Monday.
Discuss....
grnbrg.
Discuss....
grnbrg.
So, how much new hardware was already running before this 14 day clock started?
And did the mined BTC of that new hardware before Monday count towards reinvestment, or did it get turned out to shareholders?
November 21, 2013, 12:33:54 AM
Good news from Lab_Rat. There is still some hardware in the pipe, but he will be starting the 14 day clock on Monday.
Discuss....
grnbrg.
Discuss....
grnbrg.
Peasants were weary
So the King Labrat proclaimed:
"Let them have their cake!"
This is good news for all. Hopefully he is/will manage to amass a nice pile of coins before the clock expires.
November 21, 2013, 12:07:14 AM
Good news from Lab_Rat. There is still some hardware in the pipe, but he will be starting the 14 day clock on Monday.
Discuss....
grnbrg.
Discuss....
grnbrg.
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