Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 187. (Read 452224 times)

The price of bitcoin probably has a lot to do with that projection. Buying power of bitcoin has more than tripled since initial bond purchases. It won't be surprising if he can buy even more hardware than that in the next few months. Especially, if bitcoin keeps on this rip. $500 to $800 per bitcoin is possible in the near future.

If this can bring us to 100 TH/s why not...I just hope LabRat don't sell to much more bonds and dissolve even more dividends / Hashrate per bonds...

LabRat, I am so relieved!

Thanks for the transfer of my bonds and the subsequently payout of old dividends, I know I have been lax with the BitFunder Issue and approached you very late to solve it.

I never intended to give you a hard time on this , I was just taken in by my job so I procrastinated in my private time

Cheers to you and your patience!

Regards
Rockford

that was FUNNY!

I need a little clarity,

I thought it would only be 14 days total of dividends (minus the ~5TH) going to LRM directly but now it seems that it's all the days until "All the boards come in" + 14 Days so it actually ends up being over 21 days or am I misunderstanding.

0.0001BTC transaction fee paid, which is really low for a tx of this size....

blockchain.info predicts 18 hours before it gets accepted....



grnbrg.

One problem... why is this stuck in queue? Transaction fee is less than recommended... 20 hours (queue position 3204)

https://blockchain.info/tx/56f6d324d19ca629e9bb6e047e4d86786f299542b3216a0a76f33b07a90009a1

https://bitcointalksearch.org/topic/official-labrat-mining-lrm-share-trading-thread-320578

The 30 Ghs Little Singles are currently bringing in ~$700 on eBay, if you want to go that route.

How much is people selling LRM bonds nowadays? Anyone selling? If so.. how much.

correct! except I think you meant dividends, not bonds...

Bonds are paying out.  Looks like 0.000557995BTC per bond.


grnbrg.

I've been thinking of listing the in hand BFL gear as it's worth more to other people than it is to this company.

Would anyone be interested in buying Singles or LS?

These proceeds would go directly into more efficient gear for LRM.

Thank you LabRat

I have a question...maybe offtopic or stupid.

With all this hardware coming (it's almost a perpetual chase in fact) have you in the futur some "refurb" plan ?
Selling old Hardware for new ones.

With pretty good price for your lovely bond holders... 

Hey everyone, I've decided to suck it up and deal with the fact that there are going to be more bondholders coming in saying they want their bonds.  Just because someone wasn't paying attention doesn't mean I should remove their bonds out from under them, but what I will do from this week forward is forfeit their rolled over dividends to the Verified bondholders.

This means that if you have not verified your ownership of bonds by 11/16.  I'm not managing your accrued dividends for free and I will give them to the people who have gone ahead and verified.  I will be keeping the list for the next 6 months at which point your bonds will be dissolved if legally acceptable.

This week we got slammed with a huge difficulty jump, but I see that the difficulty will either stay the same or go down if there isn't too much more hashrate added in the next 10 days or so.



I bet ASICMiner has been mining for themselves in the Philippines and that Typhoon wiped them out dropping the network hashrate...



But in real news.  LRM has about 12-13TH up, another 17TH going up by end of day Tuesday and I believe only one more shipment (maybe 2) from Dave of an unknown size before the 14 day period officially begins.  This shipment is all but guaranteed to be this coming week.

I'm excited to see how much HW this period brings in as the prices will be significantly lower on this next batch of HW.

My goal is to have 100+TH up by the end of the year, but I'm thinking Feb is a more likely estimate.

Back to verifying the last few trades and verification emails before sending out divs for the week (and I know the quantity is low this week) but were about to see a jump to ~1% of the network.

I'm thinking of throwing in a few of my coins this week to make the Divs hurt a little less this week, I'll let you know how the numbers look power-wise to see if I can afford it. (Don't want to operate in the red)

EDIT:

To clarify, ~5.25TH that existed before the BF gear coming in is mining for LRM while all new hardware is mining toward new hardware until 14 days after it's all in from Dave.

LOL, burn! 

Although I do think Labby has a much better track record than BFL does.


grnbrg.

So we're back to this again? ...

https://www.youtube.com/watch?v=t93PJlv3EgQ

https://www.youtube.com/watch?v=t5whaRkuipU


grnbrg.

Cool & understandable , now please do belly dance for us   

well played, grnbrg.  well played.