Author

Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 190. (Read 452224 times)

sr. member
Activity: 473
Merit: 250
Interesting that ~ 5.2% (2735 of 55472) of total bonds issued have not verified.

Of the total unverified, two addresses account for more 50% of the unclaimed assets.

755   1JgrxkAbiCUnhY7jYJ5Vkiisx4DynNxCD9   
655   1FPPy6mkU4HGZjvig8imkuDSzBzc4LgSET   

37 accounts follow with a total of 1151 bonds ranging from 10 - 98 bonds per account.

58 accounts follow with between 1 - 8 bonds each.

I move that LRM hold these bonds in escrow for claimants for a further period of 6 months.

After that point, the bonds could be donated to charity or the Bitcoin Foundation. 






Your kidding right? if those bonds are not claimed eventually whenever that may be they get absorbed and we get the dividends not a random charity. Gonna be hard enough to ROI as it is those unclaimed bonds might end up being the difference between this being profitable or not.
sr. member
Activity: 672
Merit: 251
Labrat mentioned before he would make it right if there were late claimants.  Given where we are now on late delivery and difficulty, I wouldn't mind the bond count reducing.  Every little bit helps. 

The final decision rests with team labrat.  I'm sure he will announce if he takes action on unclaimed bonds or if there is a change in plans.
BKM
sr. member
Activity: 315
Merit: 250
Interesting that ~ 5.2% (2735 of 55472) of total bonds issued have not verified.

Of the total unverified, two addresses account for more 50% of the unclaimed assets.

755   1JgrxkAbiCUnhY7jYJ5Vkiisx4DynNxCD9   
655   1FPPy6mkU4HGZjvig8imkuDSzBzc4LgSET   

37 accounts follow with a total of 1151 bonds ranging from 10 - 98 bonds per account.

58 accounts follow with between 1 - 8 bonds each.

I move that LRM hold these bonds in escrow for claimants for a further period of 6 months.

After that point, the bonds could be donated to charity or the Bitcoin Foundation. 




hero member
Activity: 560
Merit: 500
List: https://drive.google.com/folderview?id=0BwZCh0jtSZkwQXhYSVhzaWZUcmc&usp=sharing

HW has started coming in as I said and I will be setting aside this (not including previous hashrate) revenue for new hardware until 14 days after all hardware is received... depending on the pricing I can get with Dave this will mean a lot of hardware in addition to what is being added right now.

Sorry for no updates, been a little busy.  grnbrg, entertain these people!!! Wink

What I understand is you have got some new gear but not all the gear ordered but u are setting aside all the mining revenue from newly received gear in first batch till you receive all the hardware you have bought upto delivery of last batch of bitfury gear & then mine for 14 days from then on collectively received hardware in all the different batches combined together , is this correct ?   

Am I right , if so you need share with us the numbers as this needs to be discussed openly on the forum.
BKM
sr. member
Activity: 315
Merit: 250
List: https://drive.google.com/folderview?id=0BwZCh0jtSZkwQXhYSVhzaWZUcmc&usp=sharing

HW has started coming in as I said and I will be setting aside this (not including previous hashrate) revenue for new hardware until 14 days after all hardware is received... depending on the pricing I can get with Dave this will mean a lot of hardware in addition to what is being added right now.

Sorry for no updates, been a little busy.  grnbrg, entertain these people!!! Wink

Thanks! LR. Looking forward to further detail on what hardware is currently up and running and expected

Any update on current hashrate? Would it be doable to post here once per week with an approximate average hashrate for the past week?

The proletariat is restless
sr. member
Activity: 266
Merit: 250
grnbrg, entertain these people!!! Wink

I am also finally back from the hole I climbed into a few weeks back... Tongue
hero member
Activity: 784
Merit: 500
List: https://drive.google.com/folderview?id=0BwZCh0jtSZkwQXhYSVhzaWZUcmc&usp=sharing

HW has started coming in as I said and I will be setting aside this (not including previous hashrate) revenue for new hardware until 14 days after all hardware is received... depending on the pricing I can get with Dave this will mean a lot of hardware in addition to what is being added right now.

Sorry for no updates, been a little busy.  grnbrg, entertain these people!!! Wink

Why can't you specify how much hardware have you received and how much it's on the way?

Why so much mystery? I don't get it.
legendary
Activity: 934
Merit: 1000
Lab Rat, have you got an updated shareholder list yet? Tried to transfer shares by sending mail to both the email addres on the labrat site and the one mentioned in the thread but no response yet. Can you let me know when you'll have time for this?

Thx

Contact grnbrg for the time being for trades.  He deals with the trade, I update it.
Hey Lab Rat,

No problem u being busy Smiley

It's not a trade, its an original transfer from bitfunder.. And its still not on the list.. Will grnbrg handle those as well? I sent two emails one on the 26th and one last monday as per your specifications but so far I haven't heard a thing (nor seen any dividends....)

You said we had untill the 7th of November and that all requests afterwards wouldn't count, I'm just trying to make sure you got my emails and I will get my divs...

Cheers

EDIT: just got confirmation from grnbrg that my transfer was confirmed Smiley thanks guys,
hero member
Activity: 599
Merit: 502
Token/ICO management
Lab Rat, have you got an updated shareholder list yet? Tried to transfer shares by sending mail to both the email addres on the labrat site and the one mentioned in the thread but no response yet. Can you let me know when you'll have time for this?

Thx

Contact grnbrg for the time being for trades.  He deals with the trade, I update it.
hero member
Activity: 599
Merit: 502
Token/ICO management
List: https://drive.google.com/folderview?id=0BwZCh0jtSZkwQXhYSVhzaWZUcmc&usp=sharing

HW has started coming in as I said and I will be setting aside this (not including previous hashrate) revenue for new hardware until 14 days after all hardware is received... depending on the pricing I can get with Dave this will mean a lot of hardware in addition to what is being added right now.

Sorry for no updates, been a little busy.  grnbrg, entertain these people!!! Wink
hero member
Activity: 784
Merit: 500
Lab Rat, have you got an updated shareholder list yet? Tried to transfer shares by sending mail to both the email addres on the labrat site and the one mentioned in the thread but no response yet. Can you let me know when you'll have time for this?

Thx

I traded a few days ago using the grnbrg escrow and the trade was done in one day. He should put in contact soon.
legendary
Activity: 934
Merit: 1000
Lab Rat, have you got an updated shareholder list yet? Tried to transfer shares by sending mail to both the email addres on the labrat site and the one mentioned in the thread but no response yet. Can you let me know when you'll have time for this?

Thx
hero member
Activity: 560
Merit: 500
Hey Lab Rat,

What's the good news!

+1 , we need some good news with pics & LRM btc wallet a address.
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
Hey Lab Rat,

What's the good news!
hero member
Activity: 784
Merit: 500
From your calculations labrat bonds have lost 90% of their BTC value from ipo?  Best investment I have ever made Wink

I would like if someone can check the numbers.

Based on the same maths the ActiveMining including the incoming 3 th/s should be around 0.00044 per bond.

But, remember that the calculation is not considering new hardware purchased coming in that should add value to the bonds. I will say it's more like a baseline price estimation.
sr. member
Activity: 294
Merit: 250
Whats the current LRM hashrate? The site hasn't been updated in... a long time.
Dividends went out

Mined: BTC72.80978362
Paid Out: BTC54.60733772
Per Bond: BTC0.00098441

With the current difficulty it would be around 81 Th/s...could be maybe more now.

I was just going to make the same numbers. Last block average network was 3.5 Ph/s. Total ideal reward in one week = 25.200 BTC. Then, to obtain 73 BTC you should have 1/345 th of the network, aprox 100 Th/s. Lazy numbers, but just got an idea.

Seems that something is wrong... in that case is more than 1ghs/bond.

Wrong math...

Put 8 TH/s in this calculator....==>  http://bitcoinwisdom.com/bitcoin/difficulty

Asuming no new hardware is introduced this two weeks. And reward of the next week, not this one, just decreases as the last block difficulty increase, then:

Mined: BTC72.80978362
Diffulty increase: 30.70%
Then, reward will be: BTC56
75% for bond holders: BTC42
Per Bond: mBTC0.757

Now, to obtain BTC56 per week at current difficulty, we will need 8.125th/s which equals to 0.146gh/s per bond (55.472 bonds represent the public 75% of LRM). At current cex.io price, which is BTC0.11 per gh/s, that gives me a estimated value (not considering any new hardware coming in, which it's not true) of BTC0.0161 per bond.

Not sure if I'm doing the numbers right but seems more reasonable that the other post.

From your calculations labrat bonds have lost 90% of their BTC value from ipo?  Best investment I have ever made Wink
hero member
Activity: 784
Merit: 500
Whats the current LRM hashrate? The site hasn't been updated in... a long time.
Dividends went out

Mined: BTC72.80978362
Paid Out: BTC54.60733772
Per Bond: BTC0.00098441

With the current difficulty it would be around 81 Th/s...could be maybe more now.

I was just going to make the same numbers. Last block average network was 3.5 Ph/s. Total ideal reward in one week = 25.200 BTC. Then, to obtain 73 BTC you should have 1/345 th of the network, aprox 100 Th/s. Lazy numbers, but just got an idea.

Seems that something is wrong... in that case is more than 1ghs/bond.

Wrong math...

Put 8 TH/s in this calculator....==>  http://bitcoinwisdom.com/bitcoin/difficulty

Asuming no new hardware is introduced this two weeks. And reward of the next week, not this one, just decreases as the last block difficulty increase, then:

Mined: BTC72.80978362
Diffulty increase: 30.70%
Then, reward will be: BTC56
75% for bond holders: BTC42
Per Bond: mBTC0.757

Now, to obtain BTC56 per week at current difficulty, we will need 8.125th/s which equals to 0.146gh/s per bond (55.472 bonds represent the public 75% of LRM). At current cex.io price, which is BTC0.11 per gh/s, that gives me a estimated value (not considering any new hardware coming in, which it's not true) of BTC0.0161 per bond.

Not sure if I'm doing the numbers right but seems more reasonable that the other post.
legendary
Activity: 1022
Merit: 1001
I'd fight Gandhi.
Can't wait for the all of the new gear to arrive!  Smiley
hero member
Activity: 504
Merit: 500
Whats the current LRM hashrate? The site hasn't been updated in... a long time.
Dividends went out

Mined: BTC72.80978362
Paid Out: BTC54.60733772
Per Bond: BTC0.00098441

With the current difficulty it would be around 81 Th/s...could be maybe more now.

I was just going to make the same numbers. Last block average network was 3.5 Ph/s. Total ideal reward in one week = 25.200 BTC. Then, to obtain 73 BTC you should have 1/345 th of the network, aprox 100 Th/s. Lazy numbers, but just got an idea.

Seems that something is wrong... in that case is more than 1ghs/bond.

Wrong math...

Put 8 TH/s in this calculator....==>  http://bitcoinwisdom.com/bitcoin/difficulty
sr. member
Activity: 448
Merit: 250
Whats the current LRM hashrate? The site hasn't been updated in... a long time.
Dividends went out

Mined: BTC72.80978362
Paid Out: BTC54.60733772
Per Bond: BTC0.00098441

With the current difficulty it would be around 81 Th/s...could be maybe more now.

edit: a 0 too much....ment 8,1 th/s

Prefer not to have to guess at it...
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