Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 215. (Read 452247 times)

I paid dividends to the address you have listed on BitFunder.

Lab_Rat, I paid for my shares from my QT wallet --> Weexchange --> Bitfunder. Are you paying our dividends to Bitfunder wallet, Weexchange wallet, or QT wallet?

Thx

With Dave's 800GH/s gone and the diff bump we saw a drop in divs this week unfortunately, but I'm in contact with Dave and the hardware should be flowing in soon.

BTC95.56992478 Mined
BTC71.67744359 Payout (Mined * .75)
BTC0.00129834/bond (Payout / 55207)

LabRat, don't take it like a reproach.

I know it's a hard time for you (and us...) , i only found the manual way pretty useless compared to the API's.

I really hope all this little sacrifices from the starting bring us some good dividends.

I hope that equipment gets here quick, our dividends are shrinking..lol....

FYI - Dividends have been paid out and appear to be ~ 0.00129833977/bond minus the 0.025 fee.

Too busy to get involved in the debate though, soz 

That at least seems straightforward...  Some people will have separate BF accounts.  I have two, to keep my personal LRM holdings separate from holdings I hold jointly with my wife.  My accounts have separate Bitcoin addresses on BitFunder, but I don't think there is anything that requires that.  If both accounts had the same address, it would show in the assetlist twice.  And it wouldn't be an issue, because I can still prove ownership of both sets of numbers....


grnbrg.

Lab rat

Can you give us the weekly numbers since its not on bitfunder? How much was paid per bond, etc? I  thought the numbers would be close to what they were last week..granted, the difficulty went up in the middle, but a run down would be nice..

thanks

I have to agree with this.  Id rather the Divs were just held and then paid out once there is no fee, and the investment is on a new platform or in a better place to pay the divs out.

Are you implying that half of the other issuers stopped paying dividends? Which ones?

If this happened and did not get resolved then it is a serious reliability issue with Bf. I have never had any problem like that. On the other hand, recently Ukyo failed to pay dividends on Ukyo.Loan for a few days which also does not look good.

There is also one thing that I noticed in the asset list. Sometimes it happens that the same btc address appeared not only once in the list for the same asset, with different numbers of shares. I assume that in these cases one has to sum the numbers. Some weeks ago I PM-ed to Ukyo about this but did not get any reply and this is still there. Technically it might not be a problem but it is strange.

"Ofcourse he is, you are receiving dividends mined with funds also coming from bonds bought by people with less than 20.

If he would treat them the same, you would have to choice to accept dividend with a fee, or let it accumulate until it is high enough (to either pay the fee, or maybe the fee will be gone by then)

I realise you are defending your point of view since you have more than 20 bonds and are happy to receive dividend, this is not a big guys vs little guys type of argument, you give everyone the same choice and then everyone is happy because it's a fair system."

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Im trying to see your logic.. I payed the same as everyone.. just because I hold more than 20 I received a payout. I still had to pay the .025 

I lost 20 bonds to the dividend payout just like everyone else did. Just because I hold a lot more than 20, I dont see how thats being unfair to the small shareholders. Also, I never said I was happy, I still lost .025btc, just like the guy that had 10 bonds.. Technically, I lost more than the guy holding 10. Trust me, im not that thrilled about paying for the privilege to receive a dividend, but it is what it is.. Do I think the cost to do the this should have been less, yes, i do...

So, it doesnt matter if you held 20 bonds or 5000, everyone paid the same..

It was not 9.7BTC charged.  It was closer to 5 or 6.  I also do not hold any bonds whatsoever at this moment (even on the issuer account, which is my only account).

I can assure you I don't want to waste another Saturday sending out dividends manually and should have an automated payout in place by next week.

The other way I could have charged a fee is by % and then I have the guys holding thousands of bonds jumping down my throat. Either way it's unfair to someone.  My apologies, but at least I'm paying out dividends instead of looking for a way to jump ship like half the other issuers on BitFunder.

Ofcourse he is, you are receiving dividends mined with funds also coming from bonds bought by people with less than 20.

If he would treat them the same, you would have to choice to accept dividend with a fee, or let it accumulate until it is high enough (to either pay the fee, or maybe the fee will be gone by then)

I realise you are defending your point of view since you have more than 20 bonds and are happy to receive dividend, this is not a big guys vs little guys type of argument, you give everyone the same choice and then everyone is happy because it's a fair system.

Hes not treating the bond holders any differently. The only reason Im going to receive dividends is because I hold more than 20. If I held less, than i wouldnt receive anything. Im also paying the fee, so he is not favoring the big bond holders more than the smaller ones...

Lol, I was just going to post the same thing from another site.. but this would do the job and only take a few minutes to do.... THis is just one of many programs that I have found...

Here a good start for LabRat  ==>

https://github.com/bitcoin/bitcoin/tree/master/contrib/spendfrom

and here :

https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_calls_list

Look at "sendfrom" and "sendtoaddress"

Make a script or a batch and "Voilà"

Yep, your numbers are almost identical to mine. Remember, there are a lot of holders that hold 20 or less, but your numbers still turn out to be the same since holders with less than 20 bonds wont be receiving any dividends... so, yes, it will be right around 10 coins it will cost us to do this manually.. 

Well...

LabRat asset-list address number : 391
Remove the 2 or 3 LabRat address and you have maybe 388. (correct me if you have the good numbers)

388*0.025BTC = 9.7BTC...

9.7BTC for this week and maybee the next.

Sorry but 9.7BTC for manual payout when Bitcoind API's are here to send multiple paiement with a file, i found this very expensive. 

Agreed, I'm just saying you can't go and treat shareholders differently based on the amount of bonds they hold.

Much better to hold all dividends temporarly, and then when it's fixed pay everyone a big dividend.

I hope Lab Rat recognizes this and the bad reputation it would bring to his otherwise great operation.