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Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 228. (Read 452282 times)

legendary
Activity: 1610
Merit: 1000
Well hello there!
Yes, i think your right.. Its someone that was given shares for gear and is cashing out.. Im mostly speculating, but I think im spot on...No reason to panic.

I am not speculating, I keep a record of exactly what is happening  Lips sealed

Indeed, but only movement from one of them. You are not alone in keeping records  Wink

I'm bettin these fellas have been watching things so closely they could probably teach the good ole we are only capturing a few datapoints boys a thing or two about tracking Wink

Thought today's payout would actually be a bit lower. Sure would be nice to view the current hashrates across however many pools LRM is currently mining in though.
hero member
Activity: 924
Merit: 1000
Also, we were a lot luckier the week before.. It will get better... at roughly 5.1 ths (remember, running at 100 percent uptime is very difficult to do) at todays difficulty should bring in about 120 coins over 7 days, thats running at 5.1ths and 100 percent uptime.. So, if no shares are sold between now and next week and the hashrate stays at 5.1ths, we should expect pretty close to what we got today.. (I think my math was right)
sr. member
Activity: 266
Merit: 250
!?! the dividends decreased ?

Slightly, and as expected, yes. But not for much longer though, sit tight...  Tongue
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
฿95.63700000 + (25%) ฿23.90925 = ฿119.54625 - Mined Last Week
฿92.37093601 + (25%) ฿23.0927340025 = ฿115.4636700125 - Mined this week

September 25th was the last increase in Difficulty and I believe we were mining at 4.2TH last week and 5.1TH this week? Also 1,500 more shares were sold.

I expected a tad bit less.
member
Activity: 93
Merit: 10
!?! the dividends decreased ?
hero member
Activity: 924
Merit: 1000
I have a couple home brewed programs that ive had for long time that some trader/programmer gave to me.. but they literally have zero features, it basiscally tells me when to buy and i manually have to do it, lol.. just today i tried that butterbot program and i dont know how impressed i am with it.. It also told to buy a couple days ago when i did a back test on it.. So, thats 2 bots that said to buy about the same time... Dont know if ill buy the butterbot program. at least it buys and sells automatically, lol.... I may throw a coin on a test account and see what happens.. I think this butterbot program and the hombrewed one that i use basically use the same information, to buy and sell, so, i may keep it since it automatically  buys and sells, its a true bot, not a quasi bot like Ive been using.. time will tell if it actually works, lol...


hero member
Activity: 924
Merit: 506
I have an automated bitcoin trading bot that does  quite well, and it only does about 70 trades a year, well, It just triggered a buy last night (It could hold on to this buy for weeks)... so, maybe your theory is correct on your bitcoin price analysis.. I hope so, anyways....

Which software are you using?
hero member
Activity: 924
Merit: 506
It'll be nice if the exchange rate for bitcoin pops before Labrat orders anything, and stays up when using the scooped up dividends next month.
The price pattern for bitcoin is looking nice on the chart, so far.

Assuming he orders in fiat, not BTC?

Not sure how likely this is.

Equipment is priced in fiat, but he has in the past held funds in bitcoin until paying.
full member
Activity: 142
Merit: 100
Hive/Ethereum
It'll be nice if the exchange rate for bitcoin pops before Labrat orders anything, and stays up when using the scooped up dividends next month.
The price pattern for bitcoin is looking nice on the chart, so far.

Assuming he orders in fiat, not BTC?

Not sure how likely this is.
hero member
Activity: 924
Merit: 506
It'll be nice if the exchange rate for bitcoin pops before Labrat orders anything, and stays up when using the scooped up dividends next month.
The price pattern for bitcoin is looking nice on the chart, so far.
full member
Activity: 167
Merit: 100
Yes, i think your right.. Its someone that was given shares for gear and is cashing out.. Im mostly speculating, but I think im spot on...No reason to panic.

I am not speculating, I keep a record of exactly what is happening  Lips sealed

Indeed, but only movement from one of them. You are not alone in keeping records  Wink

Right. It is not so hard to store regular snapshots of the asset list and set up a couple of scripts to get the interesting info out of the data.I am sure many people do that.

I have been too busy to script it sadly, but it's certainly something I've wanted to get around to, and as you say, I'm sure a lot of people have. It's amazing how much identifiable info you can get out of anonymised data - makes you wonder about bitcoin's anonymity in general really (though it is pretty well known that it's nowhere near as anonymous as people think).

Especially with all these people running around on the forums boasting with their most recent transactions  Lips sealed But even if you cannot identify the actual persons it is still amusing to watch the different patterns of how people go about doing trades.
sr. member
Activity: 266
Merit: 250
Yes, i think your right.. Its someone that was given shares for gear and is cashing out.. Im mostly speculating, but I think im spot on...No reason to panic.

I am not speculating, I keep a record of exactly what is happening  Lips sealed

Indeed, but only movement from one of them. You are not alone in keeping records  Wink

Right. It is not so hard to store regular snapshots of the asset list and set up a couple of scripts to get the interesting info out of the data.I am sure many people do that.

I have been too busy to script it sadly, but it's certainly something I've wanted to get around to, and as you say, I'm sure a lot of people have. It's amazing how much identifiable info you can get out of anonymised data - makes you wonder about bitcoin's anonymity in general really (though it is pretty well known that it's nowhere near as anonymous as people think).
full member
Activity: 167
Merit: 100
Yes, i think your right.. Its someone that was given shares for gear and is cashing out.. Im mostly speculating, but I think im spot on...No reason to panic.

I am not speculating, I keep a record of exactly what is happening  Lips sealed

Indeed, but only movement from one of them. You are not alone in keeping records  Wink

Right. It is not so hard to store regular snapshots of the asset list and set up a couple of scripts to get the interesting info out of the data.I am sure many people do that.
sr. member
Activity: 266
Merit: 250
Yes, i think your right.. Its someone that was given shares for gear and is cashing out.. Im mostly speculating, but I think im spot on...No reason to panic.

I am not speculating, I keep a record of exactly what is happening  Lips sealed

Indeed, but only movement from one of them. You are not alone in keeping records  Wink
full member
Activity: 167
Merit: 100
Yes, i think your right.. Its someone that was given shares for gear and is cashing out.. Im mostly speculating, but I think im spot on...No reason to panic.

I am not speculating, I keep a record of exactly what is happening  Lips sealed
hero member
Activity: 924
Merit: 1000
Yes, i think your right.. Its someone that was given shares for gear and is cashing out.. Im mostly speculating, but I think im spot on...No reason to panic.
full member
Activity: 167
Merit: 100
Wonder who is selling the shares I am guessing its not the early adopters.

Those big holders (3-5k) who probably got shares in return for gear and want to have some cash now.
hero member
Activity: 560
Merit: 500
Wonder who is selling the shares I am guessing its not the early adopters.
hero member
Activity: 924
Merit: 506
Yeah we need some clarification quickly - it reads as though even after this additional purchase we are only gonna have 30Th which should not be the case. We were supposed to have 30Th anyway and this dividend withhold was supposed to add a significant amount more I was expecting 40Th approx after the 2 week dividend hold. If we are only at 32Th after the extra dividends are invested then something doesn't smell right.

Can you please confirm the situation?

For what it's worth, Labrat said he thought about 20% was used for Monarchs. I calculated this to be about $150,000 based on total bond sales, but he disputed that figure/amount was sent to BFL in a prior comment. Maybe it was closer to something like $90,000. Anyway, he said he could not speak anymore on the BFL order (I'm not sure why). Maybe he will clarify on some of this stuff today, it's still very early morning his time.
sr. member
Activity: 473
Merit: 250
Yeah we need some clarification quickly - it reads as though even after this additional purchase we are only gonna have 30Th which should not be the case. We were supposed to have 30Th anyway and this dividend withhold was supposed to add a significant amount more I was expecting 40Th approx after the 2 week dividend hold. If we are only at 32Th after the extra dividends are invested then something doesn't smell right.

Can you please confirm the situation?
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