Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 255.

mmmerlin

sr. member

Activity: 266

Merit: 250

Quote from: Bargraphics on August 28, 2013, 07:35:44 AM

Quote from: friedcat on August 28, 2013, 06:12:56 AM

Spec: 10GHhash/s guaranteed.
   Rated speed 10.752GHash/s.
   Maximum speed of 12.829GHash/s with overclocking and proper cooling.

Price: 1-19 - Not shipping, please contact our resellers.
   20-99 - 3.9BTC each (0.363BTC/G, 0.304BTC/G overclocked).
   100+ - 3.5BTC each (0.326BTC/G, 0.273BTC/G overclocked).

For returning customers from former auctions, you can enjoy the price of 3.5BTC each."

Lab_Rat, this seems like a really good deal to get them at 3.5BTC/each and increase LRM's HashRate Exponentially while waiting on Bitfury and everyone else you have ordered from.

What are your thoughts?

What is the lead-time on these? Do they ship ~same day you order?

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

Quote from: friedcat on August 28, 2013, 06:12:56 AM

Spec: 10GHhash/s guaranteed.
   Rated speed 10.752GHash/s.
   Maximum speed of 12.829GHash/s with overclocking and proper cooling.

Price: 1-19 - Not shipping, please contact our resellers.
   20-99 - 3.9BTC each (0.363BTC/G, 0.304BTC/G overclocked).
   100+ - 3.5BTC each (0.326BTC/G, 0.273BTC/G overclocked).

For returning customers from former auctions, you can enjoy the price of 3.5BTC each."

Lab_Rat, this seems like a really good deal to get them at 3.5BTC/each and increase LRM's HashRate Exponentially while waiting on Bitfury and everyone else you have ordered from.

What are your thoughts?

a2offrb

full member

Activity: 453

Merit: 101

RISE WITH RAYS FOR THE FUTURE

LabRat:
Site isnt updated. 5 mins.
Hashrate unknown: No updates on site and private pool. (Dont answer with "Its currently 690-700 ghashes", i know it)
If you have web site for it - use it.

Any hardware incoming?
Can you post how much in percentage of money have been used on what hardware and do company have any unused money?
Like "BFL 15%, Cointerra 20%, BitFury 30%" (15+20+30=65) And 35% unused.
Ordered BFL 2TH. Cointerra 6 TH, BitFury 12 TH.
Delivery in next month:
Blablabla
blabalabla

BKM

sr. member

Activity: 315

Merit: 250

Hmmmm- seems cointerra listened to the market - sure hope LRM got in early on their offering - they have buyer protection on price drops - unlike certain other co's

http://www.coindesk.com/cointerra-cuts-price-of-terraminer-iv-bitcoin-mining-rig/

mmmerlin

sr. member

Activity: 266

Merit: 250

Quote from: Lab_Rat on August 27, 2013, 05:24:56 PM

In the past few days I have listed 2000 new bonds 500 @0.2 1000 @0.225 and 500 @0.25. These bonds have been made available to allow for new individuals to enter into LabRatMining as a good sized deal should be concluded by the end of the week. Get them while you can.

Lab_Rat

hero member

Activity: 599

Merit: 502

Token/ICO management

In the past few days I have listed 2000 new bonds 500 @0.2 1000 @0.225 and 500 @0.25. These bonds have been made available to allow for new individuals to enter into LabRatMining as a good sized deal should be concluded by the end of the week. Get them while you can.

BKM

sr. member

Activity: 315

Merit: 250

Looks like volume is holding off until we get more hashing or through this weeks dividend payments. Very few sells posted through to the last batch of 1,000 Lab_Rat released at 0.225

mmmerlin

sr. member

Activity: 266

Merit: 250

Quote from: Bargraphics on August 26, 2013, 07:00:51 PM

Quote from: mmmerlin on August 26, 2013, 06:27:25 PM

I really wouldn't hold your breath on the Monarchs, that is going to be the greatest in a long line of cluster-fucks, mark my words...

And FWIW, "bullet runs" are not a thing - Google it. It's just them hoping that their first R&D run is actually usable and can be sold instead of being used for development... Worth recalling how that worked out for them last time.

EDIT: OK, maybe not the greatest, it would be hard to beat the current, on-going one, but certainly the latest. Basically anyone who thinks it'll be plain sailing is going to be disappointed. Though having said that, they have at least now qualified that delivery for the majority of orders won't be this year, which wasn't what it said in the initial announcement, so perhaps disappointment will be a little less...

Actually these Fabs do have bullet runs where you pay extra $$$ to get bumped up in line but only for a few wafers.

That being said, you know what the saying is. Walks like a Duck, Quacks like a Duck". BFL will do what BFL is good at. ROI for the first few customers and huge delays and sadness for the rest.

Oh ok, less than I thought but good nonetheless!

Oh, sure, you can have a wafer or two bumped up for your engineering/R&D run, but "bullet run" is a term that, as far as I am aware, BFL have invented themselves (presumably to give to customers to make it feel like they're doing all they can).

But yes, I agree, will surely be like before, great for a few, shit for most.

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

Quote from: mmmerlin on August 26, 2013, 06:27:25 PM

I really wouldn't hold your breath on the Monarchs, that is going to be the greatest in a long line of cluster-fucks, mark my words...

And FWIW, "bullet runs" are not a thing - Google it. It's just them hoping that their first R&D run is actually usable and can be sold instead of being used for development... Worth recalling how that worked out for them last time.

EDIT: OK, maybe not the greatest, it would be hard to beat the current, on-going one, but certainly the latest. Basically anyone who thinks it'll be plain sailing is going to be disappointed. Though having said that, they have at least now qualified that delivery for the majority of orders won't be this year, which wasn't what it said in the initial announcement, so perhaps disappointment will be a little less...

Actually these Fabs do have bullet runs where you pay extra $$$ to get bumped up in line but only for a few wafers.

That being said, you know what the saying is. Walks like a Duck, Quacks like a Duck". BFL will do what BFL is good at. ROI for the first few customers and huge delays and sadness for the rest.

Quote from: Lab_Rat on August 26, 2013, 04:42:55 PM

Quote from: Bargraphics on August 26, 2013, 03:49:57 PM

Quote from: BKM on August 26, 2013, 12:51:54 PM

Lab_Rat Mining is a long play - those that are short sighted are going to lose out on a good buying opportunity this week. I think he has proven himself with the launch and scaling up in the last few weeks. We could certainly be in for a nice surprise on hashing increases in this week and the next.

I'd actually be rather surprised if each week wasn't a pleasant surprise of increased hashrate until the brunt of the Bitfury Deliver comes.

Dave is supposed to be mining for LRM for at least 2 weeks with 400GH + 100GH for ever 3900 Shares sold (not sure til when) but there are 35,000 shares sold so we can probably expect Dave to mine with 1TH or so just for LRM, hopefully soon

It was 400GH + 100GH for every 3900 sold after the point of that announcement. I believe we hit 500GH and may be at 600GH. I'll have to look, I know it's close.

Oh ok, less than I thought but good nonetheless!

mmmerlin

sr. member

Activity: 266

Merit: 250

Quote from: BKM on August 26, 2013, 05:31:26 PM

Quote from: Lab_Rat on August 26, 2013, 04:42:55 PM

Quote from: Bargraphics on August 26, 2013, 03:49:57 PM

Quote from: BKM on August 26, 2013, 12:51:54 PM

Lab_Rat Mining is a long play - those that are short sighted are going to lose out on a good buying opportunity this week. I think he has proven himself with the launch and scaling up in the last few weeks. We could certainly be in for a nice surprise on hashing increases in this week and the next.

I'd actually be rather surprised if each week wasn't a pleasant surprise of increased hashrate until the brunt of the Bitfury Deliver comes.

Dave is supposed to be mining for LRM for at least 2 weeks with 400GH + 100GH for ever 3900 Shares sold (not sure til when) but there are 35,000 shares sold so we can probably expect Dave to mine with 1TH or so just for LRM, hopefully soon

It was 400GH + 100GH for every 3900 sold after the point of that announcement. I believe we hit 500GH and may be at 600GH. I'll have to look, I know it's close.

You any closer to listing how much hash power you have committed to buy and from who? Very curious if ordered cointerra and if you made the bullet run when you converted the July MR's to Monarchs?

I really wouldn't hold your breath on the Monarchs, that is going to be the greatest in a long line of cluster-fucks, mark my words...

And FWIW, "bullet runs" are not a thing - Google it. It's just them hoping that their first R&D run is actually usable and can be sold instead of being used for development... Worth recalling how that worked out for them last time.

EDIT: OK, maybe not the greatest, it would be hard to beat the current, on-going one, but certainly the latest. Basically anyone who thinks it'll be plain sailing is going to be disappointed. Though having said that, they have at least now qualified that delivery for the majority of orders won't be this year, which wasn't what it said in the initial announcement, so perhaps disappointment will be a little less...

BKM

sr. member

Activity: 315

Merit: 250

Quote from: Lab_Rat on August 26, 2013, 04:42:55 PM

Quote from: Bargraphics on August 26, 2013, 03:49:57 PM

Quote from: BKM on August 26, 2013, 12:51:54 PM

Lab_Rat Mining is a long play - those that are short sighted are going to lose out on a good buying opportunity this week. I think he has proven himself with the launch and scaling up in the last few weeks. We could certainly be in for a nice surprise on hashing increases in this week and the next.

I'd actually be rather surprised if each week wasn't a pleasant surprise of increased hashrate until the brunt of the Bitfury Deliver comes.

Dave is supposed to be mining for LRM for at least 2 weeks with 400GH + 100GH for ever 3900 Shares sold (not sure til when) but there are 35,000 shares sold so we can probably expect Dave to mine with 1TH or so just for LRM, hopefully soon

It was 400GH + 100GH for every 3900 sold after the point of that announcement. I believe we hit 500GH and may be at 600GH. I'll have to look, I know it's close.

You any closer to listing how much hash power you have committed to buy and from who? Very curious if ordered cointerra and if you made the bullet run when you converted the July MR's to Monarchs?

Lab_Rat

hero member

Activity: 599

Merit: 502

Token/ICO management

Listing some additional bonds today.

Lab_Rat

hero member

Activity: 599

Merit: 502

Token/ICO management

Quote from: Bargraphics on August 26, 2013, 03:49:57 PM

Quote from: BKM on August 26, 2013, 12:51:54 PM

Lab_Rat Mining is a long play - those that are short sighted are going to lose out on a good buying opportunity this week. I think he has proven himself with the launch and scaling up in the last few weeks. We could certainly be in for a nice surprise on hashing increases in this week and the next.

I'd actually be rather surprised if each week wasn't a pleasant surprise of increased hashrate until the brunt of the Bitfury Deliver comes.

Dave is supposed to be mining for LRM for at least 2 weeks with 400GH + 100GH for ever 3900 Shares sold (not sure til when) but there are 35,000 shares sold so we can probably expect Dave to mine with 1TH or so just for LRM, hopefully soon

It was 400GH + 100GH for every 3900 sold after the point of that announcement. I believe we hit 500GH and may be at 600GH. I'll have to look, I know it's close.

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

Quote from: BKM on August 26, 2013, 12:51:54 PM

Lab_Rat Mining is a long play - those that are short sighted are going to lose out on a good buying opportunity this week. I think he has proven himself with the launch and scaling up in the last few weeks. We could certainly be in for a nice surprise on hashing increases in this week and the next.

I'd actually be rather surprised if each week wasn't a pleasant surprise of increased hashrate until the brunt of the Bitfury Deliver comes.

Dave is supposed to be mining for LRM for at least 2 weeks with 400GH + 100GH for ever 3900 Shares sold (not sure til when) but there are 35,000 shares sold so we can probably expect Dave to mine with 1TH or so just for LRM, hopefully soon

BKM

sr. member

Activity: 315

Merit: 250

Quote from: mmmerlin on August 26, 2013, 08:47:09 AM

Quote from: Bargraphics on August 26, 2013, 08:04:10 AM

Quote from: mmmerlin on August 26, 2013, 08:00:25 AM

Quote from: Bargraphics on August 26, 2013, 07:49:34 AM

Quote from: Lab_Rat on August 25, 2013, 11:17:48 PM

Unfortunately this is an amount that will could effect the company in the short run and has resulted in my making the hard decision to cut half of the "extra" dividends paid out from this coming weeks dividends and I will be eating the other half. Consider it a bonus from me personally. I apologize to those purchasing bonds this week as they will see a slight pay-cut, but I hope to make up for this by increasing the hashrate significantly either this week or next. I hope everyone enjoyed the free BTC caused by a little error on BitFunder, but don't expect that to happen again Wink

Just for everyone reading this,

This will likely lower the share price but only for this week. Hold on to those shares while this gets fixed.

It should be pretty minor, I think the 50/50 split is commendable.

Ya it's not really a big deal, but people here seemed to be spooked easily.

True, but I think that the increase in hash-rate will more than compensate, and even the most short-sighted out there (and admittedly that's saying something) will be able to look more than one week into the future!

Lab_Rat Mining is a long play - those that are short sighted are going to lose out on a good buying opportunity this week. I think he has proven himself with the launch and scaling up in the last few weeks. We could certainly be in for a nice surprise on hashing increases in this week and the next.

mmmerlin

sr. member

Activity: 266

Merit: 250

Quote from: Bargraphics on August 26, 2013, 08:04:10 AM

Quote from: mmmerlin on August 26, 2013, 08:00:25 AM

Quote from: Bargraphics on August 26, 2013, 07:49:34 AM

Quote from: Lab_Rat on August 25, 2013, 11:17:48 PM

Unfortunately this is an amount that will could effect the company in the short run and has resulted in my making the hard decision to cut half of the "extra" dividends paid out from this coming weeks dividends and I will be eating the other half. Consider it a bonus from me personally. I apologize to those purchasing bonds this week as they will see a slight pay-cut, but I hope to make up for this by increasing the hashrate significantly either this week or next. I hope everyone enjoyed the free BTC caused by a little error on BitFunder, but don't expect that to happen again Wink

Just for everyone reading this,

This will likely lower the share price but only for this week. Hold on to those shares while this gets fixed.

It should be pretty minor, I think the 50/50 split is commendable.

Ya it's not really a big deal, but people here seemed to be spooked easily.

True, but I think that the increase in hash-rate will more than compensate, and even the most short-sighted out there (and admittedly that's saying something) will be able to look more than one week into the future!

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

Quote from: mmmerlin on August 26, 2013, 08:00:25 AM

Quote from: Bargraphics on August 26, 2013, 07:49:34 AM

Quote from: Lab_Rat on August 25, 2013, 11:17:48 PM

Unfortunately this is an amount that will could effect the company in the short run and has resulted in my making the hard decision to cut half of the "extra" dividends paid out from this coming weeks dividends and I will be eating the other half. Consider it a bonus from me personally. I apologize to those purchasing bonds this week as they will see a slight pay-cut, but I hope to make up for this by increasing the hashrate significantly either this week or next. I hope everyone enjoyed the free BTC caused by a little error on BitFunder, but don't expect that to happen again Wink

Just for everyone reading this,

This will likely lower the share price but only for this week. Hold on to those shares while this gets fixed.

It should be pretty minor, I think the 50/50 split is commendable.

Ya it's not really a big deal, but people here seemed to be spooked easily.

mmmerlin

sr. member

Activity: 266

Merit: 250

Quote from: Bargraphics on August 26, 2013, 07:49:34 AM

Quote from: Lab_Rat on August 25, 2013, 11:17:48 PM

Unfortunately this is an amount that will could effect the company in the short run and has resulted in my making the hard decision to cut half of the "extra" dividends paid out from this coming weeks dividends and I will be eating the other half. Consider it a bonus from me personally. I apologize to those purchasing bonds this week as they will see a slight pay-cut, but I hope to make up for this by increasing the hashrate significantly either this week or next. I hope everyone enjoyed the free BTC caused by a little error on BitFunder, but don't expect that to happen again Wink

Just for everyone reading this,

This will likely lower the share price but only for this week. Hold on to those shares while this gets fixed.

It should be pretty minor, I think the 50/50 split is commendable.

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

Quote from: Lab_Rat on August 25, 2013, 11:17:48 PM

Unfortunately this is an amount that will could effect the company in the short run and has resulted in my making the hard decision to cut half of the "extra" dividends paid out from this coming weeks dividends and I will be eating the other half. Consider it a bonus from me personally. I apologize to those purchasing bonds this week as they will see a slight pay-cut, but I hope to make up for this by increasing the hashrate significantly either this week or next. I hope everyone enjoyed the free BTC caused by a little error on BitFunder, but don't expect that to happen again Wink

Just for everyone reading this,

This will likely lower the share price but only for this week. Hold on to those shares while this gets fixed.

Dropthebass

newbie

Activity: 56

Merit: 0

Thanks for the update. I can't wait to see our hashing increasing ! Cheesy

Keep it up Lab Rat.

Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 255. (Read 452180 times)