Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 35. (Read 452224 times)

May be of interest... https://drive.google.com/folderview?id=0BwZCh0jtSZkwUjMzQmxDMGZuS2s&usp=sharing

So what everyone really wants to know is ....

What is our current hashrate?

And what will the hashrate be into the future?

In response to previous post.  This seems pretty accurate (didn't check 100% but trust it from the looks), but mine has conversions to USD based on BTC "closing" price on days of payments as well.

I have this, but it's midnight and I entertained grnbrg all day with tours of hosting locations and food.  Will add the most recent couple weeks to it and post in the next couple days.

This was actually true, not a dream.... 

Hello all,

Distributions are going out with this post.

The payment you are about to receive is for the previous week as well as the days between May 24th and today (11 days ending May 28th.)  This payment is for a completely up to date list in terms of ownership and regarding new or old contracts as of today.

I'm going to start this post with a brief update on the build out of the most recently received hardware.  The build out did not go as planned by any means which resulted in plenty of lost coins and added expenses.  The datacenter owner was unprepared for the heat and power consumption drawn by this equipment on a large scale.  Although there were major delays in hardware installment, he is not solely to blame.  There was miscommunication, a transformer failure, AC issues, and a cut fiber line that resulted in additional lost time and revenue.  In short, the hardware has been moved this previous weekend to a different and 100% reliable hosting location and is already at the max which is 40% over the previous max hashrate up to that point.  Unfortunately, this move had the hardware down most of the week, and additionally cost a significant figure in fees and moving costs.  This will result in no bonus this previous week or coming Saturday to recover the company's expenses.

The great news is that from here on we are exactly where we should be and bonuses should be increasing and a little more stable.  To boot the BTC price rose $100 a pop as well!!!

I will be giving more frequent updates and being more transparent whenever possible going forward as some of the major issues are now out of the way.  This will give me much more time to focus on contract holders and the growth of the company again.

This weeks (11 days) distribution details:

BTC:11.81682227
BTC / contract: 0.00006700


This does mean the upcoming payment will be low as it's only a few days worth of coins, but I think we'll all be very happy with the following payout!

-Lab_Rat

Yeah essentially the number of bonds held has tripled and each one is worth 100mhash. So you get three times the original number of bonds you had @ 100mhash each. All new bonds will be purchased at 100mhash as well.

Well I know as much as being confirmed in that list and also seen in that doc you provided I am confirmed and also moved into new contracts. How big is each contract going to be as this is confusing and looking at it old is 300MH and new is 100MH per contract. What one does one get if moved over. Do I get new or old as it is not clearly outlined


Any way of getting a date added to our contracts starting date or bought and moved over and some info to tell ourselves what we are now getting and what we where original getting and now currently getting and in effect?

Here is the updated list which will show who has confirmed etc

https://docs.google.com/file/d/0Byur3uoeAOQnVkxQSlhsQ1laTTU1U000QktzdnZ3dUJNZ3g0/edit?usp=sharing

Out of the 377 Bondholders 202 (53.5%) of them have moved to the new contract.

Other than that - not too much.

Have their been any updates regarding moving forward. I followed instructions in email and got confirmation I was confirmed. Is their a new site with details on or is it the same old site and updates and details can be found on it etc??

There is only one contract, the first one. Let LR/Zach live in his fantasy world where he can change the rules of the game as he sees fit. Just wait, the first legal challenge will send the rat running with his tail between his legs...

LOL

New equipment does go into the dividend pool, after two weeks.  I know people complain that it's not contractually guaranteed (and it isn't), but you'll make more money selling out at these lows if you don't believe there will be new equipment.  Why hold?

Well you could dream that he was setting up new equipment.  And you never know, he may just be doing that...  However, if he is, what is the chance it would actually get put into the LRM pool for dividend payments?
Considering we are now at 100MH/s with an undefined optional "bonus" payment for being good little suckers and promising not to sue...

www.youtube.com/watch?v=waEC-8GFTP4

Its the same excuse I use about exercise, I am way to busy for that.

Can we dream that he's too busy because he's setting up new equipment?

[rumor]
Zach is dead/running/has migraine/out of town
[/rumor]

Needs more T+A.