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Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 36. (Read 452170 times)

member
Activity: 116
Merit: 10
Wasn't having a go at Grnbrg at all Wink

Was just pointing out there might be a better way of doing it rather than telling 1 person some 'news' or 'reasons' but then saying "but don't tell anyone."

I appreciate hearing what's going on considering the flack copped as the intermediary but maybe there's a better way I'm suggesting? (and I'm leveling the responsibility with Zach still as said earlier).
full member
Activity: 146
Merit: 100
member
Activity: 102
Merit: 11
Hi,

I  think that Zach should put a little note on the website IN ADVANCE every week that he expects that there is going to be a dividend delay

MC

I hate blowing dates I've set.  Sorry.

Divs and more info will be done ASAP.  Probably tomorrow.  Zach has been out of town (and away from the cold wallets) and just got back today.

The reasons behind the delay are reasonable, and will be shared shortly.  I can't really say more at this point.



grnbrg.
member
Activity: 77
Merit: 10


 Grin

Poor grnbrg - I'm sure he's getting annoyed at LabRat's failure to appear.

Cheers

Dave
newbie
Activity: 14
Merit: 0
I hate blowing dates I've set.  Sorry.

Divs and more info will be done ASAP.  Probably tomorrow.  Zach has been out of town (and away from the cold wallets) and just got back today.

The reasons behind the delay are reasonable, and will be shared shortly.  I can't really say more at this point.

grnbrg.
Grnbrg, while the reasons may be _reasonable_to_you_, the facts are:
   (1) It is now Wednesday (3+ days late).
   (2) We're still without div. payments.
   (3) You say the reasons for the delay are good, but for some bizarre reason, you "can't" tell us what they are.

None of these three items seem "reasonable" at all.  Not blaming you, just pointing out a disturbing/annoying lack of coherence.....
member
Activity: 116
Merit: 10
As Wednesday draws to a close for me I'm wondering what's going on...it's a bit not cool now.
It's one thing to be off doing stuff/deals etc for the business, but kinda have to do the day to day as well.

The 3 basic things are the ones missing
- Pay Divs
- Report here/LRM website the div/bond that week (coins mined that week/total coins mined)
- Total hashrate in hand (and/or on order)

Carn, can't be that hard.
member
Activity: 83
Merit: 10
The last ETA was heavy on the E and light on the A.

This sucks.
member
Activity: 83
Merit: 10
I hate blowing dates I've set.  Sorry.

Divs and more info will be done ASAP.  Probably tomorrow.  Zach has been out of town (and away from the cold wallets) and just got back today.

The reasons behind the delay are reasonable, and will be shared shortly.  I can't really say more at this point.



grnbrg.

Thanks for the ETA, grnbrg.
member
Activity: 90
Merit: 10
I hate blowing dates I've set.  Sorry.

Divs and more info will be done ASAP.  Probably tomorrow.  Zach has been out of town (and away from the cold wallets) and just got back today.

The reasons behind the delay are reasonable, and will be shared shortly.  I can't really say more at this point.



grnbrg.

You're setting the bar pretty high there grnbrg.  Grin
hero member
Activity: 518
Merit: 500
Hodl!
Dividends are supposed to be paid on Sat, they should be paid on Sat, all this mishandling doesnt add up to the "trust me" tab.

Yah, going way overdrawn on the trust bank again.
member
Activity: 116
Merit: 10
I hate blowing dates I've set.  Sorry.

Divs and more info will be done ASAP.  Probably tomorrow.  Zach has been out of town (and away from the cold wallets) and just got back today.

The reasons behind the delay are reasonable, and will be shared shortly.  I can't really say more at this point.



grnbrg.

They're right, it's poor planning/foresight.
Preface - this isn't having a go at you either Grnbrg just the process

The 'reasons' I'm guessing you know (or part of), and granted you have more bonds in LRM than I do, but as I understand it there's also a kickback to you for various services etc. It kinda frustrates me that based on that fact alone we don't all get to know until Zach briefly rushes past the thread again. We're all investors of a fashion so shouldn't we all be privvy? Perhaps LRM.com needs a members only page for this kinda thing?

I'm just whinging...I've got a cold...and I'm at work...

-DiggeR
full member
Activity: 140
Merit: 100
.... You're not the one that should be doing this grn, its the owner task.

Dividends are supposed to be paid on Sat, they should be paid on Sat, all this mishandling doesnt add up to the "trust me" tab.
hero member
Activity: 509
Merit: 500
Official LRM shill
I hate blowing dates I've set.  Sorry.

Divs and more info will be done ASAP.  Probably tomorrow.  Zach has been out of town (and away from the cold wallets) and just got back today.

The reasons behind the delay are reasonable, and will be shared shortly.  I can't really say more at this point.



grnbrg.
member
Activity: 83
Merit: 10
Any ETA on dividends? Monday is almost over for NJ.
full member
Activity: 146
Merit: 100
Random, semi-related pic post of the day.

sr. member
Activity: 850
Merit: 331
Sorry, thought it was a migraine... again
member
Activity: 116
Merit: 10
Has lab_rat given this week's dividends?
I haven't received it.

6 Posts above this - Divs will be late, maybe monday this week due to some Secret Squirrel type adventure.
newbie
Activity: 22
Merit: 0
Has lab_rat given this week's dividends?
I haven't received it.
full member
Activity: 146
Merit: 100
Spreadsheet with divs per bond going back to day 1.  Also has approximate hashrate, div increase/decrease week over week, and profit % based on .15 BTC IPO.

https://docs.google.com/spreadsheets/d/1YnYihk2iWoxyD4fYMhwDbeVaQJRjBU_NVARqMXUIOd4/edit?pli=1#gid=0

If any one sees any glaring mistakes,  let me know.

Yeah...  I don't see a tip address.....

grnbrg.

Added! Grin
full member
Activity: 187
Merit: 109
Converting information into power since 1867
Spreadsheet with divs per bond going back to day 1.  Also has approximate hashrate, div increase/decrease week over week, and profit % based on .15 BTC IPO.

If any one sees any glaring mistakes,  let me know.

https://docs.google.com/spreadsheets/d/1YnYihk2iWoxyD4fYMhwDbeVaQJRjBU_NVARqMXUIOd4/edit?pli=1#gid=0
At this rate, we're right on track to 100% ROI by August 2017  Shocked

This is incorect... you are assuming Zach is not going to sell future contracts diluting our payouts and that future hardware purchases will continue to pay a bonus to us... it wont... by this time next year... the Bitfury miners we just got will not operate at a profit against power costs.

The only savior in all this is when LRM finally gets their damn Imperial Monarchs, if that is the choice Zach made.

Yes I was being sarcastic  Wink
In the world of Bitcoin mining, "ROI by 2017" is tantamount to "ROI never"... Only the Flying Spaghetti Monster knows if Bitcoin will even exist by then.

Obviously there are many unpredictable factors, both internal to LRM and environmental, which will affect success in the long term. At the rates of difficulty increase we've seen over the last year, ANY mining equipment (Imperial or otherwise) is useful for just a few months. By this time next year, it is quite possible that both Bitfury and BFL will be a distant memory.
My point is this: at IPO, the future looked bright and many of us hoped for 100% ROI in a matter of months. At this point we must accept that no particular deal Labrat strikes, no specific purchase of equipment, will get us the kind of return we're hoping for. LRM's only chance of making back the IPO investment is by continuously making smart reinvestment choices and keeping up with difficultly changes over the scale of years. So, hang tight and don't put too much hope on Monarchs...
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