BTW: When I visited him in May, and posted pictures from his datacentres, I spent a lot of time and effort faking the GPS locations in the EXIF metadata and NO ONE NOTICED!!
I am disappoint.
grnbrg.
Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 4. (Read 452224 times)
March 10, 2015, 09:14:58 PM
March 10, 2015, 09:01:18 PM
Well any updates... Think there was a bunch of staff supposed to happen in the 1Q.
Email or PM LabRat and cc grnbrg, see if they respond. I doubt LR is checking this thread.
I suspect he is still dealing with the lawsuit. But even that is just speculation on my part.
I wish I had more to share.
grnbrg.
March 10, 2015, 06:49:34 PM
Well any updates... Think there was a bunch of staff supposed to happen in the 1Q.
Email or PM LabRat and cc grnbrg, see if they respond. I doubt LR is checking this thread.
March 10, 2015, 10:22:59 AM
Well any updates... Think there was a bunch of staff supposed to happen in the 1Q.
Email or PM LabRat and cc grnbrg, see if they respond. I doubt LR is checking this thread. March 10, 2015, 06:12:28 AM
Zach is making around 1.15 coins per day from mining and pays out approx 2 days worth of mining to the investors.
The rest is going in his pocket and to pay power. This should be illegal if it already isn't.
Where are the rest of the coins going and where is the ~ 500BTC refund from BFL?
Any updates on the lawsuit?
The rest is going in his pocket and to pay power. This should be illegal if it already isn't.
Where are the rest of the coins going and where is the ~ 500BTC refund from BFL?
Any updates on the lawsuit?
Well any updates... Think there was a bunch of staff supposed to happen in the 1Q.
March 09, 2015, 04:53:43 PM
Zach is making around 1.15 coins per day from mining and pays out approx 2 days worth of mining to the investors.
The rest is going in his pocket and to pay power. This should be illegal if it already isn't.
Where are the rest of the coins going and where is the ~ 500BTC refund from BFL?
Any updates on the lawsuit?
The rest is going in his pocket and to pay power. This should be illegal if it already isn't.
Where are the rest of the coins going and where is the ~ 500BTC refund from BFL?
Any updates on the lawsuit?
March 09, 2015, 04:40:33 PM
ate Registered: October 23, 2012, 03:20:48 AM
Last Active: January 25, 2015, 02:42:53 AM
0% you're ever going to hear from him again.
Last Active: January 25, 2015, 02:42:53 AM
0% you're ever going to hear from him again.
March 09, 2015, 09:02:24 AM
My dream scenario is that Zach gets his BFL refund in bitcoins and immediately distributes them to the bond holders so that the lawyers can't get them. That would be a wonderful "bonus" for the week.
March 09, 2015, 02:01:14 AM
Few minutes after my post I received the divs while normally it's on saturday and mine are lower than the week before.
March 08, 2015, 07:50:11 PM
Hmm- I got divs. Slightly higher than last week.
March 08, 2015, 01:03:38 PM
So, no divs this week.... or maybe never more
February 16, 2015, 11:20:35 PM
Yeah, pretty much. "Nothing to see here" for a long time now.
I don't think labrats website has been updated since October last year either.
I should probably look back into the lawsuit again and see whats going on with it.
I don't think labrats website has been updated since October last year either.
I should probably look back into the lawsuit again and see whats going on with it.
After power and rent is paid and Labby deducts his monster salary to pay for his lawyer and new house and expenses, there is nothing left for us measly bondholders.
Another one bites the dust.
http://www.coindesk.com/bitcoin-miner-aquifer-files-for-chapter-11-bankruptcy/
How long can Labrat hold on?
February 11, 2015, 10:32:01 AM
Yeah, pretty much. "Nothing to see here" for a long time now.
I don't think labrats website has been updated since October last year either.
I should probably look back into the lawsuit again and see whats going on with it.
I don't think labrats website has been updated since October last year either.
I should probably look back into the lawsuit again and see whats going on with it.
February 05, 2015, 07:04:14 PM
January 20, 2015, 04:20:54 PM
Since the beginning "misinformation was the business tactic". We didn't really know the hashing power every week, we didn't know the hardware bought or the amount reinvested and where. Now we don't know about BFL refund. Not even a little accounting with earnings and expenses. With this info maybe if the business was a failure because of factors not attributable directly to him (BFL, wrong calculated expenses) now he could haven't been sued.
Basically he only promised reinvest 75% of earnings, an excel sheet with inputs and outputs would be enough.
As smracer stated, he can be, perfectly, getting a big amount of mining's profit for himself.
Any log of hashing power in a pool can be a proof in a lawsuit.
Basically he only promised reinvest 75% of earnings, an excel sheet with inputs and outputs would be enough.
As smracer stated, he can be, perfectly, getting a big amount of mining's profit for himself.
Any log of hashing power in a pool can be a proof in a lawsuit.
January 20, 2015, 04:19:09 PM
Not a hot tub... A private pool as stated on the site ;-)
January 20, 2015, 03:29:56 PM
http://www.labratmining.com/currentHashrate.php
Showing up blanks for contracted hashrate. Explain please.
Showing up blanks for contracted hashrate. Explain please.
I believe all the hash rate is in the private pool now. Surprising it still doesn't have stats on the site. Figured that would have been done a while ago.
It took me about 5 minutes to add a php api call to put my own hashrate on my site. Maybe Zach is busy relaxing in his hot tub in his new house that he bought with investor dollars.
January 16, 2015, 11:25:56 PM
http://www.labratmining.com/currentHashrate.php
Showing up blanks for contracted hashrate. Explain please.
Showing up blanks for contracted hashrate. Explain please.
I believe all the hash rate is in the private pool now. Surprising it still doesn't have stats on the site. Figured that would have been done a while ago.
January 16, 2015, 09:46:58 PM
http://www.labratmining.com/currentHashrate.php
Showing up blanks for contracted hashrate. Explain please.
Showing up blanks for contracted hashrate. Explain please.
January 16, 2015, 09:41:48 PM
I hate it when I miss the reply notification. My ear were burning, so I checked in....
I'll poke Zach for an update of some sort.
grnbrg.
HE'S ALIVE!!!! @_0 I'll poke Zach for an update of some sort.
grnbrg.
Jump to: