Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 41.

Mindsync Miner

member

Activity: 69

Merit: 10

An independent miner.

Quote from: MWNinja on May 13, 2014, 01:28:15 AM

I've been thinking about this and I think Zach totally is trying to do the right thing by all of us. I'm trusting he didn't go buy a Ferrari with our money, and that we now have substantial hashrate and even more on the way. I just really wish there were more transparency. It's really not *that* hard to have a transparent operation.

Correct. Up until now the supposition has been that LR was gagged by his legal counsel so he couldn't disclose certain things or make promises outside the bindings of the contract.

Now that the new contract is in effect are we going to get some clear communication from LR? Please just chime in to let us know info is coming if you're not ready yet.

Many here have put our trust in you Labby. The bonus was appreciated but it's hard to tell what's going on. The vacuum of information just fans the fear and speculation. Our contracts have nearly zero sale value until there's clarity.

Please offer transparency or if not tell us why you're unable to offer it.

MWNinja

hero member

Activity: 630

Merit: 500

I've been thinking about this and I think Zach totally is trying to do the right thing by all of us. I'm trusting he didn't go buy a Ferrari with our money, and that we now have substantial hashrate and even more on the way. I just really wish there were more transparency. It's really not *that* hard to have a transparent operation.

Endlessa

sr. member

Activity: 335

Merit: 250

Quote from: grnbrg on May 12, 2014, 02:09:08 PM

Quote from: Endlessa on May 12, 2014, 01:42:50 PM

Quote from: VinceSamios on May 12, 2014, 10:39:48 AM

Quote from: Endlessa on May 11, 2014, 09:24:09 PM

I'm officially out of this mess. I have requested that LRM burn my shares and no longer pay anything to my wallets. Thank god I tested the waters (put a small amount in to be able to watch) before putting the rest of hardware budget into it.

Those who lost larger amounts have my sympathy. Feel free to contact me if you need help with anymore of this. I got away with minimal loss and after consideration realize, it's just not worth the time.

These shares are worthless to me. G' luck peeps. . .peace out. Not worth my time.

TLDR: wah wah wah tantrum wah

OMG the ball-less wonder takes another cheap shot on my way out. . . that's so unexpected.

One last Dear Diary:

Dear Diary,

Today Vince Samios, yes THE Vince Samios of Viral/Social Marketing Fame!, expressed some very elegantly worded disdain for me. I was crushed and I think I might end it all. . . . or NOT.

Endlessa -- Sorry to see you go. May you have better luck in other endeavours.

grnbrg.

Hey, I have no hard feelings to you (even when we might not see eye to eye)

It's been a long road, I said my piece directly to LR in email. It's best I walk away, cool off, and move on. For the sake of people,some of whom I consider friends, I hope it works out well and is made whole. For me, I just got a new PC in the mail after blowing the caps on my old one. I'll unbox it and by the time I've assembled it into it's case, I'll have forgotten all about this. Hehe best of luck

grnbrg

hero member

Activity: 509

Merit: 500

Official LRM shill

Quote from: Endlessa on May 12, 2014, 01:42:50 PM

Quote from: VinceSamios on May 12, 2014, 10:39:48 AM

Quote from: Endlessa on May 11, 2014, 09:24:09 PM

I'm officially out of this mess. I have requested that LRM burn my shares and no longer pay anything to my wallets. Thank god I tested the waters (put a small amount in to be able to watch) before putting the rest of hardware budget into it.

Those who lost larger amounts have my sympathy. Feel free to contact me if you need help with anymore of this. I got away with minimal loss and after consideration realize, it's just not worth the time.

These shares are worthless to me. G' luck peeps. . .peace out. Not worth my time.

TLDR: wah wah wah tantrum wah

OMG the ball-less wonder takes another cheap shot on my way out. . . that's so unexpected.

One last Dear Diary:

Dear Diary,

Today Vince Samios, yes THE Vince Samios of Viral/Social Marketing Fame!, expressed some very elegantly worded disdain for me. I was crushed and I think I might end it all. . . . or NOT.

Endlessa -- Sorry to see you go. May you have better luck in other endeavours.

grnbrg.

Endlessa

sr. member

Activity: 335

Merit: 250

Quote from: VinceSamios on May 12, 2014, 10:39:48 AM

Quote from: Endlessa on May 11, 2014, 09:24:09 PM

I'm officially out of this mess. I have requested that LRM burn my shares and no longer pay anything to my wallets. Thank god I tested the waters (put a small amount in to be able to watch) before putting the rest of hardware budget into it.

Those who lost larger amounts have my sympathy. Feel free to contact me if you need help with anymore of this. I got away with minimal loss and after consideration realize, it's just not worth the time.

These shares are worthless to me. G' luck peeps. . .peace out. Not worth my time.

TLDR: wah wah wah tantrum wah

OMG the ball-less wonder takes another cheap shot on my way out. . . that's so unexpected.

One last Dear Diary:

Dear Diary,

Today Vince Samios, yes THE Vince Samios of Viral/Social Marketing Fame!, expressed some very elegantly worded disdain for me. I was crushed and I think I might end it all. . . . or NOT.

runam0k

legendary

Activity: 1092

Merit: 1001

Touchdown

Quote from: fractal02 on May 12, 2014, 09:50:39 AM

We need an exchange...

LabRat, put that on Cryptostock or Havelock...for god sake...
We need trading our....

I know Bitfunder was a pretty bad story...but trading on a forum post is just a pain :/

Colored Coins is about to start/open/become a thing.

well.attenuated

newbie

Activity: 41

Merit: 0

Quote from: ICantThinkOfaName on May 12, 2014, 09:38:46 AM

Quote from: well.attenuated on May 12, 2014, 08:26:43 AM

Can someone generate a list of Dividends paid per share (old/new/whatever just specify) that have been paid since the over-payment in January?

DISCLAIMER: I suck at math.

Date Dividend/Share
25-Jan-2014 Overpayment day
01-Feb-2014 0.00040567
08-Feb-2014 0.00043432
15-Feb-2014 0.00043547
22-Feb-2014 0.00024280
01-Mar-2014 0.00036032
08-Mar-2014 0.00025698
Contract Split If Bonds hadn't split
15-Mar-2014 0.00009648 0.00028944
22-Mar-2014 0.00008908 0.00026725
29-Mar-2014 0.00007614 0.00022843
05-Apr-2014 0.00007495 0.00022486
12-Apr-2014 0.00005861 0.00017583
19-Apr-2014 0.00005671 0.00017012
26-Apr-2014 0.00004973 0.00014920
03-May-2014 0.00004359 0.00013076
Accepted New Contract
10-May-2014 0.00066619 0.00199856 (~15.28x increase over the week before)

Awesome, thanks

ICantThinkOfaName

full member

Activity: 146

Merit: 100

Quote from: xuyongpku on May 12, 2014, 10:46:03 AM

Quote from: ICantThinkOfaName on May 12, 2014, 09:38:46 AM

Quote from: well.attenuated on May 12, 2014, 08:26:43 AM

Can someone generate a list of Dividends paid per share (old/new/whatever just specify) that have been paid since the over-payment in January?

DISCLAIMER: I suck at math.

  Date    Dividend/Share
25-Jan-2014 Overpayment day
01-Feb-2014 0.00040567
08-Feb-2014 0.00043432
15-Feb-2014 0.00043547
22-Feb-2014 0.00024280
01-Mar-2014 0.00036032
08-Mar-2014 0.00025698
   Contract Split    If Bonds hadn't split
15-Mar-2014 0.00009648 0.00028944
22-Mar-2014 0.00008908 0.00026725
29-Mar-2014 0.00007614 0.00022843
05-Apr-2014 0.00007495 0.00022486
12-Apr-2014 0.00005861 0.00017583
19-Apr-2014 0.00005671 0.00017012
26-Apr-2014 0.00004973 0.00014920
03-May-2014 0.00004359 0.00013076
  Accepted New Contract
10-May-2014 0.00066619 0.00199856 (~15.28x increase over the week before)

why is my dividend only 0.00012653BTC per bond this week?

Did you email Lab Rat to accept the new contract before May 10th?

xuyongpku

newbie

Activity: 22

Merit: 0

Quote from: ICantThinkOfaName on May 12, 2014, 09:38:46 AM

Quote from: well.attenuated on May 12, 2014, 08:26:43 AM

Can someone generate a list of Dividends paid per share (old/new/whatever just specify) that have been paid since the over-payment in January?

DISCLAIMER: I suck at math.

Date Dividend/Share
25-Jan-2014 Overpayment day
01-Feb-2014 0.00040567
08-Feb-2014 0.00043432
15-Feb-2014 0.00043547
22-Feb-2014 0.00024280
01-Mar-2014 0.00036032
08-Mar-2014 0.00025698
Contract Split If Bonds hadn't split
15-Mar-2014 0.00009648 0.00028944
22-Mar-2014 0.00008908 0.00026725
29-Mar-2014 0.00007614 0.00022843
05-Apr-2014 0.00007495 0.00022486
12-Apr-2014 0.00005861 0.00017583
19-Apr-2014 0.00005671 0.00017012
26-Apr-2014 0.00004973 0.00014920
03-May-2014 0.00004359 0.00013076
Accepted New Contract
10-May-2014 0.00066619 0.00199856 (~15.28x increase over the week before)

why is my dividend only 0.00012653BTC per bond this week?

VinceSamios

sr. member

Activity: 448

Merit: 250

Quote from: Endlessa on May 11, 2014, 09:24:09 PM

I'm officially out of this mess. I have requested that LRM burn my shares and no longer pay anything to my wallets. Thank god I tested the waters (put a small amount in to be able to watch) before putting the rest of hardware budget into it.

Those who lost larger amounts have my sympathy. Feel free to contact me if you need help with anymore of this. I got away with minimal loss and after consideration realize, it's just not worth the time.

These shares are worthless to me. G' luck peeps. . .peace out. Not worth my time.

TLDR: wah wah wah tantrum wah

fractal02

hero member

Activity: 504

Merit: 500

$Profile photo of fractal02$

We need an exchange...

LabRat, put that on Cryptostock or Havelock...for god sake...
We need trading our....

I know Bitfunder was a pretty bad story...but trading on a forum post is just a pain :/

ICantThinkOfaName

full member

Activity: 146

Merit: 100

Quote from: well.attenuated on May 12, 2014, 08:26:43 AM

Can someone generate a list of Dividends paid per share (old/new/whatever just specify) that have been paid since the over-payment in January?

DISCLAIMER: I suck at math.

Date Dividend/Share
25-Jan-2014 Overpayment day
01-Feb-2014 0.00040567
08-Feb-2014 0.00043432
15-Feb-2014 0.00043547
22-Feb-2014 0.00024280
01-Mar-2014 0.00036032
08-Mar-2014 0.00025698
Contract Split If Bonds hadn't split
15-Mar-2014 0.00009648 0.00028944
22-Mar-2014 0.00008908 0.00026725
29-Mar-2014 0.00007614 0.00022843
05-Apr-2014 0.00007495 0.00022486
12-Apr-2014 0.00005861 0.00017583
19-Apr-2014 0.00005671 0.00017012
26-Apr-2014 0.00004973 0.00014920
03-May-2014 0.00004359 0.00013076
Accepted New Contract
10-May-2014 0.00066619 0.00199856 (~15.28x increase over the week before)

daemonfox

hero member

Activity: 630

Merit: 500

Quote from: Flashman on May 12, 2014, 08:38:03 AM

Quote from: well.attenuated on May 12, 2014, 08:26:43 AM

Can someone generate a list of Dividends paid per share (old/new/whatever just specify) that have been paid since the over-payment in January?

Instructions... look at asset listed posted, find address with convenient number of shares (1, 10, 100, 1000 etc) enter it into blockchain.info to see the transactions, photocopy your monitor to record list, then type it all into VisiCalc on your Apple II and do fancy shit.

LOL... yeah no... LRM needs to publish the past and current weekly breakdown... there was no reason to ever stop posting a weekly breakdown.

Flashman

hero member

Activity: 518

Merit: 500

Hodl!

Quote from: well.attenuated on May 12, 2014, 08:26:43 AM

Can someone generate a list of Dividends paid per share (old/new/whatever just specify) that have been paid since the over-payment in January?

Instructions... look at asset listed posted, find address with convenient number of shares (1, 10, 100, 1000 etc) enter it into blockchain.info to see the transactions, photocopy your monitor to record list, then type it all into VisiCalc on your Apple II and do fancy shit.

well.attenuated

newbie

Activity: 41

Merit: 0

Can someone generate a list of Dividends paid per share (old/new/whatever just specify) that have been paid since the over-payment in January?

runam0k

legendary

Activity: 1092

Merit: 1001

Touchdown

Quote from: daemonfox on May 12, 2014, 12:54:22 AM

How in the hell would divs increase AT ALL if contracts are no longer "proportional" just because someone agrees to the destruction of their contracts? It doesn't... it is just more BTC that will not go into divs... it just stays with LRM. On the old contract... yeah... that would have been the proper outcome... but someone relinquishing their contractual rights will not make our 100 MH/s contracted dividends increase unless it is counted as the "bonus".

Welcome to the new era of perpetual uncertainty and no disclosure requiring absolute, blind faith. Truth is, we will never really know. Fingers crossed for at least a small increase in the "bonus" when contracts are cancelled. And good luck modelling prices for these "contracts".

daemonfox

hero member

Activity: 630

Merit: 500

Quote from: grnbrg on May 11, 2014, 10:45:06 PM

Quote from: daemonfox on May 11, 2014, 10:39:16 PM

Nope... LRM will either keep paying it anyways or LRM will get to keep them if it is legal to do so.

I would suspect Lab_Rat will just nullify the contracts, and everyone's divs will go up a tiny percentag.

grnbrg.

How in the hell would divs increase AT ALL if contracts are no longer "proportional" just because someone agrees to the destruction of their contracts? It doesn't... it is just more BTC that will not go into divs... it just stays with LRM. On the old contract... yeah... that would have been the proper outcome... but someone relinquishing their contractual rights will not make our 100 MH/s contracted dividends increase unless it is counted as the "bonus".

bobfranklin

member

Activity: 116

Merit: 10

Quote from: grnbrg on May 11, 2014, 10:45:06 PM

Quote from: daemonfox on May 11, 2014, 10:39:16 PM

Nope... LRM will either keep paying it anyways or LRM will get to keep them if it is legal to do so.

I would suspect Lab_Rat will just nullify the contracts, and everyone's divs will go up a tiny percentag.

grnbrg.

I'd hope that'd be the course of action.

grnbrg

hero member

Activity: 509

Merit: 500

Official LRM shill

Quote from: daemonfox on May 11, 2014, 10:39:16 PM

Nope... LRM will either keep paying it anyways or LRM will get to keep them if it is legal to do so.

I would suspect Lab_Rat will just nullify the contracts, and everyone's divs will go up a tiny percentag.

grnbrg.

Endlessa

sr. member

Activity: 335

Merit: 250

Quote from: daemonfox on May 11, 2014, 10:39:16 PM

Quote from: bobfranklin on May 11, 2014, 10:37:26 PM

Quote from: Endlessa on May 11, 2014, 10:24:36 PM

Quote from: bobfranklin on May 11, 2014, 10:00:01 PM

Quote from: ICantThinkOfaName on May 11, 2014, 09:56:08 PM

Quote from: Endlessa on May 11, 2014, 09:24:09 PM

I'm officially out of this mess. I have requested that LRM burn my shares and no longer pay anything to my wallets. Thank god I tested the waters (put a small amount in to be able to watch) before putting the rest of hardware budget into it.

Those who lost larger amounts have my sympathy. Feel free to contact me if you need help with anymore of this. I got away with minimal loss and after consideration realize, it's just not worth the time.

These shares are worthless to me. G' luck peeps. . .peace out. Not worth my time.

I'm baffled why you wouldn't just sell them?

Or just let them continue to pay (even if it's small amounts it's still something).

Or give them to me Cheesy

No I want nothing to do with this. I don't want to sell them, because they are hardly worth anything near what I paid for them and I don't want to pass on what I consider to be a bad investment.

Fair enough, so the generated income goes into the ether then? Seems like a waste to me (cutting off the nose to spite the face sorta thing).
I've invested in worse but I do understand.

Nope... LRM will either keep paying it anyways or LRM will get to keep them if it is legal to do so.

If he keeps paying me, I"ll destory the keys so I no longer own the wallet. Like I said, I'm done and g' luck to those who are still here

Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 41. (Read 452224 times)