Post
Topic
Board Securities
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
by
Bargraphics
on 21/11/2013, 21:18:44 UTC
Actually starting Dec 9. Our bonds will be worth at least 20,000,000MH/55561 (Bonds) = 359.96MH/Bond

Woohoo, I'm doing good then, a used 5830 would have been at least 0.5btc when I bought in, and AM BE USBs were probably still a whole coin.  Tongue

Shouldn't that be 5,000,000M/h in hand plus  at least 30,000,000 M/h of new equipment as below.

(But in real news.  LRM has about 12-13TH up, another 17TH going up by end of day Tuesday and I believe only one more shipment (maybe 2) from Dave of an unknown size before the 14 day period officially begins)

that would be 35,000,000 M/h / 55561 = 629 M/h per bond.

please correct me if I am wrong.

:facepalm:  Don't people bother to even try to look for answers before asking questions?

From 4 posts back:

(Hardware) will start rolling in next week and what it accumulates between time of arrival and 14 days after it is all received will 100% go into additional hardware.  


100%* of the Bitcoin earned by the new hardware, between the date it arrived and was plugged in, and December 9th will go to purchase of new hardware.  The next 3 dividend payments will be taken from the original ~5TH/s that has been running since early October.  The new hardware is an additional 15-20TH/s.

* Based on the proposition posted at LabRatMining.com, it may be 100%, less a few percent for electrical costs and rent.



grnbrg.

So between 20-25TH it looks like based on grnbrgs post.