Post
Topic
Board Securities
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
by
daemonfox
on 08/06/2014, 02:58:26 UTC

Actually the math says its still only representing ~100TH/s.

Nice thing about the bonus: gives a way to compare our 17.7 TH/s to the bonus amount to estimate overall mine hash.

Sad thing about the bonus: it is completely up to Lab_Rat to pay it and at what amount so it could be LESS than 75% of what is mined on top of our 17.7 TH/s or mathematically figured to make it look like w/e TH/s he feels we should see.

i.e. Bonus coins mined divided by Contractual coins mined = Ratio : (Ratio * 17.7 TH/s) + 17.7 TH/s = Net Hashrate : Net Hashrate divided by .75 = Approximate mine hashrate.

18.5 BTC/5.79241206 BTC   = 3.194
(3.194 X 17.7 TH/s) + 17.7 TH/s = 74.2338 TH/s Net Hashrate
74.2338 TH/s / .75 = 98.9784 TH/s Approximate mine TH/s

See where I am going with this? Numbers do not lie... they are just wrong if all the variables aren't entered. Hashrate is missing or all the coins mined on top of our contractual hash is being paid at far less than 75% since Lab_Rat said we were "North of 100 TH/s" when he responded to that question.

Of course that is all speculation due to lack of info... except I do know CEX had pool issues this week so... that may be a part of it... except that would be reflected in the numbers for contractual as well as bonus so... no telling what is real at this point.