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Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
Looks like the approximate hash rate has spiked significantly.
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
So how do dividends work now? Based on 100 mh/s per bond and 3 times original bond quantity?
There were some posts about increased hashrate earlier in the week. Is it confirmed we have more gear on line? How is this going to be handled vis a vis bond quantities / hashrate per bond and "dividends"?
Given that we are expecting our distribution today, it might be a good time to give an update.... maybe.
There were some posts about increased hashrate earlier in the week. Is it confirmed we have more gear on line? How is this going to be handled vis a vis bond quantities / hashrate per bond and "dividends"?
Given that we are expecting our distribution today, it might be a good time to give an update.... maybe.
For me it looks like:
0.07351809 BTC on 254 "bonds"
or 0.07351809 on 762 "new bonds"
Last week I got 0.06527283 BTC on the same number of bonds..
Which is a 12.63% increase this week.. not the 20% quoted by LR, but likely there was a difficulty increase or bad pool luck..
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
I will make an attempt to clarify #4 in one quick sentence but the rest you can read a little more for. Everyone who has contracts at this point in time is an "early purchaser" of contracts. The company is still young and people should not be looking at this like it's all going to end in 3-4 months. I can't count how many times I've stated Bitcoin is not a sprint it's a marathon. For over 2 years people said that graphics cards were not profitable and in 4-6 months people will stop mining so much, but every time someone said that the price went up and they remained profitable. Change =/= Death.
This is probably the most hopeful thing I've heard in the last few days on this thread.
I'm serious - no sarcasm whatsoever.
If you're in for the long haul then that is reassuring.
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
Granted, that is true. However, what I am suggesting is soliciting the help of community members, individuals who operate enterprises of a similar nature to LRM, or anyone who may have information that is helpful. I'm suggesting being open to help from them rather than writing them off as not being similar enough - someone may have something to contribute, if only you were to solicit the help. If LRM hasn't been operating illegally this whole time, then there is no harm in talking in the open about what challenges we face and how we can productively overcome them. If LRM has been operating illegally this whole time then I can understand your hesitance to ask for help and talk about specifics.
Bottom line: Ask the community for help regardless of how well versed you think they are.
The closest would be James Gibson's giga/teramining ventures as they are in the US and have handled issues in the past, but they are fixed hashrate payout schemes, not variable.
This still seems like a closed response from you.
Let's try something more direct and to the point.
1)Are you willing to ask the community for help?
2)If so, when will you formally solicit help from the community, stakeholders, investors etc?
3)If not, is it because you fear that LRM has been operating illegally?
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
Found an almost exact analogy...
http://en.wikipedia.org/wiki/Community_Shared_Agriculture
The way those work here is you buy a "share" in the commodities produced by the farm and each week you get your share of production. The people who buy shares don't own the farm, just it's output.
Find legal basis for those, structure LRM accordingly.
http://en.wikipedia.org/wiki/Community_Shared_Agriculture
The way those work here is you buy a "share" in the commodities produced by the farm and each week you get your share of production. The people who buy shares don't own the farm, just it's output.
Find legal basis for those, structure LRM accordingly.
This is interesting.
What have you been doing with your spare time? If our investment is important to you, and LRM as a company is important to you, then I implore you to use the brains in this community to problem solve this and then make actual practical decisions and actions based on the bondholders input and guidance. This is our money after all. Make a post soliciting help, contact the bitcoin foundation, contact anyone with any experience in this who runs a legitimate buisness - talk to CEX.io, talk to ANYONE... rather than just stay silent as the ship sinks.
1) Solicit help. 2) Make informed descisions. 3) Take positive action. 4) Quell the masses with pitchforks and torches.
CEX.io is on a different boat than LRM, although they are definitely breaching MSB issues within the US whether they operate in or out of the country.
Granted, that is true. However, what I am suggesting is soliciting the help of community members, individuals who operate enterprises of a similar nature to LRM, or anyone who may have information that is helpful. I'm suggesting being open to help from them rather than writing them off as not being similar enough - someone may have something to contribute, if only you were to solicit the help. If LRM hasn't been operating illegally this whole time, then there is no harm in talking in the open about what challenges we face and how we can productively overcome them. If LRM has been operating illegally this whole time then I can understand your hesitance to ask for help and talk about specifics.
Bottom line: Ask the community for help regardless of how well versed you think they are.
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
Found an almost exact analogy...
http://en.wikipedia.org/wiki/Community_Shared_Agriculture
The way those work here is you buy a "share" in the commodities produced by the farm and each week you get your share of production. The people who buy shares don't own the farm, just it's output.
Find legal basis for those, structure LRM accordingly.
http://en.wikipedia.org/wiki/Community_Shared_Agriculture
The way those work here is you buy a "share" in the commodities produced by the farm and each week you get your share of production. The people who buy shares don't own the farm, just it's output.
Find legal basis for those, structure LRM accordingly.
This is interesting.
What have you been doing with your spare time? If our investment is important to you, and LRM as a company is important to you, then I implore you to use the brains in this community to problem solve this and then make actual practical decisions and actions based on the bondholders input and guidance. This is our money after all. Make a post soliciting help, contact the bitcoin foundation, contact anyone with any experience in this who runs a legitimate buisness - talk to CEX.io, talk to ANYONE... rather than just stay silent as the ship sinks.
1) Solicit help. 2) Make informed descisions. 3) Take positive action. 4) Quell the masses with pitchforks and torches.
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
I'm still at a loss as to how this is remotely fair or legal..
I've got 38.1 BTC invested with you LabRat. You've killed any chance of us seeing our investments remotely returned...
0.82 BTC dividends on 38.1 BTC investment.... what a tragedy.
I vote for you to liquidate the company's assets and buy back our bonds for whatever pittance you get for the hardware.
I've got 38.1 BTC invested with you LabRat. You've killed any chance of us seeing our investments remotely returned...
0.82 BTC dividends on 38.1 BTC investment.... what a tragedy.
I vote for you to liquidate the company's assets and buy back our bonds for whatever pittance you get for the hardware.
Quote
Highest Bid: 0.062
Lowest Ask: 0.055
BID:
1000@0.01 mmmerlin
100@0.022 7cZ0
500@0.025 mmmerlin
100@0.03 contactmike1
250@0.03 dot99
15@0.032 Flashman
25@0.041 mmmerlin
3@0.062 DerrickS
ASK:
254@0.03 kaneda2004 --- Dot99 and contactmike1 pm me
125@0.055 phraust
10@0.057 holgerr (you need to take all 10 - I will pay trading fee)
25@0.059 yuhannl
162@0.06 karusloom
16@0.065 brox
75@0.06595 BKM
200@0.066 pidge (happy to split trading fee for trades over 10 bonds, will pay trading fee for trades over 20 bonds)
25@0.075 bittymitty (Happy to split the trading fee for trades over 5 bonds)
200@0.087 carnoto
150@0.094 greenbean
283@0.095 woeliewoelie
200@0.0999 MWNinja
6441@0.10 Available direct from LRM
9@0.10999 juasux
24@0.11 KonstantinosM
100@0.135 rustyh17
335@0.16 pixl8tr
45@0.175 PoUpA
100@0.19 mboehler
4@0.251 garwaybeast
2000@0.275 mmmerlin
101@0.31 VinceSamios
101@0.35 VinceSamios
500@0.35 contactmike1
101@0.39 VinceSamios
500@0.45 contactmike1
1000@0.50 mmmerlin
11@0.75 Flashman
1000@0.99 M31
Lowest Ask: 0.055
BID:
1000@0.01 mmmerlin
100@0.022 7cZ0
500@0.025 mmmerlin
100@0.03 contactmike1
250@0.03 dot99
15@0.032 Flashman
25@0.041 mmmerlin
3@0.062 DerrickS
ASK:
254@0.03 kaneda2004 --- Dot99 and contactmike1 pm me
125@0.055 phraust
10@0.057 holgerr (you need to take all 10 - I will pay trading fee)
25@0.059 yuhannl
162@0.06 karusloom
16@0.065 brox
75@0.06595 BKM
200@0.066 pidge (happy to split trading fee for trades over 10 bonds, will pay trading fee for trades over 20 bonds)
25@0.075 bittymitty (Happy to split the trading fee for trades over 5 bonds)
200@0.087 carnoto
150@0.094 greenbean
283@0.095 woeliewoelie
200@0.0999 MWNinja
6441@0.10 Available direct from LRM
9@0.10999 juasux
24@0.11 KonstantinosM
100@0.135 rustyh17
335@0.16 pixl8tr
45@0.175 PoUpA
100@0.19 mboehler
4@0.251 garwaybeast
2000@0.275 mmmerlin
101@0.31 VinceSamios
101@0.35 VinceSamios
500@0.35 contactmike1
101@0.39 VinceSamios
500@0.45 contactmike1
1000@0.50 mmmerlin
11@0.75 Flashman
1000@0.99 M31
Hate that it has to come to this, but there are too many bills. PM me to discuss fees based on how many shares you want.
FTFY - added the leading 0 on the ask
Highest Bid: 0.055
Lowest Ask: 0.07
BID:
1000@0.01 mmmerlin
100@0.022 7cZ0
500@0.025 mmmerlin
100@0.03 contactmike1
200@0.03 elitenoob
250@0.03 dot99
250@0.031 sparky999
15@0.032 Flashman
100@0.04 elitenoob
25@0.041 mmmerlin
250@0.045 sparky999
5@0.05 bichitotu
3@0.055 DerrickS
ASK:
254@0.07 kaneda2004
16@0.074 brox
25@0.075 bittymitty (Happy to split the trading fee for trades over 5 bonds)
150@0.086 alittledevil
200@0.087 carnoto
162@0.09 Karusloom
150@0.092 alittledevil
150@0.094 greenbean
283@0.095 woeliewoelie
200@0.0999 MWNinja
10@0.0999 holgerr (you need to take all 10 - I will pay trading fee)
6441@0.10 Available direct from LRM
9@0.10999 juasux
24@0.11 KonstantinosM
100@0.135 rustyh17
335@0.16 pixl8tr
45@0.175 PoUpA
100@0.19 mboehler
4@0.251 garwaybeast
2000@0.275 mmmerlin
101@0.31 VinceSamios
101@0.35 VinceSamios
500@0.35 contactmike1
101@0.39 VinceSamios
500@0.45 contactmike1
1000@0.50 mmmerlin
11@0.75 Flashman
1000@0.99 M31
Lowest Ask: 0.07
BID:
1000@0.01 mmmerlin
100@0.022 7cZ0
500@0.025 mmmerlin
100@0.03 contactmike1
200@0.03 elitenoob
250@0.03 dot99
250@0.031 sparky999
15@0.032 Flashman
100@0.04 elitenoob
25@0.041 mmmerlin
250@0.045 sparky999
5@0.05 bichitotu
3@0.055 DerrickS
ASK:
254@0.07 kaneda2004
16@0.074 brox
25@0.075 bittymitty (Happy to split the trading fee for trades over 5 bonds)
150@0.086 alittledevil
200@0.087 carnoto
162@0.09 Karusloom
150@0.092 alittledevil
150@0.094 greenbean
283@0.095 woeliewoelie
200@0.0999 MWNinja
10@0.0999 holgerr (you need to take all 10 - I will pay trading fee)
6441@0.10 Available direct from LRM
9@0.10999 juasux
24@0.11 KonstantinosM
100@0.135 rustyh17
335@0.16 pixl8tr
45@0.175 PoUpA
100@0.19 mboehler
4@0.251 garwaybeast
2000@0.275 mmmerlin
101@0.31 VinceSamios
101@0.35 VinceSamios
500@0.35 contactmike1
101@0.39 VinceSamios
500@0.45 contactmike1
1000@0.50 mmmerlin
11@0.75 Flashman
1000@0.99 M31
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
Labrat, can you give us an update on where all the LRM hardware orders are at? IE: number of TH from which vendor, and expected time to delivery for that specific hardware order?
I know this has probably been covered in other posts, however I'd like to see a current post-holiday update from Labrat directly.
Thanks kindly.
I know this has probably been covered in other posts, however I'd like to see a current post-holiday update from Labrat directly.
Thanks kindly.
Odd, my ask price was way off... corrected now.
Highest Bid: 0.05
Lowest Ask: 0.07
BID:
1000@0.01 mmmerlin
100@0.022 7cZ0
500@0.025 mmmerlin
35@0.0275 Bittymitty
25@0.041 mmmerlin
14@0.044 countduckula
5@0.0445 Jeffrey
100@0.05 elitenoob
ASK:
50@0.07 levi
30@0.08 ChrisFor
373@0.089 carnoto
8@0.09 maqifrnswa
283@0.095 woeliewoelie
7597@0.1 Available direct from LRM
24@0.11 KonstantinosM
100@0.135 rustyh17
254@0.159 kaneda2004
335@0.16 pixl8tr
45@0.175 PoUpA
100@0.19 mboehler
4@0.251 garwaybeast
2000@0.275 mmmerlin
500@0.30 contactmike1
101@0.31 VinceSamios
101@0.35 VinceSamios
500@0.35 contactmike1
101@0.39 VinceSamios
500@0.40 contactmike1
500@0.45 contactmike1
1000@0.50 mmmerlin
1000@0.99 M31
Highest Bid: 0.05
Lowest Ask: 0.07
BID:
1000@0.01 mmmerlin
100@0.022 7cZ0
500@0.025 mmmerlin
35@0.0275 Bittymitty
25@0.041 mmmerlin
14@0.044 countduckula
5@0.0445 Jeffrey
100@0.05 elitenoob
ASK:
50@0.07 levi
30@0.08 ChrisFor
373@0.089 carnoto
8@0.09 maqifrnswa
283@0.095 woeliewoelie
7597@0.1 Available direct from LRM
24@0.11 KonstantinosM
100@0.135 rustyh17
254@0.159 kaneda2004
335@0.16 pixl8tr
45@0.175 PoUpA
100@0.19 mboehler
4@0.251 garwaybeast
2000@0.275 mmmerlin
500@0.30 contactmike1
101@0.31 VinceSamios
101@0.35 VinceSamios
500@0.35 contactmike1
101@0.39 VinceSamios
500@0.40 contactmike1
500@0.45 contactmike1
1000@0.50 mmmerlin
1000@0.99 M31
Highest Bid: 0.0445
Lowest Ask: 0.073
BID:
1000@0.01 mmmerlin
100@0.022 7cZ0
500@0.025 mmmerlin
35@0.0275 Bittymitty
100@0.031 BKM
25@0.041 mmmerlin
14@0.044 countduckula
5@0.0445 Jeffrey
ASK:
69@0.073 vitruvio
60@0.08 rkim
100@0.09 bittymitty
44@0.091 garwaybeast
283@0.095 woeliewoelie
270@0.10 elitenoob
61@0.10 Phraust
24@0.11 KonstantinosM
100@0.135 rustyh17
254@0.0159 kaneda2004
335@0.16 pixl8tr
45@0.175 PoUpA
100@0.19 mboehler
500@0.20 contactmike1
500@0.25 contactmike1
2000@0.275 mmmerlin
500@0.30 contactmike1
101@0.31 VinceSamios
101@0.35 VinceSamios
101@0.39 VinceSamios
500@0.40 contactmike1
1000@0.50 mmmerlin
1000@0.99 M31
BID:
1000@0.01 mmmerlin
100@0.022 7cZ0
500@0.025 mmmerlin
35@0.0275 Bittymitty
100@0.031 BKM
5@0.0315 Jeffrey
25@0.041 mmmerlin
ASK:
254@0.079 kaneda2004
60@0.08 rkim
100@0.09 bittymitty
283@0.095 woeliewoelie
270@0.10 elitenoob
61@0.10 Phraust
44@0.10 garwaybeast
24@0.11 KonstantinosM
100@0.135 rustyh17
44@0.15 garwaybeast
335@0.16 pixl8tr
45@0.175 PoUpA
100@0.19 mboehler
500@0.20 contactmike1
500@0.25 contactmike1
2000@0.275 mmmerlin
500@0.30 contactmike1
500@0.40 contactmike1
1000@0.50 mmmerlin
1000@0.99 M31
BID:
1000@0.01 mmmerlin
100@0.022 7cZ0
500@0.025 mmmerlin
35@0.0275 Bittymitty
5@0.03 Jeffrey
ASK:
25@0.06 ipxtreme
100@0.065 rustyh17
60@0.08 rkim
100@0.09 bittymitty
283@0.095 woeliewoelie
270@0.10 elitenoob
61@0.100 Phraust
44@0.15 garwaybeast
335@0.16 pixl8tr
45@0.175 PoUpA
100@0.19 mboehler
500@0.20 contactmike1
500@0.25 contactmike1
2000@0.275 mmmerlin
500@0.30 contactmike1
500@0.40 contactmike1
1000@0.50 mmmerlin
Removing my ask for now... let's see what Labrat has in store for us tomorrow...
Quote
BID:
50@0.030 Bittymitty
500@0.025 mmmerlin
100@0.022 7cZ0
140@0.013 fishnet
1000@0.01 mmmerlin
ASK:
254@0.064 kaneda2004
100@0.065 rustyh17
60@0.08 rkim
100@0.09 bittymitty
283@0.095 woeliewoelie
270@0.10 elitenoob
61@0.100 Phraust
335@0.16 pixl8tr
100@0.19 mboehler
500@0.20 contactmike1
500@0.25 contactmike1
2000@0.275 mmmerlin
500@0.30 contactmike1
500@0.40 contactmike1
1000@0.50 mmmerlin
50@0.030 Bittymitty
500@0.025 mmmerlin
100@0.022 7cZ0
140@0.013 fishnet
1000@0.01 mmmerlin
ASK:
254@0.064 kaneda2004
100@0.065 rustyh17
60@0.08 rkim
100@0.09 bittymitty
283@0.095 woeliewoelie
270@0.10 elitenoob
61@0.100 Phraust
335@0.16 pixl8tr
100@0.19 mboehler
500@0.20 contactmike1
500@0.25 contactmike1
2000@0.275 mmmerlin
500@0.30 contactmike1
500@0.40 contactmike1
1000@0.50 mmmerlin
Changed my ask.
BID:
185@0.036 BKM
38@0.035 ksenter
50@0.030 Bittymitty
500@0.025 mmmerlin
100@0.022 7cZ0
1000@0.01 mmmerlin
ASK:
254@0.049 kaneda2004
311@0.050 Phraust
72@0.06 fishnet (all or none)
100@0.065 rustyh17
60@0.08 rkim
100@0.09 bittymitty
283@0.095 woeliewoelie
270@0.10 elitenoob
335@0.16 pixl8tr
500@0.20 contactmike1
500@0.25 contactmike1
2000@0.275 mmmerlin
500@0.30 contactmike1
500@0.40 contactmike1
1000@0.50 mmmerlin
185@0.036 BKM
38@0.035 ksenter
50@0.030 Bittymitty
500@0.025 mmmerlin
100@0.022 7cZ0
1000@0.01 mmmerlin
ASK:
254@0.049 kaneda2004
311@0.050 Phraust
72@0.06 fishnet (all or none)
100@0.065 rustyh17
60@0.08 rkim
100@0.09 bittymitty
283@0.095 woeliewoelie
270@0.10 elitenoob
335@0.16 pixl8tr
500@0.20 contactmike1
500@0.25 contactmike1
2000@0.275 mmmerlin
500@0.30 contactmike1
500@0.40 contactmike1
1000@0.50 mmmerlin