I could at least put together a web app that can serve as a master share list and payment spreadsheet exporter that LabRat and grnbrg can use to prevent stuff like this happening in the future.
Could you code up a CEX.IO style set up or at least lead a team that can? CEX.IO desperately needs some competition and I think we have the resources and need to give it some..... lets turn a problem into an opportunity |
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It seems this issue has a common history with the still unresolved method for bond trading. BitFunder didn't only make trading bonds as easy as it should be, but it apparently made dividend payouts easy & error resistant.
What we need is an LRM version of CEX.io Some cost for dev up front but I have not doubt at all it would return big time to the bondholders - I for one vote we take 10 btc or so and get it coded up along the same lines |
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There are a couple people that have a lot of shares, but something is def. wrong. But lets give LR time to correct it, im 100 percent confident that he will make good on all dividends. If someone could post the google sheet that shows how many shares each address has. I dont know how many I have "exactly" I know within a hundred shares on how many i own, but a link would be appreciated, that way Ill know if I was over/under paid..
The corrections are coming out right now for those who were underpaid |
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People like the one noted a few posts above are prob gonna cut and run with their huge payout on single digit shares...
It is going to be hard to convince them not to...
Bottom line... what will happen to addresses that refuse to repay, and how will that affect the rest of us? where is that extra BTC going to come from... not future divs I hope... no way that is on the bond holders shoulders... we can't control other holder's actions nor can we control how divs are sent.
It sucks but LR is going to most likely take the hit for this - there is nothing in his past approach to such issues which leads me to believe that bondholders will be on the hook for a mistake such as this. It will be a credit to character (karma?) of those bondholders that elect to return the unearned btc. Those that cut and run should have their bonds cancelled back to LRM and LRM collect on the divs due those bonds until they are even. Just my two satoshis |
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mine seem to be okay. I received about 10 percent less than what I received last week.. Does that sound right? Looking at the payments, one address received almost 5 coins, now I know that there are a couple big investors, but I dont think they would be that big... a total of about 45 coins were sent out... Something is def. off.. How many coins were sent out last week?
OK - come to think of it - this is wrong - my divs are about 55% of last week...... didn't take the time to look at it closely until now. [Edit:] I just received another payment from one of two LRM addresses which brings me to approximately BTC0.000524306 per bond now. This appears to correct the error total as this is very close to last week accounting for the diff. Thanks for the quick fix LR. |
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Divs received.... feeling the difficulty pain now.....
When is that new gear arriving BTW?
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Just WOW...
I would call that 3/3 at bat walk offs for Lab_Rat...
Nailing down a nice deal with Dave and BitFury...
Getting in on the ground with MegabigPower...
Making it into the CoinSeed start up and securing our future mine...
2014 looks bright for LRM and we owe Lab_Rat for that... I can't wait to see how this unfolds for us.
Yes - it is good to see that we have these opportunities as a result of Zach's hard work. When will the additional 156+TH/s be online? |
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Interesting... But I don't get the point. Instead of buying lots of BitFury gear and having LR manage our mining operation, we invest in a startup that buys lots of BitFury gear and hires LR to manage their mining operation. Where's the beef? A big order to get in on, and share resources with. Trying to get numbers. grnbrg. Megabigpower has 129 400 GH/s units in stock now for sale at $16 Gh/s as of this moment. One would imagine that the 5 MM in gear is either delivered and in the process of being set up or delivering imminently. They likely need to show substantive progress towards this milestone to trigger the round two money. Nevertheless, there is still no indication what this actually means for bondholders.... yet  |
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At the risk of blowing all of my credibility....
I'm told there will be news today.
grnbrg.
"Up on the high wire, I hear the crowd begin to call Some want you to fly, some want to see you fall Now and then I stumble, but I ain't fallen yet Your love helps me forget, I'm working without a net" Waylon Jennings |
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I will say one thing as this is a side note to the actual release. Power costs are far UNDER $0.02/kWh for LRM starting in March so LRM is not going anywhere for a very very very long time.
My two satoshis -- there can be only One.  |
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I will say one thing as this is a side note to the actual release. Power costs are far UNDER $0.02/kWh for LRM starting in March so LRM is not going anywhere for a very very very long time.
From that.... then I'm guessing your moving operations to the northwest... will be about time. Or out of the US... Iceland was on the table a few month ago or??? Oh, the speculation and antici, pation. |
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All winterpeggers excel at indoor sports so I'm told Apparently we're no longer welcome in Anaheim.... grnbrg. definitely not Disney material.... on topic - moar bones! |
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All winterpeggers excel at indoor sports so I'm told |
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I will say one thing as this is a side note to the actual release. Power costs are far UNDER $0.02/kWh for LRM starting in March so LRM is not going anywhere for a very very very long time.
Music to a miner's ears Lab_Rat  Cheap power -- well, that's more than cheap! It adds up when you're burning MegaWatts though...  mmmmmmm bone, nom, nom, nom |
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Hmmm- looks like we are due for another straight up blue line step..... imminently  |
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Dunno why people are coming down on grnbrg -- I quite enjoyed the heads up that info was coming, and even LR himself said he'd possibly post something that very evening. Obviously there were some variables that were not initially apparent, and I'd prefer that LR post definites than maybes, so for me the wait isn't a big deal. grnbrg had nothing to do with that, and I for one would still enjoy his tidbits of news (so don't let the mob dissuade you grnbrg!). He said it was great news, which is good enough for me. LR will undoubtedly post something very soon. My guess: we'll get somewhere in the range of 300TH/s --> 3PH/s in the chute. plus, GD BFL will be delivering in... 2 weeks. I await the word of the LR Huzzah good sir Mirty |
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I hope that(I also want 2 weeks) or really epic news... Teasing and then wait 4 days is just so evil.....
From what I've been told, it is pretty epic. I thought it was going to be tease and wait an hour or so.... grnbrg. Wait an hour or so, and then tease us a little more? Slow Monday in grexland? The proletariat is sharpening their bitcoin wallets! |
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The news is not quite ready. I filled grnbrg in on a few things so he now understands why the news is worth waiting for. It's just being coordinated with a couple people. Apology on the delay, but I will not say "2 more weeks" because it's imminent. Just going to let the suspense build even more! Just please no pointy sticks, or dull ones for that matter. P.S. The jet-lag is from me returning from a trip that is part of the news. Mmmmmmmmm - bone ---- Nom nom nom |
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Midnight. Oh well...  A few hours to go here on the left coast - C'mon LR - throw us a bone dude.... |
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