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CumpsD
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August 28, 2013, 06:46:05 PM |
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Ah, I see, so are we currently hashing at 695 GH or is that the total ordered?
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mmmerlin
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August 28, 2013, 06:47:03 PM |
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How should one go about dealing with this value? Is one share = 1 bond = 600 MH/s? And if it is, what does it mean? If I enter 600 MH/s into this calculator: http://www.bitcoinx.com/profit/ I get 0.0046 BTC per 24h at current difficulty, which is 0,0322 per 7 days If 25% goes to LabRatMining for expansions, 0,02415 remains (75% of 0.0322) However, dividends are always in the order of 0.000x per share Or is one share = 1/100th of a bond? (This is not criticism, or whining, just a genuine question into understanding what a share means) Your initial interpretation is totally correct, the reason the dividends don't mirror your calculations at the moment is simply that the bulk of the hardware hasn't arrived yet. Some is arriving pretty soon, some a bit later, and some later still. As things ramp up the dividends will improve. (Yes, even despite the network growth.) Eventually they will level out once the hardware acquisitions slow, but your analysis of the number is correct, 1 share = 1 bond = 600MH/s (estimated, and eventually). |
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mmmerlin
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August 28, 2013, 06:47:50 PM |
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Ah, I see, so are we currently hashing at 695 GH or is that the total ordered?
That is currently. Estimated total is ~30TH/s |
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CumpsD
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August 28, 2013, 06:50:47 PM |
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Ah, I see, so are we currently hashing at 695 GH or is that the total ordered?
That is currently. Estimated total is ~30TH/s Thanks for the clarification So basiclly, 1 bond is now worth 695 GH * 1024 (to get to MH) / number of shares issued = ~18MH/s per bond Would be a nice extra statistic on the site  |
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Bargraphics
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August 28, 2013, 06:54:03 PM |
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Ah, I see, so are we currently hashing at 695 GH or is that the total ordered?
That is currently. Estimated total is ~30TH/s Thanks for the clarification So basiclly, 1 bond is now worth 695 GH * 1024 (to get to MH) / number of shares issued = ~18MH/s per bond Would be a nice extra statistic on the site All Calculations are in thousands 695GH * 1000 (To get MH) There are currently around 37,500 Shares Issued (There's like 2000 that were put out for purchase not sure if they were eaten up yet) That's roughly ~18.5MH/Bond correct  |
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mmmerlin
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August 28, 2013, 06:54:54 PM |
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Ah, I see, so are we currently hashing at 695 GH or is that the total ordered?
That is currently. Estimated total is ~30TH/s Thanks for the clarification So basiclly, 1 bond is now worth 695 GH * 1024 (to get to MH) / number of shares issued = ~18MH/s per bond Would be a nice extra statistic on the site It would indeed be a nice extra stat, but it changes quite a lot. You forgot in your calculation to multiply by 75% so it's actually more like ~14MH/s. (And just to be pedantic I think there are only 1,000 megahashes in a gigahash, though this is probably a semantic argument, and for another place ) |
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CumpsD
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August 28, 2013, 07:01:16 PM |
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Ah, I see, so are we currently hashing at 695 GH or is that the total ordered?
That is currently. Estimated total is ~30TH/s Thanks for the clarification So basiclly, 1 bond is now worth 695 GH * 1024 (to get to MH) / number of shares issued = ~18MH/s per bond Would be a nice extra statistic on the site It would indeed be a nice extra stat, but it changes quite a lot. You forgot in your calculation to multiply by 75% so it's actually more like ~14MH/s. (And just to be pedantic I think there are only 1,000 megahashes in a gigahash, though this is probably a semantic argument, and for another place ) Correct, forgot 75% Yeah, I'm a developer, Kilo, Mega, Giga, ... are 1024 multiples for me no Kibi Mibi stuff for me Thanks for your help, helped me a lot to understand better how my investment works |
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mmmerlin
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August 28, 2013, 07:06:35 PM |
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Ah, I see, so are we currently hashing at 695 GH or is that the total ordered?
That is currently. Estimated total is ~30TH/s Thanks for the clarification So basiclly, 1 bond is now worth 695 GH * 1024 (to get to MH) / number of shares issued = ~18MH/s per bond Would be a nice extra statistic on the site It would indeed be a nice extra stat, but it changes quite a lot. You forgot in your calculation to multiply by 75% so it's actually more like ~14MH/s. (And just to be pedantic I think there are only 1,000 megahashes in a gigahash, though this is probably a semantic argument, and for another place ) Correct, forgot 75% Yeah, I'm a developer, Kilo, Mega, Giga, ... are 1024 multiples for me no Kibi Mibi stuff for me Thanks for your help, helped me a lot to understand better how my investment works No probs, that's what we're here for (amongst other things). As to whether mega/giga are done in base 10 or (sort-of) base 2 for hash order-of-magnitude prefixes, I actually don't know. I imagine opinions and implementations differ... |
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Lab_Rat (OP)
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August 29, 2013, 04:19:06 PM |
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LabRatMining has now joined the Terahash Club. Just shy of 1.3TH and climbing rapidly!!! This is a momentous occasion for the company and it looks like 2TH is just around the corner.
Get your bonds at a decent price while you still can. From here on out we should see some big jumps in the next 4-5 weeks.
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mmmerlin
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August 29, 2013, 06:09:41 PM |
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LabRatMining has now joined the Terahash Club. Just shy of 1.3TH and climbing rapidly!!! This is a momentous occasion for the company and it looks like 2TH is just around the corner.
Get your bonds at a decent price while you still can. From here on out we should see some big jumps in the next 4-5 weeks.
This news certainly seems to be driving some purchases through |
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grnbrg
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August 29, 2013, 06:12:19 PM |
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LabRatMining has now joined the Terahash Club. Just shy of 1.3TH and climbing rapidly!!! This is a momentous occasion for the company and it looks like 2TH is just around the corner.
Get your bonds at a decent price while you still can. From here on out we should see some big jumps in the next 4-5 weeks.
This news certainly seems to be driving some purchases through Yeah, someone just dropped 99BTC (~$11k) on bonds. o.O grnbrg. |
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pixl8tr
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August 29, 2013, 06:13:06 PM |
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Yeah, sucks for me. Great for LRM. ;-) I want to increase my LRM position, but I was counting on my TH and Klondike boards to be operational by now. Might have to cash-in MtGox play money to buy some more.  Go GO LRM |
who | grep -i blonde | date; cd ~; unzip; touch; finger; bjobs; uptime; strip;. grab; mount; yes; umount; sleep; brun;
Donations: 18ByQvDUmaMKkQbYvUWmnPSu9BWeNxVMoc
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mmmerlin
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August 29, 2013, 06:36:17 PM |
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LabRatMining has now joined the Terahash Club. Just shy of 1.3TH and climbing rapidly!!! This is a momentous occasion for the company and it looks like 2TH is just around the corner.
Get your bonds at a decent price while you still can. From here on out we should see some big jumps in the next 4-5 weeks.
This news certainly seems to be driving some purchases through Yeah, someone just dropped 99BTC (~$11k) on bonds. o.O grnbrg. Yeah, that's a pretty big buy!  |
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mmmerlin
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August 29, 2013, 06:38:05 PM |
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Yeah, sucks for me. Great for LRM. ;-) I want to increase my LRM position, but I was counting on my TH and Klondike boards to be operational by now. Might have to cash-in MtGox play money to buy some more. Go GO LRM I think a lot of people thought they would have a lot of things by now... I was sure I'd bet on the right horse for such a long time, which makes it an even more bitter pill to swallow to only now discover that the people I've been defending all this time have, in fact, screwed me.  |
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pixl8tr
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August 29, 2013, 06:48:35 PM |
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I think a lot of people thought they would have a lot of things by now... I was sure I'd bet on the right horse for such a long time, which makes it an even more bitter pill to swallow to only now discover that the people I've been defending all this time have, in fact, screwed me. I hear Ya. The more I think about the future for me, Its heading out of owning mining equipment, and more investing into cloud mining ventures like LRM. GPU , FPGA, ASIC mining was fun while it lasted, but the future is not there. After this current clusterfuck with Bitsyncom, sadly, it has made my decision for me. Cheers. |
who | grep -i blonde | date; cd ~; unzip; touch; finger; bjobs; uptime; strip;. grab; mount; yes; umount; sleep; brun;
Donations: 18ByQvDUmaMKkQbYvUWmnPSu9BWeNxVMoc
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mmmerlin
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August 29, 2013, 06:56:01 PM |
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I think a lot of people thought they would have a lot of things by now... I was sure I'd bet on the right horse for such a long time, which makes it an even more bitter pill to swallow to only now discover that the people I've been defending all this time have, in fact, screwed me. I hear Ya. The more I think about the future for me, Its heading out of owning mining equipment, and more investing into cloud mining ventures like LRM. GPU , FPGA, ASIC mining was fun while it lasted, but the future is not there. After this current clusterfuck with Bitsyncom, sadly, it has made my decision for me. Cheers. If it makes you feel any better it's probably still not as bad as having a relatively early order for a lot of Singles with BFL... I ordered Jalapenos for all my friends, and saw them arrive months ago, and they've made >300% back already. My Singles will probably never pay for themselves now and they were ordered at the same time (and for a lot more money!). Still, I said from the start, high risk, high reward... |
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Bargraphics
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August 29, 2013, 11:13:13 PM |
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Less than 400 Shares left at the .225 Price.
More money to purchase additional hashrate!
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mmmerlin
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August 30, 2013, 12:24:05 AM |
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Less than 400 Shares left at the .225 Price.
More money to purchase additional hashrate!
That's the aim of the game! |
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PoUpA
Member
 Offline
Activity: 93
Merit: 10
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August 30, 2013, 09:35:26 AM |
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We're now at ~24MH/s per bond
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