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[mmmerlin]

apparently they do not like much airflow so Zach might want to try them without the fans first

How does that work? They don't even have heatsinks (suck on that BFL!), how can they not like a little bit of ambient air movement?

[1714020058]

1714020058

[bittymitty]

This is good news for Labratmining.

I hope he has more coming soon

[||bit]

Lab Rat Mining bond price. Based on various info, deductions and price to dividend ratios...

Current week's average ~0.22btc

Speculation: ~December 1, 2013. Range, Low ~1.1btc, High ~1.76btc

Disclaimer: Even though I feel the numbers were fairly treated... this could, obviously, be very wrong.

Updated speculation: "Bond" price ~December 1, 2013: Low ~0.604BTC, High ~0.956BTC

Method (open for constructive critical evaluation):
.....................
Assumptions:
Price per "bond" will depend on dividends paid out weekly. (safe assumption)
Price per "bond" varies in a range of ~120x to ~190x weekly dividend per bond. (fair assumption based on observation)
Difficulty increases 30% every two weeks. (fair assumption)
Hash rate per "bond" should be roughly 600MH. (practical assumption: http://www.labratmining.com/currentHashrate.html)
--The hash rate may change quickly depending on new bonds sales and BTC value at time of hardware purchase.
All funded hashing power will be online before December. (hopeful assumption)

December 1st is the date in question. That is 6 increases in difficulty from the beginning of September). 1.3^6 = 4.82 times current difficulty. (Future difficulty: 419,609,073).

600MH (0.6GH) at that difficulty will yield daily: 0.0007191BTC/"bond"; weekly: 0.0050337BTC/"bond"
Source: http://www.bitcoinx.com/profit/

Therefore, the speculative bond price range:
Lo: 120 x 0.0050337 = 0.604044BTC/bond
Hi: 190 x 0.0050337 = 0.956403BTC/bond

Just by BTC value, these number can vary easily by +/-15%.
.....................

I hope making the method clear defuses any fears that this speculation is mere hype.

[ICantThinkOfaName]

I feel like we've had a lack of communication this week.  Especially seeing as how if Bit Fury is shipping, we should be seeing some decent increases in hashrate, between hardware purchases and contracted hardware.  While it's nice to see pictures and all, it would be nicer if the level of communication increased, if only on the "Such and such added to the hashrate today."  If you want to keep selling shares, Lab Rat, you need to keep up the communication of hashrate increses.  Hell, just updating your site with the latest numbers would do it.  I think the rest of LRM shareholders would disseminate information pretty quickly from there.  Maybe let grnbrg handle to communication end since he seems to be "in the know"?

[Bargraphics]

I feel like we've had a lack of communication this week.  Especially seeing as how if Bit Fury is shipping, we should be seeing some decent increases in hashrate, between hardware purchases and contracted hardware.  While it's nice to see pictures and all, it would be nicer if the level of communication increased, if only on the "Such and such added to the hashrate today."  If you want to keep selling shares, Lab Rat, you need to keep up the communication of hashrate increses.  Hell, just updating your site with the latest numbers would do it.  I think the rest of LRM shareholders would disseminate information pretty quickly from there.  Maybe let grnbrg handle to communication end since he seems to be "in the know"?

I think with the dividends that should come out today, they will speak for themselves.

I'm so excited!

But we really do need to get that "Current Hashrate" updated or linked to the actual hashrate somehow. It would be rather annoying to have to keep updating this manually, hopefully this is done soon.
Then all we need to know is that "More hardware came in" and we could just check the Current Hashrate to see what we're blazing at!

[twmz]

I feel like we've had a lack of communication this week.  Especially seeing as how if Bit Fury is shipping, we should be seeing some decent increases in hashrate, between hardware purchases and contracted hardware.  While it's nice to see pictures and all, it would be nicer if the level of communication increased, if only on the "Such and such added to the hashrate today."  If you want to keep selling shares, Lab Rat, you need to keep up the communication of hashrate increses.  Hell, just updating your site with the latest numbers would do it.  I think the rest of LRM shareholders would disseminate information pretty quickly from there.  Maybe let grnbrg handle to communication end since he seems to be "in the know"?

FYI, the hashrate shown at the private pool for LabRat is now 1.83 TH/s.

There is an API now for the pool that could be used to dynamically read the current hashrate.  If LabRat doesn't update his website in the next few days to start using the API (instead of requiring manual updates), then I'll put something together.

[Vedran Yoweri]

There is an API now for the pool that could be used to dynamically read the current hashrate.  If LabRat doesn't update his website in the next few days to start using the API (instead of requiring manual updates), then I'll put something together.

Should be a standard 'widget' thing on bitcointalk.org. Pretty essential thing for these mining 'bonds'.

[mmmerlin]

I feel like we've had a lack of communication this week.  Especially seeing as how if Bit Fury is shipping, we should be seeing some decent increases in hashrate, between hardware purchases and contracted hardware.  While it's nice to see pictures and all, it would be nicer if the level of communication increased, if only on the "Such and such added to the hashrate today."  If you want to keep selling shares, Lab Rat, you need to keep up the communication of hashrate increses.  Hell, just updating your site with the latest numbers would do it.  I think the rest of LRM shareholders would disseminate information pretty quickly from there.  Maybe let grnbrg handle to communication end since he seems to be "in the know"?

FYI, the hashrate shown at the private pool for LabRat is now 1.83 TH/s.

There is an API now for the pool that could be used to dynamically read the current hashrate.  If LabRat doesn't update his website in the next few days to start using the API (instead of requiring manual updates), then I'll put something together.

You, sir, are a gentleman, many thanks!

[grnbrg]

Dividends will be posted soon...  @Lab_Rat is installing new hardware first.  Any objections?  


grnbrg.

[fractal02]

Dividends will be posted soon...  @Lab_Rat is installing new hardware first.  Any objections?  


grnbrg.

Nope sir 

[mmmerlin]

Dividends will be posted soon...  @Lab_Rat is installing new hardware first.  Any objections?  


grnbrg.

Nope, good news indeed! Will the details of this be coming with the dividend announcement later? 

[fractal02]

Will the details of this be coming with the dividend announcement later? 

yes some news will be appreciate 

[BKM]

Dividends will be posted soon...  @Lab_Rat is installing new hardware first.  Any objections?  


grnbrg.

 I for one appreciate the leaness of LRM compared to other options..... lean and mean.

[mmmerlin]

Wooo, and they're in!

Up from ฿0.00066604 last week to ฿0.00080680. 

[Bargraphics]

Hashrate is increasing faster than Difficulty is increasing so we should keep seeing increased dividends payouts from the weeks prior unless a huge wave of people come and start buying up shares diluting them (We can only hope since that means more money for Lab Rat to buy Hashrate with!)

[mmmerlin]

Hashrate is increasing faster than Difficulty is increasing so we should keep seeing increased dividends payouts from the weeks prior unless a huge wave of people come and start buying up shares diluting them (We can only hope since that means more money for Lab Rat to buy Hashrate with!)

Indeed. It is worth noting that the dilution issue is a very real factor, and is in fact the reason that there are no longer unlimited amounts of bonds available for sale. Obviously if hardware was available off the shelf then this restriction wouldn't be necessary, but the latency between new bond purchases and hardware arrival necessitates limiting the availability of new bonds to protect the already standing investments. This was not done by accident.

[nwfella]

Dividends will be posted soon...  @Lab_Rat is installing new hardware first.  Any objections?  


grnbrg.

no..no...a thousand times no!!

*nice increase from last week fellas (especially if the second half-half of previous double dividend payout was also taken out of this one)...if so, i need a few more shares before next saturday

[John122]

*nice increase from last week fellas (especially if the second half-half of previous double dividend payout was also taken out of this one)...if so, i need a few more shares before next saturday

We're still missing a week of cuts on dividends. But yeah, it can't hurt you to get a few more shares. I just did! 

[Ashitank]

As per Lab_Rats post on bfl labs forum , we are hashing @ 2.5 Th/s & expected to jump to 4+ Th/s by next week,   Good times ahead

https://forums.butterflylabs.com/bitcoin-business-directory/3712-lab-rat-data-processing-llc-labratmining-official-announcement-38.html#post56504

[Lab_Rat]

http://www.labratmining.com/ << update