-

[grnbrg]

Monarch Proto V2 :

October 19th, 2012: 


Just sayin'.... 



grnbrg.

[||bit]

Just sayin'....  



grnbrg.

lol... as I interpret it as symbolism to mean "in hand".

[grnbrg]

Just sayin'....  



grnbrg.

lol... as I interpret it as symbolism to mean "in hand".

I was also pointing out the date that picture was released.  October, 2012....


grnbrg.

[Flashman]

I'm kind of optimistic that "second time around" BFL will be closer to their initial projected ship date than Hashfast and Cointerra are.... but I'm still done with ordering vapor from anyone.

[BKM]

Just sayin'....  



grnbrg.

lol... as I interpret it as symbolism to mean "in hand".

I was also pointing out the date that picture was released.  October, 2012....


grnbrg.

And in the vein of pointing things out,,,,.....------......,,,, any updates?

[Ashitank]

grnbrg  is keeping us people entertained as lab_rat requested but I think we all are more interested in some real news about progress or current status of LRM with hardware , hashrate e.t.c

[a2offrb]

List: https://drive.google.com/folderview?id=0BwZCh0jtSZkwQXhYSVhzaWZUcmc&usp=sharing

HW has started coming in as I said and I will be setting aside this (not including previous hashrate) revenue for new hardware until 14 days after all hardware is received... depending on the pricing I can get with Dave this will mean a lot of hardware in addition to what is being added right now.

Sorry for no updates, been a little busy.  grnbrg, entertain these people!!!

How long will take from 1st unit received to "all hardware received"? You already hashing about week on new hardware and still no sign of when

all hardware is received for this shipment

Dave stated he'd be setting up hardware next week and getting it ready to send out.  He will be sending it out in large bundles probably over the course of a week to 14 days as setting up this much equipment isn't an easy task.  It will start rolling in next week and what it accumulates between time of arrival and 14 days after it is all received will 100% go into additional hardware.  Dave is speaking of major major price decreases between this order and the next which means that the coins this equipment mines will not only have more purchasing power in terms of equipment price, but also BTC price.

Still any numbers?
1) How much is now hashing "for hardware"?
2) How much is already mined for new hardware?
3) What percentage of HW did u received?

[Bargraphics]

Got a good feeling about today! 

[fractal02]

Got a good feeling about today! 

My body is ready (and my wallet to  ) !

[grnbrg]

Just got a note from Lab_Rat...  Divs will be a bit late today, but will go out.  And volume is low, but there is only one more shipment of BF gear from Dave, and then we'll start to cruise.  He's waiting until everything is plugged in and verified before posting actual numbers.

https://www.youtube.com/watch?v=FsqJFIJ5lLs



grnbrg.

[ninthgate]

Just got a note from Lab_Rat...  Divs will be a bit late today, but will go out.  And volume is low, but there is only one more shipment of BF gear from Dave, and then we'll start to cruise.  He's waiting until everything is plugged in and verified before posting actual numbers.

https://www.youtube.com/watch?v=FsqJFIJ5lLs



grnbrg.

well played, grnbrg.  well played.

[Ashitank]

Just got a note from Lab_Rat...  Divs will be a bit late today, but will go out.  And volume is low, but there is only one more shipment of BF gear from Dave, and then we'll start to cruise.  He's waiting until everything is plugged in and verified before posting actual numbers.

https://www.youtube.com/watch?v=FsqJFIJ5lLs

grnbrg.

Cool & understandable , now please do belly dance for us   

[grnbrg]

Cool & understandable , now please do belly dance for us   

https://www.youtube.com/watch?v=t5whaRkuipU


grnbrg.

[Flashman]

So we're back to this again? ...

https://www.youtube.com/watch?v=t93PJlv3EgQ

[grnbrg]

So we're back to this again? ...

https://www.youtube.com/watch?v=t93PJlv3EgQ

LOL, burn! 

Although I do think Labby has a much better track record than BFL does.


grnbrg.

[Lab_Rat]

Hey everyone, I've decided to suck it up and deal with the fact that there are going to be more bondholders coming in saying they want their bonds.  Just because someone wasn't paying attention doesn't mean I should remove their bonds out from under them, but what I will do from this week forward is forfeit their rolled over dividends to the Verified bondholders.

This means that if you have not verified your ownership of bonds by 11/16.  I'm not managing your accrued dividends for free and I will give them to the people who have gone ahead and verified.  I will be keeping the list for the next 6 months at which point your bonds will be dissolved if legally acceptable.

This week we got slammed with a huge difficulty jump, but I see that the difficulty will either stay the same or go down if there isn't too much more hashrate added in the next 10 days or so.

<tinfoil_hat>

I bet ASICMiner has been mining for themselves in the Philippines and that Typhoon wiped them out dropping the network hashrate...

</tinfoil_hat>

But in real news.  LRM has about 12-13TH up, another 17TH going up by end of day Tuesday and I believe only one more shipment (maybe 2) from Dave of an unknown size before the 14 day period officially begins.  This shipment is all but guaranteed to be this coming week.

I'm excited to see how much HW this period brings in as the prices will be significantly lower on this next batch of HW.

My goal is to have 100+TH up by the end of the year, but I'm thinking Feb is a more likely estimate.

Back to verifying the last few trades and verification emails before sending out divs for the week (and I know the quantity is low this week) but were about to see a jump to ~1% of the network.

I'm thinking of throwing in a few of my coins this week to make the Divs hurt a little less this week, I'll let you know how the numbers look power-wise to see if I can afford it. (Don't want to operate in the red)

EDIT:

To clarify, ~5.25TH that existed before the BF gear coming in is mining for LRM while all new hardware is mining toward new hardware until 14 days after it's all in from Dave.

[fractal02]

Thank you LabRat

I have a question...maybe offtopic or stupid.

With all this hardware coming (it's almost a perpetual chase in fact) have you in the futur some "refurb" plan ?
Selling old Hardware for new ones.

With pretty good price for your lovely bond holders... 

[Lab_Rat]

Thank you LabRat

I have a question...maybe offtopic or stupid.

With all this hardware coming (it's almost a perpetual chase in fact) have you in the futur some "refurb" plan ?
Selling old Hardware for new ones.

With pretty good price for your lovely bond holders... 

I've been thinking of listing the in hand BFL gear as it's worth more to other people than it is to this company.

Would anyone be interested in buying Singles or LS?

These proceeds would go directly into more efficient gear for LRM.

[grnbrg]

Bonds are paying out.  Looks like 0.000557995BTC per bond.


grnbrg.

[Lab_Rat]

Bonds are paying out.  Looks like 0.000557995BTC per bond.


grnbrg.

correct! except I think you meant dividends, not bonds...