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countduckula
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November 23, 2013, 06:12:59 PM
 #2001

He needs to take time every saturday to post himself the results in detail of every week! and the hardware changes as well! 1 day a week, 10 mins?

I guess its not that much to ask!

fractal02
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November 23, 2013, 06:13:23 PM
 #2002



https://www.youtube.com/watch?v=P_2PEtt77Ps

Got a note from Lab_Rat that pool luck was crappy this week.  Dividends are going to be less pretty than expected.  Sad



grnbrg.

Proof please (pool results)...
M31
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November 23, 2013, 06:33:40 PM
 #2003

I just realized in my quick typing I said "another 17TH" when I meant up to 17TH.

We currently have 21TH up, another 2 I just got in from Dave and a couple TH in BFL gear I'm moving.

Should total ~25TH of which all but 5.25-5.5TH will be mining for hardware.  The 14 days will begin Monday as I will have everything settled in and running smooth.
12/8 will be the last day of mining for hardware with the newly acquired bunch.  From then on out I will be putting a decent amount into reinvestment.  I am looking for the absolute best reinvestment opportunity at the time being as we will have accrued a decent amount of coin from this period.  I will also likely be putting in some personal coin and cash to increase the purchasing power of the company.

I am going to work a lot today to get everything updated, but to start.  Here's the updated list: https://drive.google.com/folderview?id=0BwZCh0jtSZkwQXhYSVhzaWZUcmc&usp=sharing

Thanks LR!  ..especially for applying some extra purchasing power with your own loot!  That 100TH number you mentioned is certainly a great goal to shoot for...

I'm looking forward very much to 12/9, and what it looks like to have all the power pointed directly at us.  Having 21TH right now is awesome - have you done all the calculations as to how much that's made so far since you started setting up the new hardware as it came in? (so, how much we already have in the hardware bank?).  I'm guessing that's part of what you'll be posting today, and certainly a mob-pleasing bit of info though not necessary by any means as undoubtedly some mob-factions would want to micromanage things if they had more information.

Keep up the good work, but please don't spontaneously combust from overdoing it! Smiley
goddardnet
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November 23, 2013, 06:33:54 PM
 #2004

Looks like a few over 20 BTC for this week !

Correct me if I am wrong (please..)
MaxwellsDemon
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November 23, 2013, 06:37:54 PM
 #2005

What does "From then on out I will be putting a decent amount into reinvestment" mean exactly?

+1

Does this mean the dividends will be less than 75% after the 14 days are over? Or that a larger proportion of LR's 25% will go to reinvestment?


He needs to take time every saturday to post himself the results in detail of every week! and the hardware changes as well! 1 day a week, 10 mins?

I guess its not that much to ask!

Another +1

I appreciate the hard work LR has been putting in. After investing in multiple mining-related ventures, I can safely say few have proven as competent and reliable as LR. But surely, it can't be that hard to provide a little more transparency.

We're hunting for Leviathan, and Bitcoin is our harpoon.
Lab_Rat (OP)
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November 23, 2013, 06:58:11 PM
 #2006

What does "From then on out I will be putting a decent amount into reinvestment" mean exactly?

+1

Does this mean the dividends will be less than 75% after the 14 days are over? Or that a larger proportion of LR's 25% will go to reinvestment?


He needs to take time every saturday to post himself the results in detail of every week! and the hardware changes as well! 1 day a week, 10 mins?

I guess its not that much to ask!

Another +1

I appreciate the hard work LR has been putting in. After investing in multiple mining-related ventures, I can safely say few have proven as competent and reliable as LR. But surely, it can't be that hard to provide a little more transparency.

Clarifying that I will be putting up a decent amount for reinvestment*** It will be coming out of LRM's 25%

As per pool luck... Go there and view the charts... Yesterday was good, but the majority of the week was bad.

I am actually curious as to how others on BitFunder/BTCT.co handled getting booted... From what I heard a lot just looked for a cheap buyout of their bond/share/contract holders and jumped ship.

Lab_Rat (OP)
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November 23, 2013, 06:59:50 PM
 #2007

Looks like a few over 20 BTC for this week !

Correct me if I am wrong (please..)

No correction to be made unfortunately...  Undecided Things will skyrocket 12/8-12/14 though.

Lab_Rat (OP)
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November 23, 2013, 07:01:14 PM
 #2008

I believe I've updated the entire website. Please kindly let me know if I missed something stupid... I'll fix it immediately.

Ashitank
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November 23, 2013, 07:03:29 PM
 #2009

I believe I've updated the entire website. Please kindly let me know if I missed something stupid... I'll fix it immediately.

Could please tell us from whom are you going to buy future hardware from , bitfury is good but their shipment delays to us have cost us dear , how about picking-up 2nd hand KNC gear from people bailing out of mining.
hamburgerhelper
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November 23, 2013, 07:05:52 PM
 #2010

As a miner lucky enough to have bet on KnC, I can bet that very few KnC customers are "bailing out of mining."
Lab_Rat (OP)
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November 23, 2013, 07:07:44 PM
 #2011

I believe I've updated the entire website. Please kindly let me know if I missed something stupid... I'll fix it immediately.

Could please tell us from whom are you going to buy future hardware from , bitfury is good but their shipment delays to us have cost us dear , how about picking-up 2nd hand KNC gear from people bailing out of mining.

At this time it is undecided, but I'm in contact with multiple suppliers.

Ashitank
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November 23, 2013, 07:12:24 PM
 #2012

I believe I've updated the entire website. Please kindly let me know if I missed something stupid... I'll fix it immediately.

Could please tell us from whom are you going to buy future hardware from , bitfury is good but their shipment delays to us have cost us dear , how about picking-up 2nd hand KNC gear from people bailing out of mining.

At this time it is undecided, but I'm in contact with multiple suppliers.

Other than Bitfury & BFl gear , have you made any pre-order deals with any other manufacturers ie. cointera , hashfast , I would also request you to please look into Vitrual Mining corp, you could probably have a word with VMC CEO Ken slaughter on this forum to see if you can make a deal work with them because I believe VMC has got prototype chip in hand already hashing.
mboehler
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November 23, 2013, 07:13:22 PM
 #2013

Clarifying that I will be putting up a decent amount for reinvestment*** It will be coming out of LRM's 25%

As per pool luck... Go there and view the charts... Yesterday was good, but the majority of the week was bad.

I am actually curious as to how others on BitFunder/BTCT.co handled getting booted... From what I heard a lot just looked for a cheap buyout of their bond/share/contract holders and jumped ship.

Thanks, Lab_Rat!  It's so good to receive some updated news.  Just an update on a semi-regular period is really all we're asking for. Smiley

What pool is LRM mining at again?  I'd like to go see the charts.  Not that I have any doubt that luck was down.  I just like to look at the information.

Thanks again!
tabbek
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November 23, 2013, 07:15:14 PM
 #2014



As per pool luck... Go there and view the charts... Yesterday was good, but the majority of the week was bad.




It probably wouldn't hurt to cite on http://www.labratmining.com/currentHashrate.php  specifically what pool or pools you are pointing the miners at, and if possible, a way of actually viewing the mining stats rather than everyone waiting for the sporadic updates (the pretty chart is nice and all... but I'd like to see actual numbers myself).
fractal02
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November 23, 2013, 07:19:37 PM
 #2015

I believe I've updated the entire website. Please kindly let me know if I missed something stupid... I'll fix it immediately.

Could please tell us from whom are you going to buy future hardware from , bitfury is good but their shipment delays to us have cost us dear , how about picking-up 2nd hand KNC gear from people bailing out of mining.

At this time it is undecided, but I'm in contact with multiple suppliers.

Other than Bitfury & BFl gear , have you made any pre-order deals with any other manufacturers ie. cointera , hashfast , I would also request you to please look into Vitrual Mining corp, you could probably have a word with VMC CEO Ken slaughter on this forum to see if you can make a deal work with them because I believe VMC has got prototype chip in hand already hashing.

VMC ?!?
Are you insane...we already lose time and money, buying vaporware doesn't help...

Second hand KNC ?
Overpriced...LRM miss the boat...end of line.


For the moment Cointerra and/or maybee Clam ( https://bitcointalk.org/index.php?topic=343856.0 ) can be a good choice.
Ashitank
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November 23, 2013, 07:24:30 PM
 #2016

I believe I've updated the entire website. Please kindly let me know if I missed something stupid... I'll fix it immediately.

Could please tell us from whom are you going to buy future hardware from , bitfury is good but their shipment delays to us have cost us dear , how about picking-up 2nd hand KNC gear from people bailing out of mining.

At this time it is undecided, but I'm in contact with multiple suppliers.

Other than Bitfury & BFl gear , have you made any pre-order deals with any other manufacturers ie. cointera , hashfast , I would also request you to please look into Vitrual Mining corp, you could probably have a word with VMC CEO Ken slaughter on this forum to see if you can make a deal work with them because I believe VMC has got prototype chip in hand already hashing.

VMC ?!?
Are you insane...we already lose time and money, buying vaporware doesn't help...

Second hand KNC ?
Overpriced...LRM miss the boat...end of line.


For the moment Cointerra and/or maybee Clam ( https://bitcointalk.org/index.php?topic=343856.0 ) can be a good choice.

LOL 55nm & i am Insane , sure bro Wink

At some point LRM will have to sell gear which doesnt cut it any more , 55nm doesnt bode well.
goddardnet
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November 23, 2013, 07:28:50 PM
 #2017

I believe I've updated the entire website. Please kindly let me know if I missed something stupid... I'll fix it immediately.

Could please tell us from whom are you going to buy future hardware from , bitfury is good but their shipment delays to us have cost us dear , how about picking-up 2nd hand KNC gear from people bailing out of mining.

At this time it is undecided, but I'm in contact with multiple suppliers.

Other than Bitfury & BFl gear , have you made any pre-order deals with any other manufacturers ie. cointera , hashfast , I would also request you to please look into Vitrual Mining corp, you could probably have a word with VMC CEO Ken slaughter on this forum to see if you can make a deal work with them because I believe VMC has got prototype chip in hand already hashing.

VMC ?!?
Are you insane...we already lose time and money, buying vaporware doesn't help...

Second hand KNC ?
Overpriced...LRM miss the boat...end of line.


For the moment Cointerra and/or maybee Clam ( https://bitcointalk.org/index.php?topic=343856.0 ) can be a good choice.

Black Arrow Minion in March ??
grnbrg
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November 23, 2013, 07:35:59 PM
 #2018

I believe I've updated the entire website. Please kindly let me know if I missed something stupid... I'll fix it immediately.

Could please tell us from whom are you going to buy future hardware from , bitfury is good but their shipment delays to us have cost us dear , how about picking-up 2nd hand KNC gear from people bailing out of mining.

At this time it is undecided, but I'm in contact with multiple suppliers.

Other than Bitfury & BFl gear , have you made any pre-order deals with any other manufacturers ie. cointera , hashfast , I would also request you to please look into Vitrual Mining corp, you could probably have a word with VMC CEO Ken slaughter on this forum to see if you can make a deal work with them because I believe VMC has got prototype chip in hand already hashing.

VMC ?!?
Are you insane...we already lose time and money, buying vaporware doesn't help...

Second hand KNC ?
Overpriced...LRM miss the boat...end of line.


For the moment Cointerra and/or maybee Clam ( https://bitcointalk.org/index.php?topic=343856.0 ) can be a good choice.

Black Arrow Minion in March ??





grnbrg.
fractal02
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November 23, 2013, 07:39:45 PM
Last edit: November 23, 2013, 07:56:02 PM by fractal02
 #2019

LOL 55nm & i am Insane , sure bro Wink

At some point LRM will have to sell gear which doesnt cut it any more , 55nm doesnt bode well.

1TH/s 55nm now is a better deal than 28nm in 2 or 3 month (you know diff, price and all that kind of variable stuff...)

And for VMC they doesn't announced start shipping in November ? Huh.. ? Please...Why not buying some AsicMiner Blade !  Grin

MaxwellsDemon
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November 23, 2013, 07:40:59 PM
 #2020

I believe I've updated the entire website. Please kindly let me know if I missed something stupid... I'll fix it immediately.

Thanks!

I believe VMC has got prototype chip in hand already hashing.

And I believe in the Flying Spaghetti Monster. The difference is, spaghetti is real.

We're hunting for Leviathan, and Bitcoin is our harpoon.
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