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Lab_Rat (OP)
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December 21, 2013, 05:24:09 PM
 #2461

As far as I know, I don't believe we will ever have a two week holding on new hardware again. I'm fairly certain it was a one time deal to get us kickstarted with these new projects/deals.

This is the more likely of the options.

Lab_Rat (OP)
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December 21, 2013, 05:27:52 PM
 #2462

So, the current time-line I see is:

December 2013: 3ish T/H added
January 2013: BFL Monarchs, maybe?  (Unless the Dec added IS the monarchs?)
Late February 2013: New BitFury equipment starting to come in. (100 to 200 T/H)
Early March 2013: BitFury equipment continuing to come in.
Post-March: ASIC project stuff

Comment:  I personally expect the Bitfury order to be late, because the last one was late and I'm an eternal pessimist.

Questions:

1.  Do we have a time frame for a trading platform?
2.  Shouldn't some of this stuff be posted to the LRM website?
3.  What hash-rate additions are subject to two weeks of holding?
4.  Can we PLEASE only start the two weeks of holding once ALL of a new batch is in place so we're only missing dividends of the increased hashrate for exactly two weeks?

This is correct except the Dec hardware might move to first week of Jan and it has nothing to do with the monarchs.  The monarchs should be in the 25TH range.

The trading platform is next on my list after making stats public, as I said I was busy through thursday of this past week.  From here on out I should have worlds of time to throw at making LRM everything it should be.  I am going to be updating the website this weekend as well as moving the hardware to a new pool.  Nothing should experience 2 weeks of holding again, but that helped out the company more than you'll know.

Lab_Rat (OP)
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December 21, 2013, 05:34:41 PM
 #2463

Preparing the spreadsheet for div payouts.

Dividend Stats 12/21/2013:

Mined: BTC89.00622637
Payout: BTC66.75466978
Bonds: 58,174
Per Bond: BTC0.00114750

I'm going to work on increasing these numbers over the next couple months. (Fight the difficulty!!!)

After this week I'll be posting MM stats with it.

MM coins will be going straight into hardware.
MM coins accrued from playing on GHash.io this week:

NMC: 1.50734725
IXC: 6.87357936
DVC: 235.34593616

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December 21, 2013, 05:57:23 PM
 #2464

This is correct except the Dec hardware might move to first week of Jan and it has nothing to do with the monarchs.  The monarchs should be in the 25TH range.

The trading platform is next on my list after making stats public, as I said I was busy through thursday of this past week.  From here on out I should have worlds of time to throw at making LRM everything it should be.  I am going to be updating the website this weekend as well as moving the hardware to a new pool.  Nothing should experience 2 weeks of holding again, but that helped out the company more than you'll know.

+1!

Thanks, Labrat!  We always knew you were working hard for the company.  We just didn't know exactly what you were doing at times. LOL.  I'm sure I'm not alone when I say we can't wait to see the stats become public, and we really can't wait until the we have a shiny new trading platform.

Once again, keep up the great work!  You've raised my confidence to a whole new level.
Lab_Rat (OP)
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December 21, 2013, 06:01:08 PM
 #2465

This is correct except the Dec hardware might move to first week of Jan and it has nothing to do with the monarchs.  The monarchs should be in the 25TH range.

The trading platform is next on my list after making stats public, as I said I was busy through thursday of this past week.  From here on out I should have worlds of time to throw at making LRM everything it should be.  I am going to be updating the website this weekend as well as moving the hardware to a new pool.  Nothing should experience 2 weeks of holding again, but that helped out the company more than you'll know.

+1!

Thanks, Labrat!  We always knew you were working hard for the company.  We just didn't know exactly what you were doing at times. LOL.  I'm sure I'm not alone when I say we can't wait to see the stats become public, and we really can't wait until the we have a shiny new trading platform.

Once again, keep up the great work!  You've raised my confidence to a whole new level.

Yes, thanks to this company there are 2 machines I can't live without.  A laptop and a Keurig... haha

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December 21, 2013, 06:01:24 PM
 #2466

Thank you LabRat !

So far, are you happy in mining at GHash.io ?

I find the idea for MM coins pretty great (for hardware invest) Wink
Lab_Rat (OP)
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December 21, 2013, 06:12:51 PM
 #2467

Thank you LabRat !

So far, are you happy in mining at GHash.io ?

I find the idea for MM coins pretty great (for hardware invest) Wink

Nice interface, cool payout systems, 3MM coins, no fees (except 0.001 to withdraw, but the payout is instant), alert system, automatically created workers, referral system if you sign up using my link (more hashrate for LRM), easy live stats, etc.

Yah, Just wish it had 1/2 the hashrate it has...

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December 21, 2013, 06:32:21 PM
 #2468

Woohoo! I'm looking forward to updates on the site. Cheesy

Lab_Rat (OP)
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December 21, 2013, 06:34:30 PM
 #2469

Dividends have gone out, enjoy your fresh coins everyone.  Go buy a pizza and regret it in 3 years  Wink

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December 21, 2013, 06:42:09 PM
 #2470

Dividends have gone out, enjoy your fresh coins everyone.  Go buy a pizza and regret it in 3 years  Wink
+1

good one Cheesy
Lab_Rat (OP)
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December 21, 2013, 06:44:34 PM
 #2471

Just a note, the couple rigs I had pointed over at GHash, I've moved to the previous pool for now.  Going to be moving it all over to GHash this weekend as long as nothing gets in the way.

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December 21, 2013, 07:00:23 PM
 #2472

Dividends have gone out, enjoy your fresh coins everyone.  Go buy a pizza and regret it in 3 years  Wink

Funny: My wife and I just ordered curry tonight with some of last weeks divs. You have to keep the coins rolling in order to increase the value of the coins you're holding. I very much like the MM news.
Lab_Rat (OP)
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December 21, 2013, 08:03:32 PM
 #2473

Fun Fact of the day, LRM has now paid out BTC962.90818330.  Next week we'll break 1000.

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December 21, 2013, 08:41:56 PM
 #2474

Fun Fact of the day, LRM has now paid out BTC962.90818330.  Next week we'll break 1000.

Much fun so money wow.  Grin

Sounds like you have decided on a solution for the trading platform.

Any hints? That will be very exciting in addition to the rest.

Keep up the good work!
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December 21, 2013, 08:43:38 PM
 #2475

Been a good week!
I sold 22 shares (needed some BTC for my own mining investments) and still my payout was higher than lastweek Cheesy Cheesy
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December 22, 2013, 01:08:32 AM
 #2476

Preparing the spreadsheet for div payouts.

Dividend Stats 12/21/2013:

Mined: BTC89.00622637
Payout: BTC66.75466978
Bonds: 58,174
Per Bond: BTC0.00114750

I'm going to work on increasing these numbers over the next couple months. (Fight the difficulty!!!)

After this week I'll be posting MM stats with it.

MM coins will be going straight into hardware.
MM coins accrued from playing on GHash.io this week:

NMC: 1.50734725
IXC: 6.87357936
DVC: 235.34593616

LE GASP!!!!! I have referral hashrate!!!! Laby YOU DA MAN!!! Welcome to Ghash.io and may your stay be LONGGGG!!!!!!

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R I Z E N
....ZEN Nodes.... ....Horizen Academy.... ....Help Desk    ....Faucet   
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elitenoob
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December 22, 2013, 01:38:07 AM
 #2477



LE GASP!!!!! I have referral hashrate!!!! Laby YOU DA MAN!!! Welcome to Ghash.io and may your stay be LONGGGG!!!!!!
You should donate something to him if he used your ref link Smiley
daemonfox
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December 22, 2013, 02:39:53 AM
 #2478



LE GASP!!!!! I have referral hashrate!!!! Laby YOU DA MAN!!! Welcome to Ghash.io and may your stay be LONGGGG!!!!!!
You should donate something to him if he used your ref link Smiley

Tell ya what... since it is only 3% of the PURCHASED hashrate... not our LRM hashrate... I would be happy to kick back half of w/e it earns once the weekly rake surpasses the withdraw fee... don't think 46 mh/s is gonna do that any time soon though.

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R I Z E N
....ZEN Nodes.... ....Horizen Academy.... ....Help Desk    ....Faucet   
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Lab_Rat (OP)
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December 22, 2013, 06:41:38 AM
 #2479

Posted a condensed update to the website so it's all in one place: www.labratmining.com

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December 22, 2013, 10:21:32 AM
Last edit: December 22, 2013, 10:44:58 AM by mufa23
 #2480

Nice! Where can I sign up for the ghash.io pool? I'd like to point some of my personal hardware over there. I haven't merged mined since early 2012.

Positive rep with: pekv2, AzN1337c0d3r, Vince Torres, underworld07, Chimsley, omegaaf, Bogart, Gleason, SuperTramp, John K. and guitarplinker
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