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fractal02
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January 04, 2014, 09:44:51 PM
 #2541

Put them in the ASIC project Wink
bigasic
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January 04, 2014, 10:00:49 PM
 #2542

LabRat, Altcoins are still for hardware re-invest and LRM expense ?

NMC: 3239.56479529 (~ $ 27 000 or 30 BTC )

Nice...  Grin

Yah, I'm not keeping them.  I just want to make sure they go to good use for the company.  If I ever decide to convert any to BTC to payout in divs then I'll take my share, but if they're going into hardware and/or expenses, 100% will be used for such purposes.

Looks like we are on track to keep up with the difficulty, which is great... It would be great to know when and what is purchased when you do use the alt coins and extra coins for hashing power. Ive got a long way to go to recoup my original investment, not complaining at all, I just want us to continue what we have been doing the last couple of weeks.. I have high hopes for LRM, my financial future is basically tied to what LRM does.. No pressure, Zach, no pressure... Smiley

BTW, has anyone noticed that the time between blocks is HUGE lately? It looks like there is an issue somewhere. The last block that was found said "unknown" I have never seen that before and blockchain.info is acting weird, anyone else notice this?
BKM
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January 04, 2014, 10:33:40 PM
 #2543

Check out the Open Transactions update and video from Fellowtraveler

https://bitcointalk.org/index.php?topic=212490.msg4283648#msg4283648

The tool is evolving quickly and it looks as if it could manage the exchange / bond side of LRM

SimonBelmond
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January 04, 2014, 10:47:11 PM
 #2544

Check out the Open Transactions update and video from Fellowtraveler

https://bitcointalk.org/index.php?topic=212490.msg4283648#msg4283648

The tool is evolving quickly and it looks as if it could manage the exchange / bond side of LRM



+1 OT will do it!
grnbrg
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January 05, 2014, 01:54:48 AM
 #2545

Wooo!  Something is up!

The 5 minute average has gone from 166GH/s to 3.5TH/s in the last 15 to 20 minutes...




grnbrg.
CumpsD
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January 05, 2014, 01:56:40 AM
 #2546

Wooo!  Something is up!

The 5 minute average has gone from 166GH/s to 3.5TH/s in the last 15 to 20 minutes...




grnbrg.

Something new, or existing stuff that got moved to the new pool?
CumpsD
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January 05, 2014, 02:03:05 AM
 #2547

PS: What is the LRM cex referal link?
grnbrg
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January 05, 2014, 02:04:19 AM
 #2548

Wooo!  Something is up!

The 5 minute average has gone from 166GH/s to 3.5TH/s in the last 15 to 20 minutes...




grnbrg.

Something new, or existing stuff that got moved to the new pool?
Stuff moving to the new pool as far as I  know.


grnbrg.
CumpsD
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January 05, 2014, 02:20:52 AM
 #2549

There, I added 50 GH/s using LRMs Cex IO Link Smiley
grnbrg
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January 05, 2014, 03:26:47 AM
 #2550

Seems to have stabilized at 14.5TH/s.  Noice.


grnbrg.
Ashitank
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January 05, 2014, 05:11:04 AM
 #2551

There, I added 50 GH/s using LRMs Cex IO Link Smiley

How did you do this , could you please share with me too.
Lab_Rat (OP)
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January 05, 2014, 06:35:21 AM
 #2552

Tonight I moved one office over to ghash.io

These rigs are set up with 3 backup servers on btcguild as well as 2 other pools.  If you ever see a dip in hashrate on this it may be, and is likely, due to the fact that if there's a minor issue with one of the rigs connections for more than a couple seconds, it will hop to another pool.  Nothing to fear.

The equipment I did move over can be tweaked to get a little more out of it as restarting the mining process on a bitfury rig can result in a completely different outcome than the hashrate before the restart.

It appears the resting hashrate is between 14 and 14.5TH on this office without the tweaks I will be doing.

With it being 20F and below outside, at the same time as me recovering from strep throat and a wrenched back, I've been a little slow to get it moved over to the new pool.  My apologies.  Tomorrow I'm going to try to take it easy and work on some end-of-the-year spreadsheets and paperwork, but by the end of the week I'll be working on a lot more for the public.

For those of you looking for a referral link, you can click LRM's hashrate bar and it will refer you under LRM.

If you would like an actual link, here it is: https://cex.io/r/0/LabRatMining/0/

deizel
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January 05, 2014, 02:52:05 PM
 #2553

BTW, has anyone noticed that the time between blocks is HUGE lately? It looks like there is an issue somewhere. The last block that was found said "unknown" I have never seen that before and blockchain.info is acting weird, anyone else notice this?

Possibly this issue with pre-0.8 ?

<Problems with block 277956> Cry Cry
Some bitcoin clients wont accept block 277956 for some reason.

This is some #bitcoin-dev discussion about the issue:
http://bitcoinstats.com/irc/bitcoin-dev/logs/2013/12/29
http://bitcoinstats.com/irc/bitcoin-dev/logs/2013/12/30 <- Ukyo asked for some advice in this one.

Even http://blockexplorer.com/ is stuck on block 277955.
Lab_Rat (OP)
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January 06, 2014, 10:05:32 PM
 #2554

Hey guys I'm doing some tweaking to the rigs on ghash.io to try to up the hashrate, pardon the dip here.

bittymitty
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January 06, 2014, 10:20:20 PM
 #2555

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.

Labrat, Did we get the extra 3 T/H as per this post?
mike81
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January 07, 2014, 12:08:25 AM
 #2556

There, I added 50 GH/s using LRMs Cex IO Link Smiley

How did you do this , could you please share with me too.
I guess he bought GHS on CEX. I have some stuff mining at btcguild. Does the same bonus apply if i let it hash at the linked ghash.io account? I'd be happy to signup again using the labrat referral link...
Lab_Rat (OP)
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January 07, 2014, 05:26:39 AM
 #2557

The referral bonus only includes purchased GHS

CumpsD
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January 07, 2014, 06:32:09 AM
 #2558

The referral bonus only includes purchased GHS

Oh, that sucks, so I moved pools thinking I was helping LRM while it does nothing at all :/
daemonfox
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January 07, 2014, 04:27:29 PM
 #2559

The referral bonus only includes purchased GHS

Oh, that sucks, so I moved pools thinking I was helping LRM while it does nothing at all :/

It can help.

Use the NMC you generate and buy GHashes... everything you buy makes 3% of that amount get added to LRM.

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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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January 07, 2014, 04:31:07 PM
 #2560

The referral bonus only includes purchased GHS

Oh, that sucks, so I moved pools thinking I was helping LRM while it does nothing at all :/

It can help.

Use the NMC you generate and buy GHashes... everything you buy makes 3% of that amount get added to LRM.

+1

I'm trying to figure out exactly what would best help LRM with these alt coins we're mining.  There are plenty of ways they can help.

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