brox
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Activity: 71
Merit: 10
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February 02, 2014, 08:09:43 AM |
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I vote for Eligius. Zero fee, merged namecoin mining, low variance, high uptime. And you know owners/developers very well
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Lab_Rat (OP)
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February 02, 2014, 04:26:56 PM |
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GHash.io is a very temporary solution. There's something in the works with Merlin that will make this problem go away.
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Doff
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February 02, 2014, 04:28:36 PM |
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I vote for Eligius. Zero fee, merged namecoin mining, low variance, high uptime. And you know owners/developers very well
The Bitfury miners would run like shit on Eligius, mainly because you cannot control Diff yet. I know because I have several and their auto adjustment just does not work for whatever reason with the bitfury miners.
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Doff
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February 02, 2014, 04:29:35 PM |
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GHash.io is a very temporary solution. There's something in the works with Merlin that will make this problem go away.
Cool, maybe a better pool I can point my miners at as well?
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oldbushie
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Activity: 94
Merit: 10
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February 02, 2014, 04:30:15 PM |
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I vote for Eligius. Zero fee, merged namecoin mining, low variance, high uptime. And you know owners/developers very well
The Bitfury miners would run like shit on Eligius, mainly because you cannot control Diff yet. I know because I have several and their auto adjustment just does not work for whatever reason with the bitfury miners. Ah yeah, by that logic P2Pool wouldn't work so well either.
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daemonfox
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February 02, 2014, 09:12:06 PM |
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I vote for Eligius. Zero fee, merged namecoin mining, low variance, high uptime. And you know owners/developers very well
The Bitfury miners would run like shit on Eligius, mainly because you cannot control Diff yet. I know because I have several and their auto adjustment just does not work for whatever reason with the bitfury miners. Ah yeah, by that logic P2Pool wouldn't work so well either. With P2Pool, you can append a share divisor to the end of your address... and make it scale to a share diff of your choosing. AdDressGoEsHere1234567BLAH+0.0005 is an example I use with p2pool.org when I mined 42coin.
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dtown
Newbie
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Activity: 38
Merit: 0
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February 03, 2014, 12:10:56 AM |
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I just noticed the "overpay" e-mail. I'm happy to pay back the extra, but I didn't get divs this week and my overpay amount was roughly 1 additional weeks worth. At this point should I just wait it out?
Thanks!
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elitenoob
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February 03, 2014, 12:17:13 AM |
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I just noticed the "overpay" e-mail. I'm happy to pay back the extra, but I didn't get divs this week and my overpay amount was roughly 1 additional weeks worth. At this point should I just wait it out?
Thanks!
Dividends went out. To those of you who received a small amount or 0 remember that this week as well as a few people in weeks to come are repaying last weeks overpayment.
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bittymitty
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February 03, 2014, 01:21:41 AM |
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The last trade for LRM was BTC .066 per bond for current hash rate of .318 GH/s
Cex.io is currently selling 1gh/s for BTC .0338( 3 times the hash rate for half BTC cost)
Is LRM still good value against Cex.io?
Does anyone have the cumulative return that LRM has made so far per share?
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yuhannl
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Activity: 33
Merit: 0
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February 03, 2014, 03:37:57 AM |
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The last trade for LRM was BTC .066 per bond for current hash rate of .318 GH/s
Cex.io is currently selling 1gh/s for BTC .0338( 3 times the hash rate for half BTC cost)
Is LRM still good value against Cex.io?
Does anyone have the cumulative return that LRM has made so far per share?
I think the difference is the per bond hash rate for LRM is increasing over time and based on the forward looking statements by Labrat it will continue to go up. Obviously have to weigh out the opportunity cost and risks associated with any sort of investments.
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||bit
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February 03, 2014, 04:21:38 AM |
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The last trade for LRM was BTC .066 per bond for current hash rate of .318 GH/s
Cex.io is currently selling 1gh/s for BTC .0338( 3 times the hash rate for half BTC cost)
Is LRM still good value against Cex.io?
Does anyone have the cumulative return that LRM has made so far per share?
Consider my post here: https://bitcointalk.org/index.php?topic=251423.msg4709302;topicseen#msg4709302Basically, by that reasoning, for bond value to be on par with (i.e. keeping up with) difficulty changes since first issue, LRM should be hashing near 560TH.
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BKM
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February 03, 2014, 06:29:24 AM Last edit: February 03, 2014, 06:42:33 AM by BKM |
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The last trade for LRM was BTC .066 per bond for current hash rate of .318 GH/s
Cex.io is currently selling 1gh/s for BTC .0338( 3 times the hash rate for half BTC cost)
Is LRM still good value against Cex.io?
Does anyone have the cumulative return that LRM has made so far per share?
Consider my post here: https://bitcointalk.org/index.php?topic=251423.msg4709302;topicseen#msg4709302Basically, by that reasoning, for bond value to be on par with (i.e. keeping up with) difficulty changes since first issue, LRM should be hashing near 560TH. Hence my previous comment.... 180 TH in March is a great start, but if the model is as sustainable as it is intended to be, then we need to see a path to 8.6 PH in one year based on 20% compounded network growth. Hey, don't get me wrong, I HOPE that the network will stop the madness at some point, but such hope is driven by the speculation as to so many variables that it defies any reasonable sensitivity analysis..... So, what is the plan? Do we intend to maintain, grow... die or live in hope?
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bittymitty
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February 03, 2014, 06:47:27 AM |
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I worked out the cumulative return 0.021531357 so far if you had from IPO.
Which means that we have paid back the dollar value of the bond.
at IPO BTC0.15 * $100 = $15
payout BTC0.021531357 * $810 = 17.44039917
We got a long way to go to cover the BTC however.
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levi
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Activity: 23
Merit: 0
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February 03, 2014, 07:50:21 AM |
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I worked out the cumulative return 0.021531357 so far if you had from IPO.
Which means that we have paid back the dollar value of the bond.
at IPO BTC0.15 * $100 = $15
payout BTC0.021531357 * $810 = 17.44039917
We got a long way to go to cover the BTC however.
This is the right way to be looking at things for most of us, for those that started with USD we are past ROI.
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brox
Member
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Activity: 71
Merit: 10
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February 03, 2014, 07:51:59 AM |
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I worked out the cumulative return 0.021531357 so far if you had from IPO.
Which means that we have paid back the dollar value of the bond.
at IPO BTC0.15 * $100 = $15
payout BTC0.021531357 * $810 = 17.44039917
We got a long way to go to cover the BTC however.
Yeah, like infinity Also funny thing with LRM - its impossible to get your money back
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Bargraphics
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February 03, 2014, 12:34:36 PM |
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I worked out the cumulative return 0.021531357 so far if you had from IPO.
Which means that we have paid back the dollar value of the bond.
at IPO BTC0.15 * $100 = $15
payout BTC0.021531357 * $810 = 17.44039917
We got a long way to go to cover the BTC however.
Yeah, like infinity Also funny thing with LRM - its impossible to get your money back Personally, when I invest/spend/sell my Bitcoin. I always base it on the USD Price at the time. Some people think it this is flawed but honestly if I didn't Invest in Lab Rat Mining I would have likely sold the coin anyways. Everyone wants to play captain hindsight in these situations which is fine but I consider myself a realist and in reality everything was bought at the USD level simply using bitcoin since Lab Rat had to buy the equipment in USD but just paid using bitcoin. So for myself I am happy that I have made a profit already from LRM in terms of USD and still own shares and still have all of these large quantities of hardware coming in. I'm just stating this as my opinion, there will be others that try to argue that you put btc in so you want btc + some out which I still believe will happen but this is a growing mining bond so for that to happen it is going to take time. (Around 1 year was my initial assessment at the very least). I'm personally happy so far with the returns.
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sparky999
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February 03, 2014, 12:49:27 PM |
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Some retarded logic in this thread
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Bargraphics
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February 03, 2014, 12:57:40 PM |
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Some retarded logic in this thread
Thank you for your fantastic contribution and the way you facilitate ongoing discussion in this thread.
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sparky999
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February 03, 2014, 01:45:53 PM |
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I had $10 once, I bought two bananas for $5 each. I sold one banana for $3 and kept the other one. I'm happy cos I ROI'd in terms of Bananas.
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Frankthechicken
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Activity: 112
Merit: 10
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February 03, 2014, 02:38:25 PM |
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Can we please skip the ROI in terms of fiat or BTC debate? It's been done a million times. It's like religion. Either you believe ROI in fiat is good or you don't. You'll never convince anyone to change their mind.
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