Lab_Rat (OP)
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October 02, 2014, 05:49:41 PM |
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Lab_Rat did you get my last pm about the last payout?I know its only like .01 but I want it dammit Nm its there, apparently had a lot of transactions that day and missed it. My fault There is a lot of blockchain spam going on right now so if you get a single satoshi from someone... it's not me. Yeah I got 3 of them, and one came to that Label, so I was like darn I got missed. Then I must have only saw the last payment from Lab_Rat and missed that days payment. What is with that spam anyhow? What could it potentially do that's useful, or harmful depending how you look at it? Useful: There could be messages attached to the tx's as a form of advertising. Detrimental: People could be trying to clog up the blockchain with large memory consuming tx's making the block sizes large and in turn making it hard for an average individual to host a full node if the blockchain hits TBs of memory in the next year or 2.
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grnbrg
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October 02, 2014, 05:52:04 PM |
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What is with that spam anyhow? What could it potentially do that's useful, or harmful depending how you look at it?
In the case of the couple I recently received, they were advertising a bitcoin gambling site. grnbrg.
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Doff
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October 03, 2014, 04:18:45 PM |
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Oh cool, how do I see the messages in them?
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Lab_Rat (OP)
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October 04, 2014, 06:00:29 PM |
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Distributions paid:
Mined: BTC1.49260696 Per Contract: BTC0.00000837 Bonus: BTC2.11959959 Bonus Per contract: BTC0.00001188
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Lab_Rat (OP)
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October 04, 2014, 06:01:24 PM |
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Oh cool, how do I see the messages in them?
blockchain.info allows you to attach messages to a tx in their database, but you can also imbed messages in the blockchain itself.
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fractal02
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October 04, 2014, 06:03:28 PM |
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Distributions paid:
Mined: BTC1.49260696 Per Contract: BTC0.00000837 Bonus: BTC2.11959959 Bonus Per contract: BTC0.00001188
Ouch...this one is pretty low... Any news for the futur of LabRat mining ?
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xuyongpku
Newbie
Offline
Activity: 22
Merit: 0
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October 04, 2014, 11:47:36 PM |
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This is the sign of game over!
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ninthgate
Newbie
Offline
Activity: 27
Merit: 0
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October 05, 2014, 05:14:41 AM |
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This is the sign of game over!
Maybe, maybe not. It's a sign that btc:usd is down. If btc continues down, then that bonus erodes. Now, that margin is precariously thin. Take a look at the pm market. Thats getting smacked as well. The usd is "strengthening" with downtrend in us unemployment, and there is no sign of inflation despite fed low interest policy. In other words, the spec trade is off. People will roll usd into equities or remain in usd going into the gift giving holidays. Btc is volatile - it might go up. I suspect it will flatten or go down for the remainder of the year, but that's just me. At the end of the day, btc mining is too cheap and easy at this exchange rate. A shake up will come to marginalize devices like the antminers. Home farmers are just about done, but hopefully labrat has sufficient optimization. If people want btc to go up, they should buy some btc, to absorb the otherwise cheap and abundant supply.
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elitenoob
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October 05, 2014, 08:34:10 PM |
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What will happen to our div's if power costs are higher than the amount of bitcoins? I don't want to pay on top of it to get overpriced div's at the end...
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MrTeal
Legendary
Offline
Activity: 1274
Merit: 1004
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October 05, 2014, 08:38:13 PM |
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What will happen to our div's if power costs are higher than the amount of bitcoins? I don't want to pay on top of it to get overpriced div's at the end... If the cost of power rises higher than the bonus amount, you need to cut Lab_Rat a check every week to help pay for power.
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ninthgate
Newbie
Offline
Activity: 27
Merit: 0
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October 05, 2014, 10:53:51 PM |
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What will happen to our div's if power costs are higher than the amount of bitcoins? I don't want to pay on top of it to get overpriced div's at the end... If the cost of power rises higher than the bonus amount, you need to cut Lab_Rat a check every week to help pay for power. Lol. Don't remember that part in the contract -- either version. I 'd guess operating expense runs somewhere around $3k a week. So, I'd guess that somewhere around $200/btc, there is no bonus, and lower ends up being Bad news. In the endgame, Zach would forego his comp, to see if btc snaps back. If it doesnt, then things start going dark, since electric bill couldnt be met. Theres potential that things get ugly quickly. But, btc is incredibly volatile. Its insane to do forecasts, since normal range corrections in either direction is massive.
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elitenoob
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October 06, 2014, 02:49:39 AM |
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What will happen to our div's if power costs are higher than the amount of bitcoins? I don't want to pay on top of it to get overpriced div's at the end... If the cost of power rises higher than the bonus amount, you need to cut Lab_Rat a check every week to help pay for power. omg the investors got screwed cough...
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Lab_Rat (OP)
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October 06, 2014, 05:22:44 AM |
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Just bought some more efficient hardware earlier this week to replace the old BF gear from last Oct. Power efficiency will be better by the end of the week, maybe next week.
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Lab_Rat (OP)
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October 06, 2014, 02:42:10 PM |
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What will happen to our div's if power costs are higher than the amount of bitcoins? I don't want to pay on top of it to get overpriced div's at the end... If the cost of power rises higher than the bonus amount, you need to cut Lab_Rat a check every week to help pay for power. Lol. Don't remember that part in the contract -- either version. I 'd guess operating expense runs somewhere around $3k a week. So, I'd guess that somewhere around $200/btc, there is no bonus, and lower ends up being Bad news. In the endgame, Zach would forego his comp, to see if btc snaps back. If it doesnt, then things start going dark, since electric bill couldnt be met. Theres potential that things get ugly quickly. But, btc is incredibly volatile. Its insane to do forecasts, since normal range corrections in either direction is massive. It wasn't and isn't in the contract... Trolls gotta be trolls. Your guess on operating expenses are pretty close, but slightly over after rent, power, internet, etc. Closer to $26-2700 and getting lower. The only issue is the price is going down and diff going up at the same time. More power efficient hardware is on its way and there are some big plans for Q1/2015 to greatly reduce costs and increase hashrate.
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Endlessa
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October 08, 2014, 03:48:54 AM |
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What will happen to our div's if power costs are higher than the amount of bitcoins? I don't want to pay on top of it to get overpriced div's at the end... If the cost of power rises higher than the bonus amount, you need to cut Lab_Rat a check every week to help pay for power. Lol. Don't remember that part in the contract -- either version. I 'd guess operating expense runs somewhere around $3k a week. So, I'd guess that somewhere around $200/btc, there is no bonus, and lower ends up being Bad news. In the endgame, Zach would forego his comp, to see if btc snaps back. If it doesnt, then things start going dark, since electric bill couldnt be met. Theres potential that things get ugly quickly. But, btc is incredibly volatile. Its insane to do forecasts, since normal range corrections in either direction is massive. It wasn't and isn't in the contract... Trolls gotta be trolls. Your guess on operating expenses are pretty close, but slightly over after rent, power, internet, etc. Closer to $26-2700 and getting lower. The only issue is the price is going down and diff going up at the same time. More power efficient hardware is on its way and there are some big plans for Q1/2015 to greatly reduce costs and increase hashrate. Which contract? lol
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Lab_Rat (OP)
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October 10, 2014, 04:12:46 PM |
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Today you'll notice a dip in the hashrate, but it should climb back up quickly.
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fractal02
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October 10, 2014, 04:29:40 PM |
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Today you'll notice a dip in the hashrate, but it should climb back up quickly.
New more efficient hardware ? LabRat, scrypt mining is on your radar or not ?
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btcrealm
Jr. Member
Offline
Activity: 62
Merit: 1
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October 11, 2014, 02:55:00 AM |
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Today you'll notice a dip in the hashrate, but it should climb back up quickly.
Thank you this kind of update is good to see.
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Lab_Rat (OP)
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October 11, 2014, 05:37:27 PM |
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Distributions out:
Mined: BTC1.59967071 Per Contract: BTC0.00000897 Bonus: BTC6.2831853 Bonus Per contract: BTC0.00003522
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Lab_Rat (OP)
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October 11, 2014, 05:38:39 PM |
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Today you'll notice a dip in the hashrate, but it should climb back up quickly.
New more efficient hardware ? LabRat, scrypt mining is on your radar or not ? Yes, and Yes.
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