Post
Topic
Board Securities
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
by
smracer
on 09/06/2015, 21:28:05 UTC
Hey all,

Due to many circumstances that have occurred since Aug-Sept of last year, LRM is no longer able to operate.  Many factors contributed to this unfortunate event including lawsuit expenses, declining BTC price, and inability to host the hardware profitably anymore.  Mining has ceased and the company has had to declare bankruptcy as of this time.  This should not have been a total shock as almost all other mining contract based operations throughout the market have also ceased by this point, nevertheless it is highly unfortunate to have to bring this news.

Best of luck to all the bitcoiners out there,
Lab_Rat

Where are the ~ 500 BTC you got back from BFL???  I got my refund already so I know you got it.

I see you switched your payment address from MegaBigPower on June 1.  Have fun in prison.  

Anyone have a PACER account?  Any updates on the lawsuit?