Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
"As a fix for this bondholders who refuse to payback funds will retain ownership of their bonds forcefully until the dividends have covered their overpayment."
Um, there is already such a system in place. Its called SELLING BONDS IN A FORUM THREAD.
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"The Dec/Jan hardware is in hand, I was just letting it mine to pay itself off part way as it came from my pocket
but it's about time to start moving it over to LRM."
My jaw dropped when I read this. How long has it been mining for you personally? This is going to be another case where I ask for clarification and you ignore me. But for the love of dog, please tell me you haven't been keeping the proceeds from this hardware for more than two weeks. There is no appropriate justification for this if its true. "it came from my pocket" is not a credible explanation after you've sold thousands of BTC worth of bonds to buy hardware. If you are jumbling your personal mining endeavors with LRM mining, then please, please buy my bonds back now so I can get off of the crazy train.
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And just so that it is a matter of public record, I was overpaid. It is substantially less than this coming Saturday's dividend payment, and as LR mentions above, the difference will be subtracted from my payment. Problem solved.
Um, there is already such a system in place. Its called SELLING BONDS IN A FORUM THREAD.
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"The Dec/Jan hardware is in hand, I was just letting it mine to pay itself off part way as it came from my pocket
but it's about time to start moving it over to LRM."My jaw dropped when I read this. How long has it been mining for you personally? This is going to be another case where I ask for clarification and you ignore me. But for the love of dog, please tell me you haven't been keeping the proceeds from this hardware for more than two weeks. There is no appropriate justification for this if its true. "it came from my pocket" is not a credible explanation after you've sold thousands of BTC worth of bonds to buy hardware. If you are jumbling your personal mining endeavors with LRM mining, then please, please buy my bonds back now so I can get off of the crazy train.
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And just so that it is a matter of public record, I was overpaid. It is substantially less than this coming Saturday's dividend payment, and as LR mentions above, the difference will be subtracted from my payment. Problem solved.
grnbrg and I verify all transactions before bonds change hands and can turn down a sale.
The hardware has been in hand for about a week as that's all it took to pay it off (I got it cheap) and there's still another TH coming in. This will be added to LRM after this weeks div payment. I just didn't want to use company funds on it. Be glad I'm adding it when I could just as well keep it theoretically.
It's pretty awesome seeing you here with all this rapid-fire feedback LR. Thanks for spending your own BTC to help advance the company!
I have no problem with that kind of thing, since, knowing you, you'd jump on an opportunity when it presented itself - for the good of all. Besides, it's much more than by-the-book logic that is getting us to where we'll be this year -- it's personality and the ability to effectively make connections!
I really want to ask more about the exchange, but I'll do my best to hold back. Whatever it is.. it will be worth the wait.
One question I do have: once the ball is rolling, do you think that being a LRM bondholder might possibly allow some of us to piggyback on hardware deals for personal use? (maybe a very limited quantity, or even some old gear you are dumping).