Post
Topic
Board Securities
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
by
grnbrg
on 30/01/2014, 20:16:31 UTC
.... Second, let us know if you do decide to sell old BFL gear.  I'd be interested, if the price is reasonable.  (i.e. There would have to be a reasonable chance that I could make back the cost)  Although if you're getting power as cheap as you say, it might make more sense for you to keep them.

My 2 satoshis is that we first sell old gear in the open market for the highest possible value in order to recapitalize it to new gear at LRM's advantaged rates. No sense passing along old gear to bondholders at discounts to market rates if we can convert that gear into hashrate for the benefit of all.

Personal, not LRM opinion:

It might depend on the volume of hardware, and the number of items in each purchase.  Packaging and shipping old hardware in ones and twos will take up a lot of time and energy.

What might make most sense is "Hey, LRM people!  Free, old mining hardware.  Pickup only, from my garage, which is nowhere near the DC!  Hey, Kijiji people!  Old mining hardware, $50 each.  Pickup only, from my garage!"


grnbrg.