Post
Topic
Board Securities
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
by
M31
on 30/01/2014, 20:20:13 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.

What about when it comes to a buying round, we are offered to chip in (say, US$100k), lowering the price by increasing the volume?  Do it kickstarter style, such that if a minimum dollar value is not reached, the deal will not go through.

That way we get more LRM equipment for the same cost, plus for anyone wishing to run their own equipment they get the best deal possible.  

This probably complicates things for LR/Dave, so maybe it's not a good idea, but if the savings are large enough it might be worth thinking about.