Post
Topic
Board Securities
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
by
Flashman
on 09/03/2014, 14:30:38 UTC
Also, I've done the math and liquidating the company's assets will turn out worse for the contract-holders as well as myself (rather than paying out "dividends").
Hardware just doesn't sell for what it did in may 2013......

It also doesn't earn what it would have in May 2013... 6 month projections at 20% difficulty rise have 300Mh earning about 0.002 BTC total. Faced with this practically certain knowledge, bondholders would be highly delighted to cut out the risk of your further non-performance and attempt to get "in hand" prices on current hardware, which have been known to exceed 6 month earning projections.