Post
Topic
Board Securities
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
by
Jolest
on 10/03/2014, 04:40:31 UTC


Granted, that is true. However, what I am suggesting is soliciting the help of community members, individuals who operate enterprises of a similar nature to LRM, or anyone who may have information that is helpful. I'm suggesting being open to help from them rather than writing them off as not being similar enough - someone may have something to contribute, if only you were to solicit the help. If LRM hasn't been operating illegally this whole time, then there is no harm in talking in the open about what challenges we face and how we can productively overcome them. If LRM has been operating illegally this whole time then I can understand your hesitance to ask for help and talk about specifics.

Bottom line: Ask the community for help regardless of how well versed you think they are.



The closest would be James Gibson's giga/teramining ventures as they are in the US and have handled issues in the past, but they are fixed hashrate payout schemes, not variable.

If the whole cause of this current mess is variable payout, the solution seems obvious.  Adopt a fixed mh/(bond, share, or whatever you want to call them) - AND - issue periodic bond splits distributed evenly among existing bond holders to cover increases in the production capabilities of LRM.  Yes, it's a bit of a song and dance, lo but bond splits are a normal part of running most profitable business.  I doubt the Sec would consider it a problem.  And it restores the original effect of investing for LRM investors.