Quote from: rangerbob21 on March 10, 2014, 05:17:35 PM

Are you fucking kidding me? The whole reason I purchased the original bonds, way back when, was the promise that the bond would be equal to a proportional hash rate based on the total LRM hash rate and increase when the total hash rate increased. Period. Now LR is saying that all original bonds are now capped at 300MH/s? Am I reading this correctly? My technical term for this would be "bait and switch" correct? I really hope I am incorrect here.

Thanks!

Quote from: Lab_Rat on March 08, 2014, 06:16:32 PM

CHANGE IN PAYOUT RATE STRUCTURE

Cryptocurrencies, which includes Bitcoin, are relatively new to the world economic communities and its governments. Worldwide there continues to be almost daily announcements from governments regarding crypto currencies. Lab Rat Data Processing, a Limited Liability Company in the state of New Jersey, continues to monitor those announcements and the ever-changing laws and economic environments and how those laws impact cryptocurrencies, including Bitcoin, and in particular Lab Rat Data Processing. Most important to Lab Rat Data Processing are the ever-changing laws and/or announcements from the United States and its governmental agencies and the state of New Jersey and its governmental agencies.

Based upon recent developments in US and local laws, Lab Rat Data Processing, and their legal representatives, have determined a potential current or future problem with its current rate structure, which was originally intended as a variable rate payout. Therefore, Lab Rat Data Processing is amending its variable rate payout with a set rate payout of 100 MH/s per contract. This rate payout shall be for all current contract-holders and all future contract-holders. Contemporaneous with the change from a varying rate payout to a set rate payout Lab_Rat will triple the amount of contracts held by all contract holders as of the date of March 8, 2014. Therefore, for all current contract holders on their current contracts, the effective rate will be permanently set at 300 MH/s per contract. All future contracts purchased will be at the new rate of 100MH/s.

Lab Rat Data Processing will continue to monitor developments for cryptocurrencies and Bitcoin in particular, seeking to maintain its current status as a leader in the Bitcoin community and to maintain compliance with US and New Jersey laws.

More information to come.

You are not incorrect according to what LR posted that started this shit fest. In fact, as of right now that is all you own. Consider your shares to be < 1 AM usb device.