The facts are that LRM (and just about every other mining company on earth), got steam rolled by
hardware manufacturers. This occurred because of late deliveries and prices that were too high per
gh/s. As unfortunate as that is, LRM cannot be blamed for that.
All we can really do is make sure that LRM took in X amount of BTC, converted it to Y amount of $,
and purchased Z amount of hash rate. We are entitled to Z amount of hash rate divided up 58,792
ways. That is it. If that "conversion engine" does not yield > 100% BTC out for each BTC in, then we
are S.O.L. If LRM does not give us X-->Y-->Z conversion fairly, then LRM needs to be held accountable
for that.
Please enlighten me if you feel this is overly simplistic.
This is way too true. The only issue is that if I paid out all of Z, I would be in a lot of red....