Post
Topic
Board Securities
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
by
Frankthechicken
on 23/03/2014, 16:59:28 UTC
I told you all already zach is gonna mine with the bit fury hardware for two to three weeks then pretend like he found a solution but can't pay back dividends but will promise to reinvest in new hardware. Of course there will be no proof provided

Mark my words

I would be more okay with that than being stuck at 100mh per post split whatchamacallit but less okay with that than contactmike1's scenario where we get back dividends for the hardware that was delivered, if it was delivered and has been put into service, once all legal issues are settled.  Between the previously announced dates plus about 10PH somewhat suddenly appearing on the network over the last week or so, seems reasonable to presume that -something- new has arrived.  That 10 PH is probably a combination of a few manufacturers but bitfury probably is in there too.  It is possible it has not been put into service, however, because of the open legal issues.  Perhaps with the old structure, LRM -can't- legally run over xx TH/s.  Who knows.  Not us, that's for sure.

I guess only time will tell.  I do hope Zach and his lawyers come up with something good and soon.  They're only going to get one shot at it otherwise risk some serious consequences from stakeholders.