Are fresh contracts being sold yet or are they still only available in the trading thread? If so what is the current asking price / 100mH from LabRat?
EDIT: changed wording to contracts
If for some reason you wanted to buy direct from LRM, I can certainly get a price for you. It is highly unlikely to be better than the price you can get in the trading thread, though. The current lowest selling price there is 0.006
BTC per 100MH/s contract.
grnbrg.
If this is true, labrat should be using LRM funds to buy existing contracts. What you just said means that it is more expensive to go buy new hashrate than it is for LRM to consolidate existing hashrate.
This is a good point, but it assumes that the price Labrat charges for issuing new 100 MH/s contracts is identical to what it costs him to buy 100 MH/s worth of hardware. He could be overcharging when issuing new contracts, which could actually be good for existing contract holders.
dudes this is clearly what is happening...
Contracts are selling for £30/gh, LabRat can buy hardware probably under $1/gh at this point. The bonds are priced as they are because that is what the market has decided is a fair price based on the bonuses that have been paid.