After a long period of steady payouts, it's time to revamp. The company has surpassed 1600 BTC in payouts, the hashrate is in the 15 digit range, we've got a new shiny logo and website, so let's kick it up a notch.

There are a few things LRM has been looking into. These being:

• Great deals from Spondoolies and AntMiner
• MegaBigPower's Franchise Program (would launch Q1 2015)
• Scrypt Mining

To get some of these projects kicked off, the company is looking to secure additional funding. LabRatMining is going to be offering contracts at a discounted price to raise at least 500 BTC. Doing this will allow LRM to secure and begin operating new mining hardware between 25 and 75 cents a GH/s tripling or even quadrupling the total hashrate. If you have an opinion on whether to add Scrypt mining to the LabRatMining operation, please feel free to post on the BitcoinTalk Forums Thread.

Head on over to www.labratmining.com to check out the new website and contract purchase features.