How difficult and expensive would it be for a company to make 20 nm chips after they've already made 28 nm? Not difficult, but expensive. Outside of chipzilla there aren't all that many fabs with 20nm capacity. TSMC just got serious about 20nm in April: http://focustaiwan.tw/news/atod/201304010042.aspxIt seems unlikely that it would be worth the expense to shrink from 28 to 20nm for vendors of btc mining hardware. |
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Many of the pre-order vendors will not face a wave of cancellations as they don't allow refunds. The fact that this policy is illegal for American based companies doesn't seem to be much of an obstacle. Bfl really set the bar here.
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I should be so eloquent, thank you maqifrnswa. The history of PMBs is well known.
I'll not crap up this thread out of respect to Lab_Rat.
Cheers.
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That only applies to orders placed now, there was a price cut on knc products. I think it unlikely knc will ship in quantity this month, but they appear likely to ship in bulk in October. Edit: uh yeah...I'm slow.  |
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I see this race as largely irrelevant, but unless knc stumbles at the finish line(or bfl's everyone) the 28nm trophy is theirs to win.
Process node is only one factor in determining efficiency however. Bitfury beat them all to market with a 55nm chip that's significantly more efficient than the likely front running 28nm chip. Going forward bitfury's 55nm chip looks like it will remain competitive, from an efficiency standpoint, with all of the announced 28nm vaporware and woe to the competition if bitfury shrinks that chip with good results.
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what happens when they post an unsigned address with no funds?
I said "proof". That would require that they have blocks, which is a result of mining. Bonus for screenshots of hashrates. Did they state they would sign their blocks? If so, I'd expect that as well. I'll gauge what they provide at the moment and decide if it qualifies as enough proof. The idea that this is a scam is quickly dwindling for me, especially with theSeven's response. As of now it's only a matter of them getting the operation up and running. I don't want my Bitcoins tied up until that point, though. Yes. They said they'd update their website with current hashrates. They said they'd employ a block signing mechanism similar to ASICMiner's. Obviously these things have not happened. |
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BFL placed a alien asic pods underneath their hotel beds... lol People that visit bfl hq don't leave unchanged it seems. A talented forked tongued propaganda minister most likely. |
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Semi-/Inofficial Labcoin news:I have talked to TheSeven the second time now. For the reference, TheSeven is a PPCoin pool operator and a contributer to the The Open Source FPGA Bitcoin Miner project. According to Labcoin, he is a generalist software developer, touched most layers from electronics to web development with a background on low level software (down to the hardware interface, bare-metal software, operating systems, kernel, etc.) and working mostly on the 65 nm generation. His website is fpgamining.com where he offers to design and sell custom FPGA based hardware. He acts as technical consultant and basically as HDL engineer for the second generation. I'm really no fan of posting private messages, but he stated it's a standard response from now on, thus I feel comfortable with posting it here: Hi,
please excuse that due to the high number of messages, I'm responding with a standard reply to anything Labcoin related right now.
First of all, Labcoin is not "my" project in any way. They have hired me as an external consultant on bitcoin-related aspects, and also accepted some of my proposals on the actual chip implementation. However these proposals are for their second generation chips, and I'm not involved with their first generation hardware at all, except for giving them some general advice on how things can be optimized.
I'm currently working on part of their second generation chip implementation, but haven't been in touch with the engineers that handle the first generation chips since quite a while. I also have no insight at all into their business plans or anything related.
From what they claim right now, they do have first generation chips, which seem to be somewhat working, but showing some issues, which they are working on. I do not have more detailed information on what exactly these issues are yet, however I might be able to look into that next week.
From my point of view there are zero signs of a scamming plan (if it would be one, it would be an extremely elaborate one). However, as with any ASIC project, there is a lot of risks, and it's much too early to tell if this project will be successful in the end.
Please note that I don't have access to any physical hardware from them (yet), so I cannot verify if they actually have the chips that they are claiming to have. I have no reason to belive the contrary though.
Please understand that I can't give you more detailed information right now.
All the best,
TheSeven Thanks dexX7, these comments from TheSeven are consistent with the brief interview I quoted way back on this fast moving thread. Cheers. |
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My guess is the 130nm chips didn't pass testing and are faulty. That would explain the full month setback. I suspect that might be the case as it would explain their creepy behavior. If it is and management is going through all these contortions to hide this fact then there's no reason to hold shares. Their 65nm chips are still a ways off and management has already demonstrated a disturbing lack of transparency. |
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5000*500 = ______ or there's this maths if you like 1,000,000+(5,000x250) = 2,250,000 GH/s |
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Dividends eventually dictate price. You're speaking strictly of the developmental phase, where transparency = share price more than projected earnings. Just look at Friedcat now.. he hides in the dark because his dividends speak for the company.. Pardon?  ...oh I understand your position now. Shhh... If you are invested in ACTM, then you want labcoin to be bullish right now.. I announced pulling out of ACTM with a semi-large quantity of shares, and if I successfully flip labcoin I'm going right back into ACTM. So shhhh  Pump + dump. Anyone wanna hold this bag for VE? I think you're confusing ActM with Asicminer. ...and I think you talk so much two faced crap you don't even remember your own nonsensical rants. Let me help. Dividends eventually dictate price. You're speaking strictly of the developmental phase, where transparency = share price more than projected earnings. Just look at Friedcat now.. he hides in the dark because his dividends speak for the company.. |
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Dividends eventually dictate price. You're speaking strictly of the developmental phase, where transparency = share price more than projected earnings. Just look at Friedcat now.. he hides in the dark because his dividends speak for the company.. Pardon? ...oh I understand your position now. Shhh... If you are invested in ACTM, then you want labcoin to be bullish right now.. I announced pulling out of ACTM with a semi-large quantity of shares, and if I successfully flip labcoin I'm going right back into ACTM. So shhhh Pump + dump. Anyone wanna hold this bag for VE? |
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...and a fine company at that. Well maybe not all that fine actually...
Many did eventually get refunds though and the guilty party did get a perty perty scammer tag.
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The Master BFL Shill speaks the truth.
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It's not about the chip arriving date. It's about their ability to deploy the hashing power and how upfront they communicate with the investors. I think management has made it pretty clear how they'll communicate with investors. |
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What day in August September did the majority of August orders start shipping? Tada! |
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The NSA is operated under the jurisdiction of the Department of Defense, which has 3.28 MILLION employees, and you're calling them all satanists? They all have families and religions of their own, and if you're going to disregard that, you're the one doing Satan's bidding, causing turmoil and disrupting those who worship God in their various ways.
Satanists are the Bilderberg Group that own the NSA. They employ people to work for them that don't know the NSA is owned by the Devil worshipers cult illuminati (also known as the Bilderberg Group). Here I thought they were just Fascist pigs. Thanks for clearing that up bud. |
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 KENNY ^^^ NOT Kennedy ^^^ |
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The people that fund and own the NSA are Satanic. That's what make the NSA on Team Satan.
Get it? I do. I believe they've also killed kenny.  |
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Do they think playing the game of words (before vs no later than, etc) is funny or beneficial to the market price? Their PR is full of non-sense and I've already asked numerous questions that always were ignored by the LC team (last question was clarification on generated blocks, no answer). Management has been playing word games for months. They're clearly stalling and are unwilling to level with shareholders. |
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