If they are hashing at 2 TH/s, and their threshold is set to 3.27 BTC, we should see another 3.27 BTC payment within 10 hours (unless Slush is unlucky, which could add a couple of hours to the deadline)
Slush stats report: Approx. cluster performance (30 min average): 67,212.914 Ghash/s Some quick rough math... 11% of 25 BTC is 3.25 BTC. So to earn 3.25 BTC per block, they would need to be hashing at about 11% of the 67,212.914 Ghash/s. That would be 6,721.2914 GHash/s. This is about 3x or so more than the 2TH previously mentioned. Granted, that 2TH was a few weeks ago and they could have more equipment online by now. -Ukyo |
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Would 3.x per block mean they represented ( 3.x / 25 ) of slush's entire rate? That seems unlikely...
By 3.x btc I was reference the amount that was paid out last. 3.  btc. We would want to hope that they would be getting about that per block if it was representing 1~2 TH of mining power. If several more slush blocks hit payout and they receive nothing, that will tell us quite a bit. As it stands by slush's site there are "32 confirmations left" until next block payout on their site. Block, total block amount, remaining confirmations 258662 27.53925472 32 confirmations left 258663 26.63200108 33 confirmations left 258667 25.06536657 37 confirmations left 258672 26.11757425 42 confirmations left 258675 25.64535284 45 confirmations left These will give valuable insight. -Ukyo |
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I mined on Slush for a while.
They pay at every threshold last I know and typically once per block.
Either:
a. random person pointed their 3.x btc payout to LC's address to cause a share price spike and make it up there
b. LC is getting about 3.x btc per block on slush
C. LC had 3.x btc and lowered the threshold to allow a payout of the balance of 3.x btc.
While I would not rule out a, b and c are both promising.
-Ukyo
Option b) has just been ruled out. Slush just solved a block and no payout to Labcoin. Now a) and c) stay open. Actually, it's not slush finding a block, it's when the next block slush has found hits 100 confirms and can payout. |
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Pretty good attempt. Already some 60btc in buy orders.  |
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I mined on Slush for a while.
They pay at every threshold last I know and typically once per block.
Either:
a. random person pointed their 3.x btc payout to LC's address to cause a share price spike and make it up there
b. LC is getting about 3.x btc per block on slush
C. LC had 3.x btc and lowered the threshold to allow a payout of the balance of 3.x btc.
While I would not rule out a, b and c are both promising.
-Ukyo
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I'm surprised this stock hasn't imploded already, I just hope that it won't take btc-tc with it.
Well, based on: http://kryptotrader.com/api/securities.php?site=BTCT&query=LABCOINLabcoin's 30day BTC volume is about 58k BTC. from BTCT.co's main page, they have only bone 95k BTC total trades in the last 30 days. If labcoin drops, it will definitely take away more than half to 1/3rd of btct's total trade volume. -Ukyo |
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One interesting thing - anyone can send coins to this address. Someone holding a lot of btc could send to that address to pump the stock. They could potentially make a profit doing so.
Would be silly though unless that someone is using freshly generated coins. |
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My thoughts are that if Labcoin has been mining some for the last week or two, why not post the address that has those mined coins?
No matter what, forwarding those coins to any address to get into the investors hands will be traceable. I do not see a need to try to hide that address.
Labcoin could use a mixer, but what would be gained by keeping that address so secret?
Or is the intention not to pay out coins mined prior to this new address or some other event?
-Ukyo
That would be this address: 1NBDEAYH49tZvFMJ95oa4kYrqgecgnc16C Heya, thanks for the address. This does appear to have generated coins. Do you have proof this is from Labcoin? (I may have missed a post, there are quire a few.) But if LabCoin had posted this, people would not be arguing if LC is mining or not.  Or was this an address that was found to be mining and is guesswork?  Thanks, Ukyo |
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My thoughts are that if Labcoin has been mining some for the last week or two, why not post the address that has those mined coins?
No matter what, forwarding those coins to any address to get into the investors hands will be traceable. I do not see a need to try to hide that address.
Labcoin could use a mixer, but what would be gained by keeping that address so secret?
Or is the intention not to pay out coins mined prior to this new address or some other event?
-Ukyo
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I just wanted to say thanks to hl5460 for all the translating work he has done. It really does help to spread bitcoin around the world. -Ukyo |
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He has been spending a lot of time trying his best to be sure things are right.
As soon as everything is good to go the page should be made public and bids can start.
-Ukyo
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Since it will be listed on the 3 exchanges, can we opt to have the shares on Havelock or BTCT instead? I am an XBOND holder and would prefer to keep my NEOBEE shares on Havelock.
I can just buy the shares on havelock. TAT will have a PT there. |
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Looks like everything should be back to normal now.
-Ukyo
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Yes site is working again now, one needs to accept the certificate thou, good you fixed it Ukyo.
We are still working to get the SSL issue at CloudFlare resolved. Hopefully soon in the next month or two we will have our own EVSSL. |
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We have been working to re-establish the site, you may notice some SSL errors.
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"100% uptime guarantee" they say. -_-
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Cloudflare has arbitrarily 'lost' our domain. (We do have a high tier service)
We have ticket open with them at the moment.
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About 75% of pages generated, taking a minute or so to fully load on FF and Safari, this morning. Loads eventually tho.
turn off the *&*^%#@ failgraphs. You can do it under settings. |
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Just thought I would make a mention... (Using the , as a display separator) Initial "early-bird" share price was 0.0000,5000 10,000,000 were sold at this rate. Total Div paid by btcQuick per 1 share is at 0.0000,1272 Current trade price is around 0.0006,4000 at this moment. The last two dividend payouts were 0.0000,330 and 0.0000,0290 for a 1 month dividend payout total of 0.0000,0620 already passing 10% of original share price returned per month. A best guess based solely on historical dividend payout data suggests that within the next few months btcQuick may be returning at least 10% of original share price per dividend payout which being twice per month equating to at least 20% of original share price returned per month. For an asset that is not gambling or mining, I think this is pretty impressive and shows all the hard work and dedication they have put into this. (Side note: If I made any mistakes feel free to correct me. I blame it on the flu. |
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Allright. I will dust off cold addresses and sign you something with other details later today. Thank you for the reply.
We'll get it straightened out. On the flip side, I was just notified that shares have just been transferred from the PT. (This was a complete surprise to me.) I am waiting on him to tell me whats going on and how many shares we should have that I now have to deal with. Hopefully he can also tell me where the related BitFunder shares are for this transfer since DT says he has none. This is exactly why I had things suspended until everything could be figured out and sorted. -Ukyo |
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