btw help me out a bit, do we really have to wait until December for hashing?
im afraid i cant wait, market and difficulty might swoop big time
Yes, this mine will be using Cointerra chips that will release in mid December. The network will most likely be between 3.5-6PH by then. The chips will be realised mid December if there are no delays. Then they need to be assembled. I'd say it will be lucky if they are hashing end of Jan. maybe he went off with smile , hoping to login back and see the money  . but hey, wait a min, didnt ken say in his update, that he will change some plan due to market, now i smell ken(ActM) is planning to build PH/s miner |
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btw help me out a bit, do we really have to wait until December for hashing?
im afraid i cant wait, market and difficulty might swoop big time
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Hmm, at 2.5k initial shares this might not be such a bad investment.
However, the contract clearly states that there would be 50k initial shares - what has prompted this change and what do you plan to do with the other shares? I certainly dont want to invest believing the IPO is 2.5k when there is the possibility of another 97.5k being dumped.
2.5k is actually a reasonable offering, there is absolutely no chance that 50k shares will be sold for this IPO - just take a look at HOSTED-MINING for reference.
I'm confused by that too... The 100 purchase was me, not the issuer. uh ok, i see it moving by 10x first 5, then 10, then 100 |
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some how i have feeling issuer is buying himself?
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hmm,
so we have to wait 3 month until they deploy?
i emailed him, no reply, so maybe you guys know more i think
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just to remind you guys, so within october the full speed = contains 65nm , i can say this, because they have theseven in project,  |
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I'll say LabCoin is not professionally managed in the respect of PR. TheSwede either lacks information or motive to do his PR job. A Hong Kong company and China factory introduced a PR living in US east coast itself is funny considering the time difference and the distance.
But I still don't think the project is completely a scam. We can avoid touching this stock because of lack of transparency and trust. But if you are already stakeholders, there's no reason to panic sell because someone said it is a scam.
Bottom line:
There's a CEO with real name and a QQ number, who admitted there's a project called LabCoin and Sam is indeed the leader. There's indeed a man called Wang Zhenghua in Shen Zhen China, who working in EE company. They did not grab the IPO money when they have chance to get double the money. They cannot dump all their shares due to the sheer order book. They can manipulate the market, but cannot gain much due to the relatively small volume.
Meanwhile, if there's finally a real collapse, only a small part of people could escape due to the sheer order book. The majority of the 10M shares will be 0 anyway.
In conclusion, if the LabCoin guy really want to earn big money, they have to work hard and get things done. If the chips were a failure, they can gain little by hiding the fact. So I still believe the chips are fine but not great. Most likely, the PCB part has some problem since they said they need to finalize the control board design. So if you are stakeholders, the best you can do is to hold tight and be patient and give them some time.
hard to say chips or board will fail, becuase they got "theseven" in project team, because the guy already delivered his own build miners long ago + coding. labcoin is doing good, after hashing starts, soon 65nm will be out and build to board, |
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so you guys want a picture of some chips; so after that you can photoshop it and say; thats a fake picture? hahahahaha Here have some:  im smiling , i like you |
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What does 接电话的人是个科学怪人 mean? Especially the last two characters?
weirdo i am glad i have sold. it will jump high as soon we approach hashing date + pictures 2 weeks to take a photo is long time to wait  everyone can lock in 10GH miner for only 3BTC and ship immediately- no gambles well do you want un-assembled chips and boards pictures taken? yes i do, cannot see why it would be any problem? i would like it too, but update said, just before mining |
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What does 接电话的人是个科学怪人 mean? Especially the last two characters?
weirdo i am glad i have sold. it will jump high as soon we approach hashing date + pictures 2 weeks to take a photo is long time to wait everyone can lock in 10GH miner for only 3BTC and ship immediately- no gambles well do you want un-assembled chips and boards pictures taken? |
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What does 接电话的人是个科学怪人 mean? Especially the last two characters?
weirdo i am glad i have sold. it will jump high as soon we approach hashing date + pictures edit:cheap shares now his ETA and news update are spot on , gives confidence that 65nm will be spot on, i say he might announce it after the hashing |
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we are in August ..nearly and I don't see anything about 65nm, they are running so late on deadline  they told that they will send USB sticks like Block Eruptors this month too  seems they change story often  not good start so far that will properly will be announced after hashing, |
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@wjsqsn
not again right? jezus...
In China，This Scam is being exposed why, theseven is in this project too, hard to believe what you saying |
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can you stop giving people heartache,
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Here it comes - back up again.
true, its going soon to 0.004, still cheap |
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Wasn't it supposed to be 6Th worth of chips? Do we know what happened to the rest of the chips? I wonder if there's a serious yield problem. 130nm is so mature at this point that yields should be very predictably high.
They are starting it up at 4TH and then ramp it up to 6TH. He stated that. Thanks. Who's "he" in this case? The official release says only: Status update
We have received the first chip batch and we're working full speed on finalizing the controller board design, mining will start no later than 10 September with about 3-4 TH, and to reach the full speed within October. Dividend payments will start on the same week.
We again remind everyone that the team shares won't be sold. We understand the investors concerns and we will be publishing pictures of the installment as soon as we are able to, before mining will start. not sure what you guys thinking, full speed within october = adding more miners the batch i believe can go 6TH as i see |
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Wasn't it supposed to be 6Th worth of chips? Do we know what happened to the rest of the chips? I wonder if there's a serious yield problem. 130nm is so mature at this point that yields should be very predictably high.
more will come online as soon hashing starts 10 sept, to full speed planned |
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Also by comparison AsicMiner is approx 60,000,000mhs/400,000 = 150mhs /share
150mhs/.4mhs = 375x valuation
2.8btc/375 = .0074 price per share of labcoin
hmm, maybe your calculation is incorrect say LC share is now 0.003 per share and its 0.4Mh/s AM say its 3 btc per share, you say its 150Mh/s ok therefore multiply 1000 to 0.003 to bring it to 3btc, therefore its Mh/s will also be 1000 x .4 = 400Mh/s per share at 3 btc for LC thats if you have 1000 share of 0.003. so LC wins, correct me if wrong oh im going dizzy been awake too long, didnt see the 0.0074 per share LC, nice share, i believe it should go high soon |
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