Thats old news.

Do you mean die size or feature size?  28nm and 130nm are feature sizes, how big the transistors are.  Die sizes are how big the chips themselves are, and thus how much they cost to manufacture.

Smaller feature size means you can cram more transistors per mm², which means you can get the same hash power with smaller, cheaper dies.

So in other words, the shipping company with the electric trucks and solar panels will have a much higher startup cost, but in the long run they will be able to charge less in the long run once that cost is amortized because they won't have to pay for gas or electricity.  They can continue to charge less until their competitors go out of business, if they feel like it.

But anyway, that doesn't really matter that much at this point, because there is so much profit available everyone can make money.  For now. But labcoin is going to have to keep up with the technology curve in the long run.

Everyone, just stop with the die size comparisons. They're completely useless for differentiating profitability. They'd be useful for expressing differences in package size or interface speeds, but they do not belong in the conversation for profitability.

Let me put it to you as an illustration:

There are two shipping companies that go into business at the same time, OldShip and NewShip. OldShip buys older planes and used diesel trucks, warehouses relatively far out from airports in a cheap industrial zone, and tries to be as lean and nimble as they can to compete, even if that means using older but reliable equipment to save on costs. NewShip uses brand new planes and electric trucks, puts their solar-powered warehouses right on the high-rent flightline for super-fast loading and unloading of their cargo planes, and emphasizes the use of new technology whenever possible.

Assuming both can get the undamaged package delivered in the same amount of time, which company do you choose to ship a critical 10-pound package overnight from Miami to Seattle?

If you said "well, that depends - what does it cost?", you're exactly right. People don't buy shipping services for the company's brand new planes or their electric trucks or their solar-powered warehouses, they buy shipping services to get a package of a certain size across the country undamaged in the time allotted. Similarly, serious bitcoin miners don't buy die size or flashy packaging (unless you want a shiny AsicMiner USB stick for the lulz), they buy hashrate per [insert currency here] from whatever costs the least amount today. So, to put this on investment terms, who makes more money, OldShip or NewShip? Well, that depends on their effective costs. If OldShip can provide the same service as NewShip for less per package and can therefore charge less, they're going to get the bulk of the business and probably the bulk of the profits. (It's more complicated than this, but this is just an illustration.)

As I'm sure you can guess, I'm suggesting Labcoin is like OldShip, using tried but true technology that's available virtually off-the-shelf. They're focusing on the end result being the fastest hash rate for the least amount of capital. Companies such as ActiveMiner are like NewShip, striving for bleeding-edge technology, but they have to wait in line for the factory to fulfill their infrastructure orders before they can start shipping, and they lose out on the few months they could have been in business while waiting. That 10 pound box is like 10 gigahashes/second - as a buyer, it doesn't matter how you get it, what kind of label is on it, or if you sign a paper or electronic clipboard on delivery... you just want the most hash rate for the least amount of money ASAP.

So, please - enough with the emphasis on die size. As long as Labcoin's design can provide the same hashrate for less money, even if it means using more physical chips to do it, they can use vacuum tubes* for all I care.

^{*Very, very small vacuum tubes. Or maybe orphans with a bunch of abacuses, that would probably be less heat to dissipate.}

Panic! Sell!

Naa, it works .

Just got off the phone with Sam - it is a pleasure to talk to him and gives answers to all questions, so if you have any questions I suggest you call him

I asked him if you could install a water cooling kit and he said that these ASIC chips are bigger in size, thus the market solutions, which are for CPU cooling would probably not work.
Which made me wonder how they've used the Arctic A30 cooler, when it is for CPU die sizes too.
But he said there is absolutely no problem to change the fans if you want less noise or higher performance.

Also I wasn't sure how noisy the miners are, thinking they will produce more noise, compared to a GPU miner, but I was totally wrong - he said it would be much quieter and it makes sense as GPU fans are much smaller and spin much faster (4000rpms for example) So the bigger the fan the quieter it is

http://mining.thegenesisblock.com/a/9e62ea57e7

With October shipping there no RoI... Bailout now, get your refunds!

LOL!!  I got an email notification of a new post and just went to the thread and answered the question. LMAO!!!!!!!!!!!!  I don't know why I got a notification of a new post.  Maybe someone posted and then deleted it.  That is pretty funny!!!  I wasn't paying any attention.