btt

[creativex]

Just in from Labcoin:

And here it comes, finally, today we are proud to announce the starting of mining operations in time with our roadmap.  
The last week has been extremely busy and work is still in progress to bring online the whole hashing power.

We're currently averaging about 2 TH/s in solo mode, and expect to deploy at least 4 TH by monday 16, to reach gradually 50 TH within October.

The website will be updated this week in order to show our live hashing rate and dividends will be paid every two weeks.
More pictures of the laboratory setting where the hardware is currently deployed will be also distributed. Complete installment will be shown when our final premise will be ready. We're still considering some business aspects, including only focusing on the upcoming 65nm version for what concerns bulk chip sales. We plan to take a final decision regarding this issue during the next month.

We want to say thanks to all investors who trusted us during this long endeavor.

We will be here for about one hour to answer questions.

Labcoin Team

https://bitcointalk.org/index.php?topic=263445.msg3115825#msg3115825

[JimiQ84]

Just in from Labcoin:

https://bitcointalk.org/index.php?topic=263445.msg3115825#msg3115825

awesome! Can you imagine better birthday present? 

[creativex]

Without a shred of proof.

Right. Can't increase stake, because they won't provide proof of work.

[creativex]

Just in from Labcoin:

https://bitcointalk.org/index.php?topic=263445.msg3115825#msg3115825

awesome! Can you imagine better birthday present? 

Umm...well there was this hot gymnast...

[JimiQ84]

Just in from Labcoin:

https://bitcointalk.org/index.php?topic=263445.msg3115825#msg3115825

awesome! Can you imagine better birthday present? 

Umm...well there was this hot gymnast...

you mean Mrs. creativex, right? Doesn't she read bitcointalk?

[creativex]

Not so loud please.

[creativex]

Dividends from labcoin's 2 - 4Th/s solo mining operation to start on Tuesday 17 Sept.

[AngelSky]

Dividends from labcoin's 2 - 4Th/s solo mining operation to start on Tuesday 17 Sept.

[guitarplinker]

So creativex you don't think Labcoin is lying to shareholders about them having equipment online now? It appears lots of people in the thread do.

Eitherway, I just bought a single share in it, so not too much lost if it doesn't pan out.

[AngelSky]

So creativex you don't think Labcoin is lying to shareholders about them having equipment online now? It appears lots of people in the thread do.

Eitherway, I just bought a single share in it, so not too much lost if it doesn't pan out.

Watching the Labcoin thread is better than watching TV.

[guitarplinker]

So creativex you don't think Labcoin is lying to shareholders about them having equipment online now? It appears lots of people in the thread do.

Eitherway, I just bought a single share in it, so not too much lost if it doesn't pan out.

Watching the Labcoin thread is better than watching TV.

That is very true...

[iCEBREAKER]

So creativex you don't think Labcoin is lying to shareholders about them having equipment online now? It appears lots of people in the thread do.

Eitherway, I just bought a single share in it, so not too much lost if it doesn't pan out.

Watching the Labcoin thread is better than watching TV.

That is very true...

Only if you have a sense of humor.   

Some grouchy geezers are dour old twats and can't take a joke.

[AngelSky]

So creativex you don't think Labcoin is lying to shareholders about them having equipment online now? It appears lots of people in the thread do.

Eitherway, I just bought a single share in it, so not too much lost if it doesn't pan out.

Watching the Labcoin thread is better than watching TV.

That is very true...

Only if you have a sense of humor.   

Some grouchy geezers are dour old twats and can't take a joke.

@ice: having fun too ? good to know 

[iCEBREAKER]

So creativex you don't think Labcoin is lying to shareholders about them having equipment online now? It appears lots of people in the thread do.

Eitherway, I just bought a single share in it, so not too much lost if it doesn't pan out.

Watching the Labcoin thread is better than watching TV.

That is very true...

Only if you have a sense of humor.   

Some grouchy geezers are dour old twats and can't take a joke.

@ice: having fun too ? good to know 

Of course.  As Dr. Ron Paul sagely advised, "If you're not having fun, you're doing it wrong!"

[MilkyLep]

Happy Birthday Creativex! I trust the mojitos finally made their due appearance, and hopefully even a steak dinner!

This most recent labcoin update is interesting, but pictures, proof, and wallets are provoking. As usual, more often than not in BTC world, this week will certainly be suspenseful.

[creativex]

Happy Birthday Creativex! I trust the mojitos finally made their due appearance, and hopefully even a steak dinner!

This most recent labcoin update is interesting, but pictures, proof, and wallets are provoking. As usual, more often than not in BTC world, this week will certainly be suspenseful.

TY! Alcohol moi? Never touch the stuff. *hiccup* We settled on homemade butter chicken and naan...awesome sauce.

Yeah labcoin is tough to figure. There's a time frame associated with the pictures now(48hrs), so they'll meet it or not, but either way we'll have more information. They're keeping everybody guessing that's for certain.

[creativex]

So creativex you don't think Labcoin is lying to shareholders about them having equipment online now? It appears lots of people in the thread do.

Eitherway, I just bought a single share in it, so not too much lost if it doesn't pan out.

Hi guitarplinker. It's a tough call. My instincts lead me to conclude that they're telling, at least, partial truths. Had they presented the rosiest of scenarios today(ie 6Th/s online now) it'd have made me more suspicious. There's tremendous upside here, primarily because they have a chance to beat the tidal wave of hashes that are coming from new vendors. We have only 16-17BTC at risk so I believe the risk/reward profile still works.

Cheers.

[creativex]

Update from Avalon:

Avalon ASIC

Now accepting refunds from any and all order dates
Due to delays we are now offering full refund in bitcoin for all the Avalon Generation One orders made on any date, It is advise for people to request refunds due to the delay and raise of bitcoin difficulty.

The update refund form can be found on the main store site, linked here.
Due to phishing attempts and spam, any refund request not made containing the original order email and phone number will be automatically rejected by the system and marked as spam, so please bear this in mind.

Avalon Generation Two Chips 55nm
Those who have invested in time and money on Avalon Generation One based devices and clones can rejoice in the fact we had the foresight to make Avalon Generation Two chips completely backward compatible in every way with 110nm generation one chips, which can be expect to go on sale Late October 2013 for immediate shipping. Avalon will no longer participate in any kind of pre-ordering.

Developers and Hobbyists should keep an close eye on our github account as we will be releasing the 55nm chip specification and reference design soon!

http://us5.campaign-archive2.com/?u=238a9ecd2e5192e3cd3ace26d&id=1a696dd59b

[guitarplinker]

Urg this stock game is getting to me. Thought I'd come here because the Labcoin thread is a huge mess plus creativex is a cool guy.  

I'm still in high school and trying to learn all about this. I'm glad I only have 40 cents in Labcoin because right now nobody knows whats going on with it. I'm also hoping bASIC share prices go up, because right now I've invested around $25 and with dividends I've received counted in, I'm still around $10 in the hole. :/

**Not just with investments in bASIC, investments in other places as well.

Oh well, at least I'm learning.

[creativex]

Thanks!

What are these "$" thingies you've scattered throughout your post?

That thread is a train wreck to be sure. Carnth had some wise advice back a few pages as I recall.