[ANN] labcoin ASIC - v.1 @130nm/300Mhz -16 cores chip - European / Chinese Team

[warhawk187]

Hmm, I'm a bit nervous about the whole "by the end of September" thing for getting everything online. Hopefully they have a faster internal goal for getting that initial hash power online.  I'm expecting pretty massive diff increases starting in September when the first KnCs hit.

Of course the dates/times provided take into consideration lead time etc. I personally also feel that accounting for current max-diff increase per period is more than taking into account a LOT of ASIC delivery.

NO NEWS for the last 2 weeks or so, why? After doing a successful IPO they vanished into the thin air? Why No Updates? What's going On with LabCoin? When are the Chips coming out? Hello, where is Sam??

I've never seen someones ignore button get so yellow in a span of ~90 days.

[Ytterbium]

Hmm, I'm a bit nervous about the whole "by the end of September" thing for getting everything online. Hopefully they have a faster internal goal for getting that initial hash power online.  I'm expecting pretty massive diff increases starting in September when the first KnCs hit.

Of course the dates/times provided take into consideration lead time etc. I personally also feel that accounting for current max-diff increase per period is more than taking into account a LOT of ASIC delivery.

NO NEWS for the last 2 weeks or so, why? After doing a successful IPO they vanished into the thin air? Why No Updates? What's going On with LabCoin? When are the Chips coming out? Hello, where is Sam??

There has been news. A lot of it has been in the thread on the security board. Basically the chips should be arriving from the fab in the next few days, and they expect a week or so to get the first 2000-2500 chips online and hashing.

[balanghai]

RESERVED

[Ytterbium]

RESERVED

Lol, it's a bit late for that, isn't it?  

Who is going to read 15 pages in?

[mmitech]

RESERVED

Lol, it's a bit late for that, isn't it?  

Who is going to read 15 pages in?

maybe he think that he is reserving some place in the queue,  hahaha

[BitCsByBit]

RESERVED

Lol, it's a bit late for that, isn't it?  

Who is going to read 15 pages in?

maybe he think that he is reserving some place in the queue,  hahaha

I'm all in.

[RoadStress]

Hmm, I'm a bit nervous about the whole "by the end of September" thing for getting everything online. Hopefully they have a faster internal goal for getting that initial hash power online.  I'm expecting pretty massive diff increases starting in September when the first KnCs hit.

Of course the dates/times provided take into consideration lead time etc. I personally also feel that accounting for current max-diff increase per period is more than taking into account a LOT of ASIC delivery.

NO NEWS for the last 2 weeks or so, why? After doing a successful IPO they vanished into the thin air? Why No Updates? What's going On with LabCoin? When are the Chips coming out? Hello, where is Sam??

I've never seen someones ignore button get so yellow in a span of ~90 days.

What's up with that? Does it get yellower when more people ignore that person or what?

[VolanicEruptor]

Hmm, I'm a bit nervous about the whole "by the end of September" thing for getting everything online. Hopefully they have a faster internal goal for getting that initial hash power online.  I'm expecting pretty massive diff increases starting in September when the first KnCs hit.

Of course the dates/times provided take into consideration lead time etc. I personally also feel that accounting for current max-diff increase per period is more than taking into account a LOT of ASIC delivery.

NO NEWS for the last 2 weeks or so, why? After doing a successful IPO they vanished into the thin air? Why No Updates? What's going On with LabCoin? When are the Chips coming out? Hello, where is Sam??

I've never seen someones ignore button get so yellow in a span of ~90 days.

What's up with that? Does it get yellower when more people ignore that person or what?

[zacharycebu]

Anyone know why the labcoin IPO crashed so hard today? (it has since picked back up, but there was a HUGE HUGE drop)

[CoinHoarder]

Anyone know why the labcoin IPO crashed so hard today? (it has since picked back up, but there was a HUGE HUGE drop)

Interesting. I haven't been keeping up with it, but I suppose the answer is somewhere towards the end of this thread for discussing the Labcoin security: https://bitcointalk.org/index.php?topic=263445.0

I'll read it over and edit the reason into my post here, because I am also curious now.  

EDIT: It seems Eve it right, "You know why? They weren't any updates or news from theSwede or Sam after the IPO? Off course everyone is worry."

It seems like a massive panic sale because of no updates. After the ball starts rolling down the hill, it is hard to stop.

[eve]

Anyone know why the labcoin IPO crashed so hard today? (it has since picked back up, but there was a HUGE HUGE drop)

You know why? They weren't any updates or news from theSwede or Sam after the IPO? Off course everyone is worry.

[eve]

and here is the thread that has something to do with their IPO, https://bitcointalk.org/index.php?topic=263445.3760

Some says share were locked? and others say lack of communication between them, but the production is done by the Chinese guys in China, so wouldn't know how much of an influence they have over them? or was there a fallout between Sam and theSwede over btc?

Btcgarden already closed shop, refunding their IPO.

Waiting for Sam and theSwede for an updates.

[physalis]

Anyone know why the labcoin IPO crashed so hard today? (it has since picked back up, but there was a HUGE HUGE drop)

Interesting. I haven't been keeping up with it, but I suppose the answer is somewhere towards the end of this thread for discussing the Labcoin security: https://bitcointalk.org/index.php?topic=263445.0

I'll read it over and edit the reason into my post here, because I am also curious now.  

EDIT: It seems Eve it right, "You know why? They weren't any updates or news from theSwede or Sam after the IPO? Off course everyone is worry."

It seems like a massive panic sale because of no updates. After the ball starts rolling down the hill, it is hard to stop.

The reason was that most of the investors in this place are impatient little kids.

TheSwede said he will give an update "early next week" and all the kiddies were sitting on the edges of their seats on monday and tuesday. Then Swede posted something along the lines "Sorry I wasn't able to talk to [the labcoin team] today, so I got no update right now". Then people went bananas, trolls came and called everything a scam, blablabla, more idiots joining the FUD party, blablabla => crash. Then just a few hours later, the actual update came and the price shot back up.

To summarize again: impatient little kids who fall for FUD, that's all.

last updates:
https://bitcointalk.org/index.php?topic=263445.msg3024941#msg3024941 (confirmation that the first batch of chips are received)
https://bitcointalk.org/index.php?topic=263445.msg3034290#msg3034290 (photo of the chip)
https://bitcointalk.org/index.php?topic=263445.msg3036247#msg3036247

[chip_painter]

Today we have a very important update, the Chinese team is simulating a lot of design simultaneously and worked almost non-stop for the last 48 hours  targeting different process sizes.

The results are more than positive, i will try to outline them in the clearest way possible.

1) The 65nm 500Mhz is still undergoing post-verification phase, while another simulation is ongoing at 600Mhz and we're waiting for the results.

2)  Post simulations yielded positive results on a 130nm, 300Mhz, Power 0.8W, 6.5x6.5mm design.
    
     The team is working on HDL optimizations to get 16 cores for chip.

     Some math, quoted from the tech team

    "300M*16=4.8G, 0.8*16=12.8W, Area=130,0000*16=2080,0000, make the utilization ratio to 50%, the chip size will be about 4160,0000um2, about 6.5mm x 6.5mm"

     "Power consumption per GHash is 12.8W/4.8G=2.7W/GHash"

      "Estimated selling price for chip, 8-9 USD"

What does this mean ? i think it's not hard to get.  130nm process and 5GH speed at slightly higher power consumption, but competitive prices.

Shoot any question guys

Sam
Labcoin team

estimated selling price of 8-9 USD is affordable, is this confirm??

I wonder if the calculations are correct. the "a 130nm, 300Mhz, Power 0.8W, 6.5x6.5mm design" means the size for 1 core is 6.5*6.5. or for 16 cores?
That is very confusing.

[tucenaber]

We own and run several machines. checkout the team labcoin at btcguild

This team is old.

[RoadStress]

We own and run several machines. checkout the team labcoin at btcguild

This team is old.

This team can't post a mining address.

[BitCsByBit]

We own and run several machines. checkout the team labcoin at btcguild

This team is old.

This team can't post a mining address.

This team has posted their mining address.

[RoadStress]

We own and run several machines. checkout the team labcoin at btcguild

This team is old.

This team can't post a mining address.

This team has posted their mining address.

After a few days of setting things up, still no hashing hardware.

[freedomno1]

We own and run several machines. checkout the team labcoin at btcguild

This team is old.

This team can't post a mining address.

This team has posted their mining address.

After a few days of setting things up, still no hashing hardware.

See something now
https://bitcointalk.org/index.php?topic=263445.msg3207029#msg3207029
http://www.btcguild.com/index.php?page=rankings&section=teams

[Ytterbium]

They should share technical details with the community.  It's likely some people might be able to come up with software fixes to help stability issues (from what I understand the chips were 'resetting' after a couple of diff1 shares - possibly patching the software to shut off and restart the chip manually after a few MS to 'cool down' after a diff1 share could help)