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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1079977 times)
klee
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September 18, 2013, 08:12:57 PM
 #11301

SELL!! I wanna buy at 0.001  Cool

if you wanna give away bitcoins then please send me some too.
Seel me your shares at that price Wink
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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TheSwede75 (OP)
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September 18, 2013, 08:13:06 PM
 #11302

As I had predicted, labcoin currently has 0 TH of mining power.
+1

I am going to let the mining speak for itself when the pool merge is complete. I would like to note however that even with 5+ TH solo-mining it can easily take 2+ days to find a block due to variance, hence the move to pool-mining.
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September 18, 2013, 08:13:44 PM
 #11303

As I had predicted, labcoin currently has 0 TH of mining power.
+1

I am going to let the mining speak for itself when the pool merge is complete. I would like to note however that even with 5+ TH solo-mining it can easily take 2+ days to find a block due to variance, hence the move to pool-mining.

WE HAVE YOUR WORDS ?  Grin Grin Grin Grin
Bitcycle
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September 18, 2013, 08:13:56 PM
 #11304

For the record, this company is made up entirely of clowns.
TMAN
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September 18, 2013, 08:14:05 PM
 #11305

As I had predicted, labcoin currently has 0 TH of mining power.
+1

I am going to let the mining speak for itself when the pool merge is complete. I would like to note however that even with 5+ TH solo-mining it can easily take 2+ days to find a block due to variance, hence the move to pool-mining.

Which pool?

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redphlegm
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September 18, 2013, 08:14:11 PM
 #11306

As I had predicted, labcoin currently has 0 TH of mining power.
+1

I am going to let the mining speak for itself when the pool merge is complete. I would like to note however that even with 5+ TH solo-mining it can easily take 2+ days to find a block due to variance, hence the move to pool-mining.

This was the reason people recommended pooled mining when solo was first mentioned. But hey, can't blame you for trying to keep from paying pool fees / avoiding pool ddos.

Whiskey Fund: (BTC) 1whiSKeYMRevsJMAQwU8NY1YhvPPMjTbM | (Ψ) ALcoHoLsKUfdmGfHVXEShtqrEkasihVyqW
matt4054
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September 18, 2013, 08:14:14 PM
 #11307

As I had predicted, labcoin currently has 0 TH of mining power.
+1

I am going to let the mining speak for itself when the pool merge is complete. I would like to note however that even with 5+ TH solo-mining it can easily take 2+ days to find a block due to variance, hence the move to pool-mining.

You said you've been mining for more than 2 weeks now, so where is the problem with 2+ days?
aquarius
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September 18, 2013, 08:14:18 PM
 #11308

SELL!! I wanna buy at 0.001  Cool

if you wanna give away bitcoins then please send me some too.
Seel me your shares at that price Wink

already sold every share I had.
Vigil
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September 18, 2013, 08:14:21 PM
 #11309

As I had predicted, labcoin currently has 0 TH of mining power.
+1

I am going to let the mining speak for itself when the pool merge is complete. I would like to note however that even with 5+ TH solo-mining it can easily take 2+ days to find a block due to variance, hence the move to pool-mining.
You all should have done that to begin with.
velacreations
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September 18, 2013, 08:14:22 PM
 #11310

We are indeed mining

FAIL!

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September 18, 2013, 08:14:34 PM
 #11311

I am going to let the mining speak for itself when the pool merge is complete. I would like to note however that even with 5+ TH solo-mining it can easily take 2+ days to find a block due to variance, hence the move to pool-mining.

Hey Swede, please clarify: new generated blocks will land in this address and you won't "mine with another one" and push the coins there, right?

minerpart
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IIIIII====II====IIIIII


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September 18, 2013, 08:14:37 PM
 #11312

This is a FIVE MILLION DOLLAR company and they are behaving like children.

Even if you think they are still legit you should dump their stock to teach them a lesson and open a case with your lawyer.

Unbelievably bad for the BTC community. This could hit the news and set back BTC by 2 years.

NOT ACCEPTABLE.
klee
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September 18, 2013, 08:14:49 PM
 #11313

SELL!! I wanna buy at 0.001  Cool

if you wanna give away bitcoins then please send me some too.
Seel me your shares at that price Wink

already sold every share I had.
Me too lmao
limbaugh
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September 18, 2013, 08:15:08 PM
 #11314

SELL!! I wanna buy at 0.001  Cool

if you wanna give away bitcoins then please send me some too.
Seel me your shares at that price Wink

already sold every share I had.

That's OK, you can buy back in at .003 when pool mining is verified...
E.Sam
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September 18, 2013, 08:15:12 PM
 #11315

I would of course argue that the missed deadlines are a direct result of the issues the developers have had and not anyone deliberately misleading anyone. Either way, there is now an address public where pooled mining income will be sent once the software issue that is being worked on is solved. I can't think of a more 'definite' means of communicating the status of the project then that.

so, have you been mining with 2 TH/s or not?  yes or no?

If you say no, then you have deliberately misled us. 
If you say yes, then why did you post a new mining address, other than to deliberately mislead us?

+1. Please answer.

+2. Please answer.
kokojie
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September 18, 2013, 08:15:14 PM
 #11316

As I had predicted, labcoin currently has 0 TH of mining power.
+1

I am going to let the mining speak for itself when the pool merge is complete. I would like to note however that even with 5+ TH solo-mining it can easily take 2+ days to find a block due to variance, hence the move to pool-mining.

Since you claim you are now mining at a pool, then any bitcoin going to your "mining address" is not proof, therefore CAN'T "speak for itself".

Unless you are also providing a public mining stats page from the pool.

btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
FloatesMcgoates
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September 18, 2013, 08:15:25 PM
 #11317

Remember when Labcoin blatantly lied about having 2 TH?


Zakryze
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September 18, 2013, 08:15:58 PM
 #11318

As I had predicted, labcoin currently has 0 TH of mining power.
+1

I am going to let the mining speak for itself when the pool merge is complete. I would like to note however that even with 5+ TH solo-mining it can easily take 2+ days to find a block due to variance, hence the move to pool-mining.

who gives a shit about your words anyways? you are one of the biggest puppets in bitcoin world. SHAME ON YOUR DISHONEST WORDS

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afrotec
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September 18, 2013, 08:16:04 PM
 #11319

This is a FIVE MILLION DOLLAR company and they are behaving like children.

Even if you think they are still legit you should dump their stock to teach them a lesson and open a case with your lawyer.

Unbelievably bad for the BTC community. This could hit the news and set back BTC by 2 years.

NOT ACCEPTABLE.

You're an idiot. Shut up.
Luckybit
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September 18, 2013, 08:16:08 PM
 #11320

Address 17psAW21J4twanAFWmbcd5WdX2pKeX3trm

First seen?: Never used on the network (as far as I can tell)
Received transactions: 0
Received BTC: 0
Sent transactions: 0
Sent BTC: 0
Hash160?: 4ade2df61ee1d7f0d89d46c9dc4ff1e7e1dd6f21
Public key?:
Unknown (not seen yet)

lol so the address we all waited for is an empty address with nothing? so labcoin got ZERO bitcoins from supposedly mining for 2 weeks with at least 2TH?

If you have kept up with the updates, you would know that there have been some delays etc. The team is signing a clean address so that there will be zero questions that this is indeed the mining address used, and that all coins are indeed from the mining operation.

I think to be fair, lets all monitor that address for a few days and see what happens. If they are mining on a pool then they'll have to get some coins within the next few days and if that happens then its evidence that its not a scam.

Also Swede just came clean and admitted there have been delays.
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