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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1079977 times)
bitrich
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September 27, 2013, 04:24:07 PM
 #15221


Im just spreading out a couple orders wanted to lighten up by about 50 shares, but i would rather just hold the 50 shares than sell under .003
You can spend all day on here talking shit about labcoin if you want but they are obviously not a scam, having difficulties sure but it takes some patience sometimes. In my case when I buy shares of anything its money that I dont need so I dont do the panic sell thing. I believe waiting this out will reap some reward by end of year if not huge rewards. Carry on with your fud seems like you have nothing better to do
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September 27, 2013, 04:28:17 PM
 #15222

http://lists.intercom.it/pipermail/btcgroup/2012-August/000015.html

[BTCGROUP] Update
Ken Shiring ken at shiring.com
Mon Aug 13 20:15:07 CEST 2012

    Previous message: [BTCGROUP] Update
    Messages sorted by: [ date ] [ thread ] [ subject ] [ author ]

Thanks for asking Paolo, this is an important issue we should discuss. Here
is what I know so far:

We have 2 options for funding schedule.  Each option has pros and cons.
Let me explain a little first what our remaining design flow is, which will
give you some perspective on the process:

1. We receive the technology library from our services provider.  I think
we will be using Globalfoundries' 65nm process.
2. I synthesize the design to the given tech library.  I will have to spend
some time on this step to get best quality of results (QoR).
3. I handoff the post synthesis netlist to our services provider.
4. They perform several back-end steps, like scan chain insertion, place &
route, and DRC checks.
5. They produce a GDSII file (this is the file which represents physical
geometry at the mask level).
6. We handoff a GDSII file to the fab (Globalfoundries).
7. The fab produces a physical mask.
8. The mask is used to make wafers.
9. Wafers are cut, tested, and packaged into our specified packaging.
10. We get chips back from the foundry.

This is a quite a bit of detail, but I thought you should understand the
process so we can talk about how the different options affect our schedule.


1. Fast option: Highest risk.  We give the design to our services provider,
and we do steps 1-10 as quickly as possible.  In this case, we will produce
a mask that is usable directly for production.  The mask that is made can
be used for high volume (10k+ parts/month).  The fab does a small run of
wafers, and sends them back to us for testing.  We test the parts, and we
find out if they are good or bad.  If they are good, we use the existing
mask and go to volume production right away.  There will be some fab queue
delays involved, but I don't yet know how long (we are still waiting on the
details from our provider).  We can also pre-order any number of production
parts before we get prototypes (known as a hot run).  This preorder is
another direct risk; we would get these parts before knowing for sure
whether the parts come back good.  The size of the hot run is totally up to
us (we decide how much risk to take).

2. Slower option: Less risk.  We give the design to our services provider
after doing steps 1-6.  When the mask is made (7), we use a process called
a multi-project wafer (MPW).  MPWs put many different designs on a single
wafer from many different companies.  This means the cost of a mask (and
wafer) is split among many different companies, and the price goes down
considerably.  However, only a small run of chips can be made.  This
process is used for prototyping, and most of the large companies use this
model at 65nm or lower to mitigate risk.  This option is considerably less
risky financially.  However, if the design comes back fully functional, a
2nd mask set must be made for volume production.  Step 7 must be repeated
to make a production mask set.  There is a turnaround delay to make the 2nd
mask, which adds to the total project time.

With option #1, we would need nearly all the funds up front.  With option
#2, we would need much less up front.  However, option #2 still requires
the same total funding (slightly more in total due to the 2 mask sets) in
the end.  I don't have specific cost numbers yet, but option #2 should be
~250k to get to prototypes.  Option #1 is about ~1m to get to prototypes.

I think option #2 is the best idea from an engineering view.  It puts the
smallest amount of capital at risk, and it also allows us to potentially
get started sooner if you are willing to fund the smaller sum up front and
raise the rest later.  I need to call my services provider back and remind
them we are waiting on some numbers, so hopefully in a day or so I will
have concrete details for you.


Ken





On Mon, Aug 13, 2012 at 7:18 AM, Paolo Agazzone <aga at intercom.it> wrote:

> **
>
> Hello all,
>
> I hope that we finally found a working configuration for this list! :-)
>
>
> on August most people/companies are on summer vacations, so things are a
> bit slowed down.
>
>
> However I'll have a meeting with Luca on thursday where we will also
> discuss about this project.
>
>
> Meanwhile I have a question:
>
>
> in case we will successfully find all the required funds, in which steps
> will be they employed/required? All upfront, at the beginning, or there are
> several phases? If so, which would it be (ballpark figure) the amount
> needed for each step?
>
>
> Regards,
>
> Paolo.
>
>
> --
>
> ------------------------------------------------------------------------
>
> Paolo Agazzone aga at intercom.it http://blog.agazzone.it/
>
> Linux Reg. User: #205873 Vaprio d'Agogna (NO) - Italy
>
> ------------------------------------------------------------------------
>
> _______________________________________________
> Btcgroup mailing list
> Btcgroup at lists.intercom.it
> http://lists.intercom.it/mailman/listinfo/btcgroup
>
>
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KS
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September 27, 2013, 04:29:42 PM
 #15223

Ohh wait the designer you mean HOWARD WHO IS ON THE OPPOSITE SIDE OF THE WORLD SINCE A MONTH AGO, that guy?

same state as Shiring from Wave Semi now.

That's either more practical or totally coincidental. No idea.
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September 27, 2013, 04:32:57 PM
 #15224

Agath, introduced by theSeven, had a talk with Alessia about the design of 65nm. He dropped from school and is an engineer taught by himself.

Just to be clear:

I have been contacted by someone who said to be Alessia Tatti on Freenode (delaria) a few months ago, and I had just a talk with her. Then I never heard from them anymore, and I am not involved in this project.

Ciao Paolo, che cos'è questa team mailing list? Cioè, non è che è una cosa vecchia, stiamo parlando di metà Agosto. Hai lasciato perdere oppure...?
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September 27, 2013, 04:34:12 PM
 #15225

And they are back at receiving payments of .05BTC lmao, 2-3days with almost 0GH. Their chips have failed guys, get over it. If it was tweaking it would of been running "in an hour" according to Sam's own words, if Sam even exists. The fact that's it's over 2 days, shows their chips have failed completely, if they even had some in the first place.

It's been months and they still can't post a picture of an actual board with chips on it, at this point their claim that it will hurt is is mute. It would actually help their cause, the fact that they continue to not communicate and post pictures just shows what a scam these guys are.
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September 27, 2013, 04:38:36 PM
 #15226

TheSwede75 - ONLINE!
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September 27, 2013, 04:39:24 PM
 #15227

Agath, introduced by theSeven, had a talk with Alessia about the design of 65nm. He dropped from school and is an engineer taught by himself.

Just to be clear:

I have been contacted by someone who said to be Alessia Tatti on Freenode (delaria) a few months ago, and I had just a talk with her. Then I never heard from them anymore, and I am not involved in this project.

Ciao Paolo, che cos'è questa team mailing list? Cioè, non è che è una cosa vecchia, stiamo parlando di metà Agosto. Hai lasciato perdere oppure...?

It seems to be Aug 2012

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September 27, 2013, 04:41:21 PM
 #15228

Agath, introduced by theSeven, had a talk with Alessia about the design of 65nm. He dropped from school and is an engineer taught by himself.

Just to be clear:

I have been contacted by someone who said to be Alessia Tatti on Freenode (delaria) a few months ago, and I had just a talk with her. Then I never heard from them anymore, and I am not involved in this project.

Ciao Paolo, che cos'è questa team mailing list? Cioè, non è che è una cosa vecchia, stiamo parlando di metà Agosto. Hai lasciato perdere oppure...?

It seems to be Aug 2012

/facepalm at self.

You're right, I read the 13 for the year! Well, the process explanation was informative at least Tongue
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September 27, 2013, 04:44:03 PM
 #15229

What happened to ukyo?
auto2nr1
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September 27, 2013, 04:47:00 PM
 #15230

Hope those guys buying @ 0.0005 will enjoy their 50% loss in a few hours  Grin

Based on that quantity I think it's more of a lottery ticket than an investment.

+1 Things are looking that way. I hope they can turn this around soon.
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September 27, 2013, 04:49:09 PM
 #15231

Ciao Paolo, che cos'è questa team mailing list? Cioè, non è che è una cosa vecchia, stiamo parlando di metà Agosto. Hai lasciato perdere oppure...?

That is an old mailing list created back in August 2012 where I was exploring the possibility to partner with a US company for funding a mining asic design. At the end we didn't find an agreement and this project didn't see the light.
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Hello!


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September 27, 2013, 04:49:18 PM
 #15232

Agath, introduced by theSeven, had a talk with Alessia about the design of 65nm. He dropped from school and is an engineer taught by himself.

Just to be clear:

I have been contacted by someone who said to be Alessia Tatti on Freenode (delaria) a few months ago, and I had just a talk with her. Then I never heard from them anymore, and I am not involved in this project.

Ciao Paolo, che cos'è questa team mailing list? Cioè, non è che è una cosa vecchia, stiamo parlando di metà Agosto. Hai lasciato perdere oppure...?

It seems to be Aug 2012

/facepalm at self.

You're right, I read the 13 for the year! Well, the process explanation was informative at least Tongue
Why did pyramining post in reply to this and then delete it?

EDIT: Ahh, seems agath is pyramining, lol.
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September 27, 2013, 04:50:17 PM
 #15233

Why did pyramining post in reply to this and then delete it?

Because I was logged with the other account.
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Hello!


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September 27, 2013, 04:52:21 PM
 #15234

Why did pyramining post in reply to this and then delete it?

Because I was logged with the other account.
Yeah I edited my post, my bad. I thought it was theswede posting because he just logged off then that was posted on an account that never posts here. LOL.  Cool
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September 27, 2013, 04:52:25 PM
 #15235

Ciao Paolo, che cos'è questa team mailing list? Cioè, non è che è una cosa vecchia, stiamo parlando di metà Agosto. Hai lasciato perdere oppure...?

That is an old mailing list created back in August 2012 where I was exploring the possibility to partner with a US company for funding a mining asic design. At the end we didn't find an agreement and this project didn't see the light.

Wrong account! agath or pyramining? Smiley

I hope you changed your way of doing things (mailing lists). Luckily for you there was no really confidential data in it.
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September 27, 2013, 04:52:44 PM
 #15236

Guys, I have just been contacted by labcoin _once_, and I never worked for them, and I am not related in any of their operations... please don't waste my (and your) time...
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September 27, 2013, 04:54:39 PM
 #15237

Any one want to guess on what TheSwede's drug of choice is?
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September 27, 2013, 05:02:59 PM
 #15238

Any one want to guess on what TheSwede's drug of choice is?

No chance you want to go double on our .5BTC bet, is there? All other conditions, including bet expiration time (~630PM Eastern tonight) would remain the same.
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September 27, 2013, 05:05:29 PM
 #15239

.0001?
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September 27, 2013, 05:10:39 PM
 #15240

.0001?

Yes, the bet that the price would be trading above .0001 (settles in my favor) or that it's trading at .0001 or lower (settles in your favor) at 06:38:35 PM Eastern Time tonight.

This would increase the stakes from .5BTC to 1BTC. Let me know if you're interested. Offer stands for the next 15 minutes, let's say.
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