Ytterbium
|
|
September 05, 2013, 04:27:35 AM |
|
Looks like someone just sold a big chunk of Labcoin and bought ActiveMining.
|
|
|
|
limbaugh
Legendary
Offline
Activity: 1311
Merit: 1000
|
|
September 05, 2013, 05:14:45 AM |
|
Big dump. Labcoin liquidating shares before the 10th?
1/10. Lacks any originality. Would not panic. OK, so a week until hashing starts and the vague updates have you convinced that everything is A-OK? Will you alert us when it is time to panic?
|
|
|
|
Mabsark
Legendary
Offline
Activity: 826
Merit: 1004
|
|
September 05, 2013, 05:36:13 AM |
|
If there's 5-6PH online in November and Labcoin effectively gets 50TH online, that's ~0.9% of the total network hashrate, earning around BTC1000 per month.
Whoa, 5-6PH in November? Is that remotely realistic? I've heard figures like 3-4PH by the years end... With a 30% increase per round, the network hash rate would be 2.3 Ph/s on 28th October. I think the rate of increase will start to slow down though by then.
|
|
|
|
camu6
|
|
September 05, 2013, 06:15:48 AM |
|
What happend to posting updates here and on BTC-TC?
|
|
|
|
KCBitcoin
|
|
September 05, 2013, 06:31:18 AM |
|
First day after retarget, 25% difficulty increase already?
|
|
|
|
Mabsark
Legendary
Offline
Activity: 826
Merit: 1004
|
|
September 05, 2013, 07:26:44 AM |
|
First day after retarget, 25% difficulty increase already?
Luck.
|
|
|
|
Vbs
|
|
September 05, 2013, 08:42:40 AM |
|
You're using one month to estimate an APR figure??? On a market where diff rises at an exponential rate?
You're the one picking November and that ridiculous 5-6PH number. LC will already have been mining for months by then. And yes, I can calculate an APR value for the given profit of a given timeframe. Let's have some chips working first, since their big value is on getting hardware running sooner than later.
Since they are planning to start mining within 5 days, they have working chips already. I've made no claim to any "ridiculous 5-6PH number". My replies were following Ytterbium's post. Next time, check your facts better. I think most of the risk comes from the possibility the companies are just fake, or not going to do what they say they're going to do. Any contrary evidence should boost the price.
But other then that, most of the 'scheduled events' should already be priced in. Emphasis on should. The problem is these markets are tiny and full of n00bs.
I still think LC is the better deal in the short term, they may make more profit off their 50Th/s in October then ActM will off however much it's planning on making in November. We'll probably see up to 5-6Ph come online in November with Cointerra and HashFast. Plus however much comes online from KnC machines in October.
And in order to compete, ActM is going to need a lot of capital for things like PCBs, etc. 10 chips per board is 250Gh/s per board. You'd need 4,000 boards to get 1TH. Not a minor undertaking.
|
|
|
|
physalis
|
|
September 05, 2013, 01:28:08 PM |
|
I've made no claim to any "ridiculous 5-6PH number". My replies were following Ytterbium's post. Next time, check your facts better. I think most of the risk comes from the possibility the companies are just fake, or not going to do what they say they're going to do. Any contrary evidence should boost the price.
But other then that, most of the 'scheduled events' should already be priced in. Emphasis on should. The problem is these markets are tiny and full of n00bs.
I still think LC is the better deal in the short term, they may make more profit off their 50Th/s in October then ActM will off however much it's planning on making in November. We'll probably see up to 5-6Ph come online in November with Cointerra and HashFast. Plus however much comes online from KnC machines in October.
And in order to compete, ActM is going to need a lot of capital for things like PCBs, etc. 10 chips per board is 250Gh/s per board. You'd need 4,000 boards to get 1TH. Not a minor undertaking.
I didn't say you "made claim" to that number, whatever that means. But you picked it for your argument, as a means of spreading FUD against LC. I retorted, and I am right, which I see confirmed by your lack of actual response and drifting off into semantics.
|
|
|
|
Bitcycle
|
|
September 05, 2013, 01:46:45 PM |
|
Big dump. Labcoin liquidating shares before the 10th?
1/10. Lacks any originality. Would not panic. OK, so a week until hashing starts and the vague updates have you convinced that everything is A-OK? Will you alert us when it is time to panic? The "vague updates" have said everything is on track. If that's cause for you to panic, well... Maybe you're just not cut out to make decisions for yourself.
|
|
|
|
AngelSky
|
|
September 05, 2013, 01:58:14 PM |
|
Please panic
|
|
|
|
jeffhuys
|
|
September 05, 2013, 03:00:25 PM |
|
TheSwede75 is now online, for the record. Edit: and gone.
|
|
|
|
damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
|
|
September 05, 2013, 03:11:41 PM |
|
As we already stated, chip documentation isn't ready yet for public distribution. We will start distribution to third parties when hashing power deployed will meet the goals we have set. This is our top priority right now. We want to mention that we have received interview requests from several well know parties, CNN and Bloomberg being the most prominent and late progress with our 65nm design lead us to believe we will deploy 200-300 TH within 2013.
What percentage of the network would 200-300TH be within the estimated 5-6 PH network difficulty? Where are the mathematicians who can tell us what the projected dividends bye bye .0032
Where do you think the share price will land? .004 - .005 once the 3-4TH is up
|
|
|
|
demzie
|
|
September 05, 2013, 04:00:50 PM |
|
TheSwede75 is now online, for the record. Edit: and gone.
Uhh so? Labcoin gave updates yesterday
|
|
|
|
jeffhuys
|
|
September 05, 2013, 04:29:20 PM |
|
TheSwede75 is now online, for the record. Edit: and gone.
Uhh so? Labcoin gave updates yesterday Ahh, could you link me?
|
|
|
|
N_S
|
|
September 05, 2013, 04:30:54 PM |
|
Ahh, could you link me?
Here ya go: As we already stated, chip documentation isn't ready yet for public distribution. We will start distribution to third parties when hashing power deployed will meet the goals we have set. This is our top priority right now. We want to mention that we have received interview requests from several well know parties, CNN and Bloomberg being the most prominent and late progress with our 65nm design lead us to believe we will deploy 200-300 TH within 2013.
And: Deployment is proceeding according to plans and pictures of the devices will be revealed later. Hashing will start on the promised date.
|
|
|
|
Bitcycle
|
|
September 05, 2013, 04:34:25 PM |
|
And the most important part, they are reporting no major obstacles to hitting their deadlines. Deployment is proceeding according to plans and pictures of the devices will be revealed later. Hashing will start on the promised date.
|
|
|
|
Ytterbium
|
|
September 05, 2013, 04:40:13 PM |
|
You're using one month to estimate an APR figure??? On a market where diff rises at an exponential rate?
You're the one picking November and that ridiculous 5-6PH number. LC will already have been mining for months by then. And yes, I can calculate an APR value for the given profit of a given timeframe. Let's have some chips working first, since their big value is on getting hardware running sooner than later.
Since they are planning to start mining within 5 days, they have working chips already. I've made no claim to any "ridiculous 5-6PH number". My replies were following Ytterbium's post. Next time, check your facts better. I think most of the risk comes from the possibility the companies are just fake, or not going to do what they say they're going to do. Any contrary evidence should boost the price.
But other then that, most of the 'scheduled events' should already be priced in. Emphasis on should. The problem is these markets are tiny and full of n00bs.
I still think LC is the better deal in the short term, they may make more profit off their 50Th/s in October then ActM will off however much it's planning on making in November. We'll probably see up to 5-6Ph come online in November with Cointerra and HashFast. Plus however much comes online from KnC machines in October.
And in order to compete, ActM is going to need a lot of capital for things like PCBs, etc. 10 chips per board is 250Gh/s per board. You'd need 4,000 boards to get 1TH. Not a minor undertaking.
When you're thinking about how to invest your money, it's a good idea to look at the 'worst reasonable case'. I don't know for sure that we'll see 5-6PH. But I definitely expect to see some number of PH before the end of November with HashFast, Cointerra, and all the other companies cranking out ASICs.
|
|
|
|
cw92
Member
Offline
Activity: 66
Merit: 10
|
|
September 05, 2013, 04:46:08 PM |
|
^"Worst reasonable case" is still LC being entirely fraudulent
|
|
|
|
jeffhuys
|
|
September 05, 2013, 04:57:39 PM |
|
Thank you, N_S Let's see where this goes!
|
|
|
|
Bitcycle
|
|
September 05, 2013, 04:58:51 PM |
|
^"Worst reasonable case" is still LC being entirely fraudulent
No, that's not 'reasonable'. Possible, yes. But not a reasonable conclusion given what we've seen so far.
|
|
|
|
|