[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)

[TheSwede75]

UPDATE-ISH:
.....

http://bitbet.us/bet/521/labcoins-own-130nm-design-sample-chips-will-be/
Show your chips are working and make an end to y'all haters
You can "hedge" yourself just in case! since you are the only one knows the result

Labcoins own 130nm design sample chips will be received by testers by 12TH SEPT 2013

Labcoin's own 130nm ASIC's are due from foundry August 28th 2013. Sample chips should reasonably be expected within 14 days from that date (cutoff period 12-09-2013 18:00 GMT). Bet resolves as Yes if there are at least 5 actual credible forum members (PR outlets and known shills specifically excluded) that credibly show their sample ASIC chip working to specification. Photos, screen shots, the testimony of respected community members count towards proof. Bet resolves as No otherwise.

I will post more chip images, pictures of running miners, specs, documentation etc. as soon as it becomes available. I would also like to point out that the 'TheSwede' on bitbet.us is NOT me. I have made if clear before and I stick by the fact that I do NOT trade, bet or in any other way personally profit off any access to news or events regarding Labcoin. Doing so would in my opinion be unfair and dishonest. I also will not ever comment on development or share price etc. through personal messages or emails in any form.

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[MPOE-PR]

Let's see if a pictographic description of reality has any better chances of getting through the fog inside them towers of genius than simple text:

scamlab about 16:1 against atm, so if any of those fake trades want to take part in some real action... one btc could yield 500% once they deliver.

via.

Get it? Nobody is actually buying this shit. You're all stuck in a lulzy alternate reality where Burnside is faking the trades and Labcoin is fleecing what few bitcents you've managed to collect by clicking on faucet sites and begging on dice sites.

Towering geniuses of powerlol.

(Mandatory reading for noobs: The anatomy of a scam; The positive market effects of the delivery bet.)

[TheSwede75]

Let's see if a pictographic description of reality has any better chances of getting through the fog inside them towers of genius than simple text:

scamlab about 16:1 against atm, so if any of those fake trades want to take part in some real action... one btc could yield 500% once they deliver.

via.

Get it? Nobody is actually buying this shit. You're all stuck in a lulzy alternate reality where Burnside is faking the trades and Labcoin is fleecing what few bitcents you've managed to collect by clicking on faucet sites and begging on dice sites.

Towering geniuses of powerlol.

(Mandatory reading for noobs: The anatomy of a scam; The positive market effects of the delivery bet.)

I don't get involved in poo-flinging with mentally unstable children, but I find it pretty 'rich' that the owner of an exchange where the only share traded is the exchange itself is accusing people of 'fake trading'. I hope you can get some help with whatever mental issues you are struggling with since apparently every single company except your own little dog and pony show is an outright scam.

I very much enjoyed your blog post on the 'failure' of ASICMINER by the way, very insightful 

[San1ty]

Let's see if a pictographic description of reality has any better chances of getting through the fog inside them towers of genius than simple text:

scamlab about 16:1 against atm, so if any of those fake trades want to take part in some real action... one btc could yield 500% once they deliver.

via.

Get it? Nobody is actually buying this shit. You're all stuck in a lulzy alternate reality where Burnside is faking the trades and Labcoin is fleecing what few bitcents you've managed to collect by clicking on faucet sites and begging on dice sites.

Towering geniuses of powerlol.

(Mandatory reading for noobs: The anatomy of a scam; The positive market effects of the delivery bet.)

I don't get involved in poo-flinging with mentally unstable children, but I find it pretty 'rich' that the owner of an exchange where the only share traded is the exchange itself is accusing people of 'fake trading'. I hope you can get some help with whatever mental issues you are struggling with since apparently every single company except your own little dog and pony show is an outright scam.

I very much enjoyed your blog post on the 'failure' of ASICMINER by the way, very insightful 

I'm still skeptical towards Labcoin, but you are most definitely right here, never mind MPOE-PR, you can't go more troll then that.

[MPOE-PR]

I will post more chip images, pictures of running miners, specs, documentation etc. as soon as it becomes available. I would also like to point out that the 'TheSwede' on bitbet.us is NOT me. I have made if clear before and I stick by the fact that I do NOT trade, bet or in any other way personally profit off any access to news or events regarding Labcoin. Doing so would in my opinion be unfair and dishonest. I also will not ever comment on development or share price etc. through personal messages or emails in any form.

No, you are not betting on it because you know it's a scam.

Your entire "asset" consists of Burnside pasting fake trades to create an illusion of interest, and that's all.

[Panterino]

I will post more chip images, pictures of running miners, specs, documentation etc. as soon as it becomes available. I would also like to point out that the 'TheSwede' on bitbet.us is NOT me. I have made if clear before and I stick by the fact that I do NOT trade, bet or in any other way personally profit off any access to news or events regarding Labcoin. Doing so would in my opinion be unfair and dishonest. I also will not ever comment on development or share price etc. through personal messages or emails in any form.

No, you are not betting on it because you know it's a scam.

Your entire "asset" consists of Burnside pasting fake trades to create an illusion of interest, and that's all.

Dude, troll harder plz...

[001sonkit]

Suits anywhere

[hasher87]

i gain a lot during "no news" period, and loss a lot during "good news" period

imma hold on to it for now

[velacreations]

Your entire "asset" consists of Burnside pasting fake trades to create an illusion of interest, and that's all.

a statement like that requires evidence.  

[Zubilica]

There is a huge wall around 0.004 price at least 1300 BTC

[Multi]

Suits anywhere

and the end of the game

[zoinky]

There is a huge wall around 0.004 price at least 1300 BTC

Dat selling pressure.  It will dip before we hit .004 again.

[Panterino]

There is a huge wall around 0.004 price at least 1300 BTC

The all time high being around .0045 should be breached by news of production.

[Mabsark]

I will post more chip images, pictures of running miners, specs, documentation etc. as soon as it becomes available. I would also like to point out that the 'TheSwede' on bitbet.us is NOT me. I have made if clear before and I stick by the fact that I do NOT trade, bet or in any other way personally profit off any access to news or events regarding Labcoin. Doing so would in my opinion be unfair and dishonest. I also will not ever comment on development or share price etc. through personal messages or emails in any form.

No, you are not betting on it because you know it's a scam.

Your entire "asset" consists of Burnside pasting fake trades to create an illusion of interest, and that's all.

Why would TheSwede75 take that bet when Labcoin never said they would do any of that? So, all you are actually doing here is begging TheSwede to give you money.

[TheSwede75]

I will post more chip images, pictures of running miners, specs, documentation etc. as soon as it becomes available. I would also like to point out that the 'TheSwede' on bitbet.us is NOT me. I have made if clear before and I stick by the fact that I do NOT trade, bet or in any other way personally profit off any access to news or events regarding Labcoin. Doing so would in my opinion be unfair and dishonest. I also will not ever comment on development or share price etc. through personal messages or emails in any form.

No, you are not betting on it because you know it's a scam.

Your entire "asset" consists of Burnside pasting fake trades to create an illusion of interest, and that's all.

Why would TheSwede75 take that bet when Labcoin never said they would do any of that? So, all you are actually doing here is begging TheSwede to give you money.

[lame.duck]

For the test run we opted for QFP packaging, 44 pin, no exposed heat pad, here is a small preview :

Did i miss something?

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.

At what percentage of the estimated data do you want to test the chip? Remember, BFL missend their power goal with great success and bitfury was a little of the planned data.

12,8 W in a QFP-Package without heat pad?

[merv77]

Everyone, just stop with the die size comparisons. They're completely useless for differentiating profitability. They'd be useful for expressing differences in package size or interface speeds, but they do not belong in the conversation for profitability.

Do you mean die size or feature size?  28nm and 130nm are feature sizes, how big the transistors are.  Die sizes are how big the chips themselves are, and thus how much they cost to manufacture.

Smaller feature size means you can cram more transistors per mm², which means you can get the same hash power with smaller, cheaper dies.

So in other words, the shipping company with the electric trucks and solar panels will have a much higher startup cost, but in the long run they will be able to charge less in the long run once that cost is amortized because they won't have to pay for gas or electricity.  They can continue to charge less until their competitors go out of business, if they feel like it.

But anyway, that doesn't really matter that much at this point, because there is so much profit available everyone can make money.  For now. But labcoin is going to have to keep up with the technology curve in the long run.

just read this in another thread and thought it was appropriate here...

There's an old joke about NASA developing a pen that works in outer space, while the crude, clueless Russians used pencils.

[Pale Phoenix]

Your entire "asset" consists of Burnside pasting fake trades to create an illusion of interest, and that's all.

a statement like that requires evidence. 

There is no evidence, and the claim itself is a case study on the loser's struggle for continued relevance.

[lame.duck]

There's an old joke about NASA developing a pen that works in outer space, while the crude, clueless Russians used pencils.

The truth is: the pen was developed by a ?swiss? company and the russians were using these pens as well. The dust from the pencils is a no go in spaceships.

[drawingthesun]

I will post more chip images, pictures of running miners, specs, documentation etc. as soon as it becomes available. I would also like to point out that the 'TheSwede' on bitbet.us is NOT me. I have made if clear before and I stick by the fact that I do NOT trade, bet or in any other way personally profit off any access to news or events regarding Labcoin. Doing so would in my opinion be unfair and dishonest. I also will not ever comment on development or share price etc. through personal messages or emails in any form.

No, you are not betting on it because you know it's a scam.

Your entire "asset" consists of Burnside pasting fake trades to create an illusion of interest, and that's all.

Wow.

If it was a scam TheSwede would have bet to prove it wasn't, betting 20 Bitcoin to change the odds would have been a good expense if this was a scam.

Admittedly I thought this was a scam too but now I think TheSwede and Labcoin have came through.

I used to have a little respect for Mircea, and I know you are not him you're the twat that ruins what little reputation MPOE has left.

But I think no one can respect Mircea any longer because he made a massive mistake with you. I am gobsmacked he is ok with you prancing around on the forums like this.