Bitcoin Forum
March 28, 2024, 12:31:41 PM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: « 1 ... 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 [454] 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 ... 914 »
  Print  
Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1079883 times)
ThePeshMod
Newbie
*
Offline Offline

Activity: 46
Merit: 0


View Profile
September 14, 2013, 07:22:27 AM
 #9061


You cashed out BTC 0.0025? Adorable!  Roll Eyes
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1711629101
Hero Member
*
Offline Offline

Posts: 1711629101

View Profile Personal Message (Offline)

Ignore
1711629101
Reply with quote  #2

1711629101
Report to moderator
Zakryze
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250



View Profile WWW
September 14, 2013, 07:23:12 AM
 #9062

WTF just woke up..
Some one could summ thngs up for me?
you have been sleepraped!

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
PRIMEDICE
The Premier Bitcoin Gambling Experience @PrimeDice
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

SNttx1hwtpf8TQEK7ZBojcvQrDmBaz9QPK SFC Addy
runam0k
Legendary
*
Offline Offline

Activity: 1092
Merit: 1001


Touchdown


View Profile
September 14, 2013, 07:23:37 AM
 #9063

Price climbing lol
BlockChains
Member
**
Offline Offline

Activity: 110
Merit: 10


View Profile
September 14, 2013, 07:25:17 AM
 #9064

WTF just woke up..
Some one could summ thngs up for me?

Sure.... Short version here: http://www.reddit.com/r/BitcoinStocks/comments/1mcwkv/labcoin_tanks_as_news_reveals_lies_about_hashing/
matt4054
Legendary
*
Offline Offline

Activity: 1932
Merit: 1035



View Profile
September 14, 2013, 07:25:51 AM
 #9065

WTF just woke up..
Some one could summ thngs up for me?

Well, I could, but I would be called a troll or a spammer for repeating myself Cheesy
Let's say a very disappointing update told us there were great things coming in the future, but nothing for now.
People are losing trust, and the price has become very volatile and nearing IPO

I guess that's the closest thing to a "neutral" summary that I could make Smiley
N_S
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
September 14, 2013, 07:26:16 AM
 #9066

WTF just woke up..
Some one could summ thngs up for me?

They lied about their current situation, post rubbish pictures of random chips/boards, and refuse to post any mining address or provide pictures of currently hashing hardware (like the 2TH/s they said were already up and running.)
demzie
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250



View Profile
September 14, 2013, 07:26:46 AM
 #9067

Again? shit...

They are still hashing or did they denied that?
foxykah
Full Member
***
Offline Offline

Activity: 126
Merit: 100



View Profile
September 14, 2013, 07:27:47 AM
 #9068

Again? shit...

They are still hashing or did they denied that?

They never started hashing, that was a lie.

Good things come to those who wait.
Zakryze
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250



View Profile WWW
September 14, 2013, 07:28:20 AM
 #9069

Again? shit...

They are still hashing or did they denied that?
they denied to be NOT hashing.
But without a fully assembled rig it seems very odd how they are mining. maybe they bought some active mining shares to be mining.

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
PRIMEDICE
The Premier Bitcoin Gambling Experience @PrimeDice
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

SNttx1hwtpf8TQEK7ZBojcvQrDmBaz9QPK SFC Addy
N_S
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
September 14, 2013, 07:29:40 AM
 #9070

Again? shit...

They are still hashing or did they denied that?

They never started hashing, that was a lie.

Yep. +1
BlockChains
Member
**
Offline Offline

Activity: 110
Merit: 10


View Profile
September 14, 2013, 07:30:34 AM
 #9071

Yeah this was the pic to "prove" they had 2 TH http://imgur.com/4yuBc9A obv it's happily hashing away....
foxykah
Full Member
***
Offline Offline

Activity: 126
Merit: 100



View Profile
September 14, 2013, 07:31:33 AM
 #9072

I'm wondering what the general opinion @ LC can be.
Maybe: "We are undervalued™."

Good things come to those who wait.
dexX7
Legendary
*
Offline Offline

Activity: 1106
Merit: 1024



View Profile WWW
September 14, 2013, 07:31:54 AM
 #9073

Over the last 5-6 hours this thread grew by 42 pages and completely stuffed with no-content-posts. This equals a post rate of more than one post / 30 sec and this was done by approx. 5 personas at the same time.

For visibility:

UPDATE:

The Labcoin team is current tweaking boards and preparing for prodution
roll out of mining operation. Public mining address/Pool name will
be released as soon as the mining operation reaches a stable hash rate.

We are aware a lot of people are waiting for a address or pool name
where they can follow the hash rate and this is a priority, however
Labcoin also does not want the same kind of 'hysteria' that surrounds
ASICMINER every time pool rate drops or increases.

Once the miners have been deemed '100%' and can reliably mine 24/7 hash
rate will be made public and a new website will be launched where
shareholders can follow the growth in hash rate.

The 130 nm Chips run at approx 1.8 GH/s and the boards are still being
tweaked and tested so that once full production roll out starts
(approx 1-2 weeks) they will mine reliably 24/7

Labcoin has already ordered and will take delivery of OVER 100,000 chips
with accompanying boards and controllers for miner production and
rollout through the month of October.

Within 20 days (early Oct) approx 20TH will be online. Hash rate will
then progressively reach over 50TH of mining power during the month
of October as miners are brought online.

The mining operation will then be scaled up as miners are deployed and
will reach and pass 100TH+ in November to reach 500TH during the
month of December.

Other news:

Gen 2 65nm development is on track. Due to the fast increase in network
diff Labcoin will likely not sell or
ship volume 130nm orders but rather work towards quick tape out and
first run of 65 nm for bulk customer orders and consumer miners.

The 130 nm chips are still highly profitable for mining in datacenter in
China due to the short lead time and availabilty of resources etc.

Labcoin sees no reason to risk shipping chips at this point when the
team can just build miners on-site in China and reach very high
revenue mining with the chips instead of selling them to end users.


TLDR; Miners are being tweaked and tested still and deployment of
'significant' hash rate will be happening in the next two weeks, to reach
approx 20TH within 20 days. During October 50TH+ will be rolled out, to
reach 100TH+ in November and 500TH during the month of December.
65 nm is on track.

I will also post pictures of board and chips in about 2minutes.

Edit: here are chips and boards.http://imgur.com/4yuBc9A

To clarify. Hash goal for Dec is 500th+ and that is from chips that are already ordered using IPO funds. Short term goal is 20 TH within 20 days, 50TH in Oct and 100+ in November. We consider it likely that we surpass both Oct and November goals.


https://bitcointalk.org/index.php?topic=263445.msg3148724#msg3148724


https://bitcointalk.org/index.php?topic=263445.msg3148974#msg3148974

AngelSky
Hero Member
*****
Offline Offline

Activity: 1008
Merit: 537



View Profile
September 14, 2013, 07:32:18 AM
 #9074




Cash-Out time.

You cashed out BTC 0.0025? Adorable!  Roll Eyes

You are not familiar with the cashout. This is the minimum fee that cannot leave the account if the amount has to be confirmed by the btct admins  Grin
matt4054
Legendary
*
Offline Offline

Activity: 1932
Merit: 1035



View Profile
September 14, 2013, 07:32:45 AM
 #9075

they denied to be NOT hashing.
But without a fully assembled rig it seems very odd how they are mining. maybe they bought some active mining shares to be mining.

It's more subtle than that:

They denied they *never* have been hashing,
They admitted no longer to be hashing, and never doing so at "production" scale, as far as I understand their words.
foxykah
Full Member
***
Offline Offline

Activity: 126
Merit: 100



View Profile
September 14, 2013, 07:34:14 AM
 #9076

they denied to be NOT hashing.
But without a fully assembled rig it seems very odd how they are mining. maybe they bought some active mining shares to be mining.

It's more subtle than that:

They denied NOT EVER having been hashing,
They admitted NOT no longer to be hashing, and never doing so at "production" scale, as far as I understand their words.

Does not matter, if we think they told X, then they will defend themselves by saying we 'Misunderstood™' them.

Good things come to those who wait.
WikileaksDude
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500



View Profile
September 14, 2013, 07:34:59 AM
 #9077

Just sold all my shares.... can't believe these shit....
foxykah
Full Member
***
Offline Offline

Activity: 126
Merit: 100



View Profile
September 14, 2013, 07:35:02 AM
 #9078

WHY ARE THEY BUYING @0.0024?! Somebody is going to lose...

Good things come to those who wait.
AngelSky
Hero Member
*****
Offline Offline

Activity: 1008
Merit: 537



View Profile
September 14, 2013, 07:35:16 AM
 #9079

Some people waking up out there think that labcoin can recover from this. Let me give you some infos: nope.
demzie
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250



View Profile
September 14, 2013, 07:37:05 AM
 #9080

thanks dexX7
Pages: « 1 ... 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 [454] 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 ... 914 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!