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

[FloatesMcgoates]

I'm just happy that this news was released on a lazy sunday where very few people are probably online, letting me get a jump on the cheap shares 

[richard_dein]

Not sure if anyone else posted this, but the address Ytterbium found has mined a new block:

http://blockchain.info/address/1NBDEAYH49tZvFMJ95oa4kYrqgecgnc16C

2 blocks are too few to indicate a trend, but the pace looks quite right for 2TH/s.

[abuelau]

Mining address will be posted publicly before Wednesday. This will allow transparent monitoring of the hashing rate and block generation.

Excellent! Way to go Labcoin! Now please make sure you plan your communication carefully going forward, I'm sure that it will only improve from here.

[limbaugh]

Congrats to everyone who reloaded sub .002. As much as LC's communication sucks, I love their stock.

[Bitcycle]

Not sure if anyone else posted this, but the address Ytterbium found has mined a new block:

http://blockchain.info/address/1NBDEAYH49tZvFMJ95oa4kYrqgecgnc16C

2 blocks are too few to indicate a trend, but the pace looks quite right for 2TH/s.

What is known about this address? What makes it a possible labcoin candidate?

[JohnyBigs]

Congrats to everyone who reloaded sub .002. As much as LC's communication sucks, I love their stock.

Yes now pump instead of FUD, since you accomplished your mission to crash the price.

[TMAN]

where Is stu? surely he can get the price down once more.

[MilkyLep]

I hate when I see this, so its just perfect timing to drop this in.

Amazing company!

[dexX7]

What is known about this address? What makes it a possible labcoin candidate?

Not much. Only guessing, I think.

It's a new miner address and the timing + block finding probability doesn't rule out that it's not Labcoin's. But of course we can't be sure, that it's really theirs.

[JohnyBigs]

Waiting for some doofus to dump instead of placing asks.  There's always one idiot.

Shouldn't we all dump since this is a scam according to you and your army of FUDs

[Bitcycle]

Congrats to everyone who reloaded sub .002. As much as LC's communication sucks, I love their stock.

Yes now pump instead of FUD, since you accomplished your mission to crash the price.

Labcoin crashed the price.  The didn't need any help.

[tucenaber]

Not sure if anyone else posted this, but the address Ytterbium found has mined a new block:

http://blockchain.info/address/1NBDEAYH49tZvFMJ95oa4kYrqgecgnc16C

2 blocks are too few to indicate a trend, but the pace looks quite right for 2TH/s.

What is known about this address? What makes it a possible labcoin candidate?

1) It has not been used before labcoin started (?) mining.
2) It has no known miner in the coinbase

[limbaugh]

Congrats to everyone who reloaded sub .002. As much as LC's communication sucks, I love their stock.

Yes now pump instead of FUD, since you accomplished your mission to crash the price.

Labcoin crashed the price.  The didn't need any help.

Thanks, I was just about to post the same thing. Ha! Looks like .003 is in the near future?

[MilkyLep]

Maybe someone who recently got a chunk of their BitFury gear?

[drawingthesun]

Not sure if anyone else posted this, but the address Ytterbium found has mined a new block:

http://blockchain.info/address/1NBDEAYH49tZvFMJ95oa4kYrqgecgnc16C

2 blocks are too few to indicate a trend, but the pace looks quite right for 2TH/s.

If this is true then tomorrows dividend should be 50 satoshi which is already 33% of ActiveMining and expected to grow! (ActiveMining dividend will be about 10 Satoshi in a few weeks)

If Labcoin mines at this rate (25 btc every 3 days and expected to increase) the dividend is already 50% higher than ActiveMining!

If true then well done Labcoin!!

I guess my prediction that they were failing badly at mining was incorrect.

[richard_dein]

Not sure if anyone else posted this, but the address Ytterbium found has mined a new block:

http://blockchain.info/address/1NBDEAYH49tZvFMJ95oa4kYrqgecgnc16C

2 blocks are too few to indicate a trend, but the pace looks quite right for 2TH/s.

What is known about this address? What makes it a possible labcoin candidate?

Just as a disclaimer I am not saying it must be Labcoin, but if we assume this address started mining on 10th September, the odds that this address has around 2TH/s is quite high. Moreover it doesn't come from a well-known pool, and I guess it takes some really weird judgement (like Labcoin did) to mine solo when you could only find one block in 2-3 days.

[FloatesMcgoates]

Not sure if anyone else posted this, but the address Ytterbium found has mined a new block:

http://blockchain.info/address/1NBDEAYH49tZvFMJ95oa4kYrqgecgnc16C

2 blocks are too few to indicate a trend, but the pace looks quite right for 2TH/s.

This address is out of Chicago, Illinois. Doubt its labcoin

[MaxSan]

Not sure if anyone else posted this, but the address Ytterbium found has mined a new block:

http://blockchain.info/address/1NBDEAYH49tZvFMJ95oa4kYrqgecgnc16C

2 blocks are too few to indicate a trend, but the pace looks quite right for 2TH/s.

This address is out of Chicago, Illinois. Doubt its labcoin

How did you work that one out?

[MaxSan]

I think we are actually going to get a healthy surprise when they do eventually give us the hashrate / address.

We can assume that even while they are fixing the issues (be it software / heating issues) they are still going to be putting boards together at the same time.

Well lets hope anyway.

I think they may just be overly cautious and putting up a hash rate that keeps dieing every so often wont look good either if they are ironing out issues.

[tucenaber]

Not sure if anyone else posted this, but the address Ytterbium found has mined a new block:

http://blockchain.info/address/1NBDEAYH49tZvFMJ95oa4kYrqgecgnc16C

2 blocks are too few to indicate a trend, but the pace looks quite right for 2TH/s.

This address is out of Chicago, Illinois. Doubt its labcoin

No, not again.

The one relaying the block to blockchain.info is rarely the same as the miner.