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

[dexX7]

Next slush payout should be within 15 minutes.

Edit: I see, thanks!

[1714057099]

1714057099

[FloatesMcgoates]

Next slush payout should be within 15 minutes.

Payments do not occur every hour, sometimes there are gaps of two or three

[Bitcycle]

Not saying anything about whether or not they're on Slush is lowering their reputation even further.


Silence is the WORST thing you can give us, Labcoin.  It's failure.

[Ukyo]

Another payout of .11047558

[dexX7]

Another .11 BTC incoming:

http://blockchain.info/tx/dfb57499e4907ceab6287bec65669e63ceab6a63cf355a4289e17e4e333cadae

[FloatesMcgoates]

Well if anything we know for sure that they are hashing

[klee]

Wait! No FUD today???  
Where are they? The FUDsters! Please come back I am bored...

[Ukyo]

Well if anything we know for sure that they are hashing

Well, someones hashing.

Has anyone checked into the new addresses sending the .1xxx btc transactions?
Hard to tell since they are not listed as known slush addresses.

-Ukyo

[alphaking]

solo mining -> pool mining, nothing is true.
Maybe they just buy some chips to mine instead of their own product.

[klee]

solo mining -> pool mining, nothing is true.
Maybe they just buy some chips to mine instead of their own product.

Ahh there you are at last, I thought it was all over!!!  

[BitThink]

0.11 per block is about 67.6 * 0.11 / 25 = 0.297 TH/s

Let's see whether this number increases after a couple of hours. Otherwise, let's see how labcoin explain where's their 5+ Th.

[kololo]

Not saying anything about whether or not they're on Slush is lowering their reputation even further.


Silence is the WORST thing you can give us, Labcoin.  It's failure.

Are you god? Should labcoin achieve your every wish?
no matter what has been updated you guys always has sth to say.
If you think labcoin is the worst, sold out your shares. Do sth more worthy.
DON'T TROLL IN THE THREAD EVERYDAY.

[Bitcycle]

Not saying anything about whether or not they're on Slush is lowering their reputation even further.


Silence is the WORST thing you can give us, Labcoin.  It's failure.

Are you god? Should labcoin achieve your every wish?
no matter what has been updated you guys always has sth to say.
If you think labcoin is the worst, sold out your shares. Do sth more worthy.
DON'T TROLL IN THE THREAD EVERYDAY.

I'll post what I please, but thank you for your comments.

All they have to do is tell us they're hashing on Slush.

That's it.

Simple sentence.

I bet they have time.

[KCBitcoin]

0.11 per block is about 67.6 * 0.11 / 25 = 0.297 TH/s

Let's see whether this number increases after a couple of hours. Otherwise, let's see how labcoin explain where's their 5+ Th.

well these figures are rather disappointing.

[BitThink]

Well if anything we know for sure that they are hashing

Well, someones hashing.

Has anyone checked into the new addresses sending the .1xxx btc transactions?
Hard to tell since they are not listed as known slush addresses.

-Ukyo

If you look at the address, you will see actually the slush addresses sent BTC to it first, then it distributed to multiple addresses, including LC address. It seems that this is a kind of subgroup address.

[Ukyo]

solo mining -> pool mining, nothing is true.
Maybe they just buy some chips to mine instead of their own product.

Ahh there you are at last, I thought it was all over!!!  

[Bitcycle]

0.11 per block is about 67.6 * 0.11 / 25 = 0.297 TH/s

Let's see whether this number increases after a couple of hours. Otherwise, let's see how labcoin explain where's their 5+ Th.

well these figures are rather disappointing.

Well, do remember these are from 14-15 hours ago.

Possibly they had a test set of boards running at a very low level before ramping up to the full set.

We'd know if they'd, you know, tell us.

[camu6]

0.11 per block is about 67.6 * 0.11 / 25 = 0.297 TH/s

Let's see whether this number increases after a couple of hours. Otherwise, let's see how labcoin explain where's their 5+ Th.

well these figures are rather disappointing.

Well, do remember these are from 14-15 hours ago.

Possibly they had a test set of boards running at a very low level before ramping up to the full set.

We'd know if they'd, you know, tell us.

They told you they were mining for 2 weeks. How can you still be clinging blindly to their words?

[alphaking]

solo mining -> pool mining, nothing is true.
Maybe they just buy some chips to mine instead of their own product.

Ahh there you are at last, I thought it was all over!!!  

But I bought @0.0035.

[ThePeshMod]

0.11 per block is about 67.6 * 0.11 / 25 = 0.297 TH/s

Let's see whether this number increases after a couple of hours. Otherwise, let's see how labcoin explain where's their 5+ Th.

well these figures are rather disappointing.

Well, do remember these are from 14-15 hours ago.

Possibly they had a test set of boards running at a very low level before ramping up to the full set.

We'd know if they'd, you know, tell us.

Weird, my calculations show pretty close to actual 2 TH (assuming of course regular payments to that address). Between the first and last payment there is a bit over 10 hours. BTC3.63 over that time period estimates ~ BTC8.62 per day. 2 TH, according to the BTC calculators yields BTC8.93 per day. So I'd say currently about 2 TH.

EDIT: I'm sure someone with a bit of programming knowledge can do tracking of, let's say, hash rate 5-day moving average solely from information from that address. That should give us a good estimation of their true hash rate.